South & Central America Wire-to-Board EV Connectors Market Size and Forecast (2021 - 2031)

April 2026 | 191 pages | ID: S53C70666ACBEN
The Insight Partners

US$ 3,450.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The South and Central America (SAM) Wire-to-Board Electric Vehicle (EV) Connectors Market is projected to experience significant growth, with an expected market size of approximately US$ 84.9 million by 2031, up from US$ 21.5 million in 2024. This growth translates to a remarkable compound annual growth rate (CAGR) of 21.9% from 2025 to 2031.

Executive Summary and Market Analysis

The SAM Wire-to-Board EV Connectors market is primarily segmented into Brazil, Argentina, and the Rest of SAM. The electric vehicle market in this region is on an upward trajectory, driven by a strong commitment to reducing greenhouse gas (GHG) emissions and promoting sustainable transportation solutions. For instance, Argentina's 2022 Plan for Adaptation and Mitigation to Climate Change emphasizes the transition to electric vehicles. The government has set ambitious targets to replace 9.5% of the country’s light utility internal combustion engine (ICE) vehicles with plug-in hybrid electric vehicles (PHEVs) or battery electric vehicles (BEVs) by 2030. Additionally, the plan includes the deployment of 18,000 slow EV chargers to ensure adequate infrastructure for the growing EV fleet. Such initiatives highlight the substantial growth potential for the EV market in SAM, which in turn drives investment in charging infrastructure and increases the demand for Wire-to-Board EV Connectors. These connectors are essential for providing reliable and standardized connections between wiring harnesses and EV systems.

Strategic Insights

Market Segmentation Analysis

The South and Central America Wire-to-Board EV Connectors Market can be analyzed through various segments:
  • By Type: The market is divided into Sealed Connector Systems and Unsealed Connector Systems. The Sealed Connector System segment is expected to dominate the market in 2024 due to its advantages in protecting against environmental factors.
  • By Application: The market is segmented into several applications, including Advanced Driver Assistance Systems (ADAS) and Safety Systems, Body Control and Interiors, Infotainment Systems, Engine Management and Powertrain, Battery Management Systems, Vehicle Lighting, and Others. The ADAS and Safety System segment is anticipated to lead the market in 2024, reflecting the growing focus on vehicle safety technologies.
  • By Propulsion Type: The market is categorized into Battery Electric Vehicles, Plug-In Hybrid Vehicles, Fuel Cell Electric Vehicles, and Hybrid Electric Vehicles. The Battery Electric Vehicle segment is expected to hold the largest market share in 2024, driven by the increasing adoption of fully electric vehicles.
  • By Voltage: The market is segmented into Low Voltage, Medium Voltage, and High Voltage categories. The High Voltage segment is projected to dominate in 2024, as high voltage systems are critical for efficient power transfer in EVs.
Market Outlook

The rapid adoption of electric vehicles and the development of smart grid infrastructure are creating significant opportunities within the wire-to-board EV connectors market. A transformative trend driving this growth is the increasing focus on vehicle-to-grid (V2G) technology. V2G technology allows EV batteries to function as distributed energy storage systems, enabling bidirectional power flow. This means that EVs can draw energy from the grid for charging and return excess energy during peak demand periods. This capability enhances grid stability, optimizes energy usage, and supports the transition toward sustainable power management.

Wire-to-board EV connectors play a crucial role in this ecosystem, ensuring efficient power transfer and stable signal communication between wiring harnesses, battery packs, and control electronics. These connectors must be designed to support high voltage, high current, and bidirectional energy flow while maintaining mechanical durability and electrical reliability under demanding conditions. As the global adoption of V2G technology accelerates, the demand for specialized wire-to-board connectors is expected to rise significantly, presenting strong opportunities for manufacturers and suppliers to innovate and develop robust solutions for next-generation electric vehicles and smart grid integration.

Country Insights

The SAM Wire-to-Board EV Connectors Market is further segmented by country, with Brazil, Argentina, and the Rest of South and Central America being the key regions. Brazil is expected to hold the largest market share in 2024, driven by its rapid advancements in electric mobility and significant growth in charging infrastructure. According to the Brazilian Electric Vehicle Association (ABVE), the number of public EV charging stations increased by 28% from January to August 2023, reaching 3,800 stations. Projections suggest this number could rise to approximately 6,800 by the end of 2024, supported by the installation of 2,500 new stations. This expansion is likely to drive strong growth in Brazil's Wire-to-Board EV Connector market, as the increasing number of charging stations and onboard vehicle systems will require efficient, compact, and standardized connectors.

Additionally, BYD, the world’s largest EV manufacturer, has been active in Brazil since 2015 and announced a significant investment of over US$600 million in a new plant with an annual capacity of 150,000 electric vehicles. Total investments by BYD could exceed US$1.1 billion by the end of 2024, indicating a robust demand for Wire-to-Board EV Connectors as the number of electric vehicles continues to grow.

Company Profiles

Key players in the South and Central America Wire-to-Board EV Connectors Market include Yazaki Corp, Sumitomo Electric Industries Ltd, Molex LLC, TE Connectivity Ltd, PHOENIX CONTACT GmbH & Co. KG, Aptiv Plc, Hirose Electric Co Ltd, Amphenol Corporation, KYOCERA Corporation, and Guchen Electronics. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative products to consumers.
1. INTRODUCTION

1.1 Report Guidance
1.2 Market Segmentation

2. EXECUTIVE SUMMARY

2.1 Key Insights
2.2 Market Attractiveness

3. RESEARCH METHODOLOGY

3.1 Secondary Research
3.2 Primary Research
  3.2.1 Hypothesis formulation:
  3.2.2 Macroeconomic factor analysis:
  3.2.3 Developing base number:
  3.2.4 Data Triangulation:
  3.2.5 Country-level data:

4. WIRE-TO-BOARD EV CONNECTORS MARKET LANDSCAPE

4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4.List of Vendors in the Value Chain

5. SOUTH AND CENTRAL AMERICA WIRE-TO-BOARD EV CONNECTORS MARKET - KEY MARKET DYNAMICS

5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact of Drivers and Restraints:

6. WIRE-TO-BOARD EV CONNECTORS MARKET - SOUTH AND CENTRAL AMERICA MARKET ANALYSIS

6.1 South and Central America Wire-to-Board EV Connectors Market Revenue (US$ Million), 2024 - 2031
6.2 South and Central America Wire-to-Board EV Connectors Market Forecast and Analysis

7. SOUTH AND CENTRAL AMERICA WIRE-TO-BOARD EV CONNECTORS MARKET REVENUE ANALYSIS - BY TYPE

7.1 Sealed Connector System
  7.1.1 Overview
  7.1.2 Sealed Connector System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
7.2 Unsealed Connector System
  7.2.1 Overview
  7.2.2 Unsealed Connector System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)

8. SOUTH AND CENTRAL AMERICA WIRE-TO-BOARD EV CONNECTORS MARKET REVENUE ANALYSIS - BY APPLICATION

8.1 ADAS and Safety System
  8.1.1 Overview
  8.1.2 ADAS and Safety System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.2 Body Control and Interiors
  8.2.1 Overview
  8.2.2 Body Control and Interiors: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.3 Infotainment System
  8.3.1 Overview
  8.3.2 Infotainment System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.4 Engine Management and Powertrain
  8.4.1 Overview
  8.4.2 Engine Management and Powertrain: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.5 Battery Management System
  8.5.1 Overview
  8.5.2 Battery Management System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.6 Vehicle Lighting
  8.6.1 Overview
  8.6.2 Vehicle Lighting: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
8.7 Others
  8.7.1 Overview
  8.7.2 Others: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)

9. SOUTH AND CENTRAL AMERICA WIRE-TO-BOARD EV CONNECTORS MARKET REVENUE ANALYSIS - BY PROPULSION TYPE

9.1 Battery Electric Vehicle
  9.1.1 Overview
  9.1.2 Battery Electric Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
9.2 Plug-In Hybrid Vehicle
  9.2.1 Overview
  9.2.2 Plug-In Hybrid Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
9.3 Fuel Cell Electric Vehicle
  9.3.1 Overview
  9.3.2 Fuel Cell Electric Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
9.4 Hybrid Electric Vehicle
  9.4.1 Overview
  9.4.2 Hybrid Electric Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)

10. SOUTH AND CENTRAL AMERICA WIRE-TO-BOARD EV CONNECTORS MARKET REVENUE ANALYSIS - BY VOLTAGE

10.1 Low Voltage
  10.1.1 Overview
  10.1.2 Low Voltage: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
10.2 Medium Voltage
  10.2.1 Overview
  10.2.2 Medium Voltage: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
10.3 High Voltage
  10.3.1 Overview
  10.3.2 High Voltage: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)

11. SOUTH AND CENTRAL AMERICA WIRE-TO-BOARD EV CONNECTORS MARKET - COUNTRY ANALYSIS

11.1 South and Central America
  11.1.1 South and Central America Wire-to-Board EV Connectors Market Revenue and Forecast and Analysis - by Country
    11.1.1.1 South and Central America Wire-to-Board EV Connectors Market Revenue and Forecast and Analysis - by Country
    11.1.2.2 Brazil: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
      11.1.2.2.1 Brazil: South and Central America Wire-to-Board EV Connectors Market Share - by Type
      11.1.2.2.2 Brazil: South and Central America Wire-to-Board EV Connectors Market Share - by Application
      11.1.2.2.3 Brazil: South and Central America Wire-to-Board EV Connectors Market Share - by Propulsion Type
      11.1.2.2.4 Brazil: South and Central America Wire-to-Board EV Connectors Market Share - by Voltage
    11.2.3.3 Argentina: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
      11.2.3.3.1 Argentina: South and Central America Wire-to-Board EV Connectors Market Share - by Type
      11.2.3.3.2 Argentina: South and Central America Wire-to-Board EV Connectors Market Share - by Application
      11.2.3.3.3 Argentina: South and Central America Wire-to-Board EV Connectors Market Share - by Propulsion Type
      11.2.3.3.4 Argentina: South and Central America Wire-to-Board EV Connectors Market Share - by Voltage
    11.3.4.4 Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
      11.3.4.4.1 Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market Share - by Type
      11.3.4.4.2 Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market Share - by Application
      11.3.4.4.3 Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market Share - by Propulsion Type
      11.3.4.4.4 Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market Share - by Voltage

