Automotive Terminal Market Segments, Industry News, Regional Analysis and Forecast to 2027|Global Market Player - Viney Corporation Limited, Keats Manufacturing Co
Global automotive terminal market is witnessing an estimated value of USD 29.96 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in the market can be attributed due to rising automation technology and expansion in automotive industry.
Automotive terminals are referred as a connector is an electronic or electromechanical device that offers vehicles with connectivity solutions and is used to connect charger with the batteries of automotive vehicles. Automotive terminals come in various size, specifications and designs, they are built to withstand tough conditions and suit the varying needs of industry. The whole functionality of vehicles depends on the proper operation of the electronic devices and hence each automotive wire terminals and conductors are durable and protected.
Key Developments in the Market:
• In October 2018, Continental announced the acquisition of Kathrein Automotive GmbH so that they can expand their connected mobility, and strengthen them in automotive antenna market. To increase the vehicle connectivity, the company is also planning to develop a high-performance intelligent antenna. This acquisition will lead in expansion and new innovation under connectivity solutions for automotive terminals
• In August 2018, TE Connectivity announced its acquisition of ABB’s ENTRELEC terminal block business. This acquisition will help the company to create platform in order to reduce complexity and drive innovation. By adding the ABB’s ENTRELEC terminal block offering to the company’s portfolio, the company will be able to provide complete system for signal, power and data connectivity.
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Major Market Players Covered in The Battery Thermal System Market Are:
Few of the major competitors currently working in the global automotive terminal market are Viney Corporation Limited, Keats Manufacturing Co., Molex, PKC Group Ltd, FURUKAWA ELECTRIC CO., LTD, Lear Corporation., Delphi Technologies, Sumitomo Electric Industries, Ltd., TE Connectivity, Shree Krishna Automotive Components, Koopman Logistics Group, Terminal Technologies (I) Pvt. Ltd, BLG LOGISTICS GROUP AG & Co. KG,, IRISO Electronics CO., LTD,, Terminal Supply Co., Ascon Engineering Industries, Vehicle Wiring Products Ltd, Patel Mech India, KOREA ELECTRIC TERMINAL CO., LTD. and others.
• Rising demand for automotive system which is supported by government mandates is driving the market forces for automotive terminal market
• Rapid increase in electrical system in vehicle is also acting as market driver
• Increasing energy-efficient e-mobility as well as connected devices are some factors leading to this market expansion
• Increase in concepts of electronics components per vehicle can also act as a driver for this market
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Global Battery Thermal System Market Scope and Segments
• Engine & Emission Control
• Safety & Security System
• Body Control & Interiors
• Lighting System
• Battery System
By Type- On–Highway Vehicle
• Passenger Car (PC)
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)
By Electric Vehicle
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
By Type- Off-Highway Vehicle
• Agricultural Vehicle
• Construction Vehicle
• Middle East and Africa
• North America
• South America
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Strategic Points Covered in Table of Content of Global Exhaust Sensor Market:
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
9. Industry Type
11. Company Landscape
12. Company Profiles
13. Related Reports
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