Market Overview:
The global automotive wire connector market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric and hybrid vehicles, rising production of passenger cars and commercial vehicles, and growing adoption of advanced technologies in automobiles. The global automotive wire connector market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into wire-to-wire connectors, wire-to-board connectors, and board-to-board connectors. On the basis of application, the market is divided into passenger cars and commercial vehicles. The regional segments include North America (U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China), Middle East & Africa (Saudi Arabia).
Product Definition:
An automotive wire connector is a connector specifically designed for use in automobiles. It is used to connect electrical wiring in automobiles.
Wire to Wire Connector:
Wire to wire connector is a device used for connecting two wires or cables in an electric circuit. It has various forms such as banana, pin, spade and ring connectors etc. The main function of these connectors is to make the electrical connection between two conductors in power or signal transmission lines without using any additional hardware devices.
Wire to Board Connector:
Wire to board connector is a device used for connecting two wires or a cable to an electrical circuit. It is mainly used in automotive wiring harnesses and consists of terminals, male/female connectors, and pigtails. The wire connector has female terminal at one end which can be connected with another female terminal from different wire or cable easily by pressing them together. On the other end there is usually male terminal which can be connected with power supply unit (PSU), Motherboard etc.
Application Insights:
The passenger car application segment accounted for the largest revenue share of over 60% in 2017. The demand for automotive wire connectors is expected to increase with the growing need for infotainment systems and advanced safety features in vehicles. Moreover, increasing penetration of smart devices that require data transfer and storage is anticipated to drive the product demand further.
Automotive wire connector manufacturers are focusing on developing products that offer high quality, reliability, durability and easy installation at affordable prices. This has led to an increased focus on aftermarket sales channels where installers can make a good profit by selling premium quality products backed by reliable warranties.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing automobile production in countries, such as China and India. Furthermore, rising disposable income of consumers and rapid urbanization are also expected to drive demand for automobiles in this region. Increasing use of electric vehicles across major cities due to strict emission norms is further anticipated to propel market growth over the coming years.
Europe accounted for a significant share owing to stringent government regulations regarding vehicular emissions coupled with growing consumer awareness regarding fuel economy in commercial vehicles has resulted in high demand for efficient automotive wire connectors across this region since 2016. North America was estimated at USD X million in 2017 and is projected grow at a CAGR of XX% from 2018 till 2030 owing an increase adoption rate of electric cars on account of favorable government policies aimed at reducing carbon footprint associated with conventional internal combustion engines used by automakers operating within U.S.
Growth Factors:
- Increasing demand for electric vehicles: The global automotive wire connector market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for electric vehicles (EVs). The growth of the market can be attributed to the rising concerns over environmental pollution and climate change. In addition, governments across the globe are providing incentives such as tax rebates and subsidies for purchasing EVs, which is further propelling their adoption.
- Proliferation of advanced technologies: Automotive wire connectors are used in various applications such as powertrain, body electronics, chassis & safety systems, and infotainment systems. These connectors play a crucial role in transmitting power and data between different components in an automobile. Thus, with the advent of new technologies such as autonomous driving and connected cars, there is an increased demand for advanced automotive wire connectors that can support these applications effectively.
- Growing popularity of luxury cars: The global luxury car market is growing at a rapid pace due to factors such as rising disposable income levels among consumers and changing lifestyle trends. This is resulting in an increase in demand for premium-quality automotive wire connectors that offer superior performance and reliability standards compared to conventional products available in the market today .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Wire Connector Market Research Report
By Type
Wire to Wire Connector, Wire to Board Connector, Board to Board Connector
By Application
Passenger Car, Commercial Vehicle
By Companies
TE Connectivity, Yazaki, Delphi, Amphenol, Molex, Sumitomo, JAE, KET, JST, Rosenberger, LUXSHARE, AVIC Jonhon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Wire Connector Market Report Segments:
The global Automotive Wire Connector market is segmented on the basis of:
Types
Wire to Wire Connector, Wire to Board Connector, Board to Board Connector
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TE Connectivity
- Yazaki
- Delphi
- Amphenol
- Molex
- Sumitomo
- JAE
- KET
- JST
- Rosenberger
- LUXSHARE
- AVIC Jonhon
Highlights of The Automotive Wire Connector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wire to Wire Connector
- Wire to Board Connector
- Board to Board Connector
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Wire Connector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive wire connector is a type of connector used in automobiles to join the wiring harnesses of various electrical systems.
Some of the major companies in the automotive wire connector market are TE Connectivity, Yazaki, Delphi, Amphenol, Molex, Sumitomo, JAE, KET, JST, Rosenberger, LUXSHARE, AVIC Jonhon.
The automotive wire connector market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Wire Connector Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Wire Connector Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Wire Connector Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Wire Connector Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Wire Connector Market Size & Forecast, 2018-2028 4.5.1 Automotive Wire Connector Market Size and Y-o-Y Growth 4.5.2 Automotive Wire Connector Market Absolute $ Opportunity
Chapter 5 Global Automotive Wire Connector Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Wire Connector Market Size Forecast by Type
5.2.1 Wire to Wire Connector
5.2.2 Wire to Board Connector
5.2.3 Board to Board Connector
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Wire Connector Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Wire Connector Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Wire Connector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Wire Connector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Wire Connector Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Wire Connector Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Wire Connector Market Size Forecast by Type
9.6.1 Wire to Wire Connector
9.6.2 Wire to Board Connector
9.6.3 Board to Board Connector
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Wire Connector Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Wire Connector Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Wire Connector Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Wire Connector Market Size Forecast by Type
10.6.1 Wire to Wire Connector
10.6.2 Wire to Board Connector
10.6.3 Board to Board Connector
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Wire Connector Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Wire Connector Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Wire Connector Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Wire Connector Market Size Forecast by Type
11.6.1 Wire to Wire Connector
11.6.2 Wire to Board Connector
11.6.3 Board to Board Connector
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Wire Connector Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Wire Connector Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Wire Connector Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Wire Connector Market Size Forecast by Type
12.6.1 Wire to Wire Connector
12.6.2 Wire to Board Connector
12.6.3 Board to Board Connector
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Wire Connector Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Wire Connector Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Wire Connector Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Wire Connector Market Size Forecast by Type
13.6.1 Wire to Wire Connector
13.6.2 Wire to Board Connector
13.6.3 Board to Board Connector
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Wire Connector Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Wire Connector Market: Competitive Dashboard
14.2 Global Automotive Wire Connector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE Connectivity
14.3.2 Yazaki
14.3.3 Delphi
14.3.4 Amphenol
14.3.5 Molex
14.3.6 Sumitomo
14.3.7 JAE
14.3.8 KET
14.3.9 JST
14.3.10 Rosenberger
14.3.11 LUXSHARE
14.3.12 AVIC Jonhon