According to our latest study, "Automotive Board to Board Connector Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Type, Application, Pitch, and Number of Pins," the market was valued at US$ 2.37 billion in 2023 and is expected to reach US$ 3.92 billion by 2031; it is estimated to record aCAGR of 6.5% during 2023–2031. The report includes growth prospects owing to the current automotive board to board connector market trends and their foreseeable impact during the forecast period. The automotive board to board connector market market report emphasizes the key factors driving the market and showcases/exhibits/depicts the developments of prominent players.
Several companies are engaged in investing in new technologies in infotainment systems. For instance, in June 2023,Nvidia Corp and MediaTek Inc announced to team up on technology to power advanced vehicle infotainment systems that are able to stream video or games or use artificial intelligence to interact with drivers. In addition, in January 2023, Garmin announced the plan to demonstrate their latest in-cabin solutions for the automotive original equipment manufacturer (OEM) at CES 2023 with the importance of technologies that unify multiple domains, touchscreens, wireless devices on a single system-on-chip (SoC). Featuring four infotainment touchscreens, an instrument cluster, wireless headphones, a cabin monitoring system, smartphones, wireless gaming controllers, and several entertainment options, powered by a single Garmin multi-domain computing module. Thus, the increasing complexity and data demands of modern automotive electronics and infotainment systems necessitate the use of automotive board to board connectors. These connectors enable faster data transfer, seamless feature integration, and weight reduction, making them a critical component in the evolution of the automotive industry.
Source: The Insight Partners Analysis
Amphenol Communications Solutions, GREENCONN Co., Ltd.; Yamaichi Electronics Co., Ltd.; Molex LLC; Japan Aviation Electronics Industry, Ltd.; Hirose Electric Co Ltd.; Samtec Inc.; KYOCERA Corporation; ENNOVI Holdings Pte. Ltd.; and CSCONN Corporation are among key automotive board to board connector market players. Several other major players were also studied and analyzed during the market study to get a holistic view of the market and its ecosystem.
The report includes the automotive board to board connector market forecast by type, application, pitch, and number of pins. Based on type, the automotive board to board connector market has been segmented into pin headers, socket, floating connector, and card edge connector. The pin headers segment held the largest automotive board to board connector market share in 2023. A pin header connector is a versatile, cost-effective component used for creating reliable electrical connections in a variety of electronic products used within automotive systems. It typically features a row of metal pins,i.e., male connectors, arranged on a single header and are designed to mate with corresponding female connectors or sockets. Pin header connectors are crucial in facilitating modular connections, allowing easy assembly, maintenance, and upgradation of electronic systems. Applications of these connectors range from simple data transmission to more complex signal or power transfer, making them essential for both prototyping and mass production in the electronics manufacturing industry.
The scope of the automotive board to board connector market report focuses on North America (US, Canada, and Mexico), Europe (Spain, UK, Germany, France, Italy, and Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Taiwan, and Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia,UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). Asia Pacific dominated the market in 2023, followed by Europe and North America.
The automotive board to board connector market growth in North America is driven by the increasing integration of electronics in vehicles, from advanced driver assistance systems (ADAS) to infotainment and autonomous driving technologies. This integration fuels the demand for high-performance, compact, and reliable connectors. Board-to-board connectors are known for their ability to connect multiple electronic components on a single PCB. Additionally, the automotive industry's emphasis on improving fuel efficiency and reducing emissions leads to the integration of electronic systems, such as engine control units and power management modules. These advancements fuel the demand for high-quality board-to-board connectors to withstand harsh operating conditions typically encountered in automotive applications, driving the market share.
Germany, France, and the UK are the prime contributors to the automotive board to board connector market in Europe. Germany, as one of the world's leading automotive manufacturers, plays a pivotal role in driving the global demand for automotive board to board connectors. The country's robust automotive sector is undergoing a significant transformation, with a strong shift toward electric mobility, driven by both government regulations and consumer demand. In addition to theEV revolution, Germany's automotive industry continues to lead in the development and adoption of advanced technologies such as autonomous vehicles, advanced driver assistance systems (ADAS), and connected car technologies. As per the CEIC data, motor vehicle sales in Germany recorded 2,963,748 units in 2022 and 3,204,298 units in Dec 2023.
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