The Europe Terminal Block Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).
While not all terminal blocks contain a PCB contact pad or legs, they always have an insulating substance or plastic body that is mechanically solid. There are numerous designs that use terminal blocks, therefore selecting the appropriate one is crucial. By understanding their product, what it would endure, and in what setting it would be used, designers can save time and money by learning to distinguish many connector types and their benefits.
The incorporation of intelligent field devices into environments using switch-based Ethernet is made easier by these solutions. The PCB connection technique is perfect for use in process automation since it complies with the specifications of the APL Port Profile Specification. Bare Wire Connection Mechanism is a technique that uses two different connector types. Prototyping is, therefore, becoming more significant in the evolution of the electronics sector, while trends toward progressive digitization and industrial transformation are reducing the time needed for the creation of new devices. Therefore, these developments in connection technologies are supporting the growth of the terminal blocks market.
The prosperity of Europe relies on the automotive sector of the region. Nearly 13.8 million Europeans have direct or indirect occupations in the automotive industry, which accounts for 6.1% of all employment in the EU. The direct manufacturing of automotive employs approximately 2.6 million people or 8.5% of all the manufacturing jobs within the EU. The EU is one of the world's top makers of vehicles, and this industry represents the greatest private investor in R&D. The European Commission encourages technology harmonization and provides funds for R&D in order to increase the competitiveness of the EU automobile industry and maintain its position as a technological leader worldwide.
The Germany market dominated the Europe Terminal Block Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $339.8 million by 2028.The UK market is anticipated to grow at a CAGR of 4.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.1% during (2022 - 2028).
Based on Industry, the market is segmented into Process Control Instruments, Power Supplies, Telecom Equipment, Business Equipment, Transportation, HVAC Systems, Industrial Controls, and Others. Based on Type, the market is segmented into Sectional, PCB Mount, Power Terminal, Barriers or Barrier Strips and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Terminal Block Market will Hit $5.4 Billion by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TE Connectivity Ltd., Omron Corporation, Eaton Corporation PLC, Rockwell Automation, Inc., Molex, LLC, Weidmüller Interface GmbH & Co. KG, WAGO Kontakttechnik GmbH & Co. KG, Wieland Electric GmbH, Ningbo Degson Electrical Co., Ltd., and Phoenix Contact GmbH & Co. KG.
Scope of the Study
Market Segments Covered in the Report:
By Industry
- Process Control Instruments
- Power Supplies
- Telecom Equipment
- Business Equipment
- Transportation
- HVAC Systems
- Industrial Controls
- Others
By Type
- Sectional
- PCB Mount
- Power Terminal
- Barriers or Barrier Strips
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- TE Connectivity Ltd.
- Omron Corporation
- Eaton Corporation PLC
- Rockwell Automation, Inc.
- Molex, LLC
- Weidmüller Interface GmbH & Co. KG
- WAGO Kontakttechnik GmbH & Co. KG
- Wieland Electric GmbH
- Ningbo Degson Electrical Co., Ltd.
- Phoenix Contact GmbH & Co. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Terminal Block Market, by Industry
1.4.2 Europe Terminal Block Market, by Type
1.4.3 Europe Terminal Block Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, Jul) Leading Players
Chapter 4. Europe Terminal Block Market by Industry
4.1 Europe Process Control Instruments Market by Country
4.2 Europe Power Supplies Market by Country
4.3 Europe Telecom Equipment Market by Country
4.4 Europe Business Equipment Market by Country
4.5 Europe Transportation Market by Country
4.6 Europe HVAC Systems Market by Country
4.7 Europe Industrial Controls Market by Country
4.8 Europe Others Market by Country
Chapter 5. Europe Terminal Block Market by Type
5.1 Europe Sectional Market by Country
5.2 Europe PCB Mount Market by Country
5.3 Europe Power Terminal Market by Country
5.4 Europe Barriers or Barrier Strips Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Terminal Block Market by Country
6.1 Germany Terminal Block Market
6.1.1 Germany Terminal Block Market by Industry
6.1.2 Germany Terminal Block Market by Type
6.2 UK Terminal Block Market
6.2.1 UK Terminal Block Market by Industry
6.2.2 UK Terminal Block Market by Type
6.3 France Terminal Block Market
6.3.1 France Terminal Block Market by Industry
6.3.2 France Terminal Block Market by Type
6.4 Russia Terminal Block Market
6.4.1 Russia Terminal Block Market by Industry
6.4.2 Russia Terminal Block Market by Type
6.5 Spain Terminal Block Market
6.5.1 Spain Terminal Block Market by Industry
6.5.2 Spain Terminal Block Market by Type
6.6 Italy Terminal Block Market
6.6.1 Italy Terminal Block Market by Industry
6.6.2 Italy Terminal Block Market by Type
6.7 Rest of Europe Terminal Block Market
6.7.1 Rest of Europe Terminal Block Market by Industry
6.7.2 Rest of Europe Terminal Block Market by Type
Chapter 7. Company Profiles
7.1 TE Connectivity Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Omron Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Eaton Corporation PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Rockwell Automation, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Acquisition and Mergers:
7.5 Molex, LLC (Koch Industries, Inc.)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.5.2.2 Acquisition and Mergers:
7.6 Weidmüller Interface GmbH & Co. KG
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Acquisition and Mergers:
7.7 WAGO Kontakttechnik GmbH & Co. KG
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 Wieland Electric GmbH
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Acquisition and Mergers:
