Global Terminal Blocks Market to Reach $8.1 Billion by 2030
The global market for Terminal Blocks estimated at US$4.3 Billion in the year 2022, is projected to reach a revised size of US$8.1 Billion by 2030, growing at a CAGR of 8.4% over the analysis period 2022-2030. Sectional, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Barriers segment is readjusted to a revised 7.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 13.1% CAGR
The Terminal Blocks market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 13.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.Select Competitors (Total 39 Featured) -
- ABB Ltd.
- Amphenol FCi
- Amphenol PCD
- Amtek Technology Co., Ltd.
- Automation Systems Interconnect, Inc.
- Curtis Industries
- Eaton Corp.
- Marathon Special Products
- METZ CONNECT GmbH
- Molex Inc.
- OMEGA Engineering, Inc.
- Phoenix Contact GmbH & Co. KG
- Phoenix Contact USA
- Rockwell Automation, Inc.
- Shenzhen OULU Electronic Co., Ltd.
- Switchlab, Inc.
- TE Connectivity Corp.
- WAGO Kontakttechnik GmbH & Co. KG
- WECO Electrical Connectors, Inc.
- Weidmüller Interface GmbH & Co. KG
- Wieland Electric, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Amphenol FCi
- Amphenol PCD
- Amtek Technology Co., Ltd.
- Automation Systems Interconnect, Inc.
- Curtis Industries
- Eaton Corp.
- Marathon Special Products
- METZ CONNECT GmbH
- Molex Inc.
- OMEGA Engineering, Inc.
- Phoenix Contact GmbH & Co. KG
- Phoenix Contact USA
- Rockwell Automation, Inc.
- Shenzhen OULU Electronic Co., Ltd.
- Switchlab, Inc.
- TE Connectivity Corp.
- WAGO Kontakttechnik GmbH & Co. KG
- WECO Electrical Connectors, Inc.
- Weidmüller Interface GmbH & Co. KG
- Wieland Electric, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 192 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 4 Billion |
Forecasted Market Value ( USD | $ 6.4 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |