Heavy-Duty Connector Market Scope and Analysis by 2031
Heavy-Duty Connector Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 3.31 Billion |
Market Size by 2031 | US$ 5.31 Billion |
Global CAGR (2023 - 2031) | 6.8% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Heavy-Duty Connector Market News and Recent Developments
The heavy-duty connector market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In July 2023, ABB launched high-voltage connectors for heavy-duty electric vehicles. The launched connectors are of a range of hinged high voltage connector backshells with its Harnessflex EVO Connector Interfaces for heavy-duty electric vehicles.
(Source: ABB, Company Website, 2023)
- In May 2020, Inovance launched the MD200 3 PH VFD in India to increase market share for basic applications. The device is now available in three pH ranges, 0.4 to 3.7 kW. INOVANCE also developed the CS710 VFD for specialist crane control with anti-sway technology, increasing the bar in the Indian crane market. In India, this type will be available in 3ph 0.4 to 160 kW.
(Source: Inovance, Company Website, 2022)
Heavy-Duty Connector Market Report Coverage and Deliverables
The "Heavy-Duty Connector Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles