The new energy sector (photovoltaics, energy storage, new energy vehicles) is the biggest driving force
High current and high voltage demand: With the increasing power of photovoltaic inverters, energy storage systems (BESS), and electric vehicle charging stations, the market demand for wiring terminals that can carry higher currents (such as 250A or above) and higher voltages (above 1000V) has surged. Major manufacturers such as Weidmuller, Phoenix, Wanke, etc. are launching targeted high-power product lines.
Safety and reliability: In the field of energy storage and electric vehicles, the flame retardant rating (such as UL94 V-0), touch protection (IP rating), and seismic performance of wiring terminals have become of utmost importance. Industry news frequently mentions the news that the product has passed the new security certification.
Fast charging technology: In order to shorten the charging time of electric vehicles, the 800V high-voltage platform has become a trend, which directly drives the technological innovation and market capacity of related high-voltage terminal blocks.
Industrial Automation and Intelligent Manufacturing (Industry 4.0)
IO Link integration: Traditional wiring terminals are becoming "smart". The terminal module integrated with IO Link interface allows for remote configuration, diagnosis, and parameterization, greatly improving equipment maintenance efficiency and intelligence level. This is an important direction for industry technological upgrading.
Compact and high-density design: Control cabinet space is becoming increasingly valuable, so smaller and higher density terminal solutions (such as butterfly spring connection technology) are favored, which can connect more lines in the same space.
Tool automation: In order to improve production line efficiency, the demand for manual operation terminals that do not require tools and terminals that support automated crimping tools is increasing to meet the needs of different scenarios.
Rail Transit and Infrastructure
Although not as rapidly growing as the new energy sector, the steady development of rail transit (high-speed rail, subway) and power infrastructure (such as smart distribution cabinets) has provided a stable market demand for highly reliable, vibration resistant, and long-life terminal blocks.
Technological Trends:
Intelligence: Intelligent terminals that integrate sensors and communication functions are the future.
Efficiency: Direct insertion and other tool free operation technologies have become mainstream, improving installation efficiency.
Miniaturization: Equipment compactness requires smaller terminal volume and higher density.
Specialization: Developing customized products for specific industries, such as new energy and automobiles, to meet their special needs.
Market Trends:
Continuous growth: Driven by global energy transition and industrial upgrading, the market is expected to maintain stable growth.
Intensifying competition: International giants compete fiercely with local enterprises, and local enterprises continue to expand their market share by leveraging their cost and service advantages.
Localization of supply chain: In order to ensure supply chain security and reduce costs, end customers are more inclined to adopt locally produced and supplied products.
