Summary
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.
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
The market research report also profiles the key vendors operating in the Worldwide Automotive Steering Roll Connectors Market and also provides the detailed competitive landscape of key players.
Automotive Steering Roll Connectors - Market Size and Dynamics
Market research analysts at Beige Market Intelligence, expect the Worldwide Automotive Steering Roll Connectors Market to reach approximately 130 million units by 2021. The Worldwide Automotive Steering Roll Connectors market has been segmented on the basis of End-markets, Vehicle type, and geographical regions. Among End-markets, the global aftermarket for steering roll connectors is expected to reach to around 17 million units by 2021 growing at a CAGR of almost 10% during the forecast period.
The automotive steering roll connectors market is further segmented as per vehicle types which include passenger cars, light commercial vehicle, and heavy commercial vehicle. Among the vehicle types, passenger cars are the largest volume and value market for automotive. As passenger cars form the fundamental for personal transportation, this segment will remain the largest automobile segment during the forecast period. The steering roll connectors passenger car segment is expected to cross 100 million units by 2021.
The global OEM market for steering roll connectors for passenger cars accounted for over 57 million units in 2015 and is expected to reach to over 86 million by 2020 growing at a CAGR of almost 7% during the forecast period. Asia is the largest automotive steering roll connectors market and is expected to be the largest during the forecast period due to the high volume of automobile shipments and rapid adoption of airbags.
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.
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.
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 Porter’s 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.
The key objectives of the study are as follows
To provide a detailed analysis of the worldwide automotive steering roll connectors market
To provide a break-down of automotive steering roll connectors by vehicle type
Light commercial vehicles
Passenger vehicles
Heavy commercial vehicles
To provide the competitive landscape of the key players operating in this market and how the market will evolve over the forecast period
To provide strategic insights into what is happening in the market and what should happen in the market during the forecast period
To provide key insights into the various factors that are aiding as well as adversely affecting the market and how this scenario will change during the forecast period
The scope of the study is as follows
The study will provide the unit shipments in the automotive steering roll connector market in 2015 as well as for the forecast period
The study will also provide the segmentation by the following
Light commercial vehicles
Passenger vehicles
Heavy commercial vehicles
The study will provide the regional segmentation for the unit shipments by the following regions
APAC
Europe
Latin America
Middle East and Africa
North America
The study will provide the unit shipment of steering roll connectors by the following for each region
OEM
Aftermarket
The study will also provide unit shipment for the leading county(s) for each of the regions above
Timeline of the study is as follows
Base Year : 2015 (Actual figures)
Forecast Period: 2016-2020 (Forecasted figures)
Why should you buy this study?
The study will tell the reader how the market has been performing over the last few years and how it is expected to perform over the next five years. Detailed analysis of the performance of the market is provided thereby providing the reader with key insights into what is taking place and how the market is being affected, both positively and adversely. Individuals who are interested in knowing which are the key companies involved in the market should purchase this report.
In short, the study will provide a holistic view of the Automotive steering roll market, which are the companies that are involved in the market and what are the factors that contribute to this market. The report will also provide information on what are some of the trends that have started to surface and are expected to be a strong driving force in the market over the next five years.The scope of the study is as follows
The study will provide the unit shipments in the automotive steering roll connector market in 2015 as well as for the forecast period
The study will also provide the segmentation by the following
Light commercial vehicles
Passenger vehicles
Heavy commercial vehicles
The study will provide the regional segmentation for the unit shipments by the following regions
APAC
Europe
Latin America
Middle East and Africa
North America
The study will provide the unit shipment of steering roll connectors by the following for each region
OEM
Aftermarket
The study will also provide unit shipment for the leading county(s) for each of the regions above
Timeline of the study is as follows
Base Year : 2015 (Actual figures)
Forecast Period: 2016-2020 (Forecasted figures)Why should you buy this study?
The study will tell the reader how the market has been performing over the last few years and how it is expected to perform over the next five years. Detailed analysis of the performance of the market is provided thereby providing the reader with key insights into what is taking place and how the market is being affected, both positively and adversely. Individuals who are interested in knowing which are the key companies involved in the market should purchase this report.
In short, the study will provide a holistic view of the Automotive steering roll market, which are the companies that are involved in the market and what are the factors that contribute to this market. The report will also provide information on what are some of the trends that have started to surface and are expected to be a strong driving force in the market over the next five years.
Table Of Contents
1 Research Methodology
2 Executive Summary
2.1 Report highlights
3 Report Coverage
3.1 Scope of the report
3.2 Definitions in the report
4 Market Landscape
4.1 Introduction
4.2 Components of SRCs include
4.2.1 Rotatable housing
4.2.2 Fixed housing/Snap ring
4.2.3 Flat cables
4.2.4 Connectors
4.3 Automotive industry overview
4.3.1 Automotive shipment
4.3.2 Life cycle of automotive electronic component
4.4 Steering roll connector manufacturing technology
4.5 Value chain analysis
4.5.1 Materials and component suppliers
4.5.2 Common materials used in SRC production
4.5.3 Steering roll connector manufacturers
4.5.4 Tier-1 suppliers
4.5.5 OEMs
4.5.6 Aftermarket
4.6 Integration activity
4.6.1 Automotive connector market
4.6.2 Automotive SRC market
5 Automotive Steering Roll Connector Market
5.1 Overview
5.2 Market size and forecast
5.2.1 Regulatory initiatives
5.2.2 EU NCAP rating weightage
5.3 Connectors and wiring harness application matrix
5.4 Industry Five Forces Analysis
6 Market Segmentation of Automotive Steering Roll Connector Market
6.1 Overview
7 Market Size and Forecast by Vehicle Type
7.1 Overview
7.1.1 Airbag adoption rate by vehicle type
7.1.2 Automotive shipment by vehicle type
7.1.3 Market segmentation of automotive SRC market by vehicle type
7.1.4 Market segmentation of automotive OEM SRC market by vehicle type
7.1.5 Market segmentation of automotive aftermarket SRC market by vehicle type
8 Passenger Car Segmentation of Automotive SRC Market
8.1 Market overview
8.1.1 Airbag adoption rate in passenger cars segment
8.2 Market size and forecast
8.3 OEM SRC market segmentation for passenger cars
8.3.1 Market overview
8.3.2 Market size and forecast
8.4 Aftermarket SRC market segmentation for passenger cars
8.4.1 Market overview
8.4.2 Market size and forecast
9 LCV Segmentation of Automotive SRC Market
9.1 Market overview
9.1.1 Unit shipment of LCV
9.1.2 Airbag adoption rate in LCV
9.2 Market size and forecast
9.3 OEM SRC market segmentation for LCVs
9.3.1 Market overview
9.3.2 Market size and forecast
9.4 Aftermarket SRC market segmentation for LCVs
9.4.1 Market overview
9.4.2 Market size and forecast
10 HCV Segmentation of Automotive SRC Market
10.1 Market overview
10.1.1 HCV unit shipment
10.1.2 Airbag adoption rate in HCV
10.2 Market size and forecast
10.3 OEM SRC market segmentation for HCVs
10.3.1 Market overview
10.3.2 Market size and forecast
10.4 Aftermarket SRC market segmentation for HCVs
10.4.1 Market overview
10.4.2 Market size and forecast
11 Market Segmentation by Geography
11.1 Market overview
11.2 Market size and forecast
11.3 Airbag adoption rates by region
12 North America Market for Automotive SRC
12.1 Market overview
12.2 Automotive electronics market in the US
12.2.1 Market size and forecast
12.3 Outlook of hybrid and electric vehicles in North America
12.4 Airbag adoption rate in North America
12.5 Market size and forecast
12.6 Key Leading Country-The US
12.6.1 Market overview
12.6.2 Airbag adoption rate
12.6.3 Market size and forecast
12.6.4 Major drivers, challenges and trends in the US market
13 Europe Market for Automotive SRC Market
13.1 Market overview
13.2 Automotive market in Europe
13.3 Airbag adoption rate in Europe
13.4 Market size and forecast
13.5 Key Leading Country-Germany
13.5.1 Market overview
13.5.2 Automotive market in Germany
13.5.3 Airbag adoption rate in Germany
13.5.4 Market size and forecast
13.5.5 Major drivers, challenges and trends in Germany
14 APAC Market for Automotive SRC
14.1 Market overview
14.1.1 Automotive unit shipment in APAC
14.1.2 Adoption rate of safety systems by OEMs for APAC
14.1.3 Airbag adoption rate in APAC
14.2 Market size and forecast
14.3 Key leading country-China
14.3.1 Market overview
14.3.2 Chinese automotive electronics market
14.3.3 Airbag adoption in China
14.3.4 Market size and forecast
14.3.5 Major drivers, challenges and trends in China market
14.4 Key leading country-Japan
14.4.1 Market overview
14.4.2 Japanese vehicle production data
14.4.3 Automotive sales in Japan
14.4.4 Airbag adoption rate in Japan
14.4.5 Market size and forecast
14.4.6 Major drivers, challenge and trends in Japan market
14.5 Key leading country-India
14.5.1 Market overview
14.5.2 Automotive shipment data
14.5.3 Airbag adoption rate in India
14.5.4 Market size and forecast
14.5.5 Major drivers, challenges and trends in India market
15 Latin America Market for Automotive SRC
15.1 Market overview
15.1.1 Automotive shipment in Latin America
15.1.2 Airbag adoption rate in Latin America
15.2 Market size and forecast
15.3 Key Leading Country-Brazil
15.3.1 Market overview
15.3.2 Automotive unit shipment in Brazil
15.3.3 Automotive electronics market in Brazil
15.3.4 Airbag adoption rate in Brazil
15.3.5 Market size and forecast
16 Middle East and Africa Market for Automotive SRC
16.1 Market overview
16.2 Automotive unit shipment in MEA
16.2.1 Airbag adoption rate in MEA
16.3 Market size and forecast
17 Market Segmentation by End-markets
17.1 Overview
17.2 Market size and forecast
17.3 OEM market segmentation
17.3.1 Market size and forecast
17.4 Aftermarket market segmentation
17.4.1 Market size and forecast
18 Key Market Drivers
19 Key Market Challenges
20 Key Market Trends
21 Key News
21.1 September 2014
21.2 January 2014
22 Competitive Landscape
22.1 Overview
22.2 Market share analysis
22.3 Key client base of each vendor
22.4 Prominent vendors in the market
22.5 Furukawa Electric Group
22.5.1 Business overview
22.5.2 Business segment
22.5.3 Product offering in automotive
22.5.4 Financial performance
22.5.5 Technological landscape
22.5.6 Key strategies
22.5.7 Key strength
22.5.8 Key opportunities
22.6 Daesung Electric
22.6.1 Business overview
22.6.2 Product portfolio
22.6.3 Financial performance
22.6.4 Key Strategies
22.6.5 Key strength
22.6.6 Key opportunities
22.7 Angotan Auto Parts
22.7.1 Business overview
22.7.2 Product portfolio
22.7.3 Key strategies
22.7.4 Key strength
22.7.5 Key opportunities
22.8 Kapaco Auto Parts
22.8.1 Business overview
22.8.2 Product portfolio
22.8.3 Key strategies
22.8.4 Key strength
22.8.5 Key opportunities
22.9 Minda Corporation
22.9.1 Business overview
22.9.2 Product portfolio
22.9.3 Key opportunities
23 Appendix
23.1 List of abbreviations
23.2 List of companies mentioned in the report
Exhibits
Exhibit 1 Flow diagram of SRC market
Exhibit 2 Global connectors market split by application 2015, 2021 (% share)
Exhibit 3 Automotive connectors by application 2015 (% share)
Exhibit 4 Steering rolls connector placement
Exhibit 5 Sectional view of steering roll connector
Exhibit 6 Components of steering roll connectors
Exhibit 7 Top ten countries by GDP 2012-2015 ($ billion)
