The industrial connector market - France

The global market for electrical and communication cables has been experiencing growth, with predictions of continued expansion in the short to medium term. As of 2020, the market was estimated to be growing, driven by the demand in key sectors like automotive—especially with the rise of electric vehicles—industry, and aeronautics, which combined constitute 85% of the market sales. The automotive sector's gradual shift towards electric and hybrid vehicles has notably spurred growth, with a significant increase in the number of electric vehicles registered, indicating a strong trajectory for further expansion. France plays a pivotal role in sectors like aeronautics, with its sizeable contribution to the European space budget promising market share opportunities in the connector segment. Additionally, the French government's "France Très Haut Débit" plan aims to boost the optical fiber network, propelling the demand for connectors. Major market players in France include Nexans S.A., Prysmian Cables Systèmes France, and Silec Cable SAS, with the market being characterized by a variety of connector products and a fragmented manufacturing process. The market also needs to adhere to European and French regulations regarding electrical products. Despite this positive outlook, threats from wireless technologies like WiFi and Bluetooth pose potential risks to the market's future..Exploring the Dynamics of the French Connector Market: Trends and Key Figures The French connector market, focusing on the critical segments of electrical and communication cables, is a bustling landscape where the intersection of multiple disciplines like plastics processing, chemistry, mechanics, and electronics takes place. This market, representing 25% of the overall electronic components market, is vibrant due to the constant technological advancements that keep shaping its demand. Despite the introduction of wireless systems like WIFI and Bluetooth, the emergence of new technologies such as optical fibre has revitalized the sector, offering a balance of challenge and opportunity for market players. The market analysis reveals a global connector industry in expansion, with an estimated value of between $65 and $85 billion in recent years. Expected to grow significantly towards the mid-2020s, Asia, primarily through China, and North America, led by the United States, command the largest market shares, with Europe, considered as a whole, not far behind. France holds a significant position within Europe, with its national market sized at approximately €2.7 billion, carried predominantly by the energy cables sector. In particular, three key sectors: automotive, industry, and aeronautics and defence, are propelling the connector market, accounting for 85% of its revenue. The transformative shifts in the automotive industry, especially towards electric and autonomous vehicles, have led to a surging demand for connectors, which is bolstered by the push for electric vehicles in France, demonstrating growth by over 1,500% in less than a decade. Moreover, the expansion of charging infrastructure to accommodate these vehicles is creating a growing demand for connectors. France also holds promise within the aeronautics sector owing to its substantial contribution to the European space budget, which opens opportunities for its connector companies. Similarly, the nationwide rollout of the optical fibre network, led by the "France Très Haut Débit" plan, underscores a significant market opportunity, with France already being a leader in household connections. Key players in the French market include leaders like Nexans S.A. and Prysmian Cables Systèmes France, although the market share seems to be slightly fading in favor of upcoming competitors like Silec Cable SAS. The overall number of companies in the connectivity sector had seen a downward trend until a recent recovery fueled by the increase in companies manufacturing fibre optic cables. The manufacturing process of connectors in France is quite fragmented, and while the range of products is diverse, the market is not universally competitive due to the specialized nature of different types of connectors. European and.### Key Market Players in the French Electrical and Communication Cables Industry The French market for electrical and communication cables is a dynamic segment with several major companies that have established strong positions through innovation, extensive product lines, and strategic market coverage. These players are instrumental in driving the industry forward and are poised to capitalize on growing opportunities in various sectors, including automotive, aerospace, and telecommunications. **Nexans S.A.** stands out as a leading force in the market, known for its comprehensive range of cable solutions that cater to a wide array of industries. With its prominence in the market, Nexans demonstrates a commitment to quality and durability, ensuring that its products meet the rigorous demands of modern electrical and data transmission applications. **Prysmian Cables Systèmes France** is another significant contributor to the market, offering a vast selection of cable products for different uses. The company has a reputation for innovation and excellence, delivering solutions that embody the latest technological advancements and meet the strictest industry standards. **Silec Cable SAS,** although a newer entrant compared to the previous two giants, has swiftly climbed the ranks to become a key player. This company has carved out a niche through specialization and the provision of unique cable solutions that address specific needs within the electrical and communication cable market. **Alcatel Submarine Networks** has a specialized focus on undersea cable systems, playing a pivotal role in international data and communication networks. Their expertise in this area is crucial for the global connectivity infrastructure, ensuring that continents remain connected through high-speed data links. **Acome** is regarded for its innovation in cable manufacturing, particularly in the fields of automotive and telecommunication infrastructure. Their progressive approach to cable technology makes them a significant entity within the market, constantly pushing the boundaries of performance and reliability. The synergy between these companies fosters a competitive and vibrant market landscape in France, facilitating advancements in cable technologies and production methods that benefit both the industry and consumers alike. Their collective efforts and collaborative spirit are further shaping the future of connectivity, signaling a promising trajectory for the market's continued growth and evolution.

Inforamtion

• Number of pages : 30 pages
• Format : Digital and PDF versions
• Last update : 07/10/2020

Update Details

---

Summary and extracts

List of charts

• Marché de la connectique
• Répartition des ventes par région
• Production de voitures pour particuliers
• Voitures électroniques immatriculées
• Acteurs majeurs de la connectique
• Nombre d'entreprises dans le marché de la connectique
• Distribution des entreprises du marché selon leur région
• Principaux pays destinataires des exportations
• Principaux pays d'origine des importations

Show more Hide

---