The heavy-duty connector market is projected to grow at a CAGR of 4.34% during the forecast period of 2020 to 2025

Knowledge Sourcing Intelligence announces the publication of a new report titled "Heavy-duty connector Market - Forecasts from 2020 to 2025". The heavy-duty connector is used in machinery parts and other facilities for improved transmission of signals and power & energy. They are used across various industries such as manufacturing, power, and railways among others.

According to the report, the heavy-duty connector market is projected to grow at a CAGR of 4.34% during the forecast period 2020-2025. The growth of the heavy-duty connector market is driven by government regulations or acts like the Occupational Safety and Health Act 1970 (United States), and the Health and Safety at Work, etc. Act 1974 (United Kingdom), among others. Besides, industrial automation, which involves installment of advanced control devices and technologies to run the machinery, also raises the demand for heavy-duty connectors. The efficiency of heavy-duty connectors can withstand harsh environments too, which is also a driving factor for this market. The heavy-duty connectors are becoming more efficient in terms of their capabilities with the technological advancements and innovations by major players in this market. Geographically, the Asia-Pacific region is anticipated to witness the high growth of this market due to the rising investments in projects associated with railways, construction, and other manufacturing facilities. Increasing disposable incomes and urbanization is also escalating the growth of this market in this region. The American region also shares a major portion of this market owing to high investments in industrial automation.

With regards to the various applications for this market, the manufacturing and construction sectors hold a substantial share of the market and are expected to grow at a high CAGR, throughout the forecast period, owing to the increasing number of projects undertaken and also growing sophistication of processes through automation.

Some of the major players covered as part of the report are TE Connectivity, Harting technology, Premier Farnell, Phoenix Contact, Amphenol Corporation, and Wieland Electric GmbH among others.

Segmentation
o By Component
o Base
o Hood
o Inserts
o Housings
o Accessories

o By Termination
o Screw
o Crimp
o Others
o By Material
o Plastic
o Metal

o By Industry vertical
o Manufacturing
o Construction
o Railways
o Robotics
o Energy & Power
o Others

o By Geography
o North America
o USA
o Canada
o Mexico

o South America
o Brazil
o Argentina
o Others

o Europe
o Germany
o France
o United Kingdom
o Others

o The Middle East and Africa
o Saudi Arabia
o Israel
o Others

o Asia Pacific
o China
o Japan
o India
o Others

View a sample of the report or purchase a complete study at https://www.knowledge-sourcing.com/report/heavy-duty-connector-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.