Global Low-Voltage Contactor Market Growth 2019-2024

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

According to this study, over the next five years the Low-Voltage Contactor market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Low-Voltage Contactor business, shared in Chapter 3.

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 and countries.

This study considers the Low-Voltage Contactor value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
AC Contactor
DC Contactor
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Motor Application
Power Switching
Other Applications

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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: Breakdown data in in Chapter 3.
Rockwell
Eaton
ABB
Schneider Electric
Mitsubishi Electric
ETI Group
Siemens
Joslyn Clark
Toshiba
ZEZ SILKO

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.

Research objectives
To study and analyze the global Low-Voltage Contactor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
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.