According to a recently published report by Research Nester on Micro-Miniature Co-Axial Adapter Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the micro-miniature co-axial adapter market in terms of market segmentation by type, by application, by industry vertical and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Improvements in wireless communication technologies and increasing popularity of smart and inter-connected devices is leading to the growth of the micro-miniature co-axial adapter market. In recent years, advanced adapters have been manufactured that are able to withstand extreme temperatures. High frequency and high-power adapters are now being developed according to the demand. MMCX adapter manufacturers are focusing on improving reliability and device quality by employing new materials and techniques in these devices. The demand for MMCX adapter is growing at a faster rate owing to the advancements in technology and connector requirements.
The global micro-miniature co-axial adapter market is valued at USD 3.7 Million in 2019 and is expected to reach USD 5.8 Million by 2027. The market is anticipated to record a CAGR of around 5.7% over the forecast period i.e. 2019-2027. The market is segmented by type, application and industry vertical.
On the basis of type, the market is segmented into MMCX to BNC, MMCX to MMCX, MMCX to SMA, MMCX to N, MMCX to AMC and MMCX to MCX. These adapter types are further subdivided according to gender design jack to jack, jack to plug, plug to jack and plug to plug. The market is segmented by application into measurement equipment, antenna mounts, panel transitions, radio boards and bulkhead applications. By industry verticals, the market is segmented into automotive, healthcare, military, telecom industry and others.
Advancements in technology
Increased demand for smart and interconnected devices for personal and professional purposes is driving the growth of micro-miniature co-axial adapters market during the forecast period. Demand for the MMCX adapters is likely to increase on account of innovations and advancements in the wireless and radio frequency communication and is anticipated to boost the growth of the MMCX adapters market.
Lack of awareness among the industries regarding the adoption of micro-miniature co-axial adaptors may restrain the growth of the MMCX adapters market.
Presently, the developed countries are experiencing the growth of micro-miniature adapters market. Moreover, foreign companies are focusing on advanced technologies, strong R&D and leading technicality. The Asia-Pacific region is expected to create vast opportunities for the players in the micro-miniature co-axial market during the forecast period owing to the vast number of producers, cheap labor leading to increase in the demand for MMCX adapters in this region. The share of the Asia-Pacific region is increasing in the international market as compared to other regions leading to increased international competitiveness.
This report also provides the existing competitive scenario of some of the key players of the micro-miniature co-axial adapter market which includes company profiling of Amphenol RF Asia Corp., Cinch Connectivity Solutions LTD, RF Industries LTD, Dynawave Inc., Tyco Electronics Corporation, Bomar Interconnect Products Inc., and Emerson Network Power Co Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the micro-miniature co-axial adapter market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.