Press release
2028 Automotive Terminal Industry Report Growth Forecasts
An automotive terminal is an electronic or electromechanical device that is used to connect, load, or charge cells or batteries. Automotive terminals come in various sizes, specifications, and designs. Terminals are fitted at the end of wires either with the help of a fastener or connector. Connections to these terminals are either temporary or permanent and the design and size of the terminals depend on the end-use in the automobiles sector.
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By geography, the Asia Pacific holds the largest share in the market due to the increase in vehicle production and government mandates regarding the active and passive safety of vehicles. Rising investment in infrastructure, construction activities, and increasing vehicle sales are also projected to drive the growth in this region.
Some of the key players profiled in the Automotive Terminal Market include Delphi Technologies, Aptiv, Furukawa Electric, Grote Industries, Inc., Haldex, Hitachi Metals, Keats Manufacturing, Kyungshin, Lear Corporation., Molex, LLC, PKC Group Ltd, Sumitomo Electric Industries, Ltd., TE Connectivity, Viney Corporation Limited, and Yazaki.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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