Global and Japan Electromagnetic Contactor Market Insights, Forecast to 2027

Global and Japan Electromagnetic Contactor Market Insights, Forecast to 2027

  • QYResearch
  • September 2021
  • Machinery
  • 145 pages

Report Description

Electromagnetic Contactor or magnetic contactor is an electromagnetic type contactor and it can operate automatically. When electricity flows through the magnetic contactor, it causes the electromagnet to generate a strong magnetic field. This field pulls the iron core into the coil, and creates an electrical arc. Electricity passes in through one contact and into the contactors parent device in this manner. To deactivate, the contactor can be physically pulled from the parent device. Also, in the absence of electrical current, the spring pushes the core away from the coil, breaking the connection.
Global Electromagnetic Contactor key players include Schneider Electric, ABB, Siemens, Eaton, CHINT Group etc, the top five manufacturers held 51.76% of the market, in terms of Electromagnetic Contactor revenue.
China is the largest market, with a share about 70%, followed by Europe, which have a share over 10 percent.
In terms of product, AC Contactors is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Electric Motors, followed by Lighting Automation.

Market Analysis and Insights: Global and Japan Electromagnetic Contactor Market
This report focuses on global and Japan Electromagnetic Contactor market.
In 2020, the global Electromagnetic Contactor market size was US$ 2370 million and it is expected to reach US$ 3909.8 million by the end of 2027, with a CAGR of 6.9% during 2021-2027. In Japan the Electromagnetic Contactor market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Electromagnetic Contactor Scope and Market Size
Electromagnetic Contactor market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Electromagnetic Contactor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Electromagnetic Contactor market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Type
AC Contactors
DC Contactors

Segment by Application
Industrial Electric Motors
Lighting Automation

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Schneider Electric
ABB
Siemens
Eaton
CHINT Group
Fuji Electric
Delixi Electric
LS ELECTRIC
Mitsubishi
Tengen Group
Tianshui 213 Electrical
Nader

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1 Study Coverage
1.1 Electromagnetic Contactor Product Introduction
1.2 Market by Type
1.2.1 Global Electromagnetic Contactor Market Size Growth Rate by Type
1.2.2 AC Contactors
List of Tables
Table 1. Global Electromagnetic Contactor Market Size Growth Rate by Type, 2016 VS 2021 VS 2027 (US$ Million)
Table 2. Major Manufacturers of AC Contactors
Table 3. Major Manufacturers of DC Contactors
Table 4. Global Electromagnetic Contactor Market Size Growth Rate by Application (2021-2027) & (M Units)
Table 5. Global Electromagnetic Contactor Market Size by Region (M Units) & (US$ Million), 2016 VS 2021 VS 2027

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