12 COMPETITIVE LANDSCAPE

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration

13 INDUSTRY LANDSCAPE

13.1 Overview
13.2 New Product Development
13.3 Merger and Acquisition
13.4 Other Strategic Developments

14 COMPANY PROFILES

14.1 Yazaki Corp
  14.1.1 Key Facts
  14.1.2 Business Description
  14.1.3 Products and Services
  14.1.4 Financial Overview
  14.1.5 SWOT Analysis
  14.1.6 Key Developments
14.2 Sumitomo Electric Industries Ltd
  14.2.1 Key Facts
  14.2.2 Business Description
  14.2.3 Products and Services
  14.2.4 Financial Overview
  14.2.5 SWOT Analysis
  14.2.6 Key Developments
14.3 Molex LLC
  14.3.1 Key Facts
  14.3.2 Business Description
  14.3.3 Products and Services
  14.3.4 Financial Overview
  14.3.5 SWOT Analysis
  14.3.6 Key Developments
14.4 TE Connectivity Ltd
  14.4.1 Key Facts
  14.4.2 Business Description
  14.4.3 Products and Services
  14.4.4 Financial Overview
  14.4.5 SWOT Analysis
  14.4.6 Key Developments
14.5 PHOENIX CONTACT GmbH & Co. KG
  14.5.1 Key Facts
  14.5.2 Business Description
  14.5.3 Products and Services
  14.5.4 Financial Overview
  14.5.5 SWOT Analysis
  14.5.6 Key Developments
14.6 Aptiv Plc
  14.6.1 Key Facts
  14.6.2 Business Description
  14.6.3 Products and Services
  14.6.4 Financial Overview
  14.6.5 SWOT Analysis
  14.6.6 Key Developments
14.7 Hirose Electric Co Ltd
  14.7.1 Key Facts
  14.7.2 Business Description
  14.7.3 Products and Services
  14.7.4 Financial Overview
  14.7.5 SWOT Analysis
  14.7.6 Key Developments
14.8 Amphenol Corporation
  14.8.1 Key Facts
  14.8.2 Business Description
  14.8.3 Products and Services
  14.8.4 Financial Overview
  14.8.5 SWOT Analysis
  14.8.6 Key Developments
14.9 KYOCERA Corporation
  14.9.1 Key Facts
  14.9.2 Business Description
  14.9.3 Products and Services
  14.9.4 Financial Overview
  14.9.5 SWOT Analysis
  14.9.6 Key Developments
14.10 Guchen Electronics
  14.10.1 Key Facts
  14.10.2 Business Description
  14.10.3 Products and Services
  14.10.4 Financial Overview
  14.10.5 SWOT Analysis
  14.10.6 Key Developments

15. APPENDIX

15.1 About The Insight Partners
LIST OF TABLES


Table 1. South and Central America Wire-to-Board EV Connectors Market Segmentation
Table 2. List of Vendors
Table 3. South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Table 4. South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Type
Table 5. South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Application
Table 6. South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Propulsion Type
Table 7. South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Voltage
Table 8. South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Country
Table 9. Brazil: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Type
Table 10. Brazil: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Application
Table 11. Brazil: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Propulsion Type
Table 12. Brazil: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Voltage
Table 13. Argentina: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Type
Table 14. Argentina: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Application
Table 15. Argentina: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Propulsion Type
Table 16. Argentina: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Voltage
Table 17. Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Type
Table 18. Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Application
Table 19. Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Propulsion Type
Table 20. Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Voltage
Table 21. Heat Map Analysis by Key Players
LIST OF FIGURES


Figure 1. South and Central America Wire-to-Board EV Connectors Market Segmentation - Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Wire-to-Board EV Connectors Market
Figure 4. South and Central America Wire-to-Board EV Connectors Market - Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. South and Central America Wire-to-Board EV Connectors Market Revenue (US$ Million), 2024 - 2031
Figure 7. South and Central America Wire-to-Board EV Connectors Market Share (%) - by Type, 2024 and 2031
Figure 8. Sealed Connector System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 9. Unsealed Connector System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 10. South and Central America Wire-to-Board EV Connectors Market Share (%) - by Application, 2024 and 2031
Figure 11. ADAS and Safety System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 12. Body Control and Interiors: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 13. Infotainment System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 14. Engine Management and Powertrain: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 15. Battery Management System: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 16. Vehicle Lighting: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 17. Others: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 18. South and Central America Wire-to-Board EV Connectors Market Share (%) - by Propulsion Type, 2024 and 2031
Figure 19. Battery Electric Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 20. Plug-In Hybrid Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 21. Fuel Cell Electric Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 22. Hybrid Electric Vehicle: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 23. South and Central America Wire-to-Board EV Connectors Market Share (%) - by Voltage, 2024 and 2031
Figure 24. Low Voltage: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 25. Medium Voltage: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 26. High Voltage: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 27. South and Central America Wire-to-Board EV Connectors Market Breakdown by Key Countries, 2024 and 2031 (%)
Figure 28. Brazil: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 29. Argentina: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 30. Rest of South and Central America: South and Central America Wire-to-Board EV Connectors Market - Revenue and Forecast, 2021 - 2031 (US$ Million)
Figure 31. Company Positioning & Concentration


More Publications