Terminal Block Market Drivers, Restraints and Opportunity 2028

Terminal Blocks Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Barriers, Sectional Terminal Blocks, PCB Mount Terminal Blocks, Power Blocks, and Others), Function Type (Single-feed Through, Dual-level Terminal Block, and Three-level Terminal Blocks), Connection Technologies (Spring Clamp Terminal Blocks, Screw-type Terminal Blocks, Insulation Displacement Connection, Push-in Type Terminal Blocks, and Barriers), Industry (Business Equipment, HVAC, Power Supplies, Industry Controls, Instruments, Telecom Equipment, Transportation, and Others), and Device Type (Ground Circuit Terminal, Fuse Terminal Blocks, and Others)

  • Report Code : TIPRE00012057
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 235
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The terminal blocks market is projected to reach US$ 6,138.30 million by 2028 from US$ 4,559.97 million in 2022; it is expected to grow at a CAGR of 5.1% from 2022 to 2028.

A terminal block, consisting of an insulating frame and a clamping system, is an insulated connection that fastens two or more wires together. In a screw category terminal block, wires are clamped down to a metal part (mostly metal) by the screw. This gives the benefit of connecting more than one circuit to other circuits. There are various terminal blocks, including barrier strips, modular terminal blocks, PCB terminal blocks, and power distribution blocks.

The need for energy-efficient electronics, implementation of advanced manufacturing strategies, rising demand for smart devices, and growing adoption of modern and enhanced technologies in consumer electronics are the prominent factors driving the demand for PCBs, eventually propelling the requirement for terminals blocks. However, stringent regulatory standards such as Underwriters Laboratories (UL), Canadian Standards Association (CSA), and European Union’s (EU) CE restrict the growth of the terminal blocks market size.

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Terminal Blocks Market: Strategic Insights

terminal-block-market
Market Size Value inUS$ 4,559.97 Million in 2022
Market Size Value byUS$ 6,138.30 Million by 2028
Growth rateCAGR of 5.1% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
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- Terminal Blocks Market

Impact of COVID-19 Pandemic on North America Terminal Blocks Market Growth

 

North America has the highest acceptance and development rate of emerging technologies worldwide due to favorable government policies to boost innovation and reinforce infrastructure capabilities. Therefore, any negative impact on industries hinders the region's economic development. Notably, the US is one of the world's worst-affected countries due to the COVID-19 pandemic. The crisis led to a cascading impact on multiple industries, including IT, automotive, and telecommunication. The operations in these industries were put on hold, which hampered the business dynamics in the first half of 2020.

The COVID-19 pandemic hastened the shift to a work-from-home model, which increased the demand for consumer electronics products and electronic gadgets wherein PCBs are used. In the post-pandemic scenario, the IoT adoption for sustainability, shift to cloud platforms, growing industrial automation adoption, and secured remote access are key factors propelling the demand for PCBs, strengthening the market expansion.

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Market Insights - Terminal Blocks Market

The global terminal blocks market analysis based on geography is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).

In terms of terminal blocks market share, the market held the largest share in 2020 and is also expected to dominate the market during the forecast period. The adoption of 5G and companies' investments in 5G infrastructure contribute to the region's terminal blocks market growth. Ericsson invested more than US$ 100 million in their 5G smart factory in Texas and shipped the first 5G radios built there in May 2020. In April 2021, SaskTel announced a US$ 55 million investment in Saskatchewan, Canada, to launch 5G in 2021 and 2022. They started deploying their network in December 2021, laying the groundwork for the province's future connectivity. These investments by the telecom companies are further accelerating the North America terminal blocks market growth. Further, the food & beverages industry across the region has been flourishing over the last decade with the rapid rise in the adoption of robotics. For instance, Utz Brands Inc. announced its production plant automation plans to reduce overall operational costs in 2021. Various other brands, including Hormel Foods, Tyson Foods, and ITC, are also raising their investments in adopting robotics across their production plants, especially for redundant operations such as packaging and assembling. Thus, a rise in the adoption of robotics in the flourishing industrial sector is contributing to the growth of the terminal blocks market in North America.

These factors are further boosting the growth of the terminal blocks market size across North America.

In terms of terminal blocks market share, the European market held the second-largest share in 2020. The European Commission raised the European renewables target for 2030 from 40% to 45%. The REPowerEU Plan would help achieve this target. By 2030, the REPowerEU Plan would increase total renewable energy generation capacity to 1,236 Giga Watt (GW), from the previous target of 1,067 GW. The EU Solar Energy Strategy, a part of the REPowerEU plan, aims to establish over 320 GW of newly installed solar photovoltaics by 2025 and 600 GW by 2030. In addition, the European Commission raised the target of achieving renewable energy from 9% to 13% by 2030. Thus, to achieve the target, European Commission is investing in an innovation fund of US$ 3.22 billion. These green energy initiatives are further increasing the demand for terminal blocks across the region, thereby contributing to the growth of the regional terminal blocks market.

Connection-Based Insights

Based on connection, the terminal blocks market is segmented into spring clamp terminal blocks, screw-type terminal blocks, insulation displacement connection, push-in type terminal blocks, and others.  The screw-type terminal blocks segment accounted for the largest market share in 2021. The spring clamp terminal blocks offer screwless termination technology, which offers a fast and practical solution for secure and durable connections. The spring-clamp terminal blocks reduce wiring time, minimize troubleshooting, and perform in severe conditions. It secures contact under extreme conditions, such as vibration-type applications. The growth prospects in the electronics industry are driving the demand for electronics components which is further boosting the demand for spring clamp terminal blocks. Growing investment in the electronics industry is augmenting the demand for spring clamp terminal blocks segment, further fueling the market outlook. Based on type, the market is segmented into barriers, sectional terminal blocks, PCB mount terminal blocks, power blocks, and others. The terminal blocks market, by function type, is segmented into single-level feed-through terminal blocks, dual-level terminal blocks, three-level blocks, ground circuit terminals, fuse terminal blocks, and others. The terminal blocks market, by connection technology, is further segmented into spring clamp terminal blocks, screw-type terminal blocks, insulation displacement connections, push-in type terminal blocks, and special connections. The market, by industry, is segmented into business equipment, HVAC, power supplies, industry controls, instruments, telecom equipment, transportation, and others. By geography, the terminal blocks market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.

TE Connectivity, Phoenix Contact, Weidmuller, ABB Ltd, Wago, and Weco are among the prominent terminal blocks market players. The market is highly fragmented, with several players localized in a specific region to cater to domestic demand.

The terminal blocks market players operating are mainly focused on the development of advanced and efficient products.

  • In Oct-2021, Phoenix Contact expanded its offering with PCB terminal blocks for PROFINET-compliant data transfer.
  • In May-2018, Rockwell Automation announced a new range of terminal blocks designed to improve wiring efficiency and connection quality. The Allen-Bradley Bulletin 1492-P series push-in terminal blocks provide dependable connections, significant time savings, and reduced operator maintenance for a better wiring environment.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Function Type, Connection Technologies, Industry, and Device Type

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, UAE, UK, US

Frequently Asked Questions


What are the reasons behind terminal blocks market growth?

The global terminal blocks market is primarily driven by increasing demand for PCB terminal block. advancements in connection technologies for terminal blocks are the major factors supporting the growth of the terminal blocks market.

What are market opportunities for terminal blocks market?

Industrial automation is perceived to improve the productivity and quality of plants by mitigating errors and wastage, increasing safety, and adding flexibility to the manufacturing process. Thus, such growth prospects in the industrial sector are likely to accelerate the adoption of PCBs, eventually augmenting the demand for terminal blocks in the coming years.

Which device type segment dominated the market in terms of 2021 market share?

The ground circuit segment dominated the terminal blocks market with a market share of more than 45.0% in 2021.

Which region has dominated the terminal blocks market in terms of 2021 market share?

North America dominated the terminal blocks market in 2021 with a share of around 43%, and would continue to dominate the market during the forecast period. Europe is the second-largest contributor to the global terminal blocks market, followed by Asia Pacific.

Which are the major companies in the terminal blocks market?

TE Connectivity, Phoenix Contact, Weidmuller, ABB Ltd, Wago, and Weco are amongst the major players existing in the terminal block market.

Which type segment is expected to dominate the market in terms of 2021 market share?

The PCB mount terminal blocks segment led the terminal blocks market with a market share of approximately 32% in 2021 and will continue to dominate the market by accounting for nearby 35.0% of the total market in 2028.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Terminal Blocks Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Terminal Blocks Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing demand for PCB Terminal Blocks

