Automotive Connector Market Size to Surpass US$ 17.7 Billion by 2028, exhibiting a CAGR of 6.34% | IMARC Group

How Big is the Automotive Connector Market?

The global automotive connectors market size reached US$ 12.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.34% during 2023-2028.

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What is Automotive Connector?

Automotive connectors serve as essential electrochemical components used to connect and establish electrical connections within a variety of automotive circuits. These connectors bring together electrical terminals to create a seamless circuit, facilitating efficient communication and interaction between the electronic systems and safety devices in vehicles. Typically, automotive connectors are engineered to endure extreme temperature conditions, exposure to dirt, and the rigors of regular use. Furthermore, they incorporate a range of advanced safety and security features, including anti-theft alarms, adaptive cruise control, keyless entry systems, and auto emergency braking systems, to ensure that vehicle components receive the correct power distribution.

What are the growth prospects and trends in the automotive connectors industry?

The increasing demand for connectivity and convenience in both passenger and commercial vehicles is the primary driving force behind the automotive connectors market. Furthermore, the rising awareness among consumers regarding environmentally friendly transportation and the growing popularity of features like adaptive front lighting, cruise control, park assistance, and departure warning systems are contributing to market growth. Additionally, the widespread adoption of advanced automotive solutions that utilize memory and data storage connectors to support Wi-Fi networks in autonomous vehicles is another significant factor driving market expansion. Moreover, leading manufacturers are replacing copper cables with plastic optical fiber (POF) to enhance data transmission and design flexibility, which is having a positive impact on the global market. Furthermore, the increasing use of machine learning (ML) in self-driving vehicles is expected to further boost the automotive connectors market in the coming years.

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Who are the key players operating in the industry?

The report covers the major market players including: 

  • TE Connectivity
  • Aptiv
  • Formerly Delphi Automotive PLC
  • Yazaki Corporation
  • Molex Incorporated
  • Sumitomo Electric Industries Ltd.
  • Amphenol Corporation
  • Japan Aviation Electronics
  • Luxshare Precision
  • JST Manufacturing
  • Hirose Electric Co. Ltd.
  • Korea Electric Terminal Co. Ltd.
  • AVX Corporation
  • Kyocera Corporation
  • Rosenberger
  • Hu Lane Associate Inc
  • Samtec
  • Lumberg Holding

What is included in market segmentation?

The report has segmented the market into the following categories:

Based On Connection Type:

  • Wire to Wire Connection
  • Wire to Board Connection
  • Board to Board Connection

Based On Connector Type:

  • PCB Connectors
  • IC Connectors
  • RF Connectors
  • Fiber Optic Connectors
  • Others

Based On System Type:

  • Sealed Connector System
  • Unsealed Connector System

Based On Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • Electric Vehicles

Based On Application:

  • Body Control and Interiors
  • Safety and Security System
  • Engine Control and Cooling System
  • Fuel and Emission Control
  • Infotainment
  • Navigation & Instrumentation
  • Others

Based On Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

Note:  If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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