Sealed Contactor Market

Sealed Contactor Market: Introduction

• The sealed contactor consists of a hermetically sealed housing with a flat head that has internal components for changing the state of the contactor. The terminals are electrically connected to internal components to interconnect internal circuits and apply electrical signals to control the state of the contactor.
• Contactors are electrical devices used to turn electrical circuit on or off. They are considered as a special type of relay. However, the basic difference between relays and contactors is that contactors are employed in higher current capacity applications, while relays are used in lower current applications.
• The contactor is compact in size and easy to install. In general, these electrical appliances have multiple contacts. These contacts are usually open in most cases, and when the contactor coil is energized, it powers the load. Contactors are most commonly used to control electric motors.
• There are various types of contactors, each with unique characteristics, functions, and applications. Contactors can cut off a large range of currents from a few amps to thousands of amps and voltages from 24 VDC to 1000 volts.
• Contactors are available in a variety of sizes, ranging from handheld dimensions to sizes measuring a meter
• They are extensively utilized is high-current loads. Contactors are known for their ability to handle currents greater than 5,000 amps and power higher than 100 kW. Heavy motor currents generate arcs when interrupted. These arcs can be reduced and controlled using contactor.
• Sealed contactors are employed in numerous applications such as heaters, lighting equipment, motor control, air conditioners, refrigerators, compressors, etc.

Rising Demand for Sealed Contactor in Mining Industry

• Based on end-use industry, the global market can be segmented into consumer electronics, energy and utilities, mining, chemicals, semiconductor, oil and gas, automotive, industrial, and others
• The mining segment is estimated to expand at a rapid pace during the forecast period due to a rise in use of sealed contactors for long wall mining equipment, continuous miners, and conveyors, open pit mining, pumping, crushers, power centers, and other related equipment
• Sealed contactors also offer several advance features such as maximum ac switching voltage, maximum DC switching voltage, maximum switching current, etc.
• In an environment where dirt, dust, gas, and other particles can fill the air, covering the arc greatly reduces these harmful risks, which is further propelling the market

Asia Pacific to Lead Global Sealed Contactor Market

• In terms of region, the global sealed contactor market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• The sealed contactor market in Asia Pacific is anticipated to expand at a high growth rate during the forecast period
• This expansion is attributed to extensive use of sealed contractor in various industries, such as the mining industry, owing to the rising need for innovative and advanced technology in the mining industry. This is projected to fuel the demand for sealed contactor across the globe.
• The sealed contactor market in Asia Pacific is also expected to expand in the near future due to the presence of major players in the region and increased competition among them

Key Players Operating in Global Sealed Contactor Market

Major players operating in global sealed contactor market are focusing on technological advancements and expansions to cater to the rising demand for sealed contactor. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative and advanced technology products.

Key players operating in the global sealed contactor market include:

• TE Connectivity
• Emerson Electric
• Sensata Technologies, Inc.
• Fuji Electric Co., Ltd.
• COMEUP INDUSTRIES Inc.
• Waytek, Inc.
• Trombet, Inc.
• Nijkerk Electronics BV
• Zhejiang Dongya Electronic Co., Ltd
• YueQing Nanfeng Electric Co, Ltd
• Hotson International(HK) ltd

Global Sealed Contactor Market: Research Scope

Global Sealed Contactor Market, by Type

• AC Contactors
• DC Contactors

Global Sealed Contactor Market, by Application

• Heaters
• Lighting Equipment
• Motor Control
• Air conditioners
• Refrigerator
• Others (Compressors, Industrial cleaner etc.)

Global Sealed Contactor Market, by End-use Industry

• Consumer Electronic
• Semiconductors
• Energy and Utilities
• Mining
• Chemicals
• Industrial
• Others (Automotive, Oil and gas etc.)

Global Sealed Contactor Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa