What is Vacuum Contactors Market Scope?
Vacuum Contactors are the device which has an electrical property and this electrical device is used as load breaking with the help of a controlled switch. This switch can help in making or breaking an electrical circuit with the help of vacuum interrupter contacts. These interrupting contacts are compressed inside a vacuum bottle, which helps in suppressing the arc whenever there is an issue related to the voltage surge or spike. Important applications of these contactors are in (3-phase or 4-phase AC) motors, transformers, and capacitors which are usually used for rush protection and short-circuit avoidance. Moreover, technological improvement done in the field of application, such as capacitors and transformers, has encouraged the vendors to progress the operational function of vacuum contactors in order to develop the performance of the contactors in electricity systems.
The Vacuum Contactors market study is being classified by Type (AC Contactor, Reversing AC Contactor, Special Purpose AC Contactor, Latched Contactor and CV Contactor), by Application (Motors, Transformers, Capacitors, Reactors, Resistive Loads and Other Medium Voltage Equipment) and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from Global will contribute to the maximum growth of Global Vacuum Contactors market throughout the predicted period.
Siemens AG (Germany)., ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Eaton Corporation Plc. (Ireland), General Electric (US), Toshiba Corporation (Japan), Schneider Electric SE (France), Larsen & Toubro (India), Rockwell Automation (US) and Crompton Greaves (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Ampcontrol (Australia), LS Industrial Systems (South Korea) and Ross Engineering (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Vacuum Contactors market by Type, Application and Region.
On the basis of geography, the market of Vacuum Contactors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Adoption of HVAC Systems Worldwide
- Technological Development for Increasing Efficacy of Motors
Market Drivers
- Increasing Replacement of Air Break Contacts with Vacuum Contactors
- Increasing Application of Motors Starters and Switching Devices in Process Industries
- Need For Enhancing Productivity and Efficiency of Equipment in Industries
Opportunities
- Implementation in Magnetic Levitation Transportation System
- Vacuum Contactors Are More Cost Effective than Circuit Breakers for Medium Voltage Switching Applications
Restraints
- Risks Associated With Loss of Vacuum in the Vacuum Contactor
- High Cost for Raw Material of Vacuum Contactors
Challenges
- Issue Related With the Low Quality and Cheap Products
- Downturn in Mining Industry
Key Target Audience
Vacuum Contactors Manufactures, Vacuum Contactors Distributors, Raw Material Suppliers, End-Users and Others
Customization available in this Study:
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