Global Power Connectors Market Growth 2025-2031
The global Power Connectors market size is predicted to grow from US$ 2318 million in 2025 to US$ 3066 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.
The power connector includes an insulative housing and a plurality of terminals. The insulative housing has a plurality of receiving slots for receiving the terminals. The insulative housing is further provided with at least one tab, and the tabs isolate the terminals. The terminals respectively have a barb, and the terminals respectively extend outwardly from the first sides of the barbs to form a plurality of contact portions, and the plurality of wires are fixed on the second sides of the barbs; through the above structure, the barb insertion of the terminals can be achieved In the insulating body, and the terminals are easy to assemble, it is only necessary to push into the insulating body, and the short-circuit equivalent energy does not occur between the terminals.
Global Power Connectors key players include Molex, TE Connectivity, Amphenol, etc. Global top three manufacturers hold a share about 30%.
Asia-Pacific is the largest market, with a share about 30%, followed by North America and Europe, both have a share about 60 percent.
In terms of product, US Connectors is the largest segment, with a share about 40%. And in terms of application, the largest application is Data Communications, followed by Vehicle.
LP Information, Inc. (LPI) ' newest research report, the “Power Connectors Industry Forecast” looks at past sales and reviews total world Power Connectors sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Connectors sales for 2025 through 2031. With Power Connectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Connectors industry.
This Insight Report provides a comprehensive analysis of the global Power Connectors 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 Power Connectors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Connectors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Connectors 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 Power Connectors.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Connectors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
IEC Connectors
US Connectors
AU/NZ Connectors
Schuko Connectors
UK Connectors
Others
Segmentation by Application:
Data Communications
Industrial & Instrumentation
Vehicle
Aerospace
Medical Equipment
Military
Others
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.
Molex
TE Connectivity
Amphenol
Samtec
Foxconn
Hirose Electric
Belden
ITT
Kyocera
Anderson Power Products
Aerospace Electronics
Binder
Phoenix Contact
Methode Electronics
Glenair
GE
Furutech
Bulgin
NBC
Harwin
CUI
CLIFF Electronic Components
Igus
Key Questions Addressed in this Report
What is the 10-year outlook for the global Power Connectors market?
What factors are driving Power Connectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Power Connectors market opportunities vary by end market size?
How does Power Connectors break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.