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Automotive Terminal Market Is Expected To Grow at a CAGR of 9.14% by 2030 - Report by Market Research Future (MRFR) - GlobeNewswire

New York, US, Dec. 09, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), Automotive Terminal Market by Current Rating, Region, Vehicle Type, and Application - Forecast till 2030, the global market for automotive terminals is predicted to flourish considerably during the review period from 2022 to 2030 at a healthy growth rate of approximately 9.14%. The reports further project that the market will acquire a size of around USD 17,600 million by the end of 2026.

Automotive Terminal Market Overview:

An automotive terminal refers to a device that is operated electronically. It is utilized to connect with either the battery in a car or the cell in a car. It is a crucial technique to charge both kinds of cars. As there are no such things as a standard automotive terminal, they come in various designs, sizes, shapes, etc. Their size and design are widely described by how they are utilized to charge cars. They have a connector or fastener at the end of the wire connecting them to the car's cell or battery. The connectors are of two kinds: permanent or temporary. An automotive Terminal is a connector used to connect electric devices in the car and charger with batteries of automotive vehicles. These kinds of terminals are usually produced in agreement with the size and requirement of the car and need. These are dependable and can survive the weather and other natural conditions. The global Automotive Terminal Market has demonstrated a massive expansion in recent years. The primary parameter boosting the performance of the market is the growing demand for electric vehicles among the population around the world.

Automotive Terminal Market Competitive Analysis

The catalog for the prominent participants across the global Automotive Terminal Market includes players such as:

Viney Corporation Limited (India) TE Connectivity Ltd. (Switzerland) Furukawa Electric Co., Ltd. (Japan) Sumitomo Electric Industries, Ltd. (Japan) PKC Group (Finland) Delphi Plc (U.K) Molex, LLC (U.S.) Lear Corporation (U.S.) Grote Industries (U.S.) Keats Manufacturing Co. (U.S.)

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Furthermore, the increasing demand for automotive safety systems in compliance with government mandates and the presence of various stringent government regulations related to safety systems are also boosting the market's growth over the assessment period. Moreover, the availability of automotive terminals in several specifications, designs, and sizes based on the demand of the end-user industry and the rise in the requirement for innovative technologies offering enhanced connectivity solutions with the increasing demand for luxurious and smart vehicles are also predicted to boost up the growth of the market over the coming years. In addition, the factors such as changing preference towards luxury cars, increase in production and sales of electric vehicles, and growth of the automotive sector are also likely to catalyze the demand for these systems over the evaluation period. Moreover, the standpoint of connected, semi-autonomous, and autonomous vehicles and energy-efficient e-mobility offer beneficial opportunities to the market players over the review period. On the contrary, the long-term reliability difficulty for battery terminals is likely to limit the market's performance.

Automotive Terminal Market Report Scope:

Report Metric Details
Growth Rate CAGR of 9.14% from 2022 to 2030
Base Year 2021
Study Period 2022-2030
Key Market Opportunities Increased concerns regarding energy efficient vehicles
Key Market Drivers Increase in demand for electric vehicles

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Automotive Terminal Market USP Covered

Market Drivers

The global Automotive Terminal Market has shown massive development in latest years. The primary constraint enhancing the performance of the market is the expanding demand for electric vehicles among people around the world. Likewise, the improving demand for automotive safety systems in conformity with government mandates and the presence of various stringent government regulations related to safety systems are also boosting the market's growth over the assessment period. Moreover, the availability of automotive terminals in several specifications, designs, and sizes based on the demand of the end-user industry and the rise in the requirement for innovative technologies offering enhanced connectivity solutions with the increasing demand for luxurious and smart vehicles are also predicted to boost up the growth of the market over the coming years. In addition, the factors such as changing preference towards luxury cars, increase in production and sales of electric vehicles, and growth of the automotive sector are also likely to catalyze the demand for these systems over the evaluation period.

