Global Automotive Connector Market Report Size, Trends & Growth Opportunity, By Connection Type (Wire to Wire Connector , Wire to Board Connector , Board to Board Connector) , By Application Type (Powertrain, Safety & Security, Power Distribution & Body Wiring, CCE, Others ), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa ) And Forecast Till 2027.
Global Automotive Connector Market
The Global Automotive Connector Market was worth USD 20.75 Billion in 2021 and is estimated to be USD 31.25 Billion growing at a CAGR of 5.63 % from 2022 to 2027.
Automotive connectors are electrochemical devices that connect various electrical circuits. They connect electric terminals to form a complete circuit and ensure that the vehicle's electronics and safety devices communicate and navigate properly. They consist of female-ended jacks or sockets and male-ended plugs that are installed beneath the car's hood. These connectors are used to connect advanced safety and security features to electrical components, such as anti-theft alarms, adaptive cruise control, keyless entry, and auto emergency braking systems.
Market Drivers
The rise in safety-related initiatives from government agencies, as well as consumer safety concerns, has increased demand for a dependable connector in various vehicle systems. For example, vehicle safety systems such as airbags, seatbelts, and brakes require a connection system that includes a retainer and a safety restraint system connector. This has a direct impact on the market's growth. Rising vehicle electrification across all vehicle segments is driving up demand for connectors. The demand for connectors in these systems is driving the market expansion for automotive connectors due to the expanding use of electronics in various applications, such as cutting-edge and practical systems like infotainment and automated transmissions.
Market Restraints
One of the primary concerns for market manufacturers is meeting dependability and durability standards. Heavy electronic components are used in today's vehicles to control critical systems such as airbags and GPS navigation. The connector solutions can handle both low and high-frequency solutions. As a result, electronic components used in critical systems must be reliable and long-lasting, as a system failure can be fatal.
Market Segmentation
The Global Automotive Connector Market is segmented into Connection Type (Commercial airport, Wire to Wire Connector , Wire to Board Connector , Board to Board Connector), Application Type (Powertrain, Safety & Security, Power Distribution & Body Wiring, CCE, Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
Due to high automobile production in countries such as China and India, as well as a rapid increase in the volume and production of electric vehicles in Japan and South Korea, Asia Pacific is expected to have the largest automotive connectors market share. Acquisitions of market leaders in electric components, advanced systems for passenger cars and commercial vehicles, and low-cost labour are expected to boost the market in this region. Due to an increased preference for advanced driver assistance systems (ADAS) in both passenger cars and commercial vehicles, Europe is expected to hold the second-largest market share.
Key Players
The Key Players in the Global Automotive Connector Market are Amphenol, Delphi Automotive, Sumitomo Electric, TE Connectivity, Hirose Electric Co. Ltd, Molex, China Auto Electronics Group Limited, Japan Aviation Electronics Industry, Ltd, Yazaki Corporation and ERNI International AG.
Market Taxonomy
Connection Type
• Wire to Wire Connector
• Wire to Board Connector
• Board to Board Connector
Application Type
• Powertrain
• Safety & Security
• Power Distribution & Body Wiring
• CCE
• Others
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
Global Automotive Connector Market
1 Introduction
1.1 Objective the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Automotive Connector Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Automotive Connector Market, By Connection Type
5.1 Y-o-Y Growth Comparison, By Connection Type
5.3 Global Automotive Connector Market Share Analysis, By Connection Type
5.3 Global Automotive Connector Market Size and Forecast, By Connection Type
5.3.1. Wire to Wire Connector
5.3.2. Wire to Board Connector
5.3.3. Board to Board Connector
6 Global Automotive Connector Market, By Application Type
6.1 Y-o-Y Growth Comparison, By Application Type
6.2 Automotive Connector Market Share Analysis, By Application Type
6.3 Automotive Connector Market Size and Forecast, By Application Type
6.3.1 Powertrain
6.3.2 Safety & Security
6.3.3 Power Distribution & Body Wiring
6.3.4 CCE
6.3.5 Others
7 Global Automotive Connector Market, By Region
7.1 Global Automotive Connector Market Share Analysis, By Region
7.2 Global Automotive Connector Market Size and Forecast, By Region
8 North America Automotive Connector Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Automotive Connector Market Size and Forecast, By Connection Type
8.3 North America Automotive Connector Market Size and Forecast, By Application Type
8.4 North America Automotive Connector Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Automotive Connector Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Automotive Connector Market Share Analysis, By Connection Type
9.3 Europe Automotive Connector Market Size and Forecast, By Application Type
9.4 Europe Automotive Connector Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Automotive Connector Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Automotive Connector Market Share Analysis, By Connection Type
10.3 Asia Pacific Automotive Connector Market Size and Forecast, By Application Type
10.4 Asia Pacific Automotive Connector Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Automotive Connector Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Automotive Connector Market Share Analysis, By Connection Type
11.3 Latin America Automotive Connector Market Size and Forecast, By Application Type
11.4 Latin America Automotive Connector Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Automotive Connector Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Automotive Connector Market Share Analysis, By Connection Type
12.3 Middle East Automotive Connector Market Size and Forecast, Application Type
12.4 Middle East Automotive Connector Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Amphenol
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Delphi Automotive
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Sumitomo Electric
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 TE Connectivity
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Hirose Electric Co. Ltd
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Molex
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 China Auto Electronics Group Limited
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Japan Aviation Electronics Industry, Ltd
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Yazaki Corporation
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 ERNI International AG
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies