Market Overview:
The global capacitor switches market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the capacitor switches market can be attributed to the increasing demand for energy-efficient equipment and rising investments in renewable energy sources. In addition, the growing demand for capacitors in various applications is also contributing to the growth of the capacitor switches market. Based on type, the global capacitor switches market can be segmented into single point switch, double point switch, three point switch, four point switch and others. Single point switch held a major share of the global capacitor switches market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its low cost and easy installation compared with other types of capacitors switches available in the market.
Product Definition:
Capacitor switches are used to control the flow of current in an electrical circuit. They are important because they allow for the efficient and safe switching of electrical loads.
Single Point Switch:
Single point switch is a one-way electrical device used to control or monitor an electric circuit. It consists of two terminals, normally closed contacts and normally open contacts. The normally closed contact is connected to the low side of the battery and the Normally Open Contact Is Connected To The High Side Of Battery. Single point switches are available in different forms such as momentary single-contact, toggle, rocker, push button switch and others.
Double Point Switch:
Double point switch is a two-way electrical switch that has two terminals for making connections. It can be used in places where only one point of connection is required, or where there are additional requirements such as extra load carrying capacity. Double points are used to provide additional capacity and also to enable multiple circuits to be made from a single source.
Application Insights:
The oil and gas industry was the dominant segment in 2017. The rising demand for energy in this sector is expected to drive the market growth over the forecast period. The increasing need for power generation across various sectors, such as chemical, oil and gas, etc., is anticipated to boost product demand over the forecast period.
The other application segment includes medical equipment manufacturing industries that use electric motors with high torque density requirements along with switches based on capacitors owing to their low weight and cost savings when compared with traditional electromechanical solutions such as relays or circuit breakers. Capacitor-based electrical equipment has a long life expectancy owing to its ability of absorbing vibration & shock resistance coupled with durability against corrosion and other environmental factors at a reduced cost factor when compared with mechanical counterparts which are used in industrial applications including metallurgy machinery, mining equipment, food processing plants among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for energy storage and distribution networks in countries such as China, India, South Korea, Japan and Australia. For instance, according to IEEFA, in 2017 China had around 4.3 GW of new power capacity installed that used DCSs across multiple applications including oil and gas (2 GW), chemical industry (1 GW) and others (500 MW).
North America accounted for a significant market share due to early adoption by major end users such as oil & gas sector which has been witnessing technological advancements continuously over past few years resulting into increased usage of capacitors switches across this region.
Growth Factors:
- Increasing demand from the automotive industry for capacitors switches in order to improve the performance of electric vehicles.
- Growing demand for capacitors switches from the telecom sector due to increasing data traffic and need for high-speed communication networks.
- Rising popularity of smart homes and Internet of Things (IoT) is expected to drive the growth of capacitors switches market in near future.
- Increasing investment by governments worldwide in renewable energy projects is expected to create new opportunities for capacitor switch manufacturers in coming years.
- Rapid technological advancements and innovations are likely to fuel the growth of capacitor switches market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Capacitor Switches Market Research Report
By Type
Single Point Switch, Double Point Switch, Three Point Switch, Four Point Switch
By Application
Oil and Gas, Chemical Industry, Electricity, Metallurgy, Mechanical, Power Industry, Other
By Companies
ABB(Cooper Industries), Trinetics HPS, ABB, S&C Electric, ELMARK, ABB(Cooper Industries)
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Capacitor Switches Market Report Segments:
The global Capacitor Switches market is segmented on the basis of:
Types
Single Point Switch, Double Point Switch, Three Point Switch, Four Point Switch
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
Oil and Gas, Chemical Industry, Electricity, Metallurgy, Mechanical, Power Industry, Other
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:
- ABB(Cooper Industries)
- Trinetics HPS
- ABB
- S&C Electric
- ELMARK
- ABB(Cooper Industries)
Highlights of The Capacitor Switches 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:
- Single Point Switch
- Double Point Switch
- Three Point Switch
- Four Point Switch
- By Application:
- Oil and Gas
- Chemical Industry
- Electricity
- Metallurgy
- Mechanical
- Power Industry
- Other
- 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 Capacitor Switches 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 capacitor switch is a type of electronic switch that uses capacitors to store energy. When the switch is activated, the stored energy causes an electric current to flow through the circuit.
