According to the latest report by IMARC Group, titled “Europe Automotive Connectors Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Europe automotive connectors market is expected to exhibit a CAGR of 6.6% during 2022-2027.
Industry Overview and Application:
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.
COVID-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
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).
Europe Automotive Connectors Market 2022-2027 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:
The report has segmented the Europe automotive connectors market on the basis of connection type, connector type, system type, vehicle type, application and country.
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
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About US:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
