Infinium Global Research Automotive Connectors Market | Page 9

Automotive Connectors Market: Global Industry Analysis, Trends, Market Size and Forecasts
Up To 2023
growth over the upcoming years. A major opportunity in automotive connectors is the
increasing acceptance of hybrid and electric vehicles across the world. Moreover, increasing
price of fuel has led to increase in demand for hybrid and fuel-efficient vehicles which are
expected to create opportunity for the growth of global automotive connectors market.
Major firms operating in the automotive connectors market are Amphenol, Delphi
Automotive, and Sumitomo Electric. TE connectivity Ltd has completed the acquisition of
Hirschman Car Communication for vehicle connection and connectivity.
Among the geographies, Asia Pacific is expected to be the largest growing region with
54.39% automotive connector in 2016 followed by Europe. Germany is a noticeable market
and is the largest automotive market in Europe. The rising disposable income and adoption
of electric vehicles in emerging economies are expected to drive the growth of automotive
connectors market over Asia Pacific regions. The leading players in the global automotive
connectors market include Yazaki Corporation, Sumitomo Electric Industries Ltd., Amphenol
Corporation, Japan Aviation Electronics Industry, Ltd., TE Connectivity, Delphi Automotive,
Molex Incorporated, JST Mfg. Co., Ltd., Foxconn Technology Group, and Hirose Electric Co.,
Ltd.o., Ltd.
Global Automotive connectors Market Projection
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