Lucintel Blog: Lucintel Forecasts Sealed Connector Market to Reach $5.9 Billion by 2027

According to the recent study the sealed connector market is projected to reach an estimated $5.9 billion by 2027 from $4.3 billion in 2021, at a CAGR of 4.3% from 2022 to 2027. Growth in this market is primarily driven by growing usage in automotive industry, increasing oil & gas mining activities, and growing adaption of environmentally sealed connectors.

Browse 79 figures / charts and 84 tables in this 161 -page report to understand trends, opportunities and forecast in sealed connector market by type (circular, rectangular, I/O, PCB, fiber optics, and others), sealing rating(IP67 and IP67), pressure rating(0-1000 psi, 1000-10,000 psi, and 10,000 psi+), end use industry (defense, semiconductor, life science, oil & gas, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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https://www.lucintel.com/sealed-connector-market.aspx

“Automotive market is expected to remain the largest segment during the forecast period.”

Based on end use industry, the sealed connector market is segmented into defense, semiconductor, life science, oil & gas, automotive, and others. Lucintel forecasts that the automotive market is expected to remain the largest segment due to increasing number of electronic components and advanced safety features in vehicles.

“Within the sealed connector market, the rectangular connectors segment is expected to remain the largest product type.”

Based on product type the rectangular connectors segment is expected to witness the highest growth over the forecast period.

“Asia pacific will dominate the sealed connector market in near future.”

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to increasing adoption of connected vehicles, computers, and smartphones integrated with high-speed connectivity solution in the APAC region.

Download Brochure of this report by clicking on https://www.lucintel.com/sealed-connector-market.aspx.

Major players of sealed connector market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. TE Connectivity, Molex, Hermetic Seal Corp, Detoronics Corp, National Standard Parts Associates, Bulgin, Robert Bosch GmbH, JST Manufacturing Co. Ltd, Hirose Electric Co., Ltd., and Yazaki are among the major sealed connector providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/sealed-connector-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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