Global AISG Connector Market: Regional Insights
On the basis of region, the global AISG connector market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America holds the largest market share in the AISG connectors market and is expected to exhibit growth over the forecast period due to technological advancements and growth of the electrical appliance market in the region. Moreover, the rapid expansion of wireless communication network market and increasing number of mobile subscribers is expected to fuel growth of the AISG connector market in the region. For instance, according to Coherent Market Insights, there were 270.1 million mobile phone users in the U.S. in 2018, which was 265 million in 2017.
Asia Pacific is expected to exhibit growth over the forecast period, owing to growing awareness regarding diverse applications of AISG connectors in various industries such as the telecommunication and marine industry. Moreover, improving economies and development of the telecommunication industry in economies such as China, India, and Indonesia is expected to drive growth of the AISG connector market. For instance, according to a report by the India Brand Equity Foundation (IBEF), India was the second largest telecom network in the world in March 2016, where the urban tele-density stood at 154.01 per cent and rural tele-density stood at 51.37 per cent.
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