The global Vacuum Contactors market was valued at US$ 4157.3 million in 2022 and is projected to reach US$ 6382.8 million by 2029, at a CAGR of 6.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Vacuum Contactors market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Vacuum Contactors market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Vacuum Contactors market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
A vacuum contactor is an electrical device that is used for load breaking through the help of a controlled switch. The switch can make or break an electrical circuit with the help of vacuum interrupter contacts. Vacuum interrupting contacts are encapsulated inside a vacuum bottle, which suppresses the arc when there is a voltage surge or spike. Significant applications of vacuum contactors are in (3-phase or 4-phase AC) motors, transformers, and capacitors usually for surge protection and short-circuit prevention.
Vacuum Contactors Market aims to provide a comprehensive presentation of the global market for Vacuum Contactors, 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 Vacuum Contactors. Vacuum Contactors Market contains market size and forecasts of Vacuum Contactors in global, including the following market information:
- Global Vacuum Contactors Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Vacuum Contactors Market Sales, 2018-2023, 2024-2030, (Units)
- Global top five Vacuum Contactors companies in 2022 (%)
Asia-Pacific leads the vacuum contactor market globally with the biggest market share and is expected to grow with a high CAGR among the other regions. This growth is attributed to the growing industrialization and urbanization in the market. There is also a good scope for utilities sector in developed regions like North America and Europe, owing to grid modernization and replacement market for its aging power infrastructure.
We surveyed the Vacuum Contactors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vacuum Contactors Market, by Voltage, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Vacuum Contactors Market Segment Percentages, by Voltage, 2022 (%)
- 5Kv Vacuum Contactors
- 5-10Kv Vacuum Contactors
- 10-15Kv Vacuum Contactors
- 15Kv Vacuum Contactors
- Others
Global Vacuum Contactors Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Vacuum Contactors Market Segment Percentages, by Application, 2022 (%)
- Utilities
- Industrial
- Commercial
- Oil & Gas
- Mining
- Others
Global Vacuum Contactors Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Vacuum Contactors Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Vacuum Contactors revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Vacuum Contactors revenues share in global market, 2022 (%)
- Key companies Vacuum Contactors sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Vacuum Contactors sales share in global market, 2022 (%)
Key players include:
- General Electric
- Siemens
- Toshiba
- ABB
- Mitsubishi Electric
- Schneider Electric
- Eaton Corporation
- Larsen & Toubro
- Rockwell Automation
- Crompton Greaves
- Ls Industrial Systems
- Joslyn Clark
- Ampcontrol Pty
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vacuum Contactors, market overview.
Chapter 2: Global Vacuum Contactors market size in revenue and volume.
Chapter 3: Detailed analysis of Vacuum Contactors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by voltage, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vacuum Contactors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vacuum Contactors capacity by region & country.
Chapter 9: Introduces 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Industry Market Size
