Worldwide Automotive Steering Roll Connectors Market Forecast & Future Industry Trends 2021

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Strategic Assessment of Worldwide Automotive
Steering Roll Connectors Market Forecast Till
2021
Published Date 03 November, 2016 No of
Pages 164 Single User Price 2995
Strategic Assessment of Worldwide Automotive
Steering Roll Connectors Market Future Forecast
Trends 2021
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• Automotive Steering Roll Connectors Market
  Report Insights
• A connector is a device that carries electricity
  or electronic signals and connects the internal
  controls of a machine to the I/O part of an
  electronic or electrical device.
• They form a medium of communication among
  different components and systems by connecting
  electric circuits with each other.
• Connectors are widely used in automotive
  industry. Among various connectors, steering roll
  connectors (SRC) also known as clock spring is
  one of the commonly used connector in the
  automotive industry.
• Steering roll connectors are placed on the
  steering column just below the steering wheel of
  the vehicle.
• They are a rotatable connectors which
  electrically connects the steering wheel-mounted
  electric controls with the vehicle body, which
  transmits signals and supplies power from the
  vehicle body to the components mounted on the
  steering wheel.

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• Worldwide Automotive Steering Roll Connectors
  research report covers the present scenario and
  the growth prospects of the Automotive Steering
  Roll Connectors Market for the period 2015-2021.
  This market research report includes a detailed
  market segmentation of the Automotive Steering
  Roll Connectors by
• By End-market Type
• OEM (Original Equipment Manufacturers)
• Aftermarket
• By Vehicle Type
• Passenger Cars
• Heavy Commercial Vehicles
• Light Commercial Vehicles

• By Geographic Region
• North America
• APAC
• Europe
• Latin America
• Middle East

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• Automotive Steering Roll Connectors Drivers and
  Trends
• This market research report provides market
  overview of the factors driving and restraining
  the growth of the market.
• The report also outlines the key trends emerging
  in the market that will contribute to the growth
  of Worldwide Automotive Steering Roll Connectors
  market during the forecast period.
• The factors driving the growth of the market
  include Adoption of infotainment systems in high
  volume mid segment vehicles.
• Features such as connected vehicles using
  telematics and high-end infotainment systems were
  a feature common to luxury or high-end vehicles
  until the recent past.
• However, the stiff competition in the mid-segment
  vehicles has forced OEMs to introduce these
  features in mass mid-segment vehicles such as
  hatchbacks and light commercial vehicles which
  include pick-up trucks.
• In the past couple of years, various OEMs and
  electronics suppliers in the automotive industry
  have actively invested in exploring means of cost
  reduction of these systems enabling them to be
  integrated to smaller cars and commercial
  vehicles.

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• Leading to increasing steering mounted electronic
  controls for various infotainment functions such
  as audio controls.
• This will drive the steering roll connectors
  demand among vehicles as these controls are
  connected to the electronic junction box through
  steering roll connectors.
• Moreover, emerging markets are expected to drive
  automotive sales, which in turn will drive the
  growth of automotive steering roll connectors.
• Some of the major challenges confronting the
  Worldwide Automotive Steering Roll Connectors
  Market include gradual loss of low-cost advantage
  from Low-cost manufacturing countries.
• In earlier decades, within the automotive
  industry, there was an increase in outsourcing of
  manufacturing activities to low-cost countries
  such as China, Taiwan, South Korea and India
  owing to the availability of low-cost labor as
  compared to western countries.
• However, these countries are gradually losing its
  cost advantage due to the raising labor cost, for
  instance in China the population has become more
  affluent and has moved up the learning curve
  leading to higher cost of employment.

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• It is observed that manufacturers, especially in
  China and Taiwan have been facing concerns over
  attrition as labors prefer moving to other
  manufacturers for small income raise. Moreover,
  the shorter lifecycle of automotive electronics
  is another major challenge faced by the market.
  The report also provides the Porters five forces
  analysis along with a description of each of the
  forces and its impact on the market.
• Automotive Steering Roll Key Vendors
• This market research report profiles the major
  companies in the Worldwide Automotive Steering
  Roll Connectors market and also provides the
  competitive landscape of key players. Within the
  report covers the entire market outlook regarding
  the value chain operating within the market. The
  major players in the market include Furukawa,
  Daesung, Engotan, and Kapco. Minda Corp. (in
  joint venture with Furukawa) is one of the
  emerging player in the market.
• Some of the companies mentioned in the report
  include Yazaki, Angotan, Mazda Motors,
  Mitsubishi, Nissan Motors, Toyota Motors, Cherry
  Motors, Hyundai Motors, Buick, Proton, KIA
  Motors, Nissan Motors, Chrysler Motors, General
  Motors, Mando, Volkswagen, TATA Motors, TRW
  Automotive, Holden, Renault, Lear Corporation,
  Tyco Electronics, JAC Motors, Leoni, Great Wall
  Motors, Daimler, Toyota Motors, Daihatsu Motors,
  and Honda Motors.

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Strategic Assessment of Worldwide Automotive
Steering Roll Connectors Market Forecast Till
2021
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Worldwide Automotive Steering Roll Connectors
Market and future opportunities are provided in
the report.
Contact 1-302-261-5343 sales_at_marketintelreports.
com www.marketintelreports.com
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Automotive Steering Roll Connectors Market Report