North America Railway Connectors Market Trends and Analysis by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

North America Railway Connectors Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Connector Type (Broad/PCB Connector, Data Connector, Pogo Pin/Spring Load Connector, Power Connector, and Others), Component (Backshell and Connector Body), and Application (Light Rails/Trams, Metro, Passenger Coach, and Others)

Report Date : May 2022
Report Code : TIPRE00029083

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 112

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The railway connectors market in North America is expected to grow from US$ 253.50 million in 2021 to US$ 372.09 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.

Growing population, changing lifestyle, and rapid urbanization require an interconnectivity railway communication system, where intelligent rail transport is the key to meet this demand. Intelligent railway is the fastest and easiest way to travel than any other mode of transport. The railway sector continues to adopt new technologies and systems that play an essential role in transforming it. In the modern era, analog railway transport is replaced with metro, high-speed rail, and sustainable transport to compensate for the travel demand. As a result, countries such as the US and Canada are implementing intelligent railway systems because of long-distance travel, cheap cost, and safety. Moreover, implementing big data in various railway applications will create a future trend as big data analytics (BDA) has increasingly attracted analysts, researchers, and practitioners toward railway transportation and engineering. A few of the railway applications that use big data technology are customer experience, train scheduling, timetabling, improving security at railway stations, automatic charting, network optimization, crew management, inventory management. Thus, the increased popularity, use of the internet of things technology, and high demand for passenger security would drive the demand and create a trend for intelligent rail systems and big data implementation in the rail industry. Thus, various technological developments, such as big data, would become a future trend in the market during the forecast period.

North America Railway Connectors Market Revenue and Forecast to 2028 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Railway Connectors Market Segmentation

The North America railway connectors market is segmented on the basis of connector type, component, application, and country. Based on connector type, the market is segmented into broad/PCB connector, data connector, pogo pin connectors/spring load connector, power connector, and others. In 2020, the others segment held the largest market share. Based on component, the North America railway connectors market is segmented into backshell and connector body. In 2020, the connector body segment held a larger market share. Based on application, the market is segmented into light rail/trams, metro, passenger coach, and others. In 2020, the others segment held the largest market share. By country, the market is segmented into the US, Mexico, and Canada. The US contributed a substantial share in 2020.

Allied Electronics Corporation; Amphenol Corporation; Fischer Connectors SA; HARTING Technology Group; KYOCERA-AVX; Molex, LLC (Koch Industries, Inc.); Schaltbau GmbH; Smiths Interconnect; TE Connectivity Corporation; and TT Electronics are among the leading companies in the North America railway connectors market.

North America Railway Connectors Report Scope

Report Attribute	Details
Market size in 2021	US$ 253.50 Million
Market Size by 2028	US$ 372.09 Million
Global CAGR (2021 - 2028)	5.6%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Connector Type Broad/PCB Connector Data Connector Pogo Pin/Spring Load Connector Power Connector By Component Backshell and Connector Body By Application Light Rails/Trams Metro Passenger Coach
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Allied Electronics Corporation Amphenol Corporation Fischer Connectors SA HARTING Technology Group KYOCERA-AVX Molex, LLC (Koch Industries, Inc.) Schaltbau GmbH Smiths Interconnect TE Connectivity Corporation

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Railway Connectors Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Railway Connectors Market Report Snapshots

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