Global Rectangular Connectors Market Overview:
Rectangular connector is an electro-mechanical device which creates an electric circuit by joining electrical terminals. Such connectors are dominating the factory automation processes, power generation and transportation by providing an alternative to the circular connectors. The growing deployments of rectangular connectors are due to their ability to provide cost-effective solutions, flexibility in design and ease of handling. Owing to increasing demand from various end-users industries such as automotive, transportation, electronic, automotive, industrial and telecom are expected to further bolster the very market. Some of the key players profiled in the study are TE [Switzerland], Molex [United States], Amphenol [United States], Harting [Germany], JAE [Japan], Smiths Interconnect [United States], Hirose Electric [Japan], ITT [United States], Fujitsu [Japan] and Phoenix Contact [Germany].
On the basis of geography, the market of Rectangular Connectors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. If we see Market by End Users, the sub-segment i.e. Automotive will boost the Rectangular Connectors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for High Performance and Reliable Electronics Across Industry Verticals
- Shift towards Miniaturization of Electronic Devices
- Rising Demand for High Speed and High Power Connectors
- Growing Focus on Production of Compact or Thinner Connectors
- Issues Related with Durability and Reliability of Rectangular Connectors
- Availability of Alternative Connectors with Enhanced Reliability
- Growing Market for Lightweight and Luxury Vehicles
- Rise in Application of Rectangular Connectors (in the form of embedded electronic) in Medical Equipment and Implant
- Fluctuation in Raw Materials Prices
- Growing Market for Non-certified Connectors
Target Audience:Rectangular Connectors Manufacturers, Distributors/Suppliers, Potential Investors, Research Institutes, Government Agencies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Rectangular Connectors market on the basis of product [Metal Rectangular Connectors, Plastic Rectangular Connectors, Ceramic Rectangular Connectors and Others] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Rectangular Connectors market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Rectangular Connectors industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Delphi Technologies [United Kingdom], Hon Hai Precision Industry Co., Ltd. [Taiwan], Volex Group [United Kingdom], Japan Aviation Electronics Industry, Ltd. [Japan] and Hirose Electric Group [Japan].
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Rectangular Connectors market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.