Market Overview:
The global industrial terminal blocks 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 industrial terminal blocks in various applications, such as machine building industry, chemical/petrochemical industry, railway industry, energy industry and others. Additionally, the growing demand for fast and easy connection solutions is also propelling the growth of this market. Based on type, the global industrial terminal blocks market can be segmented into push-in connection, screw connection, spring-cage connection and fast connection. Screw connections are expected to hold a major share of this market during the forecast period owing to their high reliability and durability. Based on application, the global industrial terminal blocks market can be segmented into machine building industry, chemical/petrochemical industry railway industry energyindustryand others .
Product Definition:
An industrial terminal block is a type of connector that is used to join electrical wires together. It consists of a series of metal blocks that are mounted on a plastic or metal base. The blocks have two or more holes in them that allow the insertion of wires. The terminals are then clamped shut, securing the wire in place.
Push-in Connection:
The push-in connection is a method of making electrical connections to the terminals of an industrial terminal block. It provides mechanical strength and thermal stability to the assembly. The push-in connection is mainly used in insulated terminals that are installed in metal boxes or housings having external dimensions greater than 2 inches by 2 inches.
The terminal blocks are widely used for providing power, control,.
Screw Connection:
Screw connection is a method of joining two or more pieces of metal by means of screws. It is widely used in industrial terminal blocks market owing to its several advantages such as high mechanical strength, durability, and resistance to corrosion. Moreover, it can be easily attached and detached without any tools which makes it an ideal choice for applications where there are frequent changes in load requirements such as changing the direction of the wind or when heavy loads need to be moved around.
Application Insights:
The railway industry was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The railway industry has been witnessing a paradigm shift due to advancements in technology. Various countries have made huge investments for the development of railways infrastructure. For instance, China has invested around USD 142 billion on its rail network construction till 2018 end and aims for about USD 170 billion by 2020 end.
The chemical/petrochemical industry is also anticipated to witness considerable growth over the next eight years owing to increasing demand from emerging economies such as India, Brazil and South Africa coupled with stable supply from traditional markets like Germany and U.S., which are among leading manufacturers globally speaking terms of production volume wise globally speaking terms of production volume wise Germany leads followed by U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, availability of cheap labor, and easy access to energy resources. China is a major contributor towards regional growth owing to presence of numerous manufacturing facilities across various industries including automotive, electronics, textile & clothing among others.
The Asia Pacific has been witnessing robust economic growth with increasing foreign investments being deployed in various sectors such as oil & gas industry and infrastructure development for supporting industrial expansion along with it will have positive impact on overall GDPs in near future.
Growth Factors:
- Increasing demand for automation in industries is driving the growth of industrial terminal blocks market.
- Growing demand for miniaturization and higher density wiring is also propelling the growth of this market.
- Rising popularity of smart factories and Industry 4.0 is also fueling the growth of industrial terminal blocks market.
- Increasing investment in R&D by leading players to develop innovative products is another key factor driving the growth of this market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Terminal Blocks Market Research Report
By Type
Push-in Connection, Screw Connection, Spring-cage Connection, Fast Connection, Bolt Connection, Others
By Application
Machine Building Industry, Chemical/petrochemical Industry, Railway Industry, Energy industry, Others
By Companies
Rockwell Automation, TE Connectivity, Molex Incorporated, Amphenol, Eaton Corporation, Phoenix Contact, ABB, OMEGA Engineering, Honeywell, Schneider Electric, Curtis Industries, Marathon, FCI Electronics, Altech, Omron
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Terminal Blocks Market Report Segments:
The global Industrial Terminal Blocks market is segmented on the basis of:
Types
Push-in Connection, Screw Connection, Spring-cage Connection, Fast Connection, Bolt Connection, Others
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
Machine Building Industry, Chemical/petrochemical Industry, Railway Industry, Energy industry, 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:
- Rockwell Automation
- TE Connectivity
- Molex Incorporated
- Amphenol
- Eaton Corporation
- Phoenix Contact
- ABB
- OMEGA Engineering
- Honeywell
- Schneider Electric
- Curtis Industries
- Marathon
- FCI Electronics
- Altech
- Omron
Highlights of The Industrial Terminal Blocks 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:
- Push-in Connection
- Screw Connection
- Spring-cage Connection
- Fast Connection
- Bolt Connection
- Others
- By Application:
- Machine Building Industry
- Chemical/petrochemical Industry
- Railway Industry
- Energy industry
- 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 Industrial Terminal Blocks 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.
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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?
Industrial Terminal Blocks are a type of modular building system that is designed to make it easy for businesses to quickly and easily construct large, complex structures. These blocks are made out of a variety of materials, including steel, concrete, and plastic, and can be assembled in a variety of ways to create unique structures. They are often used by businesses in industries such as manufacturing or construction, and can be customized to meet specific needs.
