Market Share of IC Socket Industry
The IC Socket market is neither highly competitive nor has a limited number of players. The IC Socket market is witnessing many mergers and acquisitions among regional players. In the past few years, acquisitions have been one of the major growth strategies of the companies to increase their revenue share in the market.
- March 2020: TE Connectivity Ltd announced the acquisition of First Sensor AG. This tech startup primarily develops and produces sensors for applications, including advanced electronics, pressure, and photonics for industrial, transportation, and medical industry. This acquisition will allow the company to leverage its combined expertise to provide a broader range of products, including sensors, connectors, and sockets. The company aims to leverage the acquisition as part of the growth strategy.
IC (Integrated Circuit) Socket Market Leaders
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TE Connectivity Ltd.
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Smiths Interconnect Inc.
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Yamaichi Electronics Co. Ltd.
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Enplas Corporation​
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Leeno industrial Inc
*Disclaimer: Major Players sorted in no particular order