5.1.2 Advancements in Connection Technologies for Terminal Blocks

5.2 Key Market Restraints

5.2.1 Stringent Regulatory Standards

5.3 Key Market Opportunities

5.3.1 Rapid Industrialization in Developing Countries

5.4 Future Trends

5.4.1 Rising Popularity of Micro-Miniaturized Terminal Blocks

5.5 Impact Analysis of Drivers and Restraints

6. Terminal Blocks Market – Global Market Analysis

6.1 Global Terminal Blocks Market Overview

6.2 Global Terminal Blocks Market Revenue Forecast and Analysis

6.3 Market Positioning – Six Key Players

7. Terminal Blocks Market Analysis – By Type

7.1 Overview

7.2 Terminal Blocks Market, by Type (2021 and 2028)

7.3 Barriers

7.3.1 Overview

7.3.2 Barriers: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Sectional Terminal Blocks

7.4.1 Overview

7.4.2 Sectional Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

7.5 PCB Mount Terminal Blocks

7.5.1 Overview

7.5.2 PCB Mount Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Power Blocks

7.6.1 Overview

7.6.2 Power Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

8. Terminal Blocks Market Analysis – By Device Type

8.1 Overview

8.2 Terminal Blocks Market, By Device Type (2021 And 2028)

8.3 Ground Circuit

8.3.1 Overview

8.3.2 Ground Circuit: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

8.4 Fuse Terminal Blocks

8.4.1 Overview

8.4.2 Fuse Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

9. Global Terminal Blocks Market Analysis – By Function Type

9.1 Overview

9.2 Terminal Blocks Market, By Function Type (2021 And 2028)

9.3 Single-Feed through Terminal Block

9.3.1 Overview

9.3.2 Single-Feed through Terminal Block: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

9.4 Dual-Level Terminal Blocks

9.4.1 Overview

9.4.2 Dual-Level Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

9.5 Three-Level Blocks (Multi-Level Terminal Blocks)

9.5.1 Overview

9.5.2 Three-Level Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

10. Global Terminal Blocks Market Analysis – By Connection Technologies

10.1 Overview

10.2 Terminal Blocks Market, By Connection Technologies (2021 and 2028)

10.3 Spring Clamp Terminal Blocks

10.3.1 Overview

10.3.2 Spring Clamp Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

10.4 Screw Type Terminal Blocks

10.4.1 Overview

10.4.2 Screw Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

10.5 Insulation Displacement Connection

10.5.1 Overview

10.5.2 Insulation Displacement Connection: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

10.6 Push-in Type Terminal Blocks

10.6.1 Overview

10.6.2 Push-in Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

10.7 Barrier

10.7.1 Overview

10.7.2 Barrier: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

11. Terminal Blocks Market – By Industry

11.1 Overview

11.2 Terminal Blocks Market, by Industry (2021 and 2028)

11.3 Business Equipment

11.3.1 Overview

11.3.2 Business Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

11.4 HVAC

11.4.1 Overview

11.4.2 HVAC: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

11.5 Power Supplies

11.5.1 Overview

11.5.2 Power Supplies: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

11.6 Industry Controls

11.6.1 Overview

11.6.2 Industry Controls: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

11.7 Instruments

11.7.1 Overview

11.7.2 Instruments: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

11.8 Telecom Equipment

11.8.1 Overview

11.8.2 Telecom Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

11.9 Transportation

11.9.1 Overview

11.9.2 Transportation: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

11.10 Others

11.10.1 Overview

11.10.2 Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

12. Terminal Blocks Market – Geographic Analysis

12.1 Overview

12.2 North America: Terminal Blocks Market

12.2.1 Overview

12.2.2 North America Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.2.3 North America Terminal Blocks Market Breakdown, by Type

