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Rotating connectors known as steering roll connectors (SRC) attach the steering wheel to the car. These employ flat wires for wiring and transmit signals to the steering wheel that trigger the airbags. In other words, The SRC is a mechanism that transfers electrical current from a car’s steering column to the steering wheel and back to electrical components. The airbag is the main circuit, and there are extra circuits for features like cruise control, radio, horn, turn signals, etc. that might be added to the steering wheel. The SRC, often known as a clockspring, is attached to the steering column between the steering wheel and the steering column.
The global Steering roll connector market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
In the automotive business, connectors are frequently employed. During the COVID-19 epidemic, the worldwide automobile industry faced significant difficulties as production facilities were shut down, inventories began to overflow, and demand virtually disappeared. Due to the transit embargo, services have been suspended all across the world.
Cargo transportation became impossible when airlines and ships ceased to operate in numerous nations. According to estimates, this will cause manufacturers to suffer severe losses. manufacturers of consumer gadgets, pharmaceuticals, and vehicles in many nations. Lockdown has severely disrupted the supply chain, and the demand has completely decreased. It will likely take a very long time for these conditions to improve.
