Terminal Block Market by Type (Barriers or Barrier Strips, Sectional Terminal Blocks, PCB Mount Terminal Blocks, Power Terminal Blocks), Industry (HVAC Systems, Industrial Controls, Process Control Instruments) - Global Forecast to 2027
The terminal block market size is expected to grow from USD 3.9 billion in 2022 to USD 5.2 billion by 2027; it is expected to grow at a CAGR of 5.7% from 2022 to 2027. The key factors driving the growth of the terminal block market are surging demand for PCB terminal blocks from various industries and advancements observed in connection technologies which is deployed in terminal blocks; and thus provides various advantages to the industries.
“PCB mount terminal blocks is expected to grow at higher rate from 2022 to 2027”
PCB mount terminal blocks are modular and insulated devices that provide reliable connections. These blocks are mounted on printed circuit boards (PCBs), which come in pluggable and fixed configurations in various pitch sizes and wire sizes and are used to transmit signals, data, and power safely. These terminal blocks are used in various applications, such as home charging stations, flow meters, controllers, power supplies, etc. Nowadays, PCB blocks are available in different models, including wire cage models, front entry models, and wire protector types. The PCB mount terminal blocks is gaining popularity in the recent years, as constant advancements in PCB mount terminal blocks prompt industries to adopt them at a faster rate.
“Industrial controls to hold largest share in 2021”
The industrial controls segment holds the largest share of terminal block market in 2021. The rising adoption of automation devices and industry 4.0 in manufacturing units in most developed countries such as the US, Canada, the UK, and Germany, as well as in some developing countries such as China and India, has propelled the growth of the global industrial controls and factory automation market. The increasing use of advanced tools and technologies in manufacturing units elevates the demand for terminal blocks. Besides, terminal blocks are commonly used in industrial equipment such as switchgear, machine controls, distribution panels, and measuring devices, there by accelerating the growth of the terminal block market for industrial controls.
“Asia Pacific is expected to capture largest market growth rateduring forecast period”
The Asia Pacific region is expected to hold the largest market growth rate of the terminal block market during the forecast period. Rapid urbanization and high disposable income are improving the lifestyles of people in this region. As a result, there is a high demand for premium cars, high-end electronic devices, and HVAC systems. This creates a strong demand for terminal blocks from the automotive, telecom equipment, and HVAC systems industries. Besides, the emerging economies in Asia Pacific would majorly contribute to the terminal block market in the forecast period. Increasing industrial activities in China, India, Japan, and Indonesia drive the growth of the terminal block market in Asia Pacific.
The break-up of the profiles of primary participants for the report has been given below:
Research Coverage:
The research report on the global terminal block market covers the market based on type, industry, classification of terminal blocks according to their structure, function type, and connection type; mounting type,and region. Based on type, the market has been segmented into barriers or barrier strips, sectional terminal blocks, PCB mount terminal blocks, power terminal blocks, and other terminal blocks. Based on industry, the market has been segmented into business equipment, HVAC systems, power supplies, industrial control, process control instruments, telecom equipment, transportation, and other industries. Based on classification of terminal blocks according to their structure, function type, and connection type, the market has been segmented into terminal blocks based on structure and function which includes single-level feed-through terminal blocks, double-level terminal blocks, triple-level terminal blocks, ground circuit terminals, disconnect/knife disconnect/switch terminal blocks, fuse terminal blocks, thermocouple blocks, I/O blocks, and sensor-specific terminal blocks; whereas terminal blocks on connection technologies includes spring (cage clamp)-type terminal blocks, screw-type terminal blocks, insulation displacement connection-type terminal blocks, push-in-type terminal blocks, and special connections (slip-on plug-in connection, TERMI-POINT connection). Based on mounting type, the market has been segmented into DIN rail and PCB mount. The report covers four major regions, namely,North America, Europe, AsiaPacific (APAC), and Rest of the World (RoW).
Key Benefits of Buying the Report:
“PCB mount terminal blocks is expected to grow at higher rate from 2022 to 2027”
PCB mount terminal blocks are modular and insulated devices that provide reliable connections. These blocks are mounted on printed circuit boards (PCBs), which come in pluggable and fixed configurations in various pitch sizes and wire sizes and are used to transmit signals, data, and power safely. These terminal blocks are used in various applications, such as home charging stations, flow meters, controllers, power supplies, etc. Nowadays, PCB blocks are available in different models, including wire cage models, front entry models, and wire protector types. The PCB mount terminal blocks is gaining popularity in the recent years, as constant advancements in PCB mount terminal blocks prompt industries to adopt them at a faster rate.
“Industrial controls to hold largest share in 2021”
The industrial controls segment holds the largest share of terminal block market in 2021. The rising adoption of automation devices and industry 4.0 in manufacturing units in most developed countries such as the US, Canada, the UK, and Germany, as well as in some developing countries such as China and India, has propelled the growth of the global industrial controls and factory automation market. The increasing use of advanced tools and technologies in manufacturing units elevates the demand for terminal blocks. Besides, terminal blocks are commonly used in industrial equipment such as switchgear, machine controls, distribution panels, and measuring devices, there by accelerating the growth of the terminal block market for industrial controls.
“Asia Pacific is expected to capture largest market growth rateduring forecast period”
The Asia Pacific region is expected to hold the largest market growth rate of the terminal block market during the forecast period. Rapid urbanization and high disposable income are improving the lifestyles of people in this region. As a result, there is a high demand for premium cars, high-end electronic devices, and HVAC systems. This creates a strong demand for terminal blocks from the automotive, telecom equipment, and HVAC systems industries. Besides, the emerging economies in Asia Pacific would majorly contribute to the terminal block market in the forecast period. Increasing industrial activities in China, India, Japan, and Indonesia drive the growth of the terminal block market in Asia Pacific.
The break-up of the profiles of primary participants for the report has been given below:
- By Company Type: Tier 1 = 52%, Tier 2 = 31%, and Tier 3 = 17%
- By Designation: C-Level Executives = 47%, Directors= 31%, and Others= 22%
- By Region: North America = 31%, Europe = 29%, Asia Pacific = 34%, and RoW = 06%
Research Coverage:
The research report on the global terminal block market covers the market based on type, industry, classification of terminal blocks according to their structure, function type, and connection type; mounting type,and region. Based on type, the market has been segmented into barriers or barrier strips, sectional terminal blocks, PCB mount terminal blocks, power terminal blocks, and other terminal blocks. Based on industry, the market has been segmented into business equipment, HVAC systems, power supplies, industrial control, process control instruments, telecom equipment, transportation, and other industries. Based on classification of terminal blocks according to their structure, function type, and connection type, the market has been segmented into terminal blocks based on structure and function which includes single-level feed-through terminal blocks, double-level terminal blocks, triple-level terminal blocks, ground circuit terminals, disconnect/knife disconnect/switch terminal blocks, fuse terminal blocks, thermocouple blocks, I/O blocks, and sensor-specific terminal blocks; whereas terminal blocks on connection technologies includes spring (cage clamp)-type terminal blocks, screw-type terminal blocks, insulation displacement connection-type terminal blocks, push-in-type terminal blocks, and special connections (slip-on plug-in connection, TERMI-POINT connection). Based on mounting type, the market has been segmented into DIN rail and PCB mount. The report covers four major regions, namely,North America, Europe, AsiaPacific (APAC), and Rest of the World (RoW).
