Automotive Connectors Market
The market for Automotive Connectors was estimated at $7.7 billion in 2024; it is anticipated to increase to $13.1 billion by 2030, with projections indicating growth to around $20.6 billion by 2035.
Global Automotive Connectors Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Automotive Connectors industry revenue is expected to be around $8.4 billion in 2025 and expected to showcase growth with 9.4% CAGR between 2025 and 2034.
Leveraging a variety of shapes and sizes for forms and contact pins well as different housing styles; automotive connectors support crucial electrical links inside a vehicle to enable smooth communication among different automotive componentsystems. rms Recent developments highlight two factors influencing the market significantly. The increasing use of vehicle telematics and intelligent transport systems; along with the transition, towards electric and hybrid vehicles.
Market Key Insights
The Automotive Connectors market is projected to grow from $7.7 billion in 2024 to $18.8 billion in 2034. This represents a CAGR of 9.4%, reflecting rising demand across Vehicle Infotainment Systems, Powertrain and Engine Control, and Electric Vehicles (EVs).
TE Connectivity, Yazaki Corporation, Sumitomo Electric Industries are among the leading players in this market, shaping its competitive landscape.
U.S. and Germany are the top markets within the Automotive Connectors market and are expected to observe the growth CAGR of 6.9% to 9.9% between 2024 and 2030.
Emerging markets including India, Brazil and Mexico are expected to observe highest growth with CAGR ranging between 9.0% to 11.8%.
Transition like Electrification of Vehicles is expected to add $446 million to the Automotive Connectors market growth by 2030.
The Automotive Connectors market is set to add $11.1 billion between 2024 and 2034, with manufacturer targeting Safety & Security & Body Wiring & Power Distribution Application projected to gain a larger market share.
With
emergence of advanced safety features, and
Electrification of Vehicles, Automotive Connectors market to expand 146% between 2024 and 2034.
Opportunities in the Automotive Connectors
Growth Opportunities in North America and Europe
Market Dynamics and Supply Chain
Driver: Emergence of Advanced Safety Features, and Rise of Autonomous Vehicles
Restraint: Fluctuating Raw Material Prices
Opportunity: Integration of Connected Car Technology
Challenge: Stricter Environmental Regulations
Supply Chain Landscape
Raw Material Procurement
Component Manufacturing
Automotive Connector Assembly
End Users
Raw Material Procurement
Component Manufacturing
Automotive Connector Assembly
End Users
Use Cases of Automotive Connectors in Vehicle Infotainment Systems & Powertrain
Recent Developments
The Automotive Connectors market experienced changes due to shifts in the worldwide automotive sector as a whole. Technological progressions in vehicle design and changing consumer preferences have played a role, in reshaping the market scene. A key trend observed today is the increasing adoption of electric vehicles .