The Automotive Terminal Market is anticipated to register a CAGR of about 10%, during the forecast period (2021 – 2027).
Automotive terminals are electrical components that provide a connection point for external circuits. These terminals are available on the market with different rated current ratings such as less than 40 amps, 41-100 amps, and over 100 amps. Some of the key drivers of automotive terminal market growth during the forecast period are the increasing number of electrical systems to be installed in vehicles and the growing demand for automotive safety systems maintained by government regulations in various regions.
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Company Profile
Some of the key players influencing the automotive terminal market are Aptiv PLC, Furukawa Electric Co., Ltd., TE Connectivity Ltd., Sumitomo Electric Industries, Ltd., Lear Corporation, Grote Industries, Inc., PKC Group, Keats Manufacturing Company, Molex Incorporated, and Viney Corporation Ltd. among others.
Market Segmentation
By Application
Body Control & Interiors
Safety & Security
Cooling, Engine & Emission Control
Infotainment
Lighting System
Battery System
By Current Rating
Below 40 Ampere
41–100 Ampere
Above 100 Ampere
By On-Highway Vehicle
Passenger Cars (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Scope of the Report
The research study analyzes the global Automotive Terminal industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Terminal Market Report
1. What was the Automotive Terminal Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Automotive Terminal Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Terminal Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Automotive Terminal market.
• The market share of the global Automotive Terminal market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Terminal market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Terminal market.
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