Press release
Leading Growth Driver in the Electric Vehicle (EV) Connectors Market in 2025: Impact Of Electric Vehicle Adoption On The EV Connectors Market Driver's Influence
Electric Vehicle (EV) Connectors
The rising adoption of electric vehicles (EVs) is projected to drive the electric vehicle (EV) connectors market's growth. EVs use electric motors and batteries for propulsion, benefiting from increased government incentives, environmental awareness, and technological advancements. EV connectors link a vehicle's charging system to an external charging station, enabling electricity transfer to the vehicle's battery. In 2023, electric vehicle sales in the U.S. surged by 46%, leading to a 22% increase in charging stations. As a result, the growing adoption of electric vehicles will propel the EV connectors market.
Get Your Electric Vehicle (EV) Connectors Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-vehicle-ev-connectors-global-market-report
What is the projected compound annual growth rate (CAGR) of the electric vehicle (ev) connectors market from 2025 to 2034, and what factors influence it?
The electric vehicle (EV) connectors market size has experienced rapid growth in recent years. It will rise from $1.84 billion in 2024 to $2.3 billion in 2025, at a CAGR of 25.4%. Key drivers include government support, environmental concerns, advancements in battery and autonomous driving technologies, and a growing emphasis on energy efficiency.
The electric vehicle (EV) connectors market is expected to grow to $5.63 billion by 2029, at a CAGR of 25.0%. This growth is fueled by greater vehicle safety features, infotainment system advancements, investment in charging infrastructure, and demand for electric buses and commercial vehicles. Trends include wireless charging, smart infrastructure, universal charging standards, vehicle-to-everything (V2X) connectivity, and new materials.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16410&type=smp
How are the latest trends influencing the growth of the electric vehicle (ev) connectors market?
Companies in the electronic vehicle (E.V.) connectors market are enhancing their products with liquid cooling technology to improve efficiency and performance. Liquid cooling circulates coolant through pipes or channels to manage the heat generated by electronic components like E.V. connectors. In August 2023, Boyd Corporation, a US-based thermal management company, and E-valucon, a connector solutions provider, developed a liquid-to-air cooling system for DC fast charging cables and connectors. This system improves safety, reduces thermal challenges, and supports the rapid charging demands of E.V. infrastructure.
What are the major segments of the electric vehicle (ev) connectors market and their role in driving growth?
The electric vehicle (EV) connectors market covered in this report is segmented -
1) By Component: Housing, Terminal, Lock, Other Components
2) By Voltage: Medium Voltage, Low Voltage, High Voltage
3) By System Type: Unsealed Connector System, Sealed Connector System
4) By Propulsion: Plug-In Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV), Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV)
5) By Application: Body Control And Interiors, Battery Management System, Infotainment System, Engine Management And Powertrain, Advanced Driver-Assistance Systems (ADAS) And Safety System, Vehicle Lighting (Interior And Exterior)
Subsegments:
1) By Housing: Plastic Housing, Metal Housing
2) By Terminal: Pin Terminals, Socket Terminals
3) By Lock: Manual Locking Connectors, Automatic Locking Connectors
4) By Other Components: Seals And Gaskets, Contact Springs, Insulating Materials
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16410
Which regions are key players in the growth of the electric vehicle (ev) connectors market?
Asia-Pacific was the largest region in the electric vehicle (EV) connectors market in 2023. The regions covered in the electric vehicle (EV) connectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the electric vehicle (ev) connectors market?
Major companies operating in the electric vehicle (EV) connectors market are Robert Bosch GmbH, Tesla Inc., Siemens AG, Sumitomo Electric Industries Ltd., Schneider Electric, ABB Ltd., Avnet Inc., Aptiv plc, KYOCERA Corporation, TE Connectivity Ltd., Molex LLC, Yazaki Corporation, Amphenol Corporation, Fujikura Ltd., Belden Inc., Huber+Suhner, Rosenberger Hochfrequenztechnik GmbH & Co. KG, Delphi Technologies, Yamaichi Electronics Co. Ltd., Positronic, Shenglan Technology Co. Ltd., ODU Automotive GmbH
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=16410&type=smp
What Is Covered In The Electric Vehicle (EV) Connectors Global Market Report?
•Market Size Forecast: Examine the electric vehicle (ev) connectors market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the electric vehicle (ev) connectors market for a structured understanding.
•Key Players Overview: Analyze major players in the electric vehicle (ev) connectors market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electric vehicle (ev) connectors market.
•Segment Contributions: Evaluate how different segments drive overall growth in the electric vehicle (ev) connectors market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electric vehicle (ev) connectors market.
•Industry Challenges: Identify potential risks and obstacles affecting the electric vehicle (ev) connectors market.
•Competitive Landscape: Review strategic developments in the electric vehicle (ev) connectors market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Growth Driver in the Electric Vehicle (EV) Connectors Market in 2025: Impact Of Electric Vehicle Adoption On The EV Connectors Market Driver's Influence here
News-ID: 3923306 • Views: …
More Releases from The Business Research Company
Key Factor Supporting Global Helpdesk Automation Market Development in 2025: Imp …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Helpdesk Automation Industry Market Size Be by 2025?
The market size for helpdesk automation has experienced exponential growth recently. It's projected to increase from $6.14 billion in 2024 to $8.13 billion in 2025, with a compound annual growth rate (CAGR) of 32.4%. Factors contributing to this…
Growth Of The Graph Technology Market Driven By The Expansion Of Internet of Thi …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Graph Technology Market Through 2025?
The market size for graph technology has experienced substantial growth in the recent past. Its expansion is anticipated to rise from $5.26 billion in 2024 to $6.4 billion in 2025, with a compound annual growth rate (CAGR)…
2025-2034 Generative Design Software Market Outlook: Key Drivers, Emerging Chall …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative Design Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for generative design software has seen a swift expansion. This growth trajectory is projected to continue, rising from $2.25 billion in 2024 to $2.66 billion in 2025, representing…
Widespread Internet Access Fuels The Growth Of Generative AI In Movies Market Em …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative AI In Movies Market Size Growth Forecast: What to Expect by 2025?
The market size for generative ai in movies has experienced significant expansion in the past few years. The growth is projected to increase from $0.32 billion in 2024 to $0.4 billion in 2025 with a compound…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
