Lewes, DE -- (SBWIRE) -- 02/21/2017 -- Report forecast the global printed circuit board connectors market to grow at a CAGR of 3% during the period 2017-2021.

A printed circuit board connector, or PCB connector, includes housing and a certain number of terminals to connect electronic components, which contain a conductive pattern printed on the surface of the insulating base, with each terminal on a PCB connector connected to a PCB.

The report covers the present scenario and the growth prospects of the global printed circuit board connectors market for 2017-2021. To calculate the market size, the report considers the demand for PCB connectors from various end-users such as telecom/datacom, industrial and automotive.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the major drivers for this market is miniaturization of electronic devices. The increased focus on R&D and technological advances have spurred the demand for reliable and compact electronic devices. This has led to the growing demand for miniaturized and reliable PCB connectors. Miniaturized PCB connectors not only reduce space requirements but also help lower the weight of the device.

Further, the report states that one of the major factors hindering the growth of this market is increase in wage rate and competition. Rising wage rates and the increase in the manufacturing cost of connectors affect the financials of connector manufacturers adversely, leading to lower profit margins, which, in turn, results in low investment in R&D. There is also growing competition in the components market.

Global Printed Circuit Board Connectors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global printed circuit board connectors market: Amphenol, Hon Hai/ Foxconn, Molex, and TE Connectivity.

Other Prominent Vendors in the market are: 3M, ABB, HARTING Technology Group, Hirose Electric, JAE, METZ CONNECT, Phoenix Contact, and Rosenberger.

Market driver
- Miniaturization of electronic devices
- For a full, detailed list, view our report

Market challenge
- Increase in wage rate and competition
- For a full, detailed list, view our report

Market trend
- Rise in adoption of automotive electronics
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 111 pages and 45 Exhibits "Global Printed Circuit Board Connectors Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Geographical segmentation, Market drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-printed-circuit-board-connectors-market-2017-2021

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