Market Research Report
Global Circular Connectors Market - 2021-2028
|Global Circular Connectors Market - 2021-2028|
Published: January 7, 2022
Content info: 180 Pages
Delivery time: 2 business days
The Global "Circular Connectors Market" is expected to reach at a high CAGR of XX% during the forecast period (2021-2028).
A circular connector is a multi-pin electrical connector in a cylindrical shape and has contacts for powering electrical devices, transmitting data and transmitting electrical signals. It has a circular interface and enclosure that allows it to join and disconnect signal, power and optical circuits quickly and easily without coupling equipment like torque wrenches. Circular connectors are designed for tough performance in harsh environments and are widely used for industrial applications, including aircraft, broadcast, defense and security, electronics, energy, instrumentation, medical and transportation.
The ability to withstand a harsh environment while offering robust and secure connections is expected to drive the circular connectors market. However, substitutes such as rectangular face connectors restrain the circular connectors market.
The ability to withstand a harsh environment while offering robust and secure connection is expected to drive the circular connectors market
A circular connector comprises contacts, insert and shell. The contacts are usually encased in a composite or metal shell and embedded in insulating material to keep the contacts aligned. Moreover, the insert is another insulating body inside the shell. It is utilized to orientate the electrical connections. Each insert is manufactured to support given types or sizes of contacts. Further, the inserts have a contact arrangement that allows them to accommodate as many conductors as are available contact slots. Therefore, circular connectors are designed for tough performance in harsh environments and are widely used for industrial applications, including aircraft, broadcast, defense and security, electronics, energy, instrumentation, medical and transportation.
In October 2021, Binder, a UK-based company, launched the 718 product series with new field-wearable, over-molded M8 circular cable connectors designed for sensor and actuator applications installations. The products meet the IP65 protection degree requirements when mated. In addition, contacts are gold-plated brass for males and bronze for female contacts, allowing over 50 mating cycles. Therefore, they are particularly easy to handle, with high use efficiency.
The availability of substitutes such as rectangular face connectors are restraining the circular connectors market
The circular surface area of the circular connector limits the number of pins and sockets that may be arranged on the surface. In contrast, the rectangular face connector can install more contacts with bigger and more consistent spacing on a smaller surface area. In addition, when connectors are utilized in arrays, a significant amount of panel area is lost since the side-by-side arrangement necessitates additional accessible space to twist and lock the connectors in place. The loss of panel space has a detrimental impact on the circular connector market, as the automotive sector demands maximum performance with the least amount of space.
Moreover, new spring-enabled technology has been developed to solve the problem. The approach combines the excellent reliability of hyperboloid technology with the mechanical advantages of a spring-loaded contact to produce a connector with increased capability and reliability.
Globally, digital technologies are being widely used to support the public-health response to COVID-19, including case identification, contact tracing, population surveillance and intervention evaluation based on mobility data and public communication. The quick reactions take advantage of millions of mobile phones, massive web datasets, networked devices, low-cost computing resources and breakthroughs in machine learning and natural language processing.
Based on type, the global circular connectors market is segmented into circular plastic connectors (CPC) and circular metal-shell connectors (CMC).
Circular metal-shell connectors (CMC) and circular plastic connectors (CPC) are designed by an OEM where the receptacle and plug are generally configured to mate exclusively with their connectors. CMCs are utilized in industrial applications that require a strong and secure wire connection, which are built to withstand harsh environments while offering a secure connection for industrial applications.
In September 2021, Dinkle Global launched its circular connection portfolio, giving dependable connectivity choices to enable greater equipment output, even in the most difficult conditions. The connectors' nickel-plated die-cast fittings provide a firm mechanical connection. In addition, its copper alloy gold-plated contacts for conductors and grounding pins provide stable electrical connectivity.
The global circular connectors market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa based on geography.
The Asia-Pacific market is expected to witness huge growth due to the growing demand for connectors in computers, communications, and consumer electronics data transmission and signal in several industries, including automotive, electrical & electronics, aviation, and medical.
Moreover, Asia-Pacific is experiencing huge growth in the aviation industry due to increasing air passenger traffic, flight safety concerns and maintenance cost reduction needs, strengthening the demand for micro-miniature circular connectors.
The global circular connectors market is slightly fragmented and moderately competitive with several end-use industries such as automotive and electrical & electronics companies, resulting in good investment by multinational and local companies, contributing to the major share in the market growth. In addition, major players contributing to the market's growth are Amphenol Corporation, TE Connectivity Corporation, Molex Incorporated, Delphi Automotive LLP, Phoenix Contact GmbH & Co. KG, Franz Binder GmbH & Co, ITT Inc, Japan Aviation Electronics Industry, Ltd., Dinkle Global, Binder and others.
In addition, the companies are adopting growth strategies such as expansions, acquisitions, product launches and collaborations, contributing to the market growth globally.
Overview: Amphenol Corporation is a U.S.-based company specialized in manufacturing electronic and fiber-optic cable, connectors and interconnect systems such as coaxial cables. The company is headquartered in Wallingford, Connecticut, U.S. Moreover, the company serves its products in diverse electronics markets, including military aerospace, automotive, information technology (IT), broadband, wireless infrastructure, medical and others.
Product Portfolio: Amphenol Corporation offers 1.0/2.3 connector series with a compact design that permits dense connector packing for applications where space savings are critical. The Amphenol 1.0/2.3 coaxial connectors operate from DC-10 GHz.
In May 2021, Amphenol Corporation launched the DuraMate AHDM circular metal-shell connector series that are multi-pin and insulated. They provide an economic quick-connect bayonet locking system manufactured to withstand harsh environment off-road applications.
Visualize the composition of the global circular connectors market segmentation by type, product type, connector gender, application, end-user and region, highlighting the key commercial assets and players.
Identify commercial opportunities in the global circular connectors market by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the global circular connectors market - level 4/5 segmentation.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the key product of all major market players
The global circular connectors market report would provide access to an approx. 77 market data table, 75 figures and 180 pages.
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