High-Current Terminal Blocks Market Industry Analysis, Advancements in Terminal Blocks Driving the High-Current Terminal Blocks Market

A high-current terminal block is defined as a power-driven connector in which the wires are clamped down to the metallic part by a bolt. It permits more than one circuit to connect to another circuit and frequently contains both copper and aluminum strips that are designed to connect different components. These strips make a bus bar for power supply which is sent to the related connected components.

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A high-current terminal block is specifically designed to endure the harshest environment conditions and delivers a robust locking apparatus that foils un-mating of the connector pair under stress. Novel innovations in IEC DIN rail sectional blocks and NEMA have augmented the utilization of these high-current terminal blocks in harsh environments, construction, discrete manufacturing, conveyance lines, amusement park ride controls, special machines, commercial office buildings, building automation, and educational campuses.

High-Current Terminal Blocks Market- Competitive Landscape

  • In August 2018, TE Connectivity acquired ABB’s ENTRELEC terminal block business. ABB’s terminal block business provides products and services across 70 countries worldwide. By this acquisition, TE Connectivity is expected to increase its geographical presence and also its market share worldwide.
  • In October 2017, The Weidmüller Group acquired W Interconnections group companies in the U.S., Mexico, and Canada from Rockwell Automation, Inc. provides industrial connectivity and automation including terminal blocks (high-current, multilayer). This acquisition would help the company to increase its market presence specifically in the U.S and surrounded areas.

TE Connectivity Ltd

Established in 2007, TE Connectivity Ltd is based in Switzerland. The company manufactures and commercializes connectivity and sensor solutions across the globe. It mainly operates its business through three segments: industrial solutions, communications solutions, and transportation solutions. Its transportation solutions segment provides connector systems, terminals & components, antennas, heat shrink tubing, relays, wires, and application tooling and sensors products for various end-users such as commercial transportation, automotive, and sensor markets.

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Rockwell Automation, Inc.

Founded in 1903 and located in the U.S., Rockwell Automation, Inc. designs, develops, and manufactures information solutions and industrial automation worldwide. The company operates through two segments that include control products & solutions, and architecture & software solutions. It’s control products & solutions segment provides motor and circuit protection devices, low and medium voltage electro-mechanical devices, AC/DC variable frequency drives, electronic motor starters, and termination & protection devices.

Eaton Corporation PLC

Ireland based Eaton Corporation PLC was established in 1916. The company designs, develops, and manufactures electrical products and hydraulics products. Its electrical products segment provides single phase power quality products, power terminal blocks, electrical and industrial components, wiring devices, emergency lighting and fire detection products, circuit protection & lighting products and structural support systems.

Molex LLC

Founded in 1938 and located in the U.S., Molex LLC manufactures electronic components and solutions across the globe. The company mainly provides sockets and edge cards, connectors, antennas/wireless solutions, cable assemblies, optical solutions, automation and industrial products, printed circuit boards, terminal blocks, single- and dual-row receptacles, lighting products, and wiring devices.

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