PUNE,
India, July 19, 2024 /PRNewswire/ -- A cable
connector is a component that is attached to the end of a cable so
that it plugs into a port or an interface of an electronic system.
As crucial electromechanical components, connectors play a pivotal
role in establishing secure connections between different devices
and facilitating the transmission of signals, energy, or data.
These connectors come in various types, catering to specific
applications and differing in pin layout, contact materials, and
packaging design.
There is a growing need for technologies that can support higher
data rates, as demonstrated by TE Connectivity's introduction of
8-pair shielded RJ45 connectors designed for 10GbE speeds in
challenging industrial settings. Stellar Market Research states
that the market size for the Cable Connector Market was valued at
USD 96.09 Bn in 2023 and is expected
to grow at a CAGR of 6.93 percent during the forecast period,
reaching USD 153.60 Bn by 2030.
The Cable Connector Market Report delves into the intricate
dynamics of the Cable Connector industry, offering a comprehensive
analysis of key trends, challenges, opportunities, and market
drivers shaping its trajectory. Through thorough research
methodology, the report employs a multi-faceted approach to gather
and analyze data, including both primary and secondary research
techniques. This ensures the accuracy, reliability, and depth of
insights provided in the Cable Connector Market Report, empowering
stakeholders to make informed decisions and capitalize on emerging
opportunities in the premium financing landscape.
Cable Connector Market Scope
Market Size in
2023
|
USD 96.09 Bn
|
Market Size in
2030
|
USD 153.60
Bn
|
CAGR
|
6.93 Percent
|
Forecast
Period
|
2024-2030
|
Base
Year
|
2023
|
Number of
Pages
|
229
|
No. of
Tables
|
138
|
No. of Charts and
Figures
|
193
|
Segment
Covered
|
By Product, Type, and
Vertical
|
Regional
Scope
|
North America, Europe,
Asia Pacific, Middle East and Africa, South America
|
Report
Coverage
|
Market Share, Size, and
Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers,
Restraints, Investment Opportunities, and Key Trends, Competitive
Landscape, Key Players Benchmarking, Competitive Analysis, MMR
Competition Matrix, Competitive Leadership Mapping, Global Key
Players' Market Ranking Analysis.
|
Get your Sample
PDF:https://www.stellarmr.com/report/req_sample/Cable-Connector-Market/46
Key Player Offerings
- Amphenol Communication Solutions has expanded its high-speed
cable products to meet the needs of next-gen enterprise server and
storage equipment, including PCIe, EDSFF, OCP, and power shelf
specifications. They collaborated with PCI-SIG to develop a PCIe
DirectAttached cable riser solution supporting up to PCIe 5.0
32Gb/s, reducing signal loss by using high-speed cable instead of
traces on the motherboard.
- Fujitsu has introduced a new series of cable connectors
designed for high-speed data transmission, specifically targeting
data centers and telecommunications. These connectors are a crucial
part of their efforts to enhance connectivity solutions for 5G
networks and other high-demand applications.
- Huawei broadened its range of products in the cable connectors
sector, with a focus on high-performance connectors designed to
meet the requirements of contemporary telecommunications
infrastructure. This involved creating connectors that adhere to
the most up-to-date data transmission standards, enabling smooth
integration with current systems.
Electrification of Automotive Driving Cable Connector
Demand
The growing electronic content in cars and the electrification
of vehicles are driving up demand for advanced cable connections.
The transition to electric vehicles (EVs) demands complex
electrical systems, which raises the demand for superior cable
connections. In 2023, the global EV market reached around 3.5
Million sales with a YoY increase of 35%. Within the automotive
value chain, this surge offers profitable opportunities,
particularly in the manufacture of cable connections. The cost of
manufacturing these complex connectors varies, and with the
expected rise in the use of electric vehicles, there is a
significant rise in the revenue from cable connector sales. For
instance, compared to a car with a traditional internal combustion
engine, an electric vehicle typically has five times as many
connections, which increases the profitability of the manufacturer.
