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Vacuum Contactor Market worth 4.8 Billion USD by 2020

Vacuum contactor is an electrically controlled switch that is used to make or break an electrical circuit with the help of vacuum interrupter, relay, and fuse. The drivers of the this market are influenced by the trends in the commercial sector and by the trends in the process and manufacturing industry. Growth in the related as well as complementary markets, such as motors, capacitors, switchgear, and transformer, also contribute towards the growth of vacuum contactors.<br><br>The global vacuum contactor market is projected to witness high growth on account of rising energy demand, growing commercial and industrial sector, and increased up-gradation of electrical infrastructure. The market was valued at $3,210 Million globally in 2014 and is projected to grow at a CAGR of 7.04% from 2015 to 2020.

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Vacuum Contactor Market worth 4.8 Billion USD by 2020

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  1. Vacuum Contactor Market worth 4.8 Billion USD by 2020 The report "Vacuum Contactor Market by Voltage (<5kV, 5-10kV, 10-15kV, >15kV), by Application (Motors, Transformers, Capacitors, Reactors, Resistive Loads), by End-user (Utilities, Industrial, Commercial, Oil & Gas, Mining) & Region - Global Trends & Forecasts to 2020",The global vacuum contactor market will grow from an estimated value of USD 3.43 Billion in 2015 to USD 4.81 Billion by 2020 with a CAGR of 7.04% from 2015 to 2020. The market study on vacuum contactor defines and segments the market with regional forecast and segment revenue estimates through to 2020. Top market players from the industry segment have been studied in order to track developments, technologies, and other key business strategies that define the vacuum contactor market environment. The vacuum contactors are used for those applications that require low to moderate continuous load current, very frequent switching operations, and very high endurance. Sample Request: http://www.marketsandmarkets.com/requestsample.asp?id=122809245 Asia-Pacific: The largest market for vacuum contactors The Asia-Pacific region holds the largest market for vacuum contactor, driven largely by the number of transmission and distribution line upgradations and developments especially in the South East Asian region. The other major drivers include increasing power demand, industrialization and urbanization, and rapid development in the commercial sector in countries such as China, India, Japan, and South Korea. Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=122809245

  2. Scope of the Report Vacuum contactors are mostly used in power plants, transmission, and distribution substations of power utility companies. They are used for blowers, water pumping, conveyors, capacitor switching, and other power switching applications. With the growing transmission and distribution network across globe, the number of substations will keep on increasing. This increasing number of substations would further increase the use and demand of vacuum contactors. Leading players in this market The vacuum contactor industry is fragmented and offers several opportunities for consolidation and growth in efficiency through an increase in economies of scale. The industry has low entry and exit barriers, which acts as a driver for the vacuum contactor market. Top players of the vacuum contactor market are ABB Ltd. (Switzerland), Eaton Corporation Plc. (Ireland), Schneider Electric SE (France), Mitsubishi Electric Corporation (Japan), and Siemens AG (Germany). Download Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=122809245 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Email: sales@marketsandmarkets.com

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