What is the size of the Cable Connector Market?
According to 6Wresearch internal database and industry insights, the Cable Connector Market was estimated at USD 79 billion in 2024 and is projected to reach USD 118 billion by 2031, growing at a CAGR of 6.2% during the forecast period 2025–2031.
Due to the rising need for high-speed data transmission, growing consumer electronics demand, and increased connectivity in industrial and automotive sectors, the cable connector market is predicted to grow in the coming years.
Key Growth Factors of the Cable Connector Market
- Growth in data centres and high-speed internet infrastructure
- Expansion of IoT and smart devices
- Rising demand in automotive electronics and EVs
- Increased industrial automation and robotics
- Development of 5G and fibre optic networks
Cable Connector Market Trends
The cable connector market is moving forward with notable trends such as a shift toward compact, high-performance connectors for faster data transfer and signal integrity. Also, the waterproof and ruggedized connectors are gaining popularity in defence, aerospace, and industrial environments. Further, the USB Type-C and fibre-optic connectors are in high demand due to the need for faster, multi-functional, and durable solutions. And, custom-designed connectors for EVs and autonomous vehicles are also seeing growing traction.
Emerging Developments in the Cable Connector Market
Cable connector market is developing with advancements in magnetic and wireless connectors which are enhancing safety and durability. Also, the smart connectors with self-diagnosis and error detection features are emerging, improving system reliability. Further, the eco-friendly materials and recyclable designs are being introduced to meet sustainability goals. Moreover, miniaturization and integration of power/data in one connector are being adopted across compact electronic devices and wearables.
Leading Companies in the Cable Connector Market
- TE Connectivity
- Amphenol Corporation
- Molex LLC
- Hirose Electric Co., Ltd.
- Belden Inc.
- Phoenix Contact
- ITT Inc.
- Delphi Technologies
- 3M Company
- Japan Aviation Electronics Industry, Ltd. (JAE)
How big is the Cable Connector Market : FAQ's
The cable connector market was estimated at USD 79 billion in 2024 and is expected to reach USD 118 billion by 2031.
TE Connectivity, Amphenol Corporation, Molex LLC are the top leading players of the market.
Telecom, automotive, industrial automation, consumer electronics, and aerospace.
Miniaturization, ruggedization, smart connectors, and rising use in 5G and EVs.
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