Global Vacuum Contactor Market Size & Outlook, 2023-2030

The vacuum contactor industry worldwide is expected to reach a projected revenue of US$ 6,651.6 million by 2030. A compound annual growth rate of 6.6% is expected of the worldwide vacuum contactor industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,256.4
Forecast, 2030 (US$M)
$6,651.6
CAGR, 2024 - 2030
6.6%
Report Coverage
Worldwide

Global vacuum contactor market, 2018-2030 (US$M)

Global vacuum contactor market highlights

  • The global vacuum contactor market generated a revenue of USD 4,256.4 million in 2023 and is expected to reach USD 6,651.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
  • In terms of segment, motors accounted for a revenue of USD 4,256.4 million in 2023.
  • Motors is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 4,256.4 million
Market revenue in 2030USD 6,651.6 million
Growth rate6.6% (CAGR from 2023 to 2030)
Largest segmentMotors
Fastest growing segmentMotors
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMotors

Other key industry trends

  • In terms of revenue, the North America accounted for 22.1% of the global vacuum contactor market in 2023.

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Vacuum Contactor Market Scope

Vacuum contactor market segmentation & scope
Transformers
Capacitors
Reactors
Other Application
End Use
Utilities
Industrial
Oil & Gas
Mining
Other End Use
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Vacuum Contactor Market Companies

Name Profile # Employees HQ Website

Global vacuum contactor market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vacuum contactor market will help companies and investors design strategic landscapes.


Motors was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global vacuum contactor market based on motors covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Vacuum Contactor Application Outlook (Revenue, USD Million, 2018-2030)
    • Motors
    • Transformers
    • Capacitors
    • Reactors
    • Other Application
  • Global Vacuum Contactor End Use Outlook (Revenue, USD Million, 2018-2030)
    • Utilities
    • Industrial
    • Oil & Gas
    • Mining
    • Other End Use

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Horizon Databook provides a detailed overview of global-level data and insights on the Global vacuum contactor market , including forecasts for subscribers. This global databook contains high-level insights into Global vacuum contactor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global vacuum contactor market size, by regions, 2018-2030 (US$M)

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