Automotive Connector Market

Automotive Connector Market by Application (Powertrain, Comfort, Convenience and Entertainment, Safety and Security, Body Wiring and Power Distribution, and Navigation and Instrumentation), Vehicle Type (Passenger Car and Commercial Vehicle) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: AL-868
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 59
  • No. Of Pages: 160
  • Format:
  • Pub. Date: Upcoming
  • Share:

The automotive connector market Connector Market USD 20.2 billion in 2020 and is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing demand for convenience, connectivity, and safety features in commercial vehicles as well as passenger cars. Advancements in technology have resulted in many features that provide better safety and enhance driving experience.

Global Automotive Connector Market Key Takeaways

An electrical connector refers to a device that connects electrical terminations to form a circuit. Electrical connectors comprise of jacks (female-ended) and plugs (male-ended). Automotive connectors form connection in a vehicle similar to connection of blood vessels in a human body.

Automotive connectors comprises of two categories: un-sealed and sealed. Majority of un-sealed connectors are used inside vehicles and sealed connectors are used in engine compartments. Wire to wire connection links two terminal wires to form a circuit. In wire to board connectors, the electrical connections through wire terminals are inserted into the printed circuit boards (PCB) and a circuit is made. A board-to-board connector is used to connect other electric components with PCBs and each terminal of a board-to-board connector is connected to a PCB.

The COVID-19 pandemic had an unpleasant impact on the automotive connector market. The automotive production has been on halt and the demand and supply ware affected. The market suffered significant loss; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • The rise in safety-related initiatives from government agencies along with safety concerns among consumers has uplifted the demand for a dependable connector in various vehicle systems. For instance, safety systems such as airbags, seatbelts, and brakes used in vehicles require a connection system comprising a retainer and safety restraint system connector. This has a direct influence in driving the growth of the market.
  • Rising vehicle electrification among different vehicle segments is propelling the demand for connectors.
  • The increasing usage of electronics in other applications, such as advanced and convenient systems, like infotainment and automatic transmissions, which is driving the need for connectors in these systems, thereby, fuelling the market growth of automotive connector.
  • Major applications of automotive connector in the powertrain systems along with safety and infotainment systems are projected to propel the market expansion during the forecast period.
  • Durability and reliability concerns are some functional challenges that are estimated to impede the growth of the market.
  • R&D investment and technological advancement in automotive connector market are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the automotive connector market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automotive Connector Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Application (Powertrain, Comfort, Convenience and Entertainment, Safety and Security, Body Wiring and Power Distribution, and Navigation and Instrumentation) Vehicle Type (Passenger Car and Commercial Vehicle)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

TE Connectivity Ltd, J.S.T. Mfg. Co. Ltd, Aptiv PLC, Amphenol Corporation and Sumitomo Wiring System


Market Segment insights

The safety and security segment is projected to constitute a large market share
Based on application, the automotive connector market is segregated into powertrain, comfort, convenience and entertainment, safety and security, body wiring and power distribution, and navigation and instrumentation. The safety and security segment is expected to account for a key share of the market during the forecast period owing to numerous new safety features in vehicles, such as adaptive front lighting, lane departure warning, adaptive cruise control and park assistance initiated through technological advancements.

These functions require a vast number of electronic components, sensors, and ECUs. Several types of connectors are used to establish reliable connectivity between these components. Furthermore, the establishment of machine learning and V2V communication has enhanced vehicle safety. However, navigation and instrumentation segment is anticipated to expand at a rapid pace during the forecast period.

Implementation of advanced software such as Android Auto and Apple Carplay and increasing accuracy of GPS-enabled devices has stimulated the use of navigational applications in both commercial and passenger vehicles.

Global Automotive Connector Market Applications

Passenger car segment is expected to register a substantial CAGR
Based on vehicle type, the automotive connector market is divided into passenger car and commercial vehicle. The passenger car segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to increasing sales of cars in developing countries. However, commercial vehicle segment is expected to grow at a robust pace in coming years due to increased stringency in safety regulations for commercial vehicles.

