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3. Contactless Connector Companies - STMicroelectronics (Switzerland) and TE Connectivity (Switzerland) are the Key Players

The global contactless connector market is expected to be valued at USD 220 million in 2024 and is projected to reach USD 480 million by 2029; it is expected to grow at a CAGR of 16.9% from 2024 to 2029. Product launches, acquisitions, partnerships, collaborations, agreements, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfill the growing demand for Contactless connector from different verticals and expand their global footprint by offering their services in all the major regions.

Key players operating in the contactless connector market are STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Molex (US), Rosenberger Hochfrequenztechnik GmbH & Co. KG (Germany), Radiall (France), Weidmüller (Germany),  Uniqconn Inc. (South Korea), Phoenix Contact (Germany), Commscope (US), Omega Engineering Inc. (US), Powermat (Israel), CPC (US), ALTEC AUTOMOTIVE (UK), Laired Connectivity (US), Yamaichi Electronics Co. (Japan), YAZAKI Corporation (Japan), ODU GmbH & Co.KG (Germany), AVIC Jonhon Optronic Technology Co., Ltd (China), Samtec (US), Connectivity Group SA (Switzerland), Würth Elektronik eiSos GmbH & Co. KG (Germany), Powercast Corporation (US), Powersphyr Inc (US), Mojo Mobility Inc. (US), InductEV Inc. (US).

To know about the assumptions considered for the study download the pdf brochure

Major Contactless Connector companies include:

• STMicroelectronics (Switzerland)
• TE Connectivity (Switzerland)
• Molex (US)
• Rosenberger Hochfrequenztechnik GmbH & Co. KG (Germany)
• Radiall (France)

STMicroelectronics (Switzerland)

STMicroelectronics N.V. is a multinational semiconductor company headquartered in Geneva, Switzerland. The company develops, manufactures, and markets a wide range of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It operates through three main segments: the Automotive and Discrete Group, the Analog, MEMS and Sensors Group, and the Microcontrollers and Digital ICs Group. STMicroelectronics serves various markets, including automotive, industrial, personal electronics, communications equipment, and computers and peripherals. The company has a global presence, with manufacturing sites in several countries, including Italy, Singapore, France, Morocco, the Philippines, Malta, Malaysia, and China. With over 50,000 employees and a focus on innovation and sustainability, STMicroelectronics is a key player in the semiconductor industry.

TE Connectivity (Switzerland)

TE Connectivity is a global technology company that designs and manufactures connectivity and sensor solutions. The company offers a wide range of products, including connector systems, terminals, components, sensors, relays, heat shrink tubing, interventional medical components, wire and cable, and antennas. These products are used in various industries, including automotive, aerospace, defense, marine, industrial, medical, data and devices, appliance, and energy. TE Connectivity operates through three primary segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The company has a global presence, with manufacturing facilities and distribution centers across Asia-Pacific, Europe, the Middle East, Africa, and the Americas. TE Connectivity is headquartered in Schaffhausen, Switzerland, and employs approximately 90,000 people worldwide.

Molex (US)

Molex LLC is a global manufacturer of electronic, electrical, and fiber optic connectivity systems. The company offers a wide range of products, including connectors, sockets, cable assemblies, antennas, optical, printed circuit boards, automation, and lighting products. Molex serves various industries, including data centers, vehicles, industrial environments, medical technology, and consumer devices. The company has a global presence, with manufacturing facilities and distribution centers across more than 40 countries. Molex was established in 1938 and is headquartered in Lisle, Illinois. In 2013, Koch Industries purchased Molex for USD 7.2 billion, and it currently operates as a subsidiary of Koch Industries. Molex is considered the second-largest electronic connector company in the world.

Rosenberger Hochfrequenztechnik GmbH & Co. KG (Germany)

Rosenberger Group is a German-based company that specializes in providing connectivity solutions across various industries. The company offers radio frequency (RF), high-voltage, and fiber optic connections, with a focus on precision and reliability. Rosenberger Group has over 6,200 employees worldwide, with manufacturing facilities in Germany, Hungary, Sweden, Denmark, the UK, Spain, the USA, Brazil, China, and India. The company serves a diverse range of industries, including mobile and telecommunications, industrial measurement technology, automotive electronics, medical and industrial electronics, data technology, and aerospace. Rosenberger Group is known for its innovative approach to RF technology and has an ever-growing international presence. The company is headquartered in Germany and has a strong commitment to cutting-edge technology and highly efficient manufacturing processes.

Radiall (France)

Radiall is a global manufacturer of interconnect components and associated products for various electronic applications. The company was founded in 1952 to produce coaxial plugs for the emerging television industry. Radiall offers a wide range of products, including coaxial connectors and cable assemblies, antennas, fiber optic components, microwave components, and multipin connectors. The company serves the aerospace, defense, industrial, instrumentation, telecom, space, and medical markets. Radiall is headquartered in France and has expertise centers and manufacturing locations on three continents and 13 countries. The company has nine manufacturing plants located in the United States, Mexico, France, China, and India. Radiall's products are distributed through various channels, including DigiKey Electronics. The company has a strong commitment to innovation and has been involved in partnerships and acquisitions to expand its product portfolio and market presence.

Related Reports:

Contactless Connector Market by Product Type (Wireless Charging, Wireless Data Transfer), Technology (Inductive Coupling, RF, Magnetic Field), Operation (Simplex, Half-duplex, Full-duplex), Data Rate Gbps (1, 3, Up to 6) - Global Forecast to 2029

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