Global Cable Connectors and Adapters Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Cable Connectors and Adapters Market” report generated by MarketResearch.biz is based on a thorough study of the global market and was researched exhaustively in order to ascertain every aspect in the target market and enable a confident presentation of all findings. The global cable connectors and adapters market report has been segmented on the basis of installation type, product type, material, application, and region.
Global Cable Connectors and Adapters Market: Overview
A connector is the part of a cable that plugs into ports or interfaces, and is used to connect electronic devices to one-another. An adaptor is a specific device used for connecting different pieces of electrical or electronic equipment together, or for connecting electrical equipment to a power supply or source.
Growing demand for high bandwidth in telecommunication and IT industries as well as increasing number of datacenters in developed and developing countries are primary factors expected to propel global market growth. In addition, growth in automotive equipment manufacturing as well as industrial automation, and enhanced in-vehicle infotainment systems are among other factors projected to propel global market growth.
Increasing consumer preference and adoption of smartphones, laptops, tablets, and other personal devices has been resulting in a reducing need for cables, connectors, and adapters. Extensive use of wireless technology and devices owing to high speed data transmission advantages among consumers across the globe is a major factor that could hamper market growth.
However, increasing technological advancements and large-scale production of fiber optics is expected to create high potential growth opportunities for players operating in the target market in the near future.
By Installation Type:
Among the type segments, the external segment is expected to account a major share in terms of revenue, and is projected to maintain a dominant position in the global market over the forecast period.
Among the product type segments, the USB segment is expected to be the dominant segment as compared to other segments over the forecast period. The Cat5/Cat6 product type segment is projected to register a higher CAGR in terms of revenue over the forecast period.
Among the material segments, the fiber optics segment is expected to account for a higher revenue share owing to increasing demand for higher bandwidth solutions.
Among the application segments, the computer and computer peripherals segment is expected to contribute major revenue to the global market over the forecast period.
Global Cable Connectors and Adapters Market: Region Analysis
Asia Pacific cable connectors and adapters market is expected to account for a major share in terms of revenue contribution to the global market over the forecast period. Adoption of consumer goods such as smartphone devices, set-top boxes, HD TVs, entertainment systems, and computers and laptops owing to increasing digitalization trend in countries such as India and China has been rising rapidly. This in turn is expected to drive growth of cable connectors and adapters market in countries in the region.
North America market is projected to register a substantial revenue growth rate over the forecast period. This can be attributable to rising advancements in technology that enable high-speed data transmission which would also upsurge sales of such products in countries such as the US and Canada. Revenue from the Europe market is expected to register a moderate growth rate in the near future.
Global Cable Connectors and Adapters Market Segmentation:
Segmentation by Type:
Segmentation by Product Type:
- Others (Fiber optics, Firewire etc.)
Segmentation by Material:
- Copper Cables
- Fiber Optics
Segmentation by Application:
- Computer and Computer Peripherals
- Smartphones and Tablets
- Consumer Electronics
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Amphenol Corp.
- Belden Inc.
- General Cable Corp.
- L-Com Global Connectivity
- LS Cable & System Ltd.
- Nexans S.A.
- Southwire Company Inc.
- TE Connectivity Ltd.
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