Contactless Connector Market to Reach USD 700 Million by 2020

Wilmington, Delaware, United States, Transparency Market Research Inc. – , July 12, 2024 (GLOBE NEWSWIRE) — Global contactless connector market (The name of the person) it was designed reach $330 million in 2023. The aim is to gain 6.8% CAGR With 2024 to 2034and until 2034 The market is expected to reach US$700 million.

The latest technological advancement in electronic systems is the contactless connector, which allows data or energy to be connected without physical contact. This new type of connection transmits energy or data through insulating materials or air gaps via inductive coupling or electromagnetic fields.

Contactless connectors have many applications, including data transmission systems, wireless charging platforms, as well as in the production of modern medical equipment, automotive parts and industrial devices.

Download a sample brochure in PDF format: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86046

The advantages of these devices include reduced wear, high reliability and increased resistance to environmental factors, including vibration, moisture and dust.

As a result, contactless charging connectors play a key role in extending the lifespan of devices, reducing damage compared to conventional connectors, and creating more reliable and durable electronic products.

Key findings of the market report

Data transfer and power distribution between connected devices are made easier with contactless connectors. They enable loT devices to communicate. They enable the connection of different sensors, actuators and controls without the limitations of physical connections.
The trend towards connected devices such as smartphones, tablets, wearables, IoT devices and automotive systems is driven by the need for flexible and networked systems that can handle the increasing complexity and scale of IoT installations.
Contactless charging connectors have the advantage of simplifying and increasing the flexibility of device development. Studies indicate that by 2023, global spending on Internet of Things (IoT) Technology It was expected to reach USD 805.0 billion.

Market Trends for Non-Contact Connectors

Contactless connectors enable seamless wireless communication between different devices, sensors and equipment, enhancing user experience and promoting interoperability.
Smart home ecosystems are spreading around the world, especially in wealthy countries. As more consumers adopt connected gadgets like voice assistants, security cameras and smart thermostats, the need for contactless connections is growing.
The opportunities for significant development in the rapidly growing smart home industry are created by such connections, which enable reliable and convenient communication without the limitations of a physical connection.
The need for stronger networks in residential areas has increased due to the growing popularity of smart homes and the increasing reliance on consumer gadgets such as laptops, tablets and smartphones for communication, entertainment and business purposes.

Global Contactless Connector Market: Regional Outlook

Various reasons are driving the growth of the contactless connector market across regions. These include:

Asia and Pacific According to the latest market data, they will account for most of the global contactless calls market in 2023.
The Asia-Pacific market is growing due to the increasing penetration of consumer electronics devices, including laptops, tablets and smartphones, as well as the growing demand for IoT-enabled products in both home and business applications.
From 2024 to 2034 North America The market share of contactless connections is expected to continue to grow.
Since most people own smartphones, tablets and laptops, high rates of mobile data consumption are driving market growth in North America.
Businesses operating in the region have discovered that there are business opportunities for contactless connections due to the growing popularity of IoT-enabled devices and the demand for faster data transmissions for communication, entertainment and commerce purposes.

Unlock the growth potential of your industry! Download PDF brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86046

Global Contactless Connector Market (English: English: End): Key players

Since there is no need for physical connections, companies operating in the global contactless connector market are working to improve their manufacturability, configurability, testability and production speed.

In addition, they produce contactless connections for use in applications where speed of response is important, such as automation, and conduct development work.

The following companies operate in the global contactless connector market:

STMicroelectronics
TE Connectivity
Molex
Rosenberger Hochfrequenztechnik GmbH & Co. KG
Radial
Weidmüller
Home
Contact Phoenix
Cell
Omega Engineering Inc.
Powermat India
Ezurio
ALTEC CAR
Samtec Inc.
Conextivity Group S.A.
Powercast Corporation
Mojo Mobility Inc.
News

Key events

In September 2023, Molex introduced the MX60 line of contactless connectivity solutions. Miniaturized mmWave RF transceivers and integrated antennas feature in these low-power, high-speed semiconductor devices that enable faster, easier communication between devices without the need for external cables or connectors.

Send email directly here with details: [email protected]

Global Non-Contact Connector Market Segmentation

Type
- Contactless data connector
- Contactless power and data connector
Mode of operation
- Simplex
- Half duplex
- Full duplex
Technology
- RF
- A magnetic field
- Capacitive coupling
- Others
Data transfer speed
- 1 Gbps
- 1 – 3 Gbps
- 3 – 5 Gbps
- 5 Gbps and more
App
- Super-fast USB port
- Gigabit Ethernet
- DisplayPort
- PROFINET
- EtherCAT
- Single Pair Ethernet (SPE)
- Wireless charger
- Others
End-use industry
- IT and Telecommunications
- Consumer electronics
- Aviation and Defense
- Healthcare
- Industrial
- Construction and Automation
- Undertaking
- Automotive
- Other (Data Center etc.)
By region
- North America
- Latin America
- Europe
- Asia and Pacific
- Middle East and Africa

Buy the report to get market intelligence:
https://www.transparencymarketresearch.com/checkout.php?rep_id=86046

Get more valuable information about electronics and semiconductors

NFC Chip Market (NFC chip market): The value of the NFC market was estimated at $1.5 billion in 2021. NFC technology is used in a wide range of industries such as automotive and transportation, consumer electronics, retail, healthcare, construction and infrastructure, and BFSI. The growth in the use of the technology in contactless payment solutions has accelerated the growth of the NFC chip market.

Autonomous Mobile Robot Market (Autonomous Mobile Robot Market): The value of the global autonomous mobile robot market was estimated at 2.3 billion US dollars in 2021 is expected to be registered 11.7% CAGR from 2022 to 2031, and by 2031 the market is likely to reach 6.9 billion US dollars until 2031.

Telecommunications Power Systems Market (other training materials)– The global market for telecom power systems is expected to grow at a rate of CAGR 4.5% from 2024 to 2034.
Robotic Waste Sorting Market (Robotic Musician Market)– The global market for waste sorting using robots is expected to grow at a pace CAGR 3.8% in the forecast period from 2024 to 2034

About Transparency Market Research

Market Research Transparencyglobal market research company registered in Wilmington, Delaware, United States, offers customized research and consulting services. Our exclusive combination of quantitative forecasting and trend analysis provides forward-looking insights to thousands of decision makers. Our experienced team of analysts, researchers and consultants leverage proprietary data sources and a variety of tools and techniques to gather and analyze information.

Our data repository is constantly updated and revised by a team of research experts, ensuring that it always reflects the latest trends and information. With extensive research and analytical capabilities, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research materials for business reports.

contact:

Transparency Market Research Inc.
COMPANY HEADQUARTERS IN THE CITY CENTER,
1000 N. West Street,
Apartment 1200, Wilmington, Delaware 19801 USA
Telephone: +1-518-618-1030
USA – Canada Toll Free Number: 866-552-3453
Website: https://www.transparencymarketresearch.com
E-mail: [email protected]

Follow us: LinkedIn| Twitter| Blog | Youtube