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Automotive Connector Trends and Forecast
The future of the global automotive connector market looks promising with opportunities in the CCE, powertrain, safety & security, body wiring & power distribution, and navigation & instrumentation markets. The global automotive connector market is expected to reach an estimated $21.3 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are rising trend of vehicle electrification across diverse vehicle categories, growing demand for fuel-efficient vehicles across the globe, as well as, increasing desire for connectivity, convenience, and safety features in both passenger cars and commercial vehicles.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automotive Connector by Segment
The study includes a forecast for the global automotive connector by connectivity, vehicle type, application, and region.
Automotive Connector Market by Connectivity [Shipment Analysis by Value from 2018 to 2030]:
• Wire to Wire
• Wire to Board
• Others
Automotive Connector Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Car
• Commercial Vehicle
Automotive Connector Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• CCE
• Powertrain
• Safety & Security
• Body Wiring & Power Distribution
• Navigation & Instrumentation
Automotive Connector Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automotive Connector Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive connector companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive connector companies profiled in this report include-
• TE Connectivity
• YAZAKI
• Delphi Technologies
• JAE
• Sumitomo
Automotive Connector Market Insights
Lucintel forecasts that passenger car is expected to witness highest growth over the forecast period due to rising sales of cars in developing countries such as India and China.
APAC is expected to witness highest growth over the forecast period because the region serves as a prominent export center for a wide range of automotive components, as well as, it has access to cost-effective labor, advanced manufacturing facilities, and abundant raw materials.
Features of the Global Automotive Connector Market
Market Size Estimates: Automotive connector market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive connector market size by connectivity, vehicle type, application, and region in terms of value ($B).
Regional Analysis: Automotive connector market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different connectivity, vehicle type, application, and regions for the automotive connector market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive connector market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the automotive connector market size?
Answer: The global automotive connector market is expected to reach an estimated $21.3 billion by 2030.
Q.2 What is the growth forecast for automotive connector market?
Answer: The global automotive connectors market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the automotive connector market?
Answer: The major drivers for this market are rising trend of vehicle electrification across diverse vehicle categories, growing demand for fuel-efficient vehicles across the globe, as well as, increasing desire for connectivity, convenience, and safety features in both passenger cars and commercial vehicles.
Q4. What are the major segments for automotive connector market?
Answer: The future of the global automotive connector market looks promising with opportunities in the CCE, powertrain, safety & security, body wiring & power distribution, and navigation & instrumentation markets.
Q5. Who are the key Automotive Connector Market companies?
Answer: Some of the key automotive connector companies are as follows:
• TE Connectivity
• YAZAKI
• Delphi Technologies
• JAE
• Sumitomo
Q6. Which automotive connector market segment will be the largest in future?
Answer: Lucintel forecasts that passenger car is expected to witness highest growth over the forecast period due to rising sales of cars in developing countries such as India and China.
Q7. In automotive connector market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period because the region serves as a prominent export center for a wide range of automotive components, as well as, it has access to cost-effective labor, advanced manufacturing facilities, and abundant raw materials.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive connector market by connectivity (wire to wire, wire to board, and others), vehicle type (passenger car and commercial vehicle), application (CCE, powertrain, safety & security, body wiring & power distribution, and navigation & instrumentation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Automotive Connector Market, Automotive Connector Market Size, Automotive Connector Market Growth, Automotive Connector Market Analysis, Automotive Connector Market Report, Automotive Connector Market Share, Automotive Connector Market Trends, Automotive Connector Market Forecast, Automotive Connector Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Automotive Connector Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Automotive Connector Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Automotive Connector Market by Connectivity
3.3.1: Wire to Wire
3.3.2: Wire to Board
3.3.3: Others
3.4: Global Automotive Connector Market by Vehicle Type
3.4.1: Passenger Car
3.4.2: Commercial Vehicle
3.5: Global Automotive Connector Market by Application
3.5.1: CCE
3.5.2: Powertrain
3.5.3: Safety & Security
3.5.4: Body Wiring & Power Distribution
3.5.5: Navigation & Instrumentation
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Automotive Connector Market by Region
4.2: North American Automotive Connector Market
4.2.1: North American Automotive Connectors Market by Vehicle Type: Passenger Car and Commercial Vehicle
4.2.2: North American Automotive Connectors Market by Application: CCE, Powertrain, Safety & Security, Body Wiring & Power Distribution, and Navigation & Instrumentation
4.3: European Automotive Connector Market
4.3.1: European Automotive Connectors Market by Vehicle Type: Passenger Car and Commercial Vehicle
4.3.2: European Automotive Connectors Market by Application: CCE, Powertrain, Safety & Security, Body Wiring & Power Distribution, and Navigation & Instrumentation
4.4: APAC Automotive Connector Market
4.4.1: APAC Automotive Connectors Market by Vehicle Type: Passenger Car and Commercial Vehicle
4.4.2: APAC Automotive Connectors Market by Application: CCE, Powertrain, Safety & Security, Body Wiring & Power Distribution, and Navigation & Instrumentation
4.5: ROW Automotive Connector Market
4.5.1: ROW Automotive Connectors Market by Vehicle Type: Passenger Car and Commercial Vehicle
4.5.2: ROW Automotive Connectors Market by Application: CCE, Powertrain, Safety & Security, Body Wiring & Power Distribution, and Navigation & Instrumentation
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Connector Market by Connectivity
6.1.2: Growth Opportunities for the Global Automotive Connector Market by Vehicle Type
6.1.3: Growth Opportunities for the Global Automotive Connector Market by Application
6.1.4: Growth Opportunities for the Global Automotive Connectors Market by Region
6.2: Emerging Trends in the Global Automotive Connector Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Connector Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Connector Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: TE Connectivity
7.2: YAZAKI
7.3: Delphi Technologies
7.4: JAE
7.5: Sumitomo
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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