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DC Contactor Market Share

Report ID: GMI7212
Published Date: Oct 2023
Report Format: PDF

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DC Contactor Market Share

Siemens, TE Connectivity Sensata Technologies, Inc, Mitsubishi Electric Corporation & ABB holds the majority share in the DC contactor business. The industry is marked by both established global players and regional companies, where the competition is driving innovation and efficiency, benefiting customers in terms of better technology and competitive pricing across the end use segment:

TE Connectivity
Siemens
Toshiba International Corporation
Schneider Electric
Fuji Electric FA Components & Systems Co., Ltd.
LS ELECTRIC
Sensata Technologies, Inc.
Curtiss-Wright
GEYA Electrical Equipment Supply
Eaton
L&T
Schaltbau
ABB
Mitsubishi Electric Corporation
K.A. Schmersal GmbH & Co. KG
LOVATO Electric S.p.A.
Carlo Gavazzi
RockwellAutomation

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market valuation of DC Contactor was crossed USD 506.6 million in 2023 and will register over 6.8% CAGR from 2024 to 2032, due to the rising incorporation of contactors into HVAC systems and the increasing desire for energy-efficient and intelligent HVAC solutions worldwide.

The general purpose type segment will register over 6.4% CAGR from 2023 to 2032, on account of the developing industrial automation sector, and a growing emphasis on safety and reliability at electrical terminals across diverse end industries.

Asia Pacific market for DC contactor registered over 7.1% CAGR from 2023 to 2032, owing to the economic expansion, industrial development, environmental concerns, technological progress, and the emergence of new applications, in the region.

TE Connectivity, Siemens, Toshiba International Corporation, Schneider Electric, Fuji Electric FA Components & Systems Co., Ltd., LS ELECTRIC, Sensata Technologies, Inc., Curtiss-Wright, and GEYA Electrical Equipment Supply, are some of the major DC contactor companies worldwide.