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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Automotive Connectors Market Outlook
The global automotive connectors market size is expected to increase at a CAGR of around 4.56% between 2023 and 2032.
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With countries like China, Taiwan, and Japan, the Asia Pacific dominates the global market. Such countries are the leading producers of electronic components for both passenger cars and commercial vehicles. The region is an export hub for different types of automotive parts due to the availability of low-cost labour, enhanced manufacturing facilities, as well as a good supply of raw materials.
Europe is also one of the largest markets, powered by the growing inclusion of Advanced Driver Assistant Systems (ADAS) in commercial vehicles. The European Union made it mandatory for heavy commercial vehicles to have ADAS features, including a lane departure warning signal as well as an autonomous break. North America is another major vehicle electrification centre, which is increasing the global demand.
Properties and Applications
Automobile connectors are electrochemical components used to connect several electrical circuits. They connect electrical terminals to form a complete circuit and ensure efficient communication and navigation between electronics and automotive safety devices. They consist of jacks or sockets (female-ended) and plugs (male-ended), which are mounted under the hood of the vehicle. Advanced safety and security features like anti-theft alarms, adaptive cruise control, keyless entry as well as auto emergency braking systems are built into electrical components using these connectors.
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Based on the connection type, the automotive connectors market can be divided into:
- Wire to Wire Connection
- Wire to Board Connection
- Board to Board Connection
The connector type can be segmented into the following:
- PCB Connectors
- IC Connectors
- RF Connectors
- Fibre Optic Connectors
- Others
Based on system type, the automotive connectors market can be divided into:
- Sealed Connector System
- Unsealed Connector System
The vehicle type can be categorised as:
- Passenger Cars
- Commercial Vehicles
- Electric Vehicles
The major vehicles included in the commercial vehicles segment are light commercial vehicles and heavy commercial vehicles.
It finds wide application in the following industries:
- Body Control and Interiors
- Safety and Security System
- Engine Control and Cooling System
- Fuel and Emission Control
- Infotainment
- Navigation and Instrumentation
- Others
The regional automotive connectors markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The growing incorporation of advanced automotive safety features and the rising demand for electric vehicles (EVs) are the key factors driving the growth of the global automotive connectors market. Also, the increasing complexity of automotive sensors and infotainment systems has increased the global market for automotive wiring harnesses and connectors. Automotive manufacturers are replacing copper cables with plastic optical fibre (POF) to enhance data transmission and design efficiency and reduce the total vehicle weight. The effective operation of POF needs the use of automotive connectors. Besides, specialised automotive solutions use memory and data storage connections to support Wi-Fi networks in automated vehicles. This, along with the rising acceptance of hybrid vehicles, is further contributing to the growth of the industry. In addition, numerous technological developments, like adaptive front lighting, stability control, park assistance, and departure alert systems, as well as the integration of machine learning in self-driving cars, are expected to push the automotive connectors market growth further in the coming years.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global automotive connectors market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- TE Connectivity
- Yazaki Corporation
- Molex Incorporated
- Sumitomo Electric Industries Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Connection Type |
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| Breakup by Connector Type |
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| Breakup by System Type |
|
| Breakup by Vehicle Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In the forecast period of 2024-2032, the global automotive connectors market is projected to grow at a CAGR of almost 4.56%.
The major market drivers are the increasing incorporation of advanced automotive safety features in vehicles, the growing complexity of automotive sensors and infotainment systems, and the growing electrification of automobiles.
The shift towards hybrid vehicles, technological advancements and innovations, and growing inclusion of Advanced Driver Assistant Systems (ADAS) in commercial vehicles are the key trends fuelling the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading connection types in the market are wire to wire connection, wire to board connection, and board to board connection.
The significant connector types in the market include PCB connectors, IC connectors, RF connectors, and fibre optic connectors, among others.
Sealed connector system and unsealed connector system are the dominant system types in the market.
The leading vehicle types are passenger cars, commercial vehicles, and electric vehicles.
The various applications of automotive connectors are body control and interiors, safety and security system, engine control and cooling system, fuel and emission control, infotainment, and navigation and instrumentation, among others.
The leading players in the market are TE Connectivity, Yazaki Corporation, Molex Incorporated, and Sumitomo Electric Industries Ltd., among others.
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