The wire-to-board connector market size is expected to see strong growth in the next few years. It will grow to $6.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to Internet of Things (IoT) growth, AI and machine learning integration, electric vehicle (EV) expansion, medical technology advancements, and renewable energy projects. Major trends in the forecast period include 5g technology deployment, high-speed connectors development, the rise of USB type-c connectors, waterproof and sealed connectors, and wireless connectivity integration.
The rising number of data centers is expected to drive the growth of the wire-to-board connector market in the future. A data center is a physical space, building, or structure that houses the IT technology needed to create, execute, and provide applications and services, as well as to store and manage the associated data. Wire-to-board connectors are critical components used in data centers to establish electrical connections between circuit boards and other devices; this leads to increased data transmission speeds and more accurate signals, resulting in reduced heat generation. For example, in September 2024, the National Telecommunications and Information Administration, a U.S. government agency, reported that the United States has approximately 5,000 data centers, with demand for these facilities projected to grow by about 9% annually until 2030. Therefore, the increasing number of data centers is propelling the growth of the wire-to-board connector market.
The increasing adoption of Internet of Things (IoT) devices is also expected to contribute significantly to the growth of the wire-to-board connector market. IoT involves a network of physical devices embedded with sensors, software, and other technologies for data exchange over the internet. Wire-to-board connectors play a crucial role in enabling secure and reliable connections within IoT devices, facilitating communication between internal components such as sensors, processors, and communication modules and the main circuit board. The seamless exchange of data and power distribution within IoT devices ensures efficient functionality and communication across the interconnected network of physical objects. According to Dataprot in May 2023, there were over ten billion active IoT devices in use in 2021, and this number is expected to increase to 25.4 billion by 2030. Therefore, the rising adoption of IoT devices is a key factor driving the wire-to-board connector market's growth.
Major companies in the wire-to-board connector market are innovating by introducing new products, such as horizontal wire-to-board connectors. These connectors facilitate electrical connections between printed circuit boards and wires in a side-by-side, horizontal orientation. For instance, in April 2022, KYOCERA AVX Components Corporation launched the UL-approved 9296-400 Series 4mm-pitch horizontal poke-home connectors, offering a compact, high-temperature, and halogen-free SMT package with the industry's lowest height profile for 18-26AWG wire. The connectors support easy strip-and-poke-home wire insertion and twist-and-pull wire extraction, providing high repeatability, mechanical stability, and wire retention strength for applications in machine controls, motors, sensors, LED bulbs, and more.
Major companies in the wire-to-board connector market are focused on creating advanced high-performance solutions, including horizontal poke-home connectors, to improve durability and enable quick connections across various applications. Horizontal poke-home connectors offer a straightforward and efficient method for achieving robust electrical connections, simplifying installation in numerous electronic devices. For example, in April 2022, KYOCERA AVX Components Corporation, a U.S.-based manufacturer of electronic components and solutions, introduced the 9296-400 Series of horizontal poke-home connectors. These connectors feature a compact, high-temperature, and halogen-free SMT package, suitable for 18-26 AWG wire. They facilitate easy wire insertion and extraction, making them well-suited for use in machine controls, motors, sensors, and LED bulbs.
In July 2022, Littelfuse, Inc. expanded its capabilities and technologies in the wire-to-board connector market by acquiring C&K Components Inc., a manufacturer and designer of robust electronic switches and interconnector products, for an undisclosed amount. This strategic acquisition allows Littelfuse to offer comprehensive solutions to a diverse customer base.
Major companies operating in the wire-to-board connector market include Hon Hai Precision Industry Co Ltd., Yamaichi Electronics Co.Ltd., 3M Co., Fujitsu Limited, Luxshare Precision Industry Co. Ltd., Kyocera Corporation, TE Connectivity Ltd., Amphenol Corporation, Molex LLC., Phoenix Contact GmbH and Co KG., ITT Inc., Japan Aviation Electronics Industry Ltd., Panduit Corp., Hirose Electric Co Ltd., Wurth Elektronik GmbH and Co KG., Harting Technology Group, Lemo SA, Samtec Inc., Smiths Interconnect Inc., AVX Corporation, Glenair, Souriau SAS, ERNI Deutschland GmbH, Rosenberger Group, I-PEX Inc., Omnetics Connector Corporation, JST MFG Co Ltd., Nicomatic SA, Advanced Interconnections Corp.
Asia-Pacific was the largest region in the wire-to-board connector market in 2024 and is expected to be the fastest-growing region in the wire-to-board connector market report during the forecast period. The regions covered in the wire-to-board connector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wire-to-board connector market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A wire-to-board connector is an electrical connector designed to link a group of individual wires to a printed circuit board (PCB), facilitating the transmission of power and signals to the board. These connectors find application in various settings, including lighting systems, PCB testing, and power supplies.
The primary types of wire-to-board connectors are categorized as below 1.0 mm, 1.0 mm to 2.0 mm, and above 2.0 mm. 'Below 1.0 mm' refers to lengths less than one millimeter (mm). The different styles include accessory, header, housing, plug, receptacle, and socket, and they are employed in transportation, consumer electronics, communications, industries, military applications, and other sectors.
The wire-to-board connector market research report is one of a series of new reports that provides wire-to-board connector market statistics, including wire-to-board connector industry global market size, regional shares, competitors with a wire-to-board connector market share, detailed wire-to-board connector market segments, market trends and opportunities, and any further data you may need to thrive in the wire-to-board connector industry. This wire-to-board connector market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wire-to-board connector market consists of sales of pin header connectors, socket connectors, IDC connectors, and Board connectors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Wire-to-Board Connector Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on wire-to-board connector market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for wire-to-board connector? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wire-to-board connector market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Below 1.00 MM; 1.00 MM To 2.00 MM; Above 2.00 MM2) By Style: Accessory; Header; Housing; Plug; Receptacle; Socket
3) By Application: Transportation; Consumer Electronics; Communications; Industries; Military; Other Applications
Subsegments:
1) By Below 1.00 MM: 0.30 MM; 0.50 MM; 0.75 MM2) By 1.00 MM To 2.00 MM: 1.00 MM; 1.25 MM; 1.50 MM; 1.75 MM; 2.00 MM
3) By Above 2.00 MM: 2.50 MM; 3.00 MM; 4.00 MM; 5.00 MM
Key Companies Mentioned: Hon Hai Precision Industry Co Ltd.; Yamaichi Electronics Co.Ltd.; 3M Co.; Fujitsu Limited; Luxshare Precision Industry Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Hon Hai Precision Industry Co Ltd.
- Yamaichi Electronics Co.Ltd.
- 3M Co.
- Fujitsu Limited
- Luxshare Precision Industry Co. Ltd.
- Kyocera Corporation
- TE Connectivity Ltd.
- Amphenol Corporation
- Molex LLC.
- Phoenix Contact GmbH and Co KG.
- ITT Inc.
- Japan Aviation Electronics Industry Ltd.
- Panduit Corp.
- Hirose Electric Co Ltd.
- Wurth Elektronik GmbH and Co KG.
- Harting Technology Group
- Lemo SA
- Samtec Inc.
- Smiths Interconnect Inc.
- AVX Corporation
- Glenair
- Souriau SAS
- ERNI Deutschland GmbH
- Rosenberger Group
- I-PEX Inc.
- Omnetics Connector Corporation
- JST MFG Co Ltd.
- Nicomatic SA
- Advanced Interconnections Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 5.15 Billion |
Forecasted Market Value ( USD | $ 6.28 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |