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Proliferation of Personal Electronic Devices Driving the Global Filtered Connectors Market Through 2020, Says Technavio
[June 27, 2016]

Proliferation of Personal Electronic Devices Driving the Global Filtered Connectors Market Through 2020, Says Technavio


According to the latest market study released by Technavio, the global filtered connectors market is expected to grow at a CAGR of more than 6% during the forecast period.

This research report titled 'Global Filtered Connectors Market 2016-2020' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions.

Request sample report: http://goo.gl/0BsAzQ

The report categorizes the global filtered connectors market into four major segments based on application. They are:

  • Commercial
  • Military and aerospace
  • Industrial
  • Medical

Commercial

The commercial segment will exceed USD 2 billion by 2020, growing at a CAGR of close to 6% during the forecast period. According to Asif Gani, a lead analyst at Technavio for embedded systems, "With an increase in the number of connected devices worldwide, there is continuous dissipation of electromagnetic interference (EMI) around these devices which can cause problems with the output of these devices, thus making them non-functional. Therefore, the use of filtered connectors is high in commercial applications such as computer peripherals, communications, automotive, and GPS devices."

Filtered connectors play an instrumental role in managing EMI in and around these connected devices. With the proliferation of these devices, the EMI burden is expected to increase. Technavio analysts estimate that the consumption of filtered connectors for these applications will further increase during the forecast period, thus driving the market for filtered connectors.

Military and aerospace

The military and aerospace segment is expected to exceed USD 1 billion by 2020, growing at a CAGR of over 8% during the forecast period. EMI is an unwanted signal conducted or radiated to vulnerable equipment, and it interferes with the performance of that equipment. EMI can affect equipment adversely, resulting in static or complete malfunction f an aircraft navigation system. Radar signals sent out by airports and aircraft carriers are also a major source of radiated EMI. These signals can damage an aircraft's computer and cause fatal accidents. Even the power supply within an aircraft is a source of conducted EMI, which is easy to filter out.



Compared to discrete filters, filtered connectors are light in weight, available at low cost, and less labor-intensive. Military and aerospace applications require high-end filtered connectors, which are robust and offer high-quality output. Such filtered connectors are expensive as compared to traditional filtered connectors used in multiple commercial and industrial applications. Technavio expects the demand for filtered connectors to rise from the military and aerospace segment during the forecast period.

Industrial


The industrial segment is anticipated to reach USD 744 million in 2020, growing at a CAGR of over 4% during the forecast period. Filtered connectors used for industrial applications should be extremely rugged and capable of withstanding harsh environmental conditions. Welding equipment manufacturers use filtered connectors to filter data signals from remote sensing equipment. Even GPS devices, which are installed on earth moving equipment, require filtering and so do heavy equipment to stop EMI from operational control wires.

Managing EMI has become a serious concern with more equipment entering the industrial segment. Technavio analysts expect filtered connectors to find more use and application in the industrial segment during the forecast period. However, the market in this segment will experience the slowest growth rate during the forecast period, as equipment used in industrial applications are not replaced quickly compared to those in medical or commercial applications.

Medical

The medical segment is expected to reach USD 843 million by 2020, growing at a CAGR of close to 9% during the forecast period. The filtered connector market in the medical segment will grow rapidly during the forecast period. Medical instruments, especially imaging equipment such as MRI, CT scan, and ultrasound equipment, require high amount of EMI during their operation. The use of such equipment is rising as they provide better diagnosis and clearer images than traditional X-ray machines.

With the high use of these devices, the amount of EMI radiated in the environment also increases. "This can result in faulty images leading to wrong diagnosis which can ultimately prove fatal for a patient. Therefore, the unwanted EMI needs to be filtered so as to ensure the smooth functioning of these life-saving medical instruments. This can be achieved with the help of filtered connectors," says Asif.

The top vendors highlighted by Technavio's research analysts in this report are:

  • Amphenol
  • API Technologies
  • Glenair
  • TE Connectivity (News - Alert)

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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