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Allied Market Research

Automotive Terminal Market by Current Rating (Below 40 Ampere, 41-100 Ampere and Above 100 Ampere), Electric Vehicles (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV) and Plug in Hybrid Electric Vehicle (PHEV)), Application (Body Control & Interiors, Safety & Security, Cooling, Engine & Emission Control, Infotainment, Lightning System and Battery System), On-Highway Vehicles (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles) and Off-Highway Vehicles (Construction Vehicles and Agriculture Vehicles): Global Opportunity Analysis and Industry Forecast, 2021–2027

A10269
Pages: NA
Jun 2021 | 176 Views
 
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COVID-19

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Automotive terminal is an electronic or an electromechanical device that is used to connect, load, or charge with 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 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. With increasing use of electronic components in vehicles, global automotive terminal market is increasing in terms of value and volume. Automobiles industries are switching from hardware-driven to software-driven, thus leading to the growth of global automotive terminal market.

Market scope and structure analysis

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

Current rating, Electric vehicles, Application, On-highway vehicle and Off-highway vehicles

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa

  Companies covered

Strukton, Alstom, AEG Power Solutions B.V., Siemens, TOSHIBA CORPORATION, CRRC, Hitachi Ltd., Bombardier, Bharat Heavy Electricals Limited, Wabtec Corporation, Metso Corporation, Brookville Equipment Corporation

 

Covid-19 Scenario Analysis

  • The global market for automotive terminal is severely impacted by the outbreak of the COVID-19 pandemic. 
  • The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns. 
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of automotive terminal, which negatively impact the market growth.
  • However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

The significant factors impacting the growth of automotive terminal market are supportive regulations regarding safety systems and rise in demand of electric systems. However, terminals that are capable of handling vibration requirements and highly consolidated automotive terminal market hampers the growth of automotive terminal market. On the other hand, future prospectus of connected vehicles and e-mobility provides an opportunity to the automotive terminal market to grow in near future.

Supportive regulations regarding safety systems

Safety is one of the biggest concern in the automotive industry. Government introduced some standards to assure the safety of passengers. Some programs like highway traffic safety administration (NHTSA) are imposed for collision avoidance system.  These supportive measures related to the security of the passengers results in the growth of automotive terminal market in near future.

Rise in demand of electric systems

With technological advancements automotive manufacturers are engaged in developing innovative technology. These innovative technologies will provide better connectivity solutions to the passengers.  Rise in demand for electric and autonomous vehicles has boosted the demand for electric system. Thus resulting in the growth of automotive terminal market in near future.

Key segments covered:

Segments

Subsegments

  Current rating

  • Below 40 ampere
  • 41-100 ampere
  • Above 100 ampere

  Electric vehicles

  • Battery electric vehicle (BEV)
  • Hybrid electric vehicle (HEV)
  • Plug in hybrid electric vehicle(PHEV)

  Application

  • Body control and interiors
  • Safety and security
  • Cooling, engine and emission control
  • Infotainment
  • Lightning system
  • Battery system

  On-highway vehicle

  • Passenger cars
  • Light commercial vehicles
  • Heavy commercial vehicles

  Off-highway vehicles

  • Construction vehicles
  • Agriculture  vehicles

 

Key benefits of the report:

  • This study presents the analytical depiction of global automotive terminal market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global automotive terminal market share.
  • The current market is analyzed from 2020 to 2027 to highlight the global automotive terminal market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global automotive terminal market analysis depending on competitive intensity and how the competition will take shape in coming years.

Questions answered in the global automotive terminal market research report:

  • Which are the leading players active in global automotive terminal market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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