[ad_1]
SHERIDAN, WY, UNITED STATES, August 2, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Automotive Connectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 12.1 Billion in 2021. Automotive connectors refer to electromechanical components used for completing internal and external circuits in an automobile to ensure the continuous supply of electricity. Integrated circuits (IC), printed circuit boards (PCB), radio frequency (RF), and fiber optic connectors are some commonly used automotive connectors. They are widely used in internal wiring harnesses, safety and security, cooling, engine controls, power distribution, navigation, and infotainment systems. Automotive connectors ensure the safety, reliability, and connectivity of all critical components in automobiles and circuits during harsh conditions, such as high temperatures, vibrations, dust, and moisture.
Request for a PDF sample of this report: https://www.imarcgroup.com/automotive-connectors-market/requestsample
Automotive Connector Market Trends:
The global market is primarily being driven by significant growth in the electric vehicle (EV) industry. Automotive connectors are widely used in electronic components, batteries, sensors, cables, and electric powertrain systems to improve power deliverability and reliability. Furthermore, the rising demand for advanced safety features in automobiles, such as anti-theft locking, automatic braking, parking sensors, and adaptive cruise control, is acting as another growth-inducing factor. Additionally, the introduction of mechatronic connectors that offer a unified, multifunctional connector solution in a single package by integrating multiple contact geometries is providing an impetus to market growth. Other factors, including increasing demand for plastic optical fibers (POF) over copper cables to improve data transmission and design flexibility and the implementation of strict vehicle safety policies by governments, are anticipated to drive the market toward growth. Looking forward, IMARC Group expects the market to reach US$ 16.7 Billion by 2027, exhibiting at a CAGR of 5.94% during 2022-2027.
Checkout Now: https://www.imarcgroup.com/checkout?id=2073&method=1
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Automotive Connector Market Can Be Segmented as:
Competitive Landscape with Key Players:
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
Breakup by Connection Type:
Wire to Wire Connection
Wire to Board Connection
Board to Board Connection
Breakup by Connector Type:
PCB Connectors
IC Connectors
RF Connectors
Fiber Optic Connectors
Others
Breakup by System Type:
Sealed Connector System
Unsealed Connector System
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Breakup by Application:
Body Control and Interiors
Safety and Security System
Engine Control and Cooling System
Fuel and Emission Control
Infotainment
Navigation & Instrumentation
Others
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1626&flag=C
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
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.
Other Report:
Textile Recycling Market: https://www.imarcgroup.com/textile-recycling-market
India Freight Transportation Management Market: https://www.imarcgroup.com/india-freight-transportation-management-market
Water Pipeline Leak Detection System Market: https://www.imarcgroup.com/water-pipeline-leak-detection-system-market
Australia Online Gambling Market: https://www.imarcgroup.com/australia-online-gambling-market
Cakes and Pastries Market: https://www.imarcgroup.com/cakes-pastries-market
India Automotive Connectors Market: https://www.imarcgroup.com/india-automotive-connectors-market
Radiation-hardened Electronics Market: https://www.imarcgroup.com/radiation-hardened-electronics-market
Trade Finance Market: https://www.imarcgroup.com/trade-finance-market
Urea Market: https://www.imarcgroup.com/urea-market
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.
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.
Elena Anderson
IMARC Services Private Limited
+ 16317911145
email us here
[ad_2]
Source link
The content is by EIN Presswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.
