Terminal Block Market Report by Size, Industry, Forecast (2022-2027)
The global terminal block market size is expected to grow from USD 3.9 billion in 2022 to USD 5.2 billion by 2027, at a CAGR of 5.7%. The growth of the market is attributed to the rising implementation of advanced terminal blocks in telecom sector and ongoing advancements in connection technologies. However, difficulties in selecting right terminal block according to application is restraining the market growth.
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