Market Research Report
Global Wire-to-Board Connector Market Share - Segmented by End-user Industry (Consumer Electronics, IT and Telecommunication and IT and Telecommunication ) and Region - Growth, Trends, and Forecast (2018 - 2023)
|Published by||Mordor Intelligence LLP||Product code||708620|
|Published||Content info||110 Pages
Delivery time: 1-2 business days
|Global Wire-to-Board Connector Market Share - Segmented by End-user Industry (Consumer Electronics, IT and Telecommunication and IT and Telecommunication ) and Region - Growth, Trends, and Forecast (2018 - 2023)|
|Published: September 1, 2018||Content info: 110 Pages||
The global wire-to-board connector market is expected to register a CAGR of over 4.65%, during the forecast period 2018 - 2023. The report profiles the application of wire-to-board connectors in the consumer electronics segment for various industries.
Wire-to-Board connector system addresses the needs of the fast-changing electronics industry by providing a single system with different mating and voltage configurations. This allows the manufacturers to design various models around a single connector type and footprint pattern. The wire-to-board connector design varies from miniature to heavy-duty industrial connectors and also gratifies the economical requirements of the consumers. This simplifies the issues related to maintenance, manufacturing, and repair where it can easily replace specific, affected subsystems, thereby reducing machine downtimes.
Major trends influencing today's consumer electronics market revolves across size, form, and choice of material used for various type of applications, product miniaturization, ease of use, diminishing carbon footprints, and wireless data access converge. Advancement in new technologies is expected to drive the advances in applications such as True HD TVs based on LED/OLED backlight displays, roll-able printed electronics, flash memory, touchscreen technology, or data streaming as a replacement for traditional media, such as CD or DVD.
Computing, Consumer, and Communication (3C) are the main drivers in the consumer electronics industry, characterized by strong convergence and driven by a consumer demand for functional integration, that allows manufacturers to penetrate into new or existing market segments.
Asia-Pacific is Expected to Occupy Largest Share in Wire-to-Board Connector Market
The market and applications for Wire-to-Board connectors continue to evolve across different segment of Asia-Pacific region. The rising growth of the consumer electronics market along with the increasing end-user applications across the various industry will gradually improve the productivity and efficiencies in the production process, throughout the supply chain. With the rise in industry 4.0, there is a growing demand for IIoT across various end-user industry across the region during the forecast period.
Some of the major manufacturers across the China region are Foxconn, TE Connectivity, Flextronics Benchmark Electronics, Celestica, Hampoo. Jabil, Wistron, USI, and Plexus.
The report on the Wire-to-Board Connector Market offers the latest trends, growth prospects, industry competitiveness, major players, value/supply chain, regional market share, and forecast until 2023.
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