The Key Players in Global Connectors Market 2016-2020

Friday 5 February 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the Global Connectors Market: TE Connectivity, Amphenol, Molex Incorporated, Delphi and Hon Hai/Foxconn Technology.

Other Prominent Vendors in the market are: 3M, ABB, Belden Incorporated, Emerson, EDAC, HARTING Technology Group, Hirose Electric, JAE, JST, LOTES, METZ, Phoenix Contact, Rosenberger, Sumitomo Wiring Systems, Weidmuller and Yazaki.

Commenting on the report, an analyst said: “Sourcing products from developing countries has significantly increased in the past decade. Imports from low-cost countries in APAC, such as China and India, have had a substantial impact on the profit margins of traditional suppliers in Europe and North America. This has established cost competitiveness in the market for both local and global players.”

According to the report, copper, gold, and oil are the essential raw materials used in manufacturing connectors. The prices of all the three commodities have seen a downward trend in the past one year. The decrease in prices of raw materials will have a positive impact on both consumers and manufacturers. It will lead to increased profit margins for manufacturers and a relative decline in connector prices for consumers, which will boost sales and encourage further investments in the market.

Further, the report states that reliability and durability are the major challenges facing the connectors market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.