Global Automotive Terminal Market, On-Highway Vehicle (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), Off-Highway Vehicle (Agriculture Vehicle, Construction Vehicle), Current Rating (Below 40 Ampere, 41-100 Ampere, Above 100 Ampere), Application (Cooling, Engine, Emission Control, Safety & Security System, Body Control & Interiors, Infotainment, Lightning System, Battery System), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Terminal Market
The automotive terminal market is expected to witness market growth at a rate of 10.67% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive terminal market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of automotive industry is escalating the growth of automotive terminal market.
Automotive Terminal refers to the connector utilized for connecting to electric devices in the car and charger with batteries of automotive vehicles. These types of terminals are generally manufactured in accordance with size and need of the car and requirement. These are reliable and have the capability to withstand weather and other natural’s conditions.
The increase in the demand for electric vehicles among population across the globe acts as one of the major factors driving the growth of automotive terminal market. The rise in demand for automotive safety systems in compliance with government mandates and presence of stringent government regulations regarding safety systems accelerate the market growth. The availability of automotive terminal in various sizes, designs, and specifications depending upon the demand of the end-user industry and increase in need for innovative technologies that would provide better connectivity solutions with the rising demand for luxurious and smart vehicles further influence the market. Additionally, growth of automotive sector, increase in production and sales of electric vehicles and changing preference towards luxury cars positively affect the automotive terminal market. Furthermore, perspective of connected, autonomous and semi-autonomous vehicles and energy efficient e-mobility extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, need of terminals that are capable of handling vibration and design issues with high voltage terminals are expected to obstruct the market growth. Long-term reliability difficulty for battery terminals is projected to challenge the automotive terminal market in the forecast period of 2021-2028.
This automotive terminal market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive terminal market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Terminal Market Scope and Market Size
The automotive terminal market is segmented on the basis of on-highway vehicle, off-highway vehicle, current rating and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of on-highway vehicle, the automotive terminal market is segmented into passenger car, light commercial vehicle, heavy commercial vehicle, electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle.
- On the basis of off-highway vehicle, the automotive terminal market is segmented into agriculture vehicle, and construction vehicle.
- On the basis of current rating, the automotive terminal market is segmented into below 40 ampere, 41-100 ampere, and above 100 ampere.
- On the basis of application, the automotive terminal market is segmented into cooling, engine, emission control, safety and security system, body control & interiors, infotainment, lightning system, and battery system.
Global Automotive Terminal Market Country Level Analysis
The aviation analytics market is analyzed and market size, volume information is provided by country, on-highway vehicle, off-highway vehicle, current rating and application as referenced above.
The countries covered in the global automotive terminal market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is expected to dominate the automotive terminal market due to the government mandates regarding the installation of advanced safety technologies and increase in awareness of green vehicles among people within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Terminal Market Share Analysis
The automotive terminal market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive terminal market.
The major players covered in the automotive terminal market report are Viney Corporation Ltd., Keats Manufacturing Company, Molex, PKC Group Ltd, FURUKAWA ELECTRIC CO. LTD., Lear Corporation, Delphi Technologies, Sumitomo Electric Industries, TE Connectivity, Koopman Logistics Group, Terminal Technologies, BLG LOGISTICS GROUP AG, IRISO ELECTRONICS COMPANY LTD, Terminal Supply Co., Ascon Engineering Industries, Vehicle Wiring Products Ltd., and KOREA ELECTRIC TERMINAL CO. LTD., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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