Wire-to-Board Connectors Market Expected to Grow at a CAGR of 4.72% by 2026

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NEW YORK, March 4, 2022 /PRNewswire/ — Overview of Wire to Board Connectors Market Facts-

Technavio has announced its latest market research report titled Wire-to-Board Connectors Market by Application and Geography – Forecast and Analysis 2022-2026

  • Total Pages: 120

  • Companies: 10+ – Including 3M Co., Amphenol Corp., ERNI Deutschland GmbH, Foxconn Technology Group, HARTING Technology Group, HIROSE ELECTRIC Co. Ltd., Japan Aviation Electronics Industry Ltd., JST Mfg. Co. Ltd., Koch Industries Inc., KYOCERA Corp. among others.

  • Blanket: Main Drivers, Trends and Challenges; Product information and news; Value chain analysis; Parent market analysis; Landscape of vendors; COVID Impact and Recovery Analysis

  • segments: Applications (computers and peripherals, automotive, telecommunications, medical and others)

  • Geographies: ACPA, North America, Europe, Middle Eastand Africaand South America

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the wire-to-board connector market should increase by $1.06 billion from 2021 to 2026, and the growth momentum of the market will accelerate to a CAGR of 4.72% according to Technavio’s latest market report. The growth of wire-to-board connectors market share by IT and peripherals sector will be important for revenue generation. Advancements in technology have also increased the advancements in internet technologies. This advancement led to network upgrades, thus leading to the upgrade of connectors to ensure high-speed transmission. The IT industry is a major end user of IC sockets. However, with the evolution of advanced connectors and the growth of the IT industry, the demand for wire-to-board connectors is expected to grow at a slow rate during the forecast period.

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Overview of Suppliers-

the wire-to-board connector market is fragmented and vendors are deploying growth strategies such as focusing on delivering products through multiple distribution channels to compete in the market.

  • 3M.co- The company offers radiation therapy equipment called the CyberKnife system.

  • amphenol.com –The company offers a wide range of radiation therapy equipment such as TruGuard, MoldCare Pillows and others.

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Regional Market Outlook

Wire-to-Board Connectors Market Share Growth in APAC will be significant during the forecast period. 44% of the market growth will come from APAC during the forecast period. China, South Koreaand Japan are the leading wire-to-board connector markets in APAC. Market growth in this region will be faster than market growth in other regions. The presence of global leading companies in the military and defense sectors and strong demand from various military establishments in the region, especially China, will facilitate the growth of the wire-to-board connectors market in APAC during the forecast period.

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Latest drivers and trends driving the market-

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Scope of Wire to Board Connectors Market

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 4.72%

Market Growth 2022-2026

$1.06 billion

Market structure

Fragmented

Annual growth (%)

4.4

Successful market contribution

APAC at 44%

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

3M Co., Amphenol Corp., ERNI Deutschland GmbH, Foxconn Technology Group, HARTING Technology Group, HIROSE ELECTRIC Co. Ltd., Japan Aviation Electronics Industry Ltd., JST Mfg. Co. Ltd., Koch Industries Inc., KYOCERA Corp. , Norcomp Inc., Phoenix Contact GmbH and Co. KG, Samtec Inc., TE Connectivity Ltd., WAGO Kontakttechnik GmbH & Co. KG, Wurth Elektronik GmbH and Co. KG and Yamaichi Electronics Co.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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