Europe Railway Connectors Market Report 2020 - Ongoing Technological Advancements Such as the Adoption of Driverless Trains
Dublin, Nov. 06, 2020 (GLOBE NEWSWIRE) -- The "Europe Railway Connectors Market By Connector Type (Broad Level Connectors/PCB Connectors, Power Connectors, Pogo Pin Connectors/Spring Load Connectors, Others), By Size, By Platform, By Application, By Country, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The European Railway Connectors Market is expected to grow at a steady rate of around 5% during the forecast period
The European Railway Connectors Market is driven by the growing tourism industry in the region. Further ongoing technological advancements such as the adoption of driverless trains by several countries in the region is further expected to propel the market during forecast period.
The European Railway Connectors Market is segmented based on connector type, size, platform, application, company and regional distribution. Based on size, the market can be bifurcated into connectors body and backshell. The connectors body segment is expected to dominate the market on account of the various benefits such as easy customization with standard modules and space saving offered by it. Based on platform, the market can be divided into rolling stock and signaling/infrastructure. The rolling stock segment holds a significant market share since it is more efficient than any other available platform and is also cost-effective.
Major players operating in the European Railway Connectors Market include TE Connectivity, Amphenol Corporation, Molex Incorporated, ITT, Smiths Interconnect, Fischer Connectors, Esterline Technologies, Schaltbau, Sichuan Yonggui Science and Technology, TT Electronics and others.
The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, in September 2018, TE Connectivity launched new 124 position Sliver internal I/O connectors and cable assemblies, which provide a high-density solution that enables up to x20 signal transmission lanes, or 40 differential pairs.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Key Target Audience:
Railway connectors manufacturers, suppliers, distributors and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to railway connectors
Market research and consulting firms
Report Scope:
In this report, the European Railway Connectors Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Connector Type:
Broad Level Connectors/PCB Connectors
Power Connectors
RF/HF Coaxial Connectors
Data Connectors
Pogo Pin Connectors/Spring Load Connectors
Modular & Mix Connectors
Market, By Size:
Connectors Body
Backshell
Market, By Platform:
Rolling Stock
Signaling/Infrastructure
Market, By Application:
Diesel Multiple Units (DMUs)
Electric Multiple Units (EMUs)
Light Rails/Trams
Subways/Metros
Passenger Coaches
Market, By Country:
United Kingdom
France
Germany
Italy
Spain
Companies Mentioned
Te Connectivity
Amphenol Corporation
Molex Incorporated
ITT
Smiths Interconnect
Fischer Connectors
Esterline Technologies
Schaltbau
Sichuan Yonggui Science and Technology
TT Electronics
For more information about this report visit https://www.researchandmarkets.com/r/f7f200
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