Market Overview:
The global heat shrink spade terminals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for heat shrink spade terminals in various applications, such as power industry, oil & gas, mining & metal, chemical & pharmaceuticals and pulp & paper among others. Heat shrink spade terminals are used in these industries owing to their properties such as high current carrying capacity and resistance to corrosion. In addition, the growing demand for electronic devices and semiconductors is also expected to fuel the growth of the global heat shrink spade terminals market during the forecast period.
Product Definition:
Heat shrink spade terminals are used to connect wires to electrical components. The heat shrink tubing provides insulation and protection from the elements.
In-Situ Gas Analyzers:
In-situ gas analyzers are instruments used to measure in-situ gas concentration. They are also known as in situ measuring instrument or sometimes referred to as remote sensing sample probe. It is an analytical device that measures the composition of gases or vapors at a particular point in time and place.
Extractive Gas Analyzers:
Extractive gas analyzers are devices used to measure the volume or flow of gases present in a process or system. They are also known as counter-current detectors, extractive air cleaners, and exhaust gas analyzers. These systems have applications in various industries such as petrochemical, power generation, pharmaceuticals & chemical processing among others.
Application Insights:
The power industry segment dominated the global heat shrink spade terminals market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for electricity from countries such as India, China and Brazil. Furthermore, technological advancements and new product launches are further expected to drive the growth over the forecast period.
The oil & gas segment is anticipated to witness significant growth over the forecast period owing to rising production levels across key economies including Saudi Arabia, Russia and U.S., coupled with growing exploration activities globally. In addition, favorable government regulations regarding shale gas are expected to boost natural gas production which will subsequently fuel heat shrink spade terminal demand over next seven years or so in this sector globally.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of end-users and key manufacturers. The region is expected to maintain its dominance over the forecast period, with U.S. being at the forefront and other countries such as Canada, Mexico, and Colombia following close behind.
The Asia Pacific regional heat shrink spade terminals market is anticipated to grow at a lucrative rate over the forecast period owing to increasing demand from end-use industries for power generation, oil & gas exploration & production activities, chemical manufacturing etc., which are some of the major contributors towards economic growth in this region.
Growth Factors:
- Increasing demand for heat shrink spade terminals from the automotive industry on account of their high-quality performance and reliability.
- Growing popularity of heat shrink spade terminals in renewable energy applications on account of their insulation and environmental protection properties.
- Rising demand for heat shrink spade terminals in electrical and electronics applications due to the miniaturization trend in these industries.
- Increasing use of heat shrink spade terminals in wire harnessing applications due to their easy installation and superior insulation properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Shrink Spade Terminals Market Research Report
By Type
In-Situ Gas Analyzers, Extractive Gas Analyzers
By Application
Power Industry, Oil & Gas, Mining & Metal, Chemical & Pharmaceutical, Pulp & Paper, Electronic & Semiconductor, Others
By Companies
Mettler Toledo, ABB, Servomex, Yokogawa Electric, Focused Photonics Inc., Siemens, Endress+Hauser, AMETEK, NEO Monitors, SICK, Teledyne Analytical Instruments, Campbell Scientific, QuanSens
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Heat Shrink Spade Terminals Market Report Segments:
The global Heat Shrink Spade Terminals market is segmented on the basis of:
Types
In-Situ Gas Analyzers, Extractive Gas Analyzers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Industry, Oil & Gas, Mining & Metal, Chemical & Pharmaceutical, Pulp & Paper, Electronic & Semiconductor, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mettler Toledo
- ABB
- Servomex
- Yokogawa Electric
- Focused Photonics Inc.
- Siemens
- Endress+Hauser
- AMETEK
- NEO Monitors
- SICK
- Teledyne Analytical Instruments
- Campbell Scientific
- QuanSens
Highlights of The Heat Shrink Spade Terminals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- In-Situ Gas Analyzers
- Extractive Gas Analyzers
- By Application:
- Power Industry
- Oil & Gas
- Mining & Metal
- Chemical & Pharmaceutical
- Pulp & Paper
- Electronic & Semiconductor
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Shrink Spade Terminals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat Shrink Spade Terminals are a type of electrical connector that is used to connect two wires together. They are made out of a metal wire frame with a plastic cap on one end and a small, sharp point on the other. The point is inserted into the wireframe, and then heat is applied to the plastic cap, shrinking it so that it forms an electrical connection between the two wires.
Some of the major companies in the heat shrink spade terminals market are Mettler Toledo, ABB, Servomex, Yokogawa Electric, Focused Photonics Inc., Siemens, Endress+Hauser, AMETEK, NEO Monitors, SICK, Teledyne Analytical Instruments, Campbell Scientific, QuanSens.
The heat shrink spade terminals market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Shrink Spade Terminals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heat Shrink Spade Terminals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Shrink Spade Terminals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heat Shrink Spade Terminals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heat Shrink Spade Terminals Market Size & Forecast, 2020-2028
4.5.1 Heat Shrink Spade Terminals Market Size and Y-o-Y Growth
4.5.2 Heat Shrink Spade Terminals Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 In-Situ Gas Analyzers
5.2.2 Extractive Gas Analyzers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Power Industry
6.2.2 Oil & Gas
6.2.3 Mining & Metal
6.2.4 Chemical & Pharmaceutical
6.2.5 Pulp & Paper
6.2.6 Electronic & Semiconductor
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Shrink Spade Terminals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat Shrink Spade Terminals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 In-Situ Gas Analyzers
9.6.2 Extractive Gas Analyzers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Power Industry
9.10.2 Oil & Gas
9.10.3 Mining & Metal
9.10.4 Chemical & Pharmaceutical
9.10.5 Pulp & Paper
9.10.6 Electronic & Semiconductor
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 In-Situ Gas Analyzers
10.6.2 Extractive Gas Analyzers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Power Industry
10.10.2 Oil & Gas
10.10.3 Mining & Metal
10.10.4 Chemical & Pharmaceutical
10.10.5 Pulp & Paper
10.10.6 Electronic & Semiconductor
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 In-Situ Gas Analyzers
11.6.2 Extractive Gas Analyzers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Power Industry
11.10.2 Oil & Gas
11.10.3 Mining & Metal
11.10.4 Chemical & Pharmaceutical
11.10.5 Pulp & Paper
11.10.6 Electronic & Semiconductor
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 In-Situ Gas Analyzers
12.6.2 Extractive Gas Analyzers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Power Industry
12.10.2 Oil & Gas
12.10.3 Mining & Metal
12.10.4 Chemical & Pharmaceutical
12.10.5 Pulp & Paper
12.10.6 Electronic & Semiconductor
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 In-Situ Gas Analyzers
13.6.2 Extractive Gas Analyzers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Power Industry
13.10.2 Oil & Gas
13.10.3 Mining & Metal
13.10.4 Chemical & Pharmaceutical
13.10.5 Pulp & Paper
13.10.6 Electronic & Semiconductor
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat Shrink Spade Terminals Market: Competitive Dashboard
14.2 Global Heat Shrink Spade Terminals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mettler Toledo
14.3.2 ABB
14.3.3 Servomex
14.3.4 Yokogawa Electric
14.3.5 Focused Photonics Inc.
14.3.6 Siemens
14.3.7 Endress+Hauser
14.3.8 AMETEK
14.3.9 NEO Monitors
14.3.10 SICK
14.3.11 Teledyne Analytical Instruments
14.3.12 Campbell Scientific
14.3.13 QuanSens
