Global Connectors Market to grow at a CAGR of 5.97% during the period 2016 - 2020; Finds New Report

Report forecast the global connectors market to grow at a CAGR of 5.97% during the period 2016-2020.

A connector is a device that carries electricity or electronic signals, and connects the input/output (I/O) of an electronic or electrical device with the internal controls of a machine or another device. Connectors are important in the initial setup of any industry. Use of cheap or low-grade connectors may result in weaker signals and inefficiency. The lesser the interference produced by the connector, the greater the quality of the connector.

The report covers the present scenario and the growth prospects of the global connectors market for 2016-2020. To calculate the market size, the report considers the market size based on the revenue generated from the sale of connectors during the historic period.

The market is divided into the following segments based on product type:

• PCB
• I/O rectangular
• IC sockets
• RF coax
• Circular
• Telecom
• Fibre optics
• Terminal block
• Heavy duty
• Power
• Application specific
• Other connectors

According to the report, copper, gold, and oil are the essential raw materials used in manufacturing connectors. The prices of all the three commodities have seen a downward trend in the past one year. The decrease in prices of raw materials will have a positive impact on both consumers and manufacturers. It will lead to increased profit margins for manufacturers and a relative decline in connector prices for consumers, which will boost sales and encourage further investments in the market.

Further, the report states that reliability and durability are the major challenges facing the connectors market.

Global Connectors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Connectors Market:  TE Connectivity, Amphenol, Molex Incorporated, Delphi and Hon Hai/Foxconn Technology.

Other Prominent Vendors in the market are: 3M, ABB, Belden Incorporated, Emerson, EDAC, HARTING Technology Group, Hirose Electric, JAE, JST, LOTES, METZ, Phoenix Contact, Rosenberger, Sumitomo Wiring Systems, Weidmuller and Yazaki.

Market driver

• Decrease in cost of raw materials
• For a full, detailed list, view our report

Market challenge

• Reliability and durability issues
• For a full, detailed list, view our report

Market trend

• Increased sourcing from APAC
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 105 pages and 57 Exhibit “Global Connectors Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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