High Voltage Connector Market Scope
High voltage connectors (HV connectors) are commonly used in high voltage AC, DC, and RF applications. These connectors allow high-voltage signals to be transmitted without endangering operators' safety. Any connector with a voltage greater than 1kVAC is considered high voltage. When used in harsh environments, high voltage connectors must withstand temperatures ranging from -55 °C to 150 °C as well as elevations of up to 70,000 ft. Most HV connectors have design features that make them resistant to harsh environments. In medical, aerospace, and test and measurement applications where safety is critical, high voltage connector solutions ensure safety and efficiency. When designing interconnect solutions, engineers can choose between two types of high voltage connectors.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Tyco (TE) (Switzerland), Amphenol (United States), APTIV (United States), Molex (United States), Sumitomo Electric (Japan), Hirose Electric Group (Japan), Yazaki (Japan), JONHON (China), YONGGUI (China) and Luxshare Precision (China) |
CAGR | % |
Market players are focusing on providing High Voltage Connectors with higher quality along with complying with all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive technology to further offer qualified High Voltage Connectors. The market is concentrated owing to the presence of several international and domestic providers. The high focus on offering cost-effective product offerings. Besides, the numerous industry profitability has led to the entry of new players, in turn, increasing the level of rivalry in the already competitive market. Research Analyst at AMA estimates that China Manufacturers will contribute to the maximum growth of Global High Voltage Connector market throughout the predicted period.
Tyco (TE) (Switzerland), Amphenol (United States), APTIV (United States), Molex (United States), Sumitomo Electric (Japan), Hirose Electric Group (Japan), Yazaki (Japan), JONHON (China), YONGGUI (China) and Luxshare Precision (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Recodeal (China), Renhotec (China), GSA (China), HUAFENG (China) and JCTC (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global High Voltage Connector market by Type , by Application (Aerospace, Defense, Medical imaging, Test & Measurement, Autonomous driving, Driver assistance systems, Internet & mobile communication, Next generation WLAN and Others) and Region with country level break-up.
On the basis of geography, the market of High Voltage Connector has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
September 2021 - TE Connectivity, a world leader in connectors and sensors, has acquired three companies focused on microfluidic cartridge and blister reagent package development, usability testing, clinical research, and manufacturing. The companies are, Toolbox Medical Innovations (Carlsbad, California USA) provides development, usability testing, clinical research, and manufacturing services for Point of Care IVD products., Wi Inc. (Centennial, Colorado USA) specializes in microfluidics, instrument design, cleanroom assembly, and blister packaging. and microLIQUID (Arrasate, Gipuzkoa Spain) is a contract developer and manufacturer specializing in polymer microfluidic disposable devices.
In November 2021 TE Connectivity Launched New Connector Designed to Work with Robots and UAVs Born from the need for solderless electrical connections, TE Connectivity has developed a variety of connectors from antennas, and sensors to cable assemblies, fiber optics, and wiring.
GTR No. 13 specifies direct contact protection requirements for high voltage connectors separately. Per GTR No. 13, connectors do not need to meet IPXXB protection if they are located underneath the vehicle floor and are provided with a locking mechanism or require the use of tools to separate the connector, or the voltage reduces to below 30 VAC or 60 VDC within one second after the connector is separated.
High Voltage Connector Market Dynamics:
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Trends Influencing Market | - Increasing Demand of Consumer Electronics Post Emergence of COVID-19 Pandemic has been contributing for market growth.
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Key Restraints | - Further Product Innovation Has Been Challenging.
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Challenges | - Global Disruption of Supply Chain Due to Pandemic Has Been Challenging for the Industry Growth.
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Market Opportunities | - The rising Demand for Compact Connectors in the Aerospace and Military sectors has been generating new and innovative opportunities.
- Rapid Growth in Automotive Production will be propelling new opportunities in the market.
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Key Target Audience
Connector and electrical equipment manufacturers, New Entrants and Investors, Legalized Cannabis Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others