Automotive Connector Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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?