DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8w7nvr/vacuum) has announced the addition of the "Vacuum Interrupter Market by Applications (Circuit Breakers, Contactors, Reclosers, load break switches, and tap changers), by end-users (Oil & Gas, Mining, Utilities and transportation), & by Region - Global Trends & Forecasts to 2020" report to their offering.
The global vacuum interrupter market size is estimated to reach USD 2,052.6 Million by 2020 from USD 1,536.7 Million in 2015.
A vacuum interrupter (VI) is an electronic device that is primarily used to cut out the current arc to prevent the occurrence of accidents and equipment damage. VIs are installed in circuit breakers, switchgears, load break switches, and so on as a key component for interrupting and extinguishing electric current arc.
The drivers of the vacuum interrupter market are influenced by the trends in the process industries, manufacturing industries, aging and maturing power transmission & distribution network in the countries like U.S. and Canada.
This market study covers vacuum interrupter installed in various applications, and end-users for arriving at the global market size from 2013 to 2020. Also the market estimation is again compared with the market arrived from the supply side calculated by considering the annual production capacity of the various players operating in the market.
The report covers the various segments:
On the basis of application: the vacuum interrupter market is classified into six segments: circuit breakers, contactors, reclosers, load break switches, tap changers and others. Others include the applications like DC applications & traction. The major applications of the VIs are in contactors and circuit breakers covering more than 60% of the market share.
On the basis of end-use: the vacuum interrupter market is majorly segmented into five sectors: utilities, oil & gas, mining, transportation & others. The other sector includes data centers and other commercial applications.
On the basis of region: the vacuum interrupter is segmented on the basis of its market presence in the following regions namely North America, South America, Europe, Asia-Pacific, the Middle East and Africa. These regions are further classified on the basis of top countries and their end user analyses have been made. Asia-Pacific held the largest market share owing to growth in industrialization and urbanization, followed by Europe and North America.
For this report, the major players in the market have been identified through secondary and primary research, based on which, their market shares have been evaluated. This includes a study of the annual report of top market players and interviews with key opinion leaders such as CEOs, Directors, and Marketing Executives.
The key players of this industry are ABB Ltd. (Switzerland), Eaton Corporation (Ireland), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Toshiba Corporation (Japan), Baoguang Vacuum Electric Device Co., Ltd. (China), LS Industries (South Korea) and Wuhan Feite Electronic Co. Ltd. (China).
The report caters to:
- VI manufacturers, dealers, and suppliers
- Medium voltage equipment manufacturing companies
- Switchgear and control gear manufacturing companies
- Companies related to the mining industry
- Motor, transformer, and capacitor bank manufacturing companies
- Low-voltage and medium-voltage distribution substations
- Process industries that run motors, transformers, and power factor correction banks on a large scale
For more information visit http://www.researchandmarkets.com/research/8w7nvr/vacuum