Key Benefits of Buying the Report:
- This report segments the terminal block market comprehensively and provides the closest approximations of the overall market size, as well as that of the subsegments across different type, industry, classification of terminal blocks according to their structure, function type, and connection type; mounting type,and region.
- The report helps stakeholders understand the pulse of the market, expected market scenario and provides information on key market drivers, restraints, challenges, and opportunities.
- The report helps to understand the COVID-19 impact on the terminal block market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 TERMINAL BLOCK MARKET SEGMENTATION
FIGURE 2 GEOGRAPHIC SCOPE
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 TERMINAL BLOCK MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY-SIDE): REVENUE GENERATED THROUGH SALES OF PRODUCTS/SOLUTIONS/SERVICES PERTAINING TO TERMINAL BLOCKS
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis (demand side)
FIGURE 5 TERMINAL BLOCK MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis (supply side)
FIGURE 6 TERMINAL BLOCK MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 STUDY ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 RISKS AND ASSOCIATED RESULTS
3 EXECUTIVE SUMMARY
FIGURE 8 SECTIONAL TERMINAL BLOCKS TO DOMINATE MARKET IN 2022
FIGURE 9 INDUSTRIAL CONTROLS TO CAPTURE MAJORITY OF MARKET SHARE IN 2027
FIGURE 10 ASIA PACIFIC TO WITNESS HIGHEST CAGR IN TERMINAL BLOCK MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN TERMINAL BLOCK MARKET
FIGURE 11 RAPID INDUSTRIALIZATION IN ASIA PACIFIC COUNTRIES LIKELY TO DRIVE MARKET GROWTH
4.2 TERMINAL BLOCK MARKET, BY TYPE
FIGURE 12 SECTIONAL TERMINAL BLOCKS TO HOLD LARGEST MARKET SHARE IN 2027
4.3 TERMINAL BLOCK MARKET, BY INDUSTRY
FIGURE 13 PROCESS CONTROL INSTRUMENTS TO RECORD HIGHEST CAGR IN TERMINAL BLOCK MARKET DURING FORECAST PERIOD
4.4 TERMINAL BLOCK MARKET, BY REGION
FIGURE 14 ASIA PACIFIC EXPECTED TO COMMAND TERMINAL BLOCK MARKET THROUGHOUT FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 GLOBAL TERMINAL BLOCK MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Surging demand for PCB terminal blocks from various industries
5.2.1.2 Ongoing advancements in connection technologies
5.2.1.3 Growing implementation of advanced terminal blocks in telecom sector
5.2.1.4 Rising adoption of electric vehicles
FIGURE 16 IMPACT OF DRIVERS ON TERMINAL BLOCK MARKET
5.2.2 RESTRAINTS
5.2.2.1 Difficulty in selecting right terminal block according to applications
FIGURE 17 IMPACT OF RESTRAINTS ON TERMINAL BLOCK MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Rapid urbanization and industrialization in developing countries
5.2.3.2 Increased need for micro-miniature terminal blocks
FIGURE 18 IMPACT OF OPPORTUNITIES ON TERMINAL BLOCK MARKET
5.2.4 CHALLENGES
5.2.4.1 Design-related challenges while developing surface-mount technology-based terminal blocks
FIGURE 19 IMPACT OF CHALLENGES ON TERMINAL BLOCK MARKET
5.3 VALUE CHAIN ANALYSIS
FIGURE 20 TERMINAL BLOCK MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM
FIGURE 21 GLOBAL TERMINAL BLOCK MARKET: ECOSYSTEM
TABLE 2 COMPANIES AND THEIR ROLES IN TERMINAL BLOCK ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE OF TERMINAL BLOCKS OFFERED BY KEY PLAYERS, BY TYPE
FIGURE 22 AVERAGE SELLING PRICE OF TERMINAL BLOCKS PROVIDED BY KEY PLAYERS, BY TYPE
TABLE 3 AVERAGE SELLING PRICE OF TERMINAL BLOCKS PROVIDED BY KEY PLAYERS, BY TYPE (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
5.7 TECHNOLOGY ANALYSIS
5.7.1 PUSH-IN CONNECTION
5.7.2 PIERCE CONNECTION
5.7.3 CRIMP CONNECTION
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 TERMINAL BLOCK MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 BARGAINING POWER OF SUPPLIERS
5.8.2 BARGAINING POWER OF BUYERS
5.8.3 THREAT OF SUBSTITUTES
5.8.4 THREAT OF NEW ENTRANTS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 KEY STAKEHOLDERS & BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 24 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 INDUSTRIES
TABLE 5 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 INDUSTRIES (%)
5.9.2 BUYING CRITERIA
FIGURE 25 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
TABLE 6 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
5.10 CASE STUDY
5.10.1 PHOENIX CONTACT HELPS AEON TO CONTROL LIGHTING SYSTEM REMOTELY BY INTEGRATING I/O TERMINALS BLOCKS WITH HMI SOLUTION
5.10.2 SPRING PRESSURE CONNECTION TECHNOLOGY BY WAGO MAKES LIGHTING CONNECTION EASY FOR K-LITE
5.10.3 CONNECTWELL RESOLVES SIGNAL INTERRUPTION ISSUE FACED BY HARAMAIN RAILWAY WITH DEPLOYMENT OF SPRING CLAMP SERIES
5.10.4 CHETTINAD CEMENT’S WAGON TIPPLER UNLOADING SYSTEM USES SPACE-SAVING TERMINAL BLOCKS FROM CONNECTWELL
5.11 TRADE ANALYSIS
FIGURE 26 IMPORT DATA FOR HS CODE 8536, BY KEY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 27 EXPORT DATA FOR HS CODE 8536, BY KEY COUNTRY, 2017–2021 (USD MILLION)
5.12 PATENT ANALYSIS
FIGURE 28 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
FIGURE 29 ANALYSIS OF PATENTS RELATED TO TERMINAL BLOCKS, 2012–2021
TABLE 7 NUMBER OF PATENTS FILED BY TOP 20 MARKET PLAYERS
5.12.1 LIST OF MAJOR PATENTS
5.13 KEY CONFERENCES AND EVENTS IN 2022 AND 2023
TABLE 8 TERMINAL BLOCK MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.14 TARIFF AND REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 MARKET STANDARDS
5.14.2.1 UL 1059
5.14.2.2 CSA C22.2 no. 158
5.14.2.3 NEMA ICS 4
5.14.2.4 UL 486E
5.14.2.5 EN 60947-7-2
5.14.2.6 IEC 60947-7-1:2009
5.14.2.7 EN 60934
5.14.2.8 EN 50019
6 CLASSIFICATION OF TERMINAL BLOCKS ACCORDING TO STRUCTURE, FUNCTION, AND CONNECTION TYPE
6.1 INTRODUCTION
FIGURE 30 CLASSIFICATION OF TERMINAL BLOCKS BY STRUCTURE, FUNCTION, AND CONNECTION TYPE
6.2 TERMINAL BLOCKS BASED ON STRUCTURE AND FUNCTION
6.2.1 SINGLE-LEVEL FEED-THROUGH TERMINAL BLOCKS
6.2.2 DOUBLE-LEVEL TERMINAL BLOCKS
6.2.3 TRIPLE-LEVEL TERMINAL BLOCKS
6.2.4 GROUND CIRCUIT TERMINALS
6.2.5 DISCONNECT/KNIFE-DISCONNECT/SWITCH TERMINAL BLOCKS
6.2.6 FUSE TERMINAL BLOCKS
6.2.7 THERMOCOUPLE BLOCKS
6.2.8 I/O BLOCKS
6.2.9 SENSOR-SPECIFIC TERMINAL BLOCKS
6.3 TERMINAL BLOCKS BASED ON CONNECTION TECHNOLOGIES
6.3.1 SPRING-TYPE (CAGE CLAMP) TERMINAL BLOCKS
6.3.2 SCREW-TYPE TERMINAL BLOCKS
6.3.3 INSULATION-DISPLACEMENT CONNECTION-TYPE TERMINAL BLOCKS
6.3.4 PUSH-IN TERMINAL BLOCKS
6.3.5 SPECIAL CONNECTION (SLIP-ON PLUG-IN CONNECTION, TERMI-POINT CONNECTION) TERMINAL BLOCKS
7 MOUNTING TYPES OF TERMINAL BLOCKS
7.1 INTRODUCTION
FIGURE 31 MOUNTING TYPES OF TERMINAL BLOCKS
FIGURE 32 TERMINAL BLOCKS ARE MOUNTED ON DIN RAIL
7.2 DIN RAIL
7.2.1 DIN RAIL REQUIRES MECHANICAL SUPPORT TO MAKE RELIABLE CONNECTIONS
7.2.2 MINIATURE TOP-HAT RAILS
7.2.3 G32 RAILS
7.2.4 TOP-HAT RAILS
7.3 PCB MOUNT
7.3.1 PCB TERMINAL BLOCKS ALLOW SAFE AND EASY TRANSMISSION OF SIGNALS AND DATA
8 TERMINAL BLOCK MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 33 TERMINAL BLOCK MARKET, BY TYPE
FIGURE 34 PCB MOUNT TERMINAL BLOCKS TO EXHIBIT HIGHEST CAGR FROM 2022 TO 2027
TABLE 13 TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 14 TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
8.2 BARRIERS OR BARRIER STRIPS
8.2.1 BARRIERS PRIMARILY DEPLOYED IN POWER SUPPLIES AND HVAC SYSTEMS
TABLE 15 BARRIERS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 16 BARRIERS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 17 BARRIERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 18 BARRIERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 19 BARRIERS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 20 BARRIERS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.2.2 SINGLE-ROW BARRIERS
8.2.3 DOUBLE-ROW BARRIERS
8.3 SECTIONAL TERMINAL BLOCKS
8.3.1 SECTIONAL TERMINAL BLOCKS BUILT FOR ELECTRICAL TERMINATION OF WIRES
TABLE 21 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 22 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 23 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 24 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 25 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 26 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.3.2 OVERVIEW OF NEMA (AMERICAN STYLE) AND IEC (EUROPEAN STYLE) TERMINAL BLOCKS
8.3.3 NEMA SECTIONAL TERMINAL BLOCKS
8.3.4 IEC DIN RAIL SECTIONAL TERMINAL BLOCKS
8.4 PCB MOUNT TERMINAL BLOCKS
8.4.1 PCB MOUNT TERMINAL BLOCKS DESIGNED FOR HOME CHARGING STATIONS, FLOW METERS, LIGHTING CONTROLS, ETC.
TABLE 27 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 28 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 29 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 30 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 31 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 32 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.4.2 FIXED PCB TERMINAL BLOCKS
8.4.3 PLUGGABLE PCB TERMINAL BLOCKS
8.5 POWER TERMINAL BLOCKS
8.5.1 POWER TERMINAL BLOCKS SUITABLE FOR INDUSTRIAL CONTROL PANELS, DEAD-FRONT SWITCHBOARDS, BUSINESS EQUIPMENT, ETC.
TABLE 33 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 34 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 35 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 36 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.6 OTHERS
TABLE 37 OTHERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 38 OTHERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 39 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 40 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9 TERMINAL BLOCK MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 35 TERMINAL BLOCK MARKET, BY INDUSTRY
FIGURE 36 INDUSTRIAL CONTROLS SEGMENT HELD LARGEST SHARE OF TERMINAL BLOCK MARKET IN 2021
TABLE 41 TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 42 TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9.2 BUSINESS EQUIPMENT
9.2.1 INCREASING PREFERENCE FOR MODERN OFFICE EQUIPMENT TO CREATE EFFICIENT WORKING SPACE BOOSTS REQUIREMENT FOR TERMINAL BLOCKS
TABLE 43 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 44 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 45 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 46 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.3 HVAC (HEATING, VENTILATION, AND AIR CONDITIONING) SYSTEMS
9.3.1 INCREASING INSTALLATION OF HVAC SYSTEMS IN COMMERCIAL BUILDINGS TO ACCELERATE TERMINAL BLOCK MARKET GROWTH
TABLE 47 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 48 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 49 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 50 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.4 POWER SUPPLIES
9.4.1 SURGING ADOPTION OF TERMINAL BLOCKS TO CONNECT DIFFERENT CIRCUITRIES TO FUEL MARKET GROWTH
TABLE 51 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 52 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 53 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 54 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.5 INDUSTRIAL CONTROLS
9.5.1 RISING IMPLEMENTATION OF DIGITAL TECHNOLOGY AND AUTOMATED TOOLS BY MANUFACTURING FIRMS TO STIMULATE DEMAND FOR TERMINAL BLOCKS
TABLE 55 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 56 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 57 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 58 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.6 PROCESS CONTROL INSTRUMENTS
9.6.1 ELEVATING REQUIREMENT FOR SAFE PROCESS CONTROL SYSTEMS GENERATES NEED FOR RELIABLE TERMINAL BLOCKS
TABLE 59 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 60 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 61 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 62 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.7 TELECOM EQUIPMENT
9.7.1 SURGING USE OF HIGHLY ADVANCED TELECOM EQUIPMENT INCREASES DEMAND FOR TERMINAL BLOCKS
TABLE 63 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 64 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 65 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 66 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.8 TRANSPORTATION
9.8.1 RISING NEED TO BUILD EV CHARGING INFRASTRUCTURE TO CREATE OPPORTUNITIES FOR TERMINAL BLOCK PROVIDERS
TABLE 67 TRANSPORTATION: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 68 TRANSPORTATION: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 69 TRANSPORTATION: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 70 TRANSPORTATION: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.9 OTHERS
TABLE 71 OTHERS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 72 OTHERS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 73 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 74 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
10 TERMINAL BLOCK MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 37 TERMINAL BLOCK MARKET, BY GEOGRAPHY
FIGURE 38 GEOGRAPHIC SNAPSHOT FOR TERMINAL BLOCK MARKET, 2022–2027
TABLE 75 TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 39 NORTH AMERICA: TERMINAL BLOCK MARKET SNAPSHOT
FIGURE 40 US LIKELY TO DOMINATE NORTH AMERICAN TERMINAL BLOCK MARKET DURING FORECAST PERIOD
TABLE 77 NORTH AMERICA: TERMINAL BLOCK MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 78 NORTH AMERICA: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 79 NORTH AMERICA: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 80 NORTH AMERICA: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 81 NORTH AMERICA: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 82 NORTH AMERICA: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.2.1 US
10.2.1.1 High adoption of advanced connection technologies by automobile, energy, and telecom companies to propel market growth
10.2.2 CANADA
10.2.2.1 Increased use of terminal blocks in power supplies and automated equipment applications to create market opportunities
10.2.3 MEXICO
10.2.3.1 Huge investments in country to stimulate growth of market for terminal blocks
10.3 EUROPE
FIGURE 41 EUROPE: TERMINAL BLOCK MARKET SNAPSHOT
FIGURE 42 GERMANY TO DOMINATE EUROPEAN TERMINAL BLOCK MARKET THROUGHOUT FORECAST PERIOD
TABLE 83 EUROPE: TERMINAL BLOCK MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 84 EUROPE: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 85 EUROPE: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 86 EUROPE: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 87 EUROPE: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 88 EUROPE: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Germany to hold leading position in European terminal block market in coming years
10.3.2 UK
10.3.2.1 Presence of giant telecom companies and automobile brands creates growth opportunities for terminal block market
10.3.3 FRANCE
10.3.3.1 Telecom, automotive, and defense sectors stimulate demand for terminal blocks
10.3.4 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 43 ASIA PACIFIC: TERMINAL BLOCK MARKET SNAPSHOT
FIGURE 44 CHINA TO LEAD TERMINAL BLOCK MARKET IN ASIA PACIFIC FROM 2022 TO 2027
TABLE 89 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 90 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 91 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 92 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 93 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 94 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Rapid industrialization to lead to high adoption of terminal blocks
10.4.2 JAPAN
10.4.2.1 Popularity of nation for its consumer electronics and automotive industries creates growth opportunities for terminal block market
10.4.3 INDIA
10.4.3.1 Robust automotive sector promotes use of terminal blocks
10.4.4 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD (ROW)
FIGURE 45 MIDDLE EAST & AFRICA TO LEAD TERMINAL BLOCK MARKET IN ROW REGION BETWEEN 2022 AND 2027
TABLE 95 ROW: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 96 ROW: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 97 ROW: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 98 ROW: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 99 ROW: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 100 ROW: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Modernization of infrastructure and adoption of new technologies to support terminal block market growth
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Deployment of HVAC systems in new construction projects to create growth potential for terminal block market
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
TABLE 101 KEY DEVELOPMENTS IN TERMINAL BLOCK MARKET (2019–2022)
11.2 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 46 TERMINAL BLOCK MARKET: REVENUE ANALYSIS (2021)
11.3 MARKET SHARE ANALYSIS OF TOP PLAYERS, 2021
TABLE 102 TERMINAL BLOCK MARKET: DEGREE OF COMPETITION
11.4 COMPANY EVALUATION QUADRANT, 2021
11.4.1 STAR
11.4.2 EMERGING LEADER
11.4.3 PERVASIVE
11.4.4 PARTICIPANT
FIGURE 47 TERMINAL BLOCK MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021
11.5 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2021
11.5.1 PROGRESSIVE COMPANY
11.5.2 RESPONSIVE COMPANY
11.5.3 DYNAMIC COMPANY
11.5.4 STARTING BLOCK
FIGURE 48 TERMINAL BLOCK MARKET (GLOBAL): SME EVALUATION QUADRANT, 2021
11.6 TERMINAL BLOCK MARKET: COMPANY FOOTPRINT
TABLE 103 COMPANY TYPE FOOTPRINT
TABLE 104 COMPANY INDUSTRY FOOTPRINT
TABLE 105 COMPANY REGION FOOTPRINT
TABLE 106 COMPANY FOOTPRINT
11.7 COMPETITIVE BENCHMARKING
TABLE 107 TERMINAL BLOCK MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 108 TERMINAL BLOCK MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.8 COMPETITIVE SCENARIO AND TRENDS
11.8.1 PRODUCT LAUNCHES
TABLE 109 TERMINAL BLOCK MARKET: PRODUCT LAUNCHES, MARCH 2019–AUGUST 2021
11.8.2 DEALS
TABLE 110 TERMINAL BLOCK MARKET: DEALS, JANUARY 2020–FEBRUARY 2022
12 COMPANY PROFILES
12.1 KEY PLAYERS
(Business overview. Products offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
12.1.1 ADVANTECH
TABLE 111 ADVANTECH: BUSINESS OVERVIEW
FIGURE 49 ADVANTECH: COMPANY SNAPSHOT
TABLE 112 ADVANTECH: PRODUCT OFFERINGS
12.1.2 ANYTEK ELECTRONIC TECHNOLOGY (SZ) CO., LTD.
TABLE 113 ANYTEK ELECTRONIC TECHNOLOGY (SZ) CO., LTD.: BUSINESS OVERVIEW
TABLE 114 ANYTEK ELECTRONIC TECHNOLOGY (SZ) CO., LTD.: PRODUCT OFFERINGS
12.1.3 EATON CORPORATION PLC
TABLE 115 EATON CORPORATION PLC: BUSINESS OVERVIEW
FIGURE 50 EATON CORPORATION PLC: COMPANY SNAPSHOT
TABLE 116 EATON CORPORATION PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.4 IDEC CORPORATION
TABLE 117 IDEC CORPORATION: BUSINESS OVERVIEW
FIGURE 51 IDEC CORPORATION: COMPANY SNAPSHOT
TABLE 118 IDEC CORPORATION: PRODUCT OFFERINGS
12.1.5 MOLEX, LLC
TABLE 119 MOLEX, LLC: BUSINESS OVERVIEW
TABLE 120 MOLEX, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.6 NINGBO DEGSON ELECTRICAL CO., LTD.
TABLE 121 NINGBO DEGSON ELECTRICAL CO., LTD: BUSINESS OVERVIEW
TABLE 122 NINGBO DEGSON ELECTRICAL CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.7 OMRON CORPORATION
TABLE 123 OMRON CORPORATION: BUSINESS OVERVIEW
FIGURE 52 OMRON CORPORATION: COMPANY SNAPSHOT
TABLE 124 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.8 PHOENIX CONTACT
TABLE 125 PHOENIX CONTACT: BUSINESS OVERVIEW
TABLE 126 PHOENIX CONTACT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.9 ROCKWELL AUTOMATION, INC.
TABLE 127 ROCKWELL AUTOMATION, INC.: BUSINESS OVERVIEW
FIGURE 53 ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT
TABLE 128 ROCKWELL AUTOMATION, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.10 SIEMENS AG
TABLE 129 SIEMENS AG: BUSINESS OVERVIEW
FIGURE 54 SIEMENS AG: COMPANY SNAPSHOT
TABLE 130 SIEMENS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.11 TE CONNECTIVITY
TABLE 131 TE CONNECTIVITY: BUSINESS OVERVIEW
FIGURE 55 TE CONNECTIVITY: COMPANY SNAPSHOT
TABLE 132 TE CONNECTIVITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 133 TE CONNECTIVITY: PRODUCT LAUNCHES
12.1.12 WAGO KONTAKTTECHNIK GMBH & CO. KG
TABLE 134 WAGO KONTAKTTECHNIK GMBH & CO. KG: BUSINESS OVERVIEW
TABLE 135 WAGO KONTAKTTECHNIK GMBH & CO. KG.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 WAGO KONTAKTTECHNIK GMBH & CO. KG: PRODUCT LAUNCHES
12.1.13 WECO ELECTRICAL CONNECTORS INC.
TABLE 137 WECO ELECTRICAL CONNECTORS INC.: BUSINESS OVERVIEW
TABLE 138 WECO ELECTRICAL CONNECTORS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.14 WEIDM?LLER INTERFACE GMBH & CO. KG
TABLE 139 WEIDM?LLER INTERFACE GMBH & CO. KG: BUSINESS OVERVIEW
TABLE 140 WEIDM?LLER INTERFACE GMBH & CO. KG.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 141 WEIDM?LLER INTERFACE GMBH & CO. KG.: PRODUCT LAUNCHES
12.1.15 WIELAND ELECTRIC GMBH
TABLE 142 WIELAND ELECTRIC GMBH: BUSINESS OVERVIEW
TABLE 143 WIELAND ELECTRIC GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2 OTHER PLAYERS
12.2.1 AUTONICS CORPORATION
12.2.2 CABUR
12.2.3 CHENGDU RELIANCE ELECTRIC CO., LTD.
12.2.4 CHINT
12.2.5 CONNECTWELL INDUSTRIES PVT. LTD.
12.2.6 CONTA-CLIP VERBINDUNGSTECHNIK GMBH
12.2.7 CUI DEVICES
12.2.8 DINKLE INTERNATIONAL CO., LTD.
12.2.9 ELMEX CONTROLS PVT. LTD.
12.2.10 KLEMSAN
12.2.11 LEGRAND
12.2.12 LITTELFUSE, INC.
12.2.13 METZ CONNECT
12.2.14 NINGBO SUPU ELECTRONICS CO., LTD
12.2.15 PENN UNION
12.2.16 RENHOTEC GROUP LTD.
12.2.17 UPUN ELECTRIC
*Details on Business overview. Products offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 ADJACENT & RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 HVAC SYSTEM MARKET, BY APPLICATION
TABLE 144 INDUSTRY-STANDARD RATING PARAMETERS RELATED TO HVAC SYSTEMS
TABLE 145 HVAC SYSTEM MARKET, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 146 HVAC SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
13.4 COMMERCIAL
13.4.1 HIGH REQUIREMENT FOR ENERGY-EFFICIENT EQUIPMENT IN COMMERCIAL SPACES TO BOOST HVAC SYSTEM MARKET
TABLE 147 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION, 2017–2020 (USD BILLION)
TABLE 148 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION, 2021–2026 (USD BILLION)
TABLE 149 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 150 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 151 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 152 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 153 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 154 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2021–2026 (USD BILLION)
13.5 RESIDENTIAL
13.5.1 GOVERNMENT REGULATIONS AND TAX CREDIT PROGRAMS TO PROMOTE USE OF HVAC SYSTEMS IN RESIDENTIAL APPLICATIONS
TABLE 155 RESIDENTIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 156 RESIDENTIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 157 RESIDENTIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 158 RESIDENTIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 159 RESIDENTIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 160 RESIDENTIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2021–2026 (USD BILLION)
13.6 INDUSTRIAL
13.6.1 INCREASED DEPLOYMENT OF ENERGY-EFFICIENT HVAC SYSTEMS IN INDUSTRIAL SPACES TO REDUCE OPERATIONAL COST AND SAVE ENERGY TO ACCELERATE MARKET GROWTH
TABLE 161 INDUSTRIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 162 INDUSTRIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 163 INDUSTRIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 164 INDUSTRIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 165 INDUSTRIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 166 INDUSTRIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2021–2026 (USD BILLION)
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATION
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 TERMINAL BLOCK MARKET SEGMENTATION
FIGURE 2 GEOGRAPHIC SCOPE
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 TERMINAL BLOCK MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY-SIDE): REVENUE GENERATED THROUGH SALES OF PRODUCTS/SOLUTIONS/SERVICES PERTAINING TO TERMINAL BLOCKS
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis (demand side)
FIGURE 5 TERMINAL BLOCK MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis (supply side)
FIGURE 6 TERMINAL BLOCK MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 STUDY ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 RISKS AND ASSOCIATED RESULTS
3 EXECUTIVE SUMMARY
FIGURE 8 SECTIONAL TERMINAL BLOCKS TO DOMINATE MARKET IN 2022
FIGURE 9 INDUSTRIAL CONTROLS TO CAPTURE MAJORITY OF MARKET SHARE IN 2027
FIGURE 10 ASIA PACIFIC TO WITNESS HIGHEST CAGR IN TERMINAL BLOCK MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN TERMINAL BLOCK MARKET
FIGURE 11 RAPID INDUSTRIALIZATION IN ASIA PACIFIC COUNTRIES LIKELY TO DRIVE MARKET GROWTH
4.2 TERMINAL BLOCK MARKET, BY TYPE
FIGURE 12 SECTIONAL TERMINAL BLOCKS TO HOLD LARGEST MARKET SHARE IN 2027
4.3 TERMINAL BLOCK MARKET, BY INDUSTRY
FIGURE 13 PROCESS CONTROL INSTRUMENTS TO RECORD HIGHEST CAGR IN TERMINAL BLOCK MARKET DURING FORECAST PERIOD
4.4 TERMINAL BLOCK MARKET, BY REGION
FIGURE 14 ASIA PACIFIC EXPECTED TO COMMAND TERMINAL BLOCK MARKET THROUGHOUT FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 GLOBAL TERMINAL BLOCK MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Surging demand for PCB terminal blocks from various industries
5.2.1.2 Ongoing advancements in connection technologies
5.2.1.3 Growing implementation of advanced terminal blocks in telecom sector
5.2.1.4 Rising adoption of electric vehicles
FIGURE 16 IMPACT OF DRIVERS ON TERMINAL BLOCK MARKET
5.2.2 RESTRAINTS
5.2.2.1 Difficulty in selecting right terminal block according to applications
