PUNE, India, October 8, 2015 /PRNewswire/ --
The report "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", published by MarketsandMarkets, The global Vacuum Interrupter Market will grow from an estimated value of USD 1.54 Billion in 2015 to USD 2.05 Billion by 2020 with a CAGR of 6.0% from 2015 to 2020.
Browse 70 market data Tables and 44 Figures spread through 149 Pages and in-depth TOC on "Vacuum Interrupter Market"
Early buyers will receive 10% customization on this report.
The market study on vacuum interrupter defines and segments the market with regional forecast and segment revenue estimates through to 2020. Top market players from the industry segment have been studied in order to track developments, technologies, and other key business strategies that define the vacuum interrupter market environment.
The vacuum interrupter is used for those applications that require very frequent switching operations, and very high endurance. The global vacuum interrupter market will grow from an estimated value of USD 1.54 Billion in 2015 to USD 2.05 Billion by 2020 with a CAGR of 6.0% from 2015 to 2020.
Asia-Pacific: The largest market for vacuum interrupter
The Asia-Pacific region holds the largest market for vacuum interrupter, driven largely by the number of transmission and distribution line upgradations and developments especially in the South East Asian region. The other major drivers include increasing power demand, industrialization and urbanization, and rapid development in the commercial sector in countries such as China, India, Japan, and South Korea.
Utilities: Biggest market by end-users
Vacuum interrupters are mostly used in power plants, transmission, and distribution substations of power utility companies. With the growing transmission and distribution network across globe, the number of substations will keep on increasing. This increasing number of substations would further increase the use and demand of vacuum contactors, vacuum circuit breakers, load break switches, reclosers and tap changers where interrupters are installed.
Download Free Sample Pages: http://www.marketsandmarkets.com/requestsample.asp?id=175559641
The vacuum interrupter industry is fragmented and offers several opportunities for consolidation and growth in efficiency through an increase in economies of scale. The industry has low entry and exit barriers, which acts as a driver for the vacuum interrupter market. The VI market was dominated by ABB Ltd. (Switzerland), Siemens AG (Germany), Shaanxi Baoguang Vacuum Electric Device Co., Ltd. (China), LS Industries (South Korea), Toshiba (Japan), Wuhan Feite Electronic Co. Ltd. (China) and Eaton Corporation (Ireland).
Browse Related Reports
Vacuum Contactor Market by Voltage (<5kV, 5-10kV, 10-15kV, >15kV), by Application (Motors, Transformers, Capacitors, Reactors, Resistive Loads), by End-user (Utilities, Industrial, Commercial, Oil & Gas, Mining) & Region - Global Trends & Forecasts to 2020
Market for Disconnect Switch by Type (Fused, Non-Fused), by Mount (Panel Mounted, DIN Rail Mounted, Others), by Voltage (Low, Medium, High), by Application (Industrial, Commercial), and by Region - Global Trends & Forecast to 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets