(MENAFNEditorial) iCrowdNewswire - Aug 31, 2017
This Automotive Connectors Market report represents the revenue opportunities in the market through to 2021, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
Study on Automotive Connectors Market highlights key players such as TE Connectivity (Switzerland), Delphi Automotive (U.K.), Yazaki Corporation (Japan), Sumitomo Electric(Japan), Japan Aviation Electronics (Japan), Amphenol Corporation (U.S.), Molex Incorporated (U.S.), Hirose Electric Co. Ltd. (Japan), Foxconn Technology Group (Taiwan), JST MFG Co. Ltd. (Japan), AVX Corporation (U.S.).
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The automotive connectors market was estimated to be USD 4.38 billion in 2016, and is projected to reach USD 6.28 billion by 2021.The market, in terms of value, is projected to grow at a CAGR of 7.46% from 2016 to 2021. Factors such as increasing electrification in vehicles will boost the demand for automotive connectors in the near future. The major restraint for the manufacturers is meeting the reliability and durability standards. The connector solutions are able to withstand both low and high frequency solutions. The reliability and durability concerns affect the overall efficiency.
Premium Insights:
- Growing Opportunities in Global Automotive Connectors Market
- Automotive Connectors Market, By Region, 2016 vs 2021
- Automotive Connectors Market, By Connection Type, 2016 vs 2021
- Automotive Connectors Market, By System Market, 2016 vs 2021
- Automotive Connector Market, By Application Type, 2016 vs 2021
- Automotive Connectors Market, By Vehicle Type, 2016 vs 2021
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The safety and security application is expected to dominate the automotive connectors market. There has been a rapid increase in the number of technological advancements in vehicles. This can be attributed to the growing demand for features such as collision avoidance, lane departure etc. that increase the convenience and safety of passengers.
Passenger cars are expected to constitute the fastest growing segment of the automotive connectors market, by vehicle type. This can be attributed to the introduction of various advanced safety features such as night vision, blind spot detection, and lane departure systems in passenger cars. These features spurred the growth of the automotive connectors market for passenger cars.
Key Points From Table Of Content:
7 Automotive Connectors Market, By System Type
7.1 Introduction
7.2 Sealed Connector System
7.3 Unsealed Connector System
8 Automotive Connectors Market, By Application Type
8.1 Introduction
8.2 Body Control and Interiors
8.3 Safety and Security System
8.4 Engine Control and Cooling System
8.5 Fuel and Emission Control
8.6 Infotainment
8.7 Others
9 Automotive Connectors Market, By Vehicle Type
9.1 Introduction
9.2 Passenger Cars
9.3 Commercial Vehicles
9.3.1 Light Commercial Vehicles
9.3.2 Heavy Commercial Vehicles
9.4 Electric Vehicles
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This market study covers the automotive connectors market for wire to wire connection, wire to board connection and board to board connection. The systems identified in the report include sealed connector system and unsealed connector system. The applications included in this report are body control and interiors, safety and security, engine control and cooling system, fuel and emission control, infotainment and others. Additionally, the report covers the market for passenger cars, commercial vehicles, and electric vehicles.
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