The microminiature circular connectors market in Asia-Pacific is expected to grow from US$ 567.07 Mn in 2019 to US$ 837.05 Mn by 2027; it is estimated to grow at a CAGR of 5.1% from 2020 to 2027.
The microminiature circular connectors market in APAC comprises countries such as China, India, Japan, Australia, South Korea, and the Rest of APAC. The economy of the region is performing well due to numerous technological and infrastructural developments. The region has strong aerospace and military and semiconductor sector in countries such as China, India, and South Korea. The rapid economic development in the region is estimated to boost the aerospace and industrial application segment of the microminiature circular connectors market during the forecast period. Microminiature circular connectors are increasingly used in devices in aerospace and industrial applications; it is also hugely adopted for surgical equipment, household appliances, home security devices, and many more. Various other applications that benefit from these connectors comprise mobile robotic equipment, hand-held electronics, and future soldier systems since these systems are requiring multiple microminiature circular connectors in order to route command signals. Thus, the wide range of application of microminiature circular connectors is driving the growth of the market in the Asia-Pacific region.UAV manufacturers in the region are also hugely adopting microminiature circular connectors; thus, numerous new UAV’s are reducing weight and size. Microminiature circular connectors provide high-speed digital surveillance equipment and performance to ensure the highest signal integrity. Several companies in the region are highly involved in offering microminiature circular connectors for various applications. For instance, Sichuan Yonggui Science and Technology Co., Ltd., a China-based company, offers microminiature circular connectors, which is broadly used in aerospace and military areas. Further, INTE-AUTO also designs a microminiature circular connector, which is known for their quality and ruggedness; its connector is reliable in the most demanding environments. It is broadly used for the medical equipment, signal transmission, audio/video, test and measurement, and communications product line.
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Asia-Pacific Microminiature Circular Connectors Market Segmentation
Asia-Pacific Microminiature Circular Connectors Market, by Type
- Metal Shell
- Plastic Shell
Asia-Pacific Microminiature Circular Connectors Market, by Application
- Military & Defense
- Aerospace & UAV
- Industrial Application
- Medical
- Others
Asia-Pacific Microminiature Circular Connectors Market, by Country
- China
- Japan
- South Korea
- India
- Australia
- Rest of APAC
Asia-Pacific Microminiature Circular Connectors Market – Companies Mentioned
- Amphenol Corporation
- Franz Binder GmbH & Co. Elektrische Bauelemente KG
- Glenair, Inc.
- Hirose Electric Co., Ltd.
- HUBER+SUHNER
- ITT, Inc.
- SOURIAU SAS
- TE Connectivity
Asia-Pacific Microminiature Circular Connectors Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 567.07 Million |
Market Size by 2027 | US$ 837.05 Million |
Global CAGR (2020 - 2027) | 5.1% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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