EV connectors act as an EV coupler with charging pole of the station required for the power transmission. The connectors help to establish the connection of the battery of an EV with the charging point of the station. The different EV connectors offer charging capabilities at varying current and power, thereby improving efficiency. The EV connectors are designed according to the electrical specifications in order to synchronize with the features of the battery equipped in an EV. Due to the exponential in growth of EVs, the EV connectors market is likely to witness incremental growth in the coming years.

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.