Market Overview:
The global electrical contacts and contact materials market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for low-voltage, medium and high-voltage, and light load products. In addition, the growing adoption of electric vehicles is also contributing to the growth of the market. The silver-based composite electrical contacts and contact materials segment is expected to dominate the global electrical contacts and contact materials market in terms of revenue in 2018. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 owing to its properties such as high conductivity, thermal stability, corrosion resistance, and low wear rate.
Product Definition:
Electrical Contacts and Contacts Materials are the metal parts in an electrical circuit that make contact with each other to complete the circuit. They are important because they allow electricity to flow through a circuit.
Silver-based Composite Electrical Contacts and Contact Materials:
The global silver-based composite electrical contacts and contact materials market size was valued at USD 5.0 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period on account of rising demand for energy-efficient products across various applications such as consumer electronics, automotive, and industrial equipment among others. The growing popularity of green products owing to increasing awareness regarding environmental protection is also anticipated to drive growth over the coming years.
Copper-based Composite Electrical Contacts and Contact Materials:
Copper-based composite electrical contacts and contact materials are made of copper and plastic. They have a high resistance to corrosion, provide mechanical strength to the assembly, and can be easily soldered. These properties make them suitable for applications such as printed circuit boards (PCB), mobile phones & tablet PCs, connectors & sockets used in household appliances like refrigerators & washing machines.
Application Insights:
The low-voltage electrical contacts and contact materials application segment dominated the global market in 2017. This is attributed to the growing demand for products from various end-use industries such as consumer electronics, telecommunication, and medical equipment. The growth of these end-use industries is driven by increasing disposable income levels coupled with a growing population globally.
The medium voltage application segment accounted for over 20% of the total revenue share in 2017 owing to rising demand from industrial applications such as power distribution systems and traction lines among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to a rise in manufacturing activities across various industries, such as automotive and electronics. In addition, rising disposable income levels are anticipated to fuel demand for consumer electronics products, thereby driving copper-based electrical contacts and contact materials consumption in Asia Pacific.
Europe was estimated as the second largest regional market for electrical contacts and accounts for 24% of global revenue share in 2017 owing to high product utilization across several industries including aerospace & defense, energy & power distribution etc., which will drive demand from 2018 to 2030 The Middle East & Africa (MEA) accounted for 6% of global revenue share in 2017 due to increasing penetration across key end-use sectors such as oil & gas industry that requires medium voltage components at each stage along with other applications such as industrial machinery and lighting installation among others will drive consumption over next eight years.
Growth Factors:
- Increasing demand from the automotive industry for electrical contacts and contact materials due to the increasing demand for electric and hybrid vehicles.
- Growing demand for electrical contacts and contact materials in the telecommunications sector due to the increasing use of smartphones, tablets, and other electronic devices.
- Rising demand from the energy sector for electrical contacts and contact materials as a result of increased investment in renewable energy sources such as solar and wind power.
- Rapid growth in the semiconductor industry, which is driving increased demand for advanced contact materials that can withstand high temperatures and corrosive environments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Contacts and Contacts Materials Market Research Report
By Type
Silver-based Composite Electrical Contacts and Contact Materials, Copper-based Composite Electrical Contacts and Contact Materials
By Application
Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products), Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products), Light Load Electrical Contacts and Contacts Materials (Light Load Products)
By Companies
Metalor, DODUCO, Umicore, Toshiba, Chugai Electric, Tanaka, Heesung, MATERION, MITSUBISHI, Nippon Tungsten, Brainin, Fuda, Wenzhou Hongfeng, Longsun, Guilin Coninst, Foshan Tongbao, Shanghai Renmin, Zhejiang Metallurgical, Anping Feichang, Zhejiang Leyin, Shanghai Xiaojing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Contacts and Contacts Materials Market Report Segments:
The global Electrical Contacts and Contacts Materials market is segmented on the basis of:
Types
Silver-based Composite Electrical Contacts and Contact Materials, Copper-based Composite Electrical Contacts and Contact Materials
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products), Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products), Light Load Electrical Contacts and Contacts Materials (Light Load Products)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Metalor
- DODUCO
- Umicore
- Toshiba
- Chugai Electric
- Tanaka
- Heesung
- MATERION
- MITSUBISHI
- Nippon Tungsten
- Brainin
- Fuda
- Wenzhou Hongfeng
- Longsun
- Guilin Coninst
- Foshan Tongbao
- Shanghai Renmin
- Zhejiang Metallurgical
- Anping Feichang
- Zhejiang Leyin
- Shanghai Xiaojing
Highlights of The Electrical Contacts and Contacts Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silver-based Composite Electrical Contacts and Contact Materials
- Copper-based Composite Electrical Contacts and Contact Materials
- By Application:
- Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products)
- Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products)
- Light Load Electrical Contacts and Contacts Materials (Light Load Products)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Contacts and Contacts Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrical contacts are the metal parts that make contact with each other when an electrical current is flowing. Contact materials are the substances used to create these electrical contacts.
