Subways Segment to Dominate Europe Railway Connectors Market through 2025

Increasing demand for different types of wagons in railways is expected to drive the growth of Europe railway connectors market

According to TechSci Research report, “Europe Railway Connectors Market By Connector Type (Broad Level Connectors/PCB Connectors, Power Connectors, RF/HF Coaxial Connectors, Data Connectors, Pogo Pin Connectors/Spring Load Connectors, Modular & Mix Connectors),  By Size (Connectors Body and Backshell),   By Platform (Rolling Stock and Signaling/Infrastructure), By Application (Diesel Multiple Units (DMUs), Electric Multiple Units (EMUs), Light Rails/Trams, Subways/Metros, Passenger Coaches), By Country, Forecast & Opportunities, 2025”, the Europe railway connectors market is expected to grow at a steady rate during the forecast period owing to the increasing demand for advanced signaling equipment. Additionally, the incorporation of big data, IoT, cloud, in the railway industry is further expected to propel the market during the next five years. However, high overhaul and maintenance costs can hamper the market until 2025.

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The Europe railway connectors market is segmented based on connector type, size, platform, application, company and regional distribution. Based on connector type, the market can be fragmented into broad level connectors/PCB connectors, power connectors, RF/HF coaxial connectors, data connectors, pogo pin connectors/spring load connectors, modular & mix connectors. The power connectors segment is expected to dominate the market during forecast period. This can be accredited to the growing demand for power and voltage for specific critical applications such as metro rail, light/tram rail, base station installations, among others.  Based on size, the market can be divided into connectors body and backshell. The connectors body segment is expected to dominate the market owing to their extensive use in modular machine design, factory automation, robotics, transportation, power generation, among others. Based on platform, the market can be bifurcated into rolling stock and signalling/infrastructure. The signalling/infrastructure is expected to register significant growth during forecast period attributable to the fact that it ensures increased safety in trains and provides ease in operations. The signalling system receives the track data from different locations and then analyzes it. The analyzed data is then converted to an electronic signal which warns the rail engineers about the movement authority limits, speed limits, and track conditions ahead. On the other hand, rolling stock is expected to hold a significant market share during forecast period. This can be ascribed to the advancements in technologies such as turbochargers, power electronics, and semiconductors. Additionally, it reduces the weight of the vehicle that helps in improving the speed and comfort of transit systems. Based on application, the market can be fragmented into diesel multiple units (DMUS), electric multiple units (EMUS), light rails/trams, subways/metros and passenger coaches. The subways/metros dominate the market on account of the increasing urbanization and the growing need for a sustainable mode of transportation.

TE Connectivity, Amphenol Corporation, Molex Incorporated, ITT, Smiths Interconnect, Fischer Connectors, Esterline Technologies, Schaltbau, Sichuan Yonggui Science and Technology, TT Electronics and others are some of the leading players operating in Europe railway connectors market. For instance, in February 2018, Amphenol Corporation expanded its RJ Field & USB Field range of rugged connectors with two new reduced flange versions of RJF TV6 and USB3F TV for reduced spaces railway applications. The RJ and USB reduced flange receptacles combine space and weight savings with performances equal to standard RJF TV6 and USB3F TV receptacles.

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“Europe railway connectors market is expected to witness growth during the forecast period, owing to the fact that adoption of high-end technology is lower in the East European countries as compared with the West European countries such as the UK, Germany, France, and Spain. Additionally, presence of key players such as Fischer Connectors, Schaltbau, TT Electronics, among others in the region further strengthens the market in the region. Furthermore, the locos in Europe are being equipped with advanced technologies such as wireless radio connection, data transmission, among others thereby fueling the growth of market..” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Europe Railway Connectors Market By Connector Type (Broad Level Connectors/PCB Connectors, Power Connectors, RF/HF Coaxial Connectors, Data Connectors, Pogo Pin Connectors/Spring Load Connectors, Modular & Mix Connectors),  By Size (Connectors Body and Backshell),   By Platform (Rolling Stock and Signaling/Infrastructure), By Application (Diesel Multiple Units (DMUs), Electric Multiple Units (EMUs), Light Rails/Trams, Subways/Metros, Passenger Coaches), By Country, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe railway connectors market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe railway connectors market.

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