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

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

System on Module Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4203 | Report Format:

Global System on Module Market: Overview System on the module is a very tiny form factor that can be readily used and comprises of the embedded processor module. Apart from this, the system also embeds software as well as hardware. With IoT and Industry 4.0 industries gaining acceptance across t...Read More

Programmable Stage Lighting Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4185 | Report Format:

Global Programmable Stage lighting market: Overview Today, the use of programmable stage lighting device has advanced for music activities, concerts, premier clubs, conference rooms, theme parks, and architectural environments worldwide. Global Programmable Stage Lighting Market: Growth Factor...Read More

Mobile Accessories Market by Type (Headphone/Earphone, Battery, Charger, Protective Case, Portable Speaker, and Others), by Distribution Channel (Online and Offline), and by Price Range (Low, Medium, and Premium): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2026

Jun-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4183 | Report Format:

The report covers a forecast and an analysis of the mobile accessories market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion). The study includes the drivers and restraints of the mobile acc...Read More

Gas Detection Equipment Market by Product Type (Portable Gas System and Fixed Gas System), by Gas Type (Flammable, Oxygen, and Toxic), by Technology Type (Single-Gas Detection and Multi-Gas Detection), and By End-Use (Food & Beverages, Oil & Gas, Mining, Chemicals & Specialty Chemicals, Emergency Services, Water Treatment, Power Generation/Utilities, Building Automation & Construction, Semiconductors, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

May-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4169 | Report Format:

The report covers a forecast and an analysis of the gas detection equipment market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million) and volume (K Units). The study includes the drivers and re...Read More

Safety Valves Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4168 | Report Format:

Global Safety Valves Market: Overview The safety valve is a kind of valve that performs its tasks as a fail-safe. For instance, pressure relief valve, a kind of safety valve, automatically discharges material from a pressure vessel or a boiler in the case when the temperature or pressure crosses...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.