Card Connector Market – Overview
Increased use of various kinds of connectors due to rising use of electronic devices of various kinds. Market Research Future which concentrates on market reports associated to the electronics and semiconductors sector amongst others lately made available a report on this industry. The sector is expected to expand with an incremental rate of CAGR per cent in the forecast period with record breaking levels of revenues achieved in the forecast period.
The Card Connector Market is expected to attract high level of gains due to rising level of automation in the industrial sector. Rising investment levels especially towards the research and development sector in particular have improved the scope of growth for the industry. The lucrativeness of the market has increased the competitors in the sector considerably. Growth in the demand for electronics have been instrumental for fuelling the growth of the card connector market.
The key players in the global card connector system market include- TE Connectivity Ltd (Switzerland), Molex Incorporated (U.S.), The 3M Company (U.S.), Amphenol Corporation (U.S.), Cinch Connectivity Solutions (U.S.), Vishay Intertechnology, Inc. (U.S.), HARTING Technology Group (Germany), Yamaichi Electronics Co., Ltd. (Japan), Hirose Electric Co., Ltd. (Japan), AVX Corporation (U.S.), CW Industries(U.S.), Kycon, Inc. (U.S.), Eaton Corporation Plc (Republic of Ireland) and CW Industries(U.S.) among others.
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Regionally, North-America accounted for the largest market share from countries such U.S. among others. The reason is attributed to the increasing investments for these technological solutions, adoption of these card connector solutions by various domains and low operational cost.
However, Asia-Pacific region is expected to grow over the forecast period, 2018-2023. The reason is attributed to presence of large number of electronic manufacturers, growing demand for high end technology and the increasing adoption of these solutions by electrical equipment sectors.
The industry for card connector market has been has segmented into the category of application, type and region respective.
- By Application: Consumer Durables, Mechanical Appliances, Electrical Equipment, Electronic Appliances and Others
- By Type: PC Card, Memory Card, SIM Card and Others
- By Region: Asia-Pacific, North-America, Europe and RoW
On the basis of region, the market is divided into areas such as Europe, North America, Asia Paci the North-American market is responsible for the main market portion from nations such as the U.S. among others. The cause attributed to the growing investments for these technological solutions, approval of these card connector solutions by various domains and the low operational cost. Nevertheless, the Asia-Pacific region is anticipated to develop over the forecast period from 2017 to 2023. The key reason attributed to this growth is the presence of a huge number of electronic manufacturers, rising demand for high end technology and the growing adoption of these solutions by electrical equipment sectors.
July 2017 A Bel Group Company, Cinch Connectivity Solutions, has announced the expansion of its 2.92mm precision connector product line and is also offering new End Launch versions with the quality and performance required to move into the millimeter wave spectrum from 40 GHz. The precision 2.92mm connectors which are also known as SMK connectors, are intended to meet the high performance required for 5G wireless applications up to the extent 40GHz. The product expansion comprises Cinch’s first ever 2.92mm End Launch solutions which are existing in both jack and plug formats, along with new 4-hole and 2-hole flange receptacles. With a little VSWR of 1.25 at 40 GHz, these connectors are ideally suited for instrumentation and test, high speed digital and satellite/ wireless communication applications and semiconductor test boards.
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- Device manufacturers
- Network Operators
- Research firms
- Software Developers
- Commercial Banks
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
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