Product Code: ETC026864 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India connectors market import shipment demonstrated strong growth with a CAGR of 17.1% from 2020 to 2024. However, there was a slight slowdown in the growth rate between 2023 and 2024 at 3.5%. Overall, the market expanded significantly, showing positive momentum and a consistent upward trend during the period.
The India Connectors Market is anticipated to witness a CAGR of 6.8% during the forecast period (2025-2031). The growth in the market can be attributed to various factors such as the rapid development of manufacturing and industrial sectors, increasing disposable incomes, rising trend of miniaturization in consumer electronics & automotive industries, government initiatives towards Make in India projects, and increasing demand from telecommunications sector.
1. Rapid Development of Manufacturing and Industrial Sectors: The Indian economy has seen significant economic progress over recent years due to favorable policies implemented by the government for encouraging foreign investment as well as domestic production activities. This has resulted in an increase in investments across several industry verticals like automobiles, consumer durables, power electronics etc., which are driving up the sale and demand for connectors in India.
2. Increasing Disposable Incomes: There have been steady rises in disposable incomes throughout India since 2013 that have encouraged households to invest more on consumer products like laptops, smartphones etc., leading to increased sales of connectors among these product segments. Furthermore with rising wages there is an increased propensity among people to buy electronic products at cheaper prices resulting into higher use of lower priced connector solutions which include USB C type connectors or other similar low cost solutions
3 Trend Towards Miniaturization within Consumer Electronics & Automotive Industries: With advancements being made every day within consumer electronics like TVs or smartphones manufacturers are continually reducing their size while trying maintain functionality at same time leading them toward investing heavily into miniaturizing components including connectors because they need fewer connections plus lesser space requirements however still require reliable data transmission capabilities
1 Competition From Low Cost Producers Abroad : Due to high competition from producers abroad offering low cost alternatives it becomes difficult for local producers operate without making some considerable losses even if they possess good quality product offerings . Moreover most foreign suppliers import parts from China or Taiwan which allows them keep costs under control due lack economies scale thus providing further advantage over local players.
2 Lack Of Latest Technology Availability : Most local suppliers due lack technical expertise find it hard develop latest designs keeping up with technological advancement hence cannot compete against international brands who offer better designed components than what currently exists locally
3 High Prices : High prices charged by domestic user base also act major hurdle when comes competing against global counterparts because many customers tend favor buying cheap imported goods rather than paying premium price for something manufactured locally
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Connectors Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Connectors Market Revenues & Volume, 2021 & 2031F |
3.3 India Connectors Market - Industry Life Cycle |
3.4 India Connectors Market - Porter's Five Forces |
3.5 India Connectors Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Connectors Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 India Connectors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced technologies in industries requiring connectors |
4.2.2 Growth in automotive sector leading to higher demand for connectors |
4.2.3 Expansion of telecommunication networks driving the need for connectors |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting production costs |
4.3.2 Intense competition among market players leading to price wars and reduced profit margins |
5 India Connectors Market Trends |
6 India Connectors Market, By Types |
6.1 India Connectors Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Connectors Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Connectors Market Revenues & Volume, By PCB (Printed circuit board) Connectors, 2021-2031F |
6.1.4 India Connectors Market Revenues & Volume, By Rectangular I/O, 2021-2031F |
6.1.5 India Connectors Market Revenues & Volume, By Application Specific Connectors, 2021-2031F |
6.1.6 India Connectors Market Revenues & Volume, By Fiber Optic Connectors, 2021-2031F |
6.1.7 India Connectors Market Revenues & Volume, By RF (Radio Frequency) Coax, 2021-2031F |
6.1.8 India Connectors Market Revenues & Volume, By Circular Connectors, 2021-2031F |
6.1.9 India Connectors Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 India Connectors Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Connectors Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 India Connectors Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.3 India Connectors Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 India Connectors Market Revenues & Volume, By Computer and Peripherals, 2021-2031F |
6.2.5 India Connectors Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.6 India Connectors Market Revenues & Volume, By Telecom/Datacom, 2021-2031F |
6.2.7 India Connectors Market Revenues & Volume, By Others, 2021-2031F |
7 India Connectors Market Import-Export Trade Statistics |
7.1 India Connectors Market Export to Major Countries |
7.2 India Connectors Market Imports from Major Countries |
8 India Connectors Market Key Performance Indicators |
8.1 Number of new product launches in the connector market |
8.2 Investment in RD for connector technology advancements |
8.3 Number of partnerships or collaborations within the connector industry |
8.4 Adoption rate of connectors in emerging industries |
8.5 Percentage of connectors with advanced features or technologies |
9 India Connectors Market - Opportunity Assessment |
9.1 India Connectors Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Connectors Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 India Connectors Market - Competitive Landscape |
10.1 India Connectors Market Revenue Share, By Companies, 2024 |
10.2 India Connectors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |