U.S., Japan & Germany Precision Connector Market
Precision connectors have huge demand in 5G computing and networking. Precision connectors are used in 5G antenna, computing and networking modems. Furthermore, compact and high speed connectors are used in 5G supporting smartphones, high speed RF, 5G wireless infrastructure, and other wireless devices.
Therefore, growing demand of 5G-based devices is expected to propel growth of the U.S., Japan, and Germany precision connector market. For instance, U.S.-based AT&T Inc., Telecommunication Company offers 5G services in the U.S.
There are various market players such as TE Connectivity, Samtec, Molex, Amphenol Corporation, HUBER+SUHNER and other that offers precision connecters for 5G infrastructure. Mouser Electronics, Inc. (Molex) offers Molex Precision Optimized SMA Connectors that are high-performance subminiature connectors operating to 27GHz. Moreover, Amphenol Corporation offers 2.92 mm, 2.4 mm & SMA LiteTouch Solderless RF PCB Connectors, which supports 5G wireless infrastructure.
Furthermore, high-speed & high-density connectors are used in military and defence services for communication systems, military vehicles, and unmanned systems. For instance,. ODU USA Inc. offers precision connectors for military that are highly reliable, smaller-lighter- faster connectors, which can withstand harsh operating and environmental conditions. These high-speed & high-density connectors are ideal for soldier communication systems, military vehicles, and unmanned systems ( UAV/UGV/UAS) and also for all the military applications including power management devices, software defined & air traffic control radios, secure and encrypted communication, VoIP, computer, and data recording devices.
Market Dynamics
On the basis of application, the U.S., Japan & Germany precision connector market is segmented into telecom, military and aerospace, medical, test and measurement, and others.
Telecom segment accounted for the largest market share in 2020. The segment was valued at US$ 269.7 Mn in 2020, and is expected to generate a revenue of US$ 525.0 Mn by 2028. This segment is expected to exhibit a CAGR of 9.2% over the forecast period (2021 to 2028)
The demand for precision connectors is sharply increasing in the telecom sector owing to increasing adoption of advanced telecommunication connectivity such as 5G. According to Worldwide Market Reports’ analysis, global 5G technology market is expected to reach around US$ 680 Bn by 2026 from US$ 6.1 billion in 2020. As the precision connector can handle high frequency, the demand for these connectors is expected to increase in the telecom sector.
Furthermore, cellular systems include transmission lines and base station antennas which are susceptible to PIM or passive intermodulation. PIM can hamper the cellular systems’ performance by decreasing the data rates and system capacity. Precision-machined RF or Radio frequency components can reduce the distortion of PIM signal and performance needs of mobile network equipment.
Key features of the study:
Detailed Segmentation
“*” marked represents similar segmentation in other categories in the respective section.
*Browse 60 market data tables and 40 figures on "Precision Connector Market - U.S., Japan and Germany forecast to 2028”.
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