PUBLISHER: Lucintel | PRODUCT CODE: 1386497
PUBLISHER: Lucintel | PRODUCT CODE: 1386497
Wire-to-Board Connector Market Trends and Forecast
The future of the global wire-to-board connector market looks promising with opportunities in the computer and peripherals, medical, industrial and instrumentation, data/telecom, automotive, and aerospace and defense markets. The global wire-to-board connector market is expected to reach an estimated $6.8 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are expanding internet usage and data traffic, increase in the popularity of smartphones and other connected devices, and widespread usage of cloud computing acroos the globe.
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Wire-to-Board Connector Market by Segment
The study includes a forecast for the global wire-to-board connector market by pitch size, style, application, and region.
Wire-to-Board Connector Market by Pitch Size [Shipment Analysis by Value from 2018 to 2030]:
Wire-to-Board Connector Market by Style [Shipment Analysis by Value from 2018 to 2030]:
Wire-to-Board Connector Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Wire-to-Board Connector Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Wire-to-Board Connector Market Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wire-to-board connector market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wire-to-board connector market companies profiled in this report include-
Wire-to-Board Connector Market Market Insights
Lucintel forecasts that accessory will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period because of expanding consumer electronics market, coupled with the growing adoption of these electronics across various industries, and enhancement of productivity and efficiency across the entire production process and supply chain over time.
Features of the Global Wire-to-Board Connector Market
Market Size Estimates: Wire-to-board connector size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wire-to-board connector size by pitch size, style, application, and region in terms of value ($B).
Regional Analysis: Wire-to-board connector breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different pitch size, style, application, and regions for the wire-to-board connectors.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wire-to-board connectors.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the wire-to-board connector market size?
Answer: The global wire-to-board connector market is expected to reach an estimated $6.8 billion by 2030.
Q.2 What is the growth forecast for wire-to-board connectors?
Answer: The global wire-to-board connector market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the wire-to-board connectors?
Answer: The major drivers for this market are expanding internet usage and data traffic, increase in the popularity of smartphones and other connected devices, and widespread usage of cloud computing acroos the globe.
Q4. What are the major segments for wire-to-board connectors?
Answer: The future of the global wire-to-board connector market looks promising with opportunities in the computer and peripherals, medical, industrial and instrumentation, data/telecom, automotive, and aerospace and defense markets.
Q5. Who are the key Wire-to-Board Connector Market companies?
Answer: Some of the key wire-to-board connector market companies are as follows:
Q6. Which wire-to-board connector market segment will be the largest in future?
Answer: Lucintel forecasts that accessory will remain the largest segment over the forecast period.
Q7. In wire-to-board connectors, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period because of expanding consumer electronics market, coupled with the growing adoption of these electronics across various industries, and enhancement of productivity and efficiency across the entire production process and supply chain over time.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.