The global general purpose contactor market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for power switching applications and motor applications in various industries such as oil & gas, mining, and manufacturing.
The DC contactor segment accounted for the largest share of the global general purpose contactor market in 2017, followed by AC contactors. The DC segment is expected to maintain its dominance throughout the forecast period due to its high efficiency and low cost compared with AC contactors.
Some Of The Growth Factors Of This Market:
- The growth in the General Purpose Contactor market is driven by the increasing demand for electric vehicles and renewable energy sources.
- Increasing investments in infrastructure projects such as power plants, transmission lines, and substations are also driving the growth of this market.
- Increasing awareness about energy efficiency and sustainability among consumers is also driving the growth of this market.
- The high cost associated with installation of General Purpose Contactors is a major restraint for this market.
Industry Growth Insights published a new data on “General Purpose Contactor Market”. The research report is titled “General Purpose Contactor Market research by Types (DC Contactor, AC Contactor), By Applications (Power Switching Application, Motor Application, Others), By Players/Companies Eti (Slovenia), Eaton (Ireland), Schneider Electric (France), Rockwell Automation(US), GE Industrial (Boston, Massachusetts), ABB (Switzerland), Siemens (Germany), Honeywell(US), TE Connectivity (Switzerland), Mitsubishi Electric (Japan), Chint Electric (China)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
General Purpose Contactor Market Research Report
By Type
DC Contactor, AC Contactor
By Application
Power Switching Application, Motor Application, Others
By Companies
Eti (Slovenia), Eaton (Ireland), Schneider Electric (France), Rockwell Automation(US), GE Industrial (Boston, Massachusetts), ABB (Switzerland), Siemens (Germany), Honeywell(US), TE Connectivity (Switzerland), Mitsubishi Electric (Japan), Chint Electric (China)
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global General Purpose Contactor Market Report Segments:
The global General Purpose Contactor market is segmented on the basis of:
Types
DC Contactor, AC Contactor
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
Power Switching Application, Motor Application, Others
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:
- Eti (Slovenia)
- Eaton (Ireland)
- Schneider Electric (France)
- Rockwell Automation(US)
- GE Industrial (Boston, Massachusetts)
- ABB (Switzerland)
- Siemens (Germany)
- Honeywell(US)
- TE Connectivity (Switzerland)
- Mitsubishi Electric (Japan)
- Chint Electric (China)
Highlights of The General Purpose Contactor 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:
- DC Contactor
- AC Contactor
- By Application:
- Power Switching Application
- Motor Application
- Others
- 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 General Purpose Contactor 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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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?
A general purpose contactor is a type of electrical switch that can be used to turn on or off an electric circuit.
Some of the major players in the general purpose contactor market are Eti (Slovenia), Eaton (Ireland), Schneider Electric (France), Rockwell Automation(US), GE Industrial (Boston, Massachusetts), ABB (Switzerland), Siemens (Germany), Honeywell(US), TE Connectivity (Switzerland), Mitsubishi Electric (Japan), Chint Electric (China).
The general purpose contactor market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. General Purpose Contactor 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. General Purpose Contactor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. General Purpose Contactor Market - Supply Chain
4.5. Global General Purpose Contactor Market Forecast
4.5.1. General Purpose Contactor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. General Purpose Contactor Market Size (000 Units) and Y-o-Y Growth
4.5.3. General Purpose Contactor Market Absolute $ Opportunity
5. Global General Purpose Contactor 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. General Purpose Contactor Market Size and Volume Forecast by Type
5.3.1. DC Contactor
5.3.2. AC Contactor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global General Purpose Contactor 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. General Purpose Contactor Market Size and Volume Forecast by Application
6.3.1. Power Switching Application
6.3.2. Motor Application
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global General Purpose Contactor 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. General Purpose Contactor 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 General Purpose Contactor 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. General Purpose Contactor 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 General Purpose Contactor Demand Share Forecast, 2019-2026
9. North America General Purpose Contactor 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 General Purpose Contactor 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 General Purpose Contactor Market Size and Volume Forecast by Application
9.4.1. Power Switching Application
9.4.2. Motor Application
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America General Purpose Contactor Market Size and Volume Forecast by Type
9.7.1. DC Contactor
9.7.2. AC Contactor
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 General Purpose Contactor Demand Share Forecast, 2019-2026
10. Latin America General Purpose Contactor 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 General Purpose Contactor 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 General Purpose Contactor Market Size and Volume Forecast by Application
10.4.1. Power Switching Application
10.4.2. Motor Application
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America General Purpose Contactor Market Size and Volume Forecast by Type
10.7.1. DC Contactor
10.7.2. AC Contactor
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 General Purpose Contactor Demand Share Forecast, 2019-2026
11. Europe General Purpose Contactor 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 General Purpose Contactor 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 General Purpose Contactor Market Size and Volume Forecast by Application
11.4.1. Power Switching Application
11.4.2. Motor Application
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe General Purpose Contactor Market Size and Volume Forecast by Type
11.7.1. DC Contactor
11.7.2. AC Contactor
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Marke 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 General Purpose Contactor Demand Share, 2019-2026
12. Asia Pacific General Purpose Contactor 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 General Purpose Contactor 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 General Purpose Contactor Market Size and Volume Forecast by Application
12.4.1. Power Switching Application
12.4.2. Motor Application
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific General Purpose Contactor Market Size and Volume Forecast by Type
12.7.1. DC Contactor
12.7.2. AC Contactor
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 General Purpose Contactor Demand Share, 2019-2026
13. Middle East & Africa General Purpose Contactor 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 General Purpose Contactor 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 General Purpose Contactor Market Size and Volume Forecast by Application
13.4.1. Power Switching Application
13.4.2. Motor Application
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa General Purpose Contactor Market Size and Volume Forecast by Type
13.7.1. DC Contactor
13.7.2. AC Contactor
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 General Purpose Contactor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global General Purpose Contactor Market: Market Share Analysis
14.2. General Purpose Contactor Distributors and Customers
14.3. General Purpose Contactor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eti (Slovenia)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton (Ireland)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric (France)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rockwell Automation(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE Industrial (Boston, Massachusetts)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ABB (Switzerland)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens (Germany)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Honeywell(US)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TE Connectivity (Switzerland)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mitsubishi Electric (Japan)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chint Electric (China)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
