Automotive Connectors Market Witness Significant Growth in the Upcoming years

-
Automotive Connectors Market by Connection Type (Wire to Wire, Wire to Board, Board to Board), Application (Body Control & Interiors, Engine Control & Cooling System), System Type (Sealed, Unsealed), Vehicle Type, and Region – Global Forecast to 2021
The automotive connectors market, in terms of value, is projected to grow at a CAGR of 7.46% from 2016 to 2021. The market was estimated to be USD 4.38 Billion in 2016, and is projected to reach USD 6.28 Billion by 2021. In this study, 2015 has been considered the base year, and 2016 to 2021 the forecast period, for estimating the market size of the market.

Key Players

The ecosystem of the automotive connectors market consists of manufacturers such as TE Connectivity (Switzerland), Delphi Automotive (U.K.), and Sumitomo Electric (Japan), research institutes such as the Automotive Component Manufacturers Association of India (ACMA), Automotive Research Association of India (ARAI), European Automotive Research Partners Association (EARPA), and the United States Council for Automotive Research (USCAR), and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and the European Automobile Manufacturers Association (ACEA).
To know about the assumptions considered for the study, download the pdf brochure

Target Audience

  • Connectors Manufacturers
  • Automobile Original Equipment Manufacturers (OEMs)
  • Automobile Organizations/Associations
  • Connectors Suppliers
  • Research Institutes
  • Raw Material Suppliers for Connectors
  • Traders and Distributors of Connectors
  • Automotive Wires and Cables Manufacturers

Safety and security application to hold the largest share in the automotive connectors market, by application

The safety and security application is estimated to account for the largest share in the automotive connectors market, by value. Connectors used in these advanced safety systems may include connectors used in anti-skid braking system (ABS), airbags, vehicle immobilizers and others. Due to the increase in vehicle thefts, there is a huge opportunity for the growth of safety systems used in the automotive industry, leading to an increase in the number of connectors used in safety applications for a vehicle.

Sealed Connector System is expected to grow due to increasing number of heavy duty applications

Sealed connector system is estimated to hold the largest share, in terms of value, for the automotive connectors market, by connector system. Though the number of unsealed connectors is higher as compared to sealed connectors, sealed connectors tend to be costlier than their counterpart. Besides, sealed connector system is ideal for harsh environment and heavy duty applications. The rise in number of off-roading applications and commercial vehicles shall lead to the growth of the sealed connector system market.

Asia-Pacific: Largest market for the automotive connectors market

Asia-Pacific was estimated to account for the largest share, in terms of value, of the automotive connectors market in 2016. The demand for automotive connectors in this region is triggered by the increasing vehicle production in developing nations such as China, and increasing number of electric vehicles in countries such as Japan and others. The region is also the leading producer of automobiles in the world.
The report analyzes all major players in the automotive connectors market, including TE Connectivity (Switzerland), Delphi Automotive (U.K.), Yazaki Corporation (Japan), and Sumitomo Electric (Japan)
Location: United States

Comments

Post a Comment

Popular posts from this blog

Smart Parking Market by System, Technology, Component, Parking Management by Solution, and Vertical - Global Forecast to 2021

-
Image
The  smart parking market  is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 billion by 2021 from USD 2.13 billion in 2015. The market for park assist system is driven by factors such as increased consumer preference towards comfort and luxury, and increased competition between OEMs to offer such driver assistance features. Additionally, government policies supporting smart parking systems is also a major demand driver for passenger car smart parking market. The U.S. National Highway Traffic Safety Administration (NHTSA) ruled that all new passenger cars shall be equipped with rear view cameras from 2018 onwards and also the Indian Ministry of Road Transport and Highway (MoRTH) is expected to make rear view sensors mandatory for all passenger vehicles in India. The base year considered for the study is 2015, and the forecast period is 2016 to 2021. The following are the major objectives of the study. To describe and forecast t
Read more

Automotive Fuel Injection Pump Market Key Manufacturers and Application with Share

-
Image
The  Automotive Fuel Injection Pump Market  is estimated to be USD 19.25 Billion in 2016 and is projected to grow at a CAGR of 7.8% from 2017 to reach USD 38.20 Billion by 2025. The research methodology used in the report involves various secondary sources such as Automotive Component manufacturers Association (ACMA), Asociacion Mexicana de la Industria Automotriz (AMIA – Mexican Association of the Automotive Industry), China Association of Automobile Manufacturers (CAAM), Environmental Protection Agency (EPA), International Organization of Motor Vehicle Manufacturers (OICA), National Highway Traffic Safety Administration (NHTSA), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Experts from related industries and automotive fuel injection pump vendors have been interviewed to understand the future trends of the market. The market siz
Read more

Global Catalytic Converter Market Share, Market Future outlook 2021

-
Image
The  catalytic converter market  is driven by factors such as stringent emission and fuel efficiency regulations around the globe as well as rising vehicle production, sales, and parc. The catalytic converter market was estimated to be USD 37.45 Billion in 2016, and is projected to grow at a CAGR of 8.05% during the forecast period. The base year considered for the study is 2015, and the forecast period is 2016 to 2021. Objectives of the Study: To analyze and forecast (2014–2021) the market size, in terms of volume (‘000 units) and value (USD million), of the automotive catalytic converter market To define, describe, and project the automotive catalytic converter market by catalytic converter type (Three-way catalysts, Selective Catalytic Reduction (SCR), Diesel Oxidation Catalyst (DOC), and Lean NOx Trap (LNT)) To define, describe, and project the automotive catalytic converter market by material type (platinum, palladium, rhodium, and others) To define, describe, and project
Read more