North America Automotive Board to Board Connector Market Report by Scope, Segmentation, Dynamics, and Competitive Analysis

The North America automotive board to board connector market size is expected to reach US$ 602.38 million by 2031 from US$ 429.73 million in 2023. The market is estimated to record a CAGR of 4.3% from 2023 to 2031.

Executive Summary and North America Automotive Board to Board Connector Market Analysis:

The automotive Board to Board Connector market in North America is segmented into the US, Canada, and Mexico. The automotive industry in North America is undergoing a transformation period, marked by the rapid adoption of cutting-edge technologies and the push toward a sustainable future. These advancements significantly boosted the growth of the board-to-board connector market in the region, as automakers and suppliers seek reliable interconnection solutions to support the increasing complexity of modern vehicle electronics. Furthermore, the transition toward electric vehicles (EVs) and hybrid electric vehicles (HEVs) has contributed to the growth of the board-to-board connector market in North America. For instance, in January 2024, according to estimates from Kelley Blue Book in 2023, EVs accounted for 7.6% of the vehicle market in the US, marking an increase from 5.9% in 2022.

North America Automotive Board to Board Connector Market Segmentation Analysis:

Key segments that contributed to the derivation of the Automotive board to board connector market analysis are type, application, pitch, and number of pin.

By type, the automotive board to board connector market is segmented into pin headers (stacked headers and shrouded headers), sockets, floating connector, and card edge connector source. The pin header held the largest share of the market in 2023.

By application, the automotive board to board connector market is segmented into powertrain control systems, infotainment and navigation systems, advanced driver assistance systems, electric vehicles and hybrid vehicle systems, lighting control systems, autonomous vehicles, and others. The powertrain control system held the largest share of the market in 2023.

By pitch, the automotive board to board connector market is segmented into less than 1 mm, 1-2 mm, and more than 2 mm. 1-2 mm held the largest share of the market in 2023. By number of pin, the automotive board to board connector market is segmented into 2-12 Pin, 13-30 Pin, 31-50 Pin, 51-100 Pin, and 100+ Pin. 2-12 Pin held the largest share of the market in 2023.

North America Automotive Board to Board Connector Market Outlook

The electrification of vehicles, and the rise of electric vehicles (EVs), is driving the demand for advanced interconnection solutions, including board-to-board connectors. Board-to-board connectors are at the core of automotive systems, enabling power distribution, data transfer, and communication across various subsystems in the vehicle, from battery management and powertrains to charging infrastructure and auxiliary systems. As EVs transition from traditional internal combustion engine (ICE) vehicles, the complexity of their electrical systems has increased substantially. These systems require reliable, efficient, and robust connectors to ensure the proper functioning of key vehicle components, particularly in powertrain, battery management, and charging systems.

According to a recent report, 'The Global EV Outlook 2024,' by the International Energy Agency (IEA), electric car sales were ~14 million in 2023, 95% of which were in China, Europe, and the US. Furthermore, almost 14 million new electric cars were registered globally in 2023, bringing their total number on roads to 40 million, closely tracking sales forecast from the 2023 edition of the Global EV Outlook (GEVO-2023). Electric car sales in 2023 were 3.5 million more than in 2022, a 35% year-on-year increase. Thus, the electrification of vehicles is fundamentally changing the way automotive systems are designed and interconnected. As EVs are evolving, they are becoming more reliant on advanced electronic systems that require high-performance, reliable, and compact interconnection solutions

North America Automotive Board to Board Connector Market Country Insights

Based on country, the North America automotive board to board connector market comprises the US, Canada, and Mexico. The US held the largest share in 2023.

The US is experiencing a surge in demand for vehicles that offer mobility with advanced technological features that enhance the driving experience. As connectivity becomes a central aspect of modern life, consumers are increasingly seeking vehicles equipped with a wide range of connected features. These features include advanced infotainment systems, vehicle-to-everything (V2X) communications, over-the-air (OTA) software updates, and seamless integration with personal devices. This surge in consumer demand is driving the automotive industry to prioritize high-tech connectivity solutions, propelling the demand for automotive board-to-board connectors. These connectors enable seamless operation of complex and interconnected automotive systems, positioning them as a critical component in the future of automotive technology.

North America Automotive Board to Board Connector Market Company Profiles

Some of the key players operating in the market include Amphenol Corp; GREENCONN Co., Ltd; Yamaichi Electronics Co., Ltd; Molex LLC; Japan Aviation Electronics Industry, Ltd; Hirose Electric Co Ltd; Samtec Inc; KYOCERA Corporation; ENNOVI Holdings Pte. Ltd; and CSCONN Corporation, among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

Europe Automotive Board to Board Connector Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report.

Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

Company websites, annual reports, financial statements, broker analyses, and investor presentations. Industry trade journals and other relevant publications. Government documents, statistical databases, and market reports. News articles, press releases, and webcasts specific to companies operating in the market. Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

Primary Research

The publisher conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:

Validate and refine findings from secondary research. Enhance the expertise and market understanding of the analysis team. Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects. Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America automotive board to board connector market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the North America automotive board to board connector market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America automotive board to board connector market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.