Automotive Connectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Automotive Connectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global automotive connectors market is expected to grow at a CAGR of around 7% during 2019-2024. Automotive connectors are electrochemical elements that are used for attaching multiple electrical circuits. They join electric terminals to form a complete circuit and ensure effective communication and navigation between the electronics and safety devices of the automobile. They consist of jacks or sockets (female-ended) and plugs (male-ended) that are placed under the hood of the vehicle. Advanced safety and security features such as anti-theft alarms, adaptive cruise control, keyless entry and auto emergency braking systems are integrated with electrical components using these connectors.

The increasing incorporation of advanced security features in the automobiles and the rising demand for electric vehicles (EVs) are the key factors driving the growth of the market. Furthermore, the growing sophistication of automotive sensors and infotainment systems has augmented the demand for automotive wiring harnesses and connectors across the globe. Automobile manufacturers are replacing copper cables with plastic optical fiber (POF) to improve data transmission and design flexibility, along with reducing the overall vehicle weight. The effective functioning of POF requires automotive connectors. Additionally, advanced automotive systems utilize memory and data storage connectors for supporting Wi-Fi networks in automated vehicles. This, coupled with the increasing adoption of hybrid vehicles, is further contributing to the market growth. Moreover, various product innovations such as adaptive front lighting, cruise control, park assistance and departure warning systems, along with the incorporation of machine learning in self-driving vehicles are expected to drive the market in the coming years.

IMARC Group’s latest report provides a deep insight into the global automotive connectors market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the automotive connectors market in any manner.

Report Coverage:

Historical, Current and Future Market Trends

Market Breakup by Connection Type:
Wire to Wire Connection
Wire to Board Connection
Board to Board Connection

Market Breakup by Connector Type:
PCB Connectors
IC Connectors
RF Connectors
Fiber Optic Connectors
Others

Market Breakup by System Type:
Sealed Connector System
Unsealed Connector System

Market Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles

Market Breakup by Application:
Body Control and Interiors
Safety and Security System
Engine Control and Cooling System
Fuel and Emission Control
Infotainment
Navigation & Instrumentation
Others

Market Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being TE Connectivity, Aptiv (Formerly Delphi Automotive PLC), Yazaki Corporation, Molex Incorporated, Sumitomo Electric Industries Ltd., Amphenol Corporation, Japan Aviation Electronics, Luxshare Precision, JST Manufacturing, Hirose Electric Co. Ltd., Korea Electric Terminal Co. Ltd., AVX Corporation, Kyocera Corporation, Rosenberger, Hu Lane Associate Inc., Samtec, Lumberg Holding, etc.

Key Questions Answered in This Report:

How has the global automotive connectors market performed so far and how will it perform in the coming years?
What are the key regional markets in the global automotive connectors industry?
What is the breakup of the market based on the connection type?
What is the breakup of the market based on the connector type?
What is the breakup of the market based on the system type?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the global automotive connectors industry?
What are the key driving factors and challenges in the global automotive connectors industry?
What is the structure of the global automotive connectors industry and who are the key players?
What is the degree of competition in the global automotive connectors industry?