NEW YORK, Jan. 14, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global automotive and transportation connector market size is estimated to grow by USD 4.34 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 5.8% during the forecast period. Rising demand in european region is driving market growth, with a trend towards increasing electronic components in automobiles. However, lack of durability poses a challenge. Key market players include Amphenol Corp., Aptiv Plc, Aviation Industry Corp. Of China Co. Ltd., BorgWarner Inc., Eaton Corp plc, Furukawa Electric Co. Ltd., HIROSE ELECTRIC Co. Ltd., Hu Lane Associate Inc., J.S.T. Mfg. Co. Ltd., Japan Aviation Electronics Industry Ltd., Koch Industries Inc., Korea Electric Terminal Co. Ltd., Kyocera Corp., Lear Corp., Leoni AG, Lumberg Holding GmbH and Co. KG, Luxshare Precision Industry Co. Ltd., Rosenberger Hochfrequenztechnik GmbH and Co. KG, Samtec Inc., Sumitomo Corp., TE Connectivity Ltd., and Yazaki Corp..
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Automotive And Transportation Connector Market Scope
Report Coverage
Details
Base year
2024
Historic period
2019 – 2023
Forecast period
2025-2029
Growth momentum & CAGR
Accelerate at a CAGR of 5.8%
Market growth 2025-2029
USD 4337.3 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
4.6
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 42%
Key countries
US, China, Japan, South Korea, and Canada
Key companies profiled
Amphenol Corp., Aptiv Plc, Aviation Industry Corp. Of China Co. Ltd., BorgWarner Inc., Eaton Corp plc, Furukawa Electric Co. Ltd., HIROSE ELECTRIC Co. Ltd., Hu Lane Associate Inc., J.S.T. Mfg. Co. Ltd., Japan Aviation Electronics Industry Ltd., Koch Industries Inc., Korea Electric Terminal Co. Ltd., Kyocera Corp., Lear Corp., Leoni AG, Lumberg Holding GmbH and Co. KG, Luxshare Precision Industry Co. Ltd., Rosenberger Hochfrequenztechnik GmbH and Co. KG, Samtec Inc., Sumitomo Corp., TE Connectivity Ltd., and Yazaki Corp.
Market Driver
The Automotive and Transportation Connector market is experiencing significant growth due to trends in safety features and environmental concerns. With the increasing demand for electric vehicles, there is a rising need for connectors that can withstand temperature fluctuations and wear and tear. Adaptive front lighting, park assistance, and adaptive cruise control are becoming standard safety and security features. Technological advancements like IMSE technology, fiber optics, and machine learning are enhancing the driving experience. Keyless entry, lane departure warning, and anti-theft alarm systems are essential electronic components for passenger cars and commercial vehicles. Vehicle manufacturers are focusing on power distribution, data transfer, and vehicle security. Wi-Fi networks, memory interfaces, and data storage interfaces are essential for connectivity and electrification. The market for automotive connectors includes in-mold connectors, wire-to-board, and board-to-board connectors. The future of the market lies in the electrification of vehicles, self-driving technology, and advanced security features. Air pollution and carbon emissions are driving the need for environmentally friendly mobility solutions.
Advanced safety and security systems, including ADAS, lane departure warning, anti-theft alarm systems, adaptive cruise control, braking systems, and autonomous driving systems, are integral to modern vehicles. These systems rely on numerous electronic components, which in turn use connectors to distribute power effectively. Vendors are focusing on creating superior connector technology that can endure extreme temperatures, wear, tear, and dust at affordable prices. These connectors ensure reliable power distribution to safety components, enhancing vehicle safety.
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Market Challenges
• The Automotive and Transportation Connector market is experiencing significant growth due to the increasing demand for safety features in vehicles. This includes adaptive front lighting, lane departure warning, and advanced security features like anti-theft alarm systems and airbags. However, challenges such as temperature fluctuations, wear and tear, and environmental concerns like air pollution, are driving the need for connectors that can withstand harsh conditions and support electric vehicles and their electronic components. Technological advancements like adaptive cruise control, keyless entry, and connectivity through Wi-Fi networks and data transfer interfaces are also influencing the market. Vehicle manufacturers are focusing on vehicle electrification, vehicle security, and design flexibility to meet consumer demands for environmentally friendly mobility and enhanced driving experiences. The use of fiber optics, IMSE technology, and memory interfaces in automotive connectors is becoming increasingly common to support power distribution, navigation & instrumentation, and data storage. The market for automotive connectors is expected to continue growing as technological advancements in electric control units, machine learning, and self-driving vehicles drive the need for more sophisticated and reliable connectors.
