Automotive Connectors Market Growth Analysis | Aptiv Plc, Furukawa Electric Co. Ltd., HIROSE ELECTRIC Co. Ltd. are among key contributors
Competitive Benchmarking and Vendor Forecasts for 2021-2025
Automotive connectors market is set to post an incremental growth of $ 7.46 billion, accelerating at a CAGR of 8.07% during the forecast period. The market is fragmented. Aptiv Plc, Furukawa Electric Co. Ltd., HIROSE ELECTRIC Co. Ltd., Yazaki Corp., Lear Corp., Leoni AG, Molex LLC, Sumitomo Electric Industries Ltd., Japan Aviation Electronics Industry Ltd., and TE Connectivity Ltd. are some of the major participants in the market. This research report provides a detailed analysis of all the key players tracking recent and historic developments with respect to their market share and product portfolio. We also provide a pipeline analysis of upcoming developments and future growth opportunities. The growth of the vendors depends on several factors such as market conditions, government support, and industry development.
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Automotive Connectors Market: Market Highlights
- The Automotive connectors market is segmented by Type (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA).
- APAC led the market with 51% of the market growth set to originate from this region during the forecast period. Booming automotive telematics market is creating demand for high bandwidth connectors in the region.
- Growing electrification in modern vehicles is one of the primary factors driving the growth of the automotive connectors market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For more insights on this market: Download a Free Sample Report
Key Focus Areas in Our Reports:
- Market segments
- Comparison by Product
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- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Aptiv Plc
- Furukawa Electric Co. Ltd.
- HIROSE ELECTRIC Co. Ltd.
- Yazaki Corp.
- Lear Corp.
- Leoni AG
- Molex LLC
- Sumitomo Electric Industries Ltd.
- Japan Aviation Electronics Industry Ltd.
- TE Connectivity Ltd.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 8.07%.
- What is the incremental growth of the market?
The market is expected to grow by $ 7.46 bn through 2021-2025.
- What is a key factor driving this market?
Growing electrification in modern vehicles will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
51% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Aptiv Plc, Furukawa Electric Co. Ltd., HIROSE ELECTRIC Co. Ltd., Yazaki Corp., Lear Corp., Leoni AG, Molex LLC, Sumitomo Electric Industries Ltd., Japan Aviation Electronics Industry Ltd., and TE Connectivity Ltd.
- What are the market segments covered in this report?
The market is segmented by Type (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA)
Automotive Connectors Market Size to Grow by $ 7.46 bn through 2021-2025
Technavio research projects the automotive connectors market to grow by $ 7.46 bn, accelerating at a CAGR of 8.07% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Automotive Connectors Market: Key Market Driver
One of the primary factors that will trigger the growth of the automotive connectors market size is Growing electrification in modern vehicles. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Automotive Connectors Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aptiv Plc, Furukawa Electric Co. Ltd., HIROSE ELECTRIC Co. Ltd., Japan Aviation Electronics Industry Ltd., Lear Corp., Leoni AG, Molex LLC, Sumitomo Electric Industries Ltd., TE Connectivity Ltd., and Yazaki Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download a Free Sample Report
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 8.07%.
- What is the incremental growth of the market?
The market is expected to grow by $ 7.46 bn through 2021-2025.
- What is a key factor driving this market?
{{driver_1} will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
51% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Aptiv Plc, Furukawa Electric Co. Ltd., HIROSE ELECTRIC Co. Ltd., Japan Aviation Electronics Industry Ltd., Lear Corp., Leoni AG, Molex LLC, Sumitomo Electric Industries Ltd., TE Connectivity Ltd., and Yazaki Corp.
- What are the market segments covered in this report?
The market is segmented by Type (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA)
