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Railway connectors are devices that are used for transmitting data and signals along the passenger rolling stock, including signaling systems, power transmission, brakes and controls, and others. Installed on all types of railway systems or equipment, connectors such as ultra-resistant, fiber optics, and miniature play a vital role in ensuring efficient, safe, and reliable operation of any electrical or electronic device.

Railway connectors are a critical component and they must be carefully selected according to the technical specifications of the application. In addition to electrical parameters such as voltage and current, there are additional requirements that must be taken into consideration, such as environmental and operating conditions, resistance to salt and flame, strength, impermeability, number of coupling cycles, easy handling, and more.

The increasing utilization of ERTMS (European Rail Traffic Management System) which is utilized for railway traffic management and railway communication is one of the key factors driving the growth of the global railway connectors market. This system enables communication between the driver and traffic management center and also aids in controlling speed limit of the train by communicating with the driver.

Governments in various countries have initiated projects of faster and safer trains, which are also driving the growth of the global railway connectors market. Several countries around the globe are focusing on the implementation of modern technology such as speed monitoring, predictive maintenance, SCADA (Supervisory control and data acquisition), and others for faster and safer trains. Locomotives such as metro, bullet trains, and tubes are faster and safer than the conventional railways.

However, extreme weather conditions which make connectors non-favourable for application is one of the major challenges for the global railway connectors market growth. Failure of a connector can cause loss of vital data and it can interrupt the working of the monitoring system.

The global railway connectors market is estimated to be valued at US$ 873.4 Mn in 2022 and expected to grow at a CAGR of 5.3% over the forecast period (2022-2030).

Global Railway Connectors Market - Impact of Coronavirus (Covid-19) Pandemic

Due to strict restrictions including lockdowns during the start of the pandemic, key players in the global railway connectors market have been severely affected all over the world. The global railway connectors market is an evolving market which was hampered due to the pandemic. In various affected countries, all types of production and installation have been disrupted and the operations were shut down. Due to lockdowns over the past few months, production was decreased which ultimately affected the demand and supply of connectors. The majority of railway connector manufacturers have faced issues such as the unavailability of workforce and closure of factories due to the pandemic which further affected the production of wagons.

However, due to leniency in the restrictions, the demand for railway connectors has increased from 2021, and manufacturers have started their production to fullest capacity.

Statistics:

Europe held a dominant position in the global railway connectors market in 2021, accounting for 44% share in terms of value, followed by Asia Pacific and North America.

Figure 1: Global Railway Connectors Market Share (%), By Region, 2021

Railway Connectors  | Coherent Market Insights

Among regions, Europe held a dominant position in the global railway connectors market in 2021 and is expected to retain its dominance throughout the forecast period. In order to increase their market presence, key market players are focusing on business expansion. For instance, in April 2019, Croatia Infrastructure Agency signed MoU (Memorandum of Understanding) with Chinese companies such as China Road and Bridge Corporation (CRBC) and China Railway Eryuan Engineering Group Co., Ltd. (CREEC), to develop intermodal transport corridor and modernizing railway lines. Such ongoing developments in Europe increase the demand for railway connectors, thereby driving the market growth.

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Railway Connectors Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 873.4 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 5.3% 2030 Value Projection: US$ 1,329.5 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa
Segments covered:
  • By Type: Power Connectors, Data Connectors, Modular Connectors, Others
  • By Design: Circular, Rectangular
  • By Physical Application: Rolling Stock, Engine Monitoring, Infrastructure & Signaling, Roof/Pantograph, Air Conditioning System, Trackside Safety Systems, Others
  • By Function: Signalling, Communication, Power distribution
  • By Rail Type: Light Rails/Trams, Metro, Passenger Train, Cargo Train
Companies covered:

Amphenol Sine Systems, Easterline Technologies, Fischer Connectors SA, Harting Technology, HUBER+SUHNER, ITT Inc., Molex Incorporated, Nexans, Radiall VanSystem S.r.l, Schaltbau GmbH, Sichuan Yonggui Science and Technology, Smiths Interconnect, Staubli Electrical Connectors, TE Connectivity, and TT Electronics