• The automotive and transportation connector market plays a crucial role in the functioning of modern vehicles. With approximately 1500 connection points in a typical light vehicle, around 50%-60% of which are used for power distribution, these connectors are essential for the proper operation of various systems. In harsh environments, connectors face challenges such as extreme temperatures (-40-degree C to 155-degree C), vibration, oxidation, and frictional corrosion. A connector failure can lead to malfunctions or failures of critical components like brakes, fire systems, or airbags, posing serious safety risks. To ensure connector stability, manufacturers implement rigorous testing procedures, evaluating their performance under specified application conditions.
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Segment Overview
This automotive and transportation connector market report extensively covers market segmentation by
Application 1.1 Comfort convenience and entertainment1.2 Safety and security1.3 Body wiring1.4 Powertrain1.5 Navigation and InstrumentationGeography 2.1 APAC2.2 North America2.3 Europe2.4 South America2.5 Middle East and Africa
1.1 Comfort convenience and entertainment- The comfort, convenience, and entertainment segment holds the largest market share in the global automotive and transportation connector market in 2024. This segment is projected to experience the fastest growth rate during the forecast period. The increasing demand for user-friendly vehicle cabins offering extra comfort, convenience, and entertainment is driving this segment’s growth. New-generation vehicles with luxury cabins and advanced features require newer automotive and transportation connectors. Additionally, advancements in air conditioning systems, cameras, and radars due to technological progression will positively impact the market’s expansion. Key players in the industry are manufacturing connectors and making acquisitions to cater to the evolving vehicle features. Innovations in advanced vehicle cabins and consumers’ growing preference for comfort and convenience are expected to boost the growth of the comfort, convenience, and entertainment segment in the global automotive and transportation connector market during the forecast period.
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Research Analysis
The Automotive and Transportation Connector Market is experiencing significant growth due to the increasing demand for advanced technology in vehicles. Automotive connectors play a crucial role in enabling convenience, safety, and connectivity in modern vehicles. They facilitate electric vehicle charging, high-speed data transfer, and vehicle communication networks. The market is driven by the rise of electric vehicles and the trend towards smart mobility and autonomous driving systems. Connectors for electric vehicles are a key focus area, with innovation and advancements in materials, design, and reliability being prioritized to meet the unique demands of EV charging. The connector market also caters to the needs of next-generation vehicles, including those with digital cockpits, infotainment systems, and vehicle performance optimization features. Connector solutions are essential for vehicle safety systems, electronic control units, and vehicle connectivity. With the future of transportation leaning towards green and connected solutions, the connector market is expected to continue its growth trajectory. Additionally, the increasing focus on automotive cybersecurity is driving the development of advanced connector technologies to ensure reliable and secure vehicle communication networks.
Market Research Overview
The Automotive and Transportation Connector market is experiencing significant growth due to the increasing demand for safety features and environmental concerns in the transportation industry. Electric vehicles, adaptive front lighting, park assistance, and adaptive cruise control are some technological advancements driving market growth. Materials, such as fiber optics, are used to ensure connectivity and data transfer in various applications, including power distribution and vehicle weight reduction. Safety and security are top priorities, leading to the integration of advanced security features, anti-theft alarm systems, and keyless entry. Commercial vehicles and passenger cars alike benefit from these advancements, with lane departure warning systems, air pollution control, and data storage interfaces becoming increasingly common. Electrification of vehicles, including hybrid automobiles and self-driving vehicles, is a major trend, requiring various electronic components, such as memory, microspace connectors, and printed circuit boards. Wi-Fi networks and machine learning technologies are also being integrated to enhance the driving experience and improve vehicle performance. Temperature fluctuations, wear and tear, and dirt can affect connector performance, leading to the development of innovative solutions, such as IMSE technology, to ensure reliable operation. The market is expected to continue growing as technological advancements and environmental concerns shape the future of transportation.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ApplicationComfort Convenience And EntertainmentSafety And SecurityBody WiringPowertrainNavigation And InstrumentationGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio