South America Terminal Blocks Market Forecast to 2028 – COVID-19 Impact and Analysis - by Type (Barriers, Sectional Terminal Blocks, PCB Mount Terminal Blocks, Power Blocks, and Others), Function Type (Single-feed Through, Dual-level Terminal Block, and Three-level Terminal Blocks), Connection Technologies (Spring Clamp Terminal Blocks, Screw-type Terminal Blocks, Insulation Displacement Connection, Push-in Type Terminal Blocks, and Barriers), Industry (Business Equipment, HVAC, Power Supplies, Industry Controls, Instruments, Telecom Equipment, Transportation, and Others), and Device Type (Ground Circuit Terminal, Fuse Terminal Blocks, and Others)
The South America terminal blocks market is expected to grow from US$ 128.12 million in 2022 to US$ 150.35 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2022 to 2028.
Industrial automation is perceived to improve the productivity and quality of plants by mitigating errors and wastage, increasing safety, and adding flexibility to the manufacturing process. In addition, the integration of a real-time operating system (RTOS) with automated processes enhances process scheduling and improves the operational efficiency. Thus, the growing demand for PCBs in industrial applications, coupled with the increasing scale of automation, is fueling the demand for terminal blocks. Current trends that are gaining significant traction in the manufacturing sector, such as robotics, machine learning, and artificial intelligence (AI), have enabled machines to match or even outpace humans in different areas, including the cognitive tasks that are required at various levels of manufacturing. Automation of any lean assembly line is likely to boost productivity by 10–20%. The industry 4.0 is another flourishing trend in the manufacturing sector, which is likely to dominate the sector in the coming years. The advent of Industry 4.0 or the Industrial Internet of Things (IIoT), utilizing the capabilities of collaborative robots and automated guided vehicles, is further anticipated to boost the productivity of the manufacturing sector. Manufacturing companies are replacing human resources with industrial robots for product assembly, quality checks, and packaging. Robotic process automation (RPA) is being incorporated into industrial applications for activities such as material bill preparation, administration and reporting, customer support and service desk operations, data migration, logistics data automation, and ERP automation, among others. Consumer electronics, medical product, automobile, and defense device manufacturing are a few of the prominent industries using automation in the manufacturing assembly lines at a large scale. Thus, such growth prospects in the industrial sector are likely to accelerate the adoption of PCBs, eventually augmenting the demand for terminal blocks in the coming years. The South America terminal blocks market is expected to grow at a good CAGR during the forecast period.
South America Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
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South America Terminal Blocks Market Segmentation
The South America market for terminal blocks market is segmented into type, function type, connection technologies, industry, device type, and country.
- Based on type, the market is segmented into barriers, sectional terminal blocks, pcb mount terminal blocks, power blocks, and others. In 2022, the pcb mount terminal blocks segment held the largest share in the South America terminal blocks market.
- Based on function type the South America terminal blocks market is divided into single-feed through, dual-level terminal block, and three-level terminal blocks. The single-feed through segment registered the largest market share in 2022.
- On the basis of connection technologies, the market is segmented into spring clamp terminal blocks, screw-type terminal blocks, insulation displacement connection, push-in type terminal blocks, and barriers. The screw-type terminal blocks segment registered the largest market share in 2022.
- Similarly, based on industry, the market is segmented into business equipment, hvac, power supplies, industry controls, instruments, telecom equipment, transportation, and others. The power supplies segment contributed a substantial share in 2022.
- Based on device the market is segmented into ground circuit terminal, fuse terminal blocks, and others type. The ground circuit terminal segment registered the largest market share in 2022.
- Based on country, the market has been segmented into the Brazil, Argentina, and rest of SAM. The Brazil registered the largest market share in 2022.
