The High Voltage Wiring Connectors Global Market Report 2023, provides comprehensive information on the high voltage wiring connectors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The High Voltage Wiring Connectors Market’s Growth:
The global high-voltage wiring connectors market is expected to grow from $3.37 billion in 2022 to $3.61 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The high-voltage wiring connectors market is expected to reach $4.64 billion in 2027 at a CAGR of 6.5%.
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Product innovation is a key trend gaining popularity in the high-voltage wiring connectors market. Major companies operating in the high-voltage wiring connectors market are developing innovative products to sustain their position in the market. For instance, in June 2021, TE Connectivity, a Switzerland-based consumer electronics company, launched the IPT-HD power bolt high-voltage connector, a cutting-edge solution designed for electric vehicles (EVs) operating in challenging environments. The IPT-HD power bolt connector complies with ISO and LV standards, ensuring compatibility and reliability. It features a new shielding design that enhances electromagnetic compatibility (EMC) performance. The connector offers low-contact resistance and supports thicker conductor cross-sections, making it suitable for motor control units (MCUs), electrical axles, and motor applications in EVs. TE Connectivity’s IPT-HD power bolt connector series is available in conductor cross-sections of 50 mm2 and 70 mm2, with a 95 mm2 option soon to be released. The series includes a separate, single-wiring harness, which enhances assembly flexibility. This connector offers superior EMC performance, improved assembly efficiency, and broader application possibilities in the rapidly evolving field of alternative-energy vehicles.
The high voltage wiring connectors market is segmented:
1) By Product: Crimp-On Connector, Plug And Socket Connector, Component And Device Connector, Blade Connector, Other Products
2) By Application: Electric Vehicles, Renewable Energy Systems, Aerospace, Industrial Equipment, Telecommunications, Other Applications
3) By End-User Industry: Automotive, Energy, Aerospace And Defense, Consumer Electronics, Healthcare, Other End Users
Asia-Pacific was the largest region in the high voltage wiring connectors market in 2022.
The table of contents in TBRC’s high voltage wiring connectors market report includes:
- Executive Summary
- High Voltage Wiring Connectors Market Characteristics
- High Voltage Wiring Connectors Market Trends And Strategies
- High Voltage Wiring Connectors Market – Macro Economic Scenari
- High Voltage Wiring Connectors Market Segmentation.
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- Global High Voltage Wiring Connectors Market Competitive Benchmarking
- Global High Voltage Wiring Connectors Market Competitive Dashboard
- Key Mergers And Acquisitions In The High Voltage Wiring Connectors Market
- High Voltage Wiring Connectors Market Future Outlook and Potential Analysis
- Appendix
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