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.
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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.
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