Solid State Connector Market To Expand Substantially Owing To Technological Innovations By 2024

The demand for solid state connector technologies has got a proportionate boost from rising adoption of solid-state lighting (SLL) technologies. In various parts of the globe, the market for technologies light-emitting diode (LED) or organic light-emitting diode (OLED) has gathered immense pace in recent decades. Choosing the right solid state connector has been one of the key determinants of designing high performing SSL luminaries. The market is witnessing an array of commercial off-the-shelf (COTS) connectors custom designed to meet special performance characteristics.

These solid state connectors find attractive use in a variety of application areas mainly including data communications, telecommunications, solar power, military, traffic signs, medical, and electric vehicles. With the noteworthy rising adoption of solid-state lighting technologies among consumers in emerging and developed regions, the demand for solid state connectors will witness wide fillip. This has led manufacturers to engineer specialized solutions in the market.

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The demand for solid state lighting technologies to meet specialized environmental and reliability demands is likely to unlock exciting prospects. Engineers are working on innovative designs focused on improving the performance and cost requirements. The rising demand for connector solutions for wire-to-board application in power-intensive environments is also likely to create new avenues in the market. The advent of solid-state lighting connectors that can work in harsh environments is a welcome trend.

The market for solid state connector technologies is also expected to benefit substantially from the significant strides being experienced by the information technology and the telecom sector. The widespread application of LEDs in the industrial, commercial and residential sectors is a notable factor expected to aid in the swift expansion of the market. The rising awareness levels of the use of LED in worldwide populations is a striking factor positively impacting the growth of the solid state connector market

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Geographically, North America held the largest share in the in the solid state connector market. Presence of large number of solid state connector manufacturers in this region is the primary reason behind this region’s dominance. However, in terms of growth, Asia Pacific region is predicted to dominate the global solid state connector market. Various initiatives taken by the government to reduce the demand for conventional lighting in lieu of power efficient and high resolution lighting technology is the primary factor responsible to drive the demand of solid state lighting connector during the during the forecast period.

Some of the major players operating in the solid state connector market include TE Connectivity (Switzerland) and Texas Instruments (U.S) among others.

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