Global Automotive Connector Market
Automotive Connector Market Size And Forecast
According to Verified Market Research, the Global Automotive Connector Market was valued at USD 4.74 Billion in 2018 and is projected to reach USD 8.05 Billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026.
Global Automotive Connector Market Outlook
The trend of the adoption of Automotive Connectors among people is increasing owing to the increasing demand for the electrification in the vehicles. In addition, the growing need for the automobiles in response, increases its production and thereby led to imposing positive factor on the market growth. Moreover, the rising demand for the fuel-efficient and automotive safety system are fueling the growth of the market. However, the concerns related to the reliability and durability is expected to hamper the growth of the market.
Global Automotive Connector Market Competitive Landscape
The Global Automotive Connector Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Japan Aviation Electronics Industry, Ltd., Amphenol Corporation, Yazaki Corporation, Sumitomo Electric, TE Connectivity, Delphi Automotive, Molex Incorporated, Foxconn Technology Group (Hon Hai Precision Industry Co., Ltd.), Hirose Electric Co.,Ltd.,and AVX Corporation.
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