Key vendors to focus on enhancing their product portfolio to gain market share
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global automotive connectors market in their latest research report. This report also lists seven other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated from the sale of automotive connectors.
This Technavio report, under the automotive electronics vertical, is based on the synthesis, analysis, and interpretation of information about the global automotive connectors market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
Click here to request a free sample of this report
Competitive vendor landscape
The global market for automotive connectors is characterized by the presence of a limited number of vendors. The rise in the demand for automobiles coupled with the demand for safety systems is an incentive for growth of the market. The market in APAC in expected to undergo significant growth during the forecast period owing to strong economic conditions, increasing disposable income, the growing demand for automobiles, and the rise in safety concerns among consumers in this region.
“The automotive industry has been witnessing a structural shift toward lightweight materials, engine downsizing, and compact vehicle structuring to achieve higher fuel efficiency. The development of lightweight and heat-resistant materials for automotive wiring harnesses is revolutionizing the global market. Connector manufacturers in the market space are focusing on materials that provide high-temperature resistance properties along with performance stability,” says Siddarth Jaiswal, a lead analyst at Technavio for automotive electronics.
Top five vendors in the automotive connectors market space
TE Connectivity
TE Connectivity, formerly known as Tyco Electronics, engages in the design and manufacture of products that connect power, data, and signal in a variety of industry segments including automotive, aerospace, energy, data communications, consumer devices, healthcare, and defense sectors. At present, the company is supported by a strong operational network of close to 400 manufacturing, warehousing, and office locations in over 50 countries worldwide.
Key products: AMP MCP interconnection system, MCON interconnection system, Timer interconnection system, MOST connector system, Econoseal connector series, FASTON terminals and connectors, MULTILOCK connector system, FASTON terminals and connectors, Generation Y connector system, Sealed sensor connector system, and PCB terminals.
Yazaki
Yazaki is a manufacturer of meters, electronic components, and other products for the automotive industry. The company’s product portfolio comprises wire harness, meters, charging connectors, electric wires, in-vehicle safety and service systems, gas equipment, air-conditioning equipment, solar equipment, and socially responsible business. The company operates through 215 sites in 42 countries across Japan, the Americas, Asia and Oceania, and Europe.
Key products: Header connectors, Safety connectors, RF connectors, High-voltage connectors, and Standard Connectors.
Delphi Automotive
Delphi Automotive is a world leader in the manufacture of vehicle components. The company offers end-to-end gasoline and diesel engine management systems, electrical architecture, and thermal technology solutions to automotive OEMs and commercial vehicle markets. Delphi Automotive’s business operations can be further classified into electrical/electronic architecture segment, powertrain systems segment, electronics and safety segment, and thermal systems segment.
Key products: Fiber optic connectors, Safety restraint systems, and Standard automotive connection systems.
Sumitomo Electric Wiring Systems
Sumitomo Electric Wiring Systems manufactures and sells electric wires and cables and other products. It offers diversified business activities and supports people’s day-to-day lives through its business segments. The company operates through its automotive, environment and energy, industrial materials and others, electronics, and info-communications segments. During March 2014, the company established a joint venture with Hitachi Chemical and Hitachi for epoxy resin molded products used in gas-insulated switchgear and power transmission cable accessories.
Key products: Shielded connectors, High-frequency connectors, and Module connectors.
Japan Aviation Electronics Industry
Japan Aviation Electronics Industry manufactures electrical connectors such as low voltage differential signaling (LVDS), high-definition multimedia interface (HDMI), peripheral component interconnect express (PCIe), and other cables and connectors. The company generates its revenue through three key business segments – connectors, user interface solutions, and aerospace. During November 2015, the company developed the smallest-in-class board-to-board connector with high current compatible power terminals.
Key products: LVDS, HDMI, and PCle.
Other prominent vendors in this market include Amphenol, HIROSE ELECTRIC, Hu Lane Associates, Korea Electric Terminal, Kyocera, Molex, and Rosenberger.
A more detailed analysis is available in the Technavio report, Global Automotive Connectors Market. Technavio also customizes reports by other regions and specific segments upon request.
To read more press releases- click here.
Browse related reports:
- Global Fiber Optic Connectors Market 2016-2020
- Global Filtered Connectors Market 2016-2020
- Continuously Variable Transmissions System Market in APAC 2016-2020
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