Exhibit 8 Global automotive shipment 2012-2021 (million units)
Exhibit 9 Life cycle of automotive electronic components, 2015
Exhibit 10 Automotive steering roll connector manufacturing process flow
Exhibit 11 List of standards/compliance pertaining to steering roll connector manufacturing
Exhibit 12 Copper price per pound trend, Feb 2016-Jan 2014
Exhibit 13 Common materials used in SRC production
Exhibit 14 Automotive steering roll connector market value chain
Exhibit 15 Major M&A activity in automotive connectors market
Exhibit 16 Airbag adoption rate 2012-2021
Exhibit 17 Global automotive SRC market 2012-2021 (million units)
Exhibit 18 Regulatory initiatives encouraging steering wheel mounted electronics
Exhibit 19 EU NCAP rating weightage 2009-2015
Exhibit 20 Connectors and wiring harness application matrix
Exhibit 21 Market segmentation of automotive steering roll connector market
Exhibit 22 Market segmentation by vehicle type
Exhibit 23 Airbag adoption rate by vehicle type 2012-2021 (unit million)
Exhibit 24 Global automotive shipment by vehicle type 2012-2021 (million units)
Exhibit 25 Airbag adoption rate by vehicle type 2012-2021 (% share)
Exhibit 26 Global automotive SRC market by vehicle type 2012-2021 (million units)
Exhibit 27 Global OEM SRC market by vehicle type 2012-2021 (million units)
Exhibit 28 Global Aftermarket SRC market by vehicle type 2012-2021 (million units)
Exhibit 29 Global passenger car unit shipment 2012-2021 (million units)
Exhibit 30 Airbag adoption rate in passenger cars 2012-2021 (unit millions)
Exhibit 31 Global automotive SRC for passenger cars 2012-2021 (million units)
Exhibit 32 Global OEM SRC market for passenger cars 2012-2021 (million units)
Exhibit 33 Global aftermarket SRC market for passenger cars 2012-2021 (million units)
Exhibit 34 Global LCV unit shipment 2012-2021 (million units)
Exhibit 35 Airbag adoption rate in LCV 2012-2021 (unit millions)
Exhibit 36 Global automotive SRC market for LCV 2012-2021 (million units)
Exhibit 37 Global OEM SRC market 2012-2021 for LCV (million units)
Exhibit 38 Global aftermarket SRC market for LCV 2012-2021 (million units)
Exhibit 39 Global HCV unit shipment 2012-2021 (million units)
Exhibit 40 Airbag Adoption rate in HCV 2012-2021 (unit millions)
Exhibit 41 Global automotive SRC market for HCV 2012-2021 (million units)
Exhibit 42 Global OEM SRC market for HCV 2012-2021 (million units)
Exhibit 43 Global aftermarket SRC market for HCV 2012-2021 (million units)
Exhibit 44 Automotive unit shipment by region, 2012-2021 (million units)
Exhibit 45 Automotive SRC market by geography 2012-2021 (million units)
Exhibit 46 Airbag adoption rate by region, 2012-2021 (unit millions)
Exhibit 47 Automotive shipment in North America, 2012-2021 (million units)
Exhibit 48 Automotive electronics market in US 2008-2015 ($ billion)
Exhibit 49 Outlook of hybrid and electric vehicle in North America, 2015, 2030, 2050 (thousand units)
Exhibit 50 Airbag adoption rate in North America, 2012-2021 (unit millions)
Exhibit 51 Automotive SRC market in North America 2012-2021 (million units)
Exhibit 52 Airbag adoption rate in US 2012-2021 (unit millions)
Exhibit 53 Automotive SRC market in US, 2012-2021 (unit millions)
Exhibit 54 GDP growth rate of key countries in Europe 2012-2015 (% change)
Exhibit 55 Automotive unit shipment in Europe, 2012-2021 (unit million)
Exhibit 56 Airbag adoption rate in Europe, 2012-2021 (unit millions)
Exhibit 57 Automotive SRC market in Europe 2012-2021 (million units)
Exhibit 58 Automotive sales in Germany 2007-2014 (million units)
