By EB Bureau
Thursday, January 2, 2013: According to Bishop & Associates Inc, India’s connector market is growing rapidly and is expected to reach US$ 1.2 billion by 2017. The communications market in India is moving towards high density, high speed connectors, transceivers and active optical cables. Another trend we are observing now is that the demand for communication connectors are finding new potential use in industrial sectors due to advancements in industrial activities and evolving technological requirements. Some examples include the remote monitoring of solar farms, energy monitoring devices and medical diagnostics.
There is also growing demands for miniaturised connectors as industrial requirements are shifting towards low pitch connectors for more real estate on the PCBs. The consumer market is also driving this development as smartphone and tablet usage continues to proliferate in India and this contributes significantly to demands for miniaturized connectors.
Buying trends in the connectors market in India
For standard products with high volume of sales, cost remains to be one of most sensitive factors for our customers. However, customers are ready to invest heavily in high-end, innovative solutions that are niche or customized and not high-volume. Demand is also increasing for high-end interconnection solutions from our customers due to India’s advantage in labor cost, freight and exchange variations.
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