Global Automotive Connectors Market to Reach USD 22.8 Billion by 2033, Bolstered by the Rising Demand for Electric Vehicles

January 07, 2025 | Automotive Industry

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The latest report by IMARC Group, titled “Automotive Connectors Market Report by Connection Type (Wire to Wire Connection, Wire to Board Connection, Board to Board Connection), Connector Type (PCB Connectors, IC Connectors, RF Connectors, Fiber Optic Connectors, and Others), System Type (Sealed Connector System, Unsealed Connector System), Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles), Application (Body Control and Interiors, Safety and Security System, Engine Control and Cooling System, Fuel and Emission Control, Infotainment, Navigation & Instrumentation, and Others), and Region 2025-2033,” finds that the global automotive connectors market size reached USD 14.1 Billion in 2024. Automotive connectors are electrochemical devices used for connecting and disconnecting electrical lines and prefabricated parts to the given wiring harness. They play a crucial role in adequate power distribution to various components. Automotive connectors are generally designed to withstand high and low temperatures, dirt, and wear and tear. They also connect electric terminals to make a complete circuit and ensure that the electronics and safety gadgets communicate and navigate effectively. These connectors also integrate advanced functions into the vehicle and ensure that components receive correct power distribution. As a result, automotive connectors find application in advanced safety and security features such as anti-theft alarms, adaptive cruise control, keyless entry, and auto emergency braking systems.

Global Automotive Connectors Market Trends:

The market is primarily driven by the rising demand for connectivity, convenience, and safety features in passenger as well as commercial vehicles. Connectors are placed under the hood of automobiles as they have the capacity to withstand high and sub-zero temperatures and shocks. They also aid in avoiding fatal accidents and provide greater levels of security. Besides this, the increasing electrification among different vehicle segments is also fueling the market growth. In addition to this, the growing awareness regarding eco-friendly mobility is facilitating the sales of electric vehicles, which has propelled the demand for automotive connectors. Furthermore, the effective functioning of plastic optical fiber (POF), which replaces copper cables, improves data transmission and design flexibility, is also significantly influencing the market growth. Looking forward, the market value is expected to reach USD 22.8 Billion by 2033, exhibiting a CAGR of 5.26% during the forecast period (2025-2033).

Market Summary:

Based on the connection type, the market has been segmented into wire to wire, wire to board, and board to board connections.
On the basis of the connector type, the market has been classified into PCB, IC, RF, fiber optics, and other connectors.
The market has been bifurcated based on the system type into sealed and unsealed connector system.
On the basis of the vehicle type, the market has been segregated into passenger cars, commercial vehicles (light and heavy commercial vehicles), and electric vehicles.
Based on the application, the market has been categorized into body control and interiors, safety and security system, engine control and cooling system, fuel and emission control, infotainment, navigation and instrument, and others.
Region-wise, the market has been divided into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the market has been examined, with some of the key players being Amphenol Corporation, Aptiv (Formerly Delphi Automotive PLC), Hirose Electric Co. Ltd., Hu Lane Associate Inc., J.S.T. Mfg. Co. Ltd., Japan Aviation Electronics Industry Ltd., Korea Electric Terminal Co. Ltd., KYOCERA AVX Components Corporation, Lumberg Holding, Luxshare Precision, Molex LLC (Koch Industries Inc.), Rosenberger, Samtec, Sumitomo Electric Industries Ltd., TE Connectivity and Yazaki Corporation.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Connection Type, Connector Type, System Type, Vehicle Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Amphenol Corporation, Aptiv (Formerly Delphi Automotive PLC), Hirose Electric Co. Ltd., Hu Lane Associate Inc., J.S.T. Mfg. Co. Ltd., Japan Aviation Electronics Industry Ltd., Korea Electric Terminal Co. Ltd., KYOCERA AVX Components Corporation, Lumberg Holding, Luxshare Precision, Molex LLC (Koch Industries Inc.), Rosenberger, Samtec, Sumitomo Electric Industries Ltd., TE Connectivity and Yazaki Corporation
Customization Scope	10% Free Customization
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)

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Global Automotive Connectors Market to Reach USD 22.8 Billion by 2033, Bolstered by the Rising Demand for Electric Vehicles

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