Terminal Blocks: Global Strategic Business Report

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