ABB Ltd, Eaton, WAGO, Molecx, LLC(Koch industries,Inc.), Phoenix Contact, Rockwell Automation,Inc, WECO Electrical Connectors, Weidmuller Interface GmbH & Co.KG, and Wieland Electric GmbH are among the leading companies in the South America terminal blocks market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Terminal Blocks Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. SAM Terminal Blocks Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing demand for PCB Terminal Blocks
5.1.2 Advancements in Connection Technologies for Terminal Blocks
5.2 Key Market Restraints
5.2.1 Stringent Regulatory Standards
5.3 Key Market Opportunities
5.3.1 Rapid Industrialization in Several Countries
5.4 Future Trends
5.4.1 Rising Popularity of Micro-Miniaturized Terminal Blocks
5.5 Impact Analysis of Drivers and Restraints
6. Terminal Blocks Market – SAM Market Analysis
6.1 SAM Terminal Blocks Market Revenue Forecast and Analysis
7. SAM Terminal Blocks Market Analysis – By Type
7.1 Overview
7.2 Terminal Blocks Market, by Type (2021 and 2028)
7.3 Barriers
7.3.1 Overview
7.3.2 Barriers: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Sectional Terminal Blocks
7.4.1 Overview
7.4.2 Sectional Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
7.5 PCB Mount Terminal Blocks
7.5.1 Overview
7.5.2 PCB Mount Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Power Blocks
7.6.1 Overview
7.6.2 Power Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Terminal Blocks Market Analysis – By Device Type
8.1 Overview
8.2 Terminal Blocks Market, By Device Type (2021 And 2028)
8.3 Ground Circuit
8.3.1 Overview
8.3.2 Ground Circuit: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
8.4 Fuse Terminal Blocks
8.4.1 Overview
8.4.2 Fuse Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
9. SAM Terminal Blocks Market Analysis – By Function Type
9.1 Overview
9.2 Terminal Blocks Market, By Function Type (2021 And 2028)
9.3 Single-Feed through Terminal Block
9.3.1 Overview
9.3.2 Single-Feed through Terminal Block: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
9.4 Dual-Level Terminal Blocks
9.4.1 Overview
9.4.2 Dual-Level Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
9.5 Three-Level Blocks (Multi-Level Terminal Blocks)
9.5.1 Overview
9.5.2 Three-Level Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
10. SAM Terminal Blocks Market Analysis – By Connection Technologies
10.1 Overview
10.2 Terminal Blocks Market, By Connection Technologies (2021 and 2028)
10.3 Spring Clamp Terminal Blocks
10.3.1 Overview
10.3.2 Spring Clamp Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
10.4 Screw Type Terminal Blocks
10.4.1 Overview
10.4.2 Screw Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
10.5 Insulation Displacement Connection
10.5.1 Overview
10.5.2 Insulation Displacement Connection: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
10.6 Push-in Type Terminal Blocks
10.6.1 Overview
10.6.2 Push-in Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
10.7 Barrier
10.7.1 Overview
10.7.2 Barrier: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
11. SAM Terminal Blocks Market – By Industry
11.1 Overview
11.2 Terminal Blocks Market, by Industry (2021 and 2028)
11.3 Business Equipment
11.3.1 Overview
11.3.2 Business Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
11.4 HVAC
11.4.1 Overview
11.4.2 HVAC: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
11.5 Power Supplies
11.5.1 Overview
11.5.2 Power Supplies: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
11.6 Industry Controls
11.6.1 Overview
11.6.2 Industry Controls: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
11.7 Instruments
11.7.1 Overview
11.7.2 Instruments: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
11.8 Telecom Equipment
11.8.1 Overview
11.8.2 Telecom Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
11.9 Transportation
11.9.1 Overview
11.9.2 Transportation: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
11.10 Others
11.10.1 Overview
11.10.2 Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
12. SAM Terminal Blocks Market – Country Analysis
12.1 SAM: Terminal Blocks Market
12.1.1 Overview
12.1.2 SAM Terminal Blocks Market Breakdown, by Country
12.1.3 SAM Terminal Blocks Market Breakdown, by Country
12.1.3.1 Brazil Terminal Blocks Market, Revenue and Forecast to 2028
12.1.3.1.1 Brazil Terminal Blocks Market Breakdown, by Type
12.1.3.1.2 Brazil Terminal Blocks Market Breakdown, by Function Types
12.1.3.1.3 Brazil Terminal Blocks Market Breakdown, by Connection Technologies
12.1.3.1.4 Brazil Terminal Blocks Market Breakdown, by Industry
12.1.3.1.5 Brazil Terminal Blocks Market Breakdown, by Device Type
12.1.3.2 Argentina Terminal Blocks Market, Revenue and Forecast to 2028
12.1.3.2.1 Argentina Terminal Blocks Market Breakdown, by Type
12.1.3.2.2 Argentina Terminal Blocks Market Breakdown, by Function Types
12.1.3.2.3 Argentina Terminal Blocks Market Breakdown, by Connection Technologies
12.1.3.2.4 Argentina Terminal Blocks Market Breakdown, by Industry
12.1.3.2.5 Argentina Terminal Blocks Market Breakdown, by Device Type
12.1.3.3 Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028
12.1.3.3.1 Rest of SAM Terminal Blocks Market Breakdown, by Type
12.1.3.3.2 Rest of SAM Terminal Blocks Market Breakdown, by Function Types
12.1.3.3.3 Rest of SAM Terminal Blocks Market Breakdown, by Connection Technologies
12.1.3.3.4 Rest of SAM Terminal Blocks Market Breakdown, by Industry
12.1.3.3.5 Rest of SAM Terminal Blocks Market Breakdown, by Device Type
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 ABB Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Eaton
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 WAGO
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Molex, LLC (Koch Industries, Inc.)
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Phoenix Contact
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Rockwell Automation, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 WECO Electrical Connectors
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Weidmüller Interface GmbH & Co. KG
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Wieland Electric GmbH
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. SAM Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM Terminal Blocks Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 3. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)
Table 4. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)
Table 5. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)
Table 6. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)
Table 7. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)
Table 8. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)
Table 9. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)
Table 10. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)
Table 11. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)
Table 12. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)
Table 13. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Type (US$ million)
Table 14. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Function Types (US$ million)
Table 15. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Connection Technologies (US$ million)
Table 16. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Industry (US$ million)
Table 17. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 – by Device Type (US$ million)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Terminal Blocks Market Segmentation
Figure 2. SAM Terminal Blocks Market Segmentation – By Country
Figure 3. SAM Terminal Blocks Market Overview
Figure 4. SAM Terminal Blocks Market, by Type
Figure 5. SAM Terminal Blocks Market, by Function Type
Figure 6. SAM Terminal Blocks Market, by Country
Figure 7. SAM – PEST Analysis
Figure 8. SAM Terminal Blocks Market- Ecosystem Analysis
Figure 9. Expert Opinions
Figure 10. SAM Terminal Blocks Market: Impact Analysis of Drivers and Restraints
Figure 11. SAM Terminal Blocks Market Revenue Forecast and Analysis (US$ Million)
Figure 12. SAM Terminal Blocks Market Revenue Share, by Type (2021 and 2028)
Figure 13. SAM Barriers: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Sectional Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM PCB Mount Terminal Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Power Blocks: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Terminal Blocks Market, By Device Type (2021 and 2028)
Figure 19. SAM Ground Circuit: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Fuse Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Others: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Terminal Blocks Market, By Function Type (2021 and 2028)
Figure 23. SAM Single-Feed through Terminal Block: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Dual-Level Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM Three-Level Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. SAM Terminal Blocks Market, By Connection Technologies (2021 and 2028)
Figure 27. SAM Spring Clamp Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. SAM Screw Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. SAM Insulation Displacement Connection: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. SAM Push-in Type Terminal Blocks: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. SAM Barrier Terminal Block: Terminal Blocks Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. SAM Terminal Blocks Market Revenue Share, by Industry (2021 and 2028)
Figure 33. SAM Business Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. SAM HVAC: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. SAM Power Supplies: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. SAM Industry Controls: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. SAM Instruments: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. SAM Telecom Equipment: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. SAM Transportation: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. SAM Others: Terminal Blocks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. SAM Terminal Blocks Market Breakdown, by Country, 2021 & 2028 (%)
Figure 42. SAM Terminal Blocks Market Breakdown, by Country, 2021 & 2028 (%)
Figure 43. Brazil Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)
Figure 44. Argentina Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)
Figure 45. Rest of SAM Terminal Blocks Market, Revenue and Forecast to 2028 (US$ million)
- ABB Ltd.
- Eaton.
- WAGO.
- Molecx, LLC(Koch industries,Inc.).
- Phoenix Contact.
- Rockwell Automation,Inc.
- WECO Electrical Connectors.
- Weidmuller Interface GmbH & Co.KG.
- Wieland Electric GmbH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America terminal block market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America terminal block market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the terminal block market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution