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DUBLIN, Sept. 7, 2015 /PRNewswire/ — Research and Markets (http://www.researchandmarkets.com/research/vmn4c9/automotive) has announced a further of a “Automotive Connector Market in Europe 2015-2019″ news to their offering.
The automotive connector marketplace in Europe marketplace to grow during a CAGR of 7.08% during 2014-2019.
The news covers a benefaction unfolding and a expansion prospects of automotive connector marketplace in Europe for a duration 2015-2019. The marketplace distance has been distributed formed on a income generated from sales of automotive connectors in Europe. We presents 5 pivotal vendors and a minute research of these vendors in a report. We also plead marketplace expansion drivers, hurdles confronting a vendors and a attention as a whole, and pivotal trends rising in a market.
Increased approach for automotive wiring is one of a vital trends approaching to expostulate a automotive connectors marketplace in Europe during a foresee period. Electronic components used in vehicles obligate use of automotive connectors for correct functioning. Automotive wiring paint 30-35% of sum production costs of an automotive. Usage of automotive wiring has increasing since of a flourishing approach for modernized systems such as reward audio systems, modernized motorist assistance systems, on-board evidence systems, infotainment systems, and electronic transmission.
According to a report, a boost in series of accidents in a past few years has protracted approach for modernized reserve systems such as airbags, brakes, and steering. Demand for reserve systems is driven by correspondence of difficult reserve norms for an automotive, implemented by a European Commission. Automotive reserve systems such as seatbelts, airbags, and brakes need a tie complement comprising a servant and reserve patience complement connector. Thus, a flourishing approach for automotive reserve systems has a approach change on approach for automotive connectors. For instance, Delphi provides several reserve patience systems connector solutions for airbags.
Further, a news states that trustworthiness and continuance issues are one of a vital hurdles faced by a automotive connectors marketplace in Europe.
- Delphi Automotive
- Sumitomo Electric Industries
- T.E Connectivity
Other Prominent Vendors
- Alpes Connectique Services
- Bizlink Technologies
- DAA Draexlmaier
- ERNI Electronics
- Hirose Electric
- Honda Tsushin Kogyo
- Hu Lane Associates
- Harting KGaA
- Iriso wiring
- Japan Aviation Electronics
- Korea Electric Terminal
- Otto Dunkel Gmbh
For some-more information revisit http://www.researchandmarkets.com/research/vmn4c9/automotive
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
Article source: http://www.prnewswire.com/news-releases/european-automotive-connector-market-2015-2019-with-delphi-automotive-molex-sumitomo-electric-industries-te-connectivity--yazaki-dominating-300138632.html