The global automotive connectors market revenue is expected to expand at a lucrative CAGR over the forecast period. Rising demand for electric vehicles across the globe owing to rising fuel prices and vehicle emissions is expected to drive revenue growth of automotive connectors market.

The global automotive connectors market report has been segmented on the basis of product type, application, vehicle type, and region.

On the basis of product type, the global automotive connectors market has been segmented into printed circuit board, integrated circuit, radio frequency, fiber optics, and others (application-specific connectors and heavy-duty connectors). The integrated circuit segment is expected to grow at moderate CAGR over the forecast period.

On the basis of application, the global market has been segmented into powertrain, body wiring & power distribution, safety and security, comfort, convenience, and entertainment (CCE), and navigation & instrumentation. The safety and security segment is expected to hold a major revenue share in the target market. Increasing adoption of new security features is expected to boost revenue growth of this segment.

On the basis of vehicle type, the global target market has been segmented into passenger cars and commercial vehicles. The commercial vehicles segment is expected to witness moderate growth rate over the forecast period. Growing transportation industry developing in countries such as China, India, Argentina, Brazil, Germany, and Vietnam is expected to support revenue growth of this segment over the forecast period.

Request for the Sample Report Here: https://marketresearch.biz/report/automotive-connectors-market/request-sample/

On the basis of region, the global automotive connectors market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market is expected to grow at a steady rate over the forecast period. Increasing production of automobiles in countries in the region is expected to drive revenue growth of North America automotive connectors market. Moreover, rising demand for automobile electrification in the US and Canada is expected to support revenue growth of North America automotive connectors market.

Key players operating in the global automotive connectors market include Yazaki Corporation, Sumitomo Electric Industries, Ltd., TE Connectivity Ltd., Amphenol Corporation, Molex, LLC, Japan Aviation Electronics Industry, Ltd., Hirose Electric Co., Ltd., AVX Corporation, KYOCERA Corporation, and ERNI International AG.