North America Underwater Connector Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Rubber-Molded, Inductive Coupling, Fluid-Filled Underwater Mateable Connector, and Rigid-Shell/Bulk Headed), Connection (Electrical, Optical Fiber, and Hybrid), and Application (Military & Defense, Oil & Gas, Telecommunications, Oceanography, ROVs/AUVs, and Others)
The underwater connector market in North America is expected to grow from US$ 399.35 million in 2022 to US$ 568.97 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2022 to 2028.
The use of advanced subsea systems for commercial and military applications is the major factor driving the North America underwater connector market. The deployment of subsea platforms and the rapid adoption rate of subsea equipment for applications such as submarine communication cables, oceanography, and deep-sea mining have driven the demand for underwater connectors. Rubber molding is one of the most cost-effective lines, and it has been utilized on various underwater instruments, including underwater lighting, communications, and remotely operated vehicles (ROVs). The rubber-molded connector is one of the advanced subsea systems easily adopted in military and oil & gas industries. In 2019, Hydro Group introduced a wide selection of underwater rubber molded connectors that can accommodate various sizes, combinations, and voltages, as well as features including robustness, ease of installation, and cost-effectiveness. Because of the rising need for subsea equipment and platforms in the military and telecommunications industries, market participants focus on boosting the production of rubber-molded underwater connectors for data transfer applications. Further, the demand for autonomous underwater vehicles (AUVs) is driving the underwater connector market. AUVs are deployed for underwater survey missions required in defense, commercial, and scientific research sectors. These vehicles require connectors that are water and corrosion-resistant, as they are majorly exposed to seawater. The implementation of underwater connectors in AUVs provides wireless power transfer, which is increasing their adoption in these vehicles. Thus, the increasing demand for advanced subsea systems for commercial and military applications is driving the underwater connector market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America underwater connector market. The North America underwater connector market is expected to grow at a good CAGR during the forecast period.
North America Underwater Connector Market Revenue and Forecast to 2028 (US$ Million)
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North America Underwater Connector Market Segmentation
The North America underwater connector market is segmented into type, connection, application, and country.
- Based on type, the North America underwater connector market is segmented into rubber-molded, inductive coupling, fluid-filled underwater mateable connector, and rigid-shell/bulk headed. The rubber-molded segment led the market in 2022.
In terms of connection, the North America underwater connector market is segmented into electrical, optical fiber, and hybrid. The electrical segment dominated the market in 2022.
- Based on application, the underwater connector market is segmented into military & defense, oil & gas, telecommunications, oceanography, ROVs/AUVs, and others. The telecommunications segment held the largest share in 2022.
- Based on country, the North America underwater connector market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2022.
Brins Automates LLC, Brins Inc., Fischer Connectors SA, Gisma Steckverbinder GmbH, Glenair, Hydro Group Plc., TE Connectivity, and Teledyne Marine are among the leading companies in the North America underwater connector 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 Underwater Connector Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Underwater Connector Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Oil & Gas Usage Across North America
5.1.2 Advanced Subsea System for Commercial and Military Applications
5.2 Market Restraints
5.2.1 Stringent Environmental Regulations
5.3 Market Opportunities
5.3.1 Growing Investment in New Technologies
5.4 Impact Analysis of Drivers and Restraints
6. Underwater Connector Market – North America Analysis
6.1 North America Underwater Connector Market Overview
6.2 North America Underwater Connector Market Forecast and Analysis
7. North America Underwater Connector Market Analysis – By Type
7.1 Overview
7.2 North America Underwater Connector Market, by Type (2021 and 2028)
7.3 Rubber-Molded
7.3.1 Overview
7.3.2 Rubber-Molded: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Inductive Coupling
7.4.1 Overview
7.4.2 Inductive Coupling: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fluid-Filled Underwater Mateable Connector
7.5.1 Overview
7.5.2 Fluid-Filled Underwater Mateable Connector: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Rigid-Shell/Bulk Headed
7.6.1 Overview
7.6.2 Rigid-Shell/Bulk Headed: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Underwater Connector Market – By Connection
8.1 Overview
8.2 North America Underwater Connector Market, by Connection (2021 and 2028)
8.3 Electrical
8.3.1 Overview
8.3.2 Electrical: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Optical Fiber
8.4.1 Overview
8.4.2 Optical Fiber: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Hybrid
8.5.1 Overview
8.5.2 Hybrid: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Underwater Connector Market – By Application
9.1 Overview
9.2 North America Underwater Connector Market, by Application (2021 and 2028)
9.3 Military & Defense
9.3.1 Overview
9.3.2 Military & Defense: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Oil & Gas
9.4.1 Overview
9.4.2 Oil & Gas: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Telecommunications
9.5.1 Overview
9.5.2 Telecommunications: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Oceanography
9.6.1 Overview
9.6.2 Oceanography: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.7 ROVs/AUVs
9.7.1 Overview
9.7.2 ROVs/AUVs: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Underwater Connector Market – Country Analysis
10.1 Overview
10.1.1 North America: Underwater Connector Market, by Key Country
10.1.1.1 US: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Underwater Connector Market, by Type
10.1.1.1.2 US: Underwater Connector Market, by Connection
10.1.1.1.3 US: Underwater Connector Market, by Application
10.1.1.2 Canada: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Underwater Connector Market, by Type
10.1.1.2.2 Canada: Underwater Connector Market, by Connection
10.1.1.2.3 Canada: Underwater Connector Market, by Application
10.1.1.3 Mexico: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Underwater Connector Market, by Type
10.1.1.3.2 Mexico: Underwater Connector Market, by Connection
10.1.1.3.3 Mexico: Underwater Connector Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 BIRNS Aquamate LLC
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 BIRNS, Inc.
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 Glenair, Inc.
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 Fischer Connectors SA
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 GISMA Steckverbinder GmbH
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 Hydro Group
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 TE Connectivity Corporation
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 Teledyne Marine
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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Underwater Connector Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Underwater Connector Market, by Connection–Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Underwater Connector Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Underwater Connector Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Underwater Connector Market, by Connection– Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Underwater Connector Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Underwater Connector Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Underwater Connector Market, by Connection– Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Underwater Connector Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Underwater Connector Market Segmentation
Figure 2. North America Underwater Connector Segmentation – By Country
Figure 3. North America Underwater Connector Market Overview
Figure 4. Rubber Molded the Largest Share of North America Underwater Connector Market
Figure 5. Optical Fiber Segment held the Largest Share of North America Underwater Connector Market
Figure 6. US to Show Great Traction During Forecast Period
Figure 7. North America – PEST Analysis
Figure 8. Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. North America Underwater Connector Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Underwater Connector Market Forecast and Analysis (US$ Million)
Figure 12. North America Underwater Connector Market Revenue Share, by Type (2021 and 2028)
Figure 13. North America Rubber-Molded: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Inductive Coupling: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Fluid-Filled Underwater Mateable Connector: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Rigid-Shell/Bulk Headed: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Underwater Connector Market Revenue Share, by Connection (2021 and 2028)
Figure 18. North America Electrical: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Optical Fiber: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Hybrid: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Underwater Connector Market Revenue Share, by Application (2021 and 2028)
Figure 22. North America Military & Defense: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Oil & Gas: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Telecommunications: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Oceanography: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America ROVs/AUVs: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America Others: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Underwater Connector Market, by Key Country – Revenue (2021) (US$ Million)
Figure 29. North America: Underwater Connector Market Revenue Share, by Key Country (2021 and 2028)
Figure 30. US: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Underwater Connector Market – Revenue and Forecast to 2028 (US$ Million)
- Brins Automates LLC
- Brins Inc.
- Fishcher Connectors SA
- Gisma Steckverbinder GmbH
- Glenair
- Hydro Group Plc.
- TE Connectivity
- Teledyne Marine
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America underwater connector 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 underwater connector 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 underwater connector 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