New York City, NY: Jun 19, 2019 – Published via (Wired Release) – Vacuum interrupters are devices used to regulate current mostly in medium voltage switches, and is used in various end-use industries. Vacuum interrupters are among the core components of medium-voltage switches, and electrical contacts are sealed in a vacuum. Vacuum interrupters are mainly used in utility power transmission systems, power distribution systems for railway, and industrial plants.
The first five-year cumulative revenue (2017–2021) is projected to be US$ 9.7 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period. The global vacuum interrupters market is estimated to value US$ 1.6 Bn in 2017 and is projected to register a CAGR of 6.2% in terms of value during the forecast period 2017–2026.
Increasing adoption of smart grid technology across the globe and increasing number of data centers globally are major factors driving growth of the global vacuum interrupters market. In addition, rising environmental concerns and development of eco-friendly products as compared to other alternatives are another factors driving growth global vacuum interrupters market.
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Global Vacuum Interrupters Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global vacuum interrupters market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global vacuum interrupters market is expected to expand at a CAGR of 6.2% during the forecast period.
Global Vacuum Interrupters Market: Segmental Snapshot
The market report has been segmented on the basis of application, end use industry, and region. The application segment includes circuit breakers, contactors, load break switches, tap changers, reclosers, and others (generator breakers and railway breakers). The end use industry segment includes utilities, oil & gas, mining, transportation, and others (wind turbines and data centers). The regions/countries covered in the analysis are North America, China, Europe, Southeast Asia, Japan, and India.
By application: The circuit breakers segment accounted for highest revenue share contribution in 2016, as compared to other type segments, and is expected to register a CAGR of over 6% between 2017 and 2026 as circuit breakers made using vacuum interrupters have longer span of life, gas emissions are relatively lower, and are maintenance-free, unlike other types of circuit breakers.
By End use industry: The utilities segment is projected to account for highest revenue share as compared to that of other end use industry segments, and register a CAGR of around 6% over the forecast period owing to advantages such as high reliability, excellent switching capabilities with long electrical and mechanical life.
By region: The market in North America accounted for highest revenue share in the global vacuum interrupters market in 2016, and is expected to register a CAGR of over 6% between 2017 and 2026 owing to the presence of prominent vacuum interrupter manufacturers in the region.
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Global Vacuum Interrupters Market: Competitive Analysis
The research report on the global vacuum interrupters market includes profiles of some of the major companies such as ABB Ltd., Eaton Corporation Plc, Meidensha Corporation, Schneider Electric SE, Siemens AG, Alstom SA, CoorsTek Inc., Toshiba Corporation, Turner Electric, Crompton Greaves Limited, Mitsubishi Electric Corporation, General Electric, and Tavrida Electric
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from Wired Release http://bit.ly/2FjppAg
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