Growing Importance of Electrical Interconnects in Manufacturing High Performing, Reliable, Fault/Fail Proof Electronics Drives Global Demand for Connectors
Design improvements, miniaturization and high functionality in a wide range of industries; growth in fiber optic deployments; rising importance of industrial automation; increasing demand for communication devices; and growing electronification in the automotive sector are poised to drive the global market for Connectors to reach US$91.1 billion by 2024 . As critical components in innumerable electronic devices and extension cable assemblies, connectors find widespread use in a gamut of applications and are available in variety of types ranging from Power Connectors, Audio Connectors, Modular (Telephone) Connectors, BNC and UHF Connectors, D-Shell Connectors, Edge Connector, Insulation Displacement Connectors (IDCs), 8P8C Connectors, D-Subminiature Connectors to USB Connectors. There will always exist a steady and secure market for connectors given that electronics has evolved into the grease that oils the smooth functioning of virtually all sectors of th...