Automotive Terminal Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Automotive Terminal Market is anticipated to register a CAGR of about 10%, during the forecast period (2022 – 2028). 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.

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 Automotive Terminal Market 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

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 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Terminal Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Terminal Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.