Press release
Global Vacuum Interrupters Market Value,Share,Opportunities And Threats In The Target Market Till 2026.
Vacuum Interrupters Market
Vacuum interrupters are among the core components of medium-voltage switches, in which electrical contacts are sealed in a vacuum. Vacuum interrupters are installed in circuit breakers, switchgears, load break switches, load break switches, reclosers, contactors, tap changers, railway circuit breakers, etc.
The current trend in the target market is integration of renewable energy sources into power grids. This factor is expected to drive growth of the global market to a significant extent over the forecast period.The contactor application segment in the global vacuum interrupters market is estimated to account for revenue share of over 31% in 2017, owing to increasing power consumption and expanding power distribution networks across the globe are major factors expected to drive growth of the combiner application segment.
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The market in Southeast Asia accounted for revenue share of over 8.0% in the global vacuum interrupters market in 2016, and was valued at over US$ 140 Mn. It is projected to reach nearly US$ 255 Mn in 2026, at a CAGR of over 5% between 2016 & 2026.
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