Worldwide High Speed Connector Industry to 2027 - Rising Developments in Network Services 5G Network Presents Opportunities

DUBLIN, March 18, 2021 /PRNewswire/ -- The "High Speed Connector Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product and Application" report has been added to ResearchAndMarkets.com's offering.

According to this report the global high speed connector market was valued at US$ 3,037.65 million in 2019 and is projected to reach US$ 5,658.42 million by 2027; it is expected to grow at a CAGR of 8.3% from 2020 to 2027.

High-speed connectors have huge potential in the 5G computing and networking market as the technology is getting used for a wide range of products, such as 5G computing and networking modems and 5G Antenna. The rising adoption of 5G in developed and developing countries is improving internet services and boosting the demand for supporting devices. Significant growth of the 5G-based devices market is increasing the demand for 5G supporting high speed connector. According to Cisco, 5G would offer 13 times higher speed than average mobile connection and help the internet service market grow. AT&T, a telecommunication brand in North America, is already offering 5G services across 21 cities in the US and would soon provide service for the whole country. Rising developments in internet services, such as 5G, 4G, VoLTE, and LTE, are creating an opportunity for the high speed connector market to grow in the coming years.

The high speed connector is getting adopted in the 5G supporting smartphones, high speed RF, and wireless devices. Advanced technology offers various benefits such as enhanced performance, compact size, and assured reliability with low cost. Market players are offering advanced solutions for improved speed and performance. Companies are developing connectors specifically for 5G infrastructure. For instance, Amphenol offers SV Microwave connectors, TE Connectivity offers ERFV coax connectors, Samtec offers Precision RF Connectors, and Molex offers the 2.2-5 form-factor RF connector. Such thrive to deliver the improved connectors compatible for 5G infrastructure is creating a lucrative opportunity for the market to grow.

The high speed connector market is segmented on the basis of product, application, and geography. Based on product, the market is segmented into board-to-cable, board-to-board, and others. The board-to-board segment represented the largest share of the overall market during the forecast period. Based on application, the market is segmented into communication, automotive, aerospace & defense, energy & power, electronics, and others. In 2019, the aerospace & defense segment accounted for a substantial market share. Geographically, North America held the largest share of the high speed connector market in 2019, followed by Asia Pacific and Europe. Further, the market in Asia Pacific is projected to grow the highest rate during the forecast period.

Impact of COVID-19 Pandemic on High Speed Connector Market

The emergence of COVID-19 crisis is creating enormous disruptions across various industries, such as electronics and semiconductors. Every phase of the business model - such as manufacturing, capital expenditures, R&D, demand, supply chain, production decisions, and mergers and acquisitions (M&A) - is witnessing drastic change. Over the past several months, the COVID-19 outbreak had severely challenged the electronics and manufacturers in strategy making. The disruptions in the supply of raw material, temporary closure of manufacturing units, limited funding, and weak demand from the customers have adversely affected the electronics and semiconductor manufacturing.

According to Electronic Components Industry Association (ECIA), the emergence of COVID-19 has highlighted delay in product releases, disruption in supply chain events, and other industry activities. Several manufacturers have temporarily halted the manufacturing units owing to lesser demand for the products as a result of lockdown measures and limited manufacturing resources. Additionally, the manufacturers of various electronic and semiconductor products including connectors are experiencing substantial delay in lead times, which is hindering the supply chain. All these factors are restraining the growth of the high speed connector market.

SAMTEC, Inc.; Molex, LLC; TE Connectivity Ltd.; Hirose Electric Co., Ltd.; Yamaichi Electronics Co., Ltd.; Neoconix, Inc.; Fujitsu Limited; OMRON Corporation; IMS Connector Systems GmbH; and OUPIIN ENTERPRISE CO., LTD are among the major companies operating in the high speed connector market.

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global high speed connector market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the global high speed connector market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered:

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. High Speed Connector Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia-Pacific PEST Analysis
4.2.4 Middle East and Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis

5. High Speed Connector Market Key Market Dynamics
5.1 Market Drivers
5.1.1 Accentuation in Networking and Communication Sector
5.1.2 Increasing Electronics and Infotainment Systems in Automotive Sector
5.2 Key Market Restraints
5.2.1 High Cost of Connectors and Technical Challenges
5.3 Key Market Opportunities
5.3.1 Rising Developments in Network Services 5G Network
5.4 Future Trends
5.4.1 Miniaturized, Waterproof, and Flexible High-Speed Connector
5.5 Impact Analysis of Drivers and Restraints

6. High Speed Connectors Global Market Analysis
6.1 Overview
6.2 High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning Global Market Players Ranking

7. High Speed Connector Market Analysis, by Product
7.1 Overview
7.2 High Speed Connector Market, By Product (2019 and 2027)
7.3 Board-to-Cable
7.3.1 Overview
7.3.2 Board-to-Cable: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
7.4 Board-to-Board
7.4.1 Overview
7.4.2 Board-to-Board: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)

8. High Speed Connector Market, by Application
8.1 Overview
8.2 High Speed Connector Market, by Application (2019 and 2027)
8.3 Communication
8.3.1 Overview
8.3.2 Communication: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.5 Aerospace & Defense
8.5.1 Overview
8.5.2 Aerospace & Defense: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.6 Energy & Power
8.6.1 Overview
8.6.2 Energy & Power: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.7 Electronics
8.7.1 Overview
8.7.2 Electronics: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)

9. High Speed Connector Market Geographic Analysis
9.1 Overview
9.2 North America: High Speed Connector Market
9.3 Europe: High Speed Connector Market
9.4 APAC: High Speed Connector Market
9.5 MEA: High Speed Connector Market
9.6 South America: High Speed Connector Market

10. Impact of COVID-19 Pandemic
10.1 Impact of COVID-19 Pandemic on Global High Speed Connector Market
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
10.1.2 Europe: Impact Assessment of COVID-19 Pandemic
10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.1.5 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles
12.1 SAMTEC, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Molex, LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 TE Connectivity Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hirose Electric Co., Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Yamaichi Electronics Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Neoconix, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Fujitsu Limited
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 OMRON Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 IMS Connector Systems GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 OUPIIN ENTERPRISE CO.,LTD
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

For more information about this report visit https://www.researchandmarkets.com/r/adgsel

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