FIGURE 17 IMPACT OF RESTRAINTS ON TERMINAL BLOCK MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Rapid urbanization and industrialization in developing countries
5.2.3.2 Increased need for micro-miniature terminal blocks
FIGURE 18 IMPACT OF OPPORTUNITIES ON TERMINAL BLOCK MARKET
5.2.4 CHALLENGES
5.2.4.1 Design-related challenges while developing surface-mount technology-based terminal blocks
FIGURE 19 IMPACT OF CHALLENGES ON TERMINAL BLOCK MARKET
5.3 VALUE CHAIN ANALYSIS
FIGURE 20 TERMINAL BLOCK MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM
FIGURE 21 GLOBAL TERMINAL BLOCK MARKET: ECOSYSTEM
TABLE 2 COMPANIES AND THEIR ROLES IN TERMINAL BLOCK ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE OF TERMINAL BLOCKS OFFERED BY KEY PLAYERS, BY TYPE
FIGURE 22 AVERAGE SELLING PRICE OF TERMINAL BLOCKS PROVIDED BY KEY PLAYERS, BY TYPE
TABLE 3 AVERAGE SELLING PRICE OF TERMINAL BLOCKS PROVIDED BY KEY PLAYERS, BY TYPE (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
5.7 TECHNOLOGY ANALYSIS
5.7.1 PUSH-IN CONNECTION
5.7.2 PIERCE CONNECTION
5.7.3 CRIMP CONNECTION
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 TERMINAL BLOCK MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 BARGAINING POWER OF SUPPLIERS
5.8.2 BARGAINING POWER OF BUYERS
5.8.3 THREAT OF SUBSTITUTES
5.8.4 THREAT OF NEW ENTRANTS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 KEY STAKEHOLDERS & BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 24 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 INDUSTRIES
TABLE 5 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 INDUSTRIES (%)
5.9.2 BUYING CRITERIA
FIGURE 25 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
TABLE 6 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
5.10 CASE STUDY
5.10.1 PHOENIX CONTACT HELPS AEON TO CONTROL LIGHTING SYSTEM REMOTELY BY INTEGRATING I/O TERMINALS BLOCKS WITH HMI SOLUTION
5.10.2 SPRING PRESSURE CONNECTION TECHNOLOGY BY WAGO MAKES LIGHTING CONNECTION EASY FOR K-LITE
5.10.3 CONNECTWELL RESOLVES SIGNAL INTERRUPTION ISSUE FACED BY HARAMAIN RAILWAY WITH DEPLOYMENT OF SPRING CLAMP SERIES
5.10.4 CHETTINAD CEMENT’S WAGON TIPPLER UNLOADING SYSTEM USES SPACE-SAVING TERMINAL BLOCKS FROM CONNECTWELL
5.11 TRADE ANALYSIS
FIGURE 26 IMPORT DATA FOR HS CODE 8536, BY KEY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 27 EXPORT DATA FOR HS CODE 8536, BY KEY COUNTRY, 2017–2021 (USD MILLION)
5.12 PATENT ANALYSIS
FIGURE 28 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
FIGURE 29 ANALYSIS OF PATENTS RELATED TO TERMINAL BLOCKS, 2012–2021
TABLE 7 NUMBER OF PATENTS FILED BY TOP 20 MARKET PLAYERS
5.12.1 LIST OF MAJOR PATENTS
5.13 KEY CONFERENCES AND EVENTS IN 2022 AND 2023
TABLE 8 TERMINAL BLOCK MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.14 TARIFF AND REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 MARKET STANDARDS
5.14.2.1 UL 1059
5.14.2.2 CSA C22.2 no. 158
5.14.2.3 NEMA ICS 4
5.14.2.4 UL 486E
5.14.2.5 EN 60947-7-2
5.14.2.6 IEC 60947-7-1:2009
5.14.2.7 EN 60934
5.14.2.8 EN 50019
6 CLASSIFICATION OF TERMINAL BLOCKS ACCORDING TO STRUCTURE, FUNCTION, AND CONNECTION TYPE
6.1 INTRODUCTION
FIGURE 30 CLASSIFICATION OF TERMINAL BLOCKS BY STRUCTURE, FUNCTION, AND CONNECTION TYPE
6.2 TERMINAL BLOCKS BASED ON STRUCTURE AND FUNCTION
6.2.1 SINGLE-LEVEL FEED-THROUGH TERMINAL BLOCKS
6.2.2 DOUBLE-LEVEL TERMINAL BLOCKS
6.2.3 TRIPLE-LEVEL TERMINAL BLOCKS
6.2.4 GROUND CIRCUIT TERMINALS
6.2.5 DISCONNECT/KNIFE-DISCONNECT/SWITCH TERMINAL BLOCKS
6.2.6 FUSE TERMINAL BLOCKS
6.2.7 THERMOCOUPLE BLOCKS
6.2.8 I/O BLOCKS
6.2.9 SENSOR-SPECIFIC TERMINAL BLOCKS
6.3 TERMINAL BLOCKS BASED ON CONNECTION TECHNOLOGIES
6.3.1 SPRING-TYPE (CAGE CLAMP) TERMINAL BLOCKS
6.3.2 SCREW-TYPE TERMINAL BLOCKS
6.3.3 INSULATION-DISPLACEMENT CONNECTION-TYPE TERMINAL BLOCKS
6.3.4 PUSH-IN TERMINAL BLOCKS
6.3.5 SPECIAL CONNECTION (SLIP-ON PLUG-IN CONNECTION, TERMI-POINT CONNECTION) TERMINAL BLOCKS
7 MOUNTING TYPES OF TERMINAL BLOCKS
7.1 INTRODUCTION
FIGURE 31 MOUNTING TYPES OF TERMINAL BLOCKS
FIGURE 32 TERMINAL BLOCKS ARE MOUNTED ON DIN RAIL
7.2 DIN RAIL
7.2.1 DIN RAIL REQUIRES MECHANICAL SUPPORT TO MAKE RELIABLE CONNECTIONS
7.2.2 MINIATURE TOP-HAT RAILS
7.2.3 G32 RAILS
7.2.4 TOP-HAT RAILS
7.3 PCB MOUNT
7.3.1 PCB TERMINAL BLOCKS ALLOW SAFE AND EASY TRANSMISSION OF SIGNALS AND DATA
8 TERMINAL BLOCK MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 33 TERMINAL BLOCK MARKET, BY TYPE
FIGURE 34 PCB MOUNT TERMINAL BLOCKS TO EXHIBIT HIGHEST CAGR FROM 2022 TO 2027
TABLE 13 TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 14 TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
8.2 BARRIERS OR BARRIER STRIPS
8.2.1 BARRIERS PRIMARILY DEPLOYED IN POWER SUPPLIES AND HVAC SYSTEMS
TABLE 15 BARRIERS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 16 BARRIERS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 17 BARRIERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 18 BARRIERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 19 BARRIERS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 20 BARRIERS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.2.2 SINGLE-ROW BARRIERS
8.2.3 DOUBLE-ROW BARRIERS
8.3 SECTIONAL TERMINAL BLOCKS
8.3.1 SECTIONAL TERMINAL BLOCKS BUILT FOR ELECTRICAL TERMINATION OF WIRES
TABLE 21 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 22 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 23 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 24 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 25 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 26 SECTIONAL TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.3.2 OVERVIEW OF NEMA (AMERICAN STYLE) AND IEC (EUROPEAN STYLE) TERMINAL BLOCKS
8.3.3 NEMA SECTIONAL TERMINAL BLOCKS
8.3.4 IEC DIN RAIL SECTIONAL TERMINAL BLOCKS
8.4 PCB MOUNT TERMINAL BLOCKS
8.4.1 PCB MOUNT TERMINAL BLOCKS DESIGNED FOR HOME CHARGING STATIONS, FLOW METERS, LIGHTING CONTROLS, ETC.
TABLE 27 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 28 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 29 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 30 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 31 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 32 PCB MOUNT TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.4.2 FIXED PCB TERMINAL BLOCKS
