North America High Speed Connector Market Forecast to 2031
North America High Speed Connector Market Forecast to 2031 – Regional Analysis – by Product (Board-to-Cable, Board-to-Board, and Others) and Application (Communication, Automotive, Aerospace & Defense, Energy & Power, Electronics, and Others)
$2,485 – $3,885
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Description
Higher Speed Networking Technologies and Miniaturization Fuels North America High Speed Connector Market
High-speed connectors are a crucial component in various industries, enabling efficient and reliable data transmission between devices. Continuous advancements in these connectors help manufacturers keep pace with the ever-increasing demand for faster data transfer speeds and enhanced performance. Connectors are being designed to handle higher data rates, supporting advancements such as 5G. In addition, the miniaturization trend creates a scope for further improvements in high-speed connectors. As electronic devices become smaller and lighter, there is a growing demand for compact connectors. This is achieved using innovative materials such as aluminum alloy that allow for smaller footprints while maintaining performance. The growing number of interconnected devices often necessitates smaller form factors.
High-speed connector manufacturers are constantly innovating to create miniaturized connectors that offer high data rates while maintaining design flexibility for diverse applications. In June 2023, Hirose released a multi-RF board-to-board connector that provides a size reduction of up to 71% compared to conventional designs. With the industry’s smallest width of only 2.2 mm, the BM56 Series supports multiple RF and digital signals with a single connector. High-speed connectors enabling faster, more reliable, and versatile data transmission are continuously in demand in applications ranging from consumer electronics to automotive & aerospace industries. Thus, technological advancements to support trends such as high-speed networking technologies and miniaturization are likely to bring new high-speed connector market trends in the coming years.
North America High Speed Connector Market Overview
North America is experiencing significant growth in the global high-speed connector market. The rising networking and communication sector favors the North American high-speed connector market growth. These connectors are increasingly being utilized in the networking and communication sector to offer enhanced connectivity, reliability, and high-speed data transfer. Rising investments in the developments of various sectors, including telecommunications, automotive, and consumer electronics, along with the increasing adoption of IoT devices propel the demand for high-speed connectors. In 2023, the broadband industry in the US invested US$ 102.4 billion in US communications infrastructure in 2023, showing broadband providers’ determination to achieve the national objective of high-speed, affordable, and reliable connectivity. Moreover, investments in the communications sector rose by 19% year-on-year in 2023. High-speed connectors play a vital role in the communications industry, enabling the transmission of large volumes of data at high speeds. They are essential components in various applications, including telecommunications infrastructure and data centers.
North America High Speed Connector Market Revenue and Forecast to 2031 (US$ Million)
North America High Speed Connector Market Segmentation
The North America high speed connector market is segmented based on product, application, and country.
Based on product, the North America high speed connector market high speed connector market is segmented into board-to-cable, board-to-board, and others. The board-to-board segment held the largest share in 2023.
In terms of application, the North America high speed connector market high speed connector market is segmented into communication, automotive, aerospace & defense, energy & power, electronics, and others. The aerospace & defense segment held the largest share in 2023.
Based on country, the North America high speed connector market high speed connector market is categorized into the US, Canada, and Mexico. The US dominated the North America high speed connector market in 2023.
Samtech lnc; Molex LLC; TE Connectivity Ltd; Hirose Electric Co Ltd; Yamaichi Electronics Co., Ltd; Neoconix Inc; Fujitsu Ltd; OMRON Corp; IMS Connector Systems GmbH; OUPIIN ENTERPRISE CO., LTD; and Amphenol Corp are some of the leading companies operating in the North America high speed connector market.
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According toThe Research Team’ research, the North America high speed connector market was valued at US$ 1,635.91 million in 2023 and is expected to reach US$ 3,096.92 million by 2031, registering a CAGR of 8.3% from 2023 to 2031. Burgeoning importance of telecommunications and increasing demand for electronics and infotainment systems in the automotive sector are among the critical factors attributed to the North America high speed connector market expansion.
Connectivity and communication are important for any organization. Businesses need to communicate information comprehensively, quickly, and flexibly to stay competitive in different markets. The subsequently growing reliance on telecommunications results in an elevated need for efficient data transmission solutions in various businesses to support aspects such as remote work, video conferencing, high-definition content streaming, and a proliferating network of Internet-connected devices. High-speed connectors are crucial for facilitating the efficient and reliable transmission of huge data volumes at faster speeds.
Telecom and telephone connectors are high-speed connectors that are specifically built for the communications sector. They often use fiber optics and conductor-based connectivity. For example, TE Connectivity’s CXP pluggable I/O interconnect 2149152-1 connector can achieve 12.5 Gbps per channel, with a total bandwidth of 150 Gbps. It complies with InfiniBand CXP 12x QDR and IEEE 100 Gbps Ethernet standards. These connectors are built for high-speed data environments, and thus, they must be incorporated along with multiple EMI prevention measures, heat sink. The RJ45 Ethernet Connector, a subset of telecom and telephone connectors, is used for high-speed internet. These connectors are capable of attaining speeds up to 40 Gbps, and their transmission speed is governed by the IEEE Ethernet cabling standards, with Category 8.2 reaching a maximum data transfer rate of 40 Gbps. Further, Category 6a (Cat6a) is the most common modern high-speed Ethernet connector, which attains ~10 Gbps speeds. For example, PX0893 from Bulgin Limited is a Cat6a-compliant shielded RJ-45 coupler used for direct printed circuit board-mounted (PCB-mounted) panel connection applications.
Therefore, the increasing dependence on telecommunications in various businesses, in turn, drives the demand for high-speed connectors across the telecommunications sector. This can be attributed to the fact that high-speed connectors are instrumental in enabling faster data transmission, supporting the expansion of infrastructure and new technologies, and so on.
