GITNUXREPORT 2026

Connectors Industry Statistics

The global connector market is growing strongly, led by automotive, electronics, and 5G expansion in Asia.

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

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Statistic 1

Automotive connectors segment held 28% market share in 2022, with over 2.5 billion units shipped annually

Statistic 2

PCB connectors accounted for 22% of total connector shipments in 2023, totaling 1.8 billion units

Statistic 3

Aerospace connectors segment grew to USD 4.7 billion in 2023, with 15 million units produced

Statistic 4

Industrial connectors held 19% share, shipping 1.2 billion units in 2023 worldwide

Statistic 5

Telecom connectors segment valued at USD 10.2 billion in 2023, 1.5 billion units

Statistic 6

Medical device connectors reached USD 3.4 billion in 2023, 450 million units shipped

Statistic 7

Power connectors segment accounted for 16% market, 950 million units in 2023

Statistic 8

Consumer electronics connectors 25% share, 3.1 billion units shipped 2023

Statistic 9

Military connectors segment USD 2.9 billion 2023, 8 million units

Statistic 10

Datacom connectors held 14% share, 1.1 billion units 2023

Statistic 11

Transportation connectors USD 5.6 billion 2023, 1.9 billion units

Statistic 12

Test & measurement connectors 9% share, 650 million units 2023

Statistic 13

Energy & utilities connectors USD 4.1 billion 2023

Statistic 14

Instrumentation connectors 7% market share 2023, 520 million units

Statistic 15

Broadcast connectors USD 1.1 billion 2023, 180 million units

Statistic 16

Security systems connectors 6% share 2023, 410 million units

Statistic 17

Lighting connectors USD 2.8 billion 2023, 2.2 billion units

Statistic 18

HVAC connectors 5% market share 2023, 350 million units

Statistic 19

Marine connectors USD 1.5 billion 2023, 120 million units

Statistic 20

Renewable energy connectors 8% share 2023, 680 million units

Statistic 21

TE Connectivity generated USD 16.0 billion in revenue from connectors in fiscal 2023, representing 45% of total sales

Statistic 22

Amphenol Corporation's connector division revenue hit USD 9.2 billion in 2023, up 15% YoY

Statistic 23

Molex reported USD 3.8 billion connector sales in 2023, focusing on high-speed data

Statistic 24

Hirose Electric achieved 12% revenue growth to JPY 250 billion in connectors FY2023

Statistic 25

Samtec Inc. connector revenue exceeded USD 700 million in 2023, up 14%

Statistic 26

JST Corporation's sales rose to JPY 180 billion in connectors for 2023

Statistic 27

Foxconn Interconnect reported USD 4.2 billion connector revenue in 2023

Statistic 28

Rosenberger Group connector sales hit EUR 1.1 billion in 2023, up 11%

Statistic 29

Harting Technology Group revenue USD 950 million connectors 2023

Statistic 30

LEMO SA achieved CHF 120 million connector sales 2023

Statistic 31

EDAC Inc. connector revenue USD 250 million 2023, growth 9%

Statistic 32

ITT Cannon sales USD 850 million connectors 2023

Statistic 33

Fischer Connectors AG revenue CHF 220 million 2023

Statistic 34

Positronic Connectors sales USD 180 million 2023

Statistic 35

Smiths Interconnect revenue GBP 320 million connectors 2023

Statistic 36

NorComp Inc. sales USD 95 million 2023, up 12%

Statistic 37

ODU GmbH revenue EUR 140 million 2023

Statistic 38

Conec Elektronische Bauelemente sales EUR 75 million 2023

Statistic 39

Kellerman Connector sales USD 65 million 2023

Statistic 40

Binder Group revenue EUR 210 million 2023

Statistic 41

The global electrical connectors market was valued at USD 72.13 billion in 2022 and is expected to grow to USD 98.54 billion by 2030 at a CAGR of 4.1%

Statistic 42

Asia-Pacific connector market grew 6.5% YoY in 2023, reaching USD 35.2 billion, fueled by electronics manufacturing

