DUBLIN–(BUSINESS WIRE)–The “Saudi Arabia Automotive Connectors Market, By Vehicle Type (Passenger Cars and Commercial Vehicles), By Connection Type, By System Type, By Application Type, By Geography, Competition Forecast & Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering.
Saudi Arabia automotive connectors market is anticipated to register significant growth during the forecast period.
The market growth can be attributed to the rising adoption of electric vehicles and the increasing incorporation of advanced features in passenger and commercial vehicles. Automotive connectors comprise sockets and plugs that are used to connect wires, cables, printed circuit boards, integrated circuit packages, batteries, etc., in vehicles.
There has been a rising adoption of automotive connectors for enhancing safety and security features in cars, such as anti-theft alarms, keyless entry, adaptive cruise control, etc. Many automotive manufacturers include lightweight materials for compact vehicle structures to improve fuel efficiency and optimize space.
In 2021, the Saudi government strengthened safety regulations for new cars to be marketed in the Kingdom, which led to the addition of front-seat airbags for passengers, smart braking systems, anti-lock brakes, etc. in cars, which in turn propelled the demand for automotive connectors and is expected to remain a driving factor for Saudi Arabia automotive connectors market.
Automotive manufacturers are developing more advanced automotive connector technology to enhance vehicle design and efficiency, which is expected to boost the Saudi Arabia automotive connectors market. The rising adoption of in-vehicle infotainment systems and advanced navigation systems have increased the utilization of electronic components, which is anticipated to support the growth of the Saudi Arabia automotive connectors market during the forecast period, 2023-2027.
The safety & security segment is expected to dominate the Saudi Arabia automotive connectors market due to rising electrification in vehicles and increasing use of advanced vehicle safety technologies.
Major players operating in the Saudi Arabia automotive connectors market include
- TE Connectivity
- Sumitomo Electric Industries, Ltd.
- Aptiv PLC
- Molex Incorporated
- Omron Corporation
- Samtec, Inc.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Saudi Arabia Automotive Connectors Market, By Vehicle Type:
- Passenger Car
- Commercial Vehicles
Saudi Arabia Automotive Connectors Market, By Connection Type:
- Wire to Wire Connection
- Board to Board Connection
- Wire to Board Connection
Saudi Arabia Automotive Connectors Market, By System Type:
- Sealed Connector System
- Unsealed Connector System
Saudi Arabia Automotive Connectors Market, By Application:
- Body Control & Interiors
- Fuel & Emission Control
- Safety & Security System
- Engine Control & Cooling System
For more information about this report visit https://www.researchandmarkets.com/r/nheo9d
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