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Global Commercial Vehicle Connectors Market 2017-2021

Global Commercial Vehicle Connectors Market 2017-2021

About Commercial Vehicle Connectors

The connectors are used to connect subsections of circuits together. Generally, they are used when there is a requirement to disconnect the subsections like power inputs, peripheral connections, or boards. The connectors in automotive applications come in a variety of sizes, shapes, complexities, and quality levels. The market encompasses the connectors fitted in the commercial vehicles for various applications. The global commercial vehicle connectors market is competitive with the presence of several players in the market. However, top firms account for the maximum share of the global market owing to innovation in connectors. In addition, the global automotive connectors market is at the growth stage, and the demand for connectors from the mass segment is becoming crucial for their adoption. The growing electrification of commercial vehicles in terms of powertrain applications, chassis, and connectivity is increasing the demand for connectors in commercial vehicles.

Technavio’s analysts forecast the global commercial vehicle connectors market to grow at a CAGR of 7.33% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle connectors market for 2017-2021. To calculate the market size, the report considers the revenue of the connectors fitted in the commercial vehicles produced across world.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Vehicle Connectors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • TE Connectivity
  • Sumitomo Electric Industries
  • YAZAKI
  • Delphi Automotive
  • Molex
Other prominent vendors
  • Amphenol
  • AVX
  • Bosch
  • DuPont
  • NORMA Group
  • Rosenberger
Market driver
  • Increasing electronic applications in commercial vehicles
  • For a full, detailed list, view our report
Market challenge
  • Frequent change in market dynamics leading to shorter product life cycle
  • For a full, detailed list, view our report
Market trend
  • Derating wire harnesses to reduce weight and heat
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Connectors Market 2017-2021

Technavio recognizes the following companies as the key players in the global commercial vehicle connectors market: TE Connectivity, Sumitomo Electric Industries, YAZAKI, Delphi Automotive, and Molex.

Other Prominent Vendors in the market are: Amphenol, AVX, Bosch, DuPont, NORMA Group, and Rosenberger.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Derating wire harnesses to reduce weight and heat. The rising electronic applications in the vehicle has increased the complexity of wire harnessing as the number of wires in single wire harness has increased, coupled with supporting equipment, such as clamp and connectors. Therefore, derating of wire harnesses is done to achieve a good balance between weight reduction and heat reduction. The connectors play an important role in derating the wire harnesses as a smaller connector is required to reduce the total footprint of the harness and allow more circuits to run through footprint.”

According to the report, one of the major drivers for this market is Increasing electronic applications in commercial vehicles. In the recent past, the electrification of mechanical components became crucial trend in the passenger car segment. Same is being witnessed in commercial vehicles segment, thus paving the way for the adoption of advanced assistance system in commercial vehicles for optimization. As a result, fleet management solutions are witnessing growing demand worldwide. Additionally, the demand for navigation, safety, comfort, and content is driving the adoption of electrical distribution systems in commercial vehicles. To enable telematics and infotainment system in CVs, the demand for high-speed wiring, connectors, and other electronic technologies is increasing.

Further, the report states that one of the major factors hindering the growth of this market is Frequent change in market dynamics leading to shorter product life cycle. Technological innovations and dynamic consumer expectations are reducing the average life cycle of vehicles. This is adding pressure on SRCs and automotive electronics manufacturers to cater to the demanding needs of OEMs and tier-1 suppliers. In the past, the average shelf life of a vehicle ranged from 8 to 10 years. However, drastic changes in the form of propulsion technologies, electrification, and engine downsizing have reduced the duration of product life cycle to 4-6 years. We have noticed such a trend in the consumer electronics and mobile device industries; a similar trend is expected in the automotive industry.

Companies Mentioned

TE Connectivity, Sumitomo Electric Industries, YAZAKI, Delphi Automotive, Molex, Amphenol, AVX, Bosch, DuPont, NORMA Group, and Rosenberger.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Table Global commercial vehicles market 2016-2021 (units in million)
    • Evolution of automotive connectors and wiring harness
      • Table Automotive connectors and wiring harness evolution
    • Regulatory framework
      • Table List of standards or compliance pertaining to automotive connector manufacturing
    • Commercial vehicle connectors: market dynamics
    • Value chain analysis
      • Table Value chain analysis of commercial vehicle connectors
  • Market landscape
    • Market overview
      • Table Segmentation of global commercial vehicle connectors market
    • Market size and forecast
      • Table Global commercial vehicle connectors market 2016-2021 ($ billions)
      • Table Segmentation of global commercial vehicle connectors market by revenue for vehicle electrical systems 2016
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Global commercial vehicle connectors market segmentation by vehicle type
      • Table Segmentation of global commercial vehicle connectors market by vehicle type 2016 and 2021
      • Table Global commercial vehicle connectors market by vehicle type 2016-2021
    • Global LCV connectors market
      • Table Global LCV connectors market 2016-2021 ($ billions)
      • Table Global LCVs market 2016-2021 (units in millions)
    • Global HCV connectors market
      • Table Global HCV connectors market 2016-2021 ($ millions)
      • Table Global HCVs market 2016-2021 (units in millions)
  • Geographical segmentation
    • Segmentation of commercial vehicle connectors market by geography
      • Table Global commercial vehicle connectors market by geography 2016 and 2021
      • Table Global commercial vehicle connectors market by geography 2016-2021
    • Commercial vehicle connectors market in APAC
      • Table Commercial vehicle connectors market in APAC ($ billions)
    • Commercial vehicle connectors market in EMEA
      • Table Commercial vehicle connectors market in EMEA ($ billions)
    • Commercial vehicle connectors market in Americas
      • Table Commercial vehicle connectors market in Americas ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table BRIC countries connectivity solutions brief
    • Market challenges
  • Market trends
    • Innovations in connectors for commercial vehicles to pave the way for more safety benefits
    • Derating wire harnesses to reduce weight and heat
    • Induction of high-end optical fiber into the automobile sector
    • Shifting focus of OEMs toward development of autonomous vehicles
  • Vendor landscape
    • Competitive benchmarking
    • Other prominent vendors
  • Key vendor analysis
    • TE Connectivity
      • Table TE Connectivity: Business segmentation by revenue 2016
      • Table TE Connectivity: Business revenue 2015 and 2016 ($ billions)
      • Table TE Connectivity: Geographical segmentation by revenue 2016
      • Table TE Connectivity: Product portfolio
      • Table TE Connectivity: Recent developments
    • Sumitomo Electric Industries
      • Table Sumitomo Electric Industries: Business segmentation by revenue 2016
      • Table Sumitomo Electric Industries: Geographical segmentation by revenue 2016
      • Table Sumitomo Electric Industries: Product portfolio
    • YAZAKI
      • Table YAZAKI: Business revenue 2014 and 2015 ($ billions)
      • Table YAZAKI: Geographical segmentation by revenue 2015
    • Delphi Automotive
      • Table Delphi Automotive: Business segmentation by revenue 2016
      • Table Delphi Automotive: Business revenue 2015 and 2016 ($ billions)
      • Table Delphi Automotive: Geographical segmentation by revenue 2016
      • Table Delphi Automotive: Product portfolio
      • Table Delphi Automotive: Recent Developments
    • Molex
      • Table Molex: Product portfolio
      • Table Molex: Recent Developments
  • Appendix
    • List of abbreviation
  • Explore Technavio

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