About MIL Connectors
MIL Connectors also called as a circular connector, Military Standard Connector, MIL-STD Connector. It is used for joining electrical terminals to create an electric circuit. There is various type of MIL Connectors such as 1.27mm Pitch MIL connectors, 2.00mm Pitch MIL connectors, 2.54mm Pitch MIL connectors, and others. Rising Demand in Pc’s and medical equipment will help to boost global MIL connectors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Chinese Manufacturers will contribute the maximum growth to Global MIL Connectors market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TE (Switzerland), Molex (United States), Yuliang Electronics (Hong Cong), LDZY (China), Harwin (United Kingdom), Glenair, Inc. (United States), Cankemeng Industrial (Taiwan), Yuxi Electronic (China), Connfly (China) and TXGA (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Diamond USA Inc. (United States), Jin Yicheng Electronic (Taiwan) and Kangrui Electronics (China).
Segmentation Overview
AMA Research has segmented the market of Global MIL Connectors market by Type (1.27mm Pitch, 2.00mm Pitch, 2.54mm Pitch and Others), Application (PCs, Business Equipment, Medical Equipment, Industrial Controls, PV Inverter Application and Others) and Region.
On the basis of geography, the market of MIL 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the MIL Connectors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand due to Design Improvements and Rising dependency on Personal Computers
Market Growth Drivers:
Rising Demand in Medical Equipment, Upsurging Popularity Due to Protect Connections from Environmental Threats and Increasing Dependency Due to Major Use in Military Applications
Restraints:
Threats of Substitutes
Market Leaders and their expansionary development strategies
In October 2023, Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has launched of its MIL-STD-1553 connectors engineered to meet the stringent requirements of high-stakes military communications, avionics and data bus systems.
In March 2022, CUI Devices’ Interconnect Group announced the addition of circular connectors to its connectors product portfolio. Available in M12 connector types, CUI Devices’ CDM12 family offers a range of male or female versions with contact position options of 3, 4, 5, 8, and 12 pins. As A-coded devices that support 1 Gbit Ethernet, all M12 connector models carry IP67 ratings to deal with harsh environments found in industrial and factory automation applications.
Key Target Audience
MIL Connector Manufactures, MIL Connector Suppliers/ Distributors, Industry Association Related to MIL Connectors, Industry Associations Related to Chiral HPLC Column, Government Regulatory Bodies, Private and Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.