Market Research Future published a research report on “Card Connector Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India -- (SBWIRE) -- 03/22/2018 -- Market Highlights:
The global card connector market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The Card Connector Market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the card connector market compete on the basis of the factors such as pricing, technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.
The key players in the global card connector system market include- TE Connectivity Ltd (Switzerland), Molex Incorporated (U.S.), The 3M Company (U.S.), Amphenol Corporation (U.S.), Cinch Connectivity Solutions (U.S.), Vishay Intertechnology, Inc. (U.S.), HARTING Technology Group (Germany), Yamaichi Electronics Co., Ltd. (Japan), Hirose Electric Co., Ltd. (Japan), AVX Corporation (U.S.), CW Industries(U.S.), Kycon, Inc. (U.S.), Eaton Corporation Plc (Republic of Ireland) and CW Industries(U.S.) among others.
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The global card connector market is expected to grow significantly over the forecast period, 2017-2023. Consumer durables segment of card connector market globally drives the market majorly due to increasing demand for smart mobile devices. The market is expected to have higher growth rate as compared to the previous years. The global card connector market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World.
Asia-Pacific region is expected to grow at a fast pace over the forecast period, 2017-2023. Countries such as Japan, China and India contributes largely to the overall market share. The reason is attributed to the increasing number of manufacturers, stringent government regulations, growing advancement and increasing adoption of high end technology in the field of measurement equipment, control equipment, measurement devices are boosting the growth of card connector market in this region.
North-America accounted for the largest market share. Countries such as U.S. and Canada contributes largely to the overall market share. The reason is attributed to the growing healthcare sector and growing demand for advanced technological solutions and high investments by the manufacturers to manufacture new product portfolios to survive in the market.
For the purpose of this study, Market Research Future has segmented the market of card connector market into type, application and region.
- Edge Card
- SIM Card
- Memory Card
- PC Card
- Consumer Durables
- Electronic Appliances
- Mechanical Appliances
- Electrical Equipment
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- Device manufacturers
- Network Operators
- Research firms
- Software Developers
- Commercial Banks
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
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