Press release
Automotive Connectors Market Global Forecast To 2023
Asia-Pacific is expected to dominate the global automotive connectors market due the boom in manufacturing of vehicles in developing nations such as India and china and the evolution of concept & increase in manufacturing of electric vehicles. In Europe region, the rise in strict government regulations for the safety of automotive and passengers and the increase in safety concerns amongst the consumers is contributing to the growth of the automotive connectors market in the Europe region.
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The global automotive connectors market is majorly driven by rise in the security needs in the automobile. Connectors are used in a majority of security systems in automobiles. With the increase in theft of automobiles, there is an increased need of security systems in the automotive, which further leads to the growth of the automotive connectors market. With the booming smart car industry, the use of connectors in the smart cars is increasing. This leads to the growth of the automotive connectors market. The increase in electrification in the vehicles is also expected to drive the demand of the automotive connectors market in the region.
The key players of Automotive connectors market are TE Connectivity (Switzerland), Delphi Automotive (U.K.), Yazaki Corporation (Japan), Sumitomo Electric (Japan), Japan Aviation Electronics Industry (Japan), Amphenol Corporation (U.S.), Hirose Electric Co., Ltd. (Japan), Hu Lane Associates Inc. (Taiwan), Korea Electric Terminal Co. Ltd. (South Korea), Kyocera Corporation (Japan) and others.
The report for Automotive Connectors Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Global Automotive Connectors Market Information Report by Connection Type (Wire to Wire, Wire to Board, Board to Board), by System Type (Sealed, Unsealed), by Application (Body Control & Interiors, Engine Control & Cooling System and others) and by Region - Global Forecast to 2022
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