Global Underwater Connectors Market Likely To Escalate At A CAGR Of More Than 8% During 2019–2025

19-Feb-2020 | Zion Market Research

Zion Market Research has published a new report titled “Global Underwater Connectors Market –By Type (Rubber Molded, Rigid Shell, Underwater Electrical Mateable Connectors, and Inductive Coupling), By Application (Telecommunication, Oil & Gas, Defense, Oceanographic, and ROVs/AUVs), And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” According to the report, the valuation of the global underwater connectors market exceeded USD 1 Billion in 2019 and is expected to reach close to USD 1.75 Billion in 2025, flourishing at a CAGR of over 8% between 2019 and 2025.

Browse the full “Global Underwater Connectors Market – By Type (Rubber Molded, Rigid Shell, Underwater Electrical Mateable Connectors, and Inductive Coupling), By Application (Telecommunication, Oil & Gas, Defense, Oceanographic, and ROVs/AUVs), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025.” Report at https://www.zionmarketresearch.com/report/underwater-connectors-market

Global Underwater Connectors Market

Underwater connectors, also known as subsea connectors, are the electrical sockets used to connect a circuit within the system or link two different systems apart via a set of cables. Underwater connectors have a wide array of applications in several sectors including telecommunication, oil & gas, defense, oceanographic, and ROVs/AUVs.

Underwater connectors are primarily used in surveillance operations conducted by commercial, research, and defense organizations, which eventually propels the global underwater connectors market. Key players are incorporating novel technologies and using several types of raw materials to manufacture new underwater connectors with enhanced performance and durability in submerged conditions. Various telecommunication and networking companies are demanding for high-speed data transfer systems for which they need hi-tech underwater connectors. Therefore, the global market players are investing in piles for designing new subsea connectors.

The defense sector is majorly demanding for the inductive coupling underwater connectors

The giant automotive fleet involved in the defense system comprises naval ships, submarines, and cruises. All these vehicles depend on motors and electric generators for momentum. To interlink the electric generators- and motor-propelled systems installed in the defense automotive, inductive coupling underwater connectors are preferred. The connectors enhance the efficiency of the system by integrating RADAR and SONAR technology along with the setting up of electro-optic cameras for constant observation. Hence, the expansion of the defense sector will eventually flourish the global underwater connectors market.

North America holds the dominating position in the global underwater connectors market

In 2019, North America's underwater market generated around 20% of the global market revenue owing to the presence of renowned industries ruling OEMs, drilling, and AUVs/ROVs sectors. The market players established within the regional premises are dedicated to offering enhanced services to the defense sector.

Some of the key players driving the global underwater connectors market are Glenair Inc., DWTEK CO. LTD., MacArtney Group, Baker Hughes, Souriau, Fischer Connectors SA, Lemo S.A., BIRNS Inc., Scorpion Oceanics Ltd., C.R. Encapsulation Limited, Marshall Underwater Industries Inc., Amphenol Corporation, OneSubsea, Teledyne Marine, Gisma Steckverbinder GMBH, Birns Aquamate LLC, Hydro Group PLC, Eaton Corporation, and Seacon Group.

The global underwater connectors market is segmented as:

Global Underwater Connectors Market: Type Segmentation Analysis

  • Rubber Molded
  • Rigid Shell
  • Underwater Electrical Mateable Connectors
  • Inductive Coupling

Global Underwater Connectors Market: Application Segmentation Analysis

  • Telecommunication
  • Oil & gas
  • Defense
  • Oceanographic
  • ROVs/AUVs

Global Underwater Connectors Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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