The EV connector market is projected to reach USD 8.80 billion by 2032, from USD 2.73 billion in 2025, with a CAGR of 18.2%. The global demand for EV connectors is projected to increase significantly, largely due to the rapid integration of advanced technologies, heightened environmental awareness, and favorable government policies supporting electric mobility. The widespread adoption of ADAS features such as adaptive cruise control, lane departure warning, and parking sensors requires high-speed data transmission, necessitating advanced high-performance connectors. Simultaneously, the proliferation of infotainment systems, including touchscreen displays, navigation units, and connected services, is fueling demand for miniaturized multifunctional connectors with audio, video, and data transmission capabilities. Government incentives such as subsidies, tax benefits, and grants are making EVs more accessible to consumers, further contributing to a rising demand for high-quality EV connectors to support growing vehicle volumes and system complexity.
The EV connector market is dominated by established players such as TE Connectivity (Ireland), Aptiv (Ireland), Yazaki Corporation (Japan), Molex (US), and Hirose Electric Co., Ltd. (Japan), among others. These companies adopt product launches, deals, and other strategies to gain traction in the global EV connector market.
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TE Connectivity, headquartered in Ireland, operates across three segments: Transportation Solutions, Industrial Solutions, and Communication Solutions. Connectors are offered in all segments, but EV-specific connectors are delivered through the Transportation Solutions division, which includes terminals, connectors, sensors, relays, antennas, and application tooling. To meet increasing demands for compact packaging and reduced vehicle weight, TE introduced the PicoMQS connector system, designed with a 1.27 mm pin pitch, supporting up to 4 A at 80 °C, and qualified for automotive vibration standards. In 2024, the company extended the PicoMQS portfolio with additional variants such as receptacles and headers, targeting applications in zonal architectures and compact electronic modules used in electric and software-defined vehicles.
Aptiv operates in two segments: Advanced Safety & User Experience and Signal & Power Solutions. The company supplies automotive connectors through the Connection Systems business within the Signal & Power Solutions segment. Its connectors are designed for high-voltage and high-speed signal and power distribution across electric and intelligent vehicle platforms. In 2024, Aptiv focused on advancing its position in edge-to-cloud vehicle architecture by showcasing modular connector systems at international trade events, addressing needs in high-voltage distribution, zonal architectures, and connected vehicle systems. In early 2025, the company announced the planned spin-off of its Electrical Distribution Systems (EDS) business to streamline operations and prioritize growth in scalable, software-driven vehicle platforms. While TE Connectivity targets performance gains through miniaturized connector solutions, Aptiv is aligning its connector strategy with full-system integration and evolving vehicle electrical architectures.
The EV connector market is moderately competitive, with TE Connectivity, Molex, Yazaki Corporation, Aptiv, and Hirose Electric Co., Ltd. collectively accounting for approximately 35–45% of the global market. TE Connectivity leads with high-voltage connectors and SDV platform solutions, supported by acquisitions, R&D investments, localization efforts, and recyclable material use. Aptiv focuses on zonal architecture, ADAS, and EV platforms, advancing through strategic mergers, platform-based development, and global co-engineering. Yazaki specializes in high-voltage harnesses and safety-focused connectors, particularly for Japanese OEMs, and is expanding regional manufacturing capacity. Molex develops modular systems, V2X, and RF connectors, emphasizing micro-miniaturization, digital twin simulations, and 5G-ready technologies. Hirose offers high-speed connectors and sensor interfaces, focusing on miniaturized automotive solutions and targeted market expansion. These companies demonstrate a high level of market concentration through differentiated technologies, strategic partnerships, and focused product developments.
Related Reports:
EV Connector Market by System (Sealed, Unsealed), Application (ADAS & Safety, Battery Management, Body Control & Interiors), Propulsion (BEV, PHEV, FCEV), Voltage, Connection, Component, and Region - Global Forecast to 2032
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