Report Overview:
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.
The publisher'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.
- The global automotive connectors market size reached US$ 12.5 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 17.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.34% during 2023-2028
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.
The publisher'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.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global automotive connectors market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on connection type, connector type, system type, vehicle type and application.Breakup by Connection Type:
- Wire to Wire Connection
- Wire to Board Connection
- Board to Board Connection
Breakup by Connector Type:
- PCB Connectors
- IC Connectors
- RF Connectors
- Fiber Optic Connectors
- Others
Breakup by System Type:
- Sealed Connector System
- Unsealed Connector System
Breakup by Vehicle Type:
- Passenger Cars
Commercial Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Electric Vehicles
Breakup by Application:
- Body Control and Interiors
- Safety and Security System
- Engine Control and Cooling System
- Fuel and Emission Control
- Infotainment
- Navigation & Instrumentation
- Others
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:
- What is the global automotive connectors market growth 2023-2028?
- What are the global automotive connectors market drivers?
- What are the key industry trends in the global automotive connectors market?
- What is the impact of COVID-19 on the global automotive connectors market?
- What is the global automotive connectors market breakup by connection type?
- What is the global automotive connectors market breakup by connector type?
- What is the global automotive connectors market breakup by system type?
- What is the global automotive connectors market breakup by vehicle type?
- What is the global automotive connectors market breakup by application?
- What are the major regions in the global automotive connectors market?
- Who are the key companies/players in the global automotive connectors market?
Frequently Asked Questions about the Global Automotive Connectors Market
What is the estimated value of the Global Automotive Connectors Market?
What is the growth rate of the Global Automotive Connectors Market?
What is the forecasted size of the Global Automotive Connectors Market?
Who are the key companies in the Global Automotive Connectors Market?
Report Attribute | Details |
---|---|
No. of Pages | 139 |
Published | May 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 12.5 Billion |
Forecasted Market Value ( USD | $ 17.7 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Automotive Connectors Market
6 Market Breakup by Connection Type
7 Market Breakup by Connector Type
8 Market Breakup by System Type
9 Market Breakup by Vehicle Type
10 Market Breakup by Application
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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 and Lumberg Holding
Methodology
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