The Europe automotive connectors market size reached US$ 5.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 5.1 Billion |
Market Forecast in 2032
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US$ 8.1 Billion |
Market Growth Rate 2024-2032 | 5.3% |
Automotive connectors are devices that transmit electric signals and act as a means of communication between different systems and components. They are used to connect wires, cables, printed circuit boards (PCBs), integrated circuit packages and batteries in automobiles. Presently, the rising demand for monitoring different systems in vehicles is positively influencing the adoption of connectors in Europe.
Due to the growing environmental concerns, governments of several European countries are implementing stringent regulations on carbon emissions from automobiles. This is increasing the sales of hybrid electric vehicles (HEVs), which, in turn, is bolstering the market growth in the region. Apart from this, the rising demand for advanced security features and high-end infotainment and audio systems in automobiles represents another major factor spurring the market growth. However, governments of numerous countries have imposed complete lockdowns to mitigate the spread of the coronavirus disease (COVID-19), which has resulted in supply chain disruptions, temporary closure of various manufacturing units and a decline in the overall sales of automobiles. This has negatively impacted the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe automotive connectors market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on connection type, connector type, system type, vehicle type and application.
Breakup by Connection Type:
Breakup by Connector Type:
Breakup by System Type:
Breakup by Vehicle Type:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Connection Type, Connector Type, System Type, Vehicle Type, Application, Country |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The Europe automotive connectors market was valued at US$ 5.1 Billion in 2023.
We expect the Europe automotive connectors market to exhibit a CAGR of 5.3% during 2024-2032.
The rising demand for Hybrid Electric Vehicles (HEVs), along with the increasing integration of automotive connectors with advanced security features and high-end infotainment and audio systems, is primarily driving the Europe automotive connectors market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several European nations, resulting in the temporary closure of numerous manufacturing units for automotive connectors.
Based on the connection type, the Europe automotive connectors market can be segmented into wire to wire connection, wire to board connection, and board to board connection. Currently, wire to board connection holds the majority of the total market share.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain, and others.