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Asia Pacific Connector Market Size

  • Report ID: GMI10998
  • Published Date: Aug 2024
  • Report Format: PDF

Asia Pacific Connector Market Size

Asia Pacific Connector Market was valued at USD 37.6 billion in 2023 is set to grow at a CAGR of over 4.5% from 2024 to 2032, due to the rising demand for high-speed data transmission across computers and peripherals. Connectors are electromechanical devices that link cables, wires, and hoses to enable the efficient flow of electricity, have seen significant advancements over the past decade. This growth has been largely driven by the increasing use of various networking devices.

 

The thriving telecommunications, computer networking, and automotive sectors have substantially boosted regional demand for connectors. The expanding use of consumer electronics devices, such as white goods and brown goods, is expected to significantly enhance market growth. Additionally, the increasing adoption of automation technology across various sectors, including industrial, automotive, and defence will further propel the market statistics.
 

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Asia Pacific market for connector was worth over USD 37.6 billion in 2023 and will record a CAGR of 4.5% from 2024 to 2032, driven by rising demand for high-speed data transmission across computers and peripherals.

PCB connectors segment will surpass USD 10 billion by 2032, because of escalating applications for consumer electronics devices.

China connector market is projected to surpass USD 29.5 billion by 2032, supported by technological advancements, expanding industries, and increased investments.

3M, AMETEK Inc., Amphenol Corporation, Aptiv PLC, AVX Corporation, Foxconn Technology Group, Hirose Electric Co., GTK UK Ltd., Japan Aviation Electronics Industry, Ltd., Luxshare Precision Industry Co., Ltd., Molex, Inc., Panasonic Corporation, Rosenberger Group, Sumitomo Electric Industries, Ltd., TE Connectivity, and YAZAKI Corporation.

Asia Pacific Connector Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 15
  • Countries covered: 5
  • Pages: 100
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