Market Overview:
The global electric contact material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the electric contact material market can be attributed to the increasing demand for electric vehicles and rising demand for miniaturization of electronic devices. The global electric contact material market is segmented by type, application, and region. By type, the market is segmented into fine silver, silver cadmium oxide, silver tin oxide, silver nickel, silver tungsten and other types. By application, the market is divided into contact rivets relays sensors switches and other applications.
Product Definition:
Electric Contact Material is a material used to make electrical contact with another material. It is often made of metal and is used in switches, relays, and other electrical components.
Fine Silver:
Silver is a soft, white, ductile metal with high electrical and thermal conductivity. Pure silver has no significant taste or smell. Commercially it is produced by the leaching of silver from its compounds (such as argentite) in a solvent (such as nitric acid).
Silver Cadmium Oxide:
Silver cadmium oxide is a combination of silver and cadmium that exhibits excellent electrical properties. It has high resistivity to corrosion, high thermal conductivity, and low electrical conductivity. Silver Cadmium Oxide finds application in the production of batteries for power generation purposes as well as in medical equipment such as catheters where it is used for its superior biocompatibility characteristics.
Application Insights:
The other application segment includes batteries, electric motors and transformers, relays, sensors, switches and others. Other applications of the product include industrial rivets and fasteners. The growth of the automotive industry is expected to drive demand for electric contact materials over the forecast period owing to increasing production of vehicles in economies such as China Japan South Korea. This factor is anticipated to fuel market growth during the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as electronics, automotive, and medical. China is projected to remain a key consumer in Asia Pacific owing to its large manufacturing sector and growing economy. In addition, favorable government policies are expected to boost industry expansion in this region over the next eight years.
The European electric contact material market was valued at USD X million in 2017 and is estimated to grow at a CAGR of XX% during the forecast period on account of rising product demand from various application industries due towards stringent environmental regulations by regulatory bodies such as RoHS (Restriction on Hazardous Substances) directive 2002/95/EC and REACH (Registration, Evaluation, Authorizationand Restriction) act 1995/2004 among others among others.
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in renewable energy sources
- Rising trend of mini and micro grids
- Proliferation of smart grids and energy storage systems
- Development of innovative electric contact materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Contact Material Market Research Report
By Type
Fine Silver, Silver Cadmium Oxide, Silver Tin Oxide, Silver Nickel, Silver Tungsten, Other
By Application
Contact Rivets, Relays, Sensors, Switches, Other
By Companies
Precision Engineered Products, NAECO, Contact Technologies, ECI, Checon, Tanaka Europe GmbH, Electrical Contacts International
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Electric Contact Material Market Report Segments:
The global Electric Contact Material market is segmented on the basis of:
Types
Fine Silver, Silver Cadmium Oxide, Silver Tin Oxide, Silver Nickel, Silver Tungsten, Other
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
Contact Rivets, Relays, Sensors, Switches, 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:
- Precision Engineered Products
- NAECO
- Contact Technologies
- ECI
- Checon
- Tanaka Europe GmbH
- Electrical Contacts International
Highlights of The Electric Contact Material 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:
- Fine Silver
- Silver Cadmium Oxide
- Silver Tin Oxide
- Silver Nickel
- Silver Tungsten
- Other
- By Application:
- Contact Rivets
- Relays
- Sensors
- Switches
- 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 Electric Contact Material 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?
Electric contact material is a type of insulation that helps reduce the amount of electricity that travels through wires. It is also used to make electrical connections between different parts of a circuit.
Some of the major companies in the electric contact material market are Precision Engineered Products, NAECO, Contact Technologies, ECI, Checon, Tanaka Europe GmbH, Electrical Contacts International.
The electric contact material 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 Electric Contact Material 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 Electric Contact Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Contact Material 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 Electric Contact Material 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 Electric Contact Material Market Size & Forecast, 2018-2028
4.5.1 Electric Contact Material Market Size and Y-o-Y Growth
4.5.2 Electric Contact Material Market Absolute $ Opportunity
Chapter 5 Global Electric Contact Material 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 Electric Contact Material Market Size Forecast by Type
5.2.1 Fine Silver
5.2.2 Silver Cadmium Oxide
5.2.3 Silver Tin Oxide
5.2.4 Silver Nickel
5.2.5 Silver Tungsten
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Contact Material 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 Electric Contact Material Market Size Forecast by Applications
6.2.1 Contact Rivets
6.2.2 Relays
6.2.3 Sensors
6.2.4 Switches
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Contact Material 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 Electric Contact Material 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 Electric Contact Material Analysis and Forecast
9.1 Introduction
9.2 North America Electric Contact Material 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 Electric Contact Material Market Size Forecast by Type
9.6.1 Fine Silver
9.6.2 Silver Cadmium Oxide
9.6.3 Silver Tin Oxide
9.6.4 Silver Nickel
9.6.5 Silver Tungsten
9.6.6 Other
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 Electric Contact Material Market Size Forecast by Applications
9.10.1 Contact Rivets
9.10.2 Relays
9.10.3 Sensors
9.10.4 Switches
9.10.5 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 Electric Contact Material Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Contact Material 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 Electric Contact Material Market Size Forecast by Type
10.6.1 Fine Silver
10.6.2 Silver Cadmium Oxide
10.6.3 Silver Tin Oxide
10.6.4 Silver Nickel
10.6.5 Silver Tungsten
10.6.6 Other
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 Electric Contact Material Market Size Forecast by Applications
10.10.1 Contact Rivets
10.10.2 Relays
10.10.3 Sensors
10.10.4 Switches
10.10.5 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 Electric Contact Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Contact Material 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 Electric Contact Material Market Size Forecast by Type
11.6.1 Fine Silver
11.6.2 Silver Cadmium Oxide
11.6.3 Silver Tin Oxide
11.6.4 Silver Nickel
11.6.5 Silver Tungsten
11.6.6 Other
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 Electric Contact Material Market Size Forecast by Applications
11.10.1 Contact Rivets
11.10.2 Relays
11.10.3 Sensors
11.10.4 Switches
11.10.5 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 Electric Contact Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Contact Material 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 Electric Contact Material Market Size Forecast by Type
12.6.1 Fine Silver
12.6.2 Silver Cadmium Oxide
12.6.3 Silver Tin Oxide
12.6.4 Silver Nickel
12.6.5 Silver Tungsten
12.6.6 Other
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 Electric Contact Material Market Size Forecast by Applications
12.10.1 Contact Rivets
12.10.2 Relays
12.10.3 Sensors
12.10.4 Switches
12.10.5 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) Electric Contact Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Contact Material 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) Electric Contact Material Market Size Forecast by Type
13.6.1 Fine Silver
13.6.2 Silver Cadmium Oxide
13.6.3 Silver Tin Oxide
13.6.4 Silver Nickel
13.6.5 Silver Tungsten
13.6.6 Other
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) Electric Contact Material Market Size Forecast by Applications
13.10.1 Contact Rivets
13.10.2 Relays
13.10.3 Sensors
13.10.4 Switches
13.10.5 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 Electric Contact Material Market: Competitive Dashboard
14.2 Global Electric Contact Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Precision Engineered Products
14.3.2 NAECO
14.3.3 Contact Technologies
14.3.4 ECI
14.3.5 Checon
14.3.6 Tanaka Europe GmbH
14.3.7 Electrical Contacts International
