How will the expanding scope of 5G network augment connector market outlook?
The global connector market is currently witnessing a massive upsurge in the overall energy industry, mainly due to the global digital transition and expansion of internet and subsequent need for robust and speedy network connectivity. High-performance networks are crucially required for manufacturing, business, media and security, and thus in this case, need for proper functional connectors has been proliferating at a much larger extent. One of the highly popular connector products that is being massively used across some of the major internet connectivity-driven industries is the RF coaxial connector.
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Significance of RF coaxial connectors in high speed data transmission
Ever since the evolution of 5G network, demand for electrical connectors and especially RF coaxial connectors has been on rise. This can be backed by the unfathomable increase in the number of fixed communications and wireless enabled devices and amount of data being consumed almost every day. As a matter of fact, it would be safe to declare that large scale penetration of 5G network would lead to tremendous growth of RF coaxial connectors market is the years to come.
Statistics suggest that about 40% of the world would be covered by 5G network by the end of 2024, which offers a leeway for RF coax connectors, ranging from ultra-miniature B2B (board to board) for handsets and mobile devices to reduce PIM and higher power connector for base stations, and E- and V- band interconnects for improved bandwidth backhaul sites.
Suppliers of RF coaxial connectors are looking forward to producing new variations in a bid to meet industry needs and be at pace with application advances. Most RF coax connectors are generally used in diverse end-use applications and markets, including telecom, transportation, automotive, and industrial amongst others. This makes attempts at defining the end-use application scope rather difficult.
Say for instance, a 2.92 mm connector could be used in medica imaging equipment while also being used in satellite plus radios and test equipment. Likewise, new E-band 1.35mm connectors are deemed suitable for 5G backhaul systems, test systems, and self-driving vehicles. More so, these connectors are also being developed to stand as a substitute for waveguides and support frequencies above 145 gigahertz offers.
COVID impact on RF coaxial connector business space
The novel SARS-Cov-2 coronavirus infection spread is anticipated to result in a paradigm shift in ways businesses, education, and commerce would be conducted in the near future. Expansions in telecommunications, internet, cyber-security, UAVs, and other deployments are likely to expedite both the rate of change and need for new solutions involving RF devices. That said, whether it’s the ability to reuse frequencies, operate vehicles of tomorrow, or have more fluctuations in smaller devices, the future of RF coaxial connectors is projected to be brighter and exceptional.
Looking into the impact of COVID-19 on overall connector industry, reliable reports have made claims that monthly orders of connectors grew up by 3.5 per cent in February this year while the sales hit up to 0.7% year-to-date. Such positive numbers despite the outbreak of pandemic have offered potential boost to the global connector business growth.
Connector producers and expansion scope through diversification
While the concept of Internet of Things is constantly expanding, connector companies are embracing diversification and establishing new areas of proficiency, such as active optical devices, antennas, electronic sensors, and packaging services.
Producers are almost leaving no stone unturned to exert their expertise into the business field while also looking forward to scoring a competitive edge over others via launch of novel and high performance connectors that support the need of the hour.
One such company, Progress- a leading provider of application development and digital experience technologies- barely announced the launch of new profile of Progress DataDirect connectors to help organizations and enterprises bridge the challenges of accessing data from incongruent marketing technology applications. As per company officials, the newly introduced set would include connectors of web analytics platforms, marketing automation platforms, and popular CRM.
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