Lucintel’s latest market report analyzed that industrial connector provides attractive opportunities in the factory automation and machinery, construction and civil engineering, and energy market. The industrial connector market is expected to reach $8.7 billion by 2027 with a CAGR of 3.3%. In this market, factory automation and machinery is the largest segment by end use. Green connectors to reduce greenhouse gas emissions provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/industrial-connector-market.aspx Based on end use, the industrial connector market is segmented into the factory automation and machinery, construction and civil engineering, and energy market. The factory automation and machinery segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to growth in smart factories, automation & networking, and industrial robotics.
Browse in-depth TOC on “Industrial Connector Market”
68 – Tables
107 – Figures
205 – Pages
The Industrial connector Market is marked by the presence of several big and small players. Some of the prominent players offering industrial connector include Molex Incorporated, TE Connectivity, Amphenol Corporation, Aptiv, JST Mfg. Co. Ltd., Hirose Electric Co. Ltd., Rosenberger, Harting Technology Group, Foxconn, Sumitomo Electric, Japan Aviation Electronics Industry.
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