Global Automotive Connectors Market 2015-2019 with Delphi Automotive, Sumitomo Electric Wiring Systems, TE Connectivity & Yazaki Dominating

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Mar 24, 2015, 02:14 ET

DUBLIN, Mar. 24, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/7fgs6s/global_automotive) has announced the addition of the "Global Automotive Connectors Market 2015-2019" report to their offering.

The Global Automotive Connectors market to grow at a CAGR of 7.99% over the period 2014-2019

The report, the Global Automotive Connectors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automotive Connectors market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

A connector is an electro-mechanical component used for connecting electrical circuits. Connectors are used in the production of vehicles and automotive components, defense vehicles, marine equipment, airplanes, automation and control equipment, telecom devices, and many more. In the Automotive industry, connectors are used in the automotive wiring harness to connect electrical devices and wires.

The growing adoption of automotive electronics is a key trend, which is expected to boost the market growth during the forecast period. With the increasing demand for comfort and convenience, advanced driver assistance systems and infotainment systems among consumers, automotive electronics are expected to gain popularity.

According to the report, rise in demand for automotive wiring harness in automobiles is the foremost driver that is expected to have a positive impact on the market. Recently, the electronic content in vehicles has been increasing because of the growing demand for advanced and intelligent features such as safety solutions, driving assistance systems and infotainment.

Further, the report states that growing reliability and durability issues of automotive connectors pose a major challenge to the market. Automotive connectors are essential for proper functioning of electronic devices installed in vehicles and any failure in these devices can lead to serious casualties.

The Global Automotive Connectors market can be divided into four segments: