Board-to-Board Connectors Market size was valued at USD 12.06 billion in 2024 and is projected to reach USD 24.79 billion by the end of 2037, registering around 5.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of board-to-board connectors is assessed at USD 12.61 billion. Increasing demand for high-speed data transfer is a major driver behind the growth of the global board to board connectors market. The growing need for rapid and efficient data exchange in different sectors and applications is at the heart of this driver. A major driver of the demand for high-speed data transfer is the worldwide deployment of 5G technology. The 5G network offers a tremendous increase in data transfer rates, reduced latency, and improved network reliability. In 2021, Japan's National Institute for Information and Communications Technology set a world record of 319 Tbps long-distance data transmission over 1,864 km, at which time it delivered the highest transfer speed ever
Rapid technological improvements in several sectors, including electronics and telecommunications, are having a major impact on the market for board to deck connectors. Due to the continued development of electronic devices and developments in many sectors, it is necessary to use sophisticated connectors to address constantly increasing connectivity demands. Examples of consumer electronics that are constantly developing new features and functions are smartphones, tablets, and wristwatches.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.7% |
|
Base Year Market Size (2024) |
USD 12.06 billion |
|
Forecast Year Market Size (2037) |
USD 24.79 billion |
|
Regional Synopsis |
|
Component (Pin Header, Socket)
In terms of components, the pin header segment in the board-to-board connectors market is expected to hold the highest revenue share of 80% by 2037. Compared with other types of board to board connectors, pin headers are often more affordable. They are competitively priced and extremely easy to manufacture because of their simple structure and design. In applications requiring multiple connectors or where the cost is essential, pin headers are frequently applied due to their affordability. The Pin headers are also user-friendly and simple to set up.
End Use (Consumer Electronics, Industrial Automation, Telecommunication, Automotive, Healthcare, Energy & Power)
Based on end use, the telecommunication segment in the board-to-board connectors market is predicted to hold the fastest growth in the estimated period. Particularly in base stations & switches, board-to-board connectors are broadly utilized in communications hardware. Tall levels of adaptability are given, and it is basic to overhaul and increment capacity. Furthermore, they empower distinctive information rates and give exceptional EMI protection. Board-to-board interfacing will end up indeed more pivotal in communications applications as requests for bigger transfer speeds rise.
Our in-depth analysis of the global board-to-board connectors market includes the following segments:
|
Component |
|
|
Type |
|
|
End Use |
|
APAC Market Forecasts
The Asia Pacific region is set to dominate the board-to-board connectors market registering a growth of 33% by the end of 2037. The region is the worldwide fabricating epicenter; nations counting China account for the gigantic generation of buyer gadgets. This fabricating ability makes a considerable request for connectors in different electronic gadgets. Quick urbanization over the Asia Pacific is additionally fueling framework advancement, which is moving the requirement for connectors in development & transportation ventures. The rising penetration of the Internet of Things within the locale is creating profitable openings for connectors as they frame the spine of loT systems. This sector has progressed significantly, and by 2021 it is expected to achieve a global revenue of US$ 520 billion. The Asia Pacific region is expected to generate the most revenue from the Internet of Things by 2023. The Asia Pacific car industry is additionally enlisting fast development, with connectors being the basic components in Advanced Driver-Assistance Systems & Electric Vehicle innovations.
North American Market Statistics
The board-to-board connectors market in the North American region is set to hold substantial growth during the studied period. Rising penetration of smartphones, tablets, and smart home devices drives demand for connectors in these products. Over the last few years, the penetration rate of smartphones in the US has steadily increased, reaching around 92 percent in 2023. Furthermore, growing investment in advanced military systems and commercial aircraft creates opportunities for specialized connectors—demand for long-lasting and dependable connectivity in harsh environments such as automotive and industrial applications.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?