Wire Connectors Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027
Report Description
The global Wire Connectors market size is estimated at USD 330.8 million in 2020, expanding at a CAGR of 7.1% from 2021-2027 to reach 580.1 million USD in 2027.
Market Dynamics
The wire Connectors market is expected to witness substantial growth over the forecast period. Increasing wire connectors application across consumer electronics and industrial automation is boosting the market growth. Wire connectors are equipment used for connecting two or more wires together. These wires are removable or temporary. In addition, these wires also allow flexibility and modification in the design of electrical circuits. Wire connectors are present in different sizes depending on the wire gauges and the number of wires connected. These wires are extensively utilized for various applications including high-speed digital communication, satellite communication equipment (SATCOM), instrumentation, cable assemblies, Internet of Things (IoT), test and measurement, 5G wireless infrastructure, embedded computing, smart cities & agriculture, and precision thin substrate mounting.
In addition, the rising industrialization across developing countries is increasing the adoption of wire connectors. Additionally, increasing demand for delivering higher bandwidth internet & reduction in loss of signal strength are some of the key factors impacting the market growth. Moreover, the rising demand for networks and infrastructure required to transmit power is also increasing, which, in turn, is anticipated to spur market growth.
North America is estimated to dominate the global market. The rising demand for wire connectors from the industrial sector and aerospace industry is boosting the market growth Europe is projected to propel at a significant rate over the forecast period. The increasing demand for wire connectors, cables from various applications such as satellite communication, 5G wireless network is contributing to market growth. Further, Asia Pacific is expected to hold a significant amount of market share.
The Wire Connectors market is fragmented into type and applications segments. Based on type, the twist-on type segment is anticipated to dominate the market. By application, the consumer electronics segment is projected to grow at the highest CAGR during the forecast period.
The Wire Connectors market is reasonably competitive in nature with the presence of local & international players. Key players in the industry indulge in strategic mergers & acquisitions, partnerships, and new product launches to strengthen their position in the market.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Wire Connectors by type, region and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
- Amphenol Corporation
- AVX Corporation
- Omron Corporation
- [Harting Technology Group
- JST (UK) Ltd.
- Kyocera Corporation
- Molex, LLC.
- RS Components
- TE Connectivity
- Texas Instruments
Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Twist-On
- Push-In
- Crimp-On
Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Consumer Electronics
- Automotive
- Industrial Automation
- Communication
- Others
Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain, etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)
Table Of Content
1.1. Product Overview and Scope of Wire Connectors
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Wire Connectors Market Size Growth Rate Analysis by Type2020 VS 2027
1.3.1. Twist-On
1.3.2. Push-In
1.3.3. Crimp-On
1.4. Global Wire Connectors Consumption Comparison by Application: 2020 VS 2027
1.4.1. Consumer Electronics
1.4.2. Automotive
1.4.3. Industrial Automation
1.4.4. Communication
1.4.5. Others
1.5. Global Wire Connectors Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.5.1. North America Wire Connectors Estimates
1.5.2. Europe Wire Connectors Estimates
1.5.3. China Wire Connectors Estimates
1.5.4. Japan Wire Connectors Estimates
2. Market Competition by Manufacturers
2.1. Global Wire Connectors Revenue Market Share by Manufacturers (2020)
2.2. Wire Connectors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Wire Connectors Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Wire Connectors Production Sites, Area Served, Product Types
2.5. Wire Connectors Market Competitive Situation and Trends
2.5.1. Wire Connectors Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Wire Connectors Consumption by Region (2016-2021)
3.1. Global Wire Connectors Consumption by Region
3.2. Global Wire Connectors Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Wire Connectors Consumption Growth Rate (2016-2021)
3.2.3. North America Wire Connectors Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Wire Connectors Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Wire Connectors Consumption Growth Rate (2016-2021)
3.2.7. Europe Wire Connectors Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Wire Connectors Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Wire Connectors Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Wire Connectors Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Wire Connectors Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Wire Connectors Consumption Growth Rate (2016-2021)
3.2.15. South America Wire Connectors Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Wire Connectors Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Wire Connectors Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Wire Connectors Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Wire Connectors Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Wire Connectors Consumption by Type (2016-2021)
4.1. Global Wire Connectors Price by Type (2016-2021)
4.2. Global Wire Connectors Revenue Market Share by Type (2016-2021)
4.2.1. Twist-On
4.2.2. Push-In
4.2.3. Crimp-On
5. Global Wire Connectors Consumption by Application (2016-2021)
5.1. Global Wire Connectors Price by Application (2016-2021)
5.2. Global Wire Connectors Revenue Market Share by Application (2016-2021)
5.2.1. Consumer Electronics
5.2.2. Automotive
5.2.3. Industrial Automation
5.2.4. Communication
5.2.5. Others
6. Key Companies Profiled
6.1. Amphenol Corporation
6.1.1. Amphenol Corporation Wire Connectors Corporation Information
6.1.2. Amphenol Corporation Wire Connectors Product Portfolio
6.1.3. Amphenol Corporation Wire Connectors Consumption, Price and Gross Margin (2016-2021)
6.1.4. Amphenol Corporation Main Business and Markets Served
6.1.5. Amphenol Corporation Recent Developments/Updates
6.2. AVX Corporation
6.3. Omron Corporation
6.4. [Harting Technology Group
6.5. JST (UK) Ltd.
6.6. Kyocera Corporation
6.7. Molex, LLC.
6.8. RS Components
6.9. TE Connectivity
6.10. Texas Instruments
7. Marketing Channel, Distributors and Customers
7.1. Marketing Channel
7.2. Wire Connectors Distributors List
7.3. Wire Connectors Customers
8. Market Dynamics
8.1. Wire Connectors Industry Trends
8.2. Wire Connectors Growth Drivers
8.3. Wire Connectors Market Challenges
8.4. Wire Connectors Market Restraints
9. Global Wire Connectors Consumption and Demand Forecast, by Region (2022-2027)
9.1. Global Forecasted Demand Analysis of Wire Connectors, by Regions and Country
9.1.1. North America Forecasted Consumption of Wire Connectors by Country
9.1.2. Europe Market Forecasted Consumption of Wire Connectors by Country
9.1.3. Asia Pacific Market Forecasted Consumption of Wire Connectors by Region
9.1.4. Latin America Forecasted Consumption of Wire Connectors by Country
9.1.5. Middle East and Africa Forecasted Consumption of Wire Connectors by Country
10. Global Wire Connectors Consumption and Demand Forecast, by Device Segments (2022-2027)
10.1. Global Forecasted Consumption of Wire Connectors by Device Segments (2022-2027)
10.2. Global Consumption and Price Forecast by Device Segments (2022-2027)
10.3. Global Forecasted Growth Rate of Wire Connectors by Device Segments (2022-2027)
11. Research Finding and Conclusion
12. Methodology and Data Source
12.1. Methodology/Research Approach
12.1.1. Research Programs/Design
12.1.2. Market Size Estimation
12.1.3. Market Breakdown and Data Triangulation
12.2. Data Source
12.2.1. Secondary Sources
12.2.2. Primary Sources
12.3. Author List
12.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
Enquire Before Purchase
Frequently Asked Questions
Why Choose Market Research Strategy?
We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports
We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround
Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.
We abide by the information security policy and adheres to keep your private and business information confidential and secure.