[Start of Market Research Report Handling] Global Market Report on Automotive Terminals 2023-2030

The global market for automotive terminals, estimated at 26.6 billion USD in 2023, is projected to grow at a CAGR of 8.7% from 2023 to 2030, reaching 47.7 billion USD by 2030. One of the segments analyzed in this report, cooling, engine, and exhaust control applications, is expected to record a CAGR of 8.4%, reaching 16.3 billion USD by the end of the analysis period. The growth rate in the safety and security applications sector is estimated to be a CAGR of 8.4% during the analysis period.
The automotive terminal market in the United States is estimated to be 7 billion USD in 2023. China, the world's second-largest economy, is forecasted to reach a market size of 10.6 billion USD by 2030, with a CAGR of 11.6% during the analysis period from 2023 to 2030. Other notable regional markets include Japan and Canada, with projected CAGRs of 5.8% and 7.1%, respectively, during the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 6.6%.
■Issued by
Global Industry Analysts, Inc.

Inquiry about this news
Contact Us OnlineMore Details & Registration
Details & Registration