Global High Voltage Connector for EV and HEV Market Growth 2024-2030

Global High Voltage Connector for EV and HEV Market Growth 2024-2030

High Voltage (HV) connectors for Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) are critical components that safely and efficiently transmit electrical power between the battery pack, electric motor, and other high-voltage components. These connectors need to meet stringent requirements to ensure safety, reliability, and performance in the demanding environment of an electric vehicle.

The global High Voltage Connector for EV and HEV market size is projected to grow from US$ 2809 million in 2024 to US$ 5153 million in 2030; it is expected to grow at a CAGR of 10.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “High Voltage Connector for EV and HEV Industry Forecast” looks at past sales and reviews total world High Voltage Connector for EV and HEV sales in 2023, providing a comprehensive analysis by region and market sector of projected High Voltage Connector for EV and HEV sales for 2024 through 2030. With High Voltage Connector for EV and HEV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Voltage Connector for EV and HEV industry.

This Insight Report provides a comprehensive analysis of the global High Voltage Connector for EV and HEV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Voltage Connector for EV and HEV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Voltage Connector for EV and HEV market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Voltage Connector for EV and HEV and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Voltage Connector for EV and HEV.

The High Voltage (HV) Connector market for Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) is experiencing significant growth driven by several key factors:

1. Rising Demand for EVs and HEVs:

The global shift towards sustainable transportation is leading to a surge in demand for EVs and HEVs. This directly translates to a need for more HV connectors for these vehicles.

Government incentives, falling battery prices, and increasing consumer awareness about environmental benefits are accelerating EV and HEV adoption.

2. Increasing Battery Voltage Levels:

To achieve greater driving range and faster charging times, EV manufacturers are transitioning towards higher voltage battery packs (from 400V to 800V and beyond).

This trend necessitates HV connectors capable of handling these higher voltage levels safely and efficiently.

This report presents a comprehensive overview, market shares, and growth opportunities of High Voltage Connector for EV and HEV market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Square Terminal Connector
Round Terminal Connector

Segmentation by Application:
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
TE Connectivity (TE)
Amphenol Corporation
Delphi Technologies (Now Aptiv PLC)
Molex
Yazaki Corporation
Sumitomo Wiring Systems
Furukawa Electric Co.
Leoni AG
Bosch
Hirschmann Automation and Control GmbH
Rosenberger
Stäubli Electrical Connectors
CONDAT AG
KETEK Corporation
Tianhai Auto Electronics Group Co., Ltd
JONHON
Sichuan Yonggui
Suzhou Recodeal Interconnect System

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Voltage Connector for EV and HEV market?

What factors are driving High Voltage Connector for EV and HEV market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Voltage Connector for EV and HEV market opportunities vary by end market size?

How does High Voltage Connector for EV and HEV break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.