Some of the major companies in the electrical contacts and contacts materials market are Metalor, DODUCO, Umicore, Toshiba, Chugai Electric, Tanaka, Heesung, MATERION, MITSUBISHI, Nippon Tungsten, Brainin, Fuda, Wenzhou Hongfeng, Longsun, Guilin Coninst, Foshan Tongbao, Shanghai Renmin, Zhejiang Metallurgical, Anping Feichang, Zhejiang Leyin, Shanghai Xiaojing.
The electrical contacts and contacts materials market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Contacts and Contacts Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical Contacts and Contacts Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Contacts and Contacts Materials Market - Supply Chain
4.5. Global Electrical Contacts and Contacts Materials Market Forecast
4.5.1. Electrical Contacts and Contacts Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Contacts and Contacts Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Contacts and Contacts Materials Market Absolute $ Opportunity
5. Global Electrical Contacts and Contacts Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Type
5.3.1. Silver-based Composite Electrical Contacts and Contact Materials
5.3.2. Copper-based Composite Electrical Contacts and Contact Materials
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Contacts and Contacts Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Application
6.3.1. Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products)
6.3.2. Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products)
6.3.3. Light Load Electrical Contacts and Contacts Materials (Light Load Products)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Contacts and Contacts Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Contacts and Contacts Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Contacts and Contacts Materials Demand Share Forecast, 2019-2026
9. North America Electrical Contacts and Contacts Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Application
9.4.1. Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products)
9.4.2. Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products)
9.4.3. Light Load Electrical Contacts and Contacts Materials (Light Load Products)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Type
9.7.1. Silver-based Composite Electrical Contacts and Contact Materials
9.7.2. Copper-based Composite Electrical Contacts and Contact Materials
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Contacts and Contacts Materials Demand Share Forecast, 2019-2026
10. Latin America Electrical Contacts and Contacts Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Application
10.4.1. Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products)
10.4.2. Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products)
10.4.3. Light Load Electrical Contacts and Contacts Materials (Light Load Products)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Type
10.7.1. Silver-based Composite Electrical Contacts and Contact Materials
10.7.2. Copper-based Composite Electrical Contacts and Contact Materials
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Contacts and Contacts Materials Demand Share Forecast, 2019-2026
11. Europe Electrical Contacts and Contacts Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Application
11.4.1. Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products)
11.4.2. Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products)
11.4.3. Light Load Electrical Contacts and Contacts Materials (Light Load Products)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Type
11.7.1. Silver-based Composite Electrical Contacts and Contact Materials
11.7.2. Copper-based Composite Electrical Contacts and Contact Materials
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Contacts and Contacts Materials Demand Share, 2019-2026
12. Asia Pacific Electrical Contacts and Contacts Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Application
12.4.1. Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products)
12.4.2. Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products)
12.4.3. Light Load Electrical Contacts and Contacts Materials (Light Load Products)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Type
12.7.1. Silver-based Composite Electrical Contacts and Contact Materials
12.7.2. Copper-based Composite Electrical Contacts and Contact Materials
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Contacts and Contacts Materials Demand Share, 2019-2026
13. Middle East & Africa Electrical Contacts and Contacts Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Application
13.4.1. Low-voltage Electrical Contacts and Contacts Materials (Low-voltage products)
13.4.2. Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-voltage products)
13.4.3. Light Load Electrical Contacts and Contacts Materials (Light Load Products)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Contacts and Contacts Materials Market Size and Volume Forecast by Type
13.7.1. Silver-based Composite Electrical Contacts and Contact Materials
13.7.2. Copper-based Composite Electrical Contacts and Contact Materials
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Contacts and Contacts Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Contacts and Contacts Materials Market: Market Share Analysis
14.2. Electrical Contacts and Contacts Materials Distributors and Customers
14.3. Electrical Contacts and Contacts Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Metalor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DODUCO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Umicore
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toshiba
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chugai Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tanaka
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Heesung
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MATERION
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MITSUBISHI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nippon Tungsten
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Brainin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fuda
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wenzhou Hongfeng
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Longsun
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Guilin Coninst
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Foshan Tongbao
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shanghai Renmin
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Zhejiang Metallurgical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Anping Feichang
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