Automotive Connectors Market 2021 : Wire to Wire, Wire to Board, Board to Board

RnRMarketResearch Add New “Automotive Connectors Market 2021 : Wire to Wire, Wire to Board, Board to Board” Industry Research Report to It’s a Database.

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The 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. Factors such as increasing electrification in vehicles will boost the demand for automotive connectors in the near future. The major restraint for the manufacturers is meeting the reliability and durability standards. The connector solutions are able to withstand both low and high frequency solutions. The reliability and durability concerns affect the overall efficiency.

The safety and security application is expected to dominate the automotive connectors market. 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 etc. that increase the convenience and safety of passengers.

Research Coverage:

This market study covers the automotive connectors market for wire to wire connection, wire to board connection and board to board connection. The systems identified in the report include sealed connector system and unsealed connector system. The applications included in this report are body control and interiors, safety and security, engine control and cooling system, fuel and emission control, infotainment and others. Additionally, the report covers the market for passenger cars, commercial vehicles, and electric vehicles.

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.

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

• By Company Type - Tier 1 - 42 %, Tier 2 - 26%, Others - 32%
• By Designation - C level - 40%, D level - 29%, Others - 31%
• By Region - North America - 38%, Europe - 22%, Asia-Pacific - 30%, Rest of the World- 10%

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Major Players Profiled In The Report 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.)

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