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According to IMARC Group’s latest report, titled “Automotive Connectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 12.1 Billion in 2021. Automotive connectors refer to electrochemical elements that are primarily adopted to attach various electrical circuits. These connectors assist in joining the head unit to the power supply, volume controls, special automobile components, switches, etc. Automotive connectors integrate advanced security and safety features, including anti-theft alarms, keyless entry, adaptive cruise control, auto emergency braking systems, etc.
Request for a PDF sample of this report: https://www.imarcgroup.com/automotive-connectors-market/requestsample The expanding automobile sector, increasing levels of urbanization, and improving consumer living standards are driving the global automotive connector market. Furthermore, the rising prominence of high-end infotainment and audio systems is augmenting the adoption of electronic components, which is contributing to the market growth. Additionally, the emergence of hybrid and autonomous vehicles with numerous innovative features, such as park assistance and departure warning systems, and adaptive front lighting, is providing a thrust to the global market. Moreover, several regional manufacturers are utilizing heat-resistant and lightweight materials for wiring harnesses, which is expected to cater to the global automotive connector market over the forecasted period. Looking forward, IMARC Group expects the market to reach US$ 16.7 Billion by 2027, exhibiting at a CAGR of 5.94% during 2022-2027. Checkout Now: https://www.imarcgroup.com/checkout?id=2073&method=1 As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic. Global Automotive Connector Market Can Be Segmented as:- Competitive Landscape with Key Players:
We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours. Key highlights of the report:
About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US: IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA - Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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