DUBLIN--(BUSINESS WIRE)--Aug 22, 2018--The "Automotive Terminal - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Terminal market accounted for $11.83 billion in 2017 and is expected to reach $30.82 billion by 2026 growing at a CAGR of 11.2% during the forecast period.

Growing number of electrical systems in the vehicle and rising demand for automotive safety systems supported by government traffic are some of the key driving factors for the market growth. Moreover, energy efficient e-mobility would create innovative opportunities for players in this market. However, highly consolidated market and design concerns regarding high voltage terminals are hindering the growth of the market.

By application, the battery system segment is expected to drive the growth of the market through the forecasted period due to collaborations between the key component manufacturers and increasing number of OEMs. These vehicles depend upon electric batteries to give the auxiliary power. Battery Electric vehicles include scooters, rail cars, bicycle, buses and cars.

The benefits in battery storage technology have also positively influenced the electric vehicle battery segment. The development of well-established road transportation network has further assists the market growth for these vehicles, with charging points available more frequently on the national roads.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Automotive Terminal Market, By Off-Highway Vehicle Type

6 Global Automotive Terminal Market, By Electric Vehicle

7 Global Automotive Terminal Market, By Current Rating

8 Global Automotive Terminal Market, By On-Highway Vehicle Type

9 Global Automotive Terminal Market, By Application

10 Global Automotive Terminal Market, By Geography

11 Key Developments

12 Company Profiling

Grote Industries PKC Group Keats Manufacturing Molex Viney Corporation Furukawa Electric Delphi TE Connectivity Sumitomo Electric Lear Corporation Autoterminal Japan Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/klxbz8/the_global_market?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180822005595/en/

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Related Topics:Telematics and Vehicle Electronics,Electric and Hybrid Vehicles



SOURCE: Research and Markets

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PUB: 08/22/2018 02:12 PM/DISC: 08/22/2018 02:12 PM