Heavy-Duty Connector Market to see a Growth of 2.95 Billion USD by 2025 a Report by top competitors like ITT INC., HARTING Technology Group, Wieland Electric GmbH, TE Connectivity, CHINA UTILITY ELECTRICAL CO., LTD, Lapp Group, Amphenol Sine Systems

This market report defines the market trends and forecast the upcoming opportunities and threats of the heavy-duty connector market in the next 8 years. Heavy-duty connectors help in protecting interfaces and confirm safe power transmission even at the severe condition. These types of connector are resistant to vibrations, water, dirt and high mechanical strain. Heavy-duty connectors are utilized at a time of simple, secure and time consuming assembly of facilities and machinery. Increasing acceptance of industrial automation solutions is one of the factors which have driven this market. For instance, Xiamen Wain Electrical Co., Ltd., a China based company, mostly utilizing WAIN heavy duty connector in automobile production line due to its various features such as dust and pollution resistance, proper maintenance and higher efficiency.
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The Global Heavy-Duty Connector Market accounted for USD 2.72 billion in 2017 and is projected to grow at a CAGR of 4.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Major Market Competitors:
•ITT INC.
•HARTING Technology Group
•Wieland Electric GmbH
•TE Connectivity
•CHINA UTILITY ELECTRICAL CO.LTD
•Lapp Group
•Amphenol Sine Systems
•Weidmüller Interface GmbH & Co. KG
•Xiamen Wain Electrical Co
•ODU GmbH & Co. KG
•Smiths Interconnect
•Molex
•H.H. Barnum Company
•NEO – TECH Control Systems
•OEM Automatic
•Pheonix Contact
•Walther Electric
•Weald Electronics Ltd

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Competitive Analysis:
The global heavy-duty connector market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Drivers and Restraints:
• Increase in the investment in renewable energy
• Rising importance of industrial safety
• Implication of government regulations and safety standards
• Increasing acceptance of industrial automation solutions
• Lack in Coordination of Standards
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Market Segmentation:
•The global heavy-duty connector market is segmented based on component, material, termination method, application and geographical segments.
•Based on component, the global heavy-duty connector market is segmented into inserts and contacts, hoods and housings, accessories.
•On the basis of material, the global heavy-duty connector market is segmented into plastic and metal.
•On the basis of termination method, the global heavy-duty connector market is segmented into screw, crimp and others.
•On the basis of application, the global heavy-duty connector market is segmented into construction, manufacturing, oil and gas, railway and others.
•Based on geography, the global heavy-duty connector market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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