Automotive Connector Market (By Product: PCB, IC, RF, Fiber Optic, Others; By Connectivity: Wire to wire, Wire to board, Others; By Vehicle Type: Passenger cars, Commercial Vehicles; By Application: CCE, Powertrain, Safety and security, Body wiring and power distribution, Navigation and instrumentation) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global automotive connector market size, in terms of revenue is expected to reach USD 28.23 billion by 2026, and is expected to grow at CAGR of 7.3% over the forecast period. Advancement in technology has resulted in many advanced features in cars which enhance driving experience and offer better safety. Growth of the global automotive connector market can be attributed to growing demand for convenience, connectivity, and safety features in passenger cars plus commercial vehicles.Increasing electrification in vehicles among different vehicle segments has encouraged demand for connectors. Additionally, increasing awareness regarding eco-friendly mobility has plunged sales of electric vehicles, thus driving demand for automotive connectors. It is likely that over 127 hybrid electric car models will be launched over the coming five years, which is expected to create immense opportunity for makers of automotive connectors.

Market Dynamics

Security and safety features such as anti-theft alarm system, adaptive cruise control, lane departure warning, keyless entry, and auto emergency braking aid in preventing fatal accidents and offer higher levels of security. Many such advanced features are included within a vehicle utilizing a considerable number of electronic components. Connectors take part in an essential role in providing appropriate power distribution to these components. Additionally, connectors are rigidly manufactured to withstand harsh operating conditions be it high/low temperature, wear and tear, and dirt.

Market Insights

Regulations play a crucial part in determining the global automotive connector market. The ban proposed on internal combustion engine (ICE) vehicles in various countries across the world has led to rising adoption of electric vehicles, driven by availability of beneficial schemes. For instance, Norway has targeted 2025 as the year for banning ICE vehicles; similarly India and China have announced to ban ICE vehicles by 2030. This amplifies the scope of vehicle electrification, thus generating higher demand for connectors.

From running GPS navigation-based features to distribution of power, connectors play a essential role in smooth functionality of any vehicle and the many electronic devices it features. Any defect in connectors could lead to severe failure in functionality. Accordingly, manufacturers are mostly focused on research and development initiatives for producing better quality connectors which offer uninterrupted functioning.

Navigation is expected to come forward as the major application segment for automotive connectors. Segment growth can be attributed to increase in adoption of advanced and sophisticated infotainment devices in vehicles due to their user-friendly and accurate navigational feature and also other entertainment features. The safety and security application segment is expected to account for share of slightly more than a quarter by 2025.

Market Segmentation

Market By Product

  • PCB
  • IC
  • RF
  • Fiber Optic
  • Others

Market By Connectivity

  • Wire to wire
  • Wire to board
  • Others

Market By Vehicle Type

  • Passenger cars
  • Commercial Vehicles

Market By Application

  • CCE
  • Powertrain
  • Safety and security
  • Body wiring and power distribution
  • Navigation and instrumentation

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

Asia Pacific automotive connector market is anticipated to emerge as the most promising market for automotive connectors by 2025, attributable to increasing vehicle electrification in the region.

Market Participants

The key players catering to the global automotive connector market are YAZAKI Corporation, TE Connectivity, Sumitomo Corporation, and Delphi Technologies and among others. The global players are continuously investing in R&D activities and innovating to have updated technology based product portfolio to attract more and more business opportunity from the emerging nation such as that in Asia Pacific countries.


FAQ

Mobile Generators Market (By Product Type: Gasoline Generator, Diesel Generator, Gas Generator; By Application: Commercial, Residential) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global mobile generators market is expected to reach around US$ 1,723 Mn by 2026 and is expected to grow a CAGR of above 4% over the forecast period 2019 to 2026. The mobile generators provide a standby solution in case of any emergency. The construction industry and oil & gas industry activities are carried out across the globe on large scale. These activities mostly take place in remote places where

Automotive Active Health Monitoring System Market (By Component: Infotainment Systems, Sensors; By Application: Pulse Rate, Blood Pressure, Blood Sugar Level, Others; By Vehicle Type: Passenger Cars, Commercial Vehicles; By Sales Channel: After Market, OEM) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive active health monitoring system market is expected to reach the market value of around US$ 7 Bn by 2026 and is anticipated to grow at a CAGR of around 26% during the forecast period 2019 to 2026.           Automotive active health monitoring refers to monitor vital driver signs including fatigue, drowsiness, and distraction. Automotive active health monitorin

Automotive Engineering Services Market By Service Type: Concept/Research, Designing, Prototyping, System Integration, Testing; By Application: Electrical, Electronics and Body Controls, Chassis, Connectivity Services, Interior, Exterior, and Body Engineering, Powertrain and Exhaust, Simulation; By Location: In-house, Outsource; By Vehicle Type: Passenger Car, Commercial Vehicle - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive engineering services market is expected to grow at a CAGR of around 12.3% from 2019 to 2026 and expected to reach the market value of around 352 billion by 2026. Automotive engineering is the activity of designing and constructing automobiles with the combination of mechanical, electrical, electronic, software and safety engineering. Automotive engineering ser

Automotive Lightweight Materials Market By Material Type (Metals, Composites, Plastics, Elastomer), By Electric & Hybrid Vehicle Type (BEV, HEV, PHEV, Truck, Bus), By Vehicle Type (PC, LCV, HCV), By Component (Frame, Wheel, Bumpers & Fenders, Engine & Exhaust, Fuel Tank, Transmission, Doors, Hood & Trunk Lid, Seats, Instrument Panel), By Application (Body in white, Chassis & suspension, Powertrain, Closures, Interiors, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive lightweight materials market is expected to grow at a CAGR of 8.0% over the forecast period 2019 to 2026 and market to attain valuation of over US$ 155,985 Mn by 2026. In order to reduce their weight and increase their speed and fuel consumption, automotive lightweight materials are used. These lightweight materials are an appropriate replacement for heavy con

Automotive VVT System Market By Product Type (Continuous VVT, Non-continuous VVT), By Application (Passenger Vehicle, Light commercial vehicle, Heavy commercial vehicle) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive VVT system market size is expected to reach around US$ 76,545 million by 2026 with a CAGR of above 4% over the forecast period 2019-2026. Automotive industry is experiencing a drastic change across the globe. Rising government regulation related to pollution, carbon footprints, and developing transportation sector is shifting manufacturers focus on development

Automotive Laser Headlight Market By Vehicle: (Passenger Vehicle, Commercial Vehicle) By Sales Channel: (OEM, Aftermarket) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global automotive laser headlight market size is expected to reach around 339.7 Bn by 2026 and growing at a CAGR of around 67.9% from forecast period 2019 to 2026. Laser headlights are the automotive components used for lighting the road surface to increase safety, and also to avoid risk of accidents. Laser headlights are an innovative technology used in the automobiles, where

Cart Summary