12.2.4 North America Terminal Blocks Market Breakdown, by Function Types

12.2.5 North America Terminal Blocks Market Breakdown, by Connection Technologies

12.2.6 North America Terminal Blocks Market Breakdown, by Industry

12.2.7 North America Terminal Blocks Market Breakdown, by Device Type

12.2.8 North America Terminal Blocks Market Breakdown, by Country

12.2.8.1 US Terminal Blocks Market, Revenue and Forecast to 2028

12.2.8.1.1 US Terminal Blocks Market Breakdown, by Type

12.2.8.1.2 US Terminal Blocks Market Breakdown, by Function Types

12.2.8.1.3 US Terminal Blocks Market Breakdown, by Connection Technologies

12.2.8.1.4 US Terminal Blocks Market Breakdown, by Industry

12.2.8.1.5 US Terminal Blocks Market Breakdown, by Device Type

12.2.8.2 Canada Terminal Blocks Market, Revenue and Forecast to 2028

12.2.8.2.1 Canada Terminal Blocks Market Breakdown, by Type

12.2.8.2.2 Canada Terminal Blocks Market Breakdown, by Function Types

12.2.8.2.3 Canada Terminal Blocks Market Breakdown, by Connection Technologies

12.2.8.2.4 Canada Terminal Blocks Market Breakdown, by Industry

12.2.8.2.5 Canada Terminal Blocks Market Breakdown, by Device Type

12.2.8.3 Mexico Terminal Blocks Market, Revenue and Forecast to 2028

12.2.8.3.1 Mexico Terminal Blocks Market Breakdown, by Type

12.2.8.3.2 Mexico Terminal Blocks Market Breakdown, by Function Types

12.2.8.3.3 Mexico Terminal Blocks Market Breakdown, by Connection Technologies

12.2.8.3.4 Mexico Terminal Blocks Market Breakdown, by Industry

12.2.8.3.5 Mexico Terminal Blocks Market Breakdown, by Device Type

12.3 Europe: Terminal Blocks Market

12.3.1 Overview

12.3.2 Europe Terminal Blocks Market Revenue and Forecast to 2028 (US$ million)

12.3.3 Europe Terminal Blocks Market Breakdown, by Type

12.3.4 Europe Terminal Blocks Market Breakdown, by Function Types

12.3.5 Europe Terminal Blocks Market Breakdown, by Connection Technologies

12.3.6 Europe Terminal Blocks Market Breakdown, by Industry

12.3.7 Europe Terminal Blocks Market Breakdown, by Device Type

12.3.8 Europe Terminal Blocks Market Breakdown, by Country

12.3.8.1 Germany Terminal Blocks Market, Revenue and Forecast to 2028

12.3.8.1.1 Germany Terminal Blocks Market Breakdown, by Type

12.3.8.1.2 Germany Terminal Blocks Market Breakdown, by Function Types

12.3.8.1.3 Germany Terminal Blocks Market Breakdown, by Connection Technologies

12.3.8.1.4 Germany Terminal Blocks Market Breakdown, by Industry

12.3.8.1.5 Germany Terminal Blocks Market Breakdown, by Device Type

12.3.8.2 France Terminal Blocks Market, Revenue and Forecast to 2028

12.3.8.2.1 France Terminal Blocks Market Breakdown, by Type

12.3.8.2.2 France Terminal Blocks Market Breakdown, by Function Types

12.3.8.2.3 France Terminal Blocks Market Breakdown, by Connection Technologies

12.3.8.2.4 France Terminal Blocks Market Breakdown, by Industry

12.3.8.2.5 France Terminal Blocks Market Breakdown, by Device Type

12.3.8.3 Italy Terminal Blocks Market, Revenue and Forecast to 2028

12.3.8.3.1 Italy Terminal Blocks Market Breakdown, by Type

12.3.8.3.2 Italy Terminal Blocks Market Breakdown, by Function Types

12.3.8.3.3 Italy Terminal Blocks Market Breakdown, by Connection Technologies

12.3.8.3.4 Italy Terminal Blocks Market Breakdown, by Industry

12.3.8.3.5 Italy Terminal Blocks Market Breakdown, by Device Type

12.3.8.4 UK Terminal Blocks Market, Revenue and Forecast to 2028

12.3.8.4.1 UK Terminal Blocks Market Breakdown, by Type

12.3.8.4.2 UK Terminal Blocks Market Breakdown, by Function Types

12.3.8.4.3 UK Terminal Blocks Market Breakdown, by Connection Technologies

12.3.8.4.4 UK Terminal Blocks Market Breakdown, by Industry

12.3.8.4.5 UK Terminal Blocks Market Breakdown, by Device Type

12.3.8.5 Russia Terminal Blocks Market, Revenue and Forecast to 2028

12.3.8.5.1 Russia Terminal Blocks Market Breakdown, by Type

12.3.8.5.2 Russia Terminal Blocks Market Breakdown, by Function Types

12.3.8.5.3 Russia Terminal Blocks Market Breakdown, by Connection Technologies

12.3.8.5.4 Russia Terminal Blocks Market Breakdown, by Industry

12.3.8.5.5 Russia Terminal Blocks Market Breakdown, by Device Type

12.3.8.6 Rest of Europe Terminal Blocks Market, Revenue and Forecast to 2028

12.3.8.6.1 Rest of Europe Terminal Blocks Market Breakdown, by Type

12.3.8.6.2 Rest of Europe Terminal Blocks Market Breakdown, by Function Types

12.3.8.6.3 Rest of Europe Terminal Blocks Market Breakdown, by Connection Technologies

12.3.8.6.4 Rest of Europe Terminal Blocks Market Breakdown, by Industry

12.3.8.6.5 Rest of Europe Terminal Blocks Market Breakdown, by Device Type

12.4 APAC: Terminal Blocks Market

12.4.1 Overview

12.4.2 APAC Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.4.3 APAC Terminal Blocks Market Breakdown, by Type

12.4.4 APAC Terminal Blocks Market Breakdown, by Function Types

12.4.5 APAC Terminal Blocks Market Breakdown, by Connection Technologies

12.4.6 APAC Terminal Blocks Market Breakdown, by Industry

12.4.7 APAC Terminal Blocks Market Breakdown, by Device Type

12.4.8 APAC Terminal Blocks Market Breakdown, by Country

12.4.8.1 Australia Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.4.8.1.1 Australia Terminal Blocks Market Breakdown, by Type

12.4.8.1.2 Australia Terminal Blocks Market Breakdown, by Function Types

12.4.8.1.3 Australia Terminal Blocks Market Breakdown, by Connection Technologies

12.4.8.1.4 Australia Terminal Blocks Market Breakdown, by Industry

12.4.8.1.5 Australia Terminal Blocks Market Breakdown, by Device Type

12.4.8.2 China Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.4.8.2.1 China Terminal Blocks Market Breakdown, by Type

12.4.8.2.2 China Terminal Blocks Market Breakdown, by Function Types

12.4.8.2.3 China Terminal Blocks Market Breakdown, by Connection Technologies

12.4.8.2.4 China Terminal Blocks Market Breakdown, by Industry

12.4.8.2.5 China Terminal Blocks Market Breakdown, by Device Type

12.4.8.3 India Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.4.8.3.1 India Terminal Blocks Market Breakdown by Type

12.4.8.3.2 India Terminal Blocks Market Breakdown, by Function Types

12.4.8.3.3 India Terminal Blocks Market Breakdown, by Connection Technologies

12.4.8.3.4 India Terminal Blocks Market Breakdown, by Industry

12.4.8.3.5 India Terminal Blocks Market Breakdown, by Device Type

12.4.8.4 Japan Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.4.8.4.1 Japan Terminal Blocks Market Breakdown, by Type

12.4.8.4.2 Japan Terminal Blocks Market Breakdown, by Function Types

12.4.8.4.3 Japan Terminal Blocks Market Breakdown, by Connection Technologies

12.4.8.4.4 Japan Terminal Blocks Market Breakdown, by Industry

12.4.8.4.5 Japan Terminal Blocks Market Breakdown, by Device Type

12.4.8.5 South Korea Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.4.8.5.1 South Korea Terminal Blocks Market Breakdown, by Type

12.4.8.5.2 South Korea Terminal Blocks Market Breakdown, by Function Types

12.4.8.5.3 South Korea Terminal Blocks Market Breakdown, by Connection Technologies

12.4.8.5.4 South Korea Terminal Blocks Market Breakdown, by Industry

12.4.8.5.5 South Korea Terminal Blocks Market Breakdown, by Device Type

12.4.8.6 Rest of APAC Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.4.8.6.1 Rest of APAC Terminal Blocks Market Breakdown, by Type

12.4.8.6.2 Rest of APAC Terminal Blocks Market Breakdown, by Function Types

12.4.8.6.3 Rest of APAC Terminal Blocks Market Breakdown, by Connection Technologies

12.4.8.6.4 Rest of APAC Terminal Blocks Market Breakdown, by Industry

12.4.8.6.5 Rest of APAC Terminal Blocks Market Breakdown, by Device Type

12.5 MEA: Terminal Blocks Market

12.5.1 Overview

12.5.2 MEA Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.5.3 MEA Terminal Blocks Market Breakdown, by Type

12.5.4 MEA Terminal Blocks Market Breakdown, by Function Types

12.5.5 MEA Terminal Blocks Market Breakdown, by Connection Technologies

12.5.6 MEA Terminal Blocks Market Breakdown, by Industry

12.5.7 MEA Terminal Blocks Market Breakdown, by Device Type

12.5.8 MEA Terminal Blocks Market Breakdown, By Country

12.5.8.1 Saudi Arabia Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.5.8.1.1 Saudi Arabia Terminal Blocks Market Breakdown, by Type

12.5.8.1.2 Saudi Arabia Terminal Blocks Market Breakdown, by Function Types

12.5.8.1.3 Saudi Arabia Terminal Blocks Market Breakdown, by Connection Technologies

12.5.8.1.4 Saudi Arabia Terminal Blocks Market Breakdown, by Industry

12.5.8.1.5 Saudi Arabia Terminal Blocks Market Breakdown, by Device Type

12.5.8.2 UAE Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.5.8.2.1 UAE Terminal Blocks Market Breakdown, by Type

12.5.8.2.2 UAE Terminal Blocks Market Breakdown, by Function Types

12.5.8.2.3 UAE Terminal Blocks Market Breakdown, by Connection Technologies

12.5.8.2.4 UAE Terminal Blocks Market Breakdown, by Industry

12.5.8.2.5 UAE Terminal Blocks Market Breakdown, by Device Type

12.5.8.3 South Africa Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.5.8.3.1 South Africa Terminal Blocks Market Breakdown, by Type

12.5.8.3.2 South Africa Terminal Blocks Market Breakdown, by Function Types

12.5.8.3.3 South Africa Terminal Blocks Market Breakdown, by Connection Technologies

12.5.8.3.4 South Africa Terminal Blocks Market Breakdown, by Industry

12.5.8.3.5 South Africa Terminal Blocks Market Breakdown, by Device Type

12.5.8.4 Rest of MEA Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.5.8.4.1 Rest of MEA Terminal Blocks Market Breakdown, by Type

