PCB Connector Market Analysis

Type (Board-to-Board Connectors, Wire-to-Board Connectors, Power Connectors, RF Connectors, Optical Connectors, Pin Header Connectors, USB Connectors, Others)

The board-to-board connectors segment in the PCB connector market is projected to gather the highest revenue share of 30% during the forecast period. The growth of the segment is set to be influenced by the rise in several data centers. As of December 2023, there were roughly 10,976 data center installations worldwide. Hence, board-to-board connectors, with their polarized, flame-retardant housings that safeguard connections in challenging situations, offer dependable, high-speed data transfer with improved clarity to data centers. Further, there has been a surge in the integration of IoT and edge computing in board-to-board connectors. The demand for board-to-board connectors for enabling connectivity between devices, sensors, and edge computing modules is driven by the growing adoption of loT devices and edge computing solutions. This allows for connectors with specific properties such as low power consumption, secure connections, and strong designs for loT and edge computing applications. In the industrial sector, for instance, "edge computing" is used to monitor and manage manufacturing processes in real-time. At the network's edge, board-to-board connectors facilitate the efficient conveyance of data and decision-making by connecting sensors, actuators, and processing units.

End-Use Industry (Telecom, Transportation, Automotive, Industrial, Computer & Peripherals, Aerospace & Defense, Power & Energy)

The automotive segment in the PCB connector market is projected to gather the highest revenue share of close to 35% in the coming years. Automotive electronics, including GPS, anti-lock brake systems, engine controls, rearview cameras, and front lights, employ PCB connectors. Additionally, with the growing demand for autonomous vehicles, the market is expected to grow more further. However, safety is one of the crucial factors in autonomous vehicles. Lane departure systems, sleepy driver alert systems, blind spot recognition, and other features are instances of safety features. Hence, PCB connectors are needed for these systems. PCBs inside the cabin regulate the interior climate, entertainment systems, and navigation.

Our in-depth analysis of the global PCB connector market includes the following segments: