Press Release

UAE Automotive Connectors Market to Grow with a CAGR of 7.09% in UAE through to 2028

Ongoing infrastructure development projects, including expanded transportation networks, have also spurred growth by necessitating a greater number of vehicles and connectors are the factors driving market in the forecast period 2024-2028

 

According to TechSci Research report, “UAE Automotive Connectors Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the UAE Automotive Connectors Market stood at USD 361.26 Million in 2022 and is anticipated to grow with a CAGR of 7.09% in the forecast period, 2023-2028.

The UAE Automotive Connectors Market has experienced significant growth and transformation in recent years. This market plays a crucial role in the automotive industry, as connectors are essential components that facilitate electrical and electronic connections in vehicles. The following is an overview of the key aspects of the UAE Automotive Connectors Market:

The UAE's strong economic prosperity, driven by a robust oil and gas industry and diversification efforts, has led to a high level of disposable income among residents. This, in turn, has fueled demand for vehicles, both for personal use and commercial purposes. The country's affluence has contributed to a relatively high rate of vehicle ownership, providing a solid foundation for the automotive connectors market.

The UAE government has consistently invested in infrastructure development, including expanding road networks, ports, and public transportation systems. Large-scale construction projects, such as those related to Expo 2020 in Dubai and the development of the Al Maktoum International Airport, have created a demand for various types of vehicles and automotive connectors to support these ventures.

The automotive industry in the UAE, like the global market, is experiencing a shift toward technological advancements and electrification. The UAE government has shown a keen interest in promoting electric vehicles (EVs) and implementing green initiatives. This transition has led to increased demand for advanced connectors to support EV charging infrastructure and integrated electronics in modern vehicles.

The UAE's growing automotive aftermarket sector has also had a significant impact on the connectors market. With an increasing number of vehicles on the road, the demand for replacement parts, including connectors, has risen. This presents opportunities for manufacturers and suppliers in the automotive connectors market.

The UAE Automotive Connectors Market is competitive, with both domestic and international players vying for market share. Many global automotive connector manufacturers have a presence in the UAE, given its strategic location for exports to the Middle East and North Africa. This competitive environment has led to innovations in connector technology and quality.

In summary, the UAE Automotive Connectors Market is influenced by the country's strong economy, infrastructure development, technological advancements, and a growing automotive aftermarket. As the automotive industry continues to evolve with a focus on sustainability and innovation, the demand for advanced connectors is expected to remain robust, making the UAE a significant player in the global automotive connectors market. Please note that for the most up-to-date information and market trends, consulting recent industry reports and research is advisable.

 

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Dubai stands out as the dominant region within the UAE's Automotive Connectors Market. Its status as a global business and trade hub, coupled with strong economic growth, has driven the demand for vehicles. The city's extensive infrastructure development, including the construction of iconic projects like the Dubai Expo 2020 site, has spurred growth in the automotive sector, increasing the need for advanced connectors to support various applications. Additionally, Dubai's strategic location and strong focus on sustainability and technological advancements further bolster its position in the market.

Abu Dhabi, the capital of the UAE, has also witnessed substantial growth in the automotive connectors market. The emirate's investments in major infrastructure projects, such as the development of ports, airports, and public transportation systems, have increased the need for vehicles and, consequently, automotive connectors. Abu Dhabi's commitment to diversifying its economy, including the promotion of electric and sustainable transportation, has contributed to a rising demand for advanced connectors to support these initiatives.

Sharjah, while not as prominent as Dubai and Abu Dhabi, has been making strides in the UAE Automotive Connectors Market. The emirate's focus on manufacturing and industrial development has generated demand for commercial vehicles and, subsequently, automotive connectors used in these vehicles. Sharjah's role as an industrial hub within the UAE has led to increased manufacturing activity and the need for connectors in various applications, such as those used in machinery and industrial equipment.

It's essential to note that these regional insights are based on information available as of September 2021, and market dynamics can change over time. The UAE's Automotive Connectors Market is highly competitive, and developments in each emirate may have evolved since then. For the most current data and trends, consulting up-to-date industry reports and local market research is advisable.

 

Major companies operating in UAE Automotive Connectors Market are:

  • Delphi Automotive
  • Sumitomo Electric Industries Ltd.
  • Molex Incorporated
  • Yazaki Corporation
  • Japan Aviation Electronics Industry, Ltd.
  • JST Mfg. Co, Ltd.
  • AVX Corporation
  • Amphenol Corporation
  • Hirose Electric Co. Ltd.
  • Foxconn Technology Group

 

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“Dubai remains the foremost hub for the automotive connectors market due to its thriving economy, expansive infrastructure projects, and strategic importance. While Abu Dhabi and Sharjah contribute significantly, Dubai's international connectivity, along with its strong focus on innovation and sustainability, sets it apart as the dominant force in the sector. The UAE's commitment to technological advancements and the increasing demand for connectors, especially in the electric vehicle segment, positions Dubai as the leader in this dynamic market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

UAE Automotive Connectors Market By Vehicle Type (Passenger Cars, Commercial Vehicle), By Connection Type (Wire to Wire Connection, Board to Board Connection, Wire to Board Connection), By Application Type (Powertrain, Safety & Security, Power Distribution & Body Wiring, CCE, Others), Competition, Forecast & Opportunities, 2018-2028”, has evaluated the future growth potential of UAE Automotive Connectors Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE Automotive Connectors Market.            

 

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Relevant Reports

UAE Automotive Connectors Market By Vehicle Type (Passenger Cars, Commercial Vehicle), By Connection Type (Wire to Wire Connection, Board to Board Connection, Wire to Board Connection), By Application Type (Powertrain, Safety & Security, Power Distribution & Body Wiring, CCE, Others), Competition, Forecast & Opportunities, 2018-2028

Automotive | Oct, 2023

Ongoing infrastructure development projects, including expanded transportation networks, have also spurred growth by necessitating a greater number of vehicles and connectors are the factors driving market in the forecast period 2024-2028

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