RAILWAY CONNECTORS MARKET ANALYSIS

Railway Connectors Market, by Type (Power Connectors, Data Connectors, Modular Connectors, and Others), by Design (Circular and Rectangular), by Physical Application (Rolling Stock, Engine Monitoring, Infrastructure & Signaling, Roof/Pantograph, Air Conditioning System, Trackside Safety Systems, and Others), by Function (Signalling, Communication, and Power Distribution), by Rail Type (Light Rails/Trams, Metro, Passenger Train, and Cargo Train), and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Mar 2022
Code : CMI4978
Pages :285
Formats :
Excel and PDF
Industry : Consumer Electronics

Market News

Key Developments

Key companies are involved in business expansion in order to strengthen their market position. For instance, in September 2021, Fischer Connectors Group, a company that designs, develops, and deploys tailored solutions that ensure high-performance connectivity, expanded its global imprint by establishing a new production site and subsidiary in Portugal. This project aims at increasing the Group’s manufacturing capacity, optimizing costs, and leveraging two connector assembly production sites (Switzerland and Portugal) for a business continuity risk management purpose.

Moreover, in 2018, ITT Inc., a manufacturer of critical engineered components and customized technology solutions for the transportation, industrial, and energy sectors, announced that it had initiated the production of highly engineered brake pads for automotive applications, at its newly opened manufacturing facility at Silao, Guanajuato

Market players are focusing on strategic investments in order to enhance their presence. For instance, in 2015, ITT Inc., a manufacturer of critical engineered components and customized technology solutions for the transportation, industrial, and energy sectors, made an investment of US$ 20 Mn in its Wuxi (China) facility for expanding the production capabilities of braking technologies for the automotive industry.