Irving, Texas (PRWEB) October 30, 2012
Demand for advanced product features, high-speed, convenience, and connectivity is driving the connector manufacturing industry. The industry is forecast to reach an estimated US $60 billion in 2017 with a CAGR of 4.8% over the next five years (2012-2017).
Lucintel, a leading global management consulting and market research firm, has analyzed the global connector industry and presents its findings in “Global Connector Industry 2012-2017: Trend, Profit and Forecast Analysis.”
The global connector industry includes companies engaged in manufacturing and selling electrical connectors for automotives, transportation, consumer electronics, computers and peripherals, industrial, telecom, datacom, and other segments. The industry is fragmented and APAC dominates this market. Some of the major players in this industry are TE Connectivity Ltd, Amphenol Corporation, and Molex Incorporated. A combination of factors such as the global recession and increasing trend towards mobile and portable applications are seen to impact market dynamics significantly.
The use of connectors in the solar photovoltaic industry increased the use of high power connectors in electric and heavy electric vehicles and high speed connectors for computers and peripherals are the emerging trends of this industry. The global economic recession, high prices for raw materials, and stretched lead time have proved to be a barrier the industry. Demand for advanced product features, high-speed, convenience, and connectivity are driving the connector manufacturing industry.
This study provides an overview of the global connector industry, tracking six market segments of the industry in four geographic regions. Thus, a total of 24 segments of the global connector industry are tracked. The report studies manufacturers of automotive and transportation, consumer electronics, computers and peripherals, industrial, telecom, and others connector segments providing a five-year (2006-2011) annual trend analysis that highlights market size, profit, and cost structure for North America, Europe, Asia Pacific, and the Rest of the World. The market report also provides a forecast, addressing market opportunities for next five years (2012-2017) for each of these regions.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit http://www.lucintel.com.
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