Press release
Global DC Contactors Market Driven by Rapid Urbanization in Developing Economies
QYResearchReports
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According to the report, the global DC contactor market is expected to rise to US$484.8 mn by 2022, exhibiting a robust 13.59% CAGR from 2017 to 2022. The market was valued at US$256.3 mn in 2017.
DC contactors are a vital part of the electrical and electronics sector and their market is thus dependent to a large extent on the rising demand for electrical fittings in emerging economies. Developing economies in Southeast Asia and Latin America have witnessed robust urbanization drives in recent years, which has been a prime contributor to the demand from the global DC contactor market. The rising number of residential as well as commercial establishments in emerging economies is likely to be a key demand driver for the DC contactor market. The increasing use of smart home technology and other electrical systems among real estate buyers in developing countries is also likely to contribute to the growth of the global DC contactor market in the coming years.
Apart from China, India, Japan, and Southeast Asia, the performance of the DC contactor market in North America and Europe is also studied in the report.
By product type, the global DC contactor market is segmented into general purpose and definite purpose DC contactors. To gain a clear understanding of the breakdown of the DC contactor market by application, the report reviews the performance of DC contactors in motor applications, power switching, and others.
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The report provides 2012-2017 statistics for each key segment of the global DC contactors market in order to shed light on the development patterns exhibited by the market. Latest figures illustrating the performance of the DC contactors market are provided in detail in the report in order to provide a granular picture of the market’s latest conditions. This provides the base for reliable predictions regarding the DC contactor market’s growth till 2022.
Leading players in the global DC contactors market are profiled in the report to provide a clear picture of the competitive dynamics of the market. Key companies examined in the report include Zhejiang Dongya Electronic, ABB, Eaton, Siemens, Rockwell Automation, AMETEK, Trombetta, Curtis Instruments, and Mitsubishi Electric Corporation.
List of Tables and Figures
Figure Picture of DC Contactor1
Table Product Specifications of DC Contactor1
Figure Global Production Market Share of DC Contactor by Types in 20164
Table Classification of DC Contactor4
Figure General Purpose DC Contactors Picture5
Table Major Manufacturers of General Purpose DC Contactors5
Figure Definite-Purpose DC Contactors Picture6
Table Major Manufacturers of Definite-Purpose DC Contactors6
Figure DC Contactor Consumption Market Share by Applications in 20167
Table Application of DC Contactor7
Figure Motor Application Examples8
Figure Power Switching Examples8
Table 2012-2022F North America DC Contactor Market Size by Revenue (Million USD) and Growth Rate9
Table 2012-2022F North America DC Contactor Market Size by Volume (K Units) and Growth Rate10
Table 2012-2022F China DC Contactor Market Size by Revenue (Million USD) and Growth Rate10
Table 2012-2022F China DC Contactor Market Size by Volume (K Units) and Growth Rate11
Table 2012-2022F Europe DC Contactor Market Size by Revenue (Million USD) and Growth Rate11
Table 2012-2022F Europe DC Contactor Market Size by Volume (K Units) and Growth Rate12
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QYReseachReports.com delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYReseachReports.com feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.
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