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North American Connectors Market size to grow substantially through 2027
Published Date: 2021-10-14
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North American Connectors Market size is poised to increase exponentially from 2021 to 2027, according to a latest forecast report by Graphical Research.
The North America industry growth is on account of adoption of advanced technologies across the automotive sector and increasing demand for high-speed data transmission across networking peripherals. The rising penetration of smart appliances accompanied by rapid digitalization will foster the demand for these units across the telecom sector. Paradigm consumer shift toward communication devices, computers, and electronics is set to complement the industry outlook.
The outspread of COVID- 19 has resulted in slowdown of the overall industry operations on account of escalated infected patients, labor shortages, and ceased production facilities. Several nations have imposed strict lockdowns and even curfews owing to the rising number of fatalities from the pandemic, resulting in decline in business growth. However, rapid vaccination programs along with several measures to put back the operations to normal may further encourage business growth.
PCB connector segment is anticipated to show tremendous growth till 2027 owing to ongoing utilization of automation technology across various sectors including automotive, industrial, and defense. The widespread installation of these units across harsh environmental conditions, to ensure the undisrupted electrical connectivity will influence the business landscape. Moreover, the expansion of semiconductor industry which has boosted the demand for these systems over a time frame which will thrust the industry trends.
Browse detailed statistical insights from the report, “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” along with the table of contents (ToC) @
The surging prevalence of smartphones in consumer electronics space coupled with the widespread utilization of processors & laptops for workstation applications will augment the business dynamics. Multiple manufacturing and warehousing facilities have endured refurbishment process to integrate automation and robotics to diminish the workforce, accelerating the product adoption. Wide scale deployment across industrial robotic arms integrated with IO high-speed connectors to rapidly achieve the desired task will positively sway the business trends.
The Canada connectors industry is set to gain remarkable momentum during the forecast timeline due to ongoing expansion of industrial facilities including automation & logistics and extensive investments in the telecommunication sector. An upsurge in the adoption of enhanced safety systems in vehicles together with robust growth across automotive sector will foster the industry landscape. Furthermore, the inflow of FDI across several industries will fuel the market demand.
The North American connectors market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
North America Market, By Product
- PCB Connectors
- IO Connectors
- Circular Connectors
- Fiber Optic Connectors
- RF Coaxial Connectors
North America Market, By End Use
- Computer & Peripherals
The above information has been provided for the following countries:
- North America