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Global Industrial Connectors Market is expected to 4650 million US$ by the end of 2025
This report studies the Industrial Connectors market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Industrial Connectors is the connectors used for industrial environment. They are stronger to resist bad environment. This report mainly covers the connectors that used for Trucks, buses, Agricultural and construction equipment, two wheelers, forklifts etc.
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Globally, the Industrial Connectors industry market is not that concentrated as the manufacturing technology of Industrial Connectors is relatively much more mature than some high-tech equipment. But some enterprises are still well-known for the wonderful performance of their Industrial Connectors and related services.
The major regions to produce Industrial Connectors are North America, Europe, Asia-Pacific(W/O China) and China, which accounting for more than 90 % of production in total. Europe is the largest production region (production share 30.55% in 2015), followed by Asia-Pacific(W/O China).
According to our research and analysis, the leading five companies in the market occupies about 48.23% of the production value shares. Major manufacturers in the market are TE Connectivity, Delphi Connection Systems, Amphenol, Molex and JAE.
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Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Although sales of Industrial Connectors brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Industrial Connectors field.
The global Industrial Connectors market was 3140 million US$ in 2017 and is expected to 4650 million US$ by the end of 2025, growing at a CAGR of 5.0% between 2018 and 2025.
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