Low Voltage Wiring Connectors Market Scope
Low voltage wiring connectors are used for the purpose of connecting or joining two open-ended electrical terminals. It consists of plugs and jacks which help in connecting two low voltage wires. It also acts as an adapter, which provides a temporary or portable connection between a low voltage wiring and devices. The major advantages of these connectors are, they are smaller in size, better contact resistance, and high resistance to vibration, water or other contaminants. These connectors are manufactured in such a way that it provides a reasonably fast and easy to install without special tools. Also, these connectors offer insulation, protection, long-term reliability, short-circuit stability, etc. Increase in the number of connectivity across the regions is influencing the market to grow at a tremendous rate.
The market study is being classified by Type (Crimp-On Connector, Plug and Socket Connector, Component and Device Connector, Blade Connector and Other), by Application (Residential, Commercial, Industrial and Other) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Low Voltage Wiring Connectors market throughout the predicted period.
Nexans (France), Metway Electrical Ind. Ltd (United Kingdom), Fischer Connectors (Switzerland), Anixter (United States), Travis Pattern & Foundry (United States), Staubli Electrical Connectors (Switzerland), Power Dynamics (United States), United Universal Industries (United States), SMS Connectors (United States), Americor Electronics (United States) and Mathis-Kelley (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Low Voltage Wiring Connectors market by Type, Application and Region.
On the basis of geography, the market of Low Voltage Wiring Connectors 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). If we see Market by Connection Type, the sub-segment i.e. Wire to Wire Connection will boost the Low Voltage Wiring Connectors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
According to NEMA (National Electrical Manufacturers Association), it defines that Electric Power Connection for Substations must be equipped with Covers uninsulated connectors and bus supports that are made of metal and intended for use with conductors or bus made of copper or aluminum alloy and found in substations. Connectors that are supplied in equipment are covered by the equipment standards and are excluded from this standard.
- Increase in Transmission and Distribution (T&D) Network Globally
- Increasing Investment by the Government to Improve Connectivity Within Regions
- Growing Demand for Electric Vehicles
- Government Investment to Increase Rural Connectivity
- Complex Error Detection and Troubleshooting Process in Low Voltage Wiring Connectors
- Investment in Wireless Communication Infrastructure
- The Rise in Price of Raw Materials Used in Connectors
Key Target AudienceConnectors Manufacturers, Automobile Original Equipment Manufacturers (OEMs), Automobile Organizations/Associations, Connectors Suppliers, Research Institutes, Raw Material Suppliers for Connectors, Traders and Distributors of Connectors and Automotive Wires and Cables Manufacturers
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase