Market Overview:
The global three-phase contactor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for three-phase contactors in various applications, such as auto motors, lighting, power supplies, and others. In addition, the growing industrialization and urbanization are also contributing to the growth of this market.
Product Definition:
A three-phase contactor is an electrically operated switch that controls the flow of electricity to a load. It is used to start, stop, or regulate the flow of current through a circuit.
DIN Rail Mounting:
DIN rail mounting is a device that is used to secure the control circuit of three-phase contactor in an equipment frame. The DIN rail mounting system offers several advantages such as high mechanical strength, low maintenance and easy installation.
The DIN rail mounting system has been designed for applications where there are no or limited access to power supplies and earth connections.
Modular Mounting:
Modular mounting is a method of installing electrical components in which the parts are mounted on a common base so that they can be easily removed and replaced. The modular approach offers flexibility to the system designer as well as to the operator. It also simplifies maintenance by reducing chances of wires getting mixed up and improves reliability by providing better contact between devices, thus increasing overall system efficiency.
Application Insights:
The power supply application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand for clean energy across countries such as China, India and Germany. These countries are focusing on increasing their usage of renewable sources of energy including solar and wind to generate electricity due to environmental concerns regarding pollution levels caused by burning fossil fuels, which is likely to propel market growth over the next seven years.
The lighting application segment was valued at USD 1,252.5 million in 2017 owingto high product demand from industrial as well as commercial applications worldwide that require a high level of safety along with reliability.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for industrial automation in countries, such as China and India. The growing manufacturing sector in these countries is resulting in increased adoption of three-phase contactor solutions for power supply applications. Furthermore, rising investments by governments are also driving the market growth across this region due to which there has been an increase in construction activities and infrastructure development projects, thereby driving the product demand further.
The Europe Three-phase Contactor Market by Application (Automotive & Transportation Lighting) held a substantial share of around 27% as of 2017 on account of high penetration rates observed for industrial automation solutions across this region coupled with stringent safety norms pertaining to energy conservation demands that have resulted into increased adoption three-phase contactor products used for power supply applications among end users over the forecast period.
Growth Factors:
- Increasing demand for three-phase contactors in the industrial sector owing to the growing need for energy-efficient equipment and systems.
- Rising demand from developing countries due to the increasing industrialization and infrastructural development in these regions.
- Growing popularity of three-phase contactors as a key component in renewable energy systems, such as solar and wind power plants, which is driving their adoption across various end-use industries.
- Technological advancements that are resulting in the development of more efficient and compact three-phase contactors, thereby widening their scope of applications across different industries. 5) The increasing uptake of smart grid technologies that require advanced control features for efficient power management is expected to create growth opportunities for three-phase contactor manufacturers over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-phase Contactor Market Research Report
By Type
DIN Rail Mounting, Modular Mounting, Other
By Application
Auto Motor, Lighting, Power Supply, Other
By Companies
Siemens, TECO ELECTRIC & MACHINERY, Danfoss Industrial Automation, Xiamen Jinxinrong Electronics, Ross Engineering, Sensata Technologies, EL.CO., ETI, ELKO, GREEGOO ELECTRIC CO LTD, Siemens, Schaltbau GmbH, EMAS, Messko GmbH
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Three-phase Contactor Market Report Segments:
The global Three-phase Contactor market is segmented on the basis of:
Types
DIN Rail Mounting, Modular Mounting, 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
Auto Motor, Lighting, Power Supply, 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:
- Siemens
- TECO ELECTRIC & MACHINERY
- Danfoss Industrial Automation
- Xiamen Jinxinrong Electronics
- Ross Engineering
- Sensata Technologies
- EL.CO.
- ETI
- ELKO
- GREEGOO ELECTRIC CO LTD
- Siemens
- Schaltbau GmbH
- EMAS
- Messko GmbH
Highlights of The Three-phase 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:
- DIN Rail Mounting
- Modular Mounting
- Other
- By Application:
- Auto Motor
- Lighting
- Power Supply
- 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 Three-phase 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
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- Consumer Insights
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- Product & Brand Management
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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 three-phase contactor is an electrical device that allows electricity to flow in three directions simultaneously. This is important for devices like motors and generators, which need to turn in multiple directions at the same time.
