Cord-end Ferrules are small metal or plastic tubes that are crimped onto the end of a wire or cable. They are used to terminate stranded wires and prevent fraying or breaking of the individual wire strands. Cord-end ferrules are commonly used in electrical applications, such as control panels, automation equipment, and machinery. They are also used in automotive, aerospace, and marine industries for wire harnessing and connections.

Cord-end ferrules are available in a range of sizes and materials, including copper, brass, aluminum, and plastic. They are designed to fit specific wire gauges and can be insulated or non-insulated depending on the application. Further, the rapid growth of Cord-end Ferrules has been driven by the need for efficient, reliable, and high-quality electrical connections that meet the demands of modern manufacturing and safety standards which has further facilitated the demand for Cord-end Ferrules Market growth in coming years.

The report “Cord-end Ferrules Market, By Type (Insulated, and Non-insulated), By Application (Tri-rated cable, and Stranded wires), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

 Key Highlights:

• In June 2022, IDEC Corporation has released a complete product line of S3TL series ferrules, wire strippers, crimpers and screwdrivers. Instead of using bare wire, ferrules offer better mechanical and electrical connections. Section 29.3 "wiring methods" of UL 508A specifies when ferrules are used. Depending on the part number, the IDEC S3TL ferrule product range provides a variety of diameters fitting wire gauges from AWG 26 to AWG 8, each with one or two wires.

Analyst View:

Cord-end ferrules are a great option for the renewable energy industry since they can offer safe and dependable connections in these conditions. Cord-end ferrules are widely used in the automobile industry, and as the demand for electric and hybrid vehicles rises, so will the price of these ferrules. The growth of the global population and urbanization has resulted in a higher demand for infrastructure, such as transportation and communication networks, which require reliable electrical connections. Cord-end ferrules are well-suited for these applications, and their demand is expected to increase Cord-end Ferrules Market as infrastructure continues to be developed.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Cord-end Ferrules Market, By Type (Insulated, and Non-insulated), By Application (Tri-rated cable, and Stranded wires), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

Cord-end Ferrules Market accounted for US$ XX billion in 2022 and is estimated to be US$ XX billion by 2032 and is anticipated to register a CAGR of XX%. Cord-end Ferrules Market is segmented based on Type, Application and Region.

• Based on Type, Cord-end Ferrules Market is segmented into Insulated, and Non-insulated.
• Based on Application, Cord-end Ferrules Market is segmented into Tri-rated cable, and Stranded wires.
• By Region, the Cord-end Ferrules Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Cord-end Ferrules Market:

The prominent players operating in the Cord-end Ferrules Market includes, Partex, HUA WEI, Optimas, Molex, Weidmuller, Truex, CPC, Ease Cable Accessories, Thomas & Betts, 3M Company and others.

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