The global Heat Shrink Terminals and Splices market size is predicted to grow from US$ 348 million in 2025 to US$ 469 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.
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.
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.
The 鈥淗eat Shrink Terminals and Splices Industry Forecast鈥� looks at past sales and reviews total world Heat Shrink Terminals and Splices sales in 2024, providing a comprehensive analysis by region and market sector of projected Heat Shrink Terminals and Splices sales for 2025 through 2031. With Heat Shrink Terminals and Splices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Shrink Terminals and Splices industry.
This Insight Report provides a comprehensive analysis of the global Heat Shrink Terminals and Splices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Heat Shrink Terminals and Splices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Heat Shrink Terminals and Splices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Shrink Terminals and Splices and breaks down the forecast by Type, by Downstream Industry, 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 Heat Shrink Terminals and Splices.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat Shrink Terminals and Splices market by product type, application, key players and key regions and countries.
Segmentation by Type:
Heat Shrink Ring Terminals
Heat Shrink Fork Terminals
Heat Shrink Butt Splices
Heat Shrink Disconnect Terminals
Others
Segmentation by Downstream Industry:
Automotive Application
Marine Application
Industrial Application
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.
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
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Heat Shrink Terminals and Splices 麻豆原创 Size (2020-2031)
2.1.2 Heat Shrink Terminals and Splices 麻豆原创 Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Heat Shrink Terminals and Splices by Country/Region (2020, 2024 & 2031)
2.2 Heat Shrink Terminals and Splices Segment by Type
2.2.1 Heat Shrink Ring Terminals
2.2.2 Heat Shrink Fork Terminals
2.2.3 Heat Shrink Butt Splices
2.2.4 Heat Shrink Disconnect Terminals
2.2.5 Others
2.3 Heat Shrink Terminals and Splices 麻豆原创 Size by Type
2.3.1 Heat Shrink Terminals and Splices 麻豆原创 Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Heat Shrink Terminals and Splices 麻豆原创 Size 麻豆原创 Share by Type (2020-2025)
2.4 Heat Shrink Terminals and Splices Segment by Downstream Industry
2.4.1 Automotive Application
2.4.2 Marine Application
2.4.3 Industrial Application
2.4.4 Appliances
2.4.5 Others
2.5 Heat Shrink Terminals and Splices 麻豆原创 Size by Downstream Industry
2.5.1 Heat Shrink Terminals and Splices 麻豆原创 Size CAGR by Downstream Industry (2020 VS 2024 VS 2031)
2.5.2 Global Heat Shrink Terminals and Splices 麻豆原创 Size 麻豆原创 Share by Downstream Industry (2020-2025)
3 Heat Shrink Terminals and Splices 麻豆原创 Size by Player
3.1 Heat Shrink Terminals and Splices 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global Heat Shrink Terminals and Splices Revenue by Player (2020-2025)
3.1.2 Global Heat Shrink Terminals and Splices Revenue 麻豆原创 Share by Player (2020-2025)
3.2 Global Heat Shrink Terminals and Splices Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Heat Shrink Terminals and Splices by Region
4.1 Heat Shrink Terminals and Splices 麻豆原创 Size by Region (2020-2025)
4.2 Global Heat Shrink Terminals and Splices Annual Revenue by Country/Region (2020-2025)
4.3 Americas Heat Shrink Terminals and Splices 麻豆原创 Size Growth (2020-2025)
4.4 APAC Heat Shrink Terminals and Splices 麻豆原创 Size Growth (2020-2025)
4.5 Europe Heat Shrink Terminals and Splices 麻豆原创 Size Growth (2020-2025)
4.6 Middle East & Africa Heat Shrink Terminals and Splices 麻豆原创 Size Growth (2020-2025)
5 Americas
5.1 Americas Heat Shrink Terminals and Splices 麻豆原创 Size by Country (2020-2025)
5.2 Americas Heat Shrink Terminals and Splices 麻豆原创 Size by Type (2020-2025)
5.3 Americas Heat Shrink Terminals and Splices 麻豆原创 Size by Downstream Industry (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Heat Shrink Terminals and Splices 麻豆原创 Size by Region (2020-2025)
6.2 APAC Heat Shrink Terminals and Splices 麻豆原创 Size by Type (2020-2025)
6.3 APAC Heat Shrink Terminals and Splices 麻豆原创 Size by Downstream Industry (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Heat Shrink Terminals and Splices 麻豆原创 Size by Country (2020-2025)
7.2 Europe Heat Shrink Terminals and Splices 麻豆原创 Size by Type (2020-2025)
7.3 Europe Heat Shrink Terminals and Splices 麻豆原创 Size by Downstream Industry (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Heat Shrink Terminals and Splices by Region (2020-2025)
8.2 Middle East & Africa Heat Shrink Terminals and Splices 麻豆原创 Size by Type (2020-2025)
8.3 Middle East & Africa Heat Shrink Terminals and Splices 麻豆原创 Size by Downstream Industry (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Heat Shrink Terminals and Splices 麻豆原创 Forecast
10.1 Global Heat Shrink Terminals and Splices Forecast by Region (2026-2031)
10.1.1 Global Heat Shrink Terminals and Splices Forecast by Region (2026-2031)
10.1.2 Americas Heat Shrink Terminals and Splices Forecast
10.1.3 APAC Heat Shrink Terminals and Splices Forecast
10.1.4 Europe Heat Shrink Terminals and Splices Forecast
10.1.5 Middle East & Africa Heat Shrink Terminals and Splices Forecast
10.2 Americas Heat Shrink Terminals and Splices Forecast by Country (2026-2031)
10.2.1 United States 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.2.2 Canada 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.2.3 Mexico 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.2.4 Brazil 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.3 APAC Heat Shrink Terminals and Splices Forecast by Region (2026-2031)
10.3.1 China Heat Shrink Terminals and Splices 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.3.3 Korea 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.3.4 Southeast Asia 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.3.5 India 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.3.6 Australia 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.4 Europe Heat Shrink Terminals and Splices Forecast by Country (2026-2031)
10.4.1 Germany 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.4.2 France 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.4.3 UK 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.4.4 Italy 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.4.5 Russia 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.5 Middle East & Africa Heat Shrink Terminals and Splices Forecast by Region (2026-2031)
10.5.1 Egypt 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.5.2 South Africa 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.5.3 Israel 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.5.4 Turkey 麻豆原创 Heat Shrink Terminals and Splices Forecast
10.6 Global Heat Shrink Terminals and Splices Forecast by Type (2026-2031)
10.7 Global Heat Shrink Terminals and Splices Forecast by Downstream Industry (2026-2031)
10.7.1 GCC Countries 麻豆原创 Heat Shrink Terminals and Splices Forecast
11 Key Players Analysis
11.1 Molex
11.1.1 Molex Company Information
11.1.2 Molex Heat Shrink Terminals and Splices Product Offered
11.1.3 Molex Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.1.4 Molex Main Business Overview
11.1.5 Molex Latest Developments
11.2 TE Connectivity
11.2.1 TE Connectivity Company Information
11.2.2 TE Connectivity Heat Shrink Terminals and Splices Product Offered
11.2.3 TE Connectivity Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.2.4 TE Connectivity Main Business Overview
11.2.5 TE Connectivity Latest Developments
11.3 3M
11.3.1 3M Company Information
11.3.2 3M Heat Shrink Terminals and Splices Product Offered
11.3.3 3M Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.3.4 3M Main Business Overview
11.3.5 3M Latest Developments
11.4 Panduit
11.4.1 Panduit Company Information
11.4.2 Panduit Heat Shrink Terminals and Splices Product Offered
11.4.3 Panduit Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.4.4 Panduit Main Business Overview
11.4.5 Panduit Latest Developments
11.5 ABB (T&B)
11.5.1 ABB (T&B) Company Information
11.5.2 ABB (T&B) Heat Shrink Terminals and Splices Product Offered
11.5.3 ABB (T&B) Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.5.4 ABB (T&B) Main Business Overview
11.5.5 ABB (T&B) Latest Developments
11.6 Fuji Terminal
11.6.1 Fuji Terminal Company Information
11.6.2 Fuji Terminal Heat Shrink Terminals and Splices Product Offered
11.6.3 Fuji Terminal Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.6.4 Fuji Terminal Main Business Overview
11.6.5 Fuji Terminal Latest Developments
11.7 Shawcor (DSG-Canusa)
11.7.1 Shawcor (DSG-Canusa) Company Information
11.7.2 Shawcor (DSG-Canusa) Heat Shrink Terminals and Splices Product Offered
