PC Connectors Market Report
PC Connectors Market Trends, Dynamics & Market Insights See less
PC Connectors Market Trends, Dynamics & Market Insights
PC Connectors Market, By Type (Circle, Rectangle), By Application (Laptop, PCs), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global PC connectors market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
PC Connectors Market, By Type (Circle, Rectangle), By Application (Laptop, PCs), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, com...
The PC Connectors Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of xx% during the forecast period.
A connector primarily refers to electrical connectors. These connectors are sometimes referred to as input-output connectors and form the interface for linking electronic devices with the help of other cables. A PC connector is a device that helps to connect PC and other devices to transmit signals or current.
Key players operating in the PC connectors market are-
Rising urbanization coupled with surging demand for consumer electronic devices such as laptops and PCs in both developed and developing countries is expected to spur market growth in the coming years. Also, the growing number of data centers is likely to create ample opportunities for the industry players. The connectors designed into these increasingly important connectivity hubs make an unexpectedly big impact on their operating costs and performance, thus boosting the industry's growth.
Based on type, the PC connectors market is classified into circles and rectangles. The circle segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. A circular connector is a cylindrical, multi-pin electrical connector that contains contacts that transmit data, power electrical devices, or transmit electrical signals. A circular PC connector is developed to endure harsh environments and reliably deliver data, which boosts the segment growth.
By region, the Asia-Pacific market held a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. Businesses are heavily relying on data centers to provide cost-effective, reliable, and long-term data backup. Also, the strong presence of PC and laptop companies in the countries of China, Taiwan, Japan, and South Korea, further proliferates the regional market growth.
The COVID-19 outbreak has moderately affected the PC Connectors industry. Rising coronavirus cases across the globe resulted in stringent social distance and lockdown norms across the globe, which led to supply chain disruption, thus affecting the product demand.
Here is the list of the group of customers that the PC connectors market hopes to have the greatest opportunity to convert-
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TE Connectivity (Switzerland), MOLEX (US), Amphenol (US), FCI (India), Foxconn GFO (Tai-wan), Yazaki (Japan), Hirose Electric (Japan), Sumitomo (Japan), JST (US), and JAE (Japan) are among the key players in the PC connectors market.
Rising urbanization coupled with surging demand for consumer electronic devices such as laptops and PCs in both developed and developing countries, the growing number of data centers are the factors driving the growth of PC connectors market.
Asia-pacific is expected to grow at the substantial CAGR in the PC connectors market during the next five years.
The circle segment is expected to register a healthy CAGR in the PC connectors market in the coming years.
PC connectors vendors, PC connectors retailers, Consumer electronics companies, Computer/Laptop companies are the target audience in the PC connectors market.