The Global Automotive Terminal market, is accounted for $11.83 billion in 2017 and is expected to reach $30.82 billion by 2026 growing at a CAGR of 11.2% during the forecast period
LONDON, August 9, 2018 /PRNewswire/ -- According to Stratistics MRC, the Global Automotive Terminal market, is accounted for $11.83 billion in 2017 and is expected to reach $30.82 billion by 2026 growing at a CAGR of 11.2% during the forecast period. Growing number of electrical systems in the vehicle and rising demand for automotive safety systems supported by government traffic are some of the key driving factors for the market growth. However, highly consolidated market and design concerns regarding high voltage terminals are hindering the growth of the market. Moreover, energy efficient e-mobility would create innovative opportunities for players in this market.
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By application, battery system segment is expected to drive the growth of the market through the forecasted period due to collaborations between the key component manufacturers and increasing number of OEMs. These vehicles depend upon electric batteries to give the auxiliary power. Battery Electric vehicles include scooters, rail cars, bicycle, buses and cars. The benefits in battery storage technology have also positively influenced the electric vehicle battery segment. The development of well-established road transportation network has further assists the market growth for these vehicles, with charging points available more frequently on the national roads.
By geography, Asia Pacific region is is anticipated to dominate the market due to rise in vehicle production and government mandates regarding the passive safety of vehicles and active. In addition, rising investment in construction activities, infrastructure and growing vehicle sales are also projected to impel the growth in this region.
Some of the key players profiled in the Automotive Terminal Market include Grote Industries, PKC Group, Keats Manufacturing, Molex , Viney Corporation, Furukawa Electric, Delphi, TE Connectivity, Sumitomo Electric, Lear Corporation and Autoterminal Japan Ltd.
Off-Highway Vehicle Types Covered:
• Construction Vehicle
• Agricultural Vehicle
Electric Vehicles Covered:
• Plug-In Hybrid Electric Vehicle (PHEV)
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
Current Ratings Covered:
• Below 40 Ampere
• 41–100 Ampere
• Above 100 Ampere
On–Highway Vehicle Types Covered:
• Heavy Commercial Vehicle (HCV)
• Light Commercial Vehicle (LCV)
• Passenger Car (PC)
Applications Covered:
• Battery System
• Cooling, Engine, & Emission Control
• Infotainment
• Lighting System
• Safety & Security System
• Body Control & Interiors
Regions Covered:
• North América
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
•Asia Pacific
• Japan
• China
• India
• Austrália
• New Zealand
•South Korea
• Rest of Asia Pacific
•South América
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & África
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancement
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