DUBLIN--(BUSINESS WIRE)--The "Automotive Terminal Market by Application, Current Rating, Vehicle Type, EV Type, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive terminal market is projected to grow at a CAGR of 10.03% during the forecast period, from US$12.64 billion in 2017 to US$27.14 billion by 2025
The increasing demand for automotive safety systems, supported by government mandates and the increasing number of electrical systems in the vehicle, are driving the automotive terminal market. However, a highly consolidated market is a restraining factor for the automotive terminal market. The evolution of energy-efficient e-mobility as well as connected, autonomous, and semi-autonomous vehicles, is expected to create opportunities for the automotive terminal market in the coming years. On the other hand, factors such as design issues with high voltage terminals and the long-term reliability of battery terminals can pose challenges for the automotive terminal market.
The automotive terminal market for a battery system is projected to grow at the highest CAGR during the forecast period. This is followed by the lighting system, infotainment, body control & interiors, safety & security system, and cooling, engine & emission control. The growth of the battery system segment is driven by the increasing number of battery terminals in battery packs.
The Asia Pacific region is estimated to hold the largest share of the global automotive terminal market in 2017. Government mandates regarding the installation of advanced safety technologies and increasing awareness of green vehicles among people are expected to fuel the growth of the automotive terminal market in the Asia Pacific region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Terminal Market, By Application
7 Automotive Terminal Market, By Current Rating
8 Automotive Terminal Market for On-Highway Vehicle, By Type
9 Automotive Terminal Market, By Electric Vehicle
10 Automotive Terminal Market for Off-Highway Vehicle, By Type
11 Automotive Terminal Market, By Region, 2017-2025
12 Competitive Landscape
13 Company Profiles
- Furukawa Electric
- Grote Industries
- Keats Manufacturing
- PKC Group
- Sumitomo Electric
- TE Connectivity
- Viney Corporation
For more information about this report visit https://www.researchandmarkets.com/research/d2fgnf/2018_automotive?w=4