Automotive connectors are of two types such as sealed and unsealed connectors. The sealed connectors are used in engine compartment and unsealed connectors are used under the vehicle body. Rising demand for automotive safety are driving needs for sophisticated automotive sensors during the forecast period.
The maximum electrical connections in a car are made of copper cables. Nowadays, major manufacturers are replacing copper cables with plastic optical fiber (POF) for increase data transmission, design flexibility and reduce vehicle weight. Plastic optical fiber needs sophisticated automotive connectors. Rising demand for plastic optical fiber in the automotive industry is driving the demand for automotive connectors.
Key players major strategy lies in focusing on cutting edge technologies which are specialized but comprehensive. Moreover, leading players in the Automotive Connectors market are also channelizing their efforts toward mergers and acquisitions as a crucial part of the company’s growth & expansion strategy.
Automotive Connectors Market- Safety and Security Features
Safety and security features such as cruise control, keyless entry, lane departure warning, anti-theft alarm system, and auto emergency braking useful in avoiding fatal accidents as well as provide higher levels of security. Such advanced features are integrated within a vehicle using a considerable number of electronic components. Connectors play a significant role in offering proper power distribution to electronic components. These factors are increasing the demand for automotive connectors market during the forecast period.
Increasing in adoption of electric vehicles with a target to control vehicle emissions has led to increase in usage of electronic components in vehicle. The automotive industry is undergoing a transition phase due to increased adoption of autonomous cars and vehicle to vehicle communication.
The rising demand for vehicular communication is expected to drive the automotive connectors market growth. In automotive industry, electronics usage has grown steadily over the last few years, due to the introduction of advanced features such as driverless features, voice commands, etc. As the industry is moving towards hybrid and electric vehicles the opportunity for automotive connectors is also increasing globally.
The development of combined connector technology is significant trends which expected to gain traction in the automotive connectors market. Combined connector technology increases wire retention, PCB attachment capabilities, offer robust resistance to shock, high temperatures, thermal expansion, and vibration over long period of time. Combined connectors are more reliable than conventional cable for connecting two PCBs, that are near but not in the same orientation or alignment location.
Also, the development of combined automotive connectors technology is estimated to meet the increasing demand for efficient and reliable connectors for automotive applications in harsh environments.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global automotive connectors market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with automotive connectors market attractiveness as per segments.
The report on automotive connectors market also maps the qualitative impact of various factors on automotive connectors market segments and geographies.
By product type, the automotive connectors market is segmented into
By accessories, the automotive connectors market is segmented into
By connectivity, the automotive connectors market is segmented into
By application, the automotive connectors market is segmented into
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Automotive Connectors Market
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