Market News
Recent Developments
New Product Launches
- In April 2022, Smiths Interconnect is a global provider of electronic and radio frequency (RF) connectivity solutions launched SpaceNXT Q series of Coaxial Cable Assemblies pace-qualified coaxial cable assemblies are crucial components for various space missions, and having next-generation solutions like the SpaceNXT Q series is essential for improving the reliability and performance of commercial space applications.
- In June 2022, The alliance unites engineers and industry experts from ABB and Amphenol to expand ABB's current range of products, which includes cable management solutions like Harnessflex™,cable and conduit systems such as PMA™, and cable protection solutions like Kopex™.
Acquisition and Partnerships
- Amphenol Corporation's Acquisition of MTS Systems Corporation: In February 2021, Amphenol Corporation, a leading provider of interconnect solutions, announced its acquisition of MTS Systems Corporation, a global supplier of test systems and industrial position sensors. This strategic acquisition enhances Amphenol's capabilities in cable assembly and sensor technologies, allowing the company to offer integrated solutions for a wide range of industries.
- Belden's Acquisition of Hirschmann Industrial Networking from TE Connectivity: In December 2020, Belden, a global leader in signal transmission solutions, completed the acquisition of Hirschmann Industrial Networking, a business unit of TE Connectivity. This acquisition strengthens Belden's position in providing high-quality industrial Ethernet solutions, including cable assemblies, for applications in automation, transportation, and other industrial sectors.
- Molex's Partnership with Rosenberger Automotive: In June 2020, Molex is a prominent global manufacturer of electronic connectors and interconnect solutions announced a partnership with Rosenberger Automotive, a leading provider of high-frequency and high-voltage connectors for the automotive industry. The partnership focuses on jointly developing high-speed Ethernet connectors and cable assemblies for next-generation automotive applications, including connected cars and autonomous vehicles.