Scope of the Study
Power connectors passes the current from source to devices. It carries either alternating current or direct current. The AC plugs differs in voltage according to the standards of the country and also design, size and current rating. Whereas, the DC connectors are not interchangeable. Power connectors comes in various shapes, sizes and abilities and can be used with different electronic devices and hence the users has to choose the compatible ones. Further, the power connectors are widely used in military, aerospace, consumer electronics and medical equipment. Since, it has wide range of applications the demand for power connectors is growing.
The market study is being classified by Type (IEC Connectors, US Connectors, AU/NZ Connectors, Schuko Connectors, UK Connectors and Others), by Application (Military, Aerospace, Medical Equipment and Consumer Electronics) and major geographies with country level break-up.
TE Connectivity (Switzerland), Molex (United States), Amphenol (United States), Foxconn (Taiwan), Samtec (United States), Hirose (Japan), Kyocera (Japan), Phoenix (United States), NBC (United States) and Bulgin (United Kingdom) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Guizhou Aerospace Electronics (China) and Tongda HengYe (China).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Power Connector market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Power Connector market by Type, Application and Region.
On the basis of geography, the market of Power Connector 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Usage of Consumer Electronics
- Rising Usage of Expensive and Voltage Sensitive Electronic Sub Systems
Market Trend
- Adoption of Wireless Technologies Such as Wi-Fi, Bluetooth May Lead to High Demand in Connectors
- Technological Advancements in Power Connectors Such as Compact and High Power
Opportunities
- Rising Disposable Income in Developing Economies
- Increasing Industrial Automation
Challenges
- Technological Advancements in Electronic Devices
Market Leaders and their expansionary development strategies
In August 2018, TE connectivity has acquired ABB’s entrelec terminal block business. This acquisition will help in offering more complete products to reduce complexity.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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