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.
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Asia-Pacific is estimated to dominate the automotive connectors market, and is projected to grow at the highest CAGR during the forecast period. The market growth in this region can be attributed to the improving socio-economic conditions in emerging economies such as China and India.
In addition, the emerging advanced technologies in a vehicle in these regions have increased the electrification in vehicle, and this has resulted in increased demand for automotive connectors.
Inquire For Complete Report Copy of Automotive Connectors Market by Connection Type (Wire to Wire, Wire to Board, Board to Board), Application (Body Control & Interiors, Engine Control & Cooling System), System Type (Sealed, Unsealed), Vehicle Type, and Region - Global Forecast to 2021 www.rnrmarketresearch.com/contacts/931372
The safety and security application is expected to dominate the automotive connectors market.
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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.
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.
Target Audience Include Automotive Connectors Market Report:
- Connectors Manufacturers
- Automobile Original Equipment Manufacturers (OEMs)
- Automobile Organizations/Associations
- Connectors Suppliers
- Research Institutes
- Raw Material Suppliers for Connectors
- Traders and Distributors of Connectors
- Automotive Wires and Cables Manufacturers
Top Companies Analyzed for Automotive Connectors Market are – 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.).
Fundamental Key Point from Table of Content:
Automotive Connectors Market, By Connection Type
Wire to Wire Connection
Wire to Board Connection
Board to Board Connection
Automotive Connectors Market, By System Type
Sealed Connector System
Unsealed Connector System
Automotive Connectors Market, By Application Type
Body Control and Interiors
Safety and Security System
Engine Control and Cooling System
Fuel and Emission Control
Report at www.rnrmarketresearch.com/contacts/?rname=931372
Automotive Connectors Market, By Vehicle Type
Light Commercial Vehicles
Heavy Commercial Vehicles
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