Report : North America Microminiature Circular Connector Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Metal Shell, Plastic Shell); Application (Military and Defense, Aerospace and UAV, Industrial Application, Medical, and Others);
According to The Insight Partners market research study on "North America Microminiature Circular Connector Market to 2027 – Regional Analysis and Forecast by Application, Type”, is expected to reach US$ 482.91 Mn by 2027 from US$ 392.85 Mn in 2019. The market is estimated to grow at a CAGR of 2.7 % from 2020 to 2027.The report provides trends prevailing in the North America Microminiature Circular Connector market along with the drivers and restraints pertaining to the market growth. The growing demand for sustainable source of energy and increasing use of solar energy in utilities, residential, and commercial applications have propelled the growth of Microminiature Circular Connector market in North America.
The Microminiature Circular Connector market, by type, is segmented into metal shell, and plastic shell. The metal shell segment held the largest share of the North America market in 2019. Metal Shell Microminiature connector is a complete line of the ideal for rugged military and commercial applications of small circular connectors. The micro circular metal-shell connectors are versatile, tested for harsh environments, and offer multiple coupling styles, contacts, and mounting options. Various connector coupling styles, pin counts, and shell sizes provide a full range of options for any military operating environment.
Amphenol Corporation, Glenair Inc, Hirose Electric Co Ltd, Huber + Suhner, ITT Inc,are among the leading companies in the microminiature circular connector market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the North America Microminiature Circular Connector Market as follows:
Microminiature Circular Connector Market – By Type
Microminiature Circular Connector Market – By Application
Microminiature Circular Connector Market – By Country