Contactors Market Expected to Grow at a CAGR of 7.53% till 2023 by Players - Siemens, Crompton Greaves Ltd., Rockwell Automation, Schneider Electric, Mitsubishi Electric Corp, L&T Electrical & Automation, Toshiba and Eaton

The constant need for electricity, the growing need for efficient and effective load management and the need of renewable energy to be connected to the grid will aid in the growth of the Contactors Market over the forecast period. However, the high cost of contactors and high level of intricacy involved in the design for module level protection will restrain the Contactors Market Globally.

Contactors are electrical controlled switch used for switching an electrical power circuit with higher current ratings. Growing application of medium voltage contactors in industries where it is well suited for heavy duty applications and harsh environment including metals & mining industry, chemicals & petrochemicals industry and others. Medium voltage Contractors are majorly used in applications that have larger current requirements and high operations counts. Medium voltage contractors are compact, electrically maintained and used to efficiently protect and control motors, transformers and breakers for many different applications.

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Key Players:

The key players of Global Contactors Market are ABB Group (Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Crompton Greaves Ltd. (India), Rockwell Automation (USA), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), L&T Electrical & Automation (India), Toshiba Corporation (Japan) and Eaton Corporation PLC (Ireland).

Segmental Analysis

The segmental analysis of the Contactors market has been carried out the basis of voltage, end user and region

On the basis of voltage, the global contactors market is segmented into medium voltage and low voltage.

By end-user, the market is segmented into building & construction industry, chemicals & petrochemicals industry, foods & beverages industry, metals & mining industry and other industries.

By regions, the contactors market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Intended Audience:

• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Contactors Market, By Voltage

4.1 Introduction

4.2 Medium Voltage

4.3 Low Voltage

5 Global Contactors Market, By End-User

5.1 Introduction

5.2 Building & Construction Industry

5.3 Chemicals & Petrochemicals Industry

5.4 Foods & Beverages Industry

5.5 Metals & Mining Industry

5.6 Other Industries

Continued……

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LIST OF TABLES:

Table 1 Global Contactors Market, By Voltage

Table 2 Global Contactors Market, By End-User

Table 3 Global Contactors Market, By Regions

Table 4 North America Contactors Market, By Voltage

Table 5 North America Contactors Market, By End-User

Table 6 U.S. Contactors Market, By Voltage

Table 7 U.S. Contactors Market, By End-User

Table 8 Canada Contactors Market, By Voltage

Table 9 Canada Contactors Market, By End-User

Table 10 Europe Contactors Market, By Voltage

Table 11 Europe Contactors Market, By End-User

Table 12 Germany Contactors Market, By Voltage

Continued…….

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