Statistic 43

Global RF connectors market valued at USD 2.1 billion in 2023, expected CAGR 5.8% to 2030

Statistic 44

Connector market CAGR projected at 6.2% from 2024-2032, reaching USD 120 billion globally

Statistic 45

Board-to-board connectors market size reached USD 15.6 billion in 2023, CAGR 7.4% forecast

Statistic 46

High-speed connectors market hit USD 8.3 billion in 2023, CAGR 11.2% to 2030

Statistic 47

Global circular connectors market was USD 5.9 billion in 2023, projected CAGR 5.3%

Statistic 48

Wire-to-board connectors market size USD 12.4 billion 2023, CAGR 6.7%

Statistic 49

Rectangular connectors market valued USD 4.8 billion 2023, growth 4.9% CAGR

Statistic 50

D-sub connectors market USD 1.2 billion 2023, CAGR 3.8% forecast

Statistic 51

Heavy-duty connectors market size USD 6.1 billion 2023, CAGR 7.1%

Statistic 52

Modular connectors market USD 11.7 billion 2023, projected CAGR 6.4%

Statistic 53

Coaxial connectors market USD 3.2 billion 2023, growth 5.2% CAGR

Statistic 54

IDC connectors market size USD 2.5 billion 2023, CAGR 4.6%

Statistic 55

Pin header connectors USD 7.8 billion 2023, CAGR 6.9%

Statistic 56

Socket connectors market USD 9.4 billion 2023, growth 5.7% CAGR

Statistic 57

FFC/FPC connectors market USD 4.7 billion 2023, CAGR 7.5%

Statistic 58

Terminal block connectors USD 3.9 billion 2023, CAGR 5.1%

Statistic 59

MIPI connectors market USD 1.3 billion 2023, CAGR 12.4%

Statistic 60

QSFP connectors market USD 2.1 billion 2023, growth 13.1% CAGR

Statistic 61

M12 connectors market USD 1.8 billion 2023, CAGR 8.7%

Statistic 62

The connector market in North America accounted for 35% of global revenue in 2023, driven by automotive and aerospace sectors

Statistic 63

Europe connector market size was EUR 18.4 billion in 2022, with EV adoption boosting demand by 12%

Statistic 64

China dominated Asia-Pacific with 52% regional share in 2023 connector production

Statistic 65

US connector imports totaled USD 12.5 billion in 2023, up 8% from prior year

Statistic 66

Japan connector exports grew 10% to USD 8.9 billion in 2023

Statistic 67

India connector market grew 14% YoY to USD 2.1 billion in 2023

Statistic 68

Germany led Europe with 28% share of USD 20 billion connector market in 2023

Statistic 69

South Korea connector production up 9% to USD 7.2 billion in 2023

Statistic 70

Mexico connector market expanded 13% to USD 1.8 billion in 2023

Statistic 71

Brazil connector imports rose 16% to USD 1.4 billion in 2023

Statistic 72

Taiwan semiconductor connectors output USD 9.5 billion 2023, up 7%

Statistic 73

UK connector market valued GBP 2.8 billion 2023

Statistic 74

Australia connector demand up 11% to AUD 1.2 billion 2023

Statistic 75

Canada connector production CAD 3.1 billion 2023, up 10%

Statistic 76

France connector market EUR 3.9 billion 2023

Statistic 77

Singapore connector hub exports SGD 2.4 billion 2023

Statistic 78

Thailand connector manufacturing THB 45 billion 2023

Statistic 79

Vietnam connector exports USD 1.7 billion 2023, growth 18%

Statistic 80

Indonesia connector market IDR 28 trillion 2023

Statistic 81

Malaysia connector production MYR 12 billion 2023, up 15%

Statistic 82

Fiber optic connectors market is projected to grow at 8.2% CAGR through 2028 due to 5G deployment

Statistic 83

USB Type-C connectors saw 25% market penetration in consumer electronics by 2023

Statistic 84

Waterproof IP67 connectors demand rose 18% in 2023 for industrial IoT applications

Statistic 85

Magnetic connectors market expanded at 9.1% CAGR, valued at USD 1.4 billion in 2023

Statistic 86

Pogo pin connectors adoption surged 22% for wearables in 2023

Statistic 87

Hermetic connectors market valued at USD 650 million in 2023, growing at 6.8% CAGR

Statistic 88

Compliant pin connectors grew 20% in server applications 2023

Statistic 89

Spring-loaded connectors market at USD 890 million 2023, CAGR 8.9%

Statistic 90

Push-pull connectors demand up 17% for robotics in 2023

Statistic 91

Mezzanine connectors market grew 10.5% CAGR to USD 2.3 billion 2023

Statistic 92

Floating board-to-board connectors up 19% in AI hardware 2023

Statistic 93

Hybrid connectors market at USD 1.9 billion 2023, CAGR 9.3%

Statistic 94

Genderless connectors adoption 15% rise in data centers 2023

Statistic 95

Blind-mate connectors grew 21% for 5G base stations 2023

Statistic 96

Multi-beam connectors market USD 1.6 billion 2023, CAGR 10.2%

Statistic 97

Edge card connectors up 16% in edge computing 2023

Statistic 98

Z-axis connectors demand rose 23% for AR/VR 2023

Statistic 99

Hyperboloid contacts in connectors improved reliability by 30% in 2023 tests

Statistic 100

Slotted board connectors grew 14% for high-density PCBs 2023

Statistic 101

PCIe Gen5 connectors adoption 28% in servers 2023

1/101

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From powering the vehicles on the road to enabling the data in the cloud, the connectors industry, valued at $72.13 billion globally in 2022 and projected to hit $98.54 billion by 2030, is the unsung and rapidly growing backbone of our electrified and connected world.

Key Takeaways

The global electrical connectors market was valued at USD 72.13 billion in 2022 and is expected to grow to USD 98.54 billion by 2030 at a CAGR of 4.1%
Asia-Pacific connector market grew 6.5% YoY in 2023, reaching USD 35.2 billion, fueled by electronics manufacturing
Global RF connectors market valued at USD 2.1 billion in 2023, expected CAGR 5.8% to 2030
The connector market in North America accounted for 35% of global revenue in 2023, driven by automotive and aerospace sectors
Europe connector market size was EUR 18.4 billion in 2022, with EV adoption boosting demand by 12%
China dominated Asia-Pacific with 52% regional share in 2023 connector production
Automotive connectors segment held 28% market share in 2022, with over 2.5 billion units shipped annually
PCB connectors accounted for 22% of total connector shipments in 2023, totaling 1.8 billion units
Aerospace connectors segment grew to USD 4.7 billion in 2023, with 15 million units produced
TE Connectivity generated USD 16.0 billion in revenue from connectors in fiscal 2023, representing 45% of total sales
Amphenol Corporation's connector division revenue hit USD 9.2 billion in 2023, up 15% YoY
Molex reported USD 3.8 billion connector sales in 2023, focusing on high-speed data
Fiber optic connectors market is projected to grow at 8.2% CAGR through 2028 due to 5G deployment
USB Type-C connectors saw 25% market penetration in consumer electronics by 2023
Waterproof IP67 connectors demand rose 18% in 2023 for industrial IoT applications

The global connector market is growing strongly, led by automotive, electronics, and 5G expansion in Asia.

Application Segments

Automotive connectors segment held 28% market share in 2022, with over 2.5 billion units shipped annually
PCB connectors accounted for 22% of total connector shipments in 2023, totaling 1.8 billion units
Aerospace connectors segment grew to USD 4.7 billion in 2023, with 15 million units produced
Industrial connectors held 19% share, shipping 1.2 billion units in 2023 worldwide
Telecom connectors segment valued at USD 10.2 billion in 2023, 1.5 billion units
Medical device connectors reached USD 3.4 billion in 2023, 450 million units shipped
Power connectors segment accounted for 16% market, 950 million units in 2023
Consumer electronics connectors 25% share, 3.1 billion units shipped 2023
Military connectors segment USD 2.9 billion 2023, 8 million units
Datacom connectors held 14% share, 1.1 billion units 2023
Transportation connectors USD 5.6 billion 2023, 1.9 billion units
Test & measurement connectors 9% share, 650 million units 2023
Energy & utilities connectors USD 4.1 billion 2023
Instrumentation connectors 7% market share 2023, 520 million units
Broadcast connectors USD 1.1 billion 2023, 180 million units
Security systems connectors 6% share 2023, 410 million units
Lighting connectors USD 2.8 billion 2023, 2.2 billion units
HVAC connectors 5% market share 2023, 350 million units
Marine connectors USD 1.5 billion 2023, 120 million units
Renewable energy connectors 8% share 2023, 680 million units

