PUBLISHER: Lucintel | PRODUCT CODE: 1263925
PUBLISHER: Lucintel | PRODUCT CODE: 1263925
Industrial Connector Market Trends and Forecast
The future of the industrial connector market looks promising with opportunities in the factory automation and machinery, construction and civil engineering, and energy markets. The global industrial connector market is expected to reach an estimated $8.7 billion by 2028 with a CAGR of 6.8% from 2023 to 2028. The major drivers for this market are improving world GDP, rapid industrialization and increasing use of more advanced technologies such as industrial automation and robotics.
Industrial Connector Market by End Use Industry
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Industrial Connector Market by Segments
Industrial Connector Market by Segment
Industrial Connector Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Factory Automation and Machinery
Construction and Civil Engineering
Energy
Industrial Connector Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
List of Industrial Connector Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, industrial connector companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial connector companies profiled in this report include.
Molex
TE Connectivity
Amphenol
Aptiv
JST Mfg.
Hirose Electric
Rosenberger
Harting Technology
Foxconn
Industrial Connector Market Insights
Factory automation and machinery is expected to remain the largest segment due to growing demand of smart factories and increasing trend of IOT and automation technologies in industries.
APAC will remain the largest region due to the high presence of large number of players and increasing adoption of automation technologies in various industries in the region.
Features of the Industrial Connector Market
Market Size Estimates: Industrial connector market size estimation in terms of value ($B)
Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
Segmentation Analysis: Industrial connector market size by various segments, such as by end use industry and region
Regional Analysis: Industrial connector market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis on growth opportunities in different by end use industry and regions for the industrial connector market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the industrial connector market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the industrial connector market size?
Answer: The global industrial connector market is expected to reach an estimated $8.7 billion by 2028.
Q2. What is the growth forecast for industrial connector market?
Answer: The global industrial connector market is expected to grow with a CAGR of 6.8% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the industrial connector market?
Answer: The major drivers for this market are improving world GDP, rapid industrialization and increasing use of more advanced technologies such as industrial automation and robotics.
Q4. What are the major segments for industrial connector market?
Answer: The future of the industrial connector market looks promising with opportunities in the factory automation and machinery, construction and civil engineering, and energy markets.
Q5. Who are the key industrial connector companies?
Answer: Some of the key industrial connector companies are as follows:
Molex
TE Connectivity
Amphenol
Aptiv
JST Mfg.
Hirose Electric
Rosenberger
Harting Technology
Foxconn
Q6. In industrial connector market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the high presence of large number of players and increasing adoption of automation technologies in various industries in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.