Additionally, modern automobiles integrate entertainment,
telematics, and advanced driving assistance systems (ADAS), all of
which significantly depend on durable cable connections. By 2025,
it is anticipated that the electrical content in cars will weigh
half as much as the vehicle itself, which will increase the need
for reliable connectors. By 2025, it is anticipated that the
electrical content in cars will weigh half as much as the vehicle
itself, which will increase the need for reliable cable connectors.
The use of high-voltage connections in electric vehicles (EVs) that
can withstand voltages of up to 800V is an example of advancements.
Through the development of a strong and long-lasting value chain,
these advancements not only improve the performance and safety of
EVs but also boost the automobile industry's overall
profitability.
Cable Connector Market Regional Insights
China's cable connector market,
driven by its growing manufacturing sector, integration of advanced
technology, and huge consumer base has been the largest. The
well-established value chain with several local manufacturers
contributes to the low cost of manufacturing and increase in
profitability. The cable connector sales have been directly
proportional to the increase in the demand for electronic devices
with almost 60% of the Chinese population living in urban areas.
Additionally, Japan's Cable
connector market has observed a significant rise in cable connector
sales due to its high-tech industries leveraging innovations in
robotics and automotive technologies. The South Korean cable
connector market observes an approximate 6.5% increase in revenue
with its strong electronics and telecommunications sectors
supported by significant investments in 5G infrastructure.
Government initiatives like Make in India create several opportunities for the
India Cable Connector Market. In addition, the US Cable Connector
Market presents beneficial opportunities, particularly in the
fields of aerospace, defence, and telecommunications.
High-performance connections are essential for crucial applications
in the US aerospace industry, which produces over $300 billion yearly and ensures continued demand.
There are additional opportunities in the renewable energy sector,
where the need for wind and solar energy projects necessitates the
use of dependable connections for effective power transfer.
For detailed price trend analysis, Request for a Sample
Report:
https://www.stellarmr.com/report/req_sample/Cable-Connector-Market/46
Cable Connector Market Segmentation
By Product
- Coaxial Cable/Electronic Wire
- Fiber Optics Cable
- Power Cable
- Signal and Control Cable
- Telecom and Data Cable
By Type
- PCB Connectors
- Circular/Rectangular Connectors
- Fiber Optic Connectors
- IO Connectors
By Vertical
- IT & Telecommunication
- Automotive
- Aerospace & defense
- Consumer Electronics
- Industrial and Manufacturing
- Energy & Power
- Oil & Gas
Cable Connector Market Key Players include:
- Amphenol Corporation
- Molex Inc. (Koch Industries)
- Fujitsu Limited
- AVX Corporation
- AMETEK Inc.
- TE Connectivity Limited
- Others
Key questions answered in the Cable Connector
Market are:
- What is a cable connector?
- What is the current growth rate of the Cable Connector
market?
- Who are the key players in the Cable Connector Market?
- What are the factors affecting growth in the Cable Connector
Market?
- Who held the largest market share in the Cable Connector
Market?
- What is the demand pattern for the Cable Connector Market?
- What are the key trends in the Cable Connector Market?
- What are the growth prospects in developing countries for the
Cable Connector Market?
- Which segment is expected to witness the fastest growth and why
in the Cable Connector Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment |
2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities,
and Key Trends by Region
- Market Segmentation – A detailed analysis by Product, Type,
Vertical, and Region.
- Competitive Landscape – Profiles of selected key players by
region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers,
Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER's analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Stellar Market Research a leading Electronics research firm,
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Submarine Power Cable Market: The market size was valued
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and
consulting company with professionals from several industries. Some
industries we cover include medical devices, pharmaceutical
manufacturers, science and engineering, electronic components,
industrial equipment, technology and communication, cars and
automobiles, chemical products and substances, general merchandise,
beverages, personal care, and automated systems.
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SOURCE Stellar Market Research