Global Automotive Transportation Connector Market Size, Share and Trends Analysis Report, By Type (Wire to Board Connector, Board to Board Connector, and Wire to Wire Connector), By Application (Safety and Security, Body Wiring & Power Distribution, CCE, Powertrain, and Others), Forecast Period (2022-2028)
The global automotive transportation connector market is anticipated to grow at a 4.6 % CAGR during the forecast period (2022-2028). The market is largely driven by the growth of electronic content in automobiles such as infotainment and security systems and rising revenue in developing and developed countries. Vehicles are equipped with heavy electronic components to control sensitive systems including airbags, and GPS navigation. With rapidly growing technology, the use of electronic components in cars is also increasing. The growing demand for car safety requires high-end car sensors that are expected to increase the need for transportation connectors. Additionally, the rising demand for better and more efficient international transport has enabled car manufacturers to develop and introduce new and more efficient vehicles. It has enabled automotive parts manufacturers to develop more advanced and efficient components installed in vehicles. It is expected to boost the growth of the global automotive transportation connector market.
Additionally, the demand for electrical products in cars is expected to increase the demand for automotive connectors. Most electrical connections in cars are made of copper cables. Manufacturers are replacing the copper wires with new plastic optical fiber to improve data connection, improve cable flexibility, and reduce overall car weight. Therefore, the increasing adoption of plastic optical fiber cables in the automotive industry is likely to accelerate the growth of the global automotive transportation connectors market. In addition, the lack of development in automotive connections, such as reliability and durability of connectors, the lack of skilled workers are expected to hinder the market growth during the forecast period.
Some major players in the market include Amphenol Corp., Delphi Technologies, Sumitomo Corp., TE Connectivity, and Yazaki Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance,
- In June 2021, Amphenol announced it’s new offering EMI Wind-Lok, a recurring bayonet connector designed to deliver high power from the source to load. This hard-working EMI protection connector is used in a wide variety of markets, including wind turbines, coastal wind farms, electric generators, and automotive charging systems.
- In May 2021, Yazaki Corp. unveiled the EEDDS (Electric/Electronic Distribution and Display System) solution, which integrates EEDS and HMI to improve automotive infrastructure systems. Battery pack solutions, cockpit concepts, and high-end ultra-high-definition head-up displays are also on display.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Amphenol Corp., Delphi Technologies, Sumitomo Corp., TE Connectivity, and Yazaki Corp., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Automotive Transportation Connector Market Report by Segment
By Type
- Wire to Board Connector
- Board to Board Connector
- Wire to Wire Connector
By Application
- Safety and Security
- Body Wiring & Power Distribution
- CCE
- Powertrain
- Others
Global Automotive Transportation Connector Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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