Global Automotive Connector Market Vehicle Type

Europe is expected to dominate the market
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is anticipated to expand at a robust CAGR during the forecast period. Increasing inclusion of advanced driver assistant systems (ADAS) in commercial vehicles is anticipated to boost the market growth over the coming years. Furthermore, the European Union has made the inclusion of ADAS features such as autonomous breaking and lane departure warning signal mandatory in heavy commercial vehicle.

Segments

Segments Covered in the Report
The automotive connector market has been segmented on the basis of:-

Application
  • Powertrain
  • Comfort
  • Convenience and Entertainment
  • Safety and Security
  • Body Wiring and Power Distribution
  • Navigation and Instrumentation
Vehicle Type
  • Passenger Car
  • Commercial Vehicle
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Companies

Competitive Landscape

Key players competing in the automotive connector market include TE Connectivity Ltd, J.S.T. Mfg. Co. Ltd, Aptiv PLC, Amphenol Corporation and Sumitomo Wiring System.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instances,

Aptiv PLC provides numerous safety restraint system connector solutions for airbags.

Global Automotive Connector Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Connector Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Connector Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Connector Market - Supply Chain
  4.5. Global Automotive Connector Market Forecast
     4.5.1. Automotive Connector Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Connector Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Connector Market Absolute $ Opportunity
5. Global Automotive Connector Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Automotive Connector Market Size and Volume Forecast by Applications
     5.3.1. Powertrain
     5.3.2. Comfort
     5.3.3. Convenience and Entertainment
     5.3.4. Safety and Security
     5.3.5. Body Wiring and Power Distribution
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automotive Connector Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automotive Connector Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automotive Connector Demand Share Forecast, 2019-2026
7. North America Automotive Connector Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automotive Connector Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automotive Connector Market Size and Volume Forecast by Applications
     7.4.1. Powertrain
     7.4.2. Comfort
     7.4.3. Convenience and Entertainment
     7.4.4. Safety and Security
     7.4.5. Body Wiring and Power Distribution
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automotive Connector Demand Share Forecast, 2019-2026
8. Latin America Automotive Connector Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automotive Connector Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automotive Connector Market Size and Volume Forecast by Applications
     8.4.1. Powertrain
     8.4.2. Comfort
     8.4.3. Convenience and Entertainment
     8.4.4. Safety and Security
     8.4.5. Body Wiring and Power Distribution
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automotive Connector Demand Share Forecast, 2019-2026
9. Europe Automotive Connector Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automotive Connector Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automotive Connector Market Size and Volume Forecast by Applications
     9.4.1. Powertrain
     9.4.2. Comfort
     9.4.3. Convenience and Entertainment
     9.4.4. Safety and Security
     9.4.5. Body Wiring and Power Distribution
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automotive Connector Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Connector Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automotive Connector Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automotive Connector Market Size and Volume Forecast by Applications
     10.4.1. Powertrain
     10.4.2. Comfort
     10.4.3. Convenience and Entertainment
     10.4.4. Safety and Security
     10.4.5. Body Wiring and Power Distribution
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automotive Connector Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Connector Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automotive Connector Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automotive Connector Market Size and Volume Forecast by Applications
     11.4.1. Powertrain
     11.4.2. Comfort
     11.4.3. Convenience and Entertainment
     11.4.4. Safety and Security
     11.4.5. Body Wiring and Power Distribution
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automotive Connector Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Connector Market: Market Share Analysis
  12.2. Automotive Connector Distributors and Customers
  12.3. Automotive Connector Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. TE Connectivity Ltd
     12.4.2. J.S.T. Mfg. Co. Ltd
     12.4.3. Aptiv PLC
     12.4.4. Amphenol Corporation
     12.4.5. Sumitomo Wiring System
Segments Covered in the Report
The automotive connector market has been segmented on the basis of:-

Application
  • Powertrain
  • Comfort
  • Convenience and Entertainment
  • Safety and Security
  • Body Wiring and Power Distribution
  • Navigation and Instrumentation
Vehicle Type
  • Passenger Car
  • Commercial Vehicle
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Companies

Key players competing in the automotive connector market include TE Connectivity Ltd, J.S.T. Mfg. Co. Ltd, Aptiv PLC, Amphenol Corporation and Sumitomo Wiring System.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instances,

Aptiv PLC provides numerous safety restraint system connector solutions for airbags.

Global Automotive Connector Market Key Players

Buy Report