Global EV Sensor Plastics Market 2024-2030

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    EV SENSOR PLASTICS MARKET

     

    INTRODUCTION TO EV SENSOR PLASTICS MARKET

     Plastic is both an insulator and a conductor of electricity. As a result, it has special functions in batteries, alternative drivetrains, and propulsion. There is increasing pressure on the world stage to continue cutting greenhouse gas (GHG) emissions.

     

    During battery validation testing, EV manufacturers use displacement or LVDT (linear variable differential transformer) sensors to assess pouch and prismatic cell swelling. Lithium-ion (Li-ion), Nickel Manganese Cobalt (NMC), Nickel Metal Hydride (Ni-MH), Lithium Sulphur (Li-S), and Lead-Acid are the most popular battery chemistries for electric vehicles.

     

    In place of Lithium-ion batteries, nickel-metal hydride batteries are frequently used in hybrid vehicles. Sensors are essential for keeping track of an EV’s systems and ensuring that they are running smoothly at all times.

     

    More than 100 unique sensors may be present in high-end EVs to track and control temperature, pressure, and component operation.

     

    EV SENSOR PLASTICS MARKET SIZE AND FORECAST

     

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    The Global EV Sensor plastics market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    EV SENSOR PLASTICS MARKET RECENT DEVELOPMENT

    The global automobile industry is facing its greatest threat in the last forty years with the rise of electric vehicles (EVs).

     

    As existing internal combustion, powertrain manufacturing equipment, and technology gradually experience lesser investment by automobile Original Equipment Manufacturers, the current fledgling EV transition will reach its apex (OEMs).

     

    In order to take advantage of these enormous new electrical and electronic, plastic-to-metal conversion, and lightning prospects, major supply chains will need to be reconfigured. New plastic material systems will be required for EV cooling systems that remain in use both throughout driving and charging cycles, at greater voltage levels, with enhanced flame retardance, as well as increased operating temperatures for longer times.

     

    New battery materials that have been adapted to lightweighting will also contribute to EV driving range on a single charge. Last but not least, future autonomous EVs will open up a vast new market for specialised plastic sensor materials.

     

    In the automotive Electric Vehicle (EV) market, new plastic materials are being developed that will be a major technical market driver from 2020 to 2035.

     

    The growth of thermoplastic composites in electric vehicles (EVs) and internal combustion engines (ICEVs) as well as enhanced under-the-hood, high heat, high performance metal-to-plastic conversion applications will coincide with this transition.

     

    EV SENSOR PLASTICS MARKET PRODUCT DEVELOPMENT

    One of the top providers of electronic parts and services to the automobile sector is Molex, which offers plastic parts for EV sensors. The MX123 Connector System is one of their primary product categories in this field. The MX123 Connector System is intended for ruggedized, high-performance applications in challenging settings.

     

    It is a high-density, modular connection technology that enables simple modification and design flexibility. In order to guarantee dependability in difficult conditions, the system comes with a choice of connector types, including wire-to-wire, wire-to-board, and wire-to-panel possibilities.

     

    Battery management systems, electric power steering systems, and motor control units are just a few of the EV sensor applications that the MX123 Connector System is perfect for. The system is made to endure high heat, vibration, and moisture, making it suitable for usage in the harsh conditions seen in automotive applications.

     

    Molex provides a variety of sensor housings and cable assemblies for EV sensor applications in addition to the MX123 Connector System. Their sensor housings are made to match the needs of certain applications and are intended to shield sensors from environmental threats. They provide a variety of lengths and configurations of cable assemblies that are made to transmit signals reliably in highly vibrating settings.

     

    In addition to providing high-performance, ruggedized solutions for use in demanding automotive applications, Molex is a dependable provider of plastic parts for EV sensors. A few examples of the cutting-edge goods they provide to help the expanding EV sector are their MX123 Connector System, sensor housings, and cable assemblies.

     

    TE Connectivity is a multinational technology business with a focus on creating electrical products and solutions for a range of markets, including the car sector. TE Connectivity provides a wide selection of products made specifically to satisfy the demands of electric vehicles when it comes to plastic parts for EV sensors. The AMP+ HVA 280 High-Voltage Connector System is one of TE Connectivity’s most well-liked plastic EV sensor parts.

     

    This item is perfect for EV sensors because it is made for usage in high-voltage situations. The connecting system has a durable construction that can endure extreme weather and high levels of vibration. Additionally, it features a high level of sealing to safeguard against dust and moisture. Additionally, TE Connectivity provides a selection of sensor housings tailored for EV sensors.

     

    These housings, which are built of sturdy materials, are intended to shield sensors from elements like water, dust, and vibration. The housings may be altered to match particular client needs and come in a variety of sizes and forms to accommodate various sensor types.

     

    The Miniaturized Coaxial Interconnect System (MCIS), another item provided by TE Connectivity, is made for use in high-frequency applications. For use in EV sensors that need high-speed data transfer, the MCIS is a compact, lightweight connection system. It has a low-profile design that saves space and a strong locking mechanism to assure dependable communication.

     

    Overall, TE Connectivity provides a comprehensive selection of plastic EV sensor parts that are created to specifically satisfy the demands of electric cars. For practically every application, TE Connectivity offers a solution, including high-voltage connectors, sensor housings, and cable assemblies.

     

    EV SENSOR PLASTICS MARKET COMPANY PROFILE

     

    THIS EV SENSOR PLASTICS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many EV Sensor plastics are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global EV Sensor plastics and key vendor selection criteria
    3. Where are the EV Sensor plastics manufactured? What is the average margin per unit?
    4. Market share of Global EV Sensor plastics market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global EV Sensor plastics in-house
    6. key predictions for next 5 years in Global EV Sensor plastics market
    7. Average B-2-B EV Sensor plastics market price in all segments
    8. Latest trends in EV Sensor plastics market, by every market segment
    9. The market size (both volume and value) of the EV Sensor plastics market in 2024-2030 and every year in between?
    10. Production breakup of EV Sensor plastics market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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