Terminal Block Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1032 | Report Format : | Status : Upcoming |

Abstract

Global Terminal Block Market: Overview

A screw type terminal block is nothing but an electrical connector in which the wires are clamped down to the part that is mainly of metal by the screw. This gives the benefit of connection more than one circuit to other circuits. The different components are connected with the help of two long strips which may be of aluminum or copper. A barrier strip consists of many screw terminals. The terminal blocks are insulated blocks which are modular that secure many wires together. The growing demand for the PCB terminal blocks and the advancements in the terminal block technologies are the prime drivers of the market growth.

Global Terminal Block Market: Segmentation

The terminal block market is globally segmented into its type, industry, function types, connection technologies, and geography. On the basis of the type the terminal block market is categorized into sectional terminal blocks, power blocks, barriers, PCB mount terminal blocks and others. Based on the industry the terminal block market is segregated into HVAC, industry controls, telecom equipment, business equipment, power supplies, instruments, transportation and others. On the basis of the function types the terminal block market is divided into dual-level terminal blocks, ground circuit terminals, fuse terminal blocks, I/O blocks, single-feed through terminal blocks, three level blocks, disconnect/knife-disconnect/switch terminal blocks, thermocouple blocks and sensor-specific terminal blocks. On the basis of the connection technologies the terminal block market is categorized into screw-type terminal blocks, push-in type terminal blocks, spring clamp terminal blocks, insulation displacement connection and special connections. Region wise the terminal block market diversifies into Asia-Pacific, Europe, North America and Rest of the World.

Global Terminal Block Market: Growth Factors

The major factors that are driving the terminal block market include the growth in the PCB market owing to the growing demand for the PCB terminal blocks. There have been various technological advancements in the various connections for the terminal blocks which is giving opportunities to the market to grow. There has been an increase in demand for the adoption of the multifunctional, multipurpose, finger-safe terminal blocks, intelligent and the adoption of the terminal block in the telecom sector. There will be an increased array of opportunities for the growth of the terminal block market, in the coming years, owing to factors such as rapid urbanization, industrialization, and demand for the micro-miniaturized terminal blocks. The factor that hampers the market growth is the challenge that the manufacturers will face in designing the surface mount technology terminal blocks.

Global Terminal Block Market: Regional Analysis

The region that dominates the terminal block market is the Asia-Pacific and it will continue to do so in the coming years. The factors that are acting favorable for this are the rise in the markets for the telecom equipment, growth in the HVAC industry, the industrial controls, power supplies and the instruments are providing huge opportunities for the growth of the terminal block market. The rapid industrialization in this region and the growing demand for the process control plants are driving the terminal block market. The developing regions such as India, China, and Indonesia have contributed a major share in the growth of the terminal block market.

Global Terminal Block Market: Competitive Players

The major market players in the terminal block market include WAGO Kontakttechnik GmbH & Co. KG, ABB Group, WECO Electrical Connectors Inc., Molex, LLC., Metz Connect, Wieland Electric GmbH, Rockwell Automation, Inc., Phoenix Contact GmbH & Co. KG, Eaton Corp. Plc and Weidmüller Interface GmbH & Co. KG.

Global Terminal Block Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

High Voltage Switchgear Market: By Type (Air Insulated, Gas Insulated, and Others),By Component (Circuit Breaker, Relays, Measuring Instruments, Transformers, and Others),and By Application (Power Generation, Transmission & Distribution, Infrastructure Development, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2024

Nov-2018 | Price : $ 4899.00 | Pages: 159 | Report Code: ZMR-3515 | Report Format:

The report covers forecast and analysis for the high voltage switchgear market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024based on revenue (USD Billion). The study includes drivers and restraints for the high v...Read More

HVAC Systems Market by Heating Product (Heat Pumps, Furnaces, Space Heaters, and Boilers), by Air Conditioning Product (Room/Unitary Air Conditioners, Chillers, VRF Systems, Coolers, and Others), by Ventilation Product (Air Filters, Air Purifiers, Centrifugal Fans, Roof Vent, Ventilation Fan, and Air Handling Unit), and by Application Area (Residential, Commercial, Manufacturing, and Automotive): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Oct-2018 | Price : $ 4899.00 | Pages: 176 | Report Code: ZMR-3482 | Report Format:

The report analyzes and forecasts the HVAC systems market on a global and regional level. The study offers historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The assessment of HVAC systems market dynamics gives a brief insight into the drivers...Read More

Industrial Magnetrons Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3480 | Report Format:

Global Industrial Magnetrons Market: Overview A magnetron is basically a vacuum tube of high power, which mainly functions as a self-activated microwave oscillator. Electron and crossed magnetic field are mainly utilized in the magnetron equipment to produce high-power production needed in radar...Read More

Grid-Scale Battery Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3458 | Report Format:

Global Grid-Scale Battery Market: Overview Grid-scale batteries or large-scale energy storage devices are used for storing electrical energy on a huge scale inside a grid of electrical power. When production exceeds consumption, electrical energy is stored. Generally, this excess energy is produ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.