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India Automotive Connectors Market Size to Reach US$ 953.1 Million During 2023-2028 | Industry CAGR of 6.3%

03-21-2023 06:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Automotive Connectors Market Size to Reach US$ 953.1

According to the latest report by IMARC Group, titled "India Automotive Connectors Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the India automotive connectors market size reached US$ 654.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 953.1 Million by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

Year considered to estimate the market size:

• Base year of the analysis: 2022
• Historical period: 2017-2022
• Forecast period: 2023-2028

Automotive connectors refer to the electrochemical elements that are primarily adopted for attaching various electrical circuits. These connectors aid in joining the head unit to volume controls, switches, power supply, special automobile components, etc. Automotive connectors are widely utilized for attaching speakers, remote control, external amplifiers, CD decks, satellite navigation systems, etc.

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/india-automotive-connectors-market/requestsample

India Automotive Connector Market Trends:

In India, the expanding automobile sector, along with the elevating levels of urbanization, are augmenting the sales of automobiles. This, in confluence with the improving consumer living standards, are driving the market for automotive connectors. Additionally, the growing prominence of high-end infotainment and audio systems is also catalyzing the adoption of electronic components, thereby further propelling the market growth in India. Besides this, the emergence of autonomous and hybrid vehicles with several innovative features, such as adaptive front lighting, park assistance and departure warning systems, cruise control, etc., is positively influencing the demand for automotive connectors. Moreover, several regional manufacturers are using lightweight and heat-resistant materials for wiring harnesses which will continue to drive the Indian market for automotive connectors in the coming years.

India Automotive Connector Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the India automotive connector market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the India automotive connector market on the basis of connection type, connector type, system type, vehicle type, application and region.

Breakup by Connection Type:

• Wire to Wire Connection
• Wire to Board Connection
• Board to Board Connection

Breakup by Connector Type:

• PCB Connectors
• IC Connectors
• RF Connectors
• Fiber Optic Connectors
• Others

Breakup by System Type:

• Sealed Connector System
• Unsealed Connector System

Breakup by Vehicle Type:

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles

Breakup by Application:

• Body Control and Interiors
• Safety and Security System
• Engine Control and Cooling System
• Fuel and Emission Control
• Infotainment
• Navigation & Instrumentation
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=2852&flag=F

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

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

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Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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