Industrial connectors’ demand continue to proliferate on the back of extensive adoption of high performing, fail-safe, and reliable electronics in an array of industries. The indispensable features of industrial connectors in electronics such as joining industrial electrical end points to form a full electric circuit, voltage surge protection, and electromagnetic interference filtration, are creating wide applications for industrial connector.
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Rapid technological advancement is encouraging demand for reliable electronic devices and components, such as industrial connector. Cutting-edge industrial connectors are paving way for novel designs that can meet the industrial automation needs, such as accrescent productivity, embedded computing, energy efficiency, power distribution, and always-on communication demand.
As a result, technically driven industrial connectors are witnessing adoption for a wide range of pivotal industrial applications, such as broadband communications, alternative energy, heavy equipment, instrumentation, factory automation, motion control, mass transportation, and natural resource exploration. Leading industrial connector manufacturers are vying to offer regular innovation in their offerings to move ahead of the counterparts, and sustain their position in the industrial connector market.
Industrial Connector Market- Notable Highlights
Some of the leading companies operating in the industrial connector market include Molex, Hirose Electric, TE Connectivity, Amphenol, JAE, Yazaki, Rosenberger, Delphi Connection Systems, JST, Sumitomo Wiring Systems, and others.
Molex released a micro-lock cum wire-to-board industrial connector system in December 2018. This industrial connector system is tailored for industrial, automotive, and consumer applications to deliver reliable electrical and mechanical performance in a compact, high-temperature set-up.
- Hirose Electric has introduced extremely-low profile, incombustible, and right angle FPC/FFC FH65 line of connectors for diverse applications. Hirose Electric has also opened a new sales office in Italy to expand into the Italian market and reinforce its position in the European Market.
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Industrial Connector Market- Market Dynamics
- Extensive Adoption in Construction Operations Creating Opportunities
The round-the-clock construction operations require electrical systems to support power and diagnostic data transmissions during all weather conditions. Any kind of error in an electrical system can be expensive to identify or diagnose, and down equipment can stop functioning. Designed to withstand the challenges of continuous, all-weather use, industrial connectors are witnessing huge adoption in construction sector. Further, industrial connectors are gaining traction in the renewable energy industry on the back of immense growth in the renewable energy sector in countries like Germany and the US. The adoption of industrial connector is further triggered by the steady economic growth of Europe post-recession. Industrial connectors continue to witness immense demand from the European machine tools industry, the sector being a key end user of industrial connectors.
- Miniaturized Industrial Connectors Continue to Witness Substantial Demand
With systems and industrial components becoming smaller than ever, while requiring high speed and greater efficiency simultaneously, industrial connector miniaturization has grown into a norm. For industrial connectors, high reliability and proper power maintenance in tandem with concise designs are critical to create a safe and durable equipment. To capitalize on this growing demand for compact machine tools, industrial connector manufacturers are increasingly inducing innovation in their offerings to deliver high-performing industrial tools, such as industrial connectors. For instance, to keep pace with the constantly diminishing sizes of control machines and devices, Turck, a leading manufacturer in industrial automation sector, launched its first M8 industrial Ethernet connectivity solution, smallest available till date.
- Industrial Production & Demand for Connectivity and Convenience are Growing
Burgeoning demand for seamless connectivity, convenience, and cutting-edge product features are increasing electronic content in the end-use devices and machines. The accelerating industrial production in line with hefty advancements in industrial controls and production equipment, and demand for industrial connectors for unexpected harsh environment applications, and proliferating urbanization and industrialization are influencing industrial connector market positively. Leading players in industrial connector market are focusing on products that offer convenient and better connectivity in tandem with high speed, owing to preference for easy-to-use machines, which will drive the industrial connector market growth.
Industrial Connector Market: Segmentation
By Product Type:
- Rectangular Connectors
- Circular Connectors
By End Use:
- Industrial Automation & Process Control
- Building & Civil Engineering
- Machine Tools & Machinery
- Energy Markets
- Heavy Equipment
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