Solid State Connector : 2018 Market Strategy and Major Participants - TE Connectivity (Switzerland) and Texas Instruments (U.S)
Press
Release - 22 Mar 2018
Global
Research and Development News
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Report
Description-
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Solid
state connector is a device or circuit that is made entirely from
solid material and within which electrons and various other charged
particles are entirely confine. The working principal of a solid
state connector is entirely the same as that of a conventional gas
discharge tube device. In a solid state connector the electric
charges are confined within the solid elements and are engineered to
amplify or switch the electric charges. Current in a solid state
connector flows in two form, that is negatively charges electrons and
positively charged electron deficiencies termed as holes.
A
solid state connector is generally used in solid state lighting
applications such as light-emitting diode (LED) or organic
light-emitting diode (OLED) among others. The market of solid state
connector is at the nascent stage at present and is anticipated to
grow at an exponential rate in the coming years owing to its
increasing adoption across various lighting applications.
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In
order to provide detailed analysis regarding solid state connector
market, the market has been segmented on the basis of connector
style, application, end use and geography. Based on connector style,
the global solid state connector marker can be classified into plug,
receptacle, wire-to-board and wire-to-wire connector. On the
other hand, solid state connector also finds its application across
various comms room or server room and outdoor LED lighting.
On
the basis of end use, solid state connector is generally applied to a
printed circuit board and wire or cable. Detailed information
regarding all the above mentioned segment in respect of various
regions including Europe, North America, Asia Pacific, Middle-East
and Africa (MEA) and Latin America is also highlighted in this
report.
Initiatives taken by the government to encourage
the installation of solid state lighting in order to save
considerable amount of energy is the primary factor predicted to
boost the demand of solid state connector during the forecast period.
According to Department of Energy (DOE), the solid state lighting in
anticipated to become the dominant lighting technology in the coming
years. This in turn is expected to create a better opportunity for
various solid state connector manufacturers across the globe.
Moreover, increasing environmental concern across different regions
especially in North America, Europe and Asia Pacific is also
predicted to augment the market growth of solid state connectors.
Considerable efforts are being made by different
industrial, commercial and residential sectors to reduce carbon
emission through lighting and displays. LEDs helps to keep the
environment pollution free and results in less emission of greenhouse
gasses (451 pound/ year) as compared to conventional lighting.
Moreover, LEDs produces 90% less heat than incandescent and CFL
bulbs. Consequently, the demand for LEDs are increasing which in turn
is anticipated to boost the demand of solid state connectors rapidly.
However, lack of awareness and high switching cost
are some of the major factors predicted to restrain the market growth
of solid state connectors during the forecast period. Moreover, even
those who are aware of this new technology are differing from there
decision owing to huge cost required to modernize the existing
lighting system. This factors in turn is expected to affect the
global solid state connector market negatively.
Based on application, the global solid state
connector market is majorly driven by the outdoor LED lighting
segment during the forecast period. On the other hand, comms room is
predicted to witness the most promising market in the coming years.
Rapid growth and development of information technology sector and
telecommunication sector globally is anticipated to trigger the need
of modernization of server rooms. This in turn is expected to
accelerate the demand of solid state connectors in the coming years.
Geographically, North America held the largest
share in the in the solid state connector market. Presence of large
number of solid state connector manufacturers in this region is the
primary reason behind this region’s dominance. However, in terms of
growth, Asia Pacific region is predicted to dominate the global solid
state connector market. Various initiatives taken by the government
to reduce the demand for conventional lighting in lieu of power
efficient and high resolution lighting technology is the primary
factor responsible to drive the demand of solid state lighting
connector during the during the forecast period.
Some of the major players operating in the solid
state connector market include TE Connectivity (Switzerland) and
Texas Instruments (U.S) among others.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
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The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
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Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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Clear Details get Table of Contents
https://www.researchmoz.us/solid-state-connector-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html#table-of-content
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