8.4.3 PLUGGABLE PCB TERMINAL BLOCKS
8.5 POWER TERMINAL BLOCKS
8.5.1 POWER TERMINAL BLOCKS SUITABLE FOR INDUSTRIAL CONTROL PANELS, DEAD-FRONT SWITCHBOARDS, BUSINESS EQUIPMENT, ETC.
TABLE 33 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 34 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 35 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 36 POWER TERMINAL BLOCKS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
8.6 OTHERS
TABLE 37 OTHERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 38 OTHERS: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 39 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 40 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9 TERMINAL BLOCK MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 35 TERMINAL BLOCK MARKET, BY INDUSTRY
FIGURE 36 INDUSTRIAL CONTROLS SEGMENT HELD LARGEST SHARE OF TERMINAL BLOCK MARKET IN 2021
TABLE 41 TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 42 TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9.2 BUSINESS EQUIPMENT
9.2.1 INCREASING PREFERENCE FOR MODERN OFFICE EQUIPMENT TO CREATE EFFICIENT WORKING SPACE BOOSTS REQUIREMENT FOR TERMINAL BLOCKS
TABLE 43 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 44 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 45 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 46 BUSINESS EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.3 HVAC (HEATING, VENTILATION, AND AIR CONDITIONING) SYSTEMS
9.3.1 INCREASING INSTALLATION OF HVAC SYSTEMS IN COMMERCIAL BUILDINGS TO ACCELERATE TERMINAL BLOCK MARKET GROWTH
TABLE 47 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 48 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 49 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 50 HVAC SYSTEMS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.4 POWER SUPPLIES
9.4.1 SURGING ADOPTION OF TERMINAL BLOCKS TO CONNECT DIFFERENT CIRCUITRIES TO FUEL MARKET GROWTH
TABLE 51 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 52 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 53 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 54 POWER SUPPLIES: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.5 INDUSTRIAL CONTROLS
9.5.1 RISING IMPLEMENTATION OF DIGITAL TECHNOLOGY AND AUTOMATED TOOLS BY MANUFACTURING FIRMS TO STIMULATE DEMAND FOR TERMINAL BLOCKS
TABLE 55 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 56 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 57 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 58 INDUSTRIAL CONTROLS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.6 PROCESS CONTROL INSTRUMENTS
9.6.1 ELEVATING REQUIREMENT FOR SAFE PROCESS CONTROL SYSTEMS GENERATES NEED FOR RELIABLE TERMINAL BLOCKS
TABLE 59 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 60 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 61 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 62 PROCESS CONTROL INSTRUMENTS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.7 TELECOM EQUIPMENT
9.7.1 SURGING USE OF HIGHLY ADVANCED TELECOM EQUIPMENT INCREASES DEMAND FOR TERMINAL BLOCKS
TABLE 63 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 64 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 65 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 66 TELECOM EQUIPMENT: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.8 TRANSPORTATION
9.8.1 RISING NEED TO BUILD EV CHARGING INFRASTRUCTURE TO CREATE OPPORTUNITIES FOR TERMINAL BLOCK PROVIDERS
TABLE 67 TRANSPORTATION: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 68 TRANSPORTATION: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 69 TRANSPORTATION: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 70 TRANSPORTATION: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
9.9 OTHERS
TABLE 71 OTHERS: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 72 OTHERS: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 73 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 74 OTHERS: TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
10 TERMINAL BLOCK MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 37 TERMINAL BLOCK MARKET, BY GEOGRAPHY
FIGURE 38 GEOGRAPHIC SNAPSHOT FOR TERMINAL BLOCK MARKET, 2022–2027
TABLE 75 TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 TERMINAL BLOCK MARKET, BY REGION, 2022–2027 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 39 NORTH AMERICA: TERMINAL BLOCK MARKET SNAPSHOT
FIGURE 40 US LIKELY TO DOMINATE NORTH AMERICAN TERMINAL BLOCK MARKET DURING FORECAST PERIOD
TABLE 77 NORTH AMERICA: TERMINAL BLOCK MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 78 NORTH AMERICA: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 79 NORTH AMERICA: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 80 NORTH AMERICA: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 81 NORTH AMERICA: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 82 NORTH AMERICA: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.2.1 US
10.2.1.1 High adoption of advanced connection technologies by automobile, energy, and telecom companies to propel market growth
10.2.2 CANADA
10.2.2.1 Increased use of terminal blocks in power supplies and automated equipment applications to create market opportunities
10.2.3 MEXICO
10.2.3.1 Huge investments in country to stimulate growth of market for terminal blocks
10.3 EUROPE
FIGURE 41 EUROPE: TERMINAL BLOCK MARKET SNAPSHOT
FIGURE 42 GERMANY TO DOMINATE EUROPEAN TERMINAL BLOCK MARKET THROUGHOUT FORECAST PERIOD
TABLE 83 EUROPE: TERMINAL BLOCK MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 84 EUROPE: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 85 EUROPE: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 86 EUROPE: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 87 EUROPE: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 88 EUROPE: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Germany to hold leading position in European terminal block market in coming years
10.3.2 UK
10.3.2.1 Presence of giant telecom companies and automobile brands creates growth opportunities for terminal block market
10.3.3 FRANCE
10.3.3.1 Telecom, automotive, and defense sectors stimulate demand for terminal blocks
10.3.4 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 43 ASIA PACIFIC: TERMINAL BLOCK MARKET SNAPSHOT
FIGURE 44 CHINA TO LEAD TERMINAL BLOCK MARKET IN ASIA PACIFIC FROM 2022 TO 2027
TABLE 89 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 90 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 91 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 92 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 93 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 94 ASIA PACIFIC: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Rapid industrialization to lead to high adoption of terminal blocks
10.4.2 JAPAN
10.4.2.1 Popularity of nation for its consumer electronics and automotive industries creates growth opportunities for terminal block market
10.4.3 INDIA
10.4.3.1 Robust automotive sector promotes use of terminal blocks
10.4.4 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD (ROW)
FIGURE 45 MIDDLE EAST & AFRICA TO LEAD TERMINAL BLOCK MARKET IN ROW REGION BETWEEN 2022 AND 2027
TABLE 95 ROW: TERMINAL BLOCK MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 96 ROW: TERMINAL BLOCK MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 97 ROW: TERMINAL BLOCK MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 98 ROW: TERMINAL BLOCK MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 99 ROW: TERMINAL BLOCK MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 100 ROW: TERMINAL BLOCK MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Modernization of infrastructure and adoption of new technologies to support terminal block market growth
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Deployment of HVAC systems in new construction projects to create growth potential for terminal block market
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
TABLE 101 KEY DEVELOPMENTS IN TERMINAL BLOCK MARKET (2019–2022)
11.2 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 46 TERMINAL BLOCK MARKET: REVENUE ANALYSIS (2021)
11.3 MARKET SHARE ANALYSIS OF TOP PLAYERS, 2021
TABLE 102 TERMINAL BLOCK MARKET: DEGREE OF COMPETITION
11.4 COMPANY EVALUATION QUADRANT, 2021
11.4.1 STAR
11.4.2 EMERGING LEADER
11.4.3 PERVASIVE
11.4.4 PARTICIPANT
FIGURE 47 TERMINAL BLOCK MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021
11.5 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2021
11.5.1 PROGRESSIVE COMPANY
11.5.2 RESPONSIVE COMPANY
11.5.3 DYNAMIC COMPANY
11.5.4 STARTING BLOCK
FIGURE 48 TERMINAL BLOCK MARKET (GLOBAL): SME EVALUATION QUADRANT, 2021
11.6 TERMINAL BLOCK MARKET: COMPANY FOOTPRINT
TABLE 103 COMPANY TYPE FOOTPRINT
TABLE 104 COMPANY INDUSTRY FOOTPRINT
TABLE 105 COMPANY REGION FOOTPRINT
TABLE 106 COMPANY FOOTPRINT
11.7 COMPETITIVE BENCHMARKING
TABLE 107 TERMINAL BLOCK MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 108 TERMINAL BLOCK MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.8 COMPETITIVE SCENARIO AND TRENDS
11.8.1 PRODUCT LAUNCHES
TABLE 109 TERMINAL BLOCK MARKET: PRODUCT LAUNCHES, MARCH 2019–AUGUST 2021
11.8.2 DEALS
TABLE 110 TERMINAL BLOCK MARKET: DEALS, JANUARY 2020–FEBRUARY 2022
12 COMPANY PROFILES
12.1 KEY PLAYERS
(Business overview. Products offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
12.1.1 ADVANTECH
TABLE 111 ADVANTECH: BUSINESS OVERVIEW
FIGURE 49 ADVANTECH: COMPANY SNAPSHOT
TABLE 112 ADVANTECH: PRODUCT OFFERINGS
12.1.2 ANYTEK ELECTRONIC TECHNOLOGY (SZ) CO., LTD.
TABLE 113 ANYTEK ELECTRONIC TECHNOLOGY (SZ) CO., LTD.: BUSINESS OVERVIEW
TABLE 114 ANYTEK ELECTRONIC TECHNOLOGY (SZ) CO., LTD.: PRODUCT OFFERINGS
12.1.3 EATON CORPORATION PLC
TABLE 115 EATON CORPORATION PLC: BUSINESS OVERVIEW
FIGURE 50 EATON CORPORATION PLC: COMPANY SNAPSHOT
TABLE 116 EATON CORPORATION PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.4 IDEC CORPORATION
TABLE 117 IDEC CORPORATION: BUSINESS OVERVIEW
FIGURE 51 IDEC CORPORATION: COMPANY SNAPSHOT
TABLE 118 IDEC CORPORATION: PRODUCT OFFERINGS
12.1.5 MOLEX, LLC
TABLE 119 MOLEX, LLC: BUSINESS OVERVIEW
TABLE 120 MOLEX, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.6 NINGBO DEGSON ELECTRICAL CO., LTD.
TABLE 121 NINGBO DEGSON ELECTRICAL CO., LTD: BUSINESS OVERVIEW
TABLE 122 NINGBO DEGSON ELECTRICAL CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.7 OMRON CORPORATION
TABLE 123 OMRON CORPORATION: BUSINESS OVERVIEW
FIGURE 52 OMRON CORPORATION: COMPANY SNAPSHOT
TABLE 124 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.8 PHOENIX CONTACT
TABLE 125 PHOENIX CONTACT: BUSINESS OVERVIEW
TABLE 126 PHOENIX CONTACT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.9 ROCKWELL AUTOMATION, INC.
TABLE 127 ROCKWELL AUTOMATION, INC.: BUSINESS OVERVIEW
FIGURE 53 ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT
TABLE 128 ROCKWELL AUTOMATION, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.10 SIEMENS AG
TABLE 129 SIEMENS AG: BUSINESS OVERVIEW
FIGURE 54 SIEMENS AG: COMPANY SNAPSHOT
TABLE 130 SIEMENS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.11 TE CONNECTIVITY
TABLE 131 TE CONNECTIVITY: BUSINESS OVERVIEW
FIGURE 55 TE CONNECTIVITY: COMPANY SNAPSHOT
TABLE 132 TE CONNECTIVITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 133 TE CONNECTIVITY: PRODUCT LAUNCHES
12.1.12 WAGO KONTAKTTECHNIK GMBH & CO. KG
TABLE 134 WAGO KONTAKTTECHNIK GMBH & CO. KG: BUSINESS OVERVIEW
TABLE 135 WAGO KONTAKTTECHNIK GMBH & CO. KG.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 WAGO KONTAKTTECHNIK GMBH & CO. KG: PRODUCT LAUNCHES
12.1.13 WECO ELECTRICAL CONNECTORS INC.
TABLE 137 WECO ELECTRICAL CONNECTORS INC.: BUSINESS OVERVIEW
TABLE 138 WECO ELECTRICAL CONNECTORS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.14 WEIDM?LLER INTERFACE GMBH & CO. KG
TABLE 139 WEIDM?LLER INTERFACE GMBH & CO. KG: BUSINESS OVERVIEW
TABLE 140 WEIDM?LLER INTERFACE GMBH & CO. KG.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 141 WEIDM?LLER INTERFACE GMBH & CO. KG.: PRODUCT LAUNCHES
12.1.15 WIELAND ELECTRIC GMBH
TABLE 142 WIELAND ELECTRIC GMBH: BUSINESS OVERVIEW
TABLE 143 WIELAND ELECTRIC GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2 OTHER PLAYERS
12.2.1 AUTONICS CORPORATION
12.2.2 CABUR
12.2.3 CHENGDU RELIANCE ELECTRIC CO., LTD.
12.2.4 CHINT
12.2.5 CONNECTWELL INDUSTRIES PVT. LTD.
12.2.6 CONTA-CLIP VERBINDUNGSTECHNIK GMBH
12.2.7 CUI DEVICES
12.2.8 DINKLE INTERNATIONAL CO., LTD.
12.2.9 ELMEX CONTROLS PVT. LTD.
12.2.10 KLEMSAN
12.2.11 LEGRAND
12.2.12 LITTELFUSE, INC.
12.2.13 METZ CONNECT
12.2.14 NINGBO SUPU ELECTRONICS CO., LTD
12.2.15 PENN UNION
12.2.16 RENHOTEC GROUP LTD.
12.2.17 UPUN ELECTRIC
*Details on Business overview. Products offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 ADJACENT & RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 HVAC SYSTEM MARKET, BY APPLICATION
TABLE 144 INDUSTRY-STANDARD RATING PARAMETERS RELATED TO HVAC SYSTEMS
TABLE 145 HVAC SYSTEM MARKET, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 146 HVAC SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD BILLION)
13.4 COMMERCIAL
13.4.1 HIGH REQUIREMENT FOR ENERGY-EFFICIENT EQUIPMENT IN COMMERCIAL SPACES TO BOOST HVAC SYSTEM MARKET
TABLE 147 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION, 2017–2020 (USD BILLION)
TABLE 148 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION, 2021–2026 (USD BILLION)
TABLE 149 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 150 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 151 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 152 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 153 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 154 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2021–2026 (USD BILLION)
13.5 RESIDENTIAL
13.5.1 GOVERNMENT REGULATIONS AND TAX CREDIT PROGRAMS TO PROMOTE USE OF HVAC SYSTEMS IN RESIDENTIAL APPLICATIONS
TABLE 155 RESIDENTIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 156 RESIDENTIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 157 RESIDENTIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 158 RESIDENTIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 159 RESIDENTIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 160 RESIDENTIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2021–2026 (USD BILLION)
13.6 INDUSTRIAL
13.6.1 INCREASED DEPLOYMENT OF ENERGY-EFFICIENT HVAC SYSTEMS IN INDUSTRIAL SPACES TO REDUCE OPERATIONAL COST AND SAVE ENERGY TO ACCELERATE MARKET GROWTH
TABLE 161 INDUSTRIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 162 INDUSTRIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 163 INDUSTRIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 164 INDUSTRIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2021–2026 (USD BILLION)
TABLE 165 INDUSTRIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2017–2020 (USD BILLION)
TABLE 166 INDUSTRIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2021–2026 (USD BILLION)
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATION
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
