Automotive Terminal Market Report 2025

This Automotive Terminal market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automotive terminal market size has grown rapidly in recent years. It will grow from $18.78 billion in 2024 to $20.68 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to growth in automotive industry, stringent emission regulations, rising consumer demand for electronics, economic growth.

The automotive terminal market size is expected to see rapid growth in the next few years. It will grow to $31.27 billion in 2029 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to rising vehicle production, electric vehicle adoption, rising global urbanization, growing per capita disposable income, government support. Major trends in the forecast period include digitalization of manufacturing, 5g integration, advanced materials, enhanced safety features, cross-industry collaboration.

The rising volume of automobile production is anticipated to drive the growth of the automotive terminal market. Increased disposable income among individuals in both developing and developed nations, along with a growing demand for personal vehicles for daily commuting, has fueled the rapid rise in demand for passenger and commercial vehicles. This surge in demand for passenger and commercial vehicles is expected to enhance the utilization of automotive terminals, as they are essential components in the manufacturing of automobiles. For example, in May 2023, the European Automobile Manufacturers Association, a Belgium-based trade organization, reported that approximately 85.4 million motor vehicles were produced worldwide in 2022, representing a 5.7% increase compared to 2021. Thus, the increasing production of automobiles is likely to support the growth of the automotive terminals market during the forecast period.

The growth of electric vehicles (EVs) is expected to be a significant driver for the automotive terminal market. Electric vehicles operate using one or more electric motors for propulsion, drawing power from sources such as batteries, fuel cells, or solar panels. Automotive terminals play a crucial role in facilitating electrical connections for power transfer and communication between components in electric vehicles. In 2023, the global electric car market experienced substantial growth, with sales surpassing 10 million units, according to a report by the International Energy Agency. The percentage of electric cars in overall car sales rose from 9% in 2021 to 14% in 2022. Therefore, the increasing adoption of electric vehicles is a key factor propelling the growth of the automotive terminal market.

Technological advancements are a noteworthy trend in the automotive terminal market, with companies focusing on developing advanced products to meet industry demands and strengthen their global market position. For example, JAE Electronics introduced the miniaturized MX79A series high-speed connectors in March 2022. These connectors, designed to support data transmission, improve communication between in-vehicle information and communication technology (ICT) units, such as camera Electronic Control Units (ECUs).

Major companies in the automotive terminal market are strategically introducing hybrid inline connectors to enhance multifunctional connectivity and expand their global presence. An example is the Generation Y 68P Sealed Hybrid Inline Connector, which integrates signal, power, and data connectivity into a single unit. In April 2022, TE Connectivity, a Switzerland-based connector and sensor company, launched the Generation Y 68P Sealed Hybrid Inline Connector designed for low-voltage applications such as cameras and sensors. This connector combines a MATE-AX mini coaxial connector with various contacts and signal circuits, aiming to simplify complex harnesses, reduce costs and weight, and provide a compact solution for OEM industry challenges.

In May 2024, G+T, an Australian law firm, is advising Qube Holdings, a logistics and infrastructure company, in its acquisition of the Melbourne International RoRo & Automotive Terminal for an undisclosed amount. G+T is assisting Qube in acquiring the terminal for approximately $332.5 million. The Melbourne International RoRo & Automotive Terminal (MIRRAT) is a vital infrastructure asset, being the sole dedicated roll-on, roll-off terminal serving the Victorian market. This strategic acquisition aims to enhance operational capacity, improve supply chain efficiency, and support sustainability initiatives, ultimately reinforcing Qube's position as a leader in automotive logistics while positively impacting the local economy.

Major companies operating in the automotive terminal market include Delphi plc, TE Connectivity Ltd., Pohjolan Kaapeli Oy, Furukawa Electric Co. Ltd., Canadian Automobile Association, Tyco Electronics Ltd., Lear Corp., Molex LLC, Viney Corporation, Grote industries Inc., Keats Groups Ltd., Sumitomo Electric Industries Ltd., Yazaki Corporation, Amphenol Corporation, Aptiv PLC, JST Mfg. Co. Ltd., Kyocera Corporation, Leoni AG, Rosenberger Hochfrequenztechnik GmbH & Co. KG, Samtec Inc., Schlemmer Group, Sumitomo Wiring Systems Ltd., 3M Company, Amphenol Aerospace Corp., Amphenol Industrial Operations Corp., Anderson Power Products, Deutsche Telekom, Esterline Technologies Corp., Glenair Inc., Harwin plc.

Automotive terminals are devices designed to provide durable and efficient cable connections in vehicles. These terminals ensure reliable connections in cars, trucks, and other automotive applications. Automotive connector terminals typically consist of standardized components that facilitate quick and high-quality connections between one or more wires and a header or other wires.

The main types of current ratings for automotive terminals are categorized into three groups including below 40 amperes, 41-100 amperes, and above 100 amperes. The below 40 ampere category refers to automotive terminals with a current rating below 40 amperes, commonly used in vehicle applications such as lighting, accessories, and engine idling. Automotive terminals find applications in various systems within vehicles, including body control and interiors, safety and security, cooling, engine and emission control, infotainment, lighting systems, and battery systems. These terminals are utilized in both passenger and commercial vehicles to ensure efficient and reliable electrical connections.

The automotive terminal market research report is one of a series of new reports that provides Automotive terminal market statistics, including automotive terminal industry global market size, regional shares, competitors with an automotive terminal market share, detailed automotive terminal market segments, market trends and opportunities, and any further data you may need to thrive in the automotive terminal industry. This automotive terminal market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Asia-Pacific was the largest region in the automotive terminal market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive terminal market research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the automotive terminal market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The automotive terminal market consists of sales of pin terminals, receptable terminals, sockets terminals, and tab terminals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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