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Underwater Connectors Market Share
- Report ID: GMI4234
- Published Date: May 2021
- Report Format: PDF
Underwater Connectors Market Share
Key players operating in the underwater connectors market are
- Amphenol Corporation
- Birns Aquamate LLC
- C.R. Encapsulation Limited
- Eaton Corporation
- Fischer Connectors SA
- Teledyne Marine
These companies are continuously focusing on new product innovation and research & development activities to cater to the high competitive edge in the industry.
Frequently Asked Questions (FAQ) :
Underwater connectors market size surpassed USD 1 billion in 2020 and witness a CAGR of 6.8% through 2027 with increasing underwater mining activities across the globe.
Rubber molded underwater connectors held a market share of 31.50% in 2020 and will record around 6% CAGR through 2027 owing to their burgeoning demand in several applications such as ROVs, underwater cameras, communication systems, etc.
Telecommunication segment had captured a 30% market share in 2020 and will register a CAGR of 7.5% through 2027 on account of the growing need for high-speed internet and network connectivity to expedite digitalization and work-from-home initiatives.
Asia Pacific underwater connectors market had accounted for over 35.5% revenue share in 2020 and will observe a CAGR of over 7.5 % through 2027 due to ongoing development & integration of AUVs & UUVs in mining activities and defense applications.
Underwater Connectors Market Scope
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