Growing demand for efficient and reliable power distribution solution is projected to fuel the growth of the global vacuum contactor market at a CAGR of 6.1% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Vacuum Contactor Market”.

The vacuum contactor market is estimated to register a CAGR of 6.1% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global vacuum contactor market— Eaton Corporation, ABB, Mitsubishi Electric, Toshiba Corporation, General Electric, Schneider Electric, Siemens, Rockwell Automation, Inc., LS Electric Co., Ltd., Larsen and Toubro Ltd.

Market Highlights

The global vacuum contactor market accounted to register a CAGR of 6.1% during the forecast period and is estimated to reach USD 9,536.5 million by 2032.

The development of compact and lightweight Vacuum contactor is one of the important trends in the market expansion, especially in the industrial and commercial sector. To maintain their position in the vacuum contactor business, major players are concentrating on introducing new and efficient products in the market. For instance, ABB, a leading global technology company, launched the latest addition to its vacuum contactor series, the ConVac 12kV. This new contactor are designed for a wide range of medium-voltage applications, including motor starting, control centers, transformers, soft starters, and capacitor banks. Furthermore, manufacturers are also involved in capacity expansions so as to establish their position in the market. For instance, in October 2023, Eaton invested USD 85 million to expand its North American manufacturing operations to meet growing demand for its utility solutions. This investment helped company to support the energy transition and electrification efforts by increasing the production of critical equipment such as underground protective connectors, transformers, and voltage regulators.

Access full report @ https://www.marketresearchfuture.com/reports/vacuum-contactor-market-7071

Segment Analysis

The global vacuum contactor market has been segmented based on configuration, voltage rating, application, end-user, and Region.

The global vacuum contactor Market segmentation, based on configuration has been segmented as Contactor and Contactor Fuse Combination. Among these, the Contactor Fuse Combination segment is anticipated to dominate the global vacuum contactor market revenue through the projected period as estimated by MRFR analysts. A contactor fuse combination (CFC) is a type of electrical device that combines a contactor and a fuse into a single unit. This helps in providing additional security to the electric circuit. This configuration is particularly beneficial in applications where safety is paramount, such as in mining, chemical processing, and hazardous environments.

In the Voltage Rating segment, the market is categorized as Upto 5 KV, 5-10 KV, 10-15 KV, and Above 15 KV. Out of which the Upto 5 KV segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. Due to their wide applications in low voltage distribution networks, commercial buildings, and industrial facilities, the Upto 5KV vacuum contactors market is anticipated to have considerable revenue growth over the course of the projected period.

In the Application segment, the market is categorized as Motor, Transformer, Capacitor, Reactor, Resistive Loads, and Others. Out of which the Motor segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. Vacuum contactors are essential components in motor starting applications. They ensure smooth and reliable operation by effectively controlling the circuit to connect or disconnect the load from the power supply thus, driving their application in the motors segment over the course of the projected period.

In the End-User segment, the market is categorized as Commercial, Industrial, Utility, Oil & Gas, and Others. Out of which the Utility segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. As vacuum contactors play a vital role in motor control and circuit safety, making them essential components in utility operations thus, driving the utility segment in vacuum contactor market over the course of the projected period.

Regional Analysis

By Region, the vacuum contactor market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia Pacific vacuum contactor market holds a considerable market share and is also forecasted to hold the largest share during the forecast period. The market in Asia Pacific is expected to increase significantly over the projection period due to growing infrastructural development and increasing energy demand in the region. The Asia Pacific region is experiencing rapid economic development and infrastructure expansion. This development includes the construction of commercial buildings, homes, and transportation networks, all of which require reliable electrical systems and motor control. Vacuum contactors play a crucial role in ensuring the smooth operation of electrical equipment in these projects. Furthermore, the growing population and industrialization in the Asia Pacific region have led to an increased demand for energy. Vacuum contactors are used in utilities and power generation facilities to control and protect electrical circuits, making them essential components in meeting the rising energy demand in the region.

Key Findings of the Study

• The global vacuum contactor market is expected to reach USD 9,536.5 million by 2032, at a CAGR of 6.05% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on Configuration, the Contactor Fuse Combination segment was attributed to holding the largest market in 2022.


• Based on Voltage Type, the Upto 5 KV segment was attributed to holding the largest market in 2022.


• Based on Application, the Motor segment was attributed to holding the largest market in 2022.


• Based on End-Use, the Utility segment was attributed to holding the largest market in 2022.


• Eaton Corporation, ABB, Mitsubishi Electric, Toshiba Corporation, General Electric, Schneider Electric, Siemens, Rockwell Automation, Inc., LS Electric Co., Ltd., and Larsen and Toubro Ltd. are the key market players.