UL and IEC Connectors Market Outlook 2025 2032 Safety Standards...

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2025-08-18 12:30:40 -

UL and IEC Connectors Market Outlook 2025 2032 Safety Standards Compliance Global Demand and Strategic Growth Opportunities

Global UL and IEC Connectors Market size was valued at US$ 6,890 million in 2024 and is projected to reach US$ 10,450 million by 2032, at a CAGR of 5.4% during the forecast period 2025-2032. The U.S. market accounts for 30% of global revenue, while China is expected to grow at a faster rate of 7.8% CAGR, driven by expanding electronics manufacturing. UL (Underwriters Laboratories) and IEC...

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