Report Id: SNS/SEMI/2399 | July 2022 | Region: Global | 134 Pages
Report Scope & Overview:
The Cable Connector Market Size was valued at USD 81.28 billion in 2022, and expected to reach USD 148.24 billion by 2030, and grow at a CAGR of 7.8% over the forecast period 2023-2030.
Cable and connectors are important components used by many industries to transfer data and provide high-end connectivity between end points. Furthermore, cable and connectors are used in a variety of industries, including oil and gas, defence and aerospace, manufacturing, automotive, and IT and telecommunications, to ensure a reliable end-to-end connection.
MARKET DYNAMICS:
KEY DRIVERS:
Fixed broadband connection installation has increased over the years.
Increase in government initiatives to improve inter-country connectivity.
Different industries have increased their demand for higher bandwidth networks.
RESTRAINTS:
The HDMI cable manufacturing process is quite complex, and higher costs are incurred during the process.
OPPORTUNITIES:
Organisations are increasing their investments in defence and submarine cables.
Increase in the number of data centres around the world, as well as an increase in government initiatives to improve connectivity in developing economies' rural areas.
CHALLENGES:
The market's growth is hampered by the complex fault detection and error removal process.
Signal loss in the coaxial cable degrades data transmission quality.
IMPACT OF COVID-19:
According to the COVID 19 standard, manufacturers have been utilising edge-computing power connectors to improve the connection between the device and cloud storage. Sensitive data transmissions necessitate enhanced data protection protocols, which edge-computing connectors provide. The work-from-home trend has increased demand for these connectors, which are heavily used in data transmission by the industrial and IT sectors. On the other hand, the manufacturing of cable connectors in China has been halted throughout the pandemic, affecting the overall growth of the Cable Connector Market. Because China is the world's largest producer of consumer electronics and cable connectors. Some of the world's largest manufacturers of cable connectors, such as TE connectivity, have a presence in China. The prolonged lockdown caused by pandemics has had an impact on the cable connectors industry's production and logistics. On the other hand, retailers and distributors were also closed during the pandemic, which hampered the growth of the cable connector market.
Based on, the Cable Connector Market is segmented into Internal Cables and Connectors and External Cables and Connectors. A computer case contains internal connectors. Internally, there are two types of connectors socket connectors and power connectors. Based on, the Cable Connector Market is segmented into PCB Connectors, Fiber Optic Connectors, Circular/Rectangular Connectors and I/O Connectors. Based on, the Cable Connector Market is segmented into IT & Telecommunication, Commercial, Consumer Electronics, Energy & Power, Automotive, Aerospace & Defense, Industrial and Oil & Gas.
COMPETITIVE LANDSCAPE:
The key players in the cable connector market are Amphenol Corporation, Fujitsu Limited, AMETEK, HARTING Technology Group, Axon Cable SAS, Yazaki Corporation, Molex, AVX Corporation, TE Connectivity Limited, Huawei Technologies and Leoni AG.
MARKET SEGMENT:
BY PRODUCT TYPE
Internal Cables and Connectors
External Cables and Connectors
BY TYPE
PCB Connectors
Fiber Optic Connectors
Circular/Rectangular Connectors
I/O Connectors
BY VERTICAL
IT & Telecommunication
Commercial
Consumer Electronics
Energy & Power
Automotive
Aerospace & Defense
Industrial
Oil & Gas
REGIONAL ANALYSIS:
The growing number of internet users is having an effect on the overall growth of the cable connector industry. the Asia Pacific region will have more than 75 percent of internet users when compared to the global population. The growing number of internet users around the world is having a significant impact on the cable connector market demand. On the other hand, the Asia-Pacific region has seen rapid advancements in communication technologies in recent years. The Asia Pacific region's IT sectors have increased their investment and are facilitating industrial applications; these factors are presenting lucrative opportunities for the growth of the Asia-Pacific cable connector industry. Furthermore, the Japanese government recently approved the 'Rebirth of Japan' plan, which outlines protocols for strengthening the country's manufacturing sector. As a result, the plan anticipates an increase in industrial revenue of USD 0.5 billion by 2024. Such government initiatives are propelling the overall growth of the Cable Connector industry in the Asia-Pacific region.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 81.28 Billion |
Market Size by 2030 | US$ 148.24 Billion |
CAGR | CAGR of 7.8% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product Type (Internal Cables And Connectors, External Cables And Connectors) • By Type (PCB Connectors, Fiber Optic Connectors, Circular/Rectangular Connectors, I/O Connectors) • By Vertical (IT & Telecommunication, Commercial, Consumer Electronics, Energy & Power, Automotive, Aerospace & Defense, Industrial, Oil & Gas) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Amphenol Corporation, Fujitsu Limited, AMETEK, HARTING Technology Group, Axon Cable SAS, Yazaki Corporation, Molex, AVX Corporation, TE Connectivity Limited, Huawei Technologies and Leoni AG. |
Key Drivers | • Fixed broadband connection installation has increased over the years. • Increase in government initiatives to improve inter-country connectivity. |
RESTRAINTS | • The HDMI cable manufacturing process is quite complex, and higher costs are incurred during the process. |
Frequently Asked Questions (FAQ) :
The market value is expected to reach USD 127.6 billion by 2028.
The key players in the cable connector market are Amphenol Corporation, Fujitsu Limited, AMETEK, HARTING Technology Group, Axon Cable SAS, Yazaki Corporation, Molex, AVX Corporation, TE Connectivity Limited, Huawei Technologies and Leoni AG.
Fixed broadband connection installation has increased over the years, Increase in government initiatives to improve inter-country connectivity and Different industries have increased their demand for higher bandwidth networks.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Content:
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Cable Connector Market Segmentation, by solution Product type
8.1Introduction
8.2 Internal Cables and Connectors
8.3 External Cables and Connectors
9. Cable Connector Market Segmentation, by equipment type
9.1Introduction
9.2 PCB Connectors
9.3 Fiber Optic Connectors
9.4 Circular/Rectangular Connectors
9.5 I/O Connectors
10. Cable Connector Market Segmentation, by application
10.1 Introduction
10.2 IT & Telecommunication
10.3 Commercial
10.4 Consumer Electronics
10.5 Energy & Power
10.6 Automotive
10.7 Aerospace & Defense
10.8 Industrial
10.9 Oil & Gas
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12.Company Profiles
12.1 Fujitsu Limited
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Amphenol Corporation
12.3 AMETEK
12.4 HARTING Technology Group
12.5 Axon Cable SAS
12.6 Yazaki Corporation
12.7 Molex
12.8 AVX Corporation
12.9 TE Connectivity Limited
12.10 Huawei Technologies
12.11 Leoni AG
13.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14.Conclusion
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