On the contrary, high cost and complex design hampers the growth of North America high speed connector market.
Based on product, the North America high speed connector market is segmented into board-to-cable, board-to-board, and others. The board-to-board segment held 60.1% share of the North America high speed connector market in 2023, amassing US$ 982.94 million. It is projected to garner US$ 1,981.23 million by 2031 to expand at 9.2% CAGR during 2023–2031.
In terms of application, the North America high speed connector market is segmented into communication, automotive, aerospace & defense, energy & power, electronics, and others. The aerospace & defense segment held 37.8% share of the North America high speed connector market in 2023, amassing US$ 618.08 million. It is estimated to garner US$ 1,137.69 million by 2031 to expand at 7.9% CAGR during 2023–2031.
Based on country, the North America high speed connector market is categorized into the US, Canada, and Mexico. The US held 92.0% share of North America high speed connector market in 2023, amassing US$ 1,504.52 million. It is projected to garner US$ 2,858.16 million by 2031 to expand at 8.4% CAGR during 2023–2031.
Key players operating in the North America high speed connector market are Samtech lnc; Molex LLC; TE Connectivity Ltd; Hirose Electric Co Ltd; Yamaichi Electronics Co., Ltd; Neoconix Inc; Fujitsu Ltd; OMRON Corp; IMS Connector Systems GmbH; OUPIIN ENTERPRISE CO., LTD; and Amphenol Corp, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America high speed connector market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America High Speed Connector Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. North America High Speed Connector Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Burgeoning Importance of Telecommunications
5.1.2 Increasing Demand for Electronics and Infotainment Systems in the Automotive Sector
5.1.3 Rising Investments in R&D
5.2 Market Restraints
5.2.1 High Cost and Complex Design
5.3 Market Opportunities
5.3.1 Developments in 5G Technology
5.3.2 Growing Adoption of IoT and Edge Computing
5.4 Future Trends
5.4.1 Higher Speed Networking Technologies and Miniaturization
5.5 Impact of Drivers and Restraints:
6. High Speed Connector Market – North America Market Analysis
6.1 North America High Speed Connector Market Revenue (US$ Million), 2021–2031
6.2 North America High Speed Connector Market Forecast Analysis
7. North America High Speed Connector Market Analysis – by Product
7.1 Board-to-Cable
7.1.1 Overview
7.1.2 Board-to-Cable: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Board-to-Board
7.2.1 Overview
7.2.2 Board-to-Board: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Others
7.3.1 Overview
7.3.2 Others: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
8. North America High Speed Connector Market Analysis – by Application
8.1 Communication
8.1.1 Overview
8.1.2 Communication: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Automotive
8.2.1 Overview
8.2.2 Automotive: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Aerospace and Defense
8.3.1 Overview
8.3.2 Aerospace and Defense: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Energy and Power
8.4.1 Overview
8.4.2 Energy and Power: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
8.5 Electronics
8.5.1 Overview
8.5.2 Electronics: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
9. North America High Speed Connector Market –Country Analysis
9.1 North America Market Overview
9.1.1 North America: High Speed Connector Market – Revenue and Forecast Analysis – by Country
9.1.1.1 North America: High Speed Connector Market – Revenue and Forecast Analysis – by Country
9.1.1.2 United States: High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.2.1 United States: High Speed Connector Market Breakdown, by Product
9.1.1.2.2 United States: High Speed Connector Market Breakdown, by Application
9.1.1.3 Canada: High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.3.1 Canada: High Speed Connector Market Breakdown, by Product
9.1.1.3.2 Canada: High Speed Connector Market Breakdown, by Application
9.1.1.4 Mexico: High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.4.1 Mexico: High Speed Connector Market Breakdown, by Product
9.1.1.4.2 Mexico: High Speed Connector Market Breakdown, by Application
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
10.3 Company Share Analysis of High Speed Connector Market
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Samtec Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Molex LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 TE Connectivity Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hirose Electric Co Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Yamaichi Electronics Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Neoconix Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Fujitsu Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 OMRON Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 IMS Connector Systems GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 OUPIIN ENTERPRISE CO.,LTD
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Amphenol Corp
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
13. Appendix
13.1 About The Research Team
Table 1. North America High Speed Connector Market Segmentation
Table 2. List of Vendors
Table 3. North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million) – by Product
Table 5. North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 6. North America: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 7. United States: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 8. United States: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 9. Canada: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 10. Canada: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 11. Mexico: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 12. Mexico: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 13. Heat Map Analysis by Key Players
Figure 1. North America High Speed Connector Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. North America High Speed Connector Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America High Speed Connector Market Revenue (US$ Million), 2021–2031
Figure 6. North America High Speed Connector Market Share (%) – by Product (2023 and 2031)
Figure 7. Board-to-Cable: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Board-to-Board: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Others: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. North America High Speed Connector Market Share (%) – by Application (2023 and 2031)
Figure 11. Communication: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Automotive: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Aerospace and Defense: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Energy and Power: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Electronics: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Others: North America High Speed Connector Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. North America High Speed Connector Market – Country, 2023 (US$ Million)
Figure 18. North America: High Speed Connector Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 19. United States: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million)
Figure 20. Canada: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million)
Figure 21. Mexico: High Speed Connector Market – Revenue and Forecast to 2031(US$ Million)
Figure 22. Company Positioning & Concentration
The List of Companies – North America High Speed Connector Market
o Samtech lnc
o Molex LLC
o TE Connectivity Ltd
o Hirose Electric Co Ltd
o Yamaichi Electronics Co., Ltd
o Neoconix Inc
o Fujitsu Ltd
o OMRON corp
o IMS Connector Systems GmbH
o OUPIIN ENTERPRISE CO., LTD
o Amphenol Corp
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