Global Vacuum Contactors and Starters Market Growth 2023-2029

Global Vacuum Contactors and Starters Market Growth 2023-2029

The global Vacuum Contactors and Starters market size is projected to grow from US$ 3144.1 million in 2022 to US$ 5251.6 million in 2029; it is expected to grow at a CAGR of 7.6% from 2023 to 2029.

United States market for Vacuum Contactors and Starters is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Vacuum Contactors and Starters is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Vacuum Contactors and Starters is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Vacuum Contactors and Starters players cover ABB, Siemens, Toshiba, Mitsubishi Electric, Schneider Electric, Eaton, L&T Electrical & Automation (E&A), Rockwell Automation and Crompton Greaves, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

A vacuum contactor is a sealed environment where electrical contacts can make or break a connection between a power source and load inside a vacuum bottle. The vacuum provides a safe, clean environment where the arc can be contained and contaminants avoided.

The main function of a vacuum contactor is simply to make and break the connection between the power source and the load. One side of contactor is fixed and the other is movable. Once energized, the generated electromagnetic force pulls the movable contact toward the stationary contact and the spring pulls the contactors apart once de-energized. In a vacuum contactor, this process is contained within a vacuum bottle, which can contain the arc and keep contaminants outside.

LPI (LP Information)' newest research report, the “Vacuum Contactors and Starters Industry Forecast” looks at past sales and reviews total world Vacuum Contactors and Starters sales in 2022, providing a comprehensive analysis by region and market sector of projected Vacuum Contactors and Starters sales for 2023 through 2029. With Vacuum Contactors and Starters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vacuum Contactors and Starters industry.

This Insight Report provides a comprehensive analysis of the global Vacuum Contactors and Starters 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 Vacuum Contactors and Starters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vacuum Contactors and Starters market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vacuum Contactors and Starters 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 Vacuum Contactors and Starters.

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

Market Segmentation:

Segmentation by type
Low-voltage Type
Medium Voltage Type
High voltage Type

Segmentation by application
Public utilities
Petroleum and Chemicals
Mining and Metallurgy
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 analyzing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
Toshiba
Mitsubishi Electric
Schneider Electric
Eaton
L&T Electrical & Automation (E&A)
Rockwell Automation
Crompton Greaves
Lsis
Joslyn Clark
Fuji Electric
AEG
Chint Group
Xiamen Huadian Switchgear
LAZZEN
GGEC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vacuum Contactors and Starters market?

What factors are driving Vacuum Contactors and Starters market growth, globally and by region?

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

How do Vacuum Contactors and Starters market opportunities vary by end market size?

How does Vacuum Contactors and Starters break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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