Application Segments Interpretation

While automotive connectors may rule the road in sheer volume, and telecoms claim the revenue crown, the true story is an electrifying global symphony where every niche, from jets to medical devices, plays a critical note in keeping our connected world humming.

Key Players and Companies

TE Connectivity generated USD 16.0 billion in revenue from connectors in fiscal 2023, representing 45% of total sales
Amphenol Corporation's connector division revenue hit USD 9.2 billion in 2023, up 15% YoY
Molex reported USD 3.8 billion connector sales in 2023, focusing on high-speed data
Hirose Electric achieved 12% revenue growth to JPY 250 billion in connectors FY2023
Samtec Inc. connector revenue exceeded USD 700 million in 2023, up 14%
JST Corporation's sales rose to JPY 180 billion in connectors for 2023
Foxconn Interconnect reported USD 4.2 billion connector revenue in 2023
Rosenberger Group connector sales hit EUR 1.1 billion in 2023, up 11%
Harting Technology Group revenue USD 950 million connectors 2023
LEMO SA achieved CHF 120 million connector sales 2023
EDAC Inc. connector revenue USD 250 million 2023, growth 9%
ITT Cannon sales USD 850 million connectors 2023
Fischer Connectors AG revenue CHF 220 million 2023
Positronic Connectors sales USD 180 million 2023
Smiths Interconnect revenue GBP 320 million connectors 2023
NorComp Inc. sales USD 95 million 2023, up 12%
ODU GmbH revenue EUR 140 million 2023
Conec Elektronische Bauelemente sales EUR 75 million 2023
Kellerman Connector sales USD 65 million 2023
Binder Group revenue EUR 210 million 2023

Key Players and Companies Interpretation

While giants like TE and Amphenol battle for supremacy in a multi-billion dollar connector universe, a galaxy of smaller, specialized players like Samtec and LEMO are proving that in the business of making connections, there's serious money to be made at every single point of contact.

Market Size and Growth

The global electrical connectors market was valued at USD 72.13 billion in 2022 and is expected to grow to USD 98.54 billion by 2030 at a CAGR of 4.1%
Asia-Pacific connector market grew 6.5% YoY in 2023, reaching USD 35.2 billion, fueled by electronics manufacturing
Global RF connectors market valued at USD 2.1 billion in 2023, expected CAGR 5.8% to 2030
Connector market CAGR projected at 6.2% from 2024-2032, reaching USD 120 billion globally
Board-to-board connectors market size reached USD 15.6 billion in 2023, CAGR 7.4% forecast
High-speed connectors market hit USD 8.3 billion in 2023, CAGR 11.2% to 2030
Global circular connectors market was USD 5.9 billion in 2023, projected CAGR 5.3%
Wire-to-board connectors market size USD 12.4 billion 2023, CAGR 6.7%
Rectangular connectors market valued USD 4.8 billion 2023, growth 4.9% CAGR
D-sub connectors market USD 1.2 billion 2023, CAGR 3.8% forecast
Heavy-duty connectors market size USD 6.1 billion 2023, CAGR 7.1%
Modular connectors market USD 11.7 billion 2023, projected CAGR 6.4%
Coaxial connectors market USD 3.2 billion 2023, growth 5.2% CAGR
IDC connectors market size USD 2.5 billion 2023, CAGR 4.6%
Pin header connectors USD 7.8 billion 2023, CAGR 6.9%
Socket connectors market USD 9.4 billion 2023, growth 5.7% CAGR
FFC/FPC connectors market USD 4.7 billion 2023, CAGR 7.5%
Terminal block connectors USD 3.9 billion 2023, CAGR 5.1%
MIPI connectors market USD 1.3 billion 2023, CAGR 12.4%
QSFP connectors market USD 2.1 billion 2023, growth 13.1% CAGR
M12 connectors market USD 1.8 billion 2023, CAGR 8.7%

