The Europe automotive connectors market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
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.
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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.
Key Market Segmentation:
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 2023-2028. Our report has categorized the market based on connection type, connector type, system type, vehicle type and application.
Breakup by Connection Type:
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Wire to Wire Connection
Wire to Board Connection
Board to Board Connection
Breakup by Connector Type:
PCB Connectors
IC Connectors
RF Connectors
Fiber Optic Connectors
Others
Breakup by System Type:
Sealed Connector System
Unsealed Connector System
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Breakup by Application:
Body Control and Interiors
Safety and Security System
Engine Control and Cooling System
Fuel and Emission Control
Infotainment
Navigation & Instrumentation
Others
Breakup by Country:
Germany
France
United Kingdom
Italy
Spain
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2022
Historical Period
2017-2022
Forecast Period
2023-2028
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$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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)
Key Questions Answered in This Report
The Europe automotive connectors market was valued at US$ 4.7 Billion in 2022.
We expect the Europe automotive connectors market to exhibit a CAGR of 6.4% during 2023-2028.
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.
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