Technavio
Announces the Publication of its Research Report Global Automotive Connectors
Market 2016-2020
Technavio recognizes the following companies as the key players in the global automotive connectors market: TE Connectivity, Yazaki, Delphi Automotive, Sumitomo Electric Wiring Systems, and Japan Aviation Electronics Industry.
Other prominent vendors in the market are: Amphenol, HIROSE ELECTRIC, Hu Lane Associates, Korea Electric Terminal, Kyocera, Molex, and Rosenberger.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is induction of high-end optical fibers into automobile sector. Traditional cars used the crimp and poke connector system owing to its simplified architecture for wiring harnesses. However, as the demand for driver support systems such as ADAS and ESC increased, traditional connector system could no longer provide the bandwidth. This gave rise to the development of other complex architecture for wiring harnesses such as UTP and STP.”
According to the report, one of the primary drivers in the market is rising demand for high-speed connectivity solutions in automobiles. Earlier, automobiles consisted of more mechanical components than electronic components. However, in the recent years, the electronic content per vehicle has increased to more than 50% in some vehicles. This is due to the increased adoption of advanced safety features and powertrain electrification. Modern-day vehicles have an array of sensors installed in them. This has led to the development of more complex safety systems. All modules/systems are interconnected and communicate with each other and the electronic control unit. As a result, traditional wiring harnesses and connectors are unable to support the bandwidth requirements owing to the need for high-speed data transmission. This resulted in the induction of Ethernet into automobiles.
Technavio recognizes the following companies as the key players in the global automotive connectors market: TE Connectivity, Yazaki, Delphi Automotive, Sumitomo Electric Wiring Systems, and Japan Aviation Electronics Industry.
Other prominent vendors in the market are: Amphenol, HIROSE ELECTRIC, Hu Lane Associates, Korea Electric Terminal, Kyocera, Molex, and Rosenberger.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is induction of high-end optical fibers into automobile sector. Traditional cars used the crimp and poke connector system owing to its simplified architecture for wiring harnesses. However, as the demand for driver support systems such as ADAS and ESC increased, traditional connector system could no longer provide the bandwidth. This gave rise to the development of other complex architecture for wiring harnesses such as UTP and STP.”
According to the report, one of the primary drivers in the market is rising demand for high-speed connectivity solutions in automobiles. Earlier, automobiles consisted of more mechanical components than electronic components. However, in the recent years, the electronic content per vehicle has increased to more than 50% in some vehicles. This is due to the increased adoption of advanced safety features and powertrain electrification. Modern-day vehicles have an array of sensors installed in them. This has led to the development of more complex safety systems. All modules/systems are interconnected and communicate with each other and the electronic control unit. As a result, traditional wiring harnesses and connectors are unable to support the bandwidth requirements owing to the need for high-speed data transmission. This resulted in the induction of Ethernet into automobiles.
Further, the
report states that one major challenge in the market is rising labor cost in
low-cost manufacturing countries. One such means to optimize cost was to outsource
manufacturing activities to countries, such as China, Taiwan, South Korea, and
India, which have low-cost labor. These countries are among the largest
manufacturers of automotive connectors in the world. The primary reason for the
high concentration of automotive connectors manufacturers in these countries is
attributed to the drastic shift of electronic manufacturing units to these
countries from developed countries such as the US and the UK. This transition
is due to the cost advantage leveraged through the availability of low-cost
labor as compared with western countries. Countries such as China, Taiwan,
South Korea, and India also have an established raw material supply chain and
there is easy availability of raw materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470012
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470012
About Automotive Connectors
A connector is a device that transmits electric signals either from the power source to the electronic equipment or connects the internal controls of a machine. It forms a medium of communication between different systems and components by connecting electric circuits with each other.
Technavio’s analysts forecast the global automotive connectors market to grow at a CAGR of 8.12% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive connectors market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of automotive connectors.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Connectors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• TE Connectivity
• Yazaki
• Delphi Automotive
• Sumitomo Electric Wiring Systems
• Japan Aviation Electronics Industry
Other prominent vendors
• Amphenol
• HIROSE ELECTRIC
• Hu Lane Associates
• Korea Electric Terminal
• Kyocera
• Molex
• Rosenberger
Market driver
• Value-added services provided by OEMs to stimulate automotive connector market.
• For a full, detailed list, view our report
Market challenge
• Increasing pressure from OEMs to reduce component cost.
• For a full, detailed list, view our report
Market trend
• Induction of high-end optical fibers into the automobile sector.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
A connector is a device that transmits electric signals either from the power source to the electronic equipment or connects the internal controls of a machine. It forms a medium of communication between different systems and components by connecting electric circuits with each other.
Technavio’s analysts forecast the global automotive connectors market to grow at a CAGR of 8.12% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive connectors market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of automotive connectors.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Connectors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• TE Connectivity
• Yazaki
• Delphi Automotive
• Sumitomo Electric Wiring Systems
• Japan Aviation Electronics Industry
Other prominent vendors
• Amphenol
• HIROSE ELECTRIC
• Hu Lane Associates
• Korea Electric Terminal
• Kyocera
• Molex
• Rosenberger
Market driver
• Value-added services provided by OEMs to stimulate automotive connector market.
• For a full, detailed list, view our report
Market challenge
• Increasing pressure from OEMs to reduce component cost.
• For a full, detailed list, view our report
Market trend
• Induction of high-end optical fibers into the automobile sector.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table
of content: https://marketreportscenter.com/reports/470012/global-automotive-connectors-market-2016-2020#toc
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