Increasing sales of environmentally friendly vehicles could drive demand for electrical connectors capable of coupling them to charging systems in the next five years.
Pike Research has put out two reports looking at the technology from both sides: the vehicles themselves and the power systems from which they are charged.
With rapid expansion predicted in both markets, the electrical connectors which provide the link between the two could play a crucial role in the development of the sector.
In the five years until 2015, the analyst anticipates annual growth of 106 per cent in the number of battery-powered and hybrid electric vehicles on the world's roads.
China is forecasted to lead the trend with a 27 per cent market share, closely followed by the US with 26 per cent of the more than three million anticipated sales.
Meanwhile, electric vehicles and the demands of renewable energy are also predicted by the analyst to drive increases in stationary power storage capable of holding charge in one location for long periods.