The automotive connector market was valued at USD 20.2 billion in 2020 and is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing demand for convenience, connectivity, and safety features in commercial vehicles as well as passenger cars. Advancements in technology have resulted in many features that provide better safety and enhance driving experience.

An electrical connector refers to a device that connects electrical terminations to form a circuit. Electrical connectors comprise of jacks (female-ended) and plugs (male-ended). Automotive connectors form connection in a vehicle similar to connection of blood vessels in a human body.

Automotive connectors comprises of two categories: un-sealed and sealed. Majority of un-sealed connectors are used inside vehicles and sealed connectors are used in engine compartments. Wire to wire connection links two terminal wires to form a circuit. In wire to board connectors, the electrical connections through wire terminals are inserted into the printed circuit boards (PCB) and a circuit is made. A board-to-board connector is used to connect other electric components with PCBs and each terminal of a board-to-board connector is connected to a PCB.

The Covid-19 pandemic had an unpleasant impact on the automotive connector market. The automotive production has been on halt and the demand and supply ware affected. The market suffered significant loss; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

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Market Trends, Drivers, Restraints, and Opportunities
• The rise in safety-related initiatives from government agencies along with safety concerns among consumers has uplifted the demand for a dependable connector in various vehicle systems. For instance, safety systems such as airbags, seatbelts, and brakes used in vehicles require a connection system comprising a retainer and safety restraint system connector. This has a direct influence in driving the growth of the market.
• Rising vehicle electrification among different vehicle segments is propelling the demand for connectors.
• The increasing usage of electronics in other applications, such as advanced and convenient systems, like infotainment and automatic transmissions, which is driving the need for connectors in these systems, thereby, fuelling the market growth of automotive connector.
• Major applications of automotive connector in the powertrain systems along with safety and infotainment systems are projected to propel the market expansion during the forecast period.
• Durability and reliability concerns are some functional challenges that are estimated to impede the growth of the market.
• R&D investment and technological advancement in automotive connector market are expected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the automotive connector market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Market Segment insights

The safety and security segment is projected to constitute a large market share
Based on application, the automotive connector market is segregated into powertrain, comfort, convenience and entertainment, safety and security, body wiring and power distribution, and navigation and instrumentation. The safety and security segment is expected to account for a key share of the market during the forecast period owing to numerous new safety features in vehicles, such as adaptive front lighting, lane departure warning, adaptive cruise control and park assistance initiated through technological advancements.
These functions require a vast number of electronic components, sensors, and ECUs. Several types of connectors are used to establish reliable connectivity between these components. Furthermore, the establishment of machine learning and V2V communication has enhanced vehicle safety. However, navigation and instrumentation segment is anticipated to expand at a rapid pace during the forecast period. Implementation of advanced software such as Android Auto and Apple Carplay and increasing accuracy of GPS-enabled devices has stimulated the use of navigational applications in both commercial and passenger vehicles.

Passenger car segment is expected to register a substantial CAGR
Based on vehicle type, the automotive connector market is divided into passenger car and commercial vehicle. The passenger car segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to increasing sales of cars in developing countries. However, commercial vehicle segment is expected to grow at a robust pace in coming years due to increased stringency in safety regulations for commercial vehicles.

Europe is expected to dominate the market
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is anticipated to expand at a robust CAGR during the forecast period. Increasing inclusion of advanced driver assistant systems (ADAS) in commercial vehicles is anticipated to boost the market growth over the coming years. Furthermore, the European Union has made the inclusion of ADAS features such as autonomous breaking and lane departure warning signal mandatory in heavy commercial vehicle.

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Segments
Segments Covered in the Report: The automotive connector market has been segmented on the basis of:-

Application
• Powertrain
• Comfort
• Convenience and Entertainment
• Safety and Security
• Body Wiring and Power Distribution
• Navigation and Instrumentation
Vehicle Type
• Passenger Car
• Commercial Vehicle
Regions
• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa
Key Companies
• TE Connectivity Ltd
• J.S.T. Mfg. Co. Ltd
• Aptiv PLC
• Amphenol Corporation
• Sumitomo Wiring System

Competitive Landscape
Key players competing in the automotive connector market include TE Connectivity Ltd, J.S.T. Mfg. Co. Ltd, Aptiv PLC, Amphenol Corporation and Sumitomo Wiring System.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instances,
Aptiv PLC provides numerous safety restraint system connector solutions for airbags.

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