Automotive Connectors Market worth 6.28 Billion USD by 2021

Automotive Connectors Market - Global Forecast to 2021 The report analyzes and forecasts (2016 to 2021) the market size, in terms of volume (million units) and value (USD million), of the automotive connectors market. The report further segments the automotive connectors market and forecasts its size, by volume and value, on the basis of region (Asia-Pacific, Europe, North America, and Rest of the World (RoW). PDF

Safety and security application to hold the largest share in the automotive connectors market, by application The safety and security application is estimated to account for the largest share in the automotive connectors market, by value. Connectors used in these advanced safety systems may include connectors used in anti-skid braking system (ABS), airbags, vehicle immobilizers and others. Due to the increase in vehicle thefts, there is a huge opportunity for the growth of safety systems used in the automotive industry, leading to an increase in the number of connectors used in safety applications for a vehicle.

Sealed Connector System is expected to grow due to increasing number of heavy duty applications Sealed connector system is estimated to hold the largest share, in terms of value, for the automotive connectors market, by connector system. Though the number of unsealed connectors is higher as compared to sealed connectors, sealed connectors tend to be costlier than their counterpart. Besides, sealed connector system is ideal for harsh environment and heavy duty applications. The rise in number of off-roading applications and commercial vehicles shall lead to the growth of the sealed connector system market.

Asia-Pacific: Largest market for the automotive connectors market Asia-Pacific was estimated to account for the largest share, in terms of value, of the automotive connectors market in The demand for automotive connectors in this region is triggered by the increasing vehicle production in developing nations such as China, and increasing number of electric vehicles in countries such as Japan and others. The region is also the leading producer of automobiles in the world. The report analyzes all major players in the automotive connectors market, including TE Connectivity (Switzerland), Delphi Automotive (U.K.), Yazaki Corporation (Japan), and Sumitomo Electric (Japan).

Browse >> 81 market data tables 55 figures 141 pages and in-depth TOC on “Automotive Connectors Market - Global Forecast to 2021” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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