Current Industry Research Report Titled On:- “Global Automotive Connector Market - Growth, Trends, and Forecast (2018 - 2023)“
“Automotive Connector Market” Report Provides detailed summary of Company Competition, Market demand, Regional Forecast, Marketing & Price and also New investment feasibility analysis is included of Automotive Connector Market in global region. The Global Automotive Connector Market is anticipated to register a CAGR of 7.3% over the forecast period of (2018 – 2023).
Automotive Connector Market Competitive Analysis: The existence of large, small, and local vendors in the market creates high competition. Following are the Leading Manufacturers -
- Alpes Connectique Services
- Amphenol Corporation
- BizLink Holding Inc
- Aptiv PLC
- Harting Technology Group
- Hirose Electric Co.
- Hu Lane Associates Inc.
- IRISO ELECTRONICS CO.
- ODU GmbH & Co.KG
- TE Connectivity Ltd.
- Yazaki Corporation
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Automotive Connector Market Segment by Regions, regional analysis covers
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America, Middle East and Africa
Overview of TOC, what it will contains in Research Report ? –
- Overview of Automotive Connector Market,
- Competitions by (Types, Applications, Players),
- Imports/Exports Market Analysis,
- Players Profiles and Sales Data,
- Production Market Analysis by Regions,
- Sales Market Analysis by Region,
- Automotive Connector Market Forecast (2018-2023),
- And More…..
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The global automotive connector market is poised to grow at a CAGR of 7.3% during the forecast period of 2018 - 2023. Europe is anticipated to be the major contributor to the growth of the market with majority of market leaders operating in this region. Automotive connector market has major application in the powertrain systems followed by safety and infotainment systems.
Increasing ADAS and Safety Features in the Vehicles driving the Market Growth
The growing applications for connectors in advanced safety systems in vehicles include Automotive Computer Controlled Systems (ACC), airbag, Electronic Stability Program (ESP), Intelligent Parking Assist System (IPAS), Tire Pressure Monitoring System (TPMS), Lane Departure Warning System (LDWS) and steering systems. The increase in safety concerns among consumers, coupled with the safety-related initiatives from government agencies has elevated the requirement for connector systems to integrate the safety systems. For instance, automotive safety systems used in seatbelts, airbags and brakes require a connection system comprising a retainer and safety restraint system connector. Aptiv PLC provides various safety restraint system connector solutions for airbags. Thus, the growing demand for automotive safety systems has a direct influence on the demand for automotive connectors, driving the market of the automotive connector systems.
The other electronic content for vehicles has been increasing as a result of the growing demand for advanced and convenient systems, such as automatic transmissions and infotainment. The increase in the electronic content of vehicles has driven demand for automotive wiring harnesses in automobiles that in turn, have increased the need for connectors in these systems.
Reliability and High Competition are the Major Challenges for Manufacturers
Reliability and durability concerns are some functional challenges that hinder the growth of the market. Connectors are placed under the hood of automobiles and must have the capacity to withstand high as well as sub-zero temperatures and shocks. Therefore, recent incidents of the failure of these devices can pose serious concerns. Increase in competition among automotive connector manufacturers in the global context is one of the major challenges for new entrants in the market.
Automotive Connectors - Technological Developments
Manufacturers continue to focus on the growing need for advanced connector technology in the automotive market. One of the primary advances that most automotive connector manufacturers are focusing on is the deployment of semiconductor technology used in the production of automotive connectors that are used in infotainment systems. Semiconductor technology ensures high-speed data communication in vehicles for key aspects of infotainment and other advanced driver assistance systems, including control of displays and cameras. For instance, Inova Semiconductors, a German-based company, has been involved in the production of state-of-the-art semiconductors and has launched APIX2 multichannel SerDes solutions to be used for various applications in automotive connector systems. Also, the shielded twisted-pair connection systems are increasingly used as a connector for various driver assistant systems. These connection systems are usually enabled for higher resolution stack displays, backup cameras, digital instrument clusters, head-up displays, and expanded customer convenience port (CCP) access through digital media hubs for state-of-the-art audio and video.
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Reasons to Purchase Automotive Connector Market Report:
- The report analyses how the stringent emission control norms will drive the global Automotive Connector market.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”
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