Market Size and Growth Interpretation

The global connector market is quietly orchestrating a fundamental, furious, and frankly everywhere expansion, proving that while electrons are invisible, the business of corralling them is anything but.

Regional Analysis

The connector market in North America accounted for 35% of global revenue in 2023, driven by automotive and aerospace sectors
Europe connector market size was EUR 18.4 billion in 2022, with EV adoption boosting demand by 12%
China dominated Asia-Pacific with 52% regional share in 2023 connector production
US connector imports totaled USD 12.5 billion in 2023, up 8% from prior year
Japan connector exports grew 10% to USD 8.9 billion in 2023
India connector market grew 14% YoY to USD 2.1 billion in 2023
Germany led Europe with 28% share of USD 20 billion connector market in 2023
South Korea connector production up 9% to USD 7.2 billion in 2023
Mexico connector market expanded 13% to USD 1.8 billion in 2023
Brazil connector imports rose 16% to USD 1.4 billion in 2023
Taiwan semiconductor connectors output USD 9.5 billion 2023, up 7%
UK connector market valued GBP 2.8 billion 2023
Australia connector demand up 11% to AUD 1.2 billion 2023
Canada connector production CAD 3.1 billion 2023, up 10%
France connector market EUR 3.9 billion 2023
Singapore connector hub exports SGD 2.4 billion 2023
Thailand connector manufacturing THB 45 billion 2023
Vietnam connector exports USD 1.7 billion 2023, growth 18%
Indonesia connector market IDR 28 trillion 2023
Malaysia connector production MYR 12 billion 2023, up 15%

Regional Analysis Interpretation

The global connector industry is quietly staging a high-stakes, multi-currency Olympic Games where everyone from Detroit to Da Nang is sprinting for the podium, proving that the future hinges not on grand gestures but on making the right connections.

Technological Trends and Innovations

Fiber optic connectors market is projected to grow at 8.2% CAGR through 2028 due to 5G deployment
USB Type-C connectors saw 25% market penetration in consumer electronics by 2023
Waterproof IP67 connectors demand rose 18% in 2023 for industrial IoT applications
Magnetic connectors market expanded at 9.1% CAGR, valued at USD 1.4 billion in 2023
Pogo pin connectors adoption surged 22% for wearables in 2023
Hermetic connectors market valued at USD 650 million in 2023, growing at 6.8% CAGR
Compliant pin connectors grew 20% in server applications 2023
Spring-loaded connectors market at USD 890 million 2023, CAGR 8.9%
Push-pull connectors demand up 17% for robotics in 2023
Mezzanine connectors market grew 10.5% CAGR to USD 2.3 billion 2023
Floating board-to-board connectors up 19% in AI hardware 2023
Hybrid connectors market at USD 1.9 billion 2023, CAGR 9.3%
Genderless connectors adoption 15% rise in data centers 2023
Blind-mate connectors grew 21% for 5G base stations 2023
Multi-beam connectors market USD 1.6 billion 2023, CAGR 10.2%
Edge card connectors up 16% in edge computing 2023
Z-axis connectors demand rose 23% for AR/VR 2023
Hyperboloid contacts in connectors improved reliability by 30% in 2023 tests
Slotted board connectors grew 14% for high-density PCBs 2023
PCIe Gen5 connectors adoption 28% in servers 2023

Technological Trends and Innovations Interpretation

It seems the physical world is frantically building a more advanced digital one, as everything from 5G antennas to AI servers and AR glasses demands a relentless surge in smarter, faster, and more reliable connectors to carry the future.

Sources & References

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