7.9 Ningbo Degson Electrical Co., Ltd.
7.9.1 Company Overview
7.10. Phoenix Contact GmbH & Co. KG
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
TABLE 1 Europe Terminal Block Market, 2018 - 2021, USD Million
TABLE 2 Europe Terminal Block Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Terminal Block Market
TABLE 4 Product Launches And Product Expansions– Terminal Block Market
TABLE 5 Acquisition and Mergers– Terminal Block Market
TABLE 6 Europe Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 7 Europe Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 8 Europe Process Control Instruments Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Process Control Instruments Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Power Supplies Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Power Supplies Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Telecom Equipment Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Telecom Equipment Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Business Equipment Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Business Equipment Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Transportation Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Transportation Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe HVAC Systems Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe HVAC Systems Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Industrial Controls Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Industrial Controls Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 25 Europe Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 26 Europe Sectional Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Sectional Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe PCB Mount Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe PCB Mount Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Power Terminal Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Power Terminal Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Barriers or Barrier Strips Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Barriers or Barrier Strips Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe Terminal Block Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Terminal Block Market by Country, 2022 - 2028, USD Million
TABLE 38 Germany Terminal Block Market, 2018 - 2021, USD Million
TABLE 39 Germany Terminal Block Market, 2022 - 2028, USD Million
TABLE 40 Germany Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 41 Germany Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 42 Germany Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 43 Germany Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 44 UK Terminal Block Market, 2018 - 2021, USD Million
TABLE 45 UK Terminal Block Market, 2022 - 2028, USD Million
TABLE 46 UK Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 47 UK Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 48 UK Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 49 UK Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 50 France Terminal Block Market, 2018 - 2021, USD Million
TABLE 51 France Terminal Block Market, 2022 - 2028, USD Million
TABLE 52 France Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 53 France Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 54 France Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 55 France Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 56 Russia Terminal Block Market, 2018 - 2021, USD Million
TABLE 57 Russia Terminal Block Market, 2022 - 2028, USD Million
TABLE 58 Russia Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 59 Russia Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 60 Russia Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 61 Russia Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 62 Spain Terminal Block Market, 2018 - 2021, USD Million
TABLE 63 Spain Terminal Block Market, 2022 - 2028, USD Million
TABLE 64 Spain Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 65 Spain Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 66 Spain Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 67 Spain Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 68 Italy Terminal Block Market, 2018 - 2021, USD Million
TABLE 69 Italy Terminal Block Market, 2022 - 2028, USD Million
TABLE 70 Italy Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 71 Italy Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 72 Italy Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 73 Italy Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 74 Rest of Europe Terminal Block Market, 2018 - 2021, USD Million
TABLE 75 Rest of Europe Terminal Block Market, 2022 - 2028, USD Million
TABLE 76 Rest of Europe Terminal Block Market by Industry, 2018 - 2021, USD Million
TABLE 77 Rest of Europe Terminal Block Market by Industry, 2022 - 2028, USD Million
TABLE 78 Rest of Europe Terminal Block Market by Type, 2018 - 2021, USD Million
TABLE 79 Rest of Europe Terminal Block Market by Type, 2022 - 2028, USD Million
TABLE 80 Key information –TE Connectivity Ltd.
TABLE 81 Key Information – Omron Corporation
TABLE 82 key information – Eaton Corporation PLC
TABLE 83 Key information – Rockwell Automation, Inc.
TABLE 84 Key Information – Molex, LLC
TABLE 85 Key Information – Weidmüller Interface GmbH & Co. KG
TABLE 86 Key Information – WAGO Kontakttechnik GmbH & Co. KG
TABLE 87 Key Information- Wieland Electric GmbH
TABLE 88 Key Information – NINGBO DEGSON ELECTRICAL CO., LTD.
TABLE 89 Key Information – Phoenix Contact GmbH & Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, Jul) Leading Players
FIG 5 Recent strategies and developments: TE Connectivity Ltd.
FIG 6 SWOT Analysis: TE Connectivity Ltd.
FIG 7 Recent strategies and developments: OMRON Corporation
FIG 8 SWOT Analysis: Omron Corporation
FIG 9 Recent strategies and developments: Rockwell Automation, Inc.
FIG 10 Recent strategies and developments: Molex, LLC
FIG 11 Recent strategies and developments: Weidmüller Interface GmbH & Co. KG