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PR Newswire
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Research and Markets - Global Automotive Connectors Market 2016-2020 With TE Connectivity, Yazaki, Delphi Automotive, Sumitomo Electric Wiring Systems & Japan Aviation Electronics Industry Dominating

DUBLIN, Dec 2, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Automotive Connectors Market 2016-2020" report to their offering.

The global automotive connectors market to grow at a CAGR of 8.12% during the period 2016-2020.

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 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.

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.

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.

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

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by vehicle type

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Market challenges

Part 10: Market trends

Part 11: Vendor landscape

Part 12: Key vendor analysis

Part 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/6fr9kr/global_automotive

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

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Fax (outside U.S.): +353-1-481-1716

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