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Automotive Terminal Market Restraints

On the contrary, the long-term reliability difficulty for battery terminals is likely to limit the market's performance.

COVID-19 Impact

The global Automotive Terminal Market has recently faced several unexpected challenges, given the rise of the global health hazard in the form of COVID-19. On the other hand, with global industrial and financial activities returning to normal, the global market is anticipated to showcase noticeable development over the coming years.

Automotive Terminal Market Segment Analysis

Among all the current ratings, the less than 50-ampere segment is anticipated to secure the top spot across the global market for automotive terminals over the review era.

Among all the vehicle types, the passenger vehicle segment is predicted to secure the lead across the global market for automotive terminals during the assessment timeframe.

Among all the application areas, the safety & security segment is anticipated to secure the top spot across the global market for automotive terminals through the review timeframe.

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Automotive Terminal Market Regional Analysis

The global Automotive Terminal Market is analyzed across five critical geographies: Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

The research reports by MRFR suggest that the Asia-Pacific region is anticipated to ensure the top spot across the global Automotive Terminal Market over the review timeframe. The central aspect boosting the development of the regional market is the production of the highest number of automotive terminals. Furthermore, the growing per capita income among emerging nations is also considered the driving aspect of the regional market.

The North American regional market for automotive terminals is predicted to demonstrate considerable development over the assessment period.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Where next for EV battery manufacturing and sourcing? - Automotive World

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Automotive Active Health Monitoring System Market to Witness Stunning Growth to Generate Huge Revenue Forecast to 2022-2030 - Digital Journal

Market Research, Inc. published a new Report on Automotive Active Health Monitoring System Market, taking into consideration new trends, opportunities, risk factors, challenges; market Drivers along with its segmentation. Our research experts have prepared this report with help of Porter Five PESTLE Analysis, SWOT Analysis as well as by conducting primary interviews and secondary research techniques.  This report presents and showcases a dynamic vision of the global scenario in terms of market size, market statistics and competitive situation.

Automotive active health monitoring systems is classified as a type of driver behavior intelligence system in automotive. Regulators and automotive safety bodies are increasingly demanding mandatory incorporation of ADAS features like driver tracking in their roadmaps to enhance road safety.

The Research report presents a complete overview of the market which consists of future trends, growth factors, consumption, production volume, CAGR value, profit margin, price and industry-validated market data. This report helps individuals and market competitors to predict future profitability and to make critical decisions for business growth.

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Segment Analysis:

The global Automotive Active Health Monitoring System market report includes a detailed analysis of the segmentation of this industry. This is done to ensure a comprehensive detailing of the Automotive Active Health Monitoring System market, all while ensuring that our esteemed client is able to utilize our projected data to formulate comprehensive business decisions that will realign the trajectory of their respective organizations. This market is segmented accordingly – by Types and By Applications, with regards to Automotive Active Health Monitoring System market segmentation.

Global Automotive Active Health Monitoring System Market Outlook by Segments:

Based on Types:

Passenger Vehicle Hatchback Sedan SUV Commercial Vehicle

Based on Applications:

Pulse Blood Sugar Level Blood Pressure Others

Competitive Landscape:

The given section on the global Automotive Active Health Monitoring System market will include an extensive examination of the various players in this industry, their respective company overviews, an analysis of existing product portfolios, financials, etc. We even include a supply-chain analysis, a PEST analysis, market probability scenarios, Porter’s Five Forces analysis, and other related frameworks that are meant to aid in the expansion of your reputed organization. The specific application of these given findings allows all our clients to apply essential yet accurate data when formulating the most-suitable business strategies with the aim of improving their business’ footprint in this global industry.

Key Players:

Faurecia, TATA Elxsi, Plessey Semiconductors, Acellent Technologies, Hoana Medical, Inc., LORD, Micro Strain Sensing Systems, FLEX LTD.

