In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Low-Voltage Contactor market for 2018-2023.
Low-voltage Contactor is an electrically controlled switch used for switching an electrical power circuit, similar to a relay except with higher current ratings. A contactor is controlled by a circuit which has a much lower power level than the switched circuit.
The Low-voltage Contactor industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and EU.
Global giant manufactures mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as ABB and Eaton have relative higher level of product’s quality. As to Germany, SCHALTBAU GMBH has become as a global leader.
The key consumption markets locate at developed countries. The United States takes the market share of 33%, followed by EU with 25%, and China market take a market share of 17.7% in 2015
Over the next five years, LPI(LP Information) projects that Low-Voltage Contactor will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Low-Voltage Contactor market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Low-Voltage Contactor consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Low-Voltage Contactor market by identifying its various subsegments.
Focuses on the key global Low-Voltage Contactor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Low-Voltage Contactor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Low-Voltage Contactor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive 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.