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Automotive and Transportation Connector Market to Grow by USD 4.34 Billion from 2025-2029, Driven by European Demand and AI-Powered Market Evolution – Technavio

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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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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VOX Solutions redefines telecom excellence with a record number of seven industry awards in 2024

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HONG KONG, Jan. 15, 2025 /PRNewswire/ — VOX Solutions, a leading innovator in the telecom sector, has made waves in 2024 by securing an impressive seven prestigious awards. This year’s accolades not only underscore VOX Solutions’ groundbreaking contributions to the industry, but also spotlight its unwavering drive to transform the future of global communication. From harnessing AI to creating innovative monetisation strategies, VOX Solutions continues to lead the charge in reshaping the international telecom landscape.

VOX Solutions’ success is a testament to its relentless pursuit of excellence and highlight the company’s commitment to innovation, security, and delivering unparalleled value to its partners and customers worldwide.

2024 Award Highlights:

Tier 1 Vendor in ROCCO’s 2024 SMS Monetisation Market Impact Report: Setting the gold standard in SMS monetisation solutions for mobile network operators (MNOs).Tier 1 Vendor in ROCCO’s 2024 A2P SMS Messaging Market Impact Report: Redefining seamless and reliable A2P SMS messaging services on a global scale.Best AI Integration at the Antonio Meucci Global Telco Awards: Pioneering the use of artificial intelligence to revolutionize connectivity and operational efficiency.Best AI/ML Innovation at the Global Connectivity Awards: Transforming telecom with innovative AI and machine learning technologies.Best Security Solution Provider at the CC-Global Awards: Reinforcing its leadership in creating secure and robust telecommunications solutions.Platinum Award for Best Flash Call Authentication Solution at Future Digital Awards: Innovating authentication technologies to enhance security and user experience.Most Innovative Product/Service/Automation Europe at the Telecom Review Excellence Awards: Continually raising the bar with visionary product development and automation solutions.

Reflecting on this momentous achievement, Ehsan Ahmadi, CEO of VOX Solutions, said, “This incredible recognition inspires us to continue pushing the boundaries of what is possible in telecommunications. These awards are also a celebration of our team’s hard work and our unwavering commitment to our partners and customers.”

About VOX Solutions

Vox Solutions simplifies, improves, and optimizes Voice and SMS channels using the latest innovations in technology. The company enables mobile operators to monetize their A2P services in a sustainable way, leveraging proprietary technology.

Vox Solutions utilizes its multi-award-winning anti-fraud technology, VOX-360, to offer a reliable, accurate and real-time view of operators’ voice and SMS services. By partnering with operators, Vox Solutions provides secure & reliable 2FA services to enterprises, globally.

For MNOs, Vox Solutions is focused on monetization of SMS and Voice services, being the first company in the market to offer a Flash Calling (Voice A2P) end-to-end solution.

For the enterprise segment, Vox Solutions focus on A2P messaging, A2P & P2P Voice, while also providing solutions focused on Cloud Communications.

Its unique VOX-360 solution also won numerous global awards for the anti-fraud, flash call authentication and AI/ML innovations.

www.voxsolutions.co

 

View original content:https://www.prnewswire.co.uk/news-releases/vox-solutions-redefines-telecom-excellence-with-a-record-number-of-seven-industry-awards-in-2024-302350656.html

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Shining at CES 2025, TCL Garners Multiple Awards for Display Innovations and Smart Home Solutions

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LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — TCL Electronics, a leading consumer electronics brand and the world’s top two TV brand, has been honored with multiple awards at CES 2025, demonstrating its technological excellence in display innovations and smart home solutions. Among the highlights is the TCL 50 PRO NXTPAPER 5G smartphone, which received the prestigious CES 2025 Innovation Award in the Mobile Devices, Accessories & Apps category.

Additionally, TCL also garnered six accolades at the 2024-2025 Global Top Brands Awards Ceremony (GTB), recognized across a broad range of product categories, from TVs and air conditioners to washing machines. The TCL Premium QD-Mini LED TV X11K received the “Mini LED Display Technology Innovation Award” for its unparalleled visual detail, clarity, and depth. The FreshIN Series Air Conditioner was recognized with the “Smart Fresh Air Technology Innovation Award”, while the TCL Super Drum Series Front Load Washing Machine earned the “Clean Technology Innovation Gold Award”. Furthermore, TCL was named among the “2024-2025 CE Brands Top 10” and “2024-2025 Global TV Brands Top 10”, underscoring its leadership and influence in the industry.

