HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: July 2015
Report Code: EP 3621

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Vacuum contactor is an electrically controlled switch that is used to make or break an electrical circuit with the help of vacuum interrupter, relay and fuse. It is mainly found in motor starters, switchgear and control gear of medium voltage fast switching devices. The global vacuum contactor market size is estimated to reach $4,814.6 Million by 2020 from $3,426.8 Million in 2015. The drivers of the vacuum contactor market are influenced by the trends in the process industries, manufacturing industries, commercial and large residential sectors that use HVAC systems.

This market study covers vacuum contactors of various voltage ratings, applications, and end-users for arriving at the global market size from 2013 to 2020. In terms of voltage rating, the vacuum contactor market is segmented into four divisions: less than 5kV, 5-10 kV, 10-15 kV and more than 15kV.

On the basis of application the vacuum contactors market is classified into six segments: motors, transformers, capacitors, reactors, resistive loads and others (such as generators, pumps, variable frequency drives, feeders, power transmitters and switchgears). Motors, transformers and capacitors are the top three applications of this industry that covers more than 65% market share.

On the basis of end-use, the vacuum contactor market is segmented into six sectors: utilities, industrial, commercial, mining, oil & gas and other medium voltage end-users. The other sector includes marine, water & waste water pumping, street lighting and transportation sector.

In terms of region, the vacuum contactor is segmented on the basis of its market presence in the following regions namely North America, South America, Europe, Asia-Pacific and Middle East & Africa. These regions are further classified on the basis of top countries and their end user analyses have been made. Asia-Pacific held the largest market share owing to growth in industrialization and urbanization, followed by Europe and North America.

Vacuum Contactor Market

For this report, the major players in the market have been identified through secondary and primary research, based on which, their market shares have been evaluated. This includes a study of the annual report of top market players and interviews with key opinion leaders such as CEOs, Directors, and Marketing Executives. The key players of this industry are ABB Ltd. (Switzerland), Eaton Corporation (Ireland), Schneider Electric SE (France), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), and Toshiba Corporation (Japan).

The report caters to

  • Vacuum contactor manufacturers, dealers, and suppliers
  • Medium voltage equipment manufacturing companies
  • Switchgear and control-gear manufacturing companies
  • Utilities, commercial, mining and oil & gas industry
  • Process and manufacturing industries

Related reports include switchgear market, smart transformer market, and protective relay market. The report also offers the following customizations:

  • Detailed analysis and profiling of additional market players (Up to 5).
  • Further segmentation and analysis of vacuum contactors based on voltage rating and end users
  • Regional analysis of the market for country specific information

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions & Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Market Opportunities in Global Vacuum Contactor Market
    4.2 Global Vacuum Contactor Market, By Application
    4.3 Asia-Pacific Vacuum Contactor Market Size in 2015
    4.4 China is Expected to Dominate the Market During the Forecast Period
    4.5 Vacuum Contactor Market, By Voltage Rating, 2014
    4.6 Vacuum Contactor Market: Developed vs. Developing Nations
    4.7 Utilities Sector has A Promising Future in Emerging Economies
    4.8 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Advantages of Vacuum Contactors
    5.3 Market Segmentation
           5.3.1 Vacuum Contactor Market: By Voltage Rating
           5.3.2 Vacuum Contactor Market: By Application
           5.3.3 Vacuum Contactor Market: By End-User
           5.3.4 Vacuum Contactor Market: By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Robust Growth in HVAC Systems Worldwide
                    5.4.1.2 Increasing Awareness to Save Electricity By Integrating Power Factor Correction Devices to the Electrical Network
                    5.4.1.3 Development in Public Lighting System
           5.4.2 Restraints
                    5.4.2.1 Risks Associated With Loss of Vacuum in the Vacuum Contactor
           5.4.3 Opportunities
                    5.4.3.1 Implementation in Magnetic Levitation Transportation System
                    5.4.3.2 Vacuum Contactors are More Cost Effective Than Circuit Breakers for Medium Voltage Switching Applications
           5.4.4 Challenges
                    5.4.4.1 Downturn in the Mining Industry
                    5.4.4.2 Low Quality and Cheap Products

6 Industry Trends (Page No. - 48)
    6.1 Introduction
    6.2 Supply Chain Analysis
    6.3 Value Chain Analysis
    6.4 Porterís Five Forces Analysis
           6.4.1 Threat of New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry

7 Vacuum Contactor Market, By Application (Page No. - 54)
    7.1 Introduction
    7.2 Motors
    7.3 Transformers
    7.4 Capacitors
    7.5 Reactors
    7.6 Resistive Loads
    7.7 Other Medium Voltage Equipment

8 Vacuum Contactor Market, By End-User (Page No. - 63)
    8.1 Introduction
    8.2 Utilities Sector
    8.3 Industrial Sector
    8.4 Oil & Gas Sector
    8.5 Commercial Sector
    8.6 Mining Sector
    8.7 Other Sectors

9 Vacuum Contactor Market, By Voltage Rating (Page No. - 71)
    9.1 Introduction
    9.2 Less Than 5kv Voltage Rating
    9.3 From 5kv to 10kv Voltage Rating
    9.4 From 10kv to 15kv Voltage Rating
    9.5 More Than 15kv Voltage Rating

10 Vacuum Contactor Market, By Region (Page No. - 78)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 France
             10.3.2 Germany
             10.3.3 Italy
             10.3.4 U.K.
             10.3.5 Russia
             10.3.6 Other Countries of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 India
             10.4.3 Japan
             10.4.4 Other Countries in the Asia-Pacific Region
     10.5 South America
             10.5.1 Argentina
             10.5.2 Brazil
             10.5.3 Other Countries in South America
     10.6 Middle East & Africa
             10.6.1 Iran
             10.6.2 Saudi Arabia
             10.6.3 South Africa
             10.6.4 Other Countries in the Middle East & African Region
     10.7 Top Six Countries

11 Competitive Landscape (Page No. - 114)
     11.1 Overview
     11.2 Contracts & Agreements, 2011-2015
     11.3 Mergers & Acquisitions, 2011-2015
     11.4 Expansions, 2011-2015
     11.5 Partnerships, 2011-2015
     11.6 Other Developments, 2011-2015

12 Company Profiles (Page No. - 124)
(Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     12.1 Introduction
     12.2 General Electric Company
     12.3 Siemens AG
     12.4 Toshiba Corporation
     12.5 ABB Ltd.
     12.6 Mitsubishi Electric Corporation
     12.7 Schneider Electric Se
     12.8 Eaton Corporation PLC
     12.9 Larsen & Toubro Limited
     12.10 Rockwell Automation, Inc.
     12.11 Crompton Greaves Limited
     12.12 LS Industrial Systems Co., Ltd.
     12.13 Joslyn Clark
     12.14 Ampcontrol Pty Ltd.

*Details on Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 159)
     13.1 Insights of the Industry Experts
     13.2 Discussion Guide
     13.3 Available Customizations
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Related Reports


List of Tables (71 Tables)

Table 1 Advantages of Vacuum Contactors
Table 2 Growth in HVAC Systems is A Primary Driving Force for the Vacuum Contactor Market
Table 3 Risks Associated With Loss of Vacuum is Restraining the Growth of the Vacuum Contactor Market
Table 4 Upcoming Projects Involving Maglev Transportation Systems is an Opportunity for the Vacuum Contactor Market
Table 5 Downturn in Mining Industry is A Major Challenge for the Vacuum Contactor Market
Table 6 Vacuum Contactor Market Size, By Application, 2013-2020 (USD Million)
Table 7 Motors: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 8 Transformers: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 9 Capacitor: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 10 Reactors: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 11 Resistive Loads: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 12 Other Medium Voltage Equipment: Vacuum Contactor Market Size,By Region, 2013-2020 (USD Million)
Table 13 Vacuum Contactor Market Size, By End-User, 2013-2020 (USD Million)
Table 14 Utilities Sector: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 15 Industrial Sector: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 16 Oil & Gas Sector: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 17 Commercial Sector: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 18 Mining Sector: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 19 Other Sectors: Vacuum Contactor Market Size, By Region,2013-2020 (USD Million)
Table 20 Vacuum Contactor Market Size, By Voltage Rating,2013-2020 (USD Million)
Table 21 Less Than 5 Kv Voltage Rating: Vacuum Contactor Market Size,By Region, 2013-2020 (USD Million)
Table 22 From 5kv to 10kv Voltage Rating: Vacuum Contactor Market Size,By Region, 2013-2020 (USD Million)
Table 23 From 10kv to 15kv Voltage Rating: Vacuum Contactor Market Size,By Region, 2013-2020 (USD Million)
Table 24 More Than 15kv Voltage Rating: Vacuum Contactor Market Size,By Region, 2013-2020 (USD Million)
Table 25 Vacuum Contactor Market Size, By Region, 2013-2020 (USD Million)
Table 26 North America: Vacuum Contactor Market Size, By Voltage Rating,2013-2020 (USD Million)
Table 27 North America: Vacuum Contactor Market Size, By Application,2013-2020 (USD Million)
Table 28 North America: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 29 North America: Vacuum Contactor Market Size, By Country,2013-2020 (USD Million)
Table 30 U.S.: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 31 Canada: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 32 Mexico: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 33 Europe: Vacuum Contactor Market Size, By Voltage Rating,2013-2020 (USD Million)
Table 34 Europe: Vacuum Contactor Market Size, By Application,2013-2020 (USD Million)
Table 35 Europe: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 36 Europe: Vacuum Contactor Market Size, By Country,2013-2020 (USD Million)
Table 37 France: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 38 Germany: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 39 Italy: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 40 U.K.: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 41 Russia: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 42 Other Countries of Europe: Vacuum Contactor Market Size,By End-User, 2013-2020 (USD Million)
Table 43 Asia-Pacific: Vacuum Contactor Market Size, By Voltage Rating,2013-2020 (USD Million)
Table 44 Asia-Pacific: Vacuum Contactor Market Size, By Application,2013-2020 (USD Million)
Table 45 Asia-Pacific: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 46 Asia-Pacific: Vacuum Contactor Market Size, By Country,2013-2020 (USD Million)
Table 47 China: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 48 India: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 49 Japan: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 50 Other Countries in Asia-Pacific: Vacuum Contactor Market Size,By End-User, 2013-2020 (USD Million)
Table 51 South America: Vacuum Contactor Market Size, By Voltage Rating,2013-2020 (USD Million)
Table 52 South America: Vacuum Contactor Market Size, By Application,2013-2020 (USD Million)
Table 53 South America: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 54 South America: Vacuum Contactor Market Size, By Country,2013-2020 (USD Million)
Table 55 Argentina: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 56 Brazil: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 57 Other Countries in South America: Vacuum Contactor Market,By End-User, 2013-2020 (USD Million)
Table 58 Middle East & Africa: Vacuum Contactor Market Size, By Voltage Rating, 2013-2020 (USD Million)
Table 59 Middle East & Africa: Vacuum Contactor Market Size, By Application, 2013-2020 (USD Million)
Table 60 Middle East & Africa: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 61 Middle East & Africa: Vacuum Contactor Market Size, By Country,2013-2020 (USD Million)
Table 62 Iran: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 63 Saudi Arabia: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 64 South Africa: Vacuum Contactor Market Size, By End-User,2013-2020 (USD Million)
Table 65 Other Countries in Middle East & Africa: Vacuum Contactor Market,By End-User, 2013-2020 (USD Million)
Table 66 Top Six Countries: Vacuum Contactor Market Size,2013-2020 (USD Million)
Table 67 Contracts & Agreements
Table 68 Mergers & Acquisitions
Table 69 Expansions
Table 70 Partnerships
Table 71 New Product Launches & Joint Ventures
 
 
List of Figures (54 Figures)
 
Figure 1 Vacuum Contactor Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation,& Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Vacuum Contactor Market Snapshot (2015 vs. 2020): Less Than 5kv Voltage Rating Vacuum Contactors are Expected to Capture the Largest Market Share
Figure 7 Utilities Sector Was Estimated to Have the Largest Market for Vacuum Contactors in the End-User Segment in 2014
Figure 8 Asia-Pacific Dominated the Vacuum Contactor Market in 2014
Figure 9 Snapshot: Motor Application Market is Expected to Hold the Largest Market Share During the Forecast Period
Figure 10 Attractive Market Opportunities in the Global Vacuum Contactor Market
Figure 11 Vacuum Contactors Used in Capacitor Switching is Estimated to Grow At the Fastest Pace
Figure 12 Utilities Segment to Capture the Lionís Share
Figure 13 China Commands Over One-Fifth of the Market Share
Figure 14 Vacuum Contactors Below 5kv Voltage Rating is the Most Preferred Segment
Figure 15 Developed Markets to Grow Faster Than Developing Ones
Figure 16 Asia-Pacific Region LED the Global Vacuum Contactor Market Share in 2015
Figure 17 Asia-Pacific Market Soon to Witness an Exponential Growth Phase in the Coming Years
Figure 18 Vacuum Contactor Market Segmentation
Figure 19 Vacuum Contactor Market: By Voltage Rating
Figure 20 Vacuum Contactor Market: By Application
Figure 21 Vacuum Contactor Market: By End-User
Figure 22 Vacuum Contactor Market: By Region
Figure 23 HVAC Systems Growth and Power Factor Correction Devices Demand Will Propel the Market
Figure 24 Supply Chain Analysis: Vacuum Contactor Market
Figure 25 Value Chain Analysis: Vacuum Contactor Market
Figure 26 Porterís Five Forces Analysis: Vacuum Contactor Market
Figure 27 Switching Opeartion of Motors is the Most Preffered Application for Vacuum Contactors Market
Figure 28 Utility Sector is the Fastest Growing Segment in the Global Vacuum Contactor Market
Figure 29 From 10 KV to 15 KV Voltage Rating Range is Estimated to Grow At the Fastest Growth Rate
Figure 30 Regional Snapshot (2014) Ė U.S., Brazil, India and Saudi Arabia are Emerging as New Hot Spots
Figure 31 North America: Regional Snapshot
Figure 32 Asia-Pacific: Regional Snapshot
Figure 33 Market Share of Top Six Countries in 2015
Figure 34 Companies Adopted Various Growth Strategies in the Past Five Years
Figure 35 Battle for Market Share: Contracts & Agreements is the Key Strategy Adopted By the Players, 2011-2015
Figure 36 Market Leaders Based on Recent Developments, 2011-2015
Figure 37 Market Evolution Framework: Contracts & Agreements has LED to the Market Growth, 2011-2015
Figure 38 Geographic Mix of the Top Players
Figure 39 General Electric Company: Company Snapshot
Figure 40 General Electric Company: SWOT Analysis
Figure 41 Siemens AG: Company Snapshot
Figure 42 Siemens AG: SWOT Analysis
Figure 43 Toshiba Corporation: Company Snapshot
Figure 44 Toshiba Corporation: SWOT Analysis
Figure 45 ABB Ltd.: Company Snapshot
Figure 46 ABB Ltd.: SWOT Analysis
Figure 47 Mitsubishi Electric Corporation: Company Snapshot
Figure 48 Mitsubishi Electric Corporation: SWOT Analysis
Figure 49 Schneider Electric Se: Company Snapshot
Figure 50 Eaton Corporation PLC: Company Snapshot
Figure 51 Larsen & Toubro Limited: Company Snapshot
Figure 52 Rockwell Automation, Inc.: Company Snapshot
Figure 53 Crompton Greaves Limited: Company Snapshot
Figure 54 LS Industrial Systems Co., Ltd.: Company Snapshot

Vacuum contactor is an electrically controlled switch that is used to make or break an electrical circuit with the help of vacuum interrupter, relay, and fuse. The drivers of the this market are influenced by the trends in the commercial sector and by the trends in the process and manufacturing industry. Growth in the related as well as complementary markets, such as motors, capacitors, switchgear, and transformer, also contribute towards the growth of vacuum contactors.

The global vacuum contactor market is projected to witness high growth on account of rising energy demand, growing commercial and industrial sector, and increased up-gradation of electrical infrastructure. The market was valued at $3,210 Million globally in 2014 and is projected to grow at a CAGR of 7.04% from 2015 to 2020.

The Asia-Pacific region holds a majority of market share owing to urbanization and significant development in process industries such as paper & pulp, cement, metal processing industries, and growth in manufacturing industries, followed by North America and Europe. In terms of individual countries, the U.S. and China show high growth potential. This growth can be attributed to the increasing demand for reliable power and investments for replacing aging T&D infrastructure in the U.S. and progressive economic growth of China.

Amongst the end-users, utilities sector is estimated to hold the major market share owing to increasing installation of power infrastructure. North American region is currently focussing on grid modernization and replacement of existing power infrastructure. Few countries in Europe are shifting towards renewable sources for power generation that has boosted the vacuum contactor market in the region. Vacuum contactor finds vast application in industrial and commercial sectors as well.

Vacuum Contactor Market

In terms of growth strategies, market players have mainly been forming mergers and acquisitions in order to expand as well as strengthen their market foothold. Contracts & agreements is the most commonly adopted strategy that is followed by mergers & acquisitions, and expansions. This shows a mix of both organic and inorganic growth strategies.

Leading players in the industry, based on their recent developments and other strategic industrial activities, include ABB Ltd. (Switzerland), Eaton Corporation Plc. (Ireland), Mitsubishi Electric Corporation (Japan), Schneider Electric SE (France), and Siemens AG (Germany).

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