Heavy Duty Connector Market size worth US$3.298 billion in 2029
The heavy-duty connector market is expected to grow at a CAGR of 6.28%, from US$2.327 billion in 2022 to US$3.298 billion in 2029.
An electrical connector is a device that joins electrical termination, to create a circuit. An electrical connector is generally of three types, board-to-board, cable/wire-to-cable/wire, and cable/wire-to-board connector. Similarly, a heavy-duty connector or HDC is an industrial connector, which is designed to transmit power, data, and signal in tough conditions. A connector finds its application across multiple industries, like manufacturing, railways, and construction among others. It allows the user to build communication bridges between circuits and allows current flow.
The heavy-duty connector market has observed an increase in demand over the years, with the introduction of new technologies, which increase the efficiency of the products, like an increase in the load capacity. For instance, in February 2024, Weald Electronics launched its new LMR series of connectors, which offers a greater peak working voltage of about 800V, with a 5A current rating. The product is designed with a rugged construction design, optimum for heavy-duty use, and also offers a working temperature of about +123 degrees to -55 degrees Celsius.
The connector industry is witnessing increasing demand, with the adoption and introduction of various producing and using technologies. Companies are developing new connectors with different materials, like composite materials, to increase its life cycle and increase its durability. In July 2023, ABB, a global leader in electrification and automation, launched its new Harnessflex EVO electrical connector, for heavy-duty electric vehicles. The company offers a tamper-proof design with an integrated clip system, and it also adds an extra layer of security from the high voltages. In March 2022, EOA launched its series 82 connector, which offers vibration resistance to the cable connector. According to the company, the product is applicable in multiple industries, like manufacturing, heavy-duty automotive, and passenger transportation systems.
The heavy-duty connector market by component is segmented into insert, housing, accessories, base, and hood. The housing category, under the component segment of the heavy-duty connector market, is expected to attain maximum share. A connector housing offers mechanical support, which is required for the connection. It helps to exert and maintain pressure on the contact point, ensuring a proper connection.
The heavy-duty connector market by termination is segmented as screw, crimp, and others. Under the termination segment, the crimp is anticipated to attain the maximum share of the heavy-duty connector market. A crimp is a type of electrical connection, which doesn’t require soldering. In this, the device or accessory inserts physical pressure to connect the joints.
The heavy-duty connector market by material is segmented into two categories, plastic and metal. In this segment, the plastic category is anticipated to attain a significant market share in the heavy-duty connector. The plastic connector offers cost efficiency and can also be produced at a higher volume. The plastic heavy-duty connector can also be used for numerous applications, and across multiple industries.
The heavy-duty connector market by industry vertical is segmented as manufacturing, oil & gas, railways, construction, energy & power, and others. Under the industrial vertical segment of the heavy-duty connector market, the construction sector is probable to attain a higher market share. The construction landscape of the globe is increasing rapidly, with new projects being inaugurated constantly. Especially in developing countries, infrastructural construction is being boosted, with new and better technologies, to improve the efficiency of the project.
Based on geography, the heavy-duty connector market is expanding significantly in the Asia Pacific region, as the region is among the global sectors of multiple industries, like manufacturing, railways, and construction. Countries like India, China, Vietnam, and Indonesia, are among the global manufacturing hubs for various industries, like automotive, consumer electronics, and others. Similarly, the Asia Pacific region also offers the largest railway network in countries like India, Pakistan, Bangladesh, and China, One of the industries with growing demand for heavy-duty connectors.
As a part of the report, the major players operating in the heavy-duty connector market that have been covered are TE Connectivity Ltd, HARTING Technologiegruppe, Phoenix Contact, Amphenol Corporation, Molex, LLC (Koch Industries), Weidmüller Interface GmbH & Co. KG, Wieland Electric GmbH, Smiths Interconnect, ODU GmbH & Co. KG, and Walther-Werke
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/heavy-duty-connector-market
This analytics report segments the heavy-duty connector market as follows:
- By Component
- Inserts
- Housings
- Accessories
- Base
- Hood
- By Termination
- Screw
- Crimp
- Others
- By Material
- Plastic
- Metal
- By Industry Vertical
- Manufacturing
- Oil and Gas
- Railways
- Construction
- Energy and Power
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- UAE
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Thailand
- Indonesia
- Taiwan
- Others
- North America
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