Exhibit 59 German electronic component market by industry, 2015
Exhibit 60 Airbag adoption rate in Germany 2012-2021 (unit millions)
Exhibit 61 Automotive SRC market in Germany 2012-2021 ($ billion)
Exhibit 62 Top five APAC countries by GDP 2011-2015 ($ billion)
Exhibit 63 Per capita income of top five countries in APAC 2013-2014 (US$)
Exhibit 64 Automotive unit shipment in APAC, 2012-2021 (million units)
Exhibit 65 Adoption rate of safety systems by OEMs for APAC market, 2014
Exhibit 66 Airbag adoption rate in APAC 2012-2021 (unit millions)
Exhibit 67 Automotive SRC market in Asia 2012-2021 (million units)
Exhibit 68 Chinese automotive electronics market 2010-2015 ($ billion)
Exhibit 69 Airbag adoption in China 2012-2021 (unit millions)
Exhibit 70 Automotive SRC market in China 2012-2021 (unit millions)
Exhibit 71 Overseas vehicle production by Japanese automakers 2013-2014 (million units)
Exhibit 72 Automotive sales in Japan 2007-2015 (million units)
Exhibit 73 Airbag adoption rate in Japan 2012-2021 (unit millions)
Exhibit 74 Automotive SRC market in Japan 2012-2021 ($ billion)
Exhibit 75 Per-capita income in India 2013-2014
Exhibit 76 Automotive shipment in India 2012-2021 (unit millions)
Exhibit 77 Automotive electronic content by component in India 2015-2021
Exhibit 78 Airbag adoption rate in India 2012-2021 (unit millions)
Exhibit 79 Automotive SRC market in India 2012-2021 (million units)
Exhibit 80 Automotive unit shipment in Latin America 2012-2021 (million units)
Exhibit 81 GDP growth rate of top five Latin American countries 2011-2014
Exhibit 82 Airbag adoption rate in Latin America 2012-2021 (million units)
Exhibit 83 Automotive SRC market in Latin America 2012-2021 (million units)
Exhibit 84 Automotive sales in Brazil 2005-2015 (in million units)
Exhibit 85 Automotive electronics market in Brazil 2007-2015 ($ billion)
Exhibit 86 Airbag adoption in Brazil 2012-2021 (unit millions)
Exhibit 87 Automotive SRC market in Brazil 2012-2021 ($ billion)
Exhibit 88 Automotive sales in Middle East and Africa 2007-2014 (million units)
Exhibit 89 Airbag adoption rate in Middle East and Africa 2012-2021 (unit millions)
Exhibit 90 Automotive SRC in Middle East and Africa 2012-2021 (million units)
Exhibit 91 Global automotive SRC market by end-markets 2012-2021 (million units)
Exhibit 92 Global OEM SRC market 2012-2021 (million units)
Exhibit 93 Automotive aftermarket for key countries 2015, 2021 ($ billion)
Exhibit 94 Global aftermarket SRC market 2012-2021 (million units)
Exhibit 95 Generation of automotive infotainment systems
Exhibit 96 Automotive sales in Asia 2005-2013 (in million units)
Exhibit 97 Automotive sales in Mexico 2005-2013 (in million units)
Exhibit 98 Automotive sales in Brazil 2005-2015 (in million units)
Exhibit 99 Average monthly wages in China 2010-2015
Exhibit 100 required temperature range for automotive components by application
Exhibit 101 Market share analysis of steering roll connector market, 2015
Exhibit 102 Key client base of each vendor
Exhibit 103 Prominent vendors-Automotive SRC market
Exhibit 104 Furukawa revenue by business segment 2015
Exhibit 105 Furukawa: Business divisions under automotive segment
Exhibit 106 Furukawa: Revenue and profit margin split, 2011-2015 ($ billion)
Exhibit 107 Furukawa revenue from automotive business unit 2011-2015 ($ billion)
Exhibit 108 Daesung: Product offering
Exhibit 109 Daesung: Total revenues, 2011-2015 ($ million)
Exhibit 110 Angotan: Product Offering
Exhibit 111 Kapaco: Product Offering
