Lewes, DE -- (SBWire) -- 03/09/2015 --Report forecast the Global Automotive Connectors market to grow at a CAGR of 7.99 percent over the period 2014-2019.
A connector is an electro-mechanical component used for connecting electrical circuits. Connectors are used in the production of vehicles and automotive components, defense vehicles, marine equipment, airplanes, automation and control equipment, telecom devices, and many more. In the Automotive industry, connectors are used in the automotive wiring harness to connect electrical devices and wires. On an average, a vehicle contains 1 mile of wiring and more than 260 connectors, and this figure is expected to reach more than 300 in the future.
According to the lead analyst of this report, the growing adoption of automotive electronics is a key trend, which is expected to boost the market growth during the forecast period. With the increasing demand for comfort and convenience, advanced driver assistance systems and infotainment systems among consumers, automotive electronics are expected to gain popularity.
According to the report, rise in demand for automotive wiring harness in automobiles is the foremost driver that is expected to have a positive impact on the market. Recently, the electronic content in vehicles has been increasing because of the growing demand for advanced and intelligent features such as safety solutions, driving assistance systems and infotainment.
Further, the report states that growing reliability and durability issues of automotive connectors pose a major challenge to the market. Automotive connectors are essential for proper functioning of electronic devices installed in vehicles and any failure in these devices can lead to serious casualties.
The Global Automotive Connectors market can be divided into four segments: Ignition, Powertrain, Fuel and Emission, and Engine Control.
The Global Automotive Connectors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automotive Connectors market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
This report covers the following companies as the key players in the Global Automotive Connectors Market: Delphi Automotive LLP, Sumitomo Electric Wiring Systems, TE Connectivity Ltd. and Yazaki Corp.
Other Prominent Vendors in the market are: Amphenol, HIROSE ELECTRIC, Hu Lane Associates, Japan Aviation Electronics Industry, J.S.T., Korea Electric Terminal, Kyocera, Molex and Rosenberger.
Key Regions
- Americas
- APAC
- EMEA
Key Market Driver
- Increased Demand for Automotive Safety Systems
- For a full, detailed list, view our report
Key Market Challenge
- Reliability and Durability Issues
- For a full, detailed list, view our report
Key Market Trend
- Increased Adoption of Automotive Electronics
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
Spanning over 72 pages and 28 exhibits, "Global Automotive Connectors Market 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-automotive-connectors-market-2015-2019
Find all Aerospace Reports at: http://www.marketresearchreports.com/aerospace
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
For regular industry updates subscribe to our newsletter at:
http://www.marketresearchreports.com/subscribe-to-newsletter