Founded by the International Data Group (IDG) in 2006, these awards, organized by Asia Digital Group and Europe Digital Group, and co-hosted by TWICE with support from IDC, are among the most influential recognitions in the consumer electronics sector. Bill Jiang, Vice President of TCL Industries and General Manager of the Global Marketing Center, accepted the awards on behalf of the company.

Other TCL product categories, such as smart locks, RayNeo AR Glasses, and mobile routers, also received multiple “Best of CES 2025” awards from international media.Besides, TCL’s 5G RedCap dongle, the TCL LINKPORT IK511, along with TCL 50 PRO NXTPAPER 5G were honored with the 2025 CES Picks Award in the TechRadar Pro category. On the eve of CES, TCL was awarded the 2025 Circana Consumer Electronics Performance Award for Top Increase in TV market share in North America.

About TCL Electronics

TCL Electronics (1070.HK) is a leading consumer electronics brand and leader in the global television industry. TCL now operates in more than 160 markets around the world. The company specializes in the research, development, and manufacturing of consumer electronics products ranging from TVs, audio, home appliances, mobile devices, smart glasses, commercial displays, and more. Visit the TCL website at https://www.tcl.com.

SOURCE TCL

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Best Cost Segregation Study Service of 2025 by Techbullion

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Recognition Highlights Cost Segregation Guys’ Expertise and Client-Centric Approach in Delivering Tax Savings for Real Estate Investors Nationwide.

CHEYENNE, Wyo., Jan. 15, 2025 /PRNewswire-PRWeb/ — Cost Segregation Guys, a leading provider of cost segregation services, has been recognized as the best cost segregation study company of 2025 by Techbullion, a trusted resource for financial and technology news. This recognition underscores the company’s dedication to delivering measurable tax-saving solutions for real estate investors nationwide.

Cost Segregation Guys specializes in maximizing tax savings for property owners by accelerating depreciation deductions through comprehensive cost segregation studies. By reclassifying building components and land improvements into shorter recovery periods, the company empowers clients to reduce taxable income and enhance cash flow.

“We are honored to be recognized among the top cost segregation companies for 2025,” said Ivy Yamaro, Manager of Cost Segregation Guys. “This achievement reflects our dedication to providing industry-leading expertise and exceptional service to our clients. Our mission has always been to empower property owners with the tools and insights needed to optimize their financial strategies.”

Cost Segregation Guys has built its reputation on its in-depth knowledge of tax laws, engineering-based analysis, and client-centric approach. With decades of experience, 12,000 happy clients, and over $500m in depreciation for its clients, there is no question their team knows the ins and outs of cost segregation studies. The company’s team of experts combines technical precision with personalized service, ensuring each client receives a customized solution tailored to their specific property and financial goals.

The real estate market in 2025 is becoming increasingly competitive, and cost segregation has emerged as a critical strategy for investors seeking to optimize profitability. Cost Segregation Guys leverages advanced methodologies and stays ahead of industry trends to ensure clients receive tailored solutions that maximize their financial benefits.

Techbullion’s recognition highlights the company’s continued role as a leader in the field. Cost Segregation Guys is celebrated not only for its technical precision but also for its transparency, integrity, and unwavering focus on client success.

For property owners seeking to unlock significant tax savings, Cost Segregation Guys offers innovative tools and resources designed to enhance financial performance. To learn more, visit http://www.costsegregationguys.com or schedule a complimentary consultation.

About Cost Segregation Guys

Cost Segregation Guys is a leading provider of cost segregation services, specializing in helping real estate investors accelerate depreciation and reduce tax liabilities. With a commitment to innovation, precision, and client satisfaction, the company delivers substantial financial benefits to property owners across the country.

Media Contact

David Peterson, Cost Segregation Guys, +1(406) 626-7978, Hey@costsegregationguys.com, https://costsegregationguys.com/

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