Global Circular Connectors Market Growth 2023-2029

Global Circular Connectors Market Growth 2023-2029

Product Code:450844

Published Date: Feb 08,2023

Pages: 114

Region: Global

Category: Machinery & Equipment

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Circular Connector applies to any electrical connector possessing multipin interconnects with cylindrical contact housings and circular contact interface geometries. Circular connectors are selected for ease of engagement and disengagement, their ability to conveniently house different types of contacts, their wide range of allowable contact voltages and currents, their ease of environmental sealing and their rugged mechanical performance. The primary disadvantage of the circular design is loss of panel space when used in arrays when compared to rectangular connectors.

Circular connectors are prized because of their durability. Many circular connectors have either threaded components on the ends or lock in other ways that prevent them from being forcibly pulled out of their socket when they are connected. This makes them ideal solutions for situations where force may be applied to the cable that they terminate or where the environment may be one where it's likely that some sort of contaminant could be introduced into an open connection.

LPI (LP Information)' newest research report, the “Circular Connectors Industry Forecast” looks at past sales and reviews total world Circular Connectors sales in 2022, providing a comprehensive analysis by region and market sector of projected Circular Connectors sales for 2023 through 2029. With Circular Connectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Circular Connectors industry.

This Insight Report provides a comprehensive analysis of the global Circular Connectors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Circular Connectors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Circular Connectors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Circular Connectors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Circular Connectors.

The global Circular Connectors market size is projected to grow from US$ 4274.9 million in 2022 to US$ 5372.8 million in 2029; it is expected to grow at a CAGR of 5372.8 from 2023 to 2029.

The top three global manufacturers of circular connectors are TE Connectivity, Amphenol and ITT, with a combined market share of 21 per cent.

This report presents a comprehensive overview, market shares, and growth opportunities of Circular Connectors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Hybrid Connectors
    Signal Connectors
    Data Connectors
    Power Connectors

Segmentation by application
    Military
    Transportation
    Industrial
    Residential
    Medical

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    TE Connectivity
    Amphenol
    ITT
    Molex
    JAE Electronics
    Omron
    Lemo
    Hirose
    Jonhon
    Souriau
    Binder Group
    Belden
    Phoenix Contact
    CUI
    Deren

Key Questions Addressed in this Report
What is the 10-year outlook for the global Circular Connectors market?
What factors are driving Circular Connectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Circular Connectors market opportunities vary by end market size?
How does Circular Connectors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?