According to Stratistics MRC, the Global Vacuum Interrupter Market is accounted for $2.3 billion in 2017 and is expected to reach $4.6 billion by 2026 growing at a CAGR of 8.0% during the forecast period.
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Growing rate of industrialization & urbanization, development of transmission & distribution networks and technological advancements are some of the factors propelling the market growth. However, lack of existing government policies is hindering the market growth.
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A vacuum circuit breaker can be differentiated from other circuit breakers on the basis of its arc quenching technique. In this type, the interruption of current flowing through arc takes place in vacuum. This technology is widely used for applications working on medium voltage. This are also suitable for high voltage applications, however they are not commercially viable yet.
Based on Application, Circuit Breaker segment has significant growth due to increasing manufacturing industries in developing countries, infrastructure development, and urbanizations are some of the factors driving the market growth.
By geography, Asia Pacific holds the largest market share during the forecast period due to the major manufacturing hubs for vacuum interrupters and growth of the transmission & distribution sectors are some of the factors propelling the market growth in this region.
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Some of the key players profiled in the Vacuum Interrupter Market include ABB, Siemens AG, Eaton, LS Industrial Systems, Meidensha Corporation, Toshiba Corporation, Actom, Kirloskar Electric Company Ltd., Avantha Group and GE.
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Rated Voltages Covered:
• Above 30 kV
• 15–30 kV
• 0–15 kV
Contact Structures Covered:
• Axial Magnetic / Field Contact
• Spiral Contact
• Flat Contact
Types Covered:
• Ceramic Vacuum Interrupter
• Glass Vacuum Interrupter
Applications Covered:
• Tap Changer
• Load Break Switch
• Contactor
• Recloser
• Circuit Breaker
• Other Applications
End Users Covered:
• Oil & Gas
• Transportation Sector
• Utilities
• Mining Sector
• Industrial Plants
• Other End Users
Channels Covered:
• Distributor
• Direct Sales
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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Source: MarketersMedia
Release ID: 519656
