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Heat shrink terminal is used for insulation, sealing and protection of joints from external abuse, scratches, moisture, salt and other hazardous elements. In order to shrink down the insulation after compressing the heat shrink connectors to electrical wire system, heat guns are used. Once, the heat shrink sleeve is heated and shrunk down onto the cable, it helps in increasing the mechanical strength of the terminal as well as resistance to corrosion.
The global market for Heat Shrink Terminals and Splices was estimated to be worth US$ 323.9 million in 2023 and is forecast to a readjusted size of US$ 454.5 million by 2030 with a CAGR of 4.9% during the forecast period 2024-2030
Molex, TE Connectivity, K.S. TERMINALS, 3M, ABB (T&B), Fuji Terminal, Panduit, FTZ Industries, NSPA (National Standard Parts Associates) are the key players in the global heat shrink terminals and splices market. This market is relatively dispersed, the Top 5 took up only 20.16% of the global market in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Heat Shrink Terminals and Splices, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Heat Shrink Terminals and Splices by region & country, by Type, and by Downstream Industry.
The Heat Shrink Terminals and Splices market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Shrink Terminals and Splices.
Market Segmentation
By Company
Molex
TE Connectivity
3M
Panduit
ABB (T&B)
Fuji Terminal
Shawcor (DSG-Canusa)
K.S. TERMINALS
Nichifu
Hubbell (Burndy)
NSPA (National Standard Parts Associates)
Hillsdale Terminal
FTZ Industries
Jeesoon Terminals
UTA Auto Industrial
Yun Lin Electronic
Maikasen
EasyJoint Electric
AIRIC
Changhong Plastics Group Imperial Plastics
Segment by Type:
Heat Shrink Ring Terminals
Heat Shrink Fork Terminals
Heat Shrink Butt Splices
Heat Shrink Disconnect Terminals
Others
Segment by Downstream Industry
Automotive Application
Marine Application
Industrial Application
Appliances
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Heat Shrink Terminals and Splices manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Downstream Industry, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Heat Shrink Terminals and Splices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Heat Shrink Terminals and Splices in country level. It provides sigmate data by Type, and by Downstream Industry for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
The global market for Heat Shrink Terminals and Splices was estimated to be worth US$ 323.9 million in 2023 and is forecast to a readjusted size of US$ 454.5 million by 2030 with a CAGR of 4.9% during the forecast period 2024-2030
Molex, TE Connectivity, K.S. TERMINALS, 3M, ABB (T&B), Fuji Terminal, Panduit, FTZ Industries, NSPA (National Standard Parts Associates) are the key players in the global heat shrink terminals and splices market. This market is relatively dispersed, the Top 5 took up only 20.16% of the global market in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Heat Shrink Terminals and Splices, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Heat Shrink Terminals and Splices by region & country, by Type, and by Downstream Industry.
The Heat Shrink Terminals and Splices market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Shrink Terminals and Splices.
Market Segmentation
By Company
Molex
TE Connectivity
3M
Panduit
ABB (T&B)
Fuji Terminal
Shawcor (DSG-Canusa)
K.S. TERMINALS
Nichifu
Hubbell (Burndy)
NSPA (National Standard Parts Associates)
Hillsdale Terminal
FTZ Industries
Jeesoon Terminals
UTA Auto Industrial
Yun Lin Electronic
Maikasen
EasyJoint Electric
AIRIC
Changhong Plastics Group Imperial Plastics
Segment by Type:
Heat Shrink Ring Terminals
Heat Shrink Fork Terminals
Heat Shrink Butt Splices
Heat Shrink Disconnect Terminals
Others
Segment by Downstream Industry
Automotive Application
Marine Application
Industrial Application
Appliances
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Heat Shrink Terminals and Splices manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Downstream Industry, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Heat Shrink Terminals and Splices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Heat Shrink Terminals and Splices in country level. It provides sigmate data by Type, and by Downstream Industry for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by
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