- The key vendors in the Global Industrial Connector Market 2014-2018 are Amphenol Corp., HARTING Technology Group, Molex and TE Connectivity Ltd.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Industrial Connector Market 2014-2018. One key trend upcoming in the market is the growth in the renewable energy sector in countries such as the US and Germany. This has increased the demand for connectors used in the Renewable Energy sector. The Global Industrial Connector market is expected to grow at a CAGR of 7.77 percent during 2014-2018.
“Many large vendors and emerging contenders in the market are employing M&A strategies to enhance their market presence,” says Faisal Ghaus, Vice President of TechNavio Research.
“To access the untapped markets worldwide, a number of M&A and strategic alliances are expected to take place in the market during the forecast period. The vendors are entering into alliances with regional, small, and large companies to increase their market share. In addition, this strategy to increase a company’s presence and market share also enhances its distribution channels and improves its market reach.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
