Connector Market Expected to Reach $168 Billion by 2032
" The connector market is expected to grow during the forecast period, owing to surge in demand for high-speed connectors,
rise in demand in automotive sector and rise in investment in defense and submarine cables by various organizations.
Moreover, surge in number of data centers is expected to provide lucrative opportunity for the growth of the market during
the forecast period. ”
According to Vaishnavi Shyamsundar Mate,
Semiconductor and Electronics
⦁ Request Sample : https://www.alliedmarketresearch.com/request-sample/10984
(We are providing report as per your research requirement, including the Latest Industry Insight's Evolution, Potential
and COVID-19 Impact Analysis)
KEY FINDINGS OF THE STUDY
•
•
•
•
The global connector market was valued at $79,755.0 million in 2022.
The PCB connectors segment was the highest revenue contributor to the market, with $21,565.6 million in 2022.
The automotive segment was the highest revenue contributor to the market, with $19,339.1 million in 2022.
The smartphones and laptops segment was the highest revenue contributor to the market, with $6,305.8 million
in 2022.
Major key players profiled cover in Report:
•
•
•
•
•
•
Hirose Electric Co. Ltd.
J.S.T. Mfg. Co. Ltd.
Nexans
Koch Industries Inc. (MOLEX)
Luxshare Precision Industry Co. Ltd.
Amphenol Corporation
Market dynamics
Drivers
•
•
Increasing demand for continuous health monitoring and remote patient management.
Advancements in sensor technologies, such as miniaturization and improved sensitivity.
Restraints
• Limited battery life poses a constraint on continuous monitoring capabilities of sensor patches.
• Size constraints may limit the incorporation of advanced sensors, affecting overall functionality.
Opportunities
•
•
Growing demand for wearable health monitoring devices is driving the sensor patch market.
Advancements in sensor technologies contribute to the expansion of applications in healthcare, fitness, and
sports.
⦁ Report Overview:
https://www.alliedmarketresearch.com/connector-market-A10619
Analyst Review:
According to the insights of the CXOs of leading companies, a connector is an electromechanical device, which joins one
conductor electrically & mechanically with another conductor. Generally, it covers a wide range of devices, such as joining
small conductors in communication circuits, or at the other extreme, busbars, and large cables.
It is extensively used on circuits for computers, communications, consumer electronics, and industrial machinery. It may
join two lengths of flexible copper cable or wire, or to connect a cable or wire to an electrical terminal. However, in
computing, a connector is generally known as a physical interface (physical layer of OSI model in networking).
About Us:
Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm
has been instrumental in offering high-quality syndicated and customized market research reports, consulting services,
and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate substandard data and become a successful partner for organizations, Allied Market Research has been innovating
continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception.
With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR
has a proven track record of helping and serving the global clientele and playing a major role in their success.
Contact Us:
David Correa 1209 Orange Street,
Corporation Trust Center, Wilmington, New Castle
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com