A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Terminal
Block Market.
The study, titled “Terminal
Block Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
A
terminal block is defined as an electric connector in which the wires
are clamped down to the metal part by a screw. It allows more than
one circuit to connect to another and often contains two long
aluminum or copper strips designed to link different components.
These strips create a bus bar for power distribution which is sent to
the connected components.
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Market Research Report @
Terminal
blocks are modular, insulated blocks which unite two or more wires
and are usually made of an insulating body and a clamping device to
complete the connection. They include a broad range of fixed-mount
and pluggable European cage clamps, U.S.-style screw clamps, spring
clamp-style wire-to-board and wire-to-wire blocks, and related
headers.
The
global terminal block market can be segmented on the basis of type,
application, and geography. In terms of type, the market is divided
into the following categories: barriers, sectional, printed circuit
board (PCB), and power. The barriers segment is further split into
the single row and double row divisions, the sectional segment into
Nema (American style) and IEC (European style) divisions, and the PCB
segment into fixed and pluggable divisions. Applications of terminal
blocks include business equipment, HVAC, power supplies, industry
controls, instruments, telecom equipment, and transportation.
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the form for an exclusive sample of this report @
This
market is driven by factors such as the increasing demand for
multipurpose, multifunctional, intelligent, finger-safe terminal
blocks; the ever-expanding PCB market; advancements in various
connection technologies; and the product’s growing adoption in the
telecom sector. Industry controls and HVAC are estimated to
contribute a major market share during the forecast period.
Developments in termination technologies of terminal blocks intended
for usage in more rugged applications such as instrumentation,
industry controls, and data acquisition spur their growth. Rapid
urbanization, rising disposable incomes, strict energy regulations,
financial incentives through tax credit programs for energy-efficient
HVAC systems, and technological innovations also play a part in
motivating the HVAC industry which eventually fuels the demand for
terminal blocks in this industry.
By
geography, the market is distributed over North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. The U.S. and
Canada are expected to propel the terminal block market in North
America. In Europe, countries such as the U.K., Germany, France,
Russia, Spain, Italy, and Sweden are the leading players. China,
South Korea, Japan, India, Thailand, Philippines, Malaysia, and
Singapore are likely to dominate the terminal block market in Asia
Pacific, with China being a rapidly developing country. Israel,
Turkey, UAE, Iran, Egypt, Nigeria, Kenya, and Saudi Arabia are some
of the leading countries in the market in Middle East & Africa,
whereas Latin America is dominated by Brazil, Mexico, and Argentina.
The
global market comprises numerous companies operating at regional as
well as global levels. Key players include Infineon Technologies AG,
Phoenix Contact GmbH & Co. Kg, Microsemi Corporation, Weidmüller
Interface GmbH & Co. Kg, Wago Kontakttechnik GmbH & Co. Kg,
Wieland Electric GmbH, ABB Group, Rockwell Automation, Inc., Vicor
Corporation, Crane Aerospace and Electronics, Weco Electrical
Connectors Inc., Synqor Inc., Eaton Corporation PLC, Modular Devices
Inc., Molex LLC, and Metz Connect.
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Request For Discount On This Report @
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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