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North America Connector Market Forecast 2027 By End Use (Telecom, Transportation, Automotive, Industrial, Computer & Peripherals), By Products (PCB Connectors, I/O Connectors, Circular Connectors, Fiber Optic Connectors, RF Coaxial Connectors), Research Report, Country Outlook (U.S., Canada, Mexico), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: October 2021 | Publisher: Graphical Research Report ID: GR1972 | Delivery : PDF  Request Free Sample

North America Connector Market size is projected to witness remarkable growth between 2021 and 2027 on account of rapid urbanization and rising demand for smart consumer electronic appliances. Significant expenditures across telecom sector accompanied by robust industrial expansion have simulated the market expansion. Ongoing upgradation & enhancement of specialized devices to withstand extreme temperatures and initiatives toward increase in advanced safety mechanisms in vehicles will strengthen the market outlook.

The COVID- 19 pandemic has created a havoc in the industry in an unprecedented manner. Several countries across the region imposed strict curfews and lockdowns to maintain social distance and decline the number of infected patients. Labor shortages, no manufacturing processes, and ceased distribution sectors were the key factors hampering the industry growth.

North America Market, By Products

The I/O connector market will register substantial gains till 2027, owing to emerging 5G technology, and IoT accompanied by surging demand for high-speed connector systems. These units are majorly installed on back panels of the systems, acting as a path through which the computer system corresponds with peripheral devices, including monitor, keyboard, mouse, and printer, fueling the product deployment. In addition, the increasing applicability of micro connectors, USB Type C and HDMI, for power or data transmission across several electrical appliances will drive the industry landscape.

North America Market, By End Use

Growing electrification toward development of EV infrastructure along with rising demand for advanced electrical functionality and safety requirements will boost the demand for connectors across automotive sector. Growing awareness toward eco-friendly mobility has accelerated the demand for electric vehicles. Moreover, escalating expenditure in R&D to introduce advance technologies in line with increasing investments in fiber optics networks will augment the market growth.

North America Market, By Country

The U.S. connector market revenue is poised to observe significant momentum during the forecast period on account on flourishing telecommunication, computer networking and automotive sectors. Favorable government regulations along with robust development across industrial and commercial sector will fuel the product installation. Rising vehicle components production together with growing investments across defense and robotics sectors will complement the market dynamics.

Competitive Industry Landscape

Key players operating across the industry include Aptiv, TE Connectivity, Molex, Hon Hai Precision, Amphenol Corporation, 3M, Rosenberger Group, Luxshare Precision Industry Co., AMETEK, and AVX Corporation. Manufacturers are focusing on product innovations and introduction of advanced technologies through M&A and strategic collaborations to strengthen market share.

Frequently Asked Question(FAQ) :

The industry value for connector in North America is expected to grow at a substantial CAGR from 2021 to 2027 owing to increasing urbanization and the surging demand for smart consumer electronic appliances.
The industry for I/O connector in North America will record lucrative proceeds through 2027 driven by emerging 5G technology and the rising demand for high-speed connector systems.
The industry size for connector in U.S. will register considerable growth up to 2027 propelled by the flourishing computer networking, telecommunication, and automotive sectors.
Major connector companies in North America are Hon Hai Precision, 3M, AVX Corporation, Aptiv, Rosenberger Group, AMETEK, TE Connectivity, and others.

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