Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 857.11 Million | USD 1979.39 Million | 8.73% | 2024 |
The global board-to-board (BtoB) floating connectors market size was worth around USD 857.11 Million in 2024 and is predicted to grow to around USD 1979.39 Million by 2034 with a compound annual growth rate (CAGR) of roughly 8.73% between 2025 and 2034. The report analyzes the global board-to-board (BtoB) floating connectors market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the board-to-board (BtoB) floating connectors industry.
The report analyzes the global Board-to-board (BtoB) Floating Connectors market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Board-to-board (BtoB) Floating Connectors market.
An electromechanical connection that corrects for X, Y, and Z axis misalignments is called a floating connector. In contrast to a conventional connection, the floating connector has its mating contact suspended above the PCB by specially created terminals. Instead of being straight like the conventional ones, the terminals are twisted to provide them flexibility. The floating connector offers the following benefits, and this flexibility is essential to them. The board-to-board floating connectors is being driven by several factors including growing manufacturing automation, increasing consumer electronics industry, rising automotive sector, and increasing investment.
The advantages of floating connectors over traditional ones drive the market growth
The benefits offered by the floating connectors over a traditional one are expected to drive the market growth over the forecast period. There are various advantages such as misalignment absorption, terminal stress reduction, and fretting reduction. Using the spring-like terminals, floating connectors can resist misalignments of up to 0.7 mm in the X and Y axes and 0.5 mm in the Z axis. Additionally, because of the cumulative misalignment of traditional ones, it is less probable that the PCB will be loaded with several board-to-board floating connections during assembly. Moreover, mechanical stress can accumulate inside the terminals of conventional connectors when the mating surfaces are out of alignment. This would eventually result in a fault by causing the solder junctions to fracture over time. However, this is decreased for the floating connection due to the degree of flexibility provided by its elastic terminals, which lessen the tension even when a misalignment does occur. Thus, these characteristics of floating connectors are expected to drive the board-to-board floating connectors market growth during the forecast period.
The high cost and complexity of design & integration hamper the market growth
Floating connectors may cost more than conventional connectors because they include more sophisticated features and superior materials. Price issues may restrict their implementation in situations where costs are important. In addition, using rigid connectors might be simpler than implementing BtoB floating connectors. It might be difficult to ensure good alignment and electrical performance while designing the connectors. For some applications, integration with current systems may necessitate adjustments, making them less appealing. Therefore, this is expected to hamper the board-to-board floating connectors industry growth over the forecast period.
The growing automotive industry is expected to offer an attractive opportunity for the market expansion
The growing automotive sector is expected to offer a potential opportunity for market growth during the forecast period. These connectors have several applications in the vehicles such as in the GPS, infotainment, and wireless modules. The innovative floating board-to-board connectors, which improve the reliability, performance, and longevity of the complete automobile electronics, are used in place of the conventional board-to-board connectors. For instance, according to the Society of Indian Automobile Manufacturers, a total of 38,90,114 passenger vehicles were sold overall, up from 30,69,523. In comparison to the prior year, sales of Passenger Cars climbed from 14,67,039 to 17,47,376, Utility Vehicles from 14,89,219 to 20,03,718, and Vans from 1,13,265 to 1,39,020 units in FY-2022–23. Sales of commercial vehicles as a whole went up from 7,16,566 to 9,62,468 units. In comparison to the prior year, sales of Light Commercial Vehicles climbed from 4,75,989 to 6,03,465 units while those of Medium and Heavy Commercial Vehicles increased from 2,40,577 to 3,59,003 units. Thus, the aforementioned facts support the board-to-board floating connectors market growth over the analysis period.
Concern regarding reliability and durability poses a major challenge to the market growth
It's essential to guarantee the long-term reliability and durability of floating connectors, particularly in applications subject to harsh environments, vibrations, and temperature cycles. Any deterioration in performance over time might cause customers serious worry. Therefore, the concern regarding the reliability and durability of floating connectors might pose a major challenge for the market growth over the projected period.
The global board-to-board (BtoB) floating connectors market is segmented based on Type of Connector, Application Industry, Material Type, Mounting Type, Number of Pins, and region.
Based on Type of Connector, the global board-to-board (BtoB) floating connectors market is divided into Vertical Connectors, Horizontal Connectors, Right Angle Connectors, Custom Configurable Connectors.
On the basis of Application Industry, the global board-to-board (BtoB) floating connectors market is bifurcated into Consumer Electronics, Automotive, Telecommunications, Industrial Automation, Medical Devices.
By Material Type, the global board-to-board (BtoB) floating connectors market is split into Plastic Connectors, Metal Connectors, Hybrid Connectors.
In terms of Mounting Type, the global board-to-board (BtoB) floating connectors market is categorized into Surface Mount Connectors, Through-Hole Mount Connectors.
By Number of Pins, the global Board-to-board (BtoB) Floating Connectors market is divided into 1-10 Pins, 11-20 Pins, 21-30 Pins, 31+ Pins.
Report Attributes | Report Details |
---|---|
Report Name | Board-to-board (BtoB) Floating Connectors Market |
Market Size in 2024 | USD 857.11 Million |
Market Forecast in 2034 | USD 1979.39 Million |
Growth Rate | CAGR of 8.73% |
Number of Pages | PagesNO |
Key Companies Covered | IRISO Electronics, Hirose Electric, Amphenol, JAE, Molex, Kyocera, Samtec, KEL Corporation, Greenconn Technology, Yamaichi, Jinling Electronics, DDK Ltd, ShenTai WeiXiang Electronics, and others. |
Segments Covered | By Type of Connector, By Application Industry, By Material Type, By Mounting Type, By Number of Pins, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2024 |
Forecast Year | 2025 to 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The Asia Pacific is expected to hold the largest market share over the forecast period
The Asia Pacific is expected to hold the largest global board-to-board floating connectors market share over the forecast period. The regional growth is attributed to the growing consumer electronics and automotive sectors. In the region, the countries like India and China capture a significant market share in these industries, in turn, drive market expansion. For instance, the International Federation of Robots reports a 27% rise in the number of robot technology installations in industrial settings in China, with a further 75% growth predicted by 2019. China is anticipated to attain a density of around 150 per 10,000 human employees by 2021, which will boost automation throughout the consumer electronics sector. Moreover, according to information from the Ministry of Industry and Information Technology, approximately 26 million vehicles, including 21.48 million passenger cars, were sold in 2021, an increase of 7.1% from the previous year. Thus, the aforementioned facts drive the market revenue growth in the region.
On the other hand, North America is expected to capture a significant market share over the forecast period. The expansion of telecommunication networks and data centers drives the demand for high-speed and reliable connectors in the region. For instance, according to secondary analysis, by 2025, it is anticipated that network infrastructure improvements would have increased the GDP in the United States by up to 1.5 trillion dollars. In California alone, the adoption of 5G is predicted to generate 253 billion dollars and up to 2.39 million jobs, while New York and Texas are also anticipated to generate more than 130 billion dollars. Therefore, these stats support the market growth in the region.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the board-to-board (BtoB) floating connectors market on a global and regional basis.
The global board-to-board (BtoB) floating connectors market is dominated by players like:
The global board-to-board (BtoB) floating connectors market is segmented as follows;
By Type of Connector
By Application Industry
By Material Type
By Mounting Type
By Number of Pins
FrequentlyAsked Questions
An electromechanical connection that corrects for X, Y, and Z axis misalignments is called a floating connector.
The global board-to-board (BtoB) floating connectors market is expected to grow due to rising demand in consumer electronics, increasing miniaturization of devices, growth in automotive electronics, and advancements in high-speed, reliable interconnection solutions.
According to a study, the global board-to-board (BtoB) floating connectors market size was worth around USD 857.11 Million in 2024 and is expected to reach USD 1979.39 Million by 2034.
The global board-to-board (BtoB) floating connectors market is expected to grow at a CAGR of 8.73% during the forecast period.
Asia-Pacific is expected to dominate the board-to-board (BtoB) floating connectors market over the forecast period.
Leading players in the global board-to-board (BtoB) floating connectors market include IRISO Electronics, Hirose Electric, Amphenol, JAE, Molex, Kyocera, Samtec, KEL Corporation, Greenconn Technology, Yamaichi, Jinling Electronics, DDK Ltd, ShenTai WeiXiang Electronics, among others.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed