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North America Contactless Connector Market Size, Share & Trends Analysis Report By Product Type (Wireless Charging Connectors and Wireless Data Transfer Connectors), By Technology, By Vertical, By Country and Growth Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 107 Pages
  • March 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949535
The North America Contactless Connector Market would witness market growth of 16.8% CAGR during the forecast period (2023-2030).

The US market dominated the North America Contactless Connector Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $161,839.5 Thousands by 2030. The Canada market is experiencing a CAGR of 19.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 18.4% during (2023 - 2030).



The automotive industry's shift towards electric vehicles has driven the adoption of these connectors for wireless charging solutions. As the demand for EVs continues to grow, the automotive sector plays a crucial role in fostering the adoption of these connectors in mainstream applications.

In the healthcare sector, the emphasis on hygiene and infection control has accelerated the adoption of these connectors. Medical devices integrate contactless connectivity solutions to minimize the risk of contamination and enhance patient safety, driving their adoption in critical healthcare applications. With the rise of smart home ecosystems, these connectors simplify the setup and interconnectivity of smart devices within homes. Consumers appreciate the ease of use and seamless integration that these connectors bring to smart home applications, contributing to their adoption in this rapidly growing market segment.

According to the International Trade Administration (ITA), in 2020, Canada's aerospace sector generated revenues of US$17 billion, making it one of the largest in the world. 2020, the Canadian defense industry generated around US$7.12 billion in GDP. The aerospace and defense industry demands highly reliable and robust connectivity solutions to ensure seamless communication in critical applications in Canada. The defense sector greatly emphasizes security and data protection in Canada. These connectors, particularly those utilizing advanced encryption and secure communication protocols, enhance the security of data transmission in Canada. Hence, the factors mentioned above will drive the regional market growth.

Based on Product Type, the market is segmented into Wireless Charging Connectors and Wireless Data Transfer Connectors. Based on Technology, the market is segmented into Radio Frequency, Inductive Coupling, and Magnetic Field. Based on Vertical, the market is segmented into Consumer Electronics, Automotive, Healthcare, and Industrial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • STMicroelectronics N.V.
  • TE Connectivity Ltd.
  • Molex, LLC (Koch Industries, Inc.)
  • Rosenberger Hochfrequenztechnik GmbH
  • Radiall SA
  • Phoenix Contact GmbH & Co. KG
  • Weidmüller Interface GmbH & Co. KG
  • CommScope Holding Company, Inc.
  • Sumitomo Electric Industries, Ltd.
  • Eaton Corporation PLC

Market Report Segmentation

By Product Type
  • Wireless Charging Connectors
  • Wireless Data Transfer Connectors
By Technology
  • Radio Frequency
  • Inductive Coupling
  • Magnetic Field
By Vertical
  • Consumer Electronics
  • Automotive
  • Healthcare
  • Industrial
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Contactless Connector Market, by Product Type
1.4.2 North America Contactless Connector Market, by Technology
1.4.3 North America Contactless Connector Market, by Vertical
1.4.4 North America Contactless Connector Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Porter Five Forces Analysis
Chapter 5. North America Contactless Connector Market by Product Type
5.1 North America Wireless Charging Connectors Market by Region
5.2 North America Wireless Data Transfer Connectors Market by Region
Chapter 6. North America Contactless Connector Market by Technology
6.1 North America Radio Frequency Market by Country
6.2 North America Inductive Coupling Market by Country
6.3 North America Magnetic Field Market by Country
Chapter 7. North America Contactless Connector Market by Vertical
7.1 North America Consumer Electronics Market by Country
7.2 North America Automotive Market by Country
7.3 North America Healthcare Market by Country
7.4 North America Industrial Market by Country
Chapter 8. North America Contactless Connector Market by Country
8.1 US Contactless Connector Market
8.1.1 US Contactless Connector Market by Product Type
8.1.2 US Contactless Connector Market by Technology
8.1.3 US Contactless Connector Market by Vertical
8.2 Canada Contactless Connector Market
8.2.1 Canada Contactless Connector Market by Product Type
8.2.2 Canada Contactless Connector Market by Technology
8.2.3 Canada Contactless Connector Market by Vertical
8.3 Mexico Contactless Connector Market
8.3.1 Mexico Contactless Connector Market by Product Type
8.3.2 Mexico Contactless Connector Market by Technology
8.3.3 Mexico Contactless Connector Market by Vertical
8.4 Rest of North America Contactless Connector Market
8.4.1 Rest of North America Contactless Connector Market by Product Type
8.4.2 Rest of North America Contactless Connector Market by Technology
8.4.3 Rest of North America Contactless Connector Market by Vertical
Chapter 9. Company Profiles
9.1 Radiall SA
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Acquisition and Mergers:
9.2 Weidmüller Interface GmbH & Co. KG
9.2.1 Company Overview
9.3 STMicroelectronics N.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 TE Connectivity Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Molex, LLC (Koch Industries, Inc.)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.5.2.2 Acquisition and Mergers:
9.5.3 SWOT Analysis
9.6 Rosenberger Hochfrequenztechnik GmbH
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Phoenix Contact GmbH & Co. KG
9.7.1 Company Overview
9.8 CommScope Holding Company, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 Sumitomo Electric Industries, Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. Eaton Corporation PLC
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis

Companies Mentioned

  • STMicroelectronics N.V.
  • TE Connectivity Ltd.
  • Molex, LLC (Koch Industries, Inc.)
  • Rosenberger Hochfrequenztechnik GmbH
  • Radiall SA
  • Phoenix Contact GmbH & Co. KG
  • Weidmüller Interface GmbH & Co. KG
  • CommScope Holding Company, Inc.
  • Sumitomo Electric Industries, Ltd.
  • Eaton Corporation PLC

Methodology

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