Market Overview:
The global sealed contactor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles and solar energy systems across the globe. Additionally, the growing demand for telecommunications equipment is also contributing to the growth of this market. The DC contactors segment is expected to grow at a CAGR of 6% from 2018 to 2030, while the AC contactors segment is projected to grow at a CAGR of 4% during the same period. The telecommunications equipment application segment is expected to dominate this market during the forecast period, followed by solar energy system and engineering machinery applications respectively.
Product Definition:
A sealed contactor is a switch that can be used to control high-power electrical loads, such as motors or heaters. They are important because they allow for reliable and safe control of high-power devices.
DC Contactors:
DC contactors are electronic switches used in circuit breakers, motor controls, and other applications where a normally closed switch must be opened by the flow of current. They are available in two basic forms: linear and rotary.
Linear DC contactors have only two terminals; however, they can control several devices or operate on different voltage levels as required by application.
AC contactors:
AC contactors are used in the manufacturing process of semiconductor devices. They are also used as switching devices to control power flow in various applications such as electric motor, switch mode power supply and inverter, etc. AC contactors can be single or multi-phase device. The working principle of an AC contactor is based on condensation that forms between two metallic surfaces when a current is passed through it.
Application Insights:
The engineering machinery segment is expected to witness the highest growth over the forecast period. Sealed contactors are used in power generation, industrial and commercial applications including HVAC (heating, ventilation and cooling), oil & gas, food & beverage processing plants among others. The telecommunications equipment application segment accounted for a significant market share in 2017 owing to growing demand for telecom products across the globe. Increasing demand for 4G technology products has led to an increase in wireless infrastructure construction which subsequently increased product requirement.
Telecommunication equipment includes mobile phones among other communication devices such as routers, modems and switches that use various technologies such as Wi-Fi or 3G cellular data network depending upon their capabilities of connectivity with different parts of a telecommunication network infrastructure respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries, such as manufacturing, solar energy system, and engineering machinery. China is one of the largest markets for these products owing to its large population and rapid industrialization. Moreover, India has also witnessed a significant rise in demand for these products owing to government initiatives promoting infrastructure development across various sectors including transportation sector.
Europe accounted for more than 25% share of global revenue in 2017 due to high sealing requirement from several major applications including automotive industry on account of strict emission norms by European Union (EU).
Growth Factors:
- Increasing demand for energy efficient electrical equipment
- Rising demand from the automotive sector
- Growing popularity of electric vehicles
- Proliferation of smart grids and renewable energy sources
- Technological advancements in contactor manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Sealed Contactor Market Research Report
By Type
DC Contactors, AC contactors
By Application
Telecommunications Equipment, Solar Energy System, Engineering Machinery, Electric Cars, Other
By Companies
TE Connectivity, Emerson Electric, Sensata Technologies, Fuji Electric, COMEUP INDUSTRIES, Waytek, Trombetta, Nijkerk Electronics, Zhejiang DongYa Electronic, TE Connectivity
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Sealed Contactor Market Report Segments:
The global Sealed Contactor market is segmented on the basis of:
Types
DC Contactors, AC contactors
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
Telecommunications Equipment, Solar Energy System, Engineering Machinery, Electric Cars, 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:
- TE Connectivity
- Emerson Electric
- Sensata Technologies
- Fuji Electric
- COMEUP INDUSTRIES
- Waytek
- Trombetta
- Nijkerk Electronics
- Zhejiang DongYa Electronic
- TE Connectivity
Highlights of The Sealed 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 Contactors
- AC contactors
- By Application:
- Telecommunications Equipment
- Solar Energy System
- Engineering Machinery
- Electric Cars
- 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 Sealed 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.
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 sealed contactor is a type of electrical switch that has been designed to resist moisture and other contaminants. Sealed contacts are typically used in applications where the environment is corrosive or potentially hazardous, such as in chemical plants or refineries.
Some of the key players operating in the sealed contactor market are TE Connectivity, Emerson Electric, Sensata Technologies, Fuji Electric, COMEUP INDUSTRIES, Waytek, Trombetta, Nijkerk Electronics, Zhejiang DongYa Electronic, TE Connectivity.
The sealed contactor 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 Sealed Contactor 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 Sealed Contactor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sealed Contactor 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 Sealed Contactor 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 Sealed Contactor Market Size & Forecast, 2018-2028
4.5.1 Sealed Contactor Market Size and Y-o-Y Growth
4.5.2 Sealed Contactor Market Absolute $ Opportunity
Chapter 5 Global Sealed Contactor 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 Sealed Contactor Market Size Forecast by Type
5.2.1 DC Contactors
5.2.2 AC contactors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sealed Contactor 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 Sealed Contactor Market Size Forecast by Applications
6.2.1 Telecommunications Equipment
6.2.2 Solar Energy System
6.2.3 Engineering Machinery
6.2.4 Electric Cars
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sealed Contactor 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 Sealed Contactor 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 Sealed Contactor Analysis and Forecast
9.1 Introduction
9.2 North America Sealed Contactor 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 Sealed Contactor Market Size Forecast by Type
9.6.1 DC Contactors
9.6.2 AC contactors
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 Sealed Contactor Market Size Forecast by Applications
9.10.1 Telecommunications Equipment
9.10.2 Solar Energy System
9.10.3 Engineering Machinery
9.10.4 Electric Cars
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 Sealed Contactor Analysis and Forecast
10.1 Introduction
10.2 Europe Sealed Contactor 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 Sealed Contactor Market Size Forecast by Type
10.6.1 DC Contactors
10.6.2 AC contactors
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 Sealed Contactor Market Size Forecast by Applications
10.10.1 Telecommunications Equipment
10.10.2 Solar Energy System
10.10.3 Engineering Machinery
10.10.4 Electric Cars
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 Sealed Contactor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sealed Contactor 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 Sealed Contactor Market Size Forecast by Type
11.6.1 DC Contactors
11.6.2 AC contactors
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 Sealed Contactor Market Size Forecast by Applications
11.10.1 Telecommunications Equipment
11.10.2 Solar Energy System
11.10.3 Engineering Machinery
11.10.4 Electric Cars
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 Sealed Contactor Analysis and Forecast
12.1 Introduction
12.2 Latin America Sealed Contactor 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 Sealed Contactor Market Size Forecast by Type
12.6.1 DC Contactors
12.6.2 AC contactors
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 Sealed Contactor Market Size Forecast by Applications
12.10.1 Telecommunications Equipment
12.10.2 Solar Energy System
12.10.3 Engineering Machinery
12.10.4 Electric Cars
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) Sealed Contactor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sealed Contactor 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) Sealed Contactor Market Size Forecast by Type
13.6.1 DC Contactors
13.6.2 AC contactors
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) Sealed Contactor Market Size Forecast by Applications
13.10.1 Telecommunications Equipment
13.10.2 Solar Energy System
13.10.3 Engineering Machinery
13.10.4 Electric Cars
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 Sealed Contactor Market: Competitive Dashboard
14.2 Global Sealed Contactor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE Connectivity
14.3.2 Emerson Electric
14.3.3 Sensata Technologies
14.3.4 Fuji Electric
14.3.5 COMEUP INDUSTRIES
14.3.6 Waytek
14.3.7 Trombetta
14.3.8 Nijkerk Electronics
14.3.9 Zhejiang DongYa Electronic
14.3.10 TE Connectivity
