Automotive Terminal Market 2019 Global Analysis By Industry Size, Trends, Share, Growth Opportunities, And Regional Outlook to 2023

Automotive Terminal Market 2019 Global Analysis By Industry Size, Trends, Share, Growth Opportunities, And Regional Outlook to 2023

“””Automotive Terminal Market”””
Automotive Terminal Industry 2019 Global Market Size, Share Analysis To 2023 Report, provides depth analysis of Automotive Terminal Market by Current Rating (<50 A, 50-100 A, >100 A), Vehicle Type, Application (Body Control & Interiors, Safety & Security, Cooling, Engine & Emission Control, Infotainment, Lighting System, Battery System), Region – Forecast till 2023. Automotive Terminal market is projected to witness 9.14% CAGR by 2023.

The prominent players in the automotive terminal market include TE Connectivity Ltd. (Switzerland), Sumitomo Electric Industries, Ltd. (Japan), Delphi Plc (U.K), Lear Corporation (U.S.), and Furukawa Electric Co., Ltd. (Japan). PKC Group (Finland), Molex, LLC (U.S.), Grote Industries (U.S.), Keats Manufacturing Co. (U.S.), and Viney Corporation Limited (India) are among others.

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The automotive terminal is referred to the point at which a conductor from an electric source is connected comes to an end and provide a complete circuit by joining the other source. The automotive terminal is one of the primary factors for vehicle performance and safety of the occupant. Increased use of electronic content components in the vehicle and growing demand for energy efficient electric vehicles will fuel the global automotive terminal market. Increased growth for autonomous and semi-autonomous vehicles in the emerging market will provide opportunities for new entrants. Moreover, extensive research regarding the development of the product and cost-effective solutions will further boost the sales and demand for the product. However, design issues in developing terminals for high voltage use and terminal design to handle vibrations in the vehicle are the major challenges for manufacturers. Lack of guarantee of long-term reliability of the terminals, will hamper the growth of the market.

The global automotive terminal market has seen remarkable growth; expected to expand at the CAGR of ~9.14%. Rise in use of electronics components in vehicles, increase in demand for electric vehicles, and government regulation regarding the installation of safety technologies to grow the demand for the automotive terminal market. The automotive industry is transforming from a hardware driven to software driven. There is a massive growth in the use of electronics components per vehicle, which influences the growth of the market in terms of value and volume. Increased concerns regarding energy efficient vehicles will create opportunities in the market by increasing the demand for terminals in the vehicle. Moreover, the increased growth of autonomous and semi-autonomous vehicle will ease new revenue generation for the manufacturers in the automotive terminal market. However, design concerns and long-term reliability feature for the high voltage terminals are major challenges in the market. The development of terminals that are used for handling vibration in the vehicles will be the major concern for manufacturers.

Market Research Analysis

In terms of region, the global market for the automotive terminal is divided into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific market is expected to hold a significant revenue share over the forecast period. Increase in the production of vehicles and government regulations regarding the safety of the vehicle will drive the growth of the market throughout the forecast period. Asia Pacific will register the highest CAGR during the forecast period, owing to the increase in sales of electric vehicles, better infrastructure, and increased purchasing power of consumers. Furthermore, China is leading the market in terms of revenue due to their massive use of electronic components in the vehicle followed by Japan, Korea, and India. In North America, increased sales of self-driving vehicles and demand for next-generation vehicles will enhance the growth of the market during the forecast period. In Europe, new government regulations and awareness of vehicle advanced safety technologies will raise the market and provide opportunities for new entrants in the region.

Global automotive terminal market is segmented into current rating, vehicle type, application, and region. On the basis of current rating segment, the market has been segmented into less than 50 Ampere, 50-100 Ampere, and more than 100 Ampere. On the basis of vehicle type segment, the market has been segmented into passenger vehicle and commercial vehicle. On the basis of application, the market has been segmented into Body Control & Interiors, Safety & Security, Cooling, Engine & Emission Control, Infotainment, Lighting System, and Battery System. Battery system will hold the largest market share in the base year and continue to grow over the forecast period.

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Automotive Terminal Market, By Current Rating

5.1 Introduction

5.2 Below 50 Ampere

5.2.1 Market Estimates & Forecast, 2018-2023

5.2.2 Market Estimates & Forecast By Region, 2018-2023

5.3 50-100 Ampere

5.3.1 Market Estimates & Forecast, 2018-2023

5.3.2 Market Estimates & Forecast By Region, 2018-2023

5.4 Above 100 Ampere

5.4.1 Market Estimates & Forecast, 2018-2023

5.4.2 Market Estimates & Forecast By Region, 2018-2023

6 Global Automotive Terminal Market, By Vehicle

6.1 Introduction

6.2 Passenger Vehicle

6.2.1 Market Estimates & Forecast, 2018-2023

6.2.2 Market Estimates & Forecast By Region, 2018-2023

6.3 Commercial Vehicle

6.3.1 Market Estimates & Forecast, 2018-2023

6.3.2 Market Estimates & Forecast By Region, 2018-2023

Continued…

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