Some of the major companies in the capacitor switches market are ABB(Cooper Industries), Trinetics HPS, ABB, S&C Electric, ELMARK, ABB(Cooper Industries).
The capacitor switches market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Capacitor Switches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Capacitor Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Capacitor Switches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Capacitor Switches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Capacitor Switches Market Size & Forecast, 2018-2028
4.5.1 Capacitor Switches Market Size and Y-o-Y Growth
4.5.2 Capacitor Switches Market Absolute $ Opportunity
Chapter 5 Global Capacitor Switches Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Capacitor Switches Market Size Forecast by Type
5.2.1 Single Point Switch
5.2.2 Double Point Switch
5.2.3 Three Point Switch
5.2.4 Four Point Switch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Capacitor Switches Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Capacitor Switches Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemical Industry
6.2.3 Electricity
6.2.4 Metallurgy
6.2.5 Mechanical
6.2.6 Power Industry
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Capacitor Switches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Capacitor Switches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Capacitor Switches Analysis and Forecast
9.1 Introduction
9.2 North America Capacitor Switches Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Capacitor Switches Market Size Forecast by Type
9.6.1 Single Point Switch
9.6.2 Double Point Switch
9.6.3 Three Point Switch
9.6.4 Four Point Switch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Capacitor Switches Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemical Industry
9.10.3 Electricity
9.10.4 Metallurgy
9.10.5 Mechanical
9.10.6 Power Industry
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Capacitor Switches Analysis and Forecast
10.1 Introduction
10.2 Europe Capacitor Switches Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Capacitor Switches Market Size Forecast by Type
10.6.1 Single Point Switch
10.6.2 Double Point Switch
10.6.3 Three Point Switch
10.6.4 Four Point Switch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Capacitor Switches Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemical Industry
10.10.3 Electricity
10.10.4 Metallurgy
10.10.5 Mechanical
10.10.6 Power Industry
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Capacitor Switches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Capacitor Switches Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Capacitor Switches Market Size Forecast by Type
11.6.1 Single Point Switch
11.6.2 Double Point Switch
11.6.3 Three Point Switch
11.6.4 Four Point Switch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Capacitor Switches Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemical Industry
11.10.3 Electricity
11.10.4 Metallurgy
11.10.5 Mechanical
11.10.6 Power Industry
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Capacitor Switches Analysis and Forecast
12.1 Introduction
12.2 Latin America Capacitor Switches Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Capacitor Switches Market Size Forecast by Type
12.6.1 Single Point Switch
12.6.2 Double Point Switch
12.6.3 Three Point Switch
12.6.4 Four Point Switch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Capacitor Switches Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemical Industry
12.10.3 Electricity
12.10.4 Metallurgy
12.10.5 Mechanical
12.10.6 Power Industry
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Capacitor Switches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Capacitor Switches Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Capacitor Switches Market Size Forecast by Type
13.6.1 Single Point Switch
13.6.2 Double Point Switch
13.6.3 Three Point Switch
13.6.4 Four Point Switch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Capacitor Switches Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemical Industry
13.10.3 Electricity
13.10.4 Metallurgy
13.10.5 Mechanical
13.10.6 Power Industry
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Capacitor Switches Market: Competitive Dashboard
14.2 Global Capacitor Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB(Cooper Industries)
14.3.2 Trinetics HPS
14.3.3 ABB
14.3.4 S&C Electric
14.3.5 ELMARK
14.3.6 ABB(Cooper Industries)
