GLOBAL FINGER-SAFE TERMINAL BLOCKS MARKET

 

INTRODUCTION

Terminal blocks are insulated modular blocks that join two or more wires together. They are also known as terminal connectors or connection terminals. Terminal blocks offer safe, well-managed, and semi-permanent wire connections and are utilised in a variety of industrial applications needing securely connected electrical systems.   In an electrical circuit, terminal blocks are a useful safety feature that can be used to ground, isolate, and protect other components. Additionally, some terminal blocks have test points as an additional safety precaution and finger-safe connections to stop electrical shocks. For connecting wire, terminal blocks provide a time- and money-saving alternative.  

GLOBAL FINGER-SAFE TERMINAL BLOCKS MARKET SIZE AND FORECAST

  The Global Finger-safe Terminal Blocks market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.  

RECENT PRODUCT DEVELOPMENT AND INNOVATION

The weight of the wire is prevented from pressing on the connection point itself thanks to Connectwell High power Terminal Blocks with finger safe protection. In order to avoid temperature rise during continuous operation, the ring lugs allow for a greater contact area between the wire and the current-carrying component (Current bar).   The range of Finger-safe Terminal Blocks from Rockwell Automation sits between full-function IEC style terminal blocks and open-type NEMA/EEMAC terminal blocks. The finger-safe terminal blocks are small and have recessed terminals. They have been CE-marked for use in the European Union and are UL-compliant component-recognized.  

COMPANY PROFILE

• PHOENIX CONTACT GmbH & Co. KG 
• METZ CONNECT GmbH
• ABB Ltd. 
• Amphenol Corporation 
• Rockwell Automation, Inc.
• Eaton Corporation PLC
• Molex, LLC

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Global Finger-safe Terminal Blocks market right now and how will it change in the next 5-6 years?
2. Average cost to set up a Global Finger-safe Terminal Blocks market in the US, Europe and China?
3. How many Global Finger-safe Terminal Blocks market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Global Finger-safe Terminal Blocks market and key vendor selection criteria
6. Where is the Global Finger-safe Terminal Blocks market  manufactured? What is the average margin per equipment?
7. Market share of Global Finger-safe Terminal Blocks market manufacturers and their upcoming products
8. The most important planned Global Finger-safe Terminal Blocks market in next 2 years
9. Details on network of major Global Finger-safe Terminal Blocks market and pricing plans
10. Cost advantage for OEMs who manufacture Global Finger-safe Terminal Blocks market in-house
11. 5 key predictions for next 5 years in Global Finger-safe Terminal Blocks market
12. Average B-2-B Global Finger-safe Terminal Blocks market price in all segments
13. Latest trends in Global Finger-safe Terminal Blocks market, by every market segment
14. The market size (both volume and value) of Global Finger-safe Terminal Blocks market in 2022-2030 and every year in between?
15. Global production breakup of Global Finger-safe Terminal Blocks market, by suppliers and their OEM relationship