Microminiature Circular Connector Market to 2027 – Covid-19 Impact and North America Analysis by Type (Metal Shell, Plastic Shell); Application (Military and Defense, Aerospace and UAV, Industrial Application, Medical, and Others); and Country
The microminiature circular connector market in North America is expected to grow from US$ 392.85 Mn in 2019 to US$ 482.91 Mn by 2027; it is projected to grow at a CAGR of 2.7% during 2020-2027. The government organizations have undertaken many developments to improve the network infrastructure in North America countries. Such initiatives uplift the demand for high-speed data transmission cables connectors, which, in turn, involves developing communication infrastructure. This is expected to increase the need to install better cable connectors and other equipment. Thus, emerging economies provide opportunities for the growth of the companies providing microminiature circular connectors during the forecast period.
The metal shell microminiature circular connectors led the North America microminiature circular connector market, based on type, in 2018, and the segment is expected to continue its dominance in terms of share during the forecast period. The metal shell microminiature connectors refer to a complete line of the small circular connectors ideal for rugged military and commercial applications.
The overall North America Microminiature Circular Connector market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
It also provides the overview and forecast for the market based on the segmentation pertaining to North America.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America Microminiature Circular Connector market . A few of the players operating in the North America microminiature circular connector market are Amphenol Corporation, Glenair Inc, Hirose Electric Co Ltd, and HUBER + SUHNER.
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