The automotive board to board connector market size is expected to reach US$ 3.92 billion by 2031 from US$ 2.37 billion in 2023. The market is estimated to record a CAGR of 6.5% during 2023–2031. Miniaturization in automotive board to board connectors is likely to remain a key market trend during the forecast period.
Automotive Board to Board Connector Market Analysis
With the increasing integration of electronic systems in vehicles ranging from infotainment and telematics to advanced driver-assistance systems (ADAS) and electric vehicles (EV), power management automotive Board to board connectors have become a crucial component within the automotive industry. These connectors link different circuit boards, providing a secure interface for signal transmission, power delivery, and data exchange. Board to board connectors are essential for ensuring that components such as sensors, controllers, power distribution units, and communication modules work together cohesively within the vehicle's ecosystem. Thus, the automotive board to board connector market is expected to grow during the forecast period.
Automotive Board to Board Connector Market Overview
Automotive Board to board connectors are critical components that facilitate communication and power transfer between different circuit boards within automotive electronic systems. These connectors enable the seamless integration of various electrical and electronic modules, supporting the ever-growing complexity and functionality of modern vehicles. As the automotive industry moves toward more connected, electrified, and autonomous vehicles, the demand for high-performance, reliable, and compact board to board connectors has increased.
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Automotive Board to Board Connector Market Drivers and Opportunities
Growing Electric Vehicles Industry
The electrification of vehicles and the rise of electric vehicles (EVs) are driving the demand for advanced interconnection solutions, including board-to-board connectors. Board-to-board connectors are at the core of automotive systems, enabling power distribution, data transfer, and communication across various subsystems in the vehicle, from battery management and powertrains to charging infrastructure and auxiliary systems. As EVs transition from traditional internal combustion engine (ICE) vehicles, the complexity of their electrical systems has increased. These systems require reliable, efficient, and robust connectors to ensure the proper functioning of key vehicle components, particularly in powertrain, battery management, and charging systems. Thus, the electrification of vehicles is fundamentally changing the way automotive systems are designed and interconnected. As EVs are evolving, they are becoming more reliant on advanced electronic systems that require high-performance, reliable, and compact interconnection solutions driving the market growth.
Growing Adoption of IoT and Edge Computing in Automotive Industry
Automotive IoT is a critical component of connected automobile technology, allowing cars to communicate with other vehicles, pedestrians, and road infrastructure, among others, resulting in improved road safety and traffic efficiency. This necessitates high-speed data transmission to handle the growing volume of information efficiently. Automotive board to board connectors play a crucial role in facilitating this rapid data flow. The need for automotive board to board connectors to facilitate interconnection between devices, sensors, and edge computing modules is expected to be propelled by the growing usage of IoT devices and edge computing solutions. This provides low power consumption and secure connections for IoT and edge computing applications. Automotive board to board connectors allow processing units, actuators, and sensors to be connected, facilitating effective data transfer and decision-making at the network's edge. Thus, the IoT, along with other disruptive technologies, is expected to transform the automotive industry and create lucrative opportunities during the forecast period.
Automotive Board to Board Connector Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive board to board connector market analysis are deployment mode, organization size, and industry.
- Based on type, the market is segmented into pin headers, socket, floating connector, and card edge connector. The pin headers segment held the largest market share in 2023.
- By application, the market is divided into powertrain control systems, infotainment and navigation systems, Advanced Driver Assistance Systems (ADAS), Electric Vehicles (EV) and hybrid vehicle systems, lighting control systems, autonomous vehicles, and others. The powertrain control systems segment held the largest Automotive Board to Board Connector market share in 2023.
- In terms of pitch, the market is segmented into less than 1 mm, 1–2 mm, and more than 2 mm. The 1–2 mm segment held the largest share in the automotive board to board connector market in 2023.
- Based on number of pin, the market is divided into 2–12 Pins, 13–30 Pins, 31–50 Pins, 51–100 Pins, and 100+ Pins. The 2–12 pin segment held the largest share in the automotive board to board connector market in 2023.
Automotive Board to Board Connector Market Share Analysis by Geography
The Automotive Board to Board Connector market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2023, followed by Europe and North America.
