This report focus on LV Block Contactors market.
A contactor is an electrically-controlled switch used for switching an electrical power circuit. A contactor is typically controlled by a circuit which has a much lower power level than the switched circuit, such as a 24-volt coil electromagnet controlling a 230-volt motor switch.
In addition to their current ratings and rating for motor circuit control, contactors often have other construction details not found in relays. Unlike lower-powered relays, contactors generally have special structures for arc-suppression to allow them to interrupt heavy currents, such as motor starting inrush current. Contactors usually have provision for installation of additional contact blocks, rated for pilot duty, used in motor control circuits.
This report contains market size and forecasts of LV Block Contactors in global, including the following market information:
Global LV Block Contactors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LV Block Contactors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five LV Block Contactors companies in 2021 (%)
The global LV Block Contactors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
AC Contactor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LV Block Contactors include ABB, Schneider Electric, Siemens, Lovato Electric, Legrand Group, Hager, Mitsubishi Electric, Eaton and Rockwell Automation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LV Block Contactors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LV Block Contactors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LV Block Contactors Market Segment Percentages, by Type, 2021 (%)
AC Contactor
DC Contactor
Global LV Block Contactors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LV Block Contactors Market Segment Percentages, by Application, 2021 (%)
Commercial
Industrial
Residential
Global LV Block Contactors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LV Block Contactors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LV Block Contactors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LV Block Contactors revenues share in global market, 2021 (%)
Key companies LV Block Contactors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies LV Block Contactors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Schneider Electric
Siemens
Lovato Electric
Legrand Group
Hager
Mitsubishi Electric
Eaton
Rockwell Automation
Ghisalba
Terasaki Electric
ZEZ SILKO
Joslyn Clark
WEG
CHINT Electrics