Global Electromagnetic Contactor Market Growth 2025-2031

Global Electromagnetic Contactor Market Growth 2025-2031

The global Electromagnetic Contactor market size is predicted to grow from US$ 2934 million in 2025 to US$ 4357 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.

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 contactor's 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.

Global Electromagnetic Contactor key players include Schneider Electric, ABB, Siemens, Eaton, LS ELECTRIC, etc. The top five manufacturers hold a share of 53%. Asia-Pacific is the largest market, with a share about 67%, followed by Europe and North America, with share 16% and 13%, separately. In terms of product type, DC Contactors is the largest segment, with a share of 71%. And in terms of application, the largest application is Industrial Electric Motors, with a share of 63%.

LP Information, Inc. (LPI) ' newest research report, the “Electromagnetic Contactor Industry Forecast” looks at past sales and reviews total world Electromagnetic Contactor sales in 2024, providing a comprehensive analysis by region and market sector of projected Electromagnetic Contactor sales for 2025 through 2031. With Electromagnetic Contactor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electromagnetic Contactor industry.

This Insight Report provides a comprehensive analysis of the global Electromagnetic Contactor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electromagnetic Contactor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electromagnetic Contactor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electromagnetic Contactor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electromagnetic Contactor.

This report presents a comprehensive overview, market shares, and growth opportunities of Electromagnetic Contactor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
AC Contactors
DC Contactors

Segmentation by Application:
Industrial Electric Motors
Lighting Automation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Schneider Electric
ABB
Siemens
Eaton
LS ELECTRIC
Mitsubishi
CHINT Group
Tengen Group
Tianshui 213 Electrical
Fuji Electric
Delixi Electric
Nader

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electromagnetic Contactor market?

What factors are driving Electromagnetic Contactor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electromagnetic Contactor market opportunities vary by end market size?

How does Electromagnetic Contactor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.