Global Connector Backplane Market Overview:
Connector Backplane is an electrical connector that joins several electrical circuits together. These electrical connectors parallel to each other with each pin of each connector connected to the same mating pins of all other connectors, forming a computer bus. It is used as a backbone for connecting several printed circuit boards together to form a complete printed system. Backplanes typically use printed circuit boards, but wire-wrapped backplanes have also been used in minicomputers and highly reliable applications.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Increasing Consumption of Electronic Devices
- Provides Greater Reliability
Roadblocks
- Limited Service Life of Connector Backplane
Opportunities
- Growing Use of Connector Backplane for Processor and Expansion Cards
- Ease of Availability
Challenges
- Intense Competition Among Player
Competitive Landscape:
In Connector Backplane Market, it has been observed that most of the companies are upgrading or introducing innovative services. They rely on strategies such as mergers & acquisition, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Some of the key players profiled in the report are Amphenol-FCI (United States), Molex (United States), TE Connectivity (Switzerland), AVX Corporation (United States), Pentair Technical Solutions (United States), Hirose Electric Group (Japan), 3M Company (United States)Sanmina, Sanmina Corporation (United States)Sanmina Corporation, Smiths Interconnect (United States)Sanmina, Hartmann Electronic GmbH (Germany), Nextronics Engineering Group (Taiwan), AVIC JONHON OPTRONIC TECHNOLOGY CO., LTD (China), ERNI Electronics (Germany), TTI, Inc. (United States), Tyco International plc (Ireland), AbelConn Electronics (United States) and Sichuan Huafeng Enterprise Group Co Ltd (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Connector Backplane market by 2027. Considering Market by Product Type, the sub-segment i.e. Active Connector Backplanes will boost the Connector Backplane market. Considering Market by Component, the sub-segment i.e. Plug will boost the Connector Backplane market.
Latest Market Insights:
On 8 December 2021, Molex, a global electronics leader and connectivity innovator, has acquired core technology and intellectual property (IP) from Keyssa Inc., a pioneer in high-speed contactless connectors. The acquisition of this unique wireless chip-to-chip technology, including over 350 filed patent applications, will accelerate Molex’s strategy to further expand and diversify its micro connector portfolio with highly flexible, cable-free connectors for near-field, device-to-device applications.
What Can be Explored with the Connector Backplane Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Connector Backplane Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Connector Backplane
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Connector Backplane market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Connector Backplane market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Connector Backplane Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.