The Asia Pacific Cables and Connector Market would witness market growth of 10.3% CAGR during the forecast period (2020-2026).
Cables and connectors play an integral part in the integration of different systems and subsystems between various industries. The need for secure connectivity, high-performance communication channels and flexibility in the transmission of data by different companies is supporting the demand of the Cables and Connector Market. High-performance networks are crucial for business, manufacturing, transport, education, media and security. Cable and connector products help ensure that the data infrastructure works perfectly for its users at different times and locations.
Advances such as high-definition video and multi-channel audio in the IT and electronics market are driving the growth of the Cables and Connectors market in this industry. In addition, oil & gas companies are looking for fiber optics to improve operational performance and accuracy, which is anticipated to provide a profitable market opportunity. Automobile electrical connectors are primarily developed for use in automobile electrical systems. Automotive systems have undergone massive transformation, and modern systems are now widely wired and controlled by a microprocessor. The demand for good, reliable cables and electric connectors has been escalated.
Military and aerospace engineers, acknowledging the significance of cables and connectors, are today evaluating cable and interconnection design considerations and product options early on and throughout their workflows. They are also increasingly meticulous in selecting the optimum cable and connectors, mulling over a long list of application-specific questions and considerations.
Connectors and cables are filled with requirements in both military and aerospace applications and so are the engineers responsible for selecting the correct component for this job. Cables and interconnects have to be durable like the aerospace and defense vehicles and systems that depend on them, and they often cover many decades; operate under harsh conditions involving extremes in vibrations, salt water exposure, and temperature; and sometimes withstand the wear and tear of repeated plugging.
Based on Product Type, the market is segmented into External Cables & Connectors and Internal Cables & Connectors. Based on Vertical, the market is segmented into Commercial, Automotive, Aerospace & Defense, Energy & Power and Others. Based on Installation Type, the market is segmented into CAT5/CAT6, USB, VGA, HDMI, DVI and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Nokia Corporation, Fujitsu Limited, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), TE Connectivity Ltd., Amphenol Corporation, TransDigm Group, Inc. (Esterline Technologies Corporation), Axon Cable SAS, Nexans SA, and Sumitomo Electric Wiring Systems, Inc.
Scope of the Study
By Product Type
- External Cables & Connectors
- Internal Cables & Connectors
- Aerospace & Defense
- Energy & Power
By Installation Type
- South Korea
- Rest of Asia Pacific
- 3M Company
- Nokia Corporation
- Fujitsu Limited
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- TE Connectivity Ltd.
- Amphenol Corporation
- TransDigm Group, Inc. (Esterline Technologies Corporation)
- Axon Cable SAS
- Nexans SA
- Sumitomo Electric Wiring Systems, Inc.
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