Electromagnetic Contactor Market

Electromagnetic Contactor or magnetic contactor is an electromagnetic type contactor and it can operate automatically. When electricity flows through the magnetic contactor, it causes the electromagnet to generate a strong magnetic field. This field pulls the iron core into the coil, and creates an electrical arc. Electricity passes in through one contact and into the contactors parent device in this manner. To deactivate, the contactor can be physically pulled from the parent device. Also, in the absence of electrical current, the spring pushes the core away from the coil, breaking the connection.

Electromagnetic Contactor Market contains market size and forecasts of Electromagnetic Contactor in global, including the following market information:

Global Electromagnetic Contactor Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Electromagnetic Contactor Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five Electromagnetic Contactor companies in 2021 (%)

The global Electromagnetic Contactor market was valued at 2692.8 million in 2021 and is projected to reach US$ 4213 million by 2028, at a CAGR of 6.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

AC Contactors Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Electromagnetic Contactor include Schneider Electric, ABB, Siemens, Eaton, CHINT Group, Fuji Electric, Delixi Electric, LS ELECTRIC and Mitsubishi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Electromagnetic Contactor 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 Electromagnetic Contactor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Electromagnetic Contactor Market Segment Percentages, by Type, 2021 (%)

• AC Contactors
• DC Contactors

Global Electromagnetic Contactor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Electromagnetic Contactor Market Segment Percentages, by Application, 2021 (%)

• Industrial Electric Motors
• Lighting Automation

Global Electromagnetic Contactor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Electromagnetic Contactor Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Electromagnetic Contactor revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Electromagnetic Contactor revenues share in global market, 2021 (%)
• Key companies Electromagnetic Contactor sales in global market, 2017-2022 (Estimated), (M Units)
• Key companies Electromagnetic Contactor sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Schneider Electric
• ABB
• Siemens
• Eaton
• CHINT Group
• Fuji Electric
• Delixi Electric
• LS ELECTRIC
• Mitsubishi
• Tengen Group
• Tianshui 213 Electrical
• Nader