12.5.8.4.2 Rest of MEA Terminal Blocks Market Breakdown, by Function Types

12.5.8.4.3 Rest of MEA Terminal Blocks Market Breakdown, by Connection Technologies

12.5.8.4.4 Rest of MEA Terminal Blocks Market Breakdown, by Industry

12.5.8.4.5 Rest of MEA Terminal Blocks Market Breakdown, by Device Type

12.6 SAM: Terminal Blocks Market

12.6.1 Overview

12.6.2 SAM Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

12.6.3 SAM Terminal Blocks Market Breakdown, by Type

12.6.4 SAM Terminal Blocks Market Breakdown, by Function Types

12.6.5 SAM Terminal Blocks Market Breakdown, by Connection Technologies

12.6.6 SAM Terminal Blocks Market Breakdown, by Industry

12.6.7 SAM Terminal Blocks Market Breakdown, by Device Type

12.6.8 SAM Terminal Blocks Market Breakdown, by Country

12.6.8.1 Brazil Terminal Blocks Market, Revenue and Forecast to 2028

12.6.8.1.1 Brazil Terminal Blocks Market Breakdown, by Type

12.6.8.1.2 Brazil Terminal Blocks Market Breakdown, by Function Types

12.6.8.1.3 Brazil Terminal Blocks Market Breakdown, by Connection Technologies

12.6.8.1.4 Brazil Terminal Blocks Market Breakdown, by Industry

12.6.8.1.5 Brazil Terminal Blocks Market Breakdown, by Device Type

12.6.8.2 Argentina Terminal Blocks Market, Revenue and Forecast to 2028

12.6.8.2.1 Argentina Terminal Blocks Market Breakdown, by Type

12.6.8.2.2 Argentina Terminal Blocks Market Breakdown, by Function Types

12.6.8.2.3 Argentina Terminal Blocks Market Breakdown, by Connection Technologies

12.6.8.2.4 Argentina Terminal Blocks Market Breakdown, by Industry

12.6.8.2.5 Argentina Terminal Blocks Market Breakdown, by Device Type

12.6.8.3 Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028

12.6.8.3.1 Rest of SAM Terminal Blocks Market Breakdown, by Type

12.6.8.3.2 Rest of SAM Terminal Blocks Market Breakdown, by Function Types

12.6.8.3.3 Rest of SAM Terminal Blocks Market Breakdown, by Connection Technologies

12.6.8.3.4 Rest of SAM Terminal Blocks Market Breakdown, by Industry

12.6.8.3.5 Rest of SAM Terminal Blocks Market Breakdown, by Device Type

13. Terminal Blocks Market- COVID-19 Impact Analysis

13.1 Overview

13.2 North America: Impact Assessment of Covid-19 Pandemic

13.3 Europe: Impact Assessment of Covid-19 Pandemic

13.4 Asia Pacific: Impact Assessment of Covid-19 Pandemic

13.5 Middle East & Africa: Impact Assessment of Covid-19 Pandemic

13.6 South America: Impact Assessment of Covid-19 Pandemic

14. Industry Landscape

14.1 Overview

14.2 Market Initiative

14.3 New Product Development

14.4 Merger and Acquisition

15. Company Profiles

15.1 ABB Ltd

15.1.1 Key Facts

15.1.2 Business Description

15.1.3 Products and Services

15.1.4 Financial Overview

15.1.5 SWOT Analysis

15.1.6 Key Developments

15.2 Eaton

15.2.1 Key Facts

15.2.2 Business Description

15.2.3 Products and Services

15.2.4 Financial Overview

15.2.5 SWOT Analysis

15.2.6 Key Developments

15.3 WAGO

15.3.1 Key Facts

15.3.2 Business Description

15.3.3 Products and Services

15.3.4 Financial Overview

15.3.5 SWOT Analysis

15.3.6 Key Developments

15.4 METZ CONNECT GmbH

15.4.1 Key Facts

15.4.2 Business Description

15.4.3 Products and Services

15.4.4 Financial Overview

15.4.5 SWOT Analysis

15.4.6 Key Developments

15.5 Molex, LLC (Koch Industries, Inc.)

15.5.1 Key Facts

15.5.2 Business Description

15.5.3 Products and Services

15.5.4 Financial Overview

15.5.5 SWOT Analysis

15.5.6 Key Developments

15.6 Phoenix Contact

15.6.1 Key Facts

15.6.2 Business Description

15.6.3 Products and Services

15.6.4 Financial Overview

15.6.5 SWOT Analysis

15.6.6 Key Developments

15.7 Rockwell Automation, Inc.

15.7.1 Key Facts

15.7.2 Business Description

15.7.3 Products and Services

15.7.4 Financial Overview

15.7.5 SWOT Analysis

15.7.6 Key Developments

15.8 WECO Electrical Connectors

15.8.1 Key Facts

15.8.2 Business Description

15.8.3 Products and Services

15.8.4 Financial Overview

15.8.5 SWOT Analysis

15.8.6 Key Developments

15.9 Weidmüller Interface GmbH & Co. KG

15.9.1 Key Facts

15.9.2 Business Description

15.9.3 Products and Services

15.9.4 Financial Overview

15.9.5 SWOT Analysis

15.9.6 Key Developments

15.10 Wieland Electric GmbH

15.10.1 Key Facts

15.10.2 Business Description

15.10.3 Products and Services

15.10.4 Financial Overview

15.10.5 SWOT Analysis

15.10.6 Key Developments

16. Appendix

16.1 About The Insight Partners

16.2 Word Index

LIST OF TABLES

Table 1. Global Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Table 2. North America Terminal Blocks Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 3. North America Terminal Blocks Market, Revenue and Forecast To 2028 – by Function Types (US$ million)

Table 4. North America Terminal Blocks Market, Revenue and Forecast To 2028 – by Connection Technologies (US$ million)

Table 5. North America Terminal Blocks Market, Revenue and Forecast To 2028 – by Industry (US$ million)

Table 6. North America Terminal Blocks Market, Revenue and Forecast To 2028 – by Device Type (US$ million)

Table 7. North America Terminal Blocks Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 8. US Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 9. US Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 10. US Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 11. US Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 12. US Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 13. Canada Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 14. Canada Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 15. Canada Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 16. Canada Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 17. Canada Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 18. Mexico Terminal Blocks Market Breakdown, by Type

Table 19. Mexico Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 20. Mexico Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 21. Mexico Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 22. Mexico Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 23. Europe Terminal Blocks Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 24. Europe Terminal Blocks Market, Revenue and Forecast To 2028 – by Function Types (US$ million)

Table 25. Europe Terminal Blocks Market, Revenue and Forecast To 2028 – by Connection Technologies (US$ million)

Table 26. Europe Terminal Blocks Market, Revenue and Forecast To 2028 – by Industry (US$ million)

Table 27. Europe Terminal Blocks Market, Revenue and Forecast To 2028 – by Device Type (US$ million)

Table 28. Europe Terminal Blocks Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 29. Germany Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 30. Germany Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 31. Germany Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 32. Germany Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 33. Germany Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 34. France Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 35. France Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 36. France Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 37. France Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 38. France Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 39. Italy Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 40. Italy Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 41. Italy Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 42. Italy Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 43. Italy Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 44. UK Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 45. UK Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 46. UK Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 47. UK Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 48. UK Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 49. Russia Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 50. Russia Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 51. Russia Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 52. Russia Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 53. Russia Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 54. Rest of Europe Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 55. Rest of Europe Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 56. Rest of Europe Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 57. Rest of Europe Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 58. Rest of Europe Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 59. APAC Terminal Blocks Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 60. APAC Terminal Blocks Market, Revenue and Forecast To 2028 – by Function Types (US$ million)

Table 61. APAC Terminal Blocks Market, Revenue and Forecast To 2028 – by Connection Technologies (US$ million)

Table 62. APAC Terminal Blocks Market, Revenue and Forecast To 2028 – by Industry (US$ million)

Table 63. APAC Terminal Blocks Market, Revenue and Forecast To 2028 – by Device Type (US$ million)

Table 64. APAC Terminal Blocks Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 65. Australia Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 66. Australia Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 67. Australia Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 68. Australia Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 69. Australia Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 70. China Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 71. China Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 72. China Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 73. China Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 74. China Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 75. India Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 76. India Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 77. India Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 78. India Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 79. India Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 80. Japan Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 81. Japan Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 82. Japan Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 83. Japan Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 84. Japan Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 85. South Korea Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 86. South Korea Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 87. South Korea Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 88. South Korea Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 89. South Korea Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 90. Rest of APAC Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 91. Rest of APAC Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 92. Rest of APAC Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 93. Rest of APAC Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 94. Rest of APAC Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 95. MEA Terminal Blocks Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 96. MEA Terminal Blocks Market, Revenue and Forecast To 2028 – by Function Types (US$ million)

Table 97. MEA Terminal Blocks Market, Revenue and Forecast To 2028 – by Connection Technologies (US$ million)

Table 98. MEA Terminal Blocks Market, Revenue and Forecast To 2028 – by Industry (US$ million)

Table 99. MEA Terminal Blocks Market, Revenue and Forecast To 2028 – by Device Type (US$ million)

Table 100. MEA Terminal Blocks Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 101. Saudi Arabia Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 102. Saudi Arabia Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 103. Saudi Arabia Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 104. Saudi Arabia Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 105. Saudi Arabia Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 106. UAE Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 107. UAE Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 108. UAE Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 109. UAE Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 110. UAE Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 111. South Africa Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 112. South Africa Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 113. South Africa Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 114. South Africa Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 115. South Africa Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 116. Rest of MEA Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 117. Rest of MEA Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 118. Rest of MEA Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 119. Rest of MEA Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 120. Rest of MEA Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 121. SAM Terminal Blocks Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 122. SAM Terminal Blocks Market, Revenue and Forecast To 2028 – by Function Types (US$ million)

Table 123. SAM Terminal Blocks Market, Revenue and Forecast To 2028 – by Connection Technologies (US$ million)

Table 124. SAM Terminal Blocks Market, Revenue and Forecast To 2028 – by Industry (US$ million)

Table 125. SAM Terminal Blocks Market, Revenue and Forecast To 2028 – by Device Type (US$ million)

Table 126. SAM Terminal Blocks Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 127. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 128. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 129. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 130. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 131. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 132. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 133. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 134. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 135. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 136. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 137. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 138. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)

Table 139. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)

Table 140. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)

Table 141. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)

Table 142. List of Abbreviation

LIST OF FIGURES

Figure 1. Terminal Blocks Market Segmentation

Figure 2. Terminal Blocks Market Segmentation – By Geography

Figure 3. Global Terminal Blocks Market Overview

Figure 4. Terminal Blocks Market, by Type

Figure 5. Terminal Blocks Market, by Function Type

Figure 6. Terminal Blocks Market, by Geography

Figure 7. North America – PEST Analysis

Figure 8. Europe – PEST Analysis

Figure 9. APAC – PEST Analysis

Figure 10. MEA – PEST Analysis

Figure 11. SAM – PEST Analysis

Figure 12. Terminal Blocks Market- Ecosystem Analysis

Figure 13. Terminal Blocks Market: Impact Analysis of Drivers and Restraints

Figure 14. Geographic Overview of Terminal Blocks Market

Figure 15. Global Terminal Blocks Market Revenue Forecast and Analysis (US$ Million)

Figure 16. Terminal Blocks Market Revenue Share, by Type (2021 and 2028)

Figure 17. Barriers: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Sectional Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. PCB Mount Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Power Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Terminal Blocks Market, By Device Type (2021 and 2028)

Figure 23. Ground Circuit: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Fuse Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Others: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. Terminal Blocks Market, By Function Type (2021 and 2028)

Figure 27. Single-Feed through Terminal Block: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. Dual-Level Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 29. Three-Level Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 30. Terminal Blocks Market, By Connection Technologies (2021 and 2028)

Figure 31. Spring Clamp Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 32. Screw Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 33. Insulation Displacement Connection: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 34. Push-in Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 35. Barrier Terminal Block: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)

