Connector Market is expected to reach $77.5 Billion by 2025 – An exclusive market research report by Lucintel

Connector Market is expected to reach $77.5 Billion by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Connector Market
Trends, opportunities, and forecast in connector market to 2025 by product type (PCB (Printed Circuit Board) connectors, fiber optic connectors, rectangular I/O, RF (Radio Frequency) coax, application specific connectors, circular connectors, IC (Integrated circuit) sockets, and others), end use industry (transportation, consumer electronics, computer and peripherals, industrial, telecom/datacom, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel's latest market report analyzed that connector provides attractive opportunities in the transportation, telecom/datacom, computer and peripheral, industrial, and consumer electronics industries. The connector market is expected to reach $77.5 Billion by 2025 with a CAGR of 3.8%. In this market, PCB (Printed Circuit Board) connector is the largest segment by

 product type, whereas transportation is largest by end use industry. The increasing demand for high speed connectors, shift towards compact and thinner connectors, and development of high power connectors provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/connector-market.aspx

Based on product type, the connector market is segmented into PCB (Printed Circuit Board) connectors, fiber optic connectors, rectangular I/O, RF (Radio Frequency) coax, application specific connectors, circular connectors, IC (Integrated circuit) sockets, and others. The PCB (Printed Circuit Board) connectors segment is accounted for the largest share of the market in 2020 due to growth in computer, consumer electronics, and communication industries. The fiber optic connector segment is expected to witness the highest growth rate due to its easy installation, fast connection, low signal loss, and high performance, which are highly required in optical communications.

Browse in-depth TOC on “Connector Market”

132 – Tables

157 – Figures

190 – Pages

The connector market is marked by the presence of several big and small players. Some of the prominent players offering connector include TE Connectivity Ltd., Amphenol Corporation, Molex Incorporated, Hon Hai Precision, and Delphi Connection.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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