Growth Drivers:
  • Increasing utilization of ERTMS (European Rail Traffic Management System)
  • Increasing production of locomotives
  • Government initiatives for the implementation of modern and faster rail transports
Restraints & Challenges:
  • Extreme Weather Conditions

Major players operating in the global railway connectors market include Amphenol Sine Systems, Easterline Technologies, Fischer Connectors SA, Harting Technology, HUBER+SUHNER, ITT Inc., Molex Incorporated, Nexans, Radiall VanSystem S.r.l, Schaltbau GmbH, Sichuan Yonggui Science and Technology, Smiths Interconnect, Staubli Electrical Connectors, TE Connectivity, and TT Electronics.

Among type, the data connectors segment held the highest market share in 2021 and is expected to retain its market share over the forecast period, owing to efficient transfer of data for monitoring and testing the railway network and the ability to quickly identify areas where maintenance work is required. Applications of data connectors include railway infotainment systems, consumer ports, cameras, display units, and others. Moreover, technological advancements such as higher data transmission rate and the use of optical fiber are further expected to propel the segment growth.

Figure 2: Global Railway Connectors Market Value (US$ Mn), 2017-2030

Railway Connectors  | Coherent Market Insights

The global railway connectors market is estimated to be valued at US$ 873.4 million in 2022 and expected to reach 1,329.5 million by 2030, exhibiting a CAGR of 5.3% between 2022 and 2030.

Competitive Section

Major companies operating in the global railway connectors market include Amphenol Sine Systems, Easterline Technologies, Fischer Connectors SA, Harting Technology, HUBER+SUHNER, ITT Inc., Molex Incorporated, Nexans, Radiall VanSystem S.r.l, Schaltbau GmbH, Sichuan Yonggui Science and Technology, Smiths Interconnect, Staubli Electrical Connectors, TE Connectivity, and TT Electronics.

Key Developments

  1. Key companies are involved in business expansion in order to strengthen their market position. For instance, in September 2021, Fischer Connectors Group, a company that designs, develops, and deploys tailored solutions that ensure high-performance connectivity, expanded its global imprint by establishing a new production site and subsidiary in Portugal. This project aims at increasing the Group’s manufacturing capacity, optimizing costs, and leveraging two connector assembly production sites (Switzerland and Portugal) for a business continuity risk management purpose.

Moreover, in 2018, ITT Inc., a manufacturer of critical engineered components and customized technology solutions for the transportation, industrial, and energy sectors, announced that it had initiated the production of highly engineered brake pads for automotive applications, at its newly opened manufacturing facility at Silao, Guanajuato

  1. Market players are focusing on strategic investments in order to enhance their presence. For instance, in 2015, ITT Inc., a manufacturer of critical engineered components and customized technology solutions for the transportation, industrial, and energy sectors, made an investment of US$ 20 Mn in its Wuxi (China) facility for expanding the production capabilities of braking technologies for the automotive industry.

Railway connectors are devices used for the transmission of data and signals along the passenger rolling stock, including signaling systems, power transmission, brakes and controls and others. Installed on all types of railway systems or equipment, the connectors such as ultra-resistant, fiber optics and miniature play a vital role in ensuring efficient, safe and reliable operation of any electrical or electronic device.

Railway connectors are a critical component and they must be carefully selected according to the technical specifications of the application. In addition to electrical parameters such as voltage and current, there are additional requirements that must be taken into consideration such as, environmental and operating conditions, resistance to salt and flame, strength, impermeability, number of coupling cycles, easy handling and more.

Market Dynamics

Increasing production of locomotives are boosting the demand of railway connectors across the globe. Connectors have wide range of application in modern railways/locomotive. Rail connectors could have application in automatic door operation, engine, CCTV, lights, air conditioning, robotics, windshield viper, and communication. Moreover, these applications need large volume of connectors in a locomotive. Expanding fleet size is a major factor in growth of the railway connectors market and this is expected to impact the connectors market positively. According to Bureau of Transportation Statistics America, number of operational locomotive in the U.S. in 2011 were 24,350, which increased to 26,547 in 2017. According to facts and figures released by Government of India, volume of rolling stock was 11,461 in 2017 which increased to 12,000 in 2018.

