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The contactors market is forecasted to grow by USD 339.3 million during 2023-2028, accelerating at a CAGR of 7.08% during the forecast period. The report on the contactors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for motor protection devices, stringent government regulations to promote energy conservation, and proliferation of smart grids and automation technologies.
The contactors market is segmented as below:
By Type
- AC contactors
- DC contactors
By End-user
- Residential
- Commercial
- Industrial
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the contactors market covers the following areas:
- Contactors market sizing
- Contactors market forecast
- Contactors market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global contactors market: ABB Ltd., AMETEK Inc., Danfoss AS, Eaton Corp. Plc, Furukawa Electric Co. Ltd., HIMEL HONG KONG LTD., Hubbell Inc., ISKRA elektro in sistemske resitve d.o.o, Kohler Co., Kunshan GuoLi Electronic Technology Co. Ltd., Legrand SA, LOVATO Electric Spa, LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., Rockwell Automation Inc., Sassin International Electric Shanghai Co. Ltd., Schaltbau Holding AG, Schneider Electric SE, Siemens AG, and Zhejiang CHINT Electrics Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of miniature and auxiliary contactors."
According to the report, one of the major drivers for this market is the growing demand for motor protection devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- AMETEK Inc.
- Danfoss AS
- Eaton Corp. Plc
- Furukawa Electric Co. Ltd.
- HIMEL HONG KONG LTD.
- Hubbell Inc.
- ISKRA elektro in sistemske resitve d.o.o
- Kohler Co.
- Kunshan GuoLi Electronic Technology Co. Ltd.
- Legrand SA
- LOVATO Electric Spa
- LS ELECTRIC Co. Ltd.
- Mitsubishi Electric Corp.
- Rockwell Automation Inc.
- Sassin International Electric Shanghai Co. Ltd.
- Schaltbau Holding AG
- Schneider Electric SE
- Siemens AG
- Zhejiang CHINT Electrics Co. Ltd.
