"Actionable Insights to Fuel Your Growth"

Vacuum Contactor Market Size, Share & Industry Analysis, By Voltage (Upto 5kV, 5-10kV,10-15kV, Above 15kV), By Application (Motor,Transformer,Capacitor, Reactor, Resistive Loads, Other), By End-Users (Commercial, Industrial, Utility, Others) and Regional Forecast, 2021-2028

Region : Global | Report ID: FBI101759 | Status : Ongoing

 

KEY MARKET INSIGHTS

Electricity is one of the primary demands of humans on earth. Along with the reliable and stable operation of the electrical, safety of electrical infrastructure is critical. A contactor is an electrically-controlled switch used for switching an electrical power circuit. Contactors are used to control electric motors, lighting, heating, capacitor banks, thermal evaporators, and other electrical loads.   


On the basis of application, the vacuum contactor is segmented in motor, transformer, capacitor, reactor, resistive loads, etc. Based on voltage, the vacuum contactor market is segmented into up to 5kV, 5-10kV, 10-15kV and above 15kV. A vacuum contactor is most preferred for switchgear applications due to their superior arc quenching. On the basis of application, the vacuum contactor market is segmented in utility, commercial and industrial. The utility sector uses the vacuum contactor on large scale in substations and distribution centers.   


Key Market Driver -

Key Market Driver – Demand for technologically advanced contactors

Key Market Restraint -

Key Market Restraint – Rising prices of raw material

         


The major market driver for the global vacuum contactor market is the increasing demand for technologically advanced contactors. Vacuum contactors utilize vacuum bottle encapsulated contacts to suppress the arc. This arc suppression allows the contacts to be much smaller and use less space than air break contacts at higher currents.


The key market restraint for the global vacuum contactor is the rising prices of raw material. The slow modernization of existing electrical infrastructure has an adverse impact on vacuum contactor market. The availability of alternative technology has also affected the vacuum contactor market negatively.


Key Players Covered:


Some of the major companies that are present in the vacuum contactor market are ABB, Siemens, Joslyn Clark Controls, Toshiba International Corporation, Rockwell Automation, Eaton, Electron Tubes, Larsen & Toubro Limited, Mitsubishi Electric Corporation, Kunshan GuoLi Electronic Technology Co., Ltd., Yueqing Liyond Electric Co., Ltd., and Schrack Technik Group.


Regional Analysis:


The demand for a vacuum contactor is dominated by the Asia-Pacific followed by North America, Europe, Middle-East and Africa, and Latin America. Increase in manufacturing activity and electrification initiatives in Asian countries like India, Bangladesh, Vietnam is a major driver for vacuum contactor market. The high growth in the number of manufacturing and industrial units has boosted demand for vacuum contactors. Industrial sectors such as food & beverages, metal & mining, chemicals & petrochemicals, etc. use vacuum contactor for switching purposes. The increase in railways, metros, bullet trains, IT hubs, commercial centers, etc. requires the use of vacuum contactors, which can be installed in low volume and area. Rapid urbanization has increased demand for vacuum contactor in the sub-stations. A vacuum contactor is extensively used in railways and metros.


To gain extensive insights into the market, Request for Customization


Growing railway and metro network has boosted the vacuum contactor market. The increase in number of power generation plants and transmission infrastructure has also increased sales of vacuum contactors. The African continent will have the most enormous potential out of the five regions. Electrification of the African continent in the near future will fuel demand for vacuum contactors in upcoming decades. The integration of renewable energy in the electrical grid in developed countries and developing countries has increased investment in electrical power system and boost the vacuum contactor market. Automation and modernization of electrical infrastructure in the North American and European regions will stimulate demand of vacuum contactor.     


Segmentation


























 ATTRIBUTE


 DETAILS

By Voltage




  • Upto 5kV

  • 5-10kV

  • 10-15kV

  • Above 15kV



By Application




  • Motor

  • Transformer

  • Capacitor

  • Reactor

  • Resistive Loads

  • Other



By End-Users




  • Commercial

  • Industrial

  • Utility

  • Others



By Geography




  • North America (USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)



Key Industry Developments



  • In August 2019, Schaltbau CT1130/08 contactors are being fitted in the traction system and replace legacy parts from the vehicle originally built by Metro Cammell for the Tyne and Wear Metro in the UK. They have a switching capacity of 3kV and 800A either AC or fully bidirectional DC.  

  • In February 2018, Schneider Electric launched EasyPact TVS motor starters which EasyPact TVS motor starters.      


Vacuum Contactor Market  Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

Itochu
Hitachi
Nikon
UL
Abb

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X