Worldwide Automotive Steering Roll Connectors Market Forecast & Future Industry Trends 2021 - PowerPoint PPT Presentation

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

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Get a sample brochure @ 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. – PowerPoint PPT presentation

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


1
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
Click Here To Check Complete Report
2
  • 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.

3
  • 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

4
  • 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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5
  • 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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6
  • 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.

7
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
Click here to order a copy of Worldwide
Automotive Steering Roll Connectors Market Report
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