Press release
Vacuum Contactors Market GROWTH |TRENDS |COVID-19 IMPACT 2022-2028| General Electric,Siemens,Toshiba,ABB
The "Vacuum Contactors Market" report describes in detail the demand and consumption of various products/services related to the market growth dynamics during the forecast period of 2022-2028. A detailed market assessment of the various opportunities in the market segment is expressed in terms of quantity. These are discussed in many sections, including constraints, challenges and opportunities, regional breakdown, and opportunity assessment. This global Vacuum Contactors Market report guarantees rich data on various market opportunities. The research report covers key gaming enthusiasts within the industry, CAGR value, market drivers, restraints, and international competitive strategies from the region. The report includes strong research from expert analysts.The global Vacuum Contactors Market is expected to grow with a CAGR greater than 7.3% during the forecast period of 2022-2028.
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Market Overview:
Vacuum Contactors is a switching cumm protection device that consists of moving and fixed contacts sealed in a vacuum chamber, relay, and fuse units that are found in a large range of applications across various end-user sectors such as mining, utilities, industrial, etc. The annual global exports for switchgear and protection components accounted for $28.9 billion in 2016 and thus this indicates a healthy demand for vacuum contactors across all the end-user segments particularly the utility sector covering public transportation, power distribution, and street lighting is witnessing tremendous growth.
The major companies operating in the global Vacuum Contactors Market outlined in the report are:
General Electric,Siemens,Toshiba,ABB,Mitsubishi Electric,Schneider Electric,Eaton Corporation,Larsen & Toubro,Rockwell Automation,Crompton Greaves,Ls Industrial Systems,Joslyn Clark,Ampcontrol Pty
Recent Development:
Toshiba has acquired 7 companies. A total of 4 acquisitions came from private equity firms. It has also divested 6 assets. Toshiba's largest acquisition to date was in 2011 when it acquired Landis+Gyr AG for $2.3B. Its largest disclosed sale occurred in 2017 when it sold Kioxia Holdings to Bain Capital Private Equity for $18.0B. Toshiba has acquired in 4 countries. The Company's most targeted sectors include electrical equipment (40%) and semiconductors (40%).
Siemens has acquired 55 companies, including 17 in the last 5 years. A total of 19 acquisitions came from private equity firms. It has also divested 23 assets. Siemens' largest acquisition to date was in 2015 when it acquired Dresser-Rand Group for $7.8B. Its largest disclosed sale occurred in 2014 when it sold Sivantos Group to EQT Holdings AB for $2.4B. Siemens has acquired in 12 different US states, and 12 countries. The Company's most targeted sectors include software (45%) and information technology (9%).
Market Segmentation by Type:
5Kv Vacuum Contactors
5-10Kv Vacuum Contactors
10-15Kv Vacuum Contactors
15Kv Vacuum Contactors
Others
Market Segmentation by Application:
Utilities
Industrial
Commercial
Oil & Gas
Mining
Others
The study objectives of this report are:
- To study and analyze the global Vacuum Contactors market size (value and volume) by the company, key regions/countries, products and applications, history data from 2016 to 2021, and forecast to 2028.
- To understand the structure of Vacuum Contactors by identifying its various sub-segments.
- To share detailed information about the key factors manipulating the growth of the market (growth
potential, opportunities, drivers, industry-specific challenges, and risks).
- To analyze the report with respect to individual growth trends, future prospects, and their contribution to the total market.
- To analyze modest developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Explore Full Report with Detailed TOC Here:
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Regions Are covered by Global Vacuum Contactors Market:
For a comprehensive understanding of market dynamics, the Global Vacuum Contactors Market is analyzed across key geographies namely:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, and Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
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Scope of The Report:
- The report analyses Vacuum Contactors By Type Segment.
- The report assesses the Vacuum Contactors By End Users.
- The Global Vacuum Contactors have been analyzed by Region
- The key insights of the report have been presented through the frameworks of SWOT, and Market Attractiveness charts.
- The attractiveness of the market has been presented by Region, Type, and End User. Additionally, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.
- The report provides a detailed pipeline analysis developed to cure the problem of Vacuum Contactors.
- The report tracks competitive developments, strategies, mergers, and acquisitions, and new product development.
-To take advantage of business owners, tap hard at Vacuum Contactors' research to get a thorough understanding of current momentum.
- The report presents the analysis of Vacuum Contactors for the historical period of 2016-2021 and the forecast period of 2022-2028.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
Customizable: The Global Vacuum Contactors Market
The Global Vacuum Contactors Market report may be modified to meet your specific business needs. Because we understand our clients' needs, we offer 25% customization to any of our reports without adding additional value to all of our clients.
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