Industrial USB Connectors Market Introduction
- Industrial universal serial bus (USB) connectors are high speed connectivity devices enabling simple plug and play connection to devices such as digital cameras, modems, keyboards, camcorders, and mouse.
- Industrial devices and networks need a direct interface to connect a PC for data collection, monitoring and programming. This direct connection is provided by the industrial USB connector.
- Industrial USB connectors are also used in industries for permanent installations for data acquisition systems and short-term diagnostics that require simple and fast set up.
- Industrial USB connectors are perfect for harsh commercial and industrial applications, where a robust and secure connection is mandatory.
- Industrial USB connectors are used in several applications which includes factory automation, barcode scanners, industrial computers, industrial controllers, and motion and process controls.
- The global industrial USB connectors market is expected to expand at a rapid pace during the forecast period due to increase in demand for industrial USB connectors from the medical sector and industrial automation.
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Key Drivers and Restraints of the Industrial USB Connectors Market
- Rise in urban population and increase in commercial activity along with increased industrial manufacturing and infrastructure development is resulting in enhanced demand for industrial USB connectors, which is anticipated to propel the industrial USB connectors market in the near future.
- Rise in the number of data centers across the globe is anticipated to fuel the demand for industrial USB connectors in the upcoming years.
- Increasing automation and rapid change in technologies in industrial sectors is expected to spur the need for industrial USB connectors.
- Industrial USB connectors provide reliable connectivity, high performance, and efficiency, which are some of the major factors expected to boost the industrial USB market in the forthcoming years.
- Furthermore, increasing investments by governments to improve connectivity within the industrial sector is projected to boost the demand for industrial USB connectors in the next few years.
- The increasing need for high speed internet connection along with the rising internet penetration is the major factor propelling the growth of the industrial USB connector market.
- Evolution of Industry 4.0 and implementation of IIoT enabled machinery in the industrial sector pushes the need for more computers, modems etc. which indirectly influences the demand for industrial USB connectors.
- Lack of trained staff to perform plug and play connection to devices is expected to hamper the demand for industrial USB connectors in the next few years.
North America to Hold Major Share of the Global Industrial USB Connectors Market
- In terms of region, the global industrial USB connectors market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
- North America dominated the global industrial USB connectors market, accounting for largest share due to mature industrialization and complete mechanization in industries in the region. The U.S. is the key market in North America due to high demand for industrial USB connectors in the country. Europe is anticipated to hold the second largest share of the industrial USB connectors market.
- Asia Pacific is likely to witness significantly high demand for industrial USB connectors from 2019 to 2027. Major developing countries such as China and India are expected to drive the market in the region.
- Furthermore, rise in industrialization in the region has boosted the adoption of computers and modems, which is likely to indirectly influence the demand for industrial USB connectors in the region.
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Industrial USB Connectors Market- Competitive Landscape
Key Players Operating in the Global Industrial USB Connectors Market
Several well-established players operate in the industrial USB connectors market. Thus, the market is consolidated and the bargaining power of suppliers is high. The degree of competition among market players is also high. Manufacturers of industrial USB connectors adopt the vital strategy of new product development with advanced technology to cater to the needs of different end-users. Key players operating in the global industrial USB connectors market include:
- Amphenol LTW Technology Co., Ltd.
- Bulgin Limited
- EDAC Inc.
- Hirose Electric Co., Ltd.
- Kycon, Inc.
- Molex Inc.
- OMRON Corporation
- Parallax Inc.
- SAMTEC, Inc.
- TE Connectivity Limited
Industrial USB Connectors Market: Research Scope
Global Industrial USB Connectors Market Segmentation, by Type
- Industrial USB Type A
- Industrial USB Type B
- Industrial USB Type C
