Electric Vehicle Heat Shrink Tubing Market to Witness Substantial Growth of USD 83,104.05

Electric vehicles are becoming highly connected as part of the internet of things and the internet of vehicles, transforming the vehicle into a seamless interface between our connected lives at home and work

BERLIN, Nov. 28, 2022 (GLOBE NEWSWIRE) — Data Bridge Market research has recently issued comprehensive industry research on the “Electric Vehicle Heat Shrink Tubing Market” which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. This Electric Vehicle Heat Shrink Tubing market report serves business purposes and endows you with the best market research and analysis performed with advanced tools and techniques. This market research report classifies the market by companies, geographical region, type, component, application, and end-use industry. Under the competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and their different strategies which make them thrive in the market. This Electric Vehicle Heat Shrink Tubing market research report also identifies and analyses the emerging trends along with major driving factors, challenges, and opportunities in the market.

Data Bridge Market Research analyses that the global electric vehicle heat shrink tubing market is expected to reach the value of USD 83,104.05 thousand by 2029, at a CAGR of 7.5% during the forecast period. “Hoses” accounts for the most prominent application segment as this type of application is in demand and is the best option for increasing vehicle security.

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Market Overview

Heat shrink tubing is used to insulate wire providing abrasion resistance and environmental protection for the stranded solid wire conductors with connections, joints and terminals in electrical work. In general, a tube with a lower shrink temperature will shrink faster. When heat shrink tubing is wrapped around wire arrays and electrical components, it collapses radially to fit the contours of the equipment, forming a protective layer. It can protect against abrasion, low impact, cuts, moisture and dust by covering individual wires or encasing entire arrays. Plastic manufacturers begin by extruding a thermoplastic tube to create heat-shrink tubing. Heat shrink tubing materials vary depending on the intended application.

The electric vehicle heat shrink tubing can be applied in automotive tubing systems, including fuel line protection tubing, ABS tubing, air conditioning aluminum tubing, power steering return hoses, water drain tubing, ATF tubing formulated for automotive engines, water-cooling system tubing, fuel system tubing and air conditioning hoses.

Opportunity

Heat shrink tubing is used in wire harnessing processes to insulate wire conductors, protect wires and create cable entry seals. Manually performing this sensitive process is time-consuming, the results are heavily reliant on the operator’s expertise and the process raises safety concerns

Key Market Players:

We can add or profile new companies as per client needs in the report. Final confirmation is to be provided by the research team depending upon the difficulty of the survey.

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Recent Development

In December 2021, Sumitomo Electric Industries, Ltd. launched cross-linked fluororesin FEX tape. The key feature of this product was its technology part, as it used two key technologies, fluorine processing technology and electron beam irradiation technology, which offered 1,000 times more resistance to wear than conventional fluororesin (PTFE) tape. Moreover, it can be used in the automotive sector
In April 2021, ABB launched a 25 ft. Shrink-Kon heat-shrinkable tubing. The key feature of this product was its 6.4 mm inner diameter expanded with 3.2 mm inner diameter recovered, wall thickness recovered of 0.6 mm and material used is Polyolefin

Key Growth Drivers:

Electric vehicles are becoming highly connected as part of the internet of things and the internet of vehicles, transforming the vehicle into a seamless interface between our connected lives at home and work. The integration of screens and displays into almost any imaginable interior surface demonstrates the vehicle’s growing role as a hub for entertainment, communications, and productivity.

The automotive industry has worked with major technology companies in order to deliver the most advanced, safest and most comfortable vehicles out there. Cars are becoming large smart devices with advanced emergency braking capabilities, mapping technology for autonomous driving, better fuel efficiency and cars as a service as a form of transportation.

One of the key drivers of the electric vehicle heat shrink tubing industry report is the rise in demand for electric vehicles and sales worldwide. Electric vehicle segments drove the surge in the company’s sales during the month.

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Critical Insights Related to the electric vehicle heat shrink tubing Included in the Report:

Recent mergers, acquisitions, collaborations, and partnerships

Electric Vehicle Heat Shrink Tubing Market Scope:

By Application

By Material

By Color

By Connector Application

By Type

By Voltage

By Sales Channel

By Vehicle Type

Read the Detailed Index of the Full Research Study @ https://www.databridgemarketresearch.com/reports/global-electric-vehicle-heat-shrink-tubing-market

Electric Vehicle Heat Shrink Tubing Market Regional Analysis/Insights

The global electric vehicle heat shrink tubing market is analyzed and market size insights and trends are provided by country, application, material, color, connector application, type, voltage, sales channel and vehicle type, as referenced above.

The countries covered in the electric vehicle heat shrink tubing market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the global electric vehicle heat shrink tubing market. Asia-Pacific is likely to be the fastest-growing global electric vehicle heat shrink tubing market. Asia-Pacific electric vehicle heat shrink tubing market is expected to be the fastest-growing worldwide. With the increasing development in the countries number of restaurants and bars is increasing, which will boost the demand for electric vehicle heat shrink tubing products in the Asia-Pacific region.

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, porter’s five forces analysis and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Table of Contents:

Introduction
Market Segmentation
Executive Summary
Premium Insights
Global Electric vehicle heat shrink tubing Market: Regulations
Market Overview
Global Electric vehicle heat shrink tubing Market, By Application
Global Electric vehicle heat shrink tubing Market, By Material
Global Electric vehicle heat shrink tubing Market, By Color
Global Electric vehicle heat shrink tubing Market, By Connector Application
Global Electric vehicle heat shrink tubing Market, By Type
Global Electric vehicle heat shrink tubing Market, By Voltage
Global Electric vehicle heat shrink tubing Market, By Sales Channel
Global Electric vehicle heat shrink tubing Market, By Vehicle Type
Global Electric vehicle heat shrink tubing Market, By Region
Global Electric vehicle heat shrink tubing Market: Company Landscape
SWOT Analyses
Company Profile
Questionnaires
Related Reports

To Get the complete Table of Contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-electric-vehicle-heat-shrink-tubing-market

Customization Options

All segmentation provided above in this report is represented at country level and can be customized according to needs.

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

Browse Trending Reports By DBMR

Europe Electric Vehicle Heat Shrink Tubing Market, By Application (Hoses, Connectors, Ring Terminals, In-line Splices, Under Bonnet Cable Protection, Gas Pipes and Miniature Splices), Material (Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene, Perfluoroalkoxy Alkanes, Ethylene Tetrafluoroethylene and Others), Color (Red, Yellow and Others), Connector Application (HTAT, ATUM, CGPT, LSTT<150 C and Others), Type (Single Wall Shrink Tubing and Dual Wall Shrink Tubing), Voltage (Low Voltage, Medium Voltage and High Voltage), Sales Channel (OEM and Aftermarket), Vehicle Type (BEV(Battery Electric Vehicles), PHEV (Plug-In Hybrid Electric Vehicle), Hybrid Electric Vehicle (HEVS)) https://www.databridgemarketresearch.com/reports/europe-electric-vehicle-heat-shrink-tubing-market

Asia-Pacific Electric Vehicle Heat Shrink Tubing Market , By Application (Hoses, Connectors, Ring Terminals, In-line Splices, Under Bonnet Cable Protection, Gas Pipes and Miniature Splices), Material (Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene, Perfluoroalkoxy Alkanes, Ethylene Tetrafluoroethylene and Others), Color (Red, Yellow and Others), Connector Application (HTAT, ATUM, CGPT, LSTT<150 C and Others), Type (Single Wall Shrink Tubing and Dual Wall Shrink Tubing), Voltage (Low Voltage, Medium Voltage and High Voltage), Sales Channel (OEM and Aftermarket), Vehicle Type (BEV(Battery Electric Vehicles), PHEV (Plug-In Hybrid Electric Vehicle), Hybrid Electric Vehicle (HEVS)) https://www.databridgemarketresearch.com/reports/asia-pacific-electric-vehicle-heat-shrink-tubing-market

Middle East and Africa Electric Vehicle Heat Shrink Tubing Market, By Application (Hoses, Connectors, Ring Terminals, In-line Splices, Under Bonnet Cable Protection, Gas Pipes and Miniature Splices), Material (Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene, Perfluoroalkoxy Alkanes, Ethylene Tetrafluoroethylene and Others), Color (Red, Yellow and Others), Connector Application (HTAT, ATUM, CGPT, LSTT<150 C and Others), Type (Single Wall Shrink Tubing and Dual Wall Shrink Tubing), Voltage (Low Voltage, Medium Voltage and High Voltage), Sales Channel (OEM and Aftermarket), Vehicle Type (BEV(Battery Electric Vehicles), PHEV (Plug-In Hybrid Electric Vehicle), Hybrid Electric Vehicle (HEVS)) https://www.databridgemarketresearch.com/reports/middle-east-and-africa-electric-vehicle-heat-shrink-tubing-market

North America Electric Vehicle Heat Shrink Tubing Market, By Application (Hoses, Connectors, Ring Terminals, In-line Splices, Under Bonnet Cable Protection, Gas Pipes and Miniature Splices), Material (Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene, Perfluoroalkoxy Alkanes, Ethylene Tetrafluoroethylene and Others), Color (Red, Yellow and Others), Connector Application (HTAT, ATUM, CGPT, LSTT<150 C and Others), Type (Single Wall Shrink Tubing and Dual Wall Shrink Tubing), Voltage (Low Voltage, Medium Voltage and High Voltage), Sales Channel (OEM and Aftermarket), Vehicle Type (BEV(Battery Electric Vehicles), PHEV (Plug-In Hybrid Electric Vehicle), Hybrid Electric Vehicle (HEVS)) https://www.databridgemarketresearch.com/reports/north-america-electric-vehicle-heat-shrink-tubing-market

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