11.7.3 Shawcor (DSG-Canusa) Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.7.4 Shawcor (DSG-Canusa) Main Business Overview
11.7.5 Shawcor (DSG-Canusa) Latest Developments
11.8 K.S. TERMINALS
11.8.1 K.S. TERMINALS Company Information
11.8.2 K.S. TERMINALS Heat Shrink Terminals and Splices Product Offered
11.8.3 K.S. TERMINALS Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.8.4 K.S. TERMINALS Main Business Overview
11.8.5 K.S. TERMINALS Latest Developments
11.9 Nichifu
11.9.1 Nichifu Company Information
11.9.2 Nichifu Heat Shrink Terminals and Splices Product Offered
11.9.3 Nichifu Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.9.4 Nichifu Main Business Overview
11.9.5 Nichifu Latest Developments
11.10 Hubbell (Burndy)
11.10.1 Hubbell (Burndy) Company Information
11.10.2 Hubbell (Burndy) Heat Shrink Terminals and Splices Product Offered
11.10.3 Hubbell (Burndy) Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.10.4 Hubbell (Burndy) Main Business Overview
11.10.5 Hubbell (Burndy) Latest Developments
11.11 NSPA (National Standard Parts Associates)
11.11.1 NSPA (National Standard Parts Associates) Company Information
11.11.2 NSPA (National Standard Parts Associates) Heat Shrink Terminals and Splices Product Offered
11.11.3 NSPA (National Standard Parts Associates) Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.11.4 NSPA (National Standard Parts Associates) Main Business Overview
11.11.5 NSPA (National Standard Parts Associates) Latest Developments
11.12 Hillsdale Terminal
11.12.1 Hillsdale Terminal Company Information
11.12.2 Hillsdale Terminal Heat Shrink Terminals and Splices Product Offered
11.12.3 Hillsdale Terminal Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.12.4 Hillsdale Terminal Main Business Overview
11.12.5 Hillsdale Terminal Latest Developments
11.13 FTZ Industries
11.13.1 FTZ Industries Company Information
11.13.2 FTZ Industries Heat Shrink Terminals and Splices Product Offered
11.13.3 FTZ Industries Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.13.4 FTZ Industries Main Business Overview
11.13.5 FTZ Industries Latest Developments
11.14 Jeesoon Terminals
11.14.1 Jeesoon Terminals Company Information
11.14.2 Jeesoon Terminals Heat Shrink Terminals and Splices Product Offered
11.14.3 Jeesoon Terminals Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.14.4 Jeesoon Terminals Main Business Overview
11.14.5 Jeesoon Terminals Latest Developments
11.15 UTA Auto Industrial
11.15.1 UTA Auto Industrial Company Information
11.15.2 UTA Auto Industrial Heat Shrink Terminals and Splices Product Offered
11.15.3 UTA Auto Industrial Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.15.4 UTA Auto Industrial Main Business Overview
11.15.5 UTA Auto Industrial Latest Developments
11.16 Yun Lin Electronic
11.16.1 Yun Lin Electronic Company Information
11.16.2 Yun Lin Electronic Heat Shrink Terminals and Splices Product Offered
11.16.3 Yun Lin Electronic Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.16.4 Yun Lin Electronic Main Business Overview
11.16.5 Yun Lin Electronic Latest Developments
11.17 Maikasen
11.17.1 Maikasen Company Information
11.17.2 Maikasen Heat Shrink Terminals and Splices Product Offered
11.17.3 Maikasen Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.17.4 Maikasen Main Business Overview
11.17.5 Maikasen Latest Developments
11.18 EasyJoint Electric
11.18.1 EasyJoint Electric Company Information
11.18.2 EasyJoint Electric Heat Shrink Terminals and Splices Product Offered
11.18.3 EasyJoint Electric Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.18.4 EasyJoint Electric Main Business Overview
11.18.5 EasyJoint Electric Latest Developments
11.19 AIRIC
11.19.1 AIRIC Company Information
11.19.2 AIRIC Heat Shrink Terminals and Splices Product Offered
11.19.3 AIRIC Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.19.4 AIRIC Main Business Overview
11.19.5 AIRIC Latest Developments
11.20 Changhong Plastics Group Imperial Plastics
11.20.1 Changhong Plastics Group Imperial Plastics Company Information
11.20.2 Changhong Plastics Group Imperial Plastics Heat Shrink Terminals and Splices Product Offered
11.20.3 Changhong Plastics Group Imperial Plastics Heat Shrink Terminals and Splices Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.20.4 Changhong Plastics Group Imperial Plastics Main Business Overview
11.20.5 Changhong Plastics Group Imperial Plastics Latest Developments
12 Research Findings and Conclusion
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*If Applicable.