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Years Considered for the Automotive Active Health Monitoring System Market Size:

Historic Years: 2015-2020 Base Year: 2021 Forecast Years: 2022-2030

Regional Analysis:

Our global Automotive Active Health Monitoring System market research report has been curated to derive a comprehensive analysis, including this industry’s footprint, as well as sales demographics of all respective regions and countries involved. These regions are covered as follows – North America, Europe, Asia Pacific, Latin America, as well as the Middle East & Africa.

Features of the Automotive Active Health Monitoring System Market Report

In-depth Automotive Active Health Monitoring System industry data presented in an easy-to-understand format Clear-cut market segmentation of the Automotive Active Health Monitoring System industry, detailing key aspects of each sub-segment Well-analyzed key market player profiles along with their corresponding strategies In-depth intel concerning existing as well as potential trends in the Automotive Active Health Monitoring System market Industry drivers and restraints of the Automotive Active Health Monitoring System market have the potential to influence each of its segments and regions of operation. A precise comprehension of expansion strategies as well as potential acquisitions for various engaged companies. This report offers an amalgam of well-articulated intelligence, along with graphical representations of numerous related market variables.

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Market Research, Inc. is farsighted in its view and covers massive ground in global research. Local or global, we keep a close check on both markets. Trends and concurrent assessments sometimes overlap and influence the other.  When we say market intelligence, we mean a deep and well-informed insight into your products, market, marketing, competitors, and customers. Market research companies are leading the way in nurturing global thought leadership. We help your product/service become the best they can with our informed approach.

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Is a divided Congress good or bad for the auto industry? - Automotive News

Warnock introduced the bill — known as the Affordable Electric Vehicles for America Act — in September. The legislation would create a longer phase-in for the EV tax credit's North American final assembly requirement as well as its critical mineral and battery component provisions.

As of the Inflation Reduction Act's enactment in mid-August, eligible EVs must be built in North America. Restrictions on sticker price, buyer income, and battery component and critical mineral sourcing take effect Jan. 1, disqualifying automakers such as Hyundai Motor Group that do not yet make EVs in the U.S.

Under Warnock's bill, only EVs sold after Dec. 31, 2025, would have to be built in North America. Restrictions on critical mineral sourcing and the domestic manufacturing of battery components also would be delayed.

U.S. Reps. Terri Sewell of Alabama, Emanuel Cleaver of Missouri and Eric Swalwell of California — all Democrats who won midterm reelections in their states — introduced a companion bill last month.

Warnock has argued that automakers in his state need more time to meet the onshoring requirements and bring U.S. EV and battery factories online.

In a statement to Automotive News, Hyundai said it supports Warnock's efforts and is actively engaging with the senator, other policymakers and the Biden administration regarding the credit's North American assembly requirement.

"We strongly support solutions that provide transition relief during the period that EV and battery manufacturing plants are under construction in the United States to companies such as ours that have made binding and irrevocable commitments to build EVs here," the automaker said, noting its $5.5 billion EV factory near Savannah, Ga., that will produce Hyundai, Genesis and Kia models and create more than 8,000 jobs by the time it opens in 2025. None of its EVs will qualify for the tax credit before then.

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Rick Case Automotive Group celebrates 40th year of Bikes for Kids program - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale

DAVIE, FLA. (WSVN) - The Rick Case Automotive Group is gifting pedal power to dozens of area children.

The dealership is celebrating its 40th year of the Rick Case Bikes for Kids program.

Children in the Boys and Girls Clubs of Broward received a new bicycle to take home for Christmas at the Rick Case Volkswagen in Davie, Thursday afternoon.

“It feels like Christmas morning, is what it feels like, to see their faces, and then for them to see all the bicycles waiting for them, running over to see the bike that has their name on it, because we had them matched specifically to their size, and just so many of them saying they’ve never had a bicycle before,” said Rita Case, CEO of Rick Case Automotive Group.

Anyone wanting to gift a bicycle to children this season may still join in by dropping off a new bike at any Rick Case dealership before Dec. 20.

Copyright 2022 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Free Review:

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