Lucintel’s latest market report analyzed that sealed connector provides attractive opportunities in the automotive market. The sealed connector market is expected to reach $5.9 billion by 2027 with a CAGR of 4.3%. In this market, automotive is the largest segment by end use industry, whereas rectangular connector is largest by product type. Development of nano sealed connector and emergence of high voltage/high current sealed connector provides strategic growth path in this market.
Based on end use industry, the sealed connector market is segmented into defense, semiconductor, life science, oil & gas, automotive, and others. The automotive segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to increasing number of electronic components and advanced safety features in vehicles.
Browse in-depth TOC on “Sealed Connector Market”
84 – Tables
79 – Figures
161 – Pages
The Sealed Connector Market is marked by the presence of several big and small players. Some of the prominent players offering sealed connector include TE Connectivity, Molex, Hermetic Seal Corp, Detoronics Corp, National Standard Parts Associates, Bulgin, Robert Bosch GmbH, JST Manufacturing Co. Ltd, Hirose Electric Co., Ltd., and Yazaki.
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