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Heavy-Duty Connector 2018 Global Market Growth, Trends, Size and 2025 Forecasts

Global Heavy-Duty Connector Market valued approximately USD 2.5 billion in 2016 is anticipated to grow with a healthy growth rate of more than 5 % over the forecast period 2017-2025. Increasing importance of industrial safety, growing adoption of industrial automation solutions, rising importance on energy-efficient manufacturing, compulsory functional safety regulation and strict government regulations are the key drivers which are driving the market growth. However, lack of the coordination of standards is the key restraining facts which hinder the market growth.

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