According to the latest report by IMARC Group, titled “Latin America Automotive Connectors Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the Latin America automotive connectors market is currently witnessing moderate growth and is expected to continue its moderate growth during the forecast period (2020-2025).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Automotive connectors are electrochemical elements that are largely used to transmit electric signals from power sources to electronic equipment. The connectors join the electric terminals to form a complete circuit and ensure navigation and communication between the safety and electronic devices of an automobile. They connect actuators, sensors, speakers, control units, external amplifiers, satellite navigation systems, and CD decks. Automotive connectors are therefore extensively used to implement advanced security and safety features, such as adaptive cruise control (ACC), anti-theft alarms, keyless entry, and auto emergency braking systems.
The Latin America automotive connectors market is primarily driven by the incorporation of advanced security features in automobiles and rising sales of luxury cars and electric vehicles (EVs). In addition to this, the rising safety concerns and the surging demand for advanced safety solutions, such as tire-pressure monitoring systems (TPMS) and electronic stability control (ESC), are other growth-inducing factors. Moreover, the development of lightweight and compact wiring systems and the rising adoption of hybrid vehicles are factors positively driving the market across Latin America.
Latin America Automotive Connectors Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the latin america automotive connectors market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the latin america automotive connectors market on the basis of connection type, connector type, system type, vehicle type, application and country.
Breakup by Connection Type:
- Wire to Wire Connection
- Wire to Board Connection
- Board to Board Connection
Breakup by Connector Type:
- PCB Connectors
- IC Connectors
- RF Connectors
- Fiber Optic Connectors
- Others
Breakup by System Type:
- Sealed Connector System
- Unsealed Connector System
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
- Electric Vehicles
Breakup by Application:
- Body Control and Interiors
- Safety and Security System
- Engine Control and Cooling System
- Fuel and Emission Control
- Infotainment
- Navigation & Instrumentation
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/latin-america-automotive-connectors-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Industry Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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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.
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