TMCnet News
Board-to-Board Connectors Market worth $15.4 billion by 2028 - Exclusive Report by MarketsandMarkets™CHICAGO, July 17, 2023 /PRNewswire/ -- The global board-to-board Connectors market is expected to be valued at USD 11.6 billion in 2023 and is projected to reach USD 15.4 billion by 2028; it is expected to grow at a CAGR of 5.8% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the board-to-board Connectors market is propelled by rising demand for consumer electronics and automotive electronics. However, significant technical challenges related to signal integrity are restraining the growth of the market.  Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=56130339 Browse in-depth TOC on "Board-to-Board Connectors Market" Board-to-Board Connectors Market Report Scope:
Pin Headers segment is expected to hold the largest share during the forecast period. Pin headers are generally more cost-effective compared to other types of board-to-board connectors. Their simple design and construction make them relatively easy and inexpensive to manufacture, resulting in competitive pricing. This affordability makes pin headers a preferred choice for applications requiring many connectors or where cost is a significant consideration. Furthermore, pin headers are user-friendly and easy to assemble. They feature a simple plug-and-play design, allowing for quick and hassle-free installation. These features are having a positive impact in the demand for pin headers in the board-to-board connectors market. Automotive Segment is projected to witness growth at the highest CAGR during the forecast period. The rise of electric and hybrid vehicles drives the board-to-board connectors industry in the automotive segment. Electric and hybrid vehicles rely heavily on electronic systems for power management, battery control, motor control, and charging infrastructure. The electrification of vehicles requires a high level of interconnectivity between various components, including the battery management system (BMS), power electronics, and control units. This increasing demand for interconnectivity solutions is fueling the automotive segment. Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=56130339 Asia Pacific to hold the largest share of the board-to-board connectors market throughout the forecast period Asia Pacific, particularly countries like China, Japan, South Korea, and Taiwan, has established itself as a global manufacturing hub for electronics. These countries have robust manufacturing infrastructures, advanced technology capabilities, and a vast network of suppliers and manufacturers. The region's ability to produce board-to-board connectors efficiently and cost-effectively has contributed to its dominant market share. The board-to-board connectors companies includes significant Tier I and II players like Amphenol Corporation (US), TE Connectivity (Switzerland), Japan Aviation Electronics (Japan), Hirose Electric Co Ltd (Japan), Molex (US), Omron Corporation (Japan), Samtec (US), Harting Technology Group (Germany), FIT Hon Teng Limited (Taiwan), Kyocera Corporation (Japan), and CSCONN Corporation (China) are some of the key players in the board-to-board connectors market. Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=56130339 Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting Related Reports: Optical Interconnect Market by Product Category (Cable Assemblies, Connectors, Optical Transceivers), Interconnect Level, Fiber Mode, Data Rate, Distance, Application (Data Communication, Telecommunication), Region - Global Forecast to 2025 Automotive Connectors Market by Connection Type (Wire to Wire, Wire to Board, Board to Board), Application (Body Control & Interiors, Engine Control & Cooling System), System Type (Sealed, Unsealed), Vehicle Type, and Region - Global Forecast to 2021 Optical Communication and Networking Equipment Market by Component (Fiber, Transceiver, and Switch), Technology (WDM, Fiber Channel), Application (Telecom, Data Center, and Enterprise), Data Rate, Vertical and Region (2022-2027) Optical Transceiver Market Size, Share and Industry Growth Analysis Report by Form Factor (SFF and SFP; SFP+ and SFP28; XFP; CXP), Data Rate, Wavelength, Fiber Type, Connector, Distance, Protocol, Application (Data Center, Enterprise), and Global Growth Driver and Industry Forecast to 2026 Silicon Photonics Market with Recession Impact Analysis by Product (Transceivers, Switches, Sensors), Application (Data Centers & High-Performance Computing, Telecommunications), Waveguide, Component and Geography - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
|
View original content: