DC Contractor Market To Boom Industry Size: 2022, Growth Perspectives, Development Technologies and Innovations by 2028
Posted on Jun 17 2022 4:29 AM
"Companies Profiled in the DC Contactor Market : Omron Corp (Japan), Siemens AG (Germany), Rockwell