Report : Middle East and Africa Railway Connectors Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Connector Type (Broad/PCB Connector, Data Connector, Pogo Pin/Spring Load Connector, Power Connector, and Others), Component (Backshell and Connector Body), and Application (Light Rails/Trams, Metro, Passenger Coach, and Others)

Broad /PCB Connector Segment to Dominate Middle East & Africa Railway Connectors Market during 2019–2028

According to a new market research study on “Middle East & Africa Railway Connectors Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Connector Type, Component, and Application,” is expected to reach US$ 26.22 million by 2028 from US$ 15.03 million in 2021. The market is estimated to grow at a CAGR of 8.3% from 2021 to 2028. Rise in number of passengers train and railway projects is the major factor driving the growth of the Middle East & Africa railway connectors market. However, higher maintenance costs of rolling stocks and increased complexity in train systems may hinder the growth of Middle East & Africa railway connectors market. The report provides trends prevailing in the Middle East & Africa railway connectors market along with the drivers and restraints pertaining to the market growth.

The Middle East & Africa railway connectors market segmented into connector type, component, application, and country. Based on connector type, the Middle East & Africa railway connectors market is segmented into broad /PCB connector, data connector, pogo pin connectors/ spring load connector, power connector, and others. In 2020, the broad /PCB connector segment held the largest share Middle East & Africa railway connectors market. Based on component, the Middle East & Africa railway connectors market is segmented into backshell and connector body. In 2020, the connector body segment held the largest share Middle East & Africa railway connectors market. Based on application, the Middle East & Africa railway connectors market is segmented into light rail/trams, metro, passenger coach, and others. In 2020, the others segment held the largest share Middle East & Africa railway connectors market. Similarly, based on country, the market is segmented into South Africa, the UAE, and the rest of Middle East & Africa. The rest of Middle East & Africa contributed a substantial share in 2020. 

Allied Electronics Corporation; Amphenol Corporation; Fischer Connectors SA; HARTING Technology Group; KYOCERA-AVX; Molex, LLC (Koch Industries, Inc.); Schaltbau GmbH; Smiths Interconnect; and TE Connectivity Corporation are among the leading companies in the Middle East & Africa railway connectors market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Smith Interconnect released its new intercompact series, it is lightweight, provide compact signal & ethernet PCB connector solution, designed to provide stable connection for rail & industrial applications.

Contact Us
Contact Person: Sameer Joshi 
Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com 

 

Download Free PDF Brochure