DUBLIN--(BUSINESS WIRE)--The "Global Commercial Vehicle Connectors Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global commercial vehicle connectors market to grow at a CAGR of 7.33% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is derating wire harnesses to reduce weight and heat. The rising electronic applications in the vehicle has increased the complexity of wire harnessing as the number of wires in single wire harness has increased, coupled with supporting equipment, such as clamp and connectors. Therefore, derating of wire harnesses is done to achieve a good balance between weight reduction and heat reduction. The connectors play an important role in derating the wire harnesses as a smaller connector is required to reduce the total footprint of the harness and allow more circuits to run through footprint.
According to the report, one of the major drivers for this market is increasing electronic applications in commercial vehicles. In the recent past, the electrification of mechanical components became crucial trend in the passenger car segment. Same is being witnessed in commercial vehicles segment, thus paving the way for the adoption of advanced assistance system in commercial vehicles for optimization. As a result, fleet management solutions are witnessing growing demand worldwide. Additionally, the demand for navigation, safety, comfort, and content is driving the adoption of electrical distribution systems in commercial vehicles. To enable telematics and infotainment system in CVs, the demand for high-speed wiring, connectors, and other electronic technologies is increasing.
Further, the report states that one of the major factors hindering the growth of this market is frequent change in market dynamics leading to shorter product life cycle.
- TE Connectivity
- Sumitomo Electric Industries
- Delphi Automotive
Other Prominent Vendors
- NORMA Group
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by Vehicle Type
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/sqvfq7/global_commercial?w=4