Asia Pacific is witnessing rapid advancements in automotive electronics, particularly in autonomous driving, connected vehicles, and advanced infotainment systems. Board to board connectors are vital for linking various electronic components within these systems, providing high-speed data transmission, and ensuring the integrity of critical communication across PCBs. Moreover, the growing investment in smart cities and rising infrastructure projects in countries such as China and India are driving demand for connected automotive technologies. Features such as vehicle-to-everything (V2X) communication and real-time data exchange necessitate advanced connectors to handle high data throughput and ensure reliable vehicle connectivity.
Europe has some of the world's most stringent automotive safety and environmental regulations, including the EU's commitment to carbon neutrality and stricter safety standards. As automakers strive to meet these regulatory requirements, the demand for high-performance, reliable connectors increases, particularly in safety-critical applications such as ADAS, infotainment, and vehicle electrification. Moreover, Europe's automotive industry is embracing Industry 4.0 technologies, including automation, AI, and robotics, to enhance production efficiency. Board to board connectors are essential for ensuring seamless communications between these automated systems, driving the automotive board to board connector market growth.
Automotive Board to Board Connector Market Regional Insights
The regional trends and factors influencing the Automotive Board to Board Connector Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automotive Board to Board Connector Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Automotive Board to Board Connector Market
Automotive Board to Board Connector Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.37 Billion |
Market Size by 2031 | US$ 3.92 Billion |
Global CAGR (2023 - 2031) | 6.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Board to Board Connector Market Players Density: Understanding Its Impact on Business Dynamics
The Automotive Board to Board Connector Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Automotive Board to Board Connector Market are:
- Amphenol Communications Solutions
- GREENCONN Co., Ltd.
- Yamaichi Electronics Co., Ltd.
- Molex LLC
- Japan Aviation Electronics Industry, Ltd.
- Hirose Electric Co Ltd.
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Automotive Board to Board Connector Market top key players overview
Automotive Board to Board Connector Market News and Recent Developments
The automotive board to board connector market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Automotive Board to Board Connector market are listed below:
- JAE expanded possible applications for its lineup of highly successful ICT (information communication technology) connectors, originally developed for devices such as PCs and smartphones, by testing them to automotive specifications. These connectors have outstanding performance in key areas, including high-speed communication, space-saving, and reliability. The first set of automotive spec-tested connectors to be announced are the board to board connectors of the WP26DK Series and the USB Type-C (*1) connectors of the DX07 Series. (Source: JAE, Press Release, March 2024)
- Molex announced the commercial availability of the Molex Quad-Row Board to Board Connectors, featuring the industry's first staggered-circuit arrangement and save 30% more space than standard connector designs. These patent-pending connectors give product developers and device makers more freedom and flexibility in supporting tiny form factors, including smartphones, smartwatches, wearables, game consoles, and Augmented Reality/Virtual Reality (AR/VR) devices. (Source: Molex, Press Release, July 2022)
Automotive Board to Board Connector Market Report Coverage and Deliverables
The "Automotive Board to Board Connector Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Automotive Board to Board Connector market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive Board to Board Connector market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Automotive Board to Board Connector market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Automotive Board to Board Connector market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The automotive board to board connectors market is expected to reach US$ 3.91 billion by 2031.
The global automotive board to board connectors market was estimated to be USD 2.37 billion in 2023 and is expected to grow at a CAGR of 6.5 %, during the forecast period 2024 - 2031.
The growing electric vehicles industry and increasing electronics and infotainment systems in automotive sector are the factors driving the automotive board to board connectors market growth.
The pin header segment led the automotive board to board connectors market with a significant share in 2023.
The key players, holding majority shares, in automotive board to board connectors market includes Amphenol Communications Solutions, Molex LLC, Japan Aviation Electronics Industry, Ltd., Hirose Electric Co Ltd., and KYOCERA Corporation.
The miniaturization in automotive board to board connectors are the major future trends for the global automotive board to board connectors market.
APAC is anticipated to grow with the highest CAGR over the forecast period.
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The List of Companies - Automotive Board To Board Connector Market
- 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.
- CSCONN Corporation