Some of the major players in the industrial terminal blocks market are Rockwell Automation, TE Connectivity, Molex Incorporated, Amphenol, Eaton Corporation, Phoenix Contact, ABB, OMEGA Engineering, Honeywell, Schneider Electric, Curtis Industries, Marathon, FCI Electronics, Altech, Omron.
The industrial terminal blocks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Terminal Blocks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Terminal Blocks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Terminal Blocks Market - Supply Chain
4.5. Global Industrial Terminal Blocks Market Forecast
4.5.1. Industrial Terminal Blocks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Terminal Blocks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Terminal Blocks Market Absolute $ Opportunity
5. Global Industrial Terminal Blocks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Terminal Blocks Market Size and Volume Forecast by Type
5.3.1. Push-in Connection
5.3.2. Screw Connection
5.3.3. Spring-cage Connection
5.3.4. Fast Connection
5.3.5. Bolt Connection
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Terminal Blocks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Terminal Blocks Market Size and Volume Forecast by Application
6.3.1. Machine Building Industry
6.3.2. Chemical/petrochemical Industry
6.3.3. Railway Industry
6.3.4. Energy industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Terminal Blocks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Terminal Blocks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Terminal Blocks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Terminal Blocks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Terminal Blocks Demand Share Forecast, 2019-2026
9. North America Industrial Terminal Blocks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Terminal Blocks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Terminal Blocks Market Size and Volume Forecast by Application
9.4.1. Machine Building Industry
9.4.2. Chemical/petrochemical Industry
9.4.3. Railway Industry
9.4.4. Energy industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Terminal Blocks Market Size and Volume Forecast by Type
9.7.1. Push-in Connection
9.7.2. Screw Connection
9.7.3. Spring-cage Connection
9.7.4. Fast Connection
9.7.5. Bolt Connection
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Terminal Blocks Demand Share Forecast, 2019-2026
10. Latin America Industrial Terminal Blocks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Terminal Blocks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Terminal Blocks Market Size and Volume Forecast by Application
10.4.1. Machine Building Industry
10.4.2. Chemical/petrochemical Industry
10.4.3. Railway Industry
10.4.4. Energy industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Terminal Blocks Market Size and Volume Forecast by Type
10.7.1. Push-in Connection
10.7.2. Screw Connection
10.7.3. Spring-cage Connection
10.7.4. Fast Connection
10.7.5. Bolt Connection
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Terminal Blocks Demand Share Forecast, 2019-2026
11. Europe Industrial Terminal Blocks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Terminal Blocks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Terminal Blocks Market Size and Volume Forecast by Application
11.4.1. Machine Building Industry
11.4.2. Chemical/petrochemical Industry
11.4.3. Railway Industry
11.4.4. Energy industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Terminal Blocks Market Size and Volume Forecast by Type
11.7.1. Push-in Connection
11.7.2. Screw Connection
11.7.3. Spring-cage Connection
11.7.4. Fast Connection
11.7.5. Bolt Connection
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Terminal Blocks Demand Share, 2019-2026
12. Asia Pacific Industrial Terminal Blocks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Terminal Blocks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Terminal Blocks Market Size and Volume Forecast by Application
12.4.1. Machine Building Industry
12.4.2. Chemical/petrochemical Industry
12.4.3. Railway Industry
12.4.4. Energy industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Terminal Blocks Market Size and Volume Forecast by Type
12.7.1. Push-in Connection
12.7.2. Screw Connection
12.7.3. Spring-cage Connection
12.7.4. Fast Connection
12.7.5. Bolt Connection
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Terminal Blocks Demand Share, 2019-2026
13. Middle East & Africa Industrial Terminal Blocks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Terminal Blocks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Terminal Blocks Market Size and Volume Forecast by Application
13.4.1. Machine Building Industry
13.4.2. Chemical/petrochemical Industry
13.4.3. Railway Industry
13.4.4. Energy industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Terminal Blocks Market Size and Volume Forecast by Type
13.7.1. Push-in Connection
13.7.2. Screw Connection
13.7.3. Spring-cage Connection
13.7.4. Fast Connection
13.7.5. Bolt Connection
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Terminal Blocks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Terminal Blocks Market: Market Share Analysis
14.2. Industrial Terminal Blocks Distributors and Customers
14.3. Industrial Terminal Blocks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rockwell Automation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TE Connectivity
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Molex Incorporated
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amphenol
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Phoenix Contact
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ABB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. OMEGA Engineering
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Schneider Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Curtis Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Marathon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. FCI Electronics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Altech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Omron
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
