Automotive Terminal Market Growth Rate, Drivers, And Forecast 2024-2033

The automotive terminal global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Automotive Terminal  Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The automotive terminal market size has grown rapidly in recent years. It will grow from $17.21 billion in 2023 to $19.09 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%.  The  growth in the historic period can be attributed to growth in automotive industry, stringent emission regulations, rising consumer demand for electronics, economic growth.

The automotive terminal market size is expected to see rapid growth in the next few years. It will grow to $28.85 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%.  The growth in the forecast period can be attributed to rising vehicle production, electric vehicle adoption, rising global urbanization, growing per capita disposable income, government support. Major trends in the forecast period include digitalization of manufacturing, 5g integration, advanced materials, enhanced safety features, cross-industry collaboration.

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Scope Of Automotive Terminal  Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Automotive Terminal  Market Overview

Market Drivers –
The increasing quantity of automobile production is expected to propel the growth of the automotive terminal market. Rapid growth in disposable income among individuals in both developing and developed countries and growing demand for a personal vehicle for daily commute to work has contributed to rapid growth in demand for passenger and commercial vehicles. The rapid growth in demand for passenger and commercial vehicles is expected to the boost utilization of automotive terminals, as they are a vital component in the manufacturing of automotive vehicles. For instance, in April 2022, according to World Motor Vehicle Production, 79.1 million motor vehicles were produced around the world, an increase of 1.3% compared to 2020. Therefore, the increasing quantity of automobile production is expected to boost the growth of the automotive terminals market during the forecast period.

The automotive terminal market covered in this report is segmented –
1) By Current Rating: Below 40 Ampere, 41–100 Ampere, Above 100 Ampere
2) By Vehicle Type: Passenger, Commercial
3) By Application: Body Control and Interiors, Safety and Security, Cooling, Engine and Emission Control, Infotainment, Lighting System, Battery System

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Regional Insights –
Asia-Pacific was the largest region in the automotive terminal market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive terminal market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies –
Major companies operating in the automotive terminal market include  Delphi plc, TE Connectivity Ltd., Pohjolan Kaapeli Oy, Furukawa Electric Co. Ltd., Canadian Automobile Association, Tyco Electronics Ltd., Lear Corp., Molex LLC, Viney Corporation, Grote industries Inc., Keats Groups Ltd., Sumitomo Electric  Industries Ltd., Yazaki Corporation, Amphenol Corporation, Aptiv PLC, JST Mfg. Co. Ltd., Kyocera Corporation, Leoni AG, Rosenberger Hochfrequenztechnik GmbH & Co. KG, Samtec Inc., Schlemmer Group, Sumitomo Wiring Systems Ltd., 3M Company, Amphenol Aerospace Corp., Amphenol Industrial Operations Corp.,  Anderson Power Products, Deutsche Telekom, Esterline Technologies Corp., Glenair Inc., Harwin plc

Table of Contents

1. Executive Summary
2. Automotive Terminal Market Characteristics
3. Automotive Terminal Market Trends And Strategies
4. Automotive Terminal Market – Macro Economic Scenario
5. Global Automotive Terminal Market Size and Growth

…

31. Global Automotive Terminal Market Competitive Benchmarking
32. Global Automotive Terminal Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Automotive Terminal Market
34. Automotive Terminal Market Future Outlook and Potential Analysis
35. Appendix

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