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The Latin America automotive connectors market is currently witnessing moderate growth. Automotive connectors are used to transmit electric signals from power source to electronic equipment. These connectors act as a medium of communication between different systems and components. They connect sensors, actuators, control units, speakers, remote control, external amplifiers, CD decks and satellite navigation systems. Besides this, as they attach the head unit to volume controls, power supply, switches and other automobile components, they are used to implement advanced safety and security features, such as anti-theft alarms, adaptive cruise control (ACC), keyless entry and auto emergency braking systems, in automobiles.
The automotive connectors market in Latin America is experiencing growth on account of the increasing sales of luxury cars and the rising trend of autonomous vehicles. Moreover, the escalating demand for high-end infotainment and navigation systems is bolstering the market growth. Furthermore, due to the increasing safety concerns, the demand for advanced solutions, such as electronic stability control (ESC), tire-pressure monitoring system (TPMS) and steering roll connectors (SRC), is increasing in automobiles. Furthermore, key players are developing compact and lightweight wiring systems, which is expected to drive the market in the coming years. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America automotive connectors market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, 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.
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