Page Updated:
Jan 2021
The microminiature circular connectors market in North America is expected to grow from US$ 392.85 Mn in 2019 to US$ 482.91 Mn by 2027; it is estimated to grow at a CAGR of 2.7% from 2020 to 2027.
The US, Canada, and Mexico are major economies in North America, and it is the most technologically advanced region. Microminiature devices provide substantial savings in both weight and space needs since their small size and the level of performance is equal to their larger, circular counterparts. The huge demand for the microminiature circular connector is continuously increasing as application designs in aerospace, military, and specialty industrial needs high performing, smaller, harsh environment circular connectors. These are built for use in various industrial applications wherein minimum dimensions need to be attained. The growth in demand for microminiature circular connectors in applications such as defense and industrial applications is expected to drive the microminiature circular connectors market during the forecast period. Besides, owing to its smaller physical size, providing considerable savings in both weight and space requirements is also anticipated to boost the market.Further, various companies in the region are highly involved in offering microminiature circular connectors for various industries; for instance, ITT Cannon, is engaged in providing microminiature circular series connectors, which are lightweight and ruggedized. Its connectors are used for several applications, such as instrumentation, biomedical, and miniature black boxes. Glenair is also engaged in designing and manufacturing the deepest and broadest selection of microminiature circular connectors for various tactical field and aerospace applications. 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 microminiature circular connectors market. The North America microminiature circular connectors market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
North America Microminiature Circular Connectors Market Segmentation
North America Microminiature Circular Connectors Market, by Type
- Metal Shell
- Plastic Shell
North America Microminiature Circular Connectors Market, by Application
- Military & Defense
- Aerospace & UAV
- Industrial Application
- Medical
- Others
North America Microminiature Circular Connectors Market, by Country
- US
- Canada
- Mexico
North America 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.
- Omnetics Connector Corporation
- SOURIAU SAS
- TE Connectivity
- Ulti-Mate Connector Inc.
North America Microminiature Circular Connectors Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 392.85 Million |
Market Size by 2027 | US$ 482.91 Million |
Global CAGR (2020 - 2027) | 2.7% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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