PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1410082
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1410082
The global D-Sub connector market is estimated to grow at a CAGR of 5.38% during the forecast period.
D-sub connectors feature a distinctive D-shaped metal shell that encloses two or more parallel rows of contacts. This design offers mechanical support, ensures proper alignment, and can provide electromagnetic interference (EMI) shielding. D-sub connectors find applicability across various end-user industries, including consumer electronics, aerospace & defense, industrial, power & energy, and others. These diverse industries rely on D-sub connectors for their connectivity needs. The growth of the D-sub connector industry is significantly driven by the increasing demand for consumer electronics and the rising adoption in the aerospace & defense sectors.
D-sub connectors are widely used in electronics due to their reliability, versatility, and compatibility with a range of devices. They provide a secure and standardized interface for connecting various components, facilitating data transfer and power connections. Heavy investments and initiatives aimed at promoting domestic manufacturing, enhancing technological capabilities, and meeting the rising demand for electronic devices have provided a positive outlook to the market demand for D-sub connectors. For instance, in May 2023, the Union Cabinet approved a budget of Rs 17,000 crore to implement the IT Hardware Production Linked Incentive (PLI) Scheme 2.0. This scheme aims to bolster electronics manufacturing in India by providing financial incentives to eligible manufacturers.
D-sub connectors are widely used in aerospace and defense applications as they provide a secure and standardized interface for connecting various components and systems, including avionics, communication systems, radar equipment, and control systems due to their exceptional durability, and ability to withstand harsh environments. The aerospace and defense sector continues to grow due to technological advancements coupled with favourable investment inflow which is fuelling the expansion of the D-sub connector industry According to the Airbus FY 2022 report, the company's Defence and Space business experienced a positive revenue growth of 11%, reaching a total of 11,259 million euros compared to the previous year.
D-sub connectors are extensively used in industrial automation as they provide secure and stable connections for data transmission, power supply, and control signals in industrial environments, and as industrial automation continues to expand, driven by heavy investments and collaborations between industries, the demand for D-sub connectors rises in parallel. For instance, in February 2022, United States Steel and Carnegie Foundry, a Pittsburgh-based robotics and AI studio, announced a strategic investment and partnership in which the companies will focus on advancing and expanding industrial automation through the use of advanced robotics and artificial intelligence (AI) technologies.
North America is projected to account for a significant share of the D-Sub connector market due to the region's advanced technological infrastructure, well-established aerospace & defense sector, and strong manufacturing capabilities. Additionally, the region's focus on research and development activities coupled with a robust focus on investments to boost electronics production and promote automation technologies in various industries is further driving the adoption of D-sub connectors. For instance, in May 2023, ABB unveiled plans to accelerate its growth strategy in the United States through a substantial investment of around $170 million which will be directed toward expanding manufacturing, innovation, and distribution operations to meet the rising demand for electrification and automation products. Additionally, ABB aims to support the ongoing clean energy transition.
The surge in demand for sleek and lightweight devices has increased the need for smaller, space-efficient connectors that can accommodate the shrinking form factors. This shift towards miniaturization in electronic devices may potentially limit the market demand for the D-sub connector as manufacturers seek more compact and specialized connector solutions to meet the requirements of modern device designs.