Cable Bus-Bar Connectors Market size was valued at
US$ 1.45 billion in 2024 and is projected to reach US$ 2.34 billion by 2032, at a CAGR of 7.1% during the forecast period 2025-2032
Report Studies
• The global Cable Bus-Bar Connectors Market size was valued at US$ 1.45 billion in 2024 and is projected to reach US$ 2.34 billion by 2032, at a CAGR of 7.1% during the forecast period 2025-2032. The U.S. market accounted for 28% of global revenue share in 2024, while China is expected to witness the fastest growth at 9.1% CAGR through 2032.
• Cable bus-bar connectors are critical components used to establish secure electrical connections between busbar systems and power modules or other assembly parts. These connectors come in various configurations including circular and rectangular designs, with material choices ranging from copper to aluminum alloys depending on conductivity and durability requirements. The circular connector segment is anticipated to grow at 8.5% CAGR, reaching USD 850 million by 2032.
By
Type:
• The market is segmented based on type into:
• Circular Connector
• Subtypes: Standard circular, Hybrid circular, and others
• Rectangular Connector
• Subtypes: Heavy-duty rectangular, Compact rectangular, and others
• The market is segmented based on application into: • Automotive • Communication
• Electronics
• Industrial • Others
• NKK Switches (Japan)
• KINTO ELECTRIC (Japan)
• Shine Industries (India)
• Utility Electrical (U.K.)
• SHENZHEN FORMAN PRECISION INDUSTRY (China)
• United Electric (U.S.)
• ORIENT ELECTRIC INTERNATIONAL GROUP LIMITED (China)
• YUEQING MEANRAY ELECTRIC (China)
