The Global Automotive Connectors Market is estimated to grow at a CAGR of 7.57% from 2018 to reach USD 7.1 Billion by the year 2023.
GLOBAL AUTOMOTIVE CONNECTORS MARKET was valued at USD 4.58 Billion in the year 2017.
Asia-Pacific region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, China is projected to grow strongly in the coming years.
IRISO Electronics co., Ltd (Japan), HARTING Technology Group (Germany), Hirose Electric Co., Ltd. (Japan), Delphi Technologies (U.K.), Sumitomo Corporation (Japan), BizLink Group (U.S.), YAZAKI Corporation (Japan), Amphenol Corporation (U.S.), Japan Aviation Electronics Industry, Ltd.
(Japan), AVX Corporation (U.S.), Korea Electric Terminal Co. Ltd. (South Korea), are some of the key players in the Global Automotive Connectors market.
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Rising research and development expenses to cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
Increasing demand for Electric Vehicle
Durability and Reliability Concern Affects the Overall Efficiency
Rising demand in the automotive sector
Increasing raw material cost
The major shares of the market come from safety and security, application type in Global Automotive Connectors Market. On the other hand, Electric Vehicle, by vehicle type for this market is expected to grow at highest CAGR during the year 2018-2023.
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Key Benefits for Stakeholders
Automotive Connectors Manufacturers, Distributors and Retailers
Research and Consulting Organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
By System Type
Sealed Connector System
Unsealed Connector System
By Connection Type
Wire to Wire connection
Wire to Board Connection
Board to Board Connection
By Application Type
Safety and Security
Body Control and Interiors
Fuel and Emission Control
Engine Control and Cooling System
By Vehicle Type
Key Market Players
IRISO Electronics co., Ltd
HARTING Technology Group
Hirose Electric Co., Ltd.
Japan Aviation Electronics Industry, Ltd.
Korea Electric Terminal Co. Ltd.
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