| Product Code: ETC4579465 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automotive terminal market import shipment demonstrated robust growth with a notable CAGR from 2020-2024. The growth rate slightly moderated between 2023 and 2024, indicating a steady expansion. Overall, the market exhibited a positive momentum and upward trend during the period.
The India Automotive Terminal Market is a fundamental component of the automotive electrical system, focusing on the connectivity and termination of electrical wires in vehicles. Terminals ensure the secure and efficient transmission of electrical signals and power between various components and systems. As vehicles become more complex and integrate advanced technologies, the demand for reliable and high-performance terminals is growing. This market is characterized by the need for robust and durable terminal solutions that can withstand the challenging operating conditions of the India automotive landscape. Companies in this sector are continuously innovating to provide connectivity solutions that support the evolution of the India automotive industry.
The India automotive terminal market is witnessing strong growth, primarily driven by several key factors. Firstly, the rapid expansion of the India automotive industry and the increasing vehicle production rates are creating a higher demand for quality terminal components. Automakers are increasingly focusing on creating reliable and durable electrical connections, which is boosting the market for automotive terminals. Additionally, the shift towards electric vehicles and advanced powertrain technologies necessitates terminals that can handle higher power loads efficiently. Furthermore, the government`s emphasis on Make in India and the localization of automotive components is encouraging the growth of the domestic terminal manufacturing industry, bolstering the market.
Challenges in the automotive terminal market in India pertain to the requirement for reliable and durable connections in the face of harsh environmental conditions and increasing electronic components in vehicles.
The automotive terminal market in India, like many other automotive components, experienced supply chain disruptions and reduced production. However, the increasing adoption of electric vehicles and advanced electrical systems boosted the demand for high-quality terminals. Post-pandemic, the market is expected to witness growth as electric vehicle production and advanced electrical systems continue to expand.
In the automotive terminal sector, significant players include Sumitomo Electric Industries, Lear Corporation, Furukawa Electric, Amphenol, and J.S.T. Mfg. Co., Ltd. These companies produce terminals and connectors for automotive electrical systems.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Terminal Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Terminal Market - Industry Life Cycle |
3.4 India Automotive Terminal Market - Porter's Five Forces |
3.5 India Automotive Terminal Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Automotive Terminal Market Revenues & Volume Share, By Current Range, 2021 & 2031F |
3.7 India Automotive Terminal Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
4 India Automotive Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in India, leading to the adoption of advanced automotive terminal technologies. |
4.2.2 Government initiatives and policies promoting domestic manufacturing and Make in India campaign. |
4.2.3 Growth in the automotive industry, leading to higher production and sales of vehicles requiring automotive terminals. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of automotive terminals. |
4.3.2 Intense competition among market players leading to pricing pressures. |
4.3.3 Technological disruptions and rapid advancements requiring continuous investment in research and development. |
5 India Automotive Terminal Market Trends |
6 India Automotive Terminal Market, By Types |
6.1 India Automotive Terminal Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Terminal Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Automotive Terminal Market Revenues & Volume, By Body Control & Interiors, 2021-2031F |
6.1.4 India Automotive Terminal Market Revenues & Volume, By Safety & Security, 2021-2031F |
6.1.5 India Automotive Terminal Market Revenues & Volume, By Cooling, 2021-2031F |
6.1.6 India Automotive Terminal Market Revenues & Volume, By Engine & Emission Control, 2021-2031F |
6.1.7 India Automotive Terminal Market Revenues & Volume, By Infotainment, 2021-2031F |
6.1.8 India Automotive Terminal Market Revenues & Volume, By Lighting System, 2021-2031F |
6.2 India Automotive Terminal Market, By Current Range |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Terminal Market Revenues & Volume, By Below 40 Ampere, 2021-2031F |
6.2.3 India Automotive Terminal Market Revenues & Volume, By 41-100 Ampere, 2021-2031F |
6.2.4 India Automotive Terminal Market Revenues & Volume, By 100 Ampere, 2021-2031F |
6.3 India Automotive Terminal Market, By Propulsion Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Terminal Market Revenues & Volume, By IC Engine, 2021-2031F |
6.3.3 India Automotive Terminal Market Revenues & Volume, By Electric, 2021-2031F |
7 India Automotive Terminal Market Import-Export Trade Statistics |
7.1 India Automotive Terminal Market Export to Major Countries |
7.2 India Automotive Terminal Market Imports from Major Countries |
8 India Automotive Terminal Market Key Performance Indicators |
8.1 Adoption rate of advanced automotive terminal technologies in the Indian market. |
8.2 Percentage of domestic manufacturing in the automotive terminal market. |
8.3 Investment in research and development for innovative automotive terminal solutions. |
8.4 Customer satisfaction and feedback on the quality and reliability of automotive terminals. |
8.5 Environmental impact metrics related to the sustainability of automotive terminal production processes. |
9 India Automotive Terminal Market - Opportunity Assessment |
9.1 India Automotive Terminal Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Automotive Terminal Market Opportunity Assessment, By Current Range, 2021 & 2031F |
9.3 India Automotive Terminal Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
10 India Automotive Terminal Market - Competitive Landscape |
10.1 India Automotive Terminal Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Terminal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |