Home > Energy & Power > Wire and Cable > Power Cable > Asia Pacific Connector Market

Asia Pacific Connector Market Trends

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

Download Free Sample

Asia Pacific Connector Market Trends

The increasing adoption of wireless connectivity, combined with consumer demand for reliability and durability across various industries, is expected to drive industry dynamics. Sectors such as aerospace, defence, and automotive prioritize reliability and durability. Consequently, connectors designed for harsh environments—with features like dust and moisture sealing, high temperature resistance, and rugged construction—are in high demand, thus boosting market growth.

The connector industry has embraced advanced materials to enhance performance. Fiber optics, known for their high bandwidth capabilities, have become increasingly popular. Materials with superior thermal conductivity are now used in high-power applications to effectively manage heat dissipation. Additionally, the shift towards automation, including the adoption of advanced robotics in manufacturing processes, has led to improved productivity, reduced costs, and increased efficiency.

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.