Product ID: UCMIG25A2072
Automotive Connectors Market Size, Share, Growth Analysis, By Product(PCB, IC), By Connectivity(Wire to Wire, Wire to Board), By Vehicle Type(Passenger Car, Commercial Vehicle), By Application(CCE, Powertrain), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG25A2072 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Automotive Connectors Market Insights
Market Overview:
The global automotive connectors market was valued USD 15.58 billion in 2017 and is anticipated to continue growing at a 7.4% CAGR during 2018 to 2025. Rising demand for connection, simplicity, and security features in passenger automobiles and commercial vehicles is driving growth. Many innovations that improve driving experience and safety have resulted from technological breakthroughs.
Automotive Connectors Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Auto Parts & Equipment by segment aggregation, the contribution of the Auto Parts & Equipment in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Automotive Connectors Market Report Snapshots
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