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Automotive Connectors Market Share, Size, Drivers, Top Players, Latest Trends, Demand, Analysis and Forecast 2022-2027

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Automotive Connectors Market Share, Size, Drivers, Top Players, Latest Trends, Demand, Analysis and Forecast 2022-2027

August 26
16:40 2022
Automotive Connectors Market Share, Size, Drivers, Top Players, Latest Trends, Demand, Analysis and Forecast 2022-2027
Looking forward, IMARC Group expects the market to reach US$ 16.7 Billion by 2027, exhibiting at a CAGR of 5.94% during 2022-2027.

According to IMARC Group’s latest report, titled “Automotive Connectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, Offers a comprehensive analysis of the industry, which comprises insights on Global Automotive Connectors Market Share.

Automotive Connector Market Overview:

The global market reached a value of US$ 12.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.7 Billion by 2027, exhibiting at a CAGR of 5.94% during 2022-2027. Automotive connectors represent electrochemical elements that are used for attaching various electrical circuits. They join electric terminals to form a complete circuit and ensure effective communication as well as navigation between the electronics and safety devices of automobiles. Automotive connectors are generally designed to withstand low and high temperatures, dirt, wear and tear, etc. In line with this, they also integrate numerous advanced safety and security features, such as anti-theft alarms, adaptive cruise control, keyless entry, auto emergency braking systems, etc., in vehicles and assure that components receive correct power distribution.

Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/automotive-connectors-market/requestsample

Automotive Connector Market Trends:

The escalating demand for connectivity and convenience in passenger and commercial vehicles is primarily driving the automotive connectors market. Additionally, the growing consumer awareness towards eco-friendly mobility and the inflating popularity of adaptive front lighting, cruise control, park assistance, departure warning systems, etc., are further catalyzing the market growth. Besides this, the widespread adoption of advanced automotive solutions that use memory and data storage connectors to support Wi-Fi networks in automated vehicles is acting as another significant growth-inducing factor. Moreover, the leading manufacturers are replacing copper cables with plastic optical fiber (POF) to improve data transmission and design flexibility, which is positively influencing the global market. Apart from this, the rising utilization of machine learning (ML) in self-driving automobiles is anticipated to fuel the automotive connectors market over the forecasted period. 

Checkout Now: https://www.imarcgroup.com/checkout?id=2073&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Report Features

Details

Base Year of the Analysis

2021

Historical Period

2016-2021

Forecast Period

2022-2027

Units

US$ Billion

Segment Coverage

Connection Type, Connector Type, System Type, Vehicle Type, Application, Region

Global Automotive Connector Market Can Be Segmented as:-

Competitive Landscape with Key Players:

  • 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

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

Ask Analyst for 10% free customized report: https://www.imarcgroup.com/automotive-connectors-market

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                           

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

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