DUBLIN--(BUSINESS WIRE)--The "Automotive Terminals - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Automotive Terminals market accounted for $11.63 billion in 2017 and is expected to reach $30.9 billion by 2026 growing at a CAGR of 11.4% during the forecast period.
Some of the factors such as increasing demand for electrical systems in the vehicles, government policies regarding the installation of safety technologies are driving the market growth. However, highly consolidated terminals and design issues with high voltage terminals are some of the factors hindering the market growth.
Depending on Current Rating, 40 ampere segment has estimated to grow in the market during the forecast period. Rising equipment of electronic applications that function in the range of below 40 Ampere such as wiper motor, mirrors, and electronic fuel booster is likely to drive the growth of this segment.
By geography, Asia Pacific region is expected to register the highest market growth rate during the forecast period due to rising sales of self-driving vehicles, growing demand for next-generation vehicles and government initiatives concerning the use of environment-friendly exciting vehicles.
On-Highway Vehicles Covered:
- Heavy Commercial Vehicle (HCV)
- Light Commercial Vehicle (LCV)
- Passenger Car (PC)
Current Ratings Covered:
- Above 100 Ampere
- 40-100 Ampere
- Below 40 Ampere
Electric Vehicles Covered:
- Plug-In Hybrid Electric Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
- Battery Electric Vehicle (BEV)
Engine Types Covered:
- Electric
- Internal Combustion Engine (ICE)
Off-Highway Vehicles Covered:
- Construction Vehicle
- Agricultural Vehicle
Applications Covered:
- Battery System
- Body Control & Interiors
- Cooling, Engine & Emission Control
- Infotainment
- Lighting System
- Safety & Security System
Companies Profiled:
- Aptiv PLC
- Delphi
- Furukawa Electric
- Grote Industries
- Keats Manufacturing
- Lear
- Molex
- PKC Group
- Sumitomo Electric
- TE Connectivity
- Viney Corporation
For more information about this report visit https://www.researchandmarkets.com/research/hrdmn5/worldwide?w=4
