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Research and Markets: Global Industrial Connector Market 2014-2018: Key Vendors are Amphenol, Harting, Molex & TE ConnectivityResearch and Markets (http://www.researchandmarkets.com/research/5dhn29/global_industrial) has announced the addition of the "Global Industrial Connector Market 2014-2018" report to their offering. The Global Industrial Connector market to grow at a CAGR of 7.77% over the period 2013-2018 A connector is a device that carries electrical power or electronic signals and connects an input or output part of an electronic or electrical device to the internal controls of a machine or another device. Connectors are an important factor to be considered in the initial set up of any industry. The use of cheap or low-grade connectors could result in degraded signals and inefficiency. Lesser the interference produced by the connector greater its quality. One key trend upcoming in the market is the growth in the renewable energy sector in cuntries such as the US and Germany. This has increased the demand for connectors used in the Renewable Energy sector. According to the report, the most important factor driving the market is the steady economic growth of Europe post-recession. The Machine Tools industry in Europe is one of the major end-users of the market which has encouraged machine tools manufacturers to increase their production capacity, and the growth of the market. Further, the report states that one of the key challenges in the market is the volatile condition of the emerging markets in countries such as China. The volatility in the Chinese Manufacturing and Industrial Automation sectors affects the market adversely. The Global Industrial Connector market can be divided into five segments based on end-users:
Key Vendors Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/5dhn29/global_industrial
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