Board-to-Board Connectors Market Share

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 2036. 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.