Monday, 15 May 2017

Automotive Connectors Market is expected to be a significant growth during the estimated period of 2025

Connector is an electromechanical component critical for connecting electrical circuits together. In the automotive industry the connectors are mainly used in the automotive-oriented equipment to connect electrical devices and wires. The automotive connectors market has major applications in the power train system; which is followed by safety and infotainment systems. The electronic content for vehicles has been increasingly a result of the increasing demand for further appropriate systems such as automatic transmissions, driving assistance systems, and infotainment.

Automotive connectors are the interconnect systems used for on-board electronics and safety devices in automobiles. Applications include communication, entertainment, navigation, sensors, actuators, and engine control systems.

Automotive electronic components are rapidly increasing and the conventional cable interconnects are exchanged by intelligent and long lasting bus systems. Thus, this facilitates high speed data transmission and increases the efficiency of electronic components; thereby enabling high speed data transferral and increasing the efficiency of electronic and safety components.

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  • The automotive manufacturers are focusing on development of lightweight materials and compact vehicle structure to achieve better fuel organizing. The compact and lightweight designs have led to dense wiring harness. The rise in number of road fatalities has forced the manufacturers to invest more on automotive safety features and components. The increasing price of fuel has led to increase in demand for hybrid and fuel efficient vehicles; which are expected to boost the growth of global automotive connectors market.
  • The increase in number of electronic components in vehicles such as safety demonstration systems is expected to drive the consumption of automotive connectors. Also, the increase in manufacture and adoption of autonomous vehicles is expected to be a significant driver for the growth of global automotive connectors market during the forecast period of 2014-2025.
  • On the basis of connection type, the global automotive connectors market can be segmented as-Pin (Male), Plug (Male), Receptacle (Female), and Socket (Female). Reliability and durability concerns are some functional challenges that hinder the growth of the market. Connectors are placed under the hood of automobiles and must have the capacity to withstand high as well as sub-zero temperatures and shocks. On the basis of mounting style, the global automotive connectors market can be segmented as Free Hanging, Bus Bar, Cable, and In Line. On the basis of contact plating, the global automotive connectors market can be segmented as Copper, Nickel, Silver, Tin, Un-plated.

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