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

Railway Connectors MarketSize and Trends

The global railway connectors market is estimated to be valued at US$ 873.4 Mn in 2022 and expected to grow at a CAGR of 5.3% over the forecast period (2022-2030).

Europe held a dominant position in the global railway connectors market in 2021, accounting for 44% share in terms of value, followed by Asia Pacific and North America.

Figure 1: Global Railway Connectors Market Share (%), By Region, 2021

The global railway connectors market is estimated to be valued at US$ 873.4 million in 2022 and expected to reach 1,329.5 million by 2030, exhibiting a CAGR of 5.3% between 2022 and 2030.

Figure 2: Global Railway Connectors Market Value (US$ Mn), 2017-2030