London, UK (PRWEB) July 03, 2014
The most complex applications (e.g. in commercial aviation) are influenced by the comparatively low volume of the number of units manufactured on an annual basis. On the other hand, high volume production vehicles (e.g. recreation vehicles) are the least sophisticated and in certain very basic models do not use what is classified as an ‘electronic connector’.
The global non-automotive transportation connector industry is being increasingly impacted by government intervention. The majority of governments, specifically European, Japanese, and North American, have laid down clean air standards that influence all vehicles emitting contaminants into the atmosphere. To conform to these standards, engine technology is set to undergo noticeable changes, stimulating the replacement of vehicles with nonconforming or older technology engines as early as possible. The rail sector is seeking government-backed support as building the infrastructure for high speed rail lines and other passenger services is extremely capital intensive. The adoption of technologies as is the case with the automotive sector, like waterproof/ splashproof connectors, electronic control modules, and CAN bus, provide the framework for increasing connector consumption within the markets other than the non-automotive one.
Going forward, the overall non-automotive transportation connector market is forecast to grow at a CAGR of just under 6.5% to be valued at nearly USD 4 billion by the end of 2018.
In-demand research study “2014 Non-Automotive Transportation Market for Connectors” drawn up by Bishop & Associates is now available at MarketPublishers.com.
Title: 2014 Non-Automotive Transportation Market for Connectors
Published: May, 2014
Price: US$ 4,500.00
The research report provides a detailed and unbiased analysis of the non-automotive transportation market for connectors. It investigates the different segments and sub segments of this market space such as commercial aviation, commercial marine, rail, commercial vehicles, heavy equipment, and recreation vehicles; it also explores the types of connectors used within these segments and sub segments. Furthermore, market valuations and forecast figures through to end-2018 are provided along with 5-year CAGRs by the world’s region, segment and sub segment. For a complete understanding of the overall industry, the report provides an in-depth assessment of the value of each segment relative to the consumption of connectors or the sophistication of application to the levels of annual production.
More comprehensive reports by the publisher can be found at Bishop & Associates page.