Blind-Mate Coaxial Connector Market Size, Share, and COVID-19 Impact Analysis, By Type (SMP, SBMA), By End-Use (Consumer Electronics, Aerospace & Defense, Automotive, Telecommunications, Transportation, Healthcare, Industrial & Others), and by Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Analysis and Forecast 2022-2028
Market Perspective
The Blind-mate Coaxial Connectors Market was valued at US$ 248.4 million in 2021 and is projected to reach US$ 432.4 million by 2028, at a CAGR of 7.1%. These connectors are perfect for critical field applications as they can endure harsh vibrations and temperatures. Additionally, consumer devices are compatible with the blind-mate coaxial connector.
Blind-mate coaxial connectors are a revolutionary solution for interconnecting modules with numerous coaxial connectors that require simultaneous mating. These connectors are particularly useful when access to the connection point is not feasible or when electronic devices need to fit into confined spaces in military applications. With their innovative design, the connectors provide a reliable and versatile solution for electronic equipment systems.
The self-aligning characteristics of a blind-mate coaxial connector enable misalignment during mating. The coaxial connections snap or slide into place to mate. Blind-mate coaxial connector is also very reliable, have high electrical performance, and can work at high frequencies. However, the cost of blind-mate coaxial connector prevents them from being used in all areas. As opposed to the higher frequency versions between 18 and 40 GHz used in specialized applications, various makers are providing technologically advanced products that are affordable, and intended for use up to 3 or 6 GHz.
COVID-19 Analysis
The global blind-mate coaxial connectors market is negatively impacted by the outbreak of COVID-19. The outbreak's consequences and impact are expected to intensify in the coming months as the virus spreads. Several governments of a few countries are considering national-level lockdowns as a viable means of controlling viral transmission.
The outbreak of Covid-19 has forced governments around the world to deploy severe rules such as lockdowns, temporary shutdowns, and social distancing, causing disruption in the production of raw materials and in turn increasing the cost of raw materials. Shipments of raw materials, as well as revenue produced, have fallen.
Furthermore, insufficient raw material supply will limit the rate of the product, influencing the management of the blind-mate coaxial connectors supply chain. This chain of occurrences is expected to have a negative influence on the market growth in the forecasted years.
The Emergence of Smart Connected in Developed Countries
Increasing demand for smart city projects are propelling the growth of the global blind-mate coaxial connectors market. Rising urbanization and digitalization across emerging countries are creating a demand for blind-mate coaxial connectors. High-performance gigabit processing speeds at low voltages are required to enable mass amounts of data to be handled. The aforementioned factors are boosting the sales of the global blind-mate coaxial connectors market.
Rising Prices of Connectors Are Hampering the Market Growth
The rapid growth in demand for smart connected devices has resulted in a corresponding increase in the cost of connectors. This is due to the high demand in critical industries. This, in turn, is placing some constraints on the overall growth of the market. Nevertheless, the continued expansion of the smart device market, coupled with advancements in technology, is expected to keep the demand for blind-mate coaxial connectors strong in the forecasted years.
SEGMENTATION
The global blind-mate coaxial connector market is segmented by Type (SMP and SBMA), by End-Use (Consumer Electronics, Aerospace & Defense, Automotive, Telecommunications, Transportation, Healthcare, Industrial & Others), and by region. Based on the type, the market is categorized into SMP & SBMA. Based on end-use, the market is categorized into consumer electronics, aerospace & defense, automotive, telecommunications, transportation, healthcare, industrial & others. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, South America, Middle East, and Africa.
Type Insights
Based on the type segment, the global blind-mate coaxial connector market is categorized into SMP & SBMA. The SMP segment accounted for the largest market share owing to the major frequency range operating up to 26.5 GHz. These are majorly used in the test and measurement, microwave subsystems, wireless base station infrastructure equipment, medical equipment, navigation systems, and military radar and satellite communication equipment as it holds the major proportion in the connector industry.
End-Use Insights
Based on the end-use segment, the global blind-mate coaxial connector market is categorized into consumer electronics, aerospace & defense, automotive, telecommunications, transportation, healthcare, industrial & others. The aerospace & defense segment accounted largest market share due to the growing demand for military applications. The connectors are best suited for critical applications and offer the added benefits of low overall applied cost with a labor-saving two-crimp assembly. According to Airbus Worldwide Market Forecast data, global air traffic is expected to grow at a rate of 4.4 percent per year over the next 20 years, necessitating the purchase of 37,400 additional aircraft costing US$ 5.8 trillion.
Regional Insights
The global blind-mate coaxial connector market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Asia Pacific is expected to dominate the market share of the global blind-mate coaxial connector market owing to the rising demand for smartphones, the surge in automobile manufacturing, industrial automation, and development in consumer electronics in developing countries such as Korea, Taiwan, Japan, China, and others. The demand for products with blind-mate coaxial connectors is anticipated to be driven by these factors.
However, North America is anticipated to emerge as the fastest-growing region over the forecast period due to the demand for high-speed connectors and the increasing popularity of electric vehicles. Moreover, smart technologies and numerous companies investing in defense and submarine cables are propelling the growth of the global blind-mate coaxial connector market.
KEY INDUSTRY
- Rosenberger
- TE Connectivity
- Amphenol Corp.
- Huber+Suhner
- Molex
- Air Electro, Inc.
- Pasternack
- Radiall
- Fischer Connectors Holding SA
- JONHON
- Wutong Group
- Others
Key Industry Developments:
April 2022- Winchester Interconnect has acquired El-Com Systems for the expansion of its product portfolio in space and defense applications.
March 2022- TE Connectivity has introduced an innovative new hybrid inline connector solution that makes production easier, reduces the number of connections needed, simplifies supply chain complexity, and saves money. TTI, Inc., a leading specialty distributor of electronic components, has announced that it has signed a global distribution agreement with Amphenol Positronic. TTI will provide a broad range of world-class, high-reliability connector solutions for harsh environments, military, and aerospace applications.
September 2021- TE Connectivity acquired ERNI Group AG to expand the product portfolio by focusing on high-speed transmission and fine-pitch connectors for automotive, medical, factory automation, and other industrial applications.
April 2021- Winchester Interconnect has acquired Ulti-Mate Connector to focus on the expansion for the enhancement of its growing portfolio of custom interconnect solutions for mission-critical applications and manufacturing capabilities.
February 2021- Amphenol RF has acquired Positronic, a global manufacturer of the high reliability/harsh environment electronic connector products.
December 2020- CPC (Colder Products Company), part of Dover has expanded its BLQ Series with the new Everis™ BLQ6 blind mate connector designed specifically for liquid cooling of electronics including for rack and panel configurations.
Segmentation
By Type
- SMP
- SBMA
By End-Use
- Consumer Electronics
- Aerospace & Defense
- Automotive
- Telecommunications
- Transportation
- Healthcare
- Industrial
- Others
By Region
- North America- U.S., Mexico, Canada
- Europe- UK, France, Germany, Italy
- Asia-Pacific- China, Japan, India
- Latin America- Brazil, Argentina, Colombia
- The Middle East and Africa- United Arab Emirates, Saudi Arabia
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Blind-Mate Coaxial Connector Market Size
- May-2022
- 148
- Global
- semiconductor-electronics
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