Card Connector Market | Contrive Datum Insights

The Card Connector Market Was Valued At US$ 995.67 Mn. In 2022 Global Card Connector Market Size Is Estimated To Grow At A CAGR Of 6.27%.

Card Connector Market Overview:

A card connector is a connecting device used to transfer files or some important data from one device to another and is widely used in many fields. Card connectors are also used for cards such as SIM cards, memory cards, and other PC cards. Card connectors have wide applications in many fields, and companies around the world are adopting cards to make their business processes easier. Card connectors are a cost-effective tool and high demand for card connectors is fueling the growth of the card connector market. Card connectors offer advantages such as ruggedness, durability, reliability, simple design and high performance which are major contributors to the growth of the card connector market.

Adoption of card connectors in all segments such as electronic devices and high-end devices is expected to drive the card connector market demand. The global card connector market is expected to gain huge demand owing to the increasing level of automation in the industrial sector. Increased development in the research and development sector has increased the size of the card connector market. The growing gaming segment and the need for edge card connectors in gaming devices are fueling the card connector market growth. Edge card connectors are also used in LED lighting, so the market for card connectors is growing as the application of LED lighting increases.

The card connector market is expected to grow at a high CAGR rate over the forecast period owing to the increasing demand for card connectors in many devices. Presence of advanced technologies and increasing demand for control equipment will drive the growth of the market. Many industries use card connectors to transmit sensitive data, primarily in the private and government sectors. Along with the card connector market, the coming years are expected to see growth in the card connector market trends and major players will play a significant role here.

Card Connector market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Card Connector market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• 2021 will see Intel's Xe-HPG DG2 graphics card launch.

• In May 2019: TE Connectivity (TE) launched its new Sliver card edge connectors have been adopted as the standard connector design into the SNIA (Storage Networking Industry Association) Small Form Factor Technology Work Group’s SFF-TA-1002 specification and are the highest-performing card edge connectors in the standard.

Major Market Segments Covered in Card Connector Industry Research:

Market Key Players:
TE Connectivity Ltd, Molex Incorporated, The 3M Company, Amphenol Corporation, Cinch Connectivity Solutions, Vishay Intertechnology, Inc., HARTING Technology Group, Yamaichi Electronics Co., Ltd., Hirose Electric Co., Ltd., AVX Corporation, CW Industries, Kycon, Inc., Eaton Corporation Plc, Gtk, Mouser electronics, Samtec

By Type:

• Edge Card
• SIM Card
• Memory Card
• PC Card
• Others

By Application:

• Consumer Durables
• Electronic Appliances
• Mechanical Appliances
• Electrical Equipment
• Others

By Region:

North America accounted for the largest market share in 2019. The United States and Canada are the major key contributors to market growth in the region. This growth is attributed to increased investment in advanced technology solutions and high adoption of card connector solutions in various electronic applications. Additionally, the low operating cost of card connectors is driving the growth of the market in this region.

Technology innovation and research in the card connector industry supports the adoption of card connectors throughout the region. Growing adoption of card connectors at the level of automation in the industrial sector is one of the major drivers for the growth of the Asia Pacific market. Presence of small and medium sized and large IT organizations, large consumer population for electronics are some of the driving factors for the growth of the market. The growing gaming sector in developing countries is expected to boost the demand for edge card connectors in gaming devices. Edge card connectors are also widely used in LED lighting. Adoption of advanced technology, demand for control equipment, and adoption of card connectors to transmit business-critical data are driving the market growth.

The purpose of the report is to present a comprehensive analysis of the global card connector market to industry stakeholders. The historical and current status of the industry, as well as the expected market size and trends, is presented in the report by analyzing complex data in simple language. The report covers every aspect of the industry with a dedicated study of key players including market leaders, followers and new entrants.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Market Drivers:

Market drivers are driving the card edge connector market growth and one of the major market drivers is technological advancement. Technology has developed rapidly around the world, and with it the demand for advanced devices such as card connectors has increased. Another driver is the growing demand for the gaming sector. Today, the gaming sector has a huge demand and will grow further in the future, gaming devices use card connectors and with the expansion of the gaming sector, the card connector market will also increase. The application of card connectors to medical devices and control equipment will also increase card connector market demand. The card edge LCP connector market and the memory card connector market will see tremendous growth due to the need for memory card connectors in various industries. Increase in IoT devices will also drive the global card connector market. Card connectors are widely used in phones, computers and other IoT devices. The demand for smaller and thinner connectors has increased over the past few years, and thinner connectors are needed to withstand higher temperatures. It is primarily used in military, electronics, aerospace and defense sectors, and its wide range of uses drives the market growth.

Market Opportunities:

Card connectors offer outstanding longevity, durability and engineering. The need for durable and cost-effective card connectors will bring many opportunities to the card connector market. Increasing R&D activities in card connectors will create new opportunities in the market. Card connectors are used in SIM cards and as the number of mobile phones increases worldwide, the card connector industry will see positive results.

Market Restraints:

There are many factors restraining the growth of the market. One of the main constraints is the low weld. Low welds have become a constraint in the market due to their lack of strength. Failure of direct access to printed circuit boards is another constraint on the market. Connectivity issues can occur from time to time, which has become a market constraint.

Market Challenges:

The market faces challenges like any other market, and one of the major challenges for the market is the lack of technological advancement in underdeveloped regions. Card connectors are high technology, but in some regions people are not familiar with them and are using traditional technology. As a result, it has become a major challenge for the market. Another issue is the lack of knowledge about the benefits of card connectors in the industry.

Card Connector Market report scope:

Key Takeaways from this Card Connector Report

• Estimate Card Connector market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Card Connector market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Card Connector market?

The Card Connector Market is growing at a CAGR of 6.2% During Forecast Period.

What are the key types of Card Connector market?

Edge Card, SIM Card, Memory Card, PC Card, Others

What are the key applications of Card Connector market?

Consumer Durables, Electronic Appliances, Mechanical Appliances, Electrical Equipment, Others

Who are the key players in Card Connector market?

TE Connectivity Ltd, Molex Incorporated, The 3M Company, Amphenol Corporation, Cinch Connectivity Solutions, Vishay Intertechnology, Inc., HARTING Technology Group, Yamaichi Electronics Co., Ltd., Hirose Electric Co., Ltd., AVX Corporation, CW Industries, Kycon, Inc., Eaton Corporation Plc, Gtk, Mouser electronics, Samtec