Electric Vehicle Connectors Market Set to Register Striking CAGR of 17.6% by 2029, Size, Challenges, Regional Analysis and Competitive Landscape

New York – United States

Data Bridge Market Research has unveiled a new report called Electric Vehicle Connectors Market which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape. The Electric Vehicle Connectors marketing report offers an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining crucial insight of the market. Such a brilliant report has been prepared by a team of enthusiastic analysts, skilled researchers, and experienced forecasters who work meticulously for the same. The wide-ranging market research report presents intelligent solutions to versatile business challenges and instigates an effortless decision-making process.

Data Bridge Market Research analyses that the electric vehicle connectors market is expected to reach a value of USD 169,019.42 Thousand by 2029, at a CAGR of 17.6% during the forecast period. The electric vehicle connectors’ market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Access an Exclusive Sample of Electric Vehicle Connectors Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-ev-connectors-market&Somesh=

Key Opportunities

  • Increasing Demand for V2X Solutions

As the EV market is expanding, demand is increasing for vehicle-to-everything (V2X) charging connector solutions. As EV adoption continues to grow, powerful connectors that can support EV charging will play a key role in both the development of the future automotive landscape, as well as contribute to the grid and residential energy systems. Thus, the increasing demand for V2X solutions is expected to increase the EV connector applications and use in EV and its allied sectors providing an opportunity for the global electric vehicle connectors market.

Some of The Major Players Operating In The Global Electric Vehicle Connectors Market Are:

  • YAZAKI Corporation
  • TE Connectivity
  • Sumitomo Electric Industries, Ltd.
  • HUBER+SUHNER
  • Tesla
  • REMA Lipprandt GmbH & Co. KG
  • BESEN INTERNATIONAL GROUP CO., LTD.
  • HARTING Technology Group
  • Weidmüller
  • BizLink Group
  • Japan Aviation Electronics Industry, Ltd. (JAE)
  • ITT Inc.

Recent Development

  • In June 2022, Robert Bosch GmbH announced the acquisition of the MoTeC Group. This acquisition will allow the company to boost its offered product portfolio in automotive technology and increase the market reachability
  • In April 2021, NINGBO DEGSON ELECTRICAL CO., LTD announced that the company had participated in the Munich Electronics Show at the Shanghai New International Expo Centre. The company has showcased a variety of products for various sectors and applications at this event. Through this, the company has increased its market reachability via showcasing its product capabilities and technical advancement

Global Electric Vehicle Connectors Market Segmentation:

By Type

  • Type 1
  • Type 2
  • Type 3

By Material

  • Aluminium
  • Copper

By Level

  • Level 1
  • Level 2
  • Level 3
  • Level 4

By Current Type

  • AC Charging
  • DC Charging

By Charging Speed

  • Slow
  • Fast
  • Rapid

By Mounting Type

  • Wall Mounted
  • Floor Mounted

By Cable Type

  • Straight Cable
  • Coiled Cable

By End User

  • Residential Charging
  • Commercial Charging

By Sales Channel

  • OEM
  • Aftermarket

By Vehicle Type

  • Plug-In Hybrid Vehicles
  • Battery Electric Vehicles

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