Some of the major players in the three-phase contactor market are Siemens, TECO ELECTRIC & MACHINERY, Danfoss Industrial Automation, Xiamen Jinxinrong Electronics, Ross Engineering, Sensata Technologies, EL.CO., ETI, ELKO, GREEGOO ELECTRIC CO LTD, Siemens, Schaltbau GmbH, EMAS, Messko GmbH.
The three-phase 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 Three-phase 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 Three-phase Contactor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Three-phase 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 Three-phase 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 Three-phase Contactor Market Size & Forecast, 2018-2028
4.5.1 Three-phase Contactor Market Size and Y-o-Y Growth
4.5.2 Three-phase Contactor Market Absolute $ Opportunity
Chapter 5 Global Three-phase 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 Three-phase Contactor Market Size Forecast by Type
5.2.1 DIN Rail Mounting
5.2.2 Modular Mounting
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Three-phase 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 Three-phase Contactor Market Size Forecast by Applications
6.2.1 Auto Motor
6.2.2 Lighting
6.2.3 Power Supply
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Three-phase 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 Three-phase 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 Three-phase Contactor Analysis and Forecast
9.1 Introduction
9.2 North America Three-phase 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 Three-phase Contactor Market Size Forecast by Type
9.6.1 DIN Rail Mounting
9.6.2 Modular Mounting
9.6.3 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 Three-phase Contactor Market Size Forecast by Applications
9.10.1 Auto Motor
9.10.2 Lighting
9.10.3 Power Supply
9.10.4 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 Three-phase Contactor Analysis and Forecast
10.1 Introduction
10.2 Europe Three-phase 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 Three-phase Contactor Market Size Forecast by Type
10.6.1 DIN Rail Mounting
10.6.2 Modular Mounting
10.6.3 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 Three-phase Contactor Market Size Forecast by Applications
10.10.1 Auto Motor
10.10.2 Lighting
10.10.3 Power Supply
10.10.4 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 Three-phase Contactor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Three-phase 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 Three-phase Contactor Market Size Forecast by Type
11.6.1 DIN Rail Mounting
11.6.2 Modular Mounting
11.6.3 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 Three-phase Contactor Market Size Forecast by Applications
11.10.1 Auto Motor
11.10.2 Lighting
11.10.3 Power Supply
11.10.4 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 Three-phase Contactor Analysis and Forecast
12.1 Introduction
12.2 Latin America Three-phase 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 Three-phase Contactor Market Size Forecast by Type
12.6.1 DIN Rail Mounting
12.6.2 Modular Mounting
12.6.3 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 Three-phase Contactor Market Size Forecast by Applications
12.10.1 Auto Motor
12.10.2 Lighting
12.10.3 Power Supply
12.10.4 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) Three-phase Contactor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Three-phase 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) Three-phase Contactor Market Size Forecast by Type
13.6.1 DIN Rail Mounting
13.6.2 Modular Mounting
13.6.3 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) Three-phase Contactor Market Size Forecast by Applications
13.10.1 Auto Motor
13.10.2 Lighting
13.10.3 Power Supply
13.10.4 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 Three-phase Contactor Market: Competitive Dashboard
14.2 Global Three-phase Contactor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 TECO ELECTRIC & MACHINERY
14.3.3 Danfoss Industrial Automation
14.3.4 Xiamen Jinxinrong Electronics
14.3.5 Ross Engineering
14.3.6 Sensata Technologies
14.3.7 EL.CO.
14.3.8 ETI
14.3.9 ELKO
14.3.10 GREEGOO ELECTRIC CO LTD
14.3.11 Siemens
14.3.12 Schaltbau GmbH
14.3.13 EMAS
14.3.14 Messko GmbH
