Europe 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)
The railway connectors market in Europe is expected to grow from US$ 177.57 million in 2021 to US$ 226.82 million by 2028; it is estimated to grow at a CAGR of 3.3% from 2021 to 2028.
Increasing electrification across the transportation industry irrespective of the mode of transport has led to the development of automated transport methods. Trains are the frontrunners of transport automation after road transport, as autonomous driving is making its entry into the railway sector. In Europe, automatic train operation (ATO) is becoming the latest trend that modernizes the region's railway sector. In October 2019, six German companies, led by Siemens Mobility, started a joint project named “AStriD”. Moreover, increasing government initiatives toward driverless trains drive the growth of the railway connector market. In 2021, the European government unveiled the world's first automated, driverless train in Germany's Hamburg. The project is a joint venture between Deutsche Bahn, a German rail company, and Siemens, a high-tech partner. It is a part of a $70 million ‘Digital Rail Germany’ modernization plan. These types of projects in the field of automation help in boosting the integration of systems, such as railway connectors. The growing urban and local transport propels the need to integrate advanced and automated systems in rail to optimize train operations. Therefore, the use of connectors in autonomous trains benefits the players operating in the railway connectors market.
Europe Railway Connectors Market Revenue and Forecast to 2028 (US$ Million)
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Europe Railway Connectors Market Segmentation
The Europe railway connectors market is segmented on the basis of connector type, component, application, and country. Based on connector type, the market is segmented into broad/PCB connector, data connector, pogo pin connectors/spring load connector, power connector, and others. In 2020, the others segment held the largest market share. Based on component, the Europe railway connectors market is segmented into backshell and connector body. In 2020, the connector body segment held a larger market share. Based on application, the market is segmented into light rail/trams, metro, passenger coach, and others. In 2020, the others segment held the largest market share. By country, the market is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. The rest of Europe 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; TE Connectivity Corporation; and TT Electronics are among the leading companies in the Europe railway connectors market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Railway Connectors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Railway Connector Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rise in number of passengers opting train as a mode of transport and rising railway projects
5.1.2 The Emergence of Driverless Trains/Automated Trains in Developing Countries
5.2 Market Restraints
5.2.1 Higher Maintenance Costs of Rolling Stocks and Increased Complexity in Train Systems
5.3 Market Opportunities
5.3.1 Development of Advanced and New Systems Suitable for Complex Data Communication
5.4 Future trends
5.4.1 Development of Intelligent Rail Systems and Incorporation of Big Data in Rail Industry
6. Railway Connectors Market – Europe Market Analysis
6.1 Europe Railway Connectors Market Overview
6.2 Europe Railway Connectors Market Forecast and Analysis
7. Europe Railway Connectors Market Analysis – By Connector Type
7.1 Overview
7.2 Europe Railway Connectors Market, By Connector Type (2020 and 2028)
7.3 Board /PCB Connector
7.3.1 Overview
7.3.2 Board /PCB Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Data Connector
7.4.1 Overview
7.4.2 Data Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Pogo Pin Connectors/ Spring Load Connector
7.5.1 Overview
7.5.2 Pogo Pin Connectors/ Spring Load Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Power Connector
7.6.1 Overview
7.6.2 Power Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Railway Connectors Market Analysis – By Component
8.1 Overview
8.2 Europe Railway Connectors Market, By Component (2020 and 2028)
8.3 Backshell
8.3.1 Overview
8.3.2 Backshell: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Connector Body
8.4.1 Overview
8.4.2 Connector Body: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Railway Connectors Market Analysis – By Application
9.1 Overview
9.2 Europe Railway Connectors Market, By Application (2020 and 2028)
9.3 Light Rails/Trams
9.3.1 Overview
9.3.2 Light Rails/Trams: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Metro
9.4.1 Overview
9.4.2 Metro: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Passenger Coach
9.5.1 Overview
9.5.2 Passenger Coach: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Railway Connectors Market – Country Analysis
10.1 Overview
10.1.1 Europe: Railway Connectors Market, by Key Country
10.1.1.1 Germany: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Railway Connectors Market, by Connector Type
10.1.1.1.2 Germany: Railway Connectors Market, by Component
10.1.1.1.3 Germany: Railway Connectors Market, by Application
10.1.1.2 France: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Railway Connectors Market, by Connector Type
10.1.1.2.2 France: Railway Connectors Market, by Component
10.1.1.2.3 France: Railway Connectors Market, by Application
10.1.1.3 Italy: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Railway Connectors Market, by Connector Type
10.1.1.3.2 Italy: Railway Connectors Market, by Component
10.1.1.3.3 Italy: Railway Connectors Market, by Application
10.1.1.4 UK: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Railway Connectors Market, by Connector Type
10.1.1.4.2 UK: Railway Connectors Market, by Component
10.1.1.4.3 UK: Railway Connectors Market, by Application
10.1.1.5 Russia: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Railway Connectors Market, by Connector Type
10.1.1.5.2 Russia: Railway Connectors Market, by Component
10.1.1.5.3 Russia: Railway Connectors Market, by Application
10.1.1.6 Rest of Europe: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Railway Connectors Market, by Connector Type
10.1.1.6.2 Rest of Europe: Railway Connectors Market, by Component
10.1.1.6.3 Rest of Europe: Railway Connectors Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Amphenol Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 TE Connectivity Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Smiths Interconnect
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 HARTING Technology Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Fischer Connectors SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 TT Electronics
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 KYOCERA-AVX
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Molex, LLC (Koch Industries, Inc.)
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schaltbau GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Allied Electronics Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Railway Connectors Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Railway Connectors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Railway Connectors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Railway Connectors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Railway Connectors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Railway Connectors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe: Railway Connectors Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Railway Connectors Market Segmentation
Figure 2. Europe Railway Connectors Market Segmentation – By Country
Figure 3. Europe Railway Connectors Market Overview
Figure 4. Others Segment held the Largest Share of Europe Railway Connectors Market
Figure 5. Connector Body Segment held the Largest Share of Europe Railway Connectors Market
Figure 6. Other’s segment held the Largest Share of Europe Railway Connectors Market
Figure 7. Rest of Europe to Show Great Traction During Forecast Period
Figure 8. Europe – PEST Analysis
Figure 9. Europe Railway Connectors Market, Ecosystem
Figure 10. Europe Railway Connectors Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe Railway Connectors Market Forecast and Analysis (US$ Million)
Figure 12. Europe Railway Connectors Market Revenue Share, by Connector Type (2020 and 2028)
Figure 13. Board /PCB Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Data Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Pogo Pin Connectors/ Spring Load Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Power Connector: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Railway Connectors Market Revenue Share, by Component (2020 and 2028)
Figure 19. Backshell: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Connector Body: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Railway Connectors Market Revenue Share, by Application (2020 and 2028)
Figure 22. Light Rails/Trams: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Metro: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Passenger Coach: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Europe Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe: Railway Connectors Market, by key Country– Revenue (2020) (US$ Million)
Figure 27. Europe: Railway Connectors Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. Germany: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. France: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Italy: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. UK: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Russia: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
- Allied Electronics Corporation
- Amphenol Corporation
- Fischer Connectors SA
- HARTING Technology Group
- KYOCERA-AVX
- Molex, LLC (Koch Industries, Inc.)
- Schaltbau GmbH
- Smiths Interconnect
- TE Connectivity Corporation
- TT Electronics
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Railway Connectors Market.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Railway Connectors Market, as well as those hindering it
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