North America Underwater Connector Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

List of Tables

The underwater connector market in North America is expected to grow from US$ 399.35 million in 2022 to US$ 568.97 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2022 to 2028.

The use of advanced subsea systems for commercial and military applications is the major factor driving the North America underwater connector market. The deployment of subsea platforms and the rapid adoption rate of subsea equipment for applications such as submarine communication cables, oceanography, and deep-sea mining have driven the demand for underwater connectors. Rubber molding is one of the most cost-effective lines, and it has been utilized on various underwater instruments, including underwater lighting, communications, and remotely operated vehicles (ROVs). The rubber-molded connector is one of the advanced subsea systems easily adopted in military and oil & gas industries. In 2019, Hydro Group introduced a wide selection of underwater rubber molded connectors that can accommodate various sizes, combinations, and voltages, as well as features including robustness, ease of installation, and cost-effectiveness. Because of the rising need for subsea equipment and platforms in the military and telecommunications industries, market participants focus on boosting the production of rubber-molded underwater connectors for data transfer applications. Further, the demand for autonomous underwater vehicles (AUVs) is driving the underwater connector market. AUVs are deployed for underwater survey missions required in defense, commercial, and scientific research sectors. These vehicles require connectors that are water and corrosion-resistant, as they are majorly exposed to seawater. The implementation of underwater connectors in AUVs provides wireless power transfer, which is increasing their adoption in these vehicles. Thus, the increasing demand for advanced subsea systems for commercial and military applications is driving the underwater connector market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America underwater connector market. The North America underwater connector market is expected to grow at a good CAGR during the forecast period.

North America Underwater Connector Market Revenue and Forecast to 2028 (US$ Million)

North America Underwater Connector Market Segmentation

The North America underwater connector market is segmented into type, connection, application, and country.

Based on type, the North America underwater connector market is segmented into rubber-molded, inductive coupling, fluid-filled underwater mateable connector, and rigid-shell/bulk headed. The rubber-molded segment led the market in 2022.

In terms of connection, the North America underwater connector market is segmented into electrical, optical fiber, and hybrid. The electrical segment dominated the market in 2022.

Based on application, the underwater connector market is segmented into military & defense, oil & gas, telecommunications, oceanography, ROVs/AUVs, and others. The telecommunications segment held the largest share in 2022.

Based on country, the North America underwater connector market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2022.

Brins Automates LLC, Brins Inc., Fischer Connectors SA, Gisma Steckverbinder GmbH, Glenair, Hydro Group Plc., TE Connectivity, and Teledyne Marine are among the leading companies in the North America underwater connector market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America underwater connector market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America underwater connector market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the underwater connector market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Product Code: BMIRE00027175

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Underwater Connector Market Landscape

4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. North America Underwater Connector Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Surge in Oil & Gas Usage Across North America
- 5.1.2 Advanced Subsea System for Commercial and Military Applications
5.2 Market Restraints
- 5.2.1 Stringent Environmental Regulations
5.3 Market Opportunities
- 5.3.1 Growing Investment in New Technologies
5.4 Impact Analysis of Drivers and Restraints

6. Underwater Connector Market - North America Analysis

6.1 North America Underwater Connector Market Overview
6.2 North America Underwater Connector Market Forecast and Analysis

7. North America Underwater Connector Market Analysis - By Type

7.1 Overview
7.2 North America Underwater Connector Market, by Type (2021 and 2028)
7.3 Rubber-Molded
- 7.3.1 Overview
- 7.3.2 Rubber-Molded: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Inductive Coupling
- 7.4.1 Overview
- 7.4.2 Inductive Coupling: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Fluid-Filled Underwater Mateable Connector
- 7.5.1 Overview
- 7.5.2 Fluid-Filled Underwater Mateable Connector: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Rigid-Shell/Bulk Headed
- 7.6.1 Overview
- 7.6.2 Rigid-Shell/Bulk Headed: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)

8. North America Underwater Connector Market - By Connection

8.1 Overview
8.2 North America Underwater Connector Market, by Connection (2021 and 2028)
8.3 Electrical
- 8.3.1 Overview
- 8.3.2 Electrical: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Optical Fiber
- 8.4.1 Overview
- 8.4.2 Optical Fiber: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Hybrid
- 8.5.1 Overview
- 8.5.2 Hybrid: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)

9. North America Underwater Connector Market - By Application

9.1 Overview
9.2 North America Underwater Connector Market, by Application (2021 and 2028)
9.3 Military & Defense
- 9.3.1 Overview
- 9.3.2 Military & Defense: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Oil & Gas
- 9.4.1 Overview
- 9.4.2 Oil & Gas: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Telecommunications
- 9.5.1 Overview
- 9.5.2 Telecommunications: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Oceanography
- 9.6.1 Overview
- 9.6.2 Oceanography: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
9.7 ROVs/AUVs
- 9.7.1 Overview
- 9.7.2 ROVs/AUVs: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
9.8 Others
- 9.8.1 Overview
- 9.8.2 Others: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)

10. North America Underwater Connector Market - Country Analysis

10.1 Overview
- 10.1.1 North America: Underwater Connector Market, by Key Country
  - 10.1.1.1 US: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.1.1 US: Underwater Connector Market, by Type
    - 10.1.1.1.2 US: Underwater Connector Market, by Connection
    - 10.1.1.1.3 US: Underwater Connector Market, by Application
  - 10.1.1.2 Canada: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.2.1 Canada: Underwater Connector Market, by Type
    - 10.1.1.2.2 Canada: Underwater Connector Market, by Connection
    - 10.1.1.2.3 Canada: Underwater Connector Market, by Application
  - 10.1.1.3 Mexico: Underwater Connector Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.3.1 Mexico: Underwater Connector Market, by Type
    - 10.1.1.3.2 Mexico: Underwater Connector Market, by Connection
    - 10.1.1.3.3 Mexico: Underwater Connector Market, by Application

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles

12.1 BIRNS Aquamate LLC
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 BIRNS, Inc.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Glenair, Inc.
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Fischer Connectors SA
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 GISMA Steckverbinder GmbH
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Hydro Group
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 TE Connectivity Corporation
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Teledyne Marine
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index