Market Research Future published a half cooked research report on global automotive terminal market. The automotive terminal market is expected to witness 9.14% CAGR during the period, 2018 to 2023. 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.
Automotive Terminals Key Companies Market Analyzed For this report are:
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, TE Connectivity Ltd. (Switzerland), Sumitomo Electric Industries, Ltd. (Japan), Delphi Plc (U.K), Lear Corporation (U.S.).
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Market Insights:
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.
Regional Overview Of Automotive Terminals Market For Automotive:
The global Automotive Terminals market is segmented on the basis of geography in the regions of Asia Pacific, North America, Europe, and the Middle East & Africa.
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.
Market Segmentation:
The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive terminal market by type, material, fuel, sales, application, and regions.
By Current Rating:
- <50 Ampere
- 50-100 Ampere
- >100 Ampere
By Vehicle Type:
- Passenger Vehicle
- Commercial Vehicle
By Application:
- Body Control & Interiors
- Safety & Security
- Cooling
- Engine & Emission Control
- Infotainment
- Lighting System
- Battery System
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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
List Of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
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