Market Overview:
The global truck and bus 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 vehicles and the growing trend of miniaturization in the automotive industry. The wire-to-wire connector segment is expected to dominate the market during the forecast period, owing to its high adoption rate in trucks and buses. Asia Pacific is expected to be the fastest-growing region during the forecast period, owing to rising demand from countries such as China and India.
Product Definition:
A truck and bus connector is a device that allows large trucks and buses to connect to electrical power grids, providing them with the necessary electricity to operate. These connectors are important for ensuring that large vehicles can access the necessary power while on the road.
Wire to Wire Connector:
Wire to wire connector is a device used in electric circuits for making connections between wires and terminals. It has two metal blades, which are inserted into the slots of two conductors. The other end of the slot contains a terminal or an insulated pin that makes electrical contact with another circuit.
Wire to Board Connector:
Wire to Board Connector (WBC) is a type of electrical connector that is used in the manufacturing of electric connectors and sockets. These are mainly used for making connections between wires and printed circuit boards in various electronic devices such as computers, printers, modems, copiers, scanners etc. It has a body made up of metal alloy or plastic with contacts at each end which makes an electrical connection when pressed together by pressing down on them with a lever or screw driver.
Application Insights:
The truck application segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising demand for heavy-duty trucks, which are primarily used for transporting goods from warehouses to retail stores. Furthermore, increasing penetration of e-commerce has led manufacturers to focus on developing electric trucks with high performance and energy efficiency.
The bus application segment is expected to witness significant growth over the forecast period owing to growing government investments in public transportation systems and rapid urbanization projects across various regions including Asia Pacific, Europe and North America. In addition, favorable government policies such as ¢â‚¬Å“Transit Oriented Development¢â‚¬ or TOD have catalyzed industry players such as Daimler AG; Volvo AB; Ford Motor Company; General Motors Company; MAN SE.
Regional Analysis:
The North American region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in public transportation infrastructure, rising adoption of electric vehicles, and growing demand for intercity buses. Moreover, technological advancements such as wireless connectivity are further expected to propel industry growth over the next eight years.
Asia Pacific is anticipated to witness significant growth owing to increasing government initiatives pertaining toward sustainable transport practices along with rising passenger traffic on a large scale across major cities including Tokyo, Beijing, Shanghai and others. In addition, rapid urbanization coupled with increased spending power among consumers will drive product demand over the forecast period. Furthermore European region also captured a significant share of global revenue due towards high acceptance of advanced technologies such as ‘connected trucks’ concept by companies operating within this sector including DHL Express GmbH & Co.
Growth Factors:
- Increasing demand for commercial vehicles: The global market for commercial vehicles is expected to grow at a CAGR of more than 5% during the forecast period. This will lead to an increase in demand for truck and bus connectors.
- Growing urbanization and industrialization: The growth of the urban population and the expansion of industries are leading to an increase in transportation needs, which will drive the demand for truck and bus connectors.
- Technological advancements: The development of new technologies such as electric vehicles is expected to create opportunities for the truck and bus connector market during the forecast period.
- Stringent emission norms: Stringent emission norms are encouraging OEMs to adopt advanced technologies, which is likely to boost the demand for truck and bus connectors in coming years. 5) Rising disposable income levels: Rising disposable income levels across emerging economies are resulting in an increase in spending on transportation, thereby driving growth prospects for Truck & Bus Connector market
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck and Bus Connector Market Research Report
By Type
Wire to Wire Connector, Wire to Board Connector, Board to Board Connector
By Application
Truck, Bus
By Companies
TE Connectivity, Yazaki, Aptiv, Amphenol, Koch Industries (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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Truck and Bus Connector Market Report Segments:
The global Truck and Bus 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
Truck, Bus
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
- Aptiv
- Amphenol
- Koch Industries (Molex)
- Sumitomo
- JAE
- KET
- JST
- Rosenberger
- LUXSHARE
- AVIC Jonhon
Highlights of The Truck and Bus 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:
- Truck
- Bus
- 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 Truck and Bus 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
The Truck and Bus Connector is a proposed highway that would connect I-5 in Oregon to I-10 in Texas.
Some of the major players in the truck and bus connector market are TE Connectivity, Yazaki, Aptiv, Amphenol, Koch Industries (Molex), Sumitomo, JAE, KET, JST, Rosenberger, LUXSHARE, AVIC Jonhon.
The truck and bus 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 Truck and Bus 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 Truck and Bus Connector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Truck and Bus 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 Truck and Bus 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 Truck and Bus Connector Market Size & Forecast, 2018-2028
4.5.1 Truck and Bus Connector Market Size and Y-o-Y Growth
4.5.2 Truck and Bus Connector Market Absolute $ Opportunity
Chapter 5 Global Truck and Bus 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 Truck and Bus 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 Truck and Bus 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 Truck and Bus Connector Market Size Forecast by Applications
6.2.1 Truck
6.2.2 Bus
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Truck and Bus 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 Truck and Bus 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 Truck and Bus Connector Analysis and Forecast
9.1 Introduction
9.2 North America Truck and Bus 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 Truck and Bus 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 Truck and Bus Connector Market Size Forecast by Applications
9.10.1 Truck
9.10.2 Bus
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 Truck and Bus Connector Analysis and Forecast
10.1 Introduction
10.2 Europe Truck and Bus 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 Truck and Bus 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 Truck and Bus Connector Market Size Forecast by Applications
10.10.1 Truck
10.10.2 Bus
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 Truck and Bus Connector Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Truck and Bus 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 Truck and Bus 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 Truck and Bus Connector Market Size Forecast by Applications
11.10.1 Truck
11.10.2 Bus
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 Truck and Bus Connector Analysis and Forecast
12.1 Introduction
12.2 Latin America Truck and Bus 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 Truck and Bus 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 Truck and Bus Connector Market Size Forecast by Applications
12.10.1 Truck
12.10.2 Bus
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) Truck and Bus Connector Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Truck and Bus 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) Truck and Bus 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) Truck and Bus Connector Market Size Forecast by Applications
13.10.1 Truck
13.10.2 Bus
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 Truck and Bus Connector Market: Competitive Dashboard
14.2 Global Truck and Bus 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 Aptiv
14.3.4 Amphenol
14.3.5 Koch Industries (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