Moreover, government initiatives for implementation of modern and faster rail transports also increasing the expansion of railway connectors. Governments in various countries have initiated projects of faster and safer trains, which is positively impacting growth of the connectors market.

However, the extreme weather conditions adversely affecting functioning of connectors might hamper the market development.

Market Taxonomy

This report segments the global railway connectors market on the basis of type, design, physical application, function, rail type and region. On the basis of type, the global railway connectors market is segmented into power connectors, data connectors, modular connectors and others. On the basis of design, the global railway connectors market is segmented into circular and rectangular. On the basis of physical application, the global railway connectors market is segmented into rolling stock, engine monitoring, infrastructure & signaling, roof/ pantograph, air conditioning system, trackside safety systems, and others. On the basis of function, the global railway connectors market is segmented into signalling, communication, and power distribution. On the basis of rail type, the global railway connectors market is segmented into Light Rails/Trams, Metro, Passenger Train, and Cargo Train. On the basis of region, the global railway connectors market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global railway connectors and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles global leading players in the global railway connectors market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments and strategies, and future plans
  • Key companies covered in the global railway connectors market include Amphenol Sine Systems, Easterline Technologies, Fischer Connectors SA, Harting Technology, HUBER+SUHNER, ITT Inc., Molex Incorporated, Nexans, Radiall VanSystem S.r.l, Schaltbau GmbH, Sichuan Yonggui Science and Technology, Smiths Interconnect, Staubli Electrical Connectors, TE Connectivity, TT Electronics.
  • The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global railway connectors market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global railway connectors market

Detailed Segmentation:

  • Global Railway Connectors Market, By Type:
    • Power Connectors
    • Data Connectors
    • Modular Connectors
    • Others
  • Global Railway Connectors Market, By Design:
    • Circular
    • Rectangular
  • Global Railway Connectors Market, By Physical Application:
    • Rolling stock
    • Engine Monitoring
    • Infrastructure & Signaling
    • Roof/ Pantograph
    • Air Conditioning System
    • Trackside Safety Systems
    • Others
  • Others Global Railway Connectors Market, By Function:
    • Signalling
    • Communication
    • Power Distribution
  • Global Railway Connectors Market, By Rail Type:
    • Film-Based Imaging
    • Digital Imaging
  • Global Railway Connectors Market, By Region:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
  • Company Profiles
    • Amphenol Sine Systems. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
    • Easterline Technologies
    • Fischer Connectors SA
    • Harting Technology
    • HUBER+SUHNER
    • ITT Inc.
    • Molex Incorporated
    • Nexans
    • Radiall VanSystem S.r.l
    • Schaltbau GmbH
    • Sichuan Yonggui Science and Technology
    • Smiths Interconnect
    • Staubli Electrical Connectors
    • TE Connectivity
    • TT Electronics.

*Browse all the market data tables and figures on “Railway connectors Market- Global Forecast to 2028”

Frequently Asked Questions

The global railway connectors market is expected to reach US$ 922.3 million by 2023.
The market is expected to exhibit a CAGR of 5.3% during the forecast period (2022-2030).
The increasing adoption of ERTMS (European Rail Traffic Management System) which is utilized for railway traffic management and railway communication is expected to drive the growth of the market during the forecast period.
Among type, the data connector segment held the highest market share in the year 2021 and is expected to retain its market share over the forecast period, owing to efficient transfer of data for monitoring and testing the railway network and the ability to quickly identify areas where maintenance work is required. Applications of data connectors include railway infotainment systems, consumer ports, cameras, display units, and others. Moreover, technological advancements such as higher data transmission rate and the use of optical fiber are further expected to propel the segment growth.
Europe held the largest share in the market in 2021, accounting for 44% share in terms of value.
Key players operating in the market include Amphenol Sine Systems, Easterline Technologies, Fischer Connectors SA, Harting Technology, HUBER+SUHNER, ITT Inc., Molex Incorporated, Nexans, Radiall VanSystem S.r.l, Schaltbau GmbH, Sichuan Yonggui Science and Technology, Smiths Interconnect, Staubli Electrical Connectors, TE Connectivity, and TT Electronics.

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