- Global Connector Industry
Global Connector Industry 2017-2020
global connector industry is expected to reach an estimated
value of $72.7 billion by 2020. Demand for advanced product
features, high-speed, convenience, and connectivity is driving
the connector manufacturing industry. The other major drivers
of the connector industry includes growth in intelligent building
technologies, miniaturization of electronic devices, increasing
electronic content in devices and the growing number of 3C
applications (computing, communication, and consumer electronics).
Rapid technological advancement has encouraged the demand
for compact and reliable electronic devices. Products which
provide convenience and better connectivity along with high
speed are in demand that will drive the connector industry.
management looks at analysis of the market trends, the competitive
landscape, mergers and acquisitions, emerging new products,
and key drivers of industry growth. Our leadership team studies
global trends and forecasts for the connector market, and
we use this data in our control of cost to maintain Xmultiple
prices at the lowest possible level for our customers.
serves many industries including consumer electronics, computer
and peripherals, industrial, telecom/datacom, and aerospace,
defense, office equipment, and medical equipment.
and Connectors Market (2017-2020)
internet penetration, along with the need for high speed internet
connection is the major driving factor for the growth of the
cables and connectors market. With the demand for bandwidth
growing rapidly, there is an ever-increasing need for fiber
optic interconnectivity to support the growing data traffic.
In the industry category of cables and connectors, the "submarine
industry" is expected to have a higher market size compared
to the "satellite industry". The major reason behind
the large market size of the submarine industry is the large
demand for cables & connectors. The submarine communications
industry (sub-industry in the submarine industry) holds the
highest market share in the cables and connectors market because
of the increasing demand for sub-sea cables and connectors
in the communication industry, as the government bodies are
investing highly in forming fiber optic telecommunication
links to connect different parts of the globe.
global cables and connectors market has been segmented into
four categories that include: component segment, application,
industry, and geography. The component segment includes cable
& cable assemblies, electronic & mechanical connectors,
and other components. The application segment includes testing
and manufacturing/ production. The industry segment includes
satellite and submarine industries. The cables and connectors
market has also been segmented on the basis of geography.
The market by geography has been classified into various regions
such as the Americas, Europe, APAC, and RoW.
Hazardous Environment Connectors Market - Market Trends and
Forecasts (2017 - 2021)
various government safety standards have made the use of hazardous
environment safe connectors compulsory in almost all the industrial
sectors. As per these safety standards, we have the hazardous
location safety connectors that are explosion or flame-proof
as well as corrosion resistant. These connectors provide protection
to the industrial equipment and to the personnel. Moreover,
they prevent the occurrence of major accidents in the hazardous
areas. Thus, knowing all the parameters, which can guide us
in choosing the right kind of hazardous location connector
is critically important, in order to avoid the risk of explosion
or fire due to ignitable gases, dust or vapors.
global hazardous environment connectors market is estimated
to be worth USD 10.74 billion in 2016 and is projected to
grow at a CAGR of 5.22% during the forecast period to reach
USD 13.85 billion by 2021. The global hazardous location connectors
market is broadly segmented based on class, hazardous zones,
applications, end-users and geography. On the classification
of class, the hazardous location connectors market are divided
into class I, class II and class III. Similarly, based on
the hazardous zones, the market is segmented into zone 0,
zone 1 and zone 2. Further, on the classification of applications,
the market segments are oil refineries, petrochemical refineries,
pulp & paper mills, food & beverage processing, oil
& gas production, pharmaceutical manufacturing, wastewater
treatment facilities and others.
As China's consumer electronics, web-design and communication
terminal products have developed rapidly and the global production
capacity of connectors. Now China has the world's fastest
growth rate in the connector market which has become the biggest
in the world. Xmultiple will continue to expand our presence
and manufacturing in China.
the perspective of the application of connectors in end-user
market in 2016, the top five application fields were still
auto-electronics, computer & computer peripherals, telecommunication
& data communications, industries, military & aviation
application of connectors in auto industry and computer &
communication industry has developed in leaps and bounds.
The market is further expanded, and the growth rate has reached
double-digit per year. The potential for the future is quite
large. China has become the biggest connector market with
the fastest growth rate in the world. The main reason for
this is that companies in the United States have contract
manufacturing for their products performed in China by large
Electronic Manufacturing Service (EMS) companies such as JABIL,
Flextronics, Sanmina, Benchmark and many more.
mobile products, headed by mobile phones, have developed toward
miniaturization, slimmer shape and high performance, the components
of display screen are becoming more complicated. Based on
the urgent demand of diversified applications and thinner
space of substrate connectors and FPC (flexible printed board)
connectors as well as low back, especially the demand of super-slimming
of mobile phones is growing rapidly. This market also has
requirements for super low back built-in connectors.
the basis comprehensive research by many financial companies,
the connector industry will grow significantly during 2017-2020.
Consumer electronics and industrial connector segments will
witness strong growth during the forecast period. Increasing
internet traffic, development of high density, and micro miniature
technologies are the major driving factors for these segments.
Research and development activities have become an indispensable
part of all connector manufacturers' strategy for this industry
growth. Growing consumer demand forced the market towards
quality improvements of electronic products. Rapid technological
advancement has encouraged the demand for compact and reliable
electronic devices. As weight and cost savings have become
essential for high-reliability products, all connector manufacturers
are focusing on developing smaller, lighter, and higher-power
connectors. Regular innovation of products is very important
for companies to sustain their successful position in the
market. Xmultiple has been a leader in this innovation with
our recent development of our X-Smart, UltraJAX, Ultramag
and Mini RJ45 connector product lines.
$39B Worldwide: ~ 6.5% per year Growth
Test/Burn-in Sockets <10%, Production Connectors &
Sockets = >90%.
Metallic Connectors: (Cu, Brass, PhBr, BeCu ), Fiber Optic
Connectors: (Glass, POF), Electronic: < 5v Electrical:>
Major Markets: Computer, Communications, Auto. Mil-Aero,
Industrial, Consumer, Appliance, Medical, Instrumentation,
Points About Connector Market:
Xmultiple, Tyco, Molex, Amphenol, FCI, Delphi, Yazaki, JST,
Foxconn. > $2B in Sales.
Industry consolidation will continue.
Globalization of the Supply Chain is increasing.
Manufacturing Footprint is Shifting to Asia
Market ~ 60% Standards-Based, 40% Application-Specific.
Dynamics for the Future:
Expansion in Developing World: China, Other Asia, India
North American & EU Market & Manufacturing Infrastructure
vs. Current Trends.
Semiconductor & Electronic Packaging Developments.
Wireless Technology vs. Cables. Other Technology Breakthroughs.
Market-Specific Issues. (Computer, Telecom, Automotive)