Analysis By Type (Metal Shell, and Plastic Shell); Application (Military & Defense, Aerospace & UAV, Industrial Application, Medical, and Others), and Country
No. of Pages:88
Report Code:
TIPRE00013322
Category:
Electronics and Semiconductor
North America Microminiature Circular Connectors Market
Miniature circular connectors are a new class of interconnects for military aerospace applications, which provide high-performance when compared to larger form-factor connectors like MIL-DTL-38999, and are designed in a significantly smaller and lighter packaging. These microminiature circular connectors have transformed interconnect cable and LRU packaging through radically reducing the weight and size of the I/O connector interface. The various type of microminiature circular connectors such as, quick-disconnect, push-pull, and threaded connectors are best suitable for advanced military and defense applications as well as usage in medical equipment, industrial robotics, and UAVs. Thus, the wide range of application of miniature circular connectors in healthcare and industrial application is the major factor driving the microminiature circular connectors market.
Market Overview and Dynamics
The microminiature circular connectors market in North America is expected to reach US$ 482.91 Mn by 2027 from US$ 392.85 Mn in 2019; it is estimated to grow at a CAGR of 2.7% from 2020 to 2027. The North America microminiature circular connector market is anticipated to witness impressive growth during the forecast period. The growth in the medical devices industry and rising demand for miniaturized connectors in industrial application are the major driving factors for the North America microminiature circular connector market. In addition to these factors, significant technological development initiatives by several leading companies are also expected to drive the demand in the forecast period. However, inefficient use of panel space when used in arrays, when compared to rectangular connectors may restrain the growth. Despite of this limitation, the new sales markets in emerging economies is expected to offer ample growth opportunities for the players operating in the microminiature circular connector market during the forecast period of 2020 to 2027.
Key Market Segments
In terms of type, the metal shell segment accounted for the largest share of the North America microminiature circular connectors market in 2019. In terms of application, the industrial application segment held the largest market share in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the microminiature circular connectors market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Amphenol Corporation, Franz Binder GmbH & Co. Elektrische Bauelemente KG, Glenair, Inc., Hirose Electric Co., Ltd., HUBER+SUHNER, ITT, Inc., Omnetics Connector Corporation, SOURIAU SAS, TE Connectivity, Ulti-Mate Connector Inc., among others.
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Understand the North America microminiature circular connectors market landscape and identify market segments that are most likely to guarantee a strong return
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Obtain revenue forecast for the market based on various segments for the period 2020–2027
NORTH AMERICA MICROMINIATURE CIRCULAR CONNECTORS MARKET SEGMENTATION
By Type
Metal Shell
Plastic Shell
By Application
Military & Defense
Aerospace & UAV
Industrial Application
Medical
Others
By Country
US
Canada
Mexico
Company Profiles
Amphenol Corporation
Franz Binder GmbH & Co. Elektrische Bauelemente KG
Glenair, Inc.
Hirose Electric Co., Ltd.
HUBER+SUHNER
ITT, Inc.
Omnetics Connector Corporation
SOURIAU SAS
TE Connectivity
Ulti-Mate Connector Inc.
North America Microminiature Circular Connectors Market Strategic Insights
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North America Microminiature Circular Connectors Market Segmentation Analysis
North America Microminiature Circular Connectors Market Report Highlights
North America Microminiature Circular Connectors Report Scope
Report Attribute
Details
Market size in 2019
US$ 392.85 Million
Market Size by 2027
US$ 482.91 Million
CAGR (2020 - 2027)
2.7%
Historical Data
2017-2018
Forecast period
2020-2027
Segments Covered
By Type
Metal Shell
Plastic Shell
By Application
Military & Defense
Aerospace & UAV
Industrial Application
Medical
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
Amphenol Corporation
Franz Binder GmbH & Co. Elektrische Bauelemente KG
Glenair, Inc.
Hirose Electric Co., Ltd.
HUBER+SUHNER
ITT, Inc.
Omnetics Connector Corporation
SOURIAU SAS
TE Connectivity
Ulti-Mate Connector Inc.
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North America Microminiature Circular Connectors Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - North America Microminiature Circular Connectors Market
Amphenol Corporation
Franz Binder GmbH & Co. Elektrische Bauelemente KG
Glenair, Inc.
Hirose Electric Co., Ltd.
HUBER+SUHNER
ITT, Inc.
Omnetics Connector Corporation
SOURIAU SAS
TE Connectivity
Ulti-Mate Connector Inc.
Frequently Asked Questions
How big is the North America Microminiature Circular Connectors Market?
The North America Microminiature Circular Connectors Market is valued at US$ 392.85 Million in 2019, it is projected to reach US$ 482.91 Million by 2027.
What is the CAGR for North America Microminiature Circular Connectors Market by (2020 - 2027)?
As per our report North America Microminiature Circular Connectors Market, the market size is valued at US$ 392.85 Million in 2019, projecting it to reach US$ 482.91 Million by 2027. This translates to a CAGR of approximately 2.7% during the forecast period.
What segments are covered in this report?
The North America Microminiature Circular Connectors Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for North America Microminiature Circular Connectors Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Microminiature Circular Connectors Market report:
Historic Period : 2017-2018
Base Year : 2019
Forecast Period : 2020-2027
Who are the major players in North America Microminiature Circular Connectors Market?
The North America Microminiature Circular Connectors Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Amphenol Corporation
Franz Binder GmbH & Co. Elektrische Bauelemente KG
Glenair, Inc.
Hirose Electric Co., Ltd.
HUBER+SUHNER
ITT, Inc.
Omnetics Connector Corporation
SOURIAU SAS
TE Connectivity
Ulti-Mate Connector Inc.
Who should buy this report?
The North America Microminiature Circular Connectors Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Microminiature Circular Connectors Market value chain can benefit from the information contained in a comprehensive market report.
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