India Automotive Connectors Market By Vehicle Type, By Connection Type, By System Type, By Application Type, By Company and By Geography, Forecast & Opportunities, 2025
India Automotive Connectors Market By Vehicle Type (Passenger Cars and Commercial Vehicles), By Connection Type (Wire to Wire Connection, Board to Board Connection and Wire to Board Connection), By System Type (Sealed Connector System and Unsealed Connector System), By Application Type (Body Control and Interiors, Fuel and Emission Control, Safety and Security System, Engine Control & Cooling System), By Company and By Geography, Forecast & Opportunities, 2025.
India automotive connectors market is projected to grow at a strong CAGR during the forecast period owing to growing demand for vehicle electrification, growing demand for light weight vehicles and safety features in the vehicles. In 2016, the government of India pushed manufacturers to increase road safety and alerts them to include airbags, antilock braking (ABS) and speed warning systems as standard equipment in all cars from October 2018 which increases the demand for safety systems in the automobiles. This move is a step forward to reduce road accidents and casualties by the Indian government.
Based on connection type, due to rise in demand for automotive safety systems and increase in the number of electronic components, wire to board connection segment held the largest market share in automotive connector market in 2019. Furthermore, increasing number of road fatalities has forced the manufacturers to invest more on automotive safety features and components. Moreover, increasing price of fuel has led to increase in demand for hybrid and fuel-efficient vehicles which is expected to boost the growth of India automotive connectors market through 2025.
Some of the major players operating in India Automotive Connectors Market are Delphi Automotive, Sumitomo Electric Industries Ltd., Molex Incorporated, Yazaki Corporation, Japan Aviation Electronics Industry, Ltd., JST Mfg. Co., Ltd., AVX Corporation, Amphenol Corporation, Hirose Electric Co.,Ltd, Foxconn Technology Group etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across India.
TechSci Research calculated the market size of India Automotive Connectors Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, India Automotive Connectors Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Wire to Wire Connection
Board to Board Connection
Wire to Board Connection
Sealed Connector System
Unsealed Connector System
Body Control & Interiors
Fuel & Emission Control
Safety & Security System
Engine Control & Cooling System
Company Profiles: Detailed analysis of the major companies present in Automotive Connectors Market.
With the given market data, TechSci Research offers customizations according the company's specific needs. The following customization options are available for the report:
Profit Margin Analysis