Heavy Duty Connector Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Component (Base, Hood, Inserts, Housings, Accessories), By Termination (Screw, Crimp, Others), By Material (Plastic, Metal), By Industry Vertical (Manufacturing, Construction, Railways, Robotics, Energy & Power, Others), And By Geography - Forecasts From 2020 To 2025

Published:  May 2021 Report Code: KSI061611669 Pages: 129

The heavy-duty connector market is estimated at US$3.209 billion for the year 2019 growing at a CAGR of 5.22% to reach the market size of US$4.354 billion by 2025The growth of the market is majorly attributed to the wide adoption of industrial automation across the numerous industry verticals. The growing focus towards the safety of workers is further amplifying the demand for industrial safety solutions which is also projected to supplement the growth of the market for the coming years.  In addition, the mandatory safety requirements and growing emphasis towards energy-efficient manufacturing are collectively contributing to propel the market growth. The burgeoning construction industry across the globe on account of the growing investments by the governments of various countries is also considered as one of the prime factors which are considered to drive the market significantly during the next five years. Furthermore, the growing manufacturing activities in major developing economies such as India, China, Indonesia and Brazil on account of the improvement in the economic environment is also projected to propel the market growth opportunities for the heavy-duty connector market during the forecast period.

Inserts hold a healthy market share.

On the basis of component, the heavy-duty connector market has been segmented on the basis of inserts, housings, accessories, base, and hood. Inserts are expected to hold a notable share in the market owing to the fact that insert is considered as the most important component of a heavy-duty connector as all the connectors consist of a connector insert and its protective enclosure, in addition, an insert is also called the heart of a heavy-duty connector. Inserts are responsible for the transmission of power and signals. Accessories are anticipated to grow at a decent CAGR throughout the forecast period as different accessories are available and can be used as per the application requirements.

Plastic materials are expected to show good growth.

On the basis of material, the heavy-duty connector market has been classified into plastic and metal. The metal segment is anticipated to hold a good market share and is projected to show significant growth as metal heavy-duty connectors are being used since a long time period due to which these connectors are widely adopted across the numerous industry verticals. Moreover, the metal connectors are more durable than plastic-based connectors which further require less frequent replacements and are considered to be more sustainable by surviving under extreme conditions also. The plastic segment is anticipated to show good growth over the coming years as these connectors are considered as a viable option owing to their lightweight and also due to their resilient qualities. Furthermore, in some industries, the use of plastic is considered more effective which is anticipated to be a supporting factor for the growth of this segment.

Manufacturing industry projected to show a noteworthy growth.

By industry vertical, the segmentation of the market has been done on the basis of manufacturing, oil and gas, railways, construction, energy and power, and others. The manufacturing industry is expected to show robust growth during the forecast period. The growing adoption of automation solutions across numerous industry verticals which is also projected to surge the growth of the market throughout the forecast period. The railway is anticipated to grow at a notable rate due to the fact the growing investments in the railway infrastructure is boosting in the developing countries owing to the growing investments on account of rising passenger traffic.

The Asia Pacific region will grow at a significant rate over the forecast period.

Regionally, the market has been divided into North America, South America, Europe, Middle East, and Africa and  Asia Pacific. The Asia Pacific region is expected to show good growth opportunities on account of rapid industrialization and growing industrial automation major end-use industries. The European region is projected to hold a notable market share on account of the early adoption of technology and well-established infrastructure.

Heavy Duty Connector Market Scope:

Report Metric Details
 Market size value in 2019  US$3.209 billion
 Market size value in 2025  US$4.354 billion
 Growth Rate  CAGR of 5.22% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Component, Termination, Material, Industry Vertical, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  TE Connectivity Ltd, HARTING Technologiegruppe, Phoenix Contact, Amphenol   Corporation, Molex, LLC, Weidmüller Interface GmbH & Co. KG, Wieland Electric   GmbH, Smiths Interconnect, ODU GmbH & Co. KG, Walther-Werke
 Customization scope  Free report customization with purchase

Segmentation

·       By Component

o   Inserts

o   Housings

o   Accessories

o   Base

o   Hood

·       By Termination

o   Screw

o   Crimp

o   Others

·       By Material

o   Plastic

o   Metal

·       By Industry Vertical

o   Manufacturing

o   Oil and Gas

o   Railways

o   Construction

o   Energy and Power

o   Others

·       By Geography

o   North America

USA

Canada

Mexico

o   South America

Brazil

Argentina

Others

o   Europe

Germany

France

United Kingdom

Spain

Others

o   Middle East and Africa

Saudi Arabia

Israel

UAE

Others

o   Asia Pacific

China

Japan

South Korea

India

Others


Frequently Asked Questions (FAQs)

Q1. What will be the heavy-duty connector market size by 2025?
A1. The heavy-duty connector market is estimated to reach the market size of US$4.354 billion in 2025.
 
Q2. What is the size of heavy-duty connector market?
A2. Heavy Duty Connector market was valued at US$3.209 billion in 2019.
 
Q3. What are the growth prospects for heavy-duty connector market?
A3. The heavy-duty connector market is estimated to grow at a CAGR of 5.22% during the forecast period.
 
Q4. Which region holds the maximum market share of the heavy-duty connector market?
A4. The Asia Pacific region is expected to show good growth opportunities on account of rapid industrialization and growing industrial automation major end-use industries.
 
