The global terminal blocks market is expected to display pronounced growth in forthcoming years. The terminal blocks are connector screws that clamp or hold down terminal wires to the base and are needed when many circuits have to be connected either to the power supply or when an earthing point is required. The terminal blocks could be two long aluminum or copper strips designed to connect circuits to the ground or connections to mains outlet.
Growth in terminal blocks market is oriented towards multi-functional and all-purpose, intelligent, finger-safe industry. The industry controls and HVAC are one of the most important sectors of industrial growth contributing equally towards growth of terminal blocks industry during forecast period.
The telecom market segment is using the terminal blocks leading to intensive growth in market and with a lot of connection technologies in use, there is all-round growth in terminal blocks market. The terminal blocks are seizing opportunities in industrial controls, data acquisition and many more rugged applications that require terminal blocks to terminate circuit wires going to mains or ground, thus proving market growth for market.
Rising disposable incomes, technical prowess and energy savings have boosted growth in HVAC industries that opens up growth in terminal blocks market. Asia Pacific is one of the rising markets in terminal blocks industry. This is so due to an increasing growth in telecom equipment and industry controls. HVAC industries provide sufficient openings for terminal blocks and have put industrial activities on a growth-track thus driving growth in Asia Pacific.
Segmentation of terminal blocks market by type include barriers, sectional terminal blocks, PCB mount terminal blocks, power blocks and others. Segmentation of the market by industry includes Business equipment, HVAC, Power supplies, industry controls, instruments, Telecom Equipment, Transportation and others.
Segmentation of the market by structure and function types of terminal blocks includes single-feed through terminal block, dual-level terminal block, three-level blocks, ground circuit terminals, disconnect knife-disconnect switch terminal blocks, fuse terminal blocks, thermocouple blocks , I/O blocks and sensor specific terminal blocks.
Segmentation of terminal blocks market by connection technologies includes spring clamp terminal blocks, screw type terminal blocks, insulation displacement connection, push-in-type terminal blocks and special connections. By region, segmentation includes North America, Europe, Asia pacific, MEA and Latin America. The key industrial players in terminal blocks market include Phoenix Contact GmbH & Co., KG, Weidmuller Interface GmBH & Co., and ABB Group.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Terminal Blocks in these regions, from 2013 to 2025 (forecast), covering
• United States
• South Korea
Global Terminal Blocks market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• TE Connectivity
• Phoenix Contract
• Rockwell Automation
• Schneider Electric
• Degson Electronics
• Amphenol (FCI)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Din Rail Terminal Blocks
• Panel Mount Terminal Blocks
• PCB Terminal Blocks
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Mechanical Equipment
• Rail Transmit
Research Support Specialist, USA