Europe Automotive Connectors Market Share, Size, Future Growth and Opportunities by 2021-2026
According to the latest report by IMARC Group, titled “Europe Automotive Connectors Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market is expected to exhibit a CAGR of 6.6% during 2022-2027. Automotive connectors refer to specially designed electromechanical components that are connected to several electrical lines for forming a complete circuit. They include jacks, plugs and sockets that are mounted under the vehicle hood. Apart from this, automotive connectors consist of various advanced safety and security features, including adaptive cruise control, keyless entry, and auto emergency braking, which assist in mitigating the risks of fatal accidents. Currently, they are commercially available in varying types, such as wire to wire, wire to board and board to board.
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The increasing environmental consciousness among consumers, along with the rising need for eco-friendly automobiles, has prompted the governments of numerous countries across Europe to introduce favorable policies for promoting the usage of electric vehicles (EVs) to reduce greenhouse gas (GHG) emissions. This, in turn, is primarily driving the automotive connectors market growth across the region. In line with this, significant technological advancements, such as the integration of electronic control units (ECUs) for improving the drivability and overall vehicle performance, are propelling the market growth. Apart from this, the extensive utilization of plastic optical fiber (POF) due to the increasing demand for flexible and lightweight vehicles is further contributing to the market growth. Looking forward, IMARC Group expects the market to continue its robust growth during the forecast period (2022-2027).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
The competitive landscape of the europe automotive connectors market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Highlights of the Market Segmentation:
Breakup by Connection Type:
Wire to Wire Connection Wire to Board Connection Board to Board Connection
Breakup by Connector Type:
PCB Connectors IC Connectors RF Connectors Fiber Optic Connectors Others
Breakup by System Type:
Sealed Connector System Unsealed Connector System
Breakup by Vehicle Type:
Passenger Cars Commercial Vehicles Electric Vehicles
Breakup by Application:
Body Control and Interiors Safety and Security System Engine Control and Cooling System Fuel and Emission Control Infotainment Navigation & Instrumentation Others
Breakup by Country:
Germany France United Kingdom Italy Spain Others
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Key highlights of the report:
Market Performance (2016-2021) Market Outlook (2022-2027) Market Trends Market Drivers and Success Factors Impact of COVID-19 Value Chain Analysis Comprehensive mapping of the competitive landscape
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