Global Automotive Connector Market 2021 is expected to register a CAGR of 7.3%, during forecast period with Impact of Covid 19 Analysis

Automotive

Global “Automotive Connector Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Automotive Connector in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Automotive Connector Market report categorizes the market based on manufacturers, regions, type, and application. Automotive Connector Market reports offer a detailed assessment of the Automotive Connector including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Automotive Connector market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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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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The global Automotive Connector market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Automotive Connector Market Report covers the Top Key-players in 2021:-

  • Alpes Connectique Services
  • Amphenol Corporation
  • BizLink Holding Inc
  • Aptiv PLC
  • Harting Technology Group
  • Hirose Electric Co.
  • Ltd.
  • Hu Lane Associates Inc.
  • IRISO ELECTRONICS CO.
  • LTD.
  • JST
  • ODU GmbH & Co.KG
  • Samtec
  • TE Connectivity Ltd.
  • Yazaki Corporation

Highlighted points of Automotive Connector Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Automotive Connector Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Automotive Connector? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Automotive Connector Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Automotive Connector Market? What Was Capacity, Production Value, Cost and PROFIT of Automotive Connector Market?
  • What Is Current Market Status of Automotive Connector Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automotive Connector Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Automotive Connector Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Automotive Connector Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Automotive Connector Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Automotive Connector Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Automotive Connector Industry?

Key Developments in the Automotive Connector Market: of the Market:

  • August 2017: TE Connectivity Ltd., completed the acquisition of Hirschmann Car Communication (HCC), specialist in antenna technologies primarily for vehicle communications and connectivity, based in Germany and has operates in Europe, North America and China.
  • July 2017: JST new AIT and AIT II Series automotive connectors offered 30% space saving compared to standard USCAR footprint connectors, now available in stock in Europe in TTI Inc., world’s leading distributor of electronics components.

    Reasons to Purchase the Report:

  • Latest technology trends adopted by the manufacturers in the automotive connector market
  • Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis
  • Study on the applications and vehicle type that are expected to dominate the market
  • Study on the regions and countries that are expected to witness the fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate Sheet (in Excel)

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    Finally, the report Global Automotive Connector Market 2021 describes the Automotive Connector industry expansion game plan, the Automotive Connector industry knowledge supply, appendix, analysis findings, and the conclusion.

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