At 2.8% CAGR, South & Central America Automotive Board to Board Connector Market is Projected to be WWorth US$ 126.98 Million by 2031 says Business Market Insights

According to Business Market Insights’ research, the South & Central America automotive board to board connector market was valued at US$ 102.01 million in 2023 and is expected to reach US$ 126.98 million by 2031, registering a CAGR of 2.8% from 2023 to 2031. Miniaturization in automotive board to board connectors and growing electric vehicles industry are among the critical factors attributed to drive the South & Central America automotive board to board connector market.

The automotive industry is witnessing a significant shift toward miniaturization, particularly in board-to-board connectors. As vehicles become more technologically advanced, the demand for compact, high-performance components has surged. Several key factors, including the rising use of EVs, surging autonomous driving technologies, and increasing complexity of in-vehicle electronics, are contributing to the high demand for these components.

Several companies are offering miniature designs in the automotive Board to Board Connectors. For instance, in February 2024, Kyocera Corporation released its new 5814 Series, a 0.3mm pitch board-to-board connector contributing to the miniaturization and expanding functionality of devices with a compact size. With a stacking height of 0.6mm and width of 1.5mm, this connector achieves industry-leading narrow pitch and compact dimensions. It is designed to prevent damage during connector mating operations through its unique metal fitting structure. These advancements are shaping the future of automotive Board to Board Connectors, enabling faster, more reliable, and versatile data transmission in various applications, from infotainment, telematics, and ADAS systems.

On the contrary, complex design of connectors hampers the growth of South & Central America automotive board to board connector market.

Based on type, the South & Central America automotive board to board connector market is segmented into pin headers, socket, floating connector, and card edge connector. The pin headers segment held 53.8% market share in 2023, amassing US$ 54.84 million. It is projected to garner US$ 70.14 million by 2031 to register 3.1% CAGR during 2023–2031. Further pin header is sub segmented into stacked headers, and shrouded headers.  

By application, the South & Central America automotive board to board connector market is segmented into powertrain control systems, infotainment and navigation systems, advanced driver assistance systems, electric vehicles and hybrid vehicle systems, lighting control systems, and autonomous vehicles. The powertrain control systems segment held 51.8% share of South & Central America automotive board to board connector market in 2023, amassing US$ 52.84 million. It is projected to garner US$ 63.40 million by 2031 to expand at 2.3% CAGR from 2023 to 2031.

In terms of pitch, the South & Central America automotive board to board connector market is categorized into less than 1 mm, 1-2 mm, and more than 2 mm. The 1-2 mm segment held 54.2% share of South & Central America automotive board to board connector market in 2023, amassing US$ 55.28 million. It is projected to garner US$ 66.51 million by 2031 to expand at 2.3% CAGR from 2023 to 2031.

In terms of number of pins, the South & Central America automotive board to board connector market is categorized into 2-12 Pins, 12-30 Pins, 30-50 Pins, 50-100 Pins, and 100+ Pins. The 2-12 pins segment held 48.2% share of South & Central America automotive board to board connector market in 2023, amassing US$ 49.20 million. It is projected to garner US$ 57.80 million by 2031 to expand at 2.0% CAGR from 2023 to 2031.

Based on country, the South & Central America automotive board to board connector market is categorized into Brazil, Argentina, and the Rest of South & Central America Our regional analysis states that Brazil captured 58.4% share of South & Central America automotive board to board connector market in 2023. It was assessed at US$ 59.58 million in 2023 and is likely to hit US$ 78.47 million by 2031, registering a CAGR of 3.5% during 2023 to 2031.

Key players operating in the automotive board to board connector market are Amphenol Corp; GREENCONN Co., Ltd; Yamaichi Electronics Co., Ltd; Molex LLC; Japan Aviation Electronics Industry, Ltd; Hirose Electric Co Ltd; Samtec Inc; KYOCERA Corporation; ENNOVI Holdings Pte. Ltd; and CSCONN Corporation, among others.

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