Global Wire Termination Market Growth 2023-2029

Global Wire Termination Market Growth 2023-2029

A wire termination is a piece of electrical equipment that's attached to either end of an electrical wire. This unique piece of electrical equipment is used to connect two or more electrical devices (switch, terminal, or connector). Wire termination includes wire connectors, closed-end crimp connectors, cord- end ferrules and wire terminal.
LPI (LP Information)' newest research report, the “Wire Termination Industry Forecast” looks at past sales and reviews total world Wire Termination sales in 2022, providing a comprehensive analysis by region and market sector of projected Wire Termination sales for 2023 through 2029. With Wire Termination sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wire Termination industry.
This Insight Report provides a comprehensive analysis of the global Wire Termination landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wire Termination portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wire Termination market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wire Termination and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wire Termination.
The global Wire Termination market size is projected to grow from US$ 4904 million in 2022 to US$ 6060.3 million in 2029; it is expected to grow at a CAGR of 6060.3 from 2023 to 2029.
Global key players of wire termination include ABB, 3M, TE Connectivity, JST, Panduit, etc. The top five players hold a share about 16%. The global wire terminations are mainly produced in United States, Japan and Europe, they occupied for a share over 25%. Europe is the largest market, has a share about 30%, followed by United States and China, with share 23% and 16%, separately.
This report presents a comprehensive overview, market shares, and growth opportunities of Wire Termination market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wire Connectors
Cord-end Ferrules
Terminals
Segmentation by application
Aerospace and Defense
Automotive
Industrial Application
Electrical & Electronics
Home Appliances
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TE Connectivity
3M
Panduit
ABB
JST
Fuji Terminal
Molex
HellermannTyton
K.S. TERMINALS
Hubbell
Ideal Industries
Nichifu
ECM Industries
Nippon Tanshi
ETCO
Sicame Group
NSPA
Hillsdale Terminal
Daido Solderless Terminal
Jeesoon Terminals
NSi Industries

Key Questions Addressed in this Report
What is the 10-year outlook for the global Wire Termination market?
What factors are driving Wire Termination market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wire Termination market opportunities vary by end market size?
How does Wire Termination break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.