Middle East and Africa High Speed Connector Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Board-to-Cable, Board-to-Board, and Others) and Application (Communication, Automotive, Aerospace & Defense, Energy & Power, Electronics, and Others)
Market Introduction
The demand for the high speed connector in the MEA countries is driven by increasing development in communication and networking infrastructure. Also, to ensure continuous connectivity for digital applications high speed connector plays an important role. The government is supporting the industries and companies to adopt digital technologies in the operations for better performance and results. To ensure high quality, high performance, and high speed internet, companies are deploying advanced technologies in infrastructure. For instance, in November 2020, Orange, a French telecoms company introduced a new fiber-optic network for ~300 million people in the West African countries. As the gulf countries in the Middle Eastern region are strongly moving toward digitalization and modern technologies such as automation, connected cars, and cloud platforms, the growth of the market is propelling in the region. For instance, in May 2018, ABC, one of the prominent malls and department stores in Lebanon country has deployed a high speed cabling solution from R&M company. New high-performance field-installable connectors are easy to connect with fiber cables and reduces the installation time. Similarly, in African countries, the demand for high speed connectivity solutions is growing due to the rising penetration of high speed links. For instance, in May 2020, the 2Africa project is initiated for the African countries to provide fixed broadband access along with 4G and 5G services for customers. Under the project, a subsea cable will be laid in 16 countries of MEA. Such infrastructure development creates a huge demand for advanced high speed connector, which is boosting the MEA market growth. More advancement regarding features of high speed connector is also expected to drive the MEA high speed connector market growth.
Furthermore, in case of COVID-19, MEA is highly affected specially the South Africa. The MEA high speed connector market is majorly affected by the disruption in the supply chain. Pertaining to the closure of borders of countries, the supply chain of several components and parts have been disturbed which has affected the MEA high speed connector market negatively. The demand for high speed connector has weakened since the eruption of COVID-19 in MEA countries. This has resulted in a loss of business among the high speed connector manufacturers offering their products to various industries in the region. Countries with higher manufacturing units such as Turkey, Israel, and South Africa, among others have witnessed critical scenarios in procuring various electronics including high speed connector which showcased fall in MEA high speed connector market in the region. Impact of COVID is expected to be quite severe in coming years, which is expected to affect the MEA high speed connector market negatively.
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Market Overview and Dynamics
The MEA high speed connector market is expected to grow from US$ 124.49 million in 2019 to US$ 162.69 million by 2027; it is estimated to grow at a CAGR of 3.6 % from 2020 to 2027. Speedy, flexible, and pocket size connector are expected to escalate the MEA high speed connector market. Miniaturization is bringing change in the electronics design and structure to utilize the space and offer a compact device for customers. The electronics devices are getting smaller with a miniaturized component, which is creating a demand for the miniaturized high speed connector Market players are developing new miniaturized connectors to address the need of military, medical, instrumentation, UAVs, and industrial applications for higher data transmission. The increasing demand for microelectronics from consumers is expected to drive the trend of miniaturized connectors during the forecasted period for MEA region. High-speed connectors are evolving with new material and design to offer enhanced solutions such as flexibility and waterproof characteristics. Technology is playing a vital role in connector design improvisation and introducing new trends in the MEA market. For instance, a well-known brand of mobiles across MEA region, Apple Inc. is also developing a new magnetic connector solution for upcoming devices to ease the connectivity processes. Such rising development and improvisation in connector design are expected to escalate the MEA high speed connector market growth.
Key Market Segments
In terms of product, the board-to-board segment accounted for the largest share of the MEA high speed connector market in 2019. In terms of application, the aerospace & defense segment held a larger market share of the MEA high speed connector market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA high speed connector market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Fujitsu Limited; Molex, LLC; OMRON Corporation; SAMTEC, Inc.; TE Connectivity Ltd.
Reasons to buy report
- To understand the MEA high speed connector market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA high speed connector market
- Efficiently plan M&A and partnership deals in MEA high speed connector market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA high speed connector market
- Obtain market revenue forecast for market by various segments from 2020-2027 in MEA region.
MEA High Speed Connector Market Segmentation
MEA High Speed Connector Market - By Product
- Board-to-Cable
- Board-to-Board
- Others
MEA High Speed Connector Market - By Application
- Communication
- Automotive
- Aerospace & Defense
- Energy & Power
- Electronics
- Others
MEA High Speed Connector Market - By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
MEA High Speed Connector Market - Company Profiles
- Fujitsu Limited
- Molex, LLC
- OMRON Corporation
- SAMTEC, Inc.
- TE Connectivity Ltd.
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. MEA High Speed Connector Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
5. MEA High Speed Connector Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Accelerating Networking and Communication Sector
5.1.2 Mounting Electronics and Infotainment Systems in Automotive Sector
5.2 Key Market Restraints
5.2.1 Technical Complications and Overpriced
5.3 Key Market Opportunities
5.3.1 Burgeoning Developments in Network Services
5.4 Future Trends
5.4.1 Speedy, Flexible, and Pocket Size Connector
5.5 Impact Analysis of Drivers and Restraints
6. High Speed Connectors Market – MEA Analysis
6.1 Overview
6.2 MEA High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
6.3 Market Players Ranking
7. MEA High Speed Connector Market Analysis, by Product
7.1 Overview
7.2 MEA High Speed Connector Market, By Product (2019 and 2027)
7.3 Board-to-Cable
7.3.1 Overview
7.3.2 Board-to-Cable: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
7.4 Board-to-Board
7.4.1 Overview
7.4.2 Board-to-Board: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8. MEA High Speed Connector Market, by Application
8.1 Overview
8.2 MEA High Speed Connector Market, by Application (2019 and 2027)
8.3 Communication
8.3.1 Overview
8.3.2 Communication: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.5 Aerospace & Defense
8.5.1 Overview
8.5.2 Aerospace & Defense: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.6 Energy & Power
8.6.1 Overview
8.6.2 Energy & Power: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.7 Electronics
8.7.1 Overview
8.7.2 Electronics: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
9. MEA High Speed Connector Market Country Analysis
9.1 Overview
9.1.1 MEA: High Speed Connector Market, by Key Country
9.1.1.1 Saudi Arabia: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Saudi Arabia: High Speed Connector Market, by Product
9.1.1.1.2 Saudi Arabia: High Speed Connector Market, by Application
9.1.1.2 UAE: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 UAE: High Speed Connector Market, by Product
9.1.1.2.2 UAE: High Speed Connector Market, by Application
9.1.1.3 South Africa: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 South Africa: High Speed Connector Market, by Product
9.1.1.3.2 South Africa: High Speed Connector Market, by Application
9.1.1.4 Rest of MEA: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Rest of MEA: High Speed Connector Market, by Product
9.1.1.4.2 Rest of MEA: High Speed Connector Market, by Application
10. Impact of COVID-19 Pandemic
10.1 MEA: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 SAMTEC, Inc.
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 Molex, LLC
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 TE Connectivity Ltd.
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 Fujitsu Limited
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 OMRON Corporation
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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA High Speed Connector Market Revenue, and Forecast to 2027 (US$ Million)
Table 2. MEA: High Speed Connector Market, by Country Revenue and Forecast to 2027 (US$ Million)
Table 3. Saudi Arabia: High Speed Connector Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 4. Saudi Arabia: High Speed Connector Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 5. UAE: High Speed Connector Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 6. UAE: High Speed Connector Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. South Africa: High Speed Connector Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 8. South Africa: High Speed Connector Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of MEA: High Speed Connector Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of MEA: High Speed Connector Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA High Speed Connector Market Segmentation
Figure 2. MEA High Speed Connector Market Segmentation by Country
Figure 3. MEA High Speed Connector Market Overview
Figure 4. MEA High Speed Connector Market, by Country
Figure 5. MEA High Speed Connector Market, By Product
Figure 6. MEA High Speed Connector Market, By Application
Figure 7. MEA PEST Analysis
Figure 8. MEA High Speed Connector Market: Ecosystem Analysis
Figure 9. MEA High Speed Connector Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 11. MEA High Speed Connector Market Revenue Share, by Product (2019 and 2027)
Figure 12. MEA Board-to-Cable: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 13. MEA Board-to-Board: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 14. MEA Others: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 15. MEA High Speed Connector Market Revenue Share, by Application (2019 and 2027)
Figure 16. MEA Communication: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 17. MEA Automotive: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 18. MEA Aerospace & Defense: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. MEA Energy & Power: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 20. MEA Electronics: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 21. MEA Others: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 22. MEA: High Speed Connector Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. Saudi Arabia: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 24. UAE: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 25. South Africa: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 26. Rest of MEA: High Speed Connector Market Revenue and Forecast to 2027 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in MEA Country Markets
- Fujitsu Limited
- Molex, LLC
- OMRON Corporation
- SAMTEC, Inc.
- TE Connectivity Ltd.
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