North America 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 North America is expected to grow from US$ 253.50 million in 2021 to US$ 372.09 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.
Growing population, changing lifestyle, and rapid urbanization require an interconnectivity railway communication system, where intelligent rail transport is the key to meet this demand. Intelligent railway is the fastest and easiest way to travel than any other mode of transport. The railway sector continues to adopt new technologies and systems that play an essential role in transforming it. In the modern era, analog railway transport is replaced with metro, high-speed rail, and sustainable transport to compensate for the travel demand. As a result, countries such as the US and Canada are implementing intelligent railway systems because of long-distance travel, cheap cost, and safety. Moreover, implementing big data in various railway applications will create a future trend as big data analytics (BDA) has increasingly attracted analysts, researchers, and practitioners toward railway transportation and engineering. A few of the railway applications that use big data technology are customer experience, train scheduling, timetabling, improving security at railway stations, automatic charting, network optimization, crew management, inventory management. Thus, the increased popularity, use of the internet of things technology, and high demand for passenger security would drive the demand and create a trend for intelligent rail systems and big data implementation in the rail industry. Thus, various technological developments, such as big data, would become a future trend in the market during the forecast period.
North America Railway Connectors Market Revenue and Forecast to 2028 (US$ Million)
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North America Railway Connectors Market Segmentation
The North America 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 North America 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 the US, Mexico, and Canada. The US 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 North America 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. North America Railway Connectors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Railway Connector Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increased 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 – North America Market Analysis
6.1 North America Railway Connectors Market Overview
6.2 North America Railway Connectors Market Forecast and Analysis
7. North America Railway Connectors Market Analysis – By Connector Type
7.1 Overview
7.2 North America Railway Connectors Market, By Connector Type (2020 and 2028)
7.3 Board /PCB Connector
7.3.1 Overview
7.3.2 Board /PCB Connector: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Data Connector
7.4.1 Overview
7.4.2 Data Connector: North America 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: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Power Connector
7.6.1 Overview
7.6.2 Power Connector: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Railway Connectors Market Analysis – By Component
8.1 Overview
8.2 North America Railway Connectors Market, By Component (2020 and 2028)
8.3 Backshell
8.3.1 Overview
8.3.2 Backshell: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Connector Body
8.4.1 Overview
8.4.2 Connector Body: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Railway Connectors Market Analysis – By Application
9.1 Overview
9.2 North America Railway Connectors Market, By Application (2020 and 2028)
9.3 Light Rails/Trams
9.3.1 Overview
9.3.2 Light Rails/Trams: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Metro
9.4.1 Overview
9.4.2 Metro: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Passenger Coach
9.5.1 Overview
9.5.2 Passenger Coach: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Railway Connectors Market – Country Analysis
10.1 Overview
10.1.1 North America: Railway Connectors Market, by Key Country
10.1.1.1 US: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Railway Connectors Market, by Connector Type
10.1.1.1.2 US: Railway Connectors Market, by Component
10.1.1.1.3 US: Railway Connectors Market, by Application
10.1.1.2 Canada: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Railway Connectors Market, by Connector Type
10.1.1.2.2 Canada: Railway Connectors Market, by Component
10.1.1.2.3 Canada: Railway Connectors Market, by Application
10.1.1.3 Mexico: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Railway Connectors Market, by Connector Type
10.1.1.3.2 Mexico: Railway Connectors Market, by Component
10.1.1.3.3 Mexico: 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. North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Railway Connectors Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Railway Connectors Market, by Connector Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Railway Connectors Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Railway Connectors Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Railway Connectors Market, by Application –Revenue and Forecast to 2028 (Canada$ Million)
Table 9. Mexico: Railway Connectors Market, by Connector Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Railway Connectors Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Railway Connectors Market, by Application –Revenue and Forecast to 2028 (Mexico$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Railway Connectors Market Segmentation
Figure 2. North America Railway Connectors Market Segmentation – By Country
Figure 3. North America Railway Connectors Market Overview
Figure 4. Others Segment held the Largest Share of North America Railway Connectors Market
Figure 5. Connector Body Segment held the Largest Share of North America Railway Connectors Market
Figure 6. Other’s segment held the Largest Share of North America Railway Connectors Market
Figure 7. US to Show Great Traction During Forecast Period
Figure 8. North America – PEST Analysis
Figure 9. North America Railway Connectors Market, Ecosystem
Figure 10. North America Railway Connectors Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Railway Connectors Market Forecast and Analysis (US$ Million)
Figure 12. North America Railway Connectors Market Revenue Share, by Connector Type (2020 and 2028)
Figure 13. Board /PCB Connector: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Data Connector: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Pogo Pin Connectors/ Spring Load Connector: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Power Connector: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Railway Connectors Market Revenue Share, by Component (2020 and 2028)
Figure 19. Backshell: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Connector Body: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Railway Connectors Market Revenue Share, by Application (2020 and 2028)
Figure 22. Light Rails/Trams: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Metro: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Passenger Coach: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: North America Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: Railway Connectors Market, by key Country – Revenue (2020) (US$ Million)
Figure 27. North America: Railway Connectors Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. US: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Canada: Railway Connectors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: 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 North America Railway Connectors Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America Railway Connectors Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Railway Connectors Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution