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SHERIDAN, WY, USA, Aug. 2, 2022 / — According to IMARC Group’s latest report, titled “Automotive Connectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022 -2027”, the global market reached a value of US$12.1 billion in 2021. Automotive connectors refer to the electromechanical components used to complete the internal and external circuitry of an automobile to ensure supply continuous electricity. Integrated circuits (IC), printed circuit boards (PCB), radio frequency (RF) and fiber optic connectors are commonly used automotive connectors. They are widely used in internal wiring harnesses, safety and security, cooling, engine controls, power distribution, navigation and infotainment systems. Automotive connectors ensure the safety, reliability and connectivity of all critical automotive components and circuitry under harsh conditions, such as high temperatures, vibration, dust and humidity.

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Automotive Connectors Market Trends:

The global market is mainly driven by the significant growth of the electric vehicle (EV) industry. Automotive connectors are widely used in electronic components, batteries, sensors, cables, and electric powertrain systems to improve power deliverability and reliability. Additionally, the growing demand for advanced security features in automobiles such as anti-theft locking, automatic braking, parking sensors and adaptive cruise control is acting as another growth driver. Additionally, the introduction of mechatronic connectors that offer a unified and multi-functional connector solution in a single package by integrating multiple contact geometries is giving impetus to the growth of the market. Other factors, including the growing demand for plastic optical fibers (POF) over copper cables to improve data transmission and design flexibility and the implementation of strict vehicle safety policies by governments, are expected to drive the market to growth. Looking ahead, IMARC Group expects the market to reach US$16.7 billion by 2027 growing at a CAGR of 5.94% during the period 2022-2027.

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

The global automotive connector market can be segmented as follows:

Competitive landscape with key players:

TE connectivity
Formerly Delphi Automotive PLC
Yazaki Corporation
Molex Incorporated
Sumitomo Electric Industries Ltd.
Amphenol Corporation
Japan Aviation Electronics
Luxshare Precision
JST manufacturing
Hirose Electric Co.Ltd.
Korea Electric Terminal Co.Ltd.
AVX Corporation
Kyocera Company
Hu Lane Associate Inc
Lumberg Holding

Breakdown by type of connection:

Wire-to-wire connection
Wire-to-board connection
Board-to-board connection

Breakdown by type of connector:

PCB connectors
IC connectors
RF connectors
Fiber optic connectors

Breakdown by type of system:

Sealed connector system
Unsealed connector system

Breakdown by type of vehicle:

Particular Cars
Commercial vehicles
Light commercial vehicles
Heavy duty vehicles
Electric vehicles

Breakdown by application:

Body and interior inspection
Safety and security system
Engine control and cooling system
Fuel and emissions control
Navigation and instrumentation

Breakdown by region:

Asia Pacific
North America
Middle East and Africa
Latin America

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Main highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market trends
Market drivers and success factors
Impact of COVID-19
Value chain analysis
Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Elena Anderson
IMARC Services Private Limited
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