The global card connector market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The Card Connector Market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the card connector market compete on the basis of the factors such as pricing, technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.
The key players in the global card connector system market include- TE Connectivity Ltd (Switzerland), Molex Incorporated (U.S.), The 3M Company (U.S.), Amphenol Corporation (U.S.), Cinch Connectivity Solutions (U.S.), Vishay Intertechnology, Inc. (U.S.), HARTING Technology Group (Germany), Yamaichi Electronics Co., Ltd. (Japan), Hirose Electric Co., Ltd. (Japan), AVX Corporation (U.S.), CW Industries(U.S.), Kycon, Inc. (U.S.), Eaton Corporation Plc (Republic of Ireland) and CW Industries(U.S.) among others.
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High implementation of card connectors in the electronic appliances
Card connectors are widely adopted by the electronic appliances industry. For instance, Yamaichi Electronics Co manufacture memory card connectors which are connectors for mobile memory products for various devices ranging from consumer electronics to portable industrial measurement equipment. Also, the SD memory card has become the most popular form of memory card connector. Nowadays, electronic devices such as digital cameras and smart phones among others require large capacity to store data. For example, a memory card connector is used for data transmission from an electronic device to a memory card.
Regionally, North-America accounted for the largest market share from countries such U.S. among others. The reason is attributed to the increasing investments for these technological solutions, adoption of these card connector solutions by various domains and low operational cost.
However, Asia-Pacific region is expected to grow over the forecast period, 2017-2023. The reason is attributed to presence of large number of electronic manufacturers, growing demand for high end technology and the increasing adoption of these solutions by electrical equipment sectors.
For the purpose of this study, Market Research Future has segmented the market of card connector market into type, application and region.
- Edge Card
- SIM Card
- Memory Card
- PC Card
- Consumer Durables
- Electronic Appliances
- Mechanical Appliances
- Electrical Equipment
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- Device manufacturers
- Network Operators
- Research firms
- Software Developers
- Commercial Banks
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
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