What is Truck Connector Market?
Truck connectors are also known as trailer wire, or trailer connecting cable. These are used for connecting the towing vehicle such as cars, trucks or trailers. It is also used for supply of automotive lighting on the trailer. Further, the truck connectors are used for the management of supply of other customers. Another benefit of the truck connectors is that it provides feedback from the trailer such as fault indication or advanced command. These factors are affecting the growth of the market positively.
The market study is being classified by Type (Wire to Wire Connector, Wire to Board Connector and Board to Board Connector), by Application (Heavy Truck and Light Truck) and major geographies with country level break-up.
TE Connectivity (Switzerland), Yazaki (Japan), Delphi (United Kingdom), Amphenol (United States), Molex (United States), Sumitomo (Japan), JAE (Japan), JST (United States), Rosenberger (Germany) and LUXSHARE (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are AVIC Jonhon (China).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Truck Connector market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Truck Connector market by Type, Application and Region.
On the basis of geography, the market of Truck Connector has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Investments in R&D in Truck Industry
- Rising Urbanization in Developing Economies
Market Trend
- Technological Developments in Truck Connectors
Opportunities
- Growing Logistics Services is increasing the Demand in Truck Connectors
Market Leaders and some development strategies
In 2019, TE connectivity has acquired Kissling group which is a provider of high power relays and ruggedized switches. These are used in commercial vehicle, transportation, industrial, military and aviation.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations