Vacuum Contactors and Starters Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.8 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The global vacuum contactors and starters market was valued at approximately USD 1.5 billion in 2022 and is expected to register a Compound Annual Growth Rate (CAGR) of around 5.2% from 2023 to 2030. This growth can be attributed to the increasing demand for energy efficient electrical systems, as well as growing investments in industrial automation and power distribution networks. The market’s expansion is driven by the rising adoption of vacuum contactors in medium voltage power distribution and various industrial applications, such as motors, generators, and transformers. Additionally, the increasing focus on infrastructure development in emerging economies contributes to the market’s growth potential during the forecast period.
Regionally, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region dominates the vacuum contactors and starters market, holding a market share of over 40% in 2022, driven by the rapid industrialization in countries like China and India. The region’s expanding manufacturing sector, particularly in automotive, chemicals, and oil & gas industries, further boosts the demand for vacuum contactors. North America and Europe also contribute significantly to market growth, with a combined share of around 35%, due to the strong presence of advanced manufacturing and industrial infrastructure. The Latin American and Middle East & Africa regions are anticipated to witness moderate growth, offering considerable opportunities due to increased focus on industrial development and modernization of power grids.
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ABB
Siemens
Toshiba
Mitsubishi Electric
Schneider Electric
Eaton
L&T Electrical & Automation (E&A)
Rockwell Automation
Crompton Greaves
Lsis
Joslyn Clark
Fuji Electric
AEG
Chint Group
Xiamen Huadian Switchgear
LAZZEN
GGEC
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Vacuum Contactors and Starters Market
Vacuum Contactors
Vacuum Starters
Low Voltage (up to 1 kV)
Medium Voltage (1 kV - 36 kV)
High Voltage (above 36 kV)
Industrial Motors
Transformers
Heating Equipment
Pumps and Compressors
Fans and Blowers
Manufacturing
Mining and Metals
Oil and Gas
Power Generation
Water and Wastewater Treatment
Manual Operation
Automated Operation
Smart/connectivity Features
Energy Efficient Models
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Vacuum Contactors and Starters Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Vacuum Contactors and Starters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Vacuum Contactors and Starters Market, By Type
6. Global Vacuum Contactors and Starters Market, By Application
7. Global Vacuum Contactors and Starters Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Vacuum Contactors and Starters Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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