The automotive connector market continues to expand and diversify as the electronic content in cars increases. A new report by Bishop & Associates takes a closer look.
By Bishop & Associates, Inc. automotive connector market
The worldwide automotive connector market grew at an average CAGR of 5.5% over the five-year period 2014 through 2019 to $16.1 billion. Overall growth in connector demand was driven by an overall vehicle production growth rate of 1.9% per year, an increase in vehicle electronics, primarily infotainment and ADAS, and a significant growth in the production of electri