Automotive Connector Market is expected to grow at a considerable CAGR during the forecast period from 2021 to 2027. The growing demand for luxury vehicles, increasing disposable income and the new technological inventions are the major factors driving the growth of the automotive connectors market. Automotive connectors are electrochemical elements used to connect multiple electrical circuits. They combine electrical terminals to form a complete circuit and ensure effective communication and navigation between the car’s electronics and safety devices. They consist of a jack or socket (female end) and a plug (male end) located under the vehicle hood. Advanced safety and security features such as anti-theft alarms, adaptive cruise control, keyless entry, and automatic emergency braking systems are integrated with electrical components using these connectors.
The major restraining factor for the automotive connector market it to meet market durability and reliability standards as the failure in these connectors can lead to disastrous results. 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.
(Get 15% Discount on Buying this Report)
A full report of Global Automotive Connector Market is available at: https://www.orionmarketreports.com/automotive-connector-market/59797/
The following Segmentation are covered in this report:
By Connection Type
- Wire to Wire Connection
- Wire to Board Connection
- Board to Board Connection
By System Type
- Sealed Connector System
- Unsealed Connector System
By Vehicle Type
- Passenger Car
- Commercial Vehicle
- Electric Vehicles
By Application
- Body Control and Interiors
- Safety and Security
- Engine Control and Cooling System
- Fuel and Emission Control
- Infotainment
- Others
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Connector Market.
- The market share of the global Automotive Connector Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Connector Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Connector Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