Q5. What factors are anticipated to drive the heavy-duty connector market growth?
A5. The growing focus towards the safety of workers is further amplifying the demand for industrial safety solutions which is also projected to supplement the growth of the market for the coming years.

 

 

1.     Introduction

1.1.  Market Definition

1.2.  Market Segmentation

2.     Research Methodology

2.1.  Research Data

2.2.  Assumptions

3.     Executive Summary

3.1.  Research Highlights

4.     Market Dynamics

4.1.  Market Drivers

4.2.  Market Restraints

4.3.  Porters Five Forces Analysis

4.3.1.     Bargaining Power of Suppliers

4.3.2.     Bargaining Power of Buyers

4.3.3.     Threat of New Entrants

4.3.4.     Threat of Substitutes

4.3.5.     Competitive Rivalry in the Industry

4.4.  Industry Value Chain Analysis

5.     Heavy-Duty Connector Market Analysis, By Component

5.1.  Introduction

5.2.  Inserts

5.3.  Housings

5.4.  Accessories

5.5.  Base

5.6.  Hood

6.     Heavy-Duty Connector Market Analysis, By Termination

6.1.  Introduction

6.2.  Screw

6.3.  Crimp

6.4.  Others

7.     Heavy-Duty Connector Market Analysis, By Material

7.1.  Introduction

7.2.  Plastic

7.3.  Metal

8.     Heavy-Duty Connector Market Analysis, By Industry Vertical

8.1.  Introduction

8.2.  Manufacturing

8.3.  Oil and Gas

8.4.  Railways

8.5.  Construction

8.6.  Energy and Power

8.7.  Others

9.     Heavy-Duty Connector Market Analysis, By Geography

9.1.  Introduction

9.2.  North America

9.2.1.     North America Heavy-Duty Connector Market, By Component, 2019 to 2025

9.2.2.     North America Heavy-Duty Connector Market, By Termination, 2019 to 2025

9.2.3.     North America Heavy-Duty Connector Market, By Material, 2019 to 2025

9.2.4.     North America Heavy-Duty Connector Market, By Industry Vertical, 2019 to 2025

9.2.5.     By Country

9.2.5.1.         USA

9.2.5.2.         Canada

9.2.5.3.         Mexico

9.3.  South America

9.3.1.     South America Heavy-Duty Connector Market, By Component, 2019 to 2025

9.3.2.     South America Heavy-Duty Connector Market, By Termination, 2019 to 2025

9.3.3.     South America Heavy-Duty Connector Market, By Material, 2019 to 2025

9.3.4.     South America Heavy-Duty Connector Market, By Industry Vertical, 2019 to 2025

9.3.5.     By Country

9.3.5.1.         Brazil

9.3.5.2.         Argentina

9.3.5.3.         Others

9.4.  Europe

9.4.1.     Europe Heavy-Duty Connector Market, By Termination, 2019 to 2025

9.4.2.     Europe Heavy-Duty Connector Market, By Termination, 2019 to 2025

9.4.3.     Europe Heavy-Duty Connector Market, By Material, 2019 to 2025

9.4.4.     Europe Heavy-Duty Connector Market, By Industry Vertical, 2019 to 2025

9.4.5.     By Country

9.4.5.1.         Germany

9.4.5.2.         France

9.4.5.3.         United Kingdom

9.4.5.4.         Spain

9.4.5.5.         Others

9.5.  Middle East and Africa

9.5.1.     Middle East and Africa Heavy-Duty Connector Market, By Component, 2019 to 2025

9.5.2.     Middle East and Africa Heavy-Duty Connector Market, By Termination, 2019 to 2025

9.5.3.     Middle East and Africa Heavy-Duty Connector Market, By Material, 2019 to 2025

9.5.4.     Middle East and Africa Heavy-Duty Connector Market, By Industry Vertical, 2019 to 2025

9.5.5.     By Country

9.5.5.1.         Saudi Arabia

9.5.5.2.         Israel

9.5.5.3.         UAE

9.5.5.4.         Others

9.6.  Asia Pacific

9.6.1.     Asia Pacific Heavy-Duty Connector Market, By Component, 2019 to 2025

9.6.2.     Asia Pacific Heavy-Duty Connector Market, By Termination, 2019 to 2025

9.6.3.     Asia Pacific Heavy-Duty Connector Market, By Material, 2019 to 2025

9.6.4.     Asia Pacific Heavy-Duty Connector Market, By Industry Vertical, 2019 to 2025

9.6.5.     By Country

9.6.5.1.         China

9.6.5.2.         Japan

9.6.5.3.         South Korea

9.6.5.4.         India

9.6.5.5.         Others

10.  Competitive Environment and Analysis

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

11.  Company Profiles

11.1. TE Connectivity Ltd

11.2. HARTING Technologiegruppe

11.3. Phoenix Contact

11.4. Amphenol Corporation

11.5. Molex, LLC

11.6. Weidmüller Interface GmbH & Co. KG

11.7. Wieland Electric GmbH

11.8. Smiths Interconnect

11.9. ODU GmbH & Co. KG

11.10. Walther-Werke

TE Connectivity Ltd

HARTING Technologiegruppe

Phoenix Contact

Amphenol Corporation

Molex, LLC

Weidmüller Interface GmbH & Co. KG

Wieland Electric GmbH

Smiths Interconnect

ODU GmbH & Co. KG

Walther-Werke

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