Vacuum Interrupter Market Report 2025

The vacuum interrupter market size has grown strongly in recent years. It will grow from $2.8 billion in 2024 to $2.96 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to electrification and industrialization, growth in renewable energy projects, increasing demand for energy-efficient devices, modernization of power grids, growth in urbanization and infrastructure.

The vacuum interrupter market size is expected to see strong growth in the next few years. It will grow to $3.77 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increasing demand for smart grid solutions, demand for compact and lightweight components, electrification of transportation, investments in energy storage systems, increasing demand for medium voltage applications, evolving grid management solutions, development of next-generation electronics, focus on electromobility infrastructure. Major trends in the forecast period include research and development in vacuum technology, eco-friendly insulation materials, advancements in material technology, smart grid communication integration, globalization of energy infrastructure, digitalization and IoT integration, market expansion in developing regions.

The growth of the vacuum interrupter market is anticipated to be driven by the rising rates of urbanization and industrialization. Industrialization refers to the transformation of a society into an industrial one, while urbanization is the migration of the rural population to urban areas. This increasing urbanization and industrialization necessitate substantial electrical supply, which in turn demands a significant quantity of vacuum interrupters for current interruption, fault protection, overcurrent and short-circuit protection, as well as repetitive switching requirements. For example, data published by the World Bank in October 2023 indicated that approximately 4.4 billion people, or 56% of the global population, currently live in cities. By 2050, it is projected that around 70% of people will reside in urban areas, with the urban population expected to more than double from its present level. Consequently, the rising rates of urbanization and industrialization are set to fuel the growth of the vacuum interrupter market in the years ahead.

The expanding electric vehicle market is anticipated to drive the growth of the vacuum interrupter market in the future. An electric vehicle is a type of automobile powered by electricity, usually through one or more electric motors, as opposed to an internal combustion engine that depends on gasoline or diesel fuel. Vacuum interrupters play a vital role in electric vehicles (EVs) by being a key component of the charging infrastructure. They provide reliable circuit interruption and protection, ensuring the safe and efficient transfer of electrical power during the charging process. For example, data from the European Environment Agency, a Denmark-based government agency, indicated that the number of battery electric cars registered in Europe reached 1,126,682 in 2022, representing a 28.35% increase from the 878,092 cars registered in 2021. Additionally, non-plug-in hybrid electric cars accounted for 19% of new registrations in 2021, a rise of 7% from 2020. Therefore, the growing electric vehicle market is contributing to the growth of the vacuum interrupter market.

Product innovation is a significant trend gaining traction in the vacuum interrupter market. Leading market players are creating innovative products with optimized performance to maintain their positions within the vacuum interrupter industry. For example, in December 2022, Vacuum Interrupters Ltd., a UK-based industrial vacuum equipment company, introduced the RVI-167835A00 replacement vacuum interrupter. This replacement unit, featuring a 3000 A RMS-rated current, a maximum voltage of 15 kV RMS, a peak impulse withstand of 95 kV, and a 50 KA RMS-rated capacity, is designed for direct fit-and-function. It aligns with original equipment ratings and is specifically intended for the ABB Advac and VHK-R vacuum circuit breakers.

Key companies in the vacuum interrupter market are increasingly focusing on introducing advanced high-voltage electrical solutions to secure a competitive advantage. High-voltage electrical solutions encompass technologies and equipment designed to manage and distribute electrical power at elevated voltage levels. For instance, in October 2022, Mitsubishi Electric Power Products Inc., a US-based industrial vacuum equipment company, launched a 72 kV vacuum circuit breaker. This circuit breaker leverages Mitsubishi Electric's 65 years of experience in vacuum interrupter technology and provides customers with a cost-effective, environmentally friendly option with zero global warming potential compared to SF6 gas and other gas-insulating mediums. The product operates within a temperature range of -33°C to 50°C, eliminating the need for tank heaters in colder environments. It features a continuous current rating of 2000A and a short-circuit current rating of 31.5kA. Additionally, the circuit breaker complies with all relevant ANSI, IEEE, and IEC certification standards and is equipped with Mitsubishi Electric Vacuum Interrupters.

In September 2022, ABB, a Switzerland-based company involved in utility, industry, transportation, and infrastructure, acquired PowerTech Converter for an undisclosed sum. This acquisition will enhance ABB's position in the rail segment and better enable the company to take advantage of growth opportunities arising from increasing industry demand for sustainable transportation solutions. PowerTech Converter is a German company specializing in power supply systems.

Major companies operating in the vacuum interrupter market are ABB Ltd., Eaton Corporation PLC, Shaanxi Baoguang Vacuum Electric Device Co. Ltd., Meidensha Corporation, Mitsubishi Electric Corporation, Toshiba Corporation, ACTOM (Pty) Ltd., Wuhan Feite Electric Company Limited, Chengdu Xuguang Electronics Co. Ltd., Siemens Aktiengesellschaft, LS ELECTRIC Corp., Shaanxi Joyelectric International Co. Ltd., General Electric Company, Schneider Electric SE, Pennsylvania Breaker LLC, G&W Electric Company, Shanxi Baoguang Vacuum Electric Device Co. Ltd., Zhejiang Xuhong Vacuum Electric Appliance Co. Ltd., Yuguang Group Co. Ltd., Zhenhua Shuangfei Electric Co. Ltd., Zhenhua Xinye Electric Co. Ltd.

Asia-Pacific was the largest region in the vacuum interrupter market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the vacuum interrupter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vacuum interrupter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A vacuum interrupter is a technology utilized for various purposes including repetitive switching, interrupting motor inrush currents, and providing protection against faults, overcurrents, and short-circuits. It consists of a vacuum-tight enclosure housing a pair of contacts that can be separated.

Vacuum interrupters are available in different product types categorized by voltage levels such as 0-15 kV (kilovolts), 15-30 kV (kilovolts), and those exceeding 30 kV (kilovolts). The 0-15 kV voltage category is specifically designed for medium-voltage applications within metal-clad switchgear systems. These interrupters employ different contact structures such as flat contacts, spiral contacts, and axial magnetic or field contacts. They find usage across various industries including utilities, oil and gas, mining, transportation, among others. Vacuum interrupters serve multiple purposes in applications like circuit breakers, contactors, reclosers, load break switches, tap changers, and more.

The vacuum interrupter market research report is one of a series of new reports that provides vacuum interrupter market statistics, including vacuum interrupter industry global market size, regional shares, competitors with a vacuum interrupter market share, detailed vacuum interrupter market segments, market trends and opportunities, and any further data you may need to thrive in the vacuum interrupter industry. This vacuum interrupter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The vacuum interrupter market consists of sales of vacuum circuit breaker (VCB) top, vacuum circuit breaker (VCB) V4/6 type, vacuum circuit breaker (VCB) VHB type, and VK type. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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