Figure 36. Terminal Blocks Market Revenue Share, by Industry (2021 and 2028)

Figure 37. Business Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. HVAC: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Power Supplies: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Industry Controls: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. Instruments: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. Telecom Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43. Transportation: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44. Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45. Global Terminal Blocks Market Breakdown, by Region, 2021 & 2028 (%)

Figure 46. North America Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 47. North America Terminal Blocks Market Breakdown, by Type, 2021 & 2028 (%)

Figure 48. North America Terminal Blocks Market Breakdown, by Function Types, 2021 & 2028 (%)

Figure 49. North America Terminal Blocks Market Breakdown, by Connection Technologies, 2021 & 2028 (%)

Figure 50. North America Terminal Blocks Market Breakdown, by Industry, 2021 & 2028 (%)

Figure 51. North America Terminal Blocks Market Breakdown, by Device Type, 2021 & 2028 (%)

Figure 52. North America Terminal Blocks Market Breakdown, by Country, 2021 & 2028 (%)

Figure 53. US Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 54. Canada Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 55. Mexico Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 56. Europe Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 57. Europe Terminal Blocks Market Breakdown, by Type, 2021 & 2028 (%)

Figure 58. Europe Terminal Blocks Market Breakdown, by Function Types, 2021 & 2028 (%)

Figure 59. Europe Terminal Blocks Market Breakdown, by Connection Technologies, 2021 & 2028 (%)

Figure 60. Europe Terminal Blocks Market Breakdown, by Industry, 2021 & 2028 (%)

Figure 61. Europe Terminal Blocks Market Breakdown, by Device Type, 2021 & 2028 (%)

Figure 62. Europe Terminal Blocks Market Breakdown, by Country, 2018 & 2027(%)

Figure 63. Germany Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 64. France Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 65. Italy Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 66. UK Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 67. Russia Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 68. Rest of Europe Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 69. APAC Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 70. APAC Terminal Blocks Market Breakdown, by Type, 2021 & 2028 (%)

Figure 71. APAC Terminal Blocks Market Breakdown, by Function Types, 2021 & 2028 (%)

Figure 72. APAC Terminal Blocks Market Breakdown, by Connection Technologies, 2021 & 2028 (%)

Figure 73. APAC Terminal Blocks Market Breakdown, by Industry, 2021 & 2028 (%)

Figure 74. APAC Terminal Blocks Market Breakdown, by Device Type, 2021 & 2028 (%)

Figure 75. APAC Terminal Blocks Market Breakdown, by Country, 2021 & 2028 (%)

Figure 76. Australia Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 77. China Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 78. India Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 79. Japan Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 80. South Korea Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 81. Rest of APAC Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 82. MEA Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 83. MEA Terminal Blocks Market Breakdown, by Type, 2021 & 2028 (%)

Figure 84. MEA Terminal Blocks Market Breakdown, by Function Types, 2021 & 2028 (%)

Figure 85. MEA Terminal Blocks Market Breakdown, by Connection Technologies, 2021 & 2028 (%)

Figure 86. MEA Terminal Blocks Market Breakdown, by Industry, 2021 & 2028 (%)

Figure 87. MEA Terminal Blocks Market Breakdown, by Device Type, 2021 & 2028 (%)

Figure 88. MEA Terminal Blocks Market Breakdown, By Country, 2021 & 2028 (%)

Figure 89. Saudi Arabia Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 90. UAE Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 91. South Africa Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 92. Rest of MEA Terminal Blocks Market, Revenue and Forecast To 2028 (US$ million)

Figure 93. SAM Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 94. SAM Terminal Blocks Market Breakdown, by Type, 2021 & 2028 (%)

Figure 95. SAM Terminal Blocks Market Breakdown, by Function Types, 2021 & 2028 (%)

Figure 96. SAM Terminal Blocks Market Breakdown, by Connection Technologies, 2021 & 2028 (%)

Figure 97. SAM Terminal Blocks Market Breakdown, by Industry, 2021 & 2028 (%)

Figure 98. SAM Terminal Blocks Market Breakdown, by Device Type, 2021 & 2028 (%)

Figure 99. SAM Terminal Blocks Market Breakdown, by Country, 2021 & 2028 (%)

Figure 100. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 101. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 102. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)

Figure 103. Impact of Covid-19 Pandemic in North American Country Markets

Figure 104. Impact of Covid-19 Pandemic in Europe Country Markets

Figure 105. Impact of Covid-19 Pandemic in Asia Pacific Country Markets

Figure 106. Impact of Covid-19 Pandemic in the Middle East & Africa Country Markets

Figure 107. Impact of Covid-19 Pandemic in South America Country Markets

The List of Companies - Terminal Blocks Market

  1. ABB Ltd.
  2. Eaton Corporation PLC
  3. Metz Connect USA Inc.
  4. Molex LLC
  5. Phoenix Contact
  6. Rockwell Automation, Inc.
  7. Wago Kontakttechnik GmbH & Co.KG
  8. Weco Electrical Connectors Inc.
  9. Weidmüller Interface GmbH & Co.KG
  10. Wieland Electric

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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