According to a new report, published by KBV research, The Global Board-to-Board Connectors Market size is expected to reach $17.5 billion by 2030, rising at a market growth of 6.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,842.9 million units, experiencing a growth of 2.7% (2019-2022).
The Socket segment is exhibiting a CAGR of 7.1% during (2023 - 2030). Component replacement and reconfiguration are made simple by the great degree of flexibility and interchangeability provided by sockets. The board-to-board connections can be used with a variety of other board-to-board connectors, which makes them appropriate for use in a variety of applications and industries. Consequently, the expansion of sectors like consumer electronics is benefiting the demand for sockets.
The 1 mm to 2 mm segment is leading the Global Board-to-Board Connectors Market by Pitch in 2022; thereby, achieving a market value of $8.4 billion by 2030. Because of their small size, connections with a 1 mm to 2 mm pitch enable the downsizing of electrical devices. Connectors with narrower pitches become increasingly important as devices get smaller and lighter because they make it possible to integrate components in constrained places. These benefits favorably affect board-to-board connectors with a pitch of 1 mm to 2 mm over other pitch types.
The Automotive segment is experiencing a CAGR of 6.4% during (2023 - 2030). The market for board-to-board connectors in the automotive industry is driven by the increase in electric and hybrid automobiles. Power management, motor control, battery control, and infrastructure for charging electric & hybrid vehicles rely on electronic systems. The battery management system (BMS), power electronics, and control units all require high interconnectivity to electrify automobiles. The automobile sector is being stimulated by the rising demand for connection solutions.
The North America region dominated the Global Board-to-Board Connectors Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.9 billion by 2030. The Europe market is anticipated to grow CAGR of 6% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 6.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/board-to-board-connectors-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Amphenol Corporation, TE Connectivity Ltd., Molex, LLC (Koch Industries, Inc.), Kyocera Corporation, HARTING Technology Group, Omron Corporation, Japan Aviation Electronics Industry, Limited, Hirose Electric Co., Ltd, Samtec, FIT Hon Teng Limited (Foxconn (Far East) Limited).
By Type (Volume, Million Units, USD Million, 2019-2030)
By Pitch (Volume, Million Units, USD Million, 2019-2030)
By Application (Volume, Million Units, USD Million, 2019-2030)
By Geography (Volume, Million Units, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
