Knowledge Sourcing Intelligence announces the publication of a new report titled “Heavy-duty connector Market - Forecasts from 2020 to 2025”.

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

• By Termination
o Screw
o Crimp
o Others

• By Material
o Plastic
o Metal

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

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

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 United Kingdom
 Others

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

o Asia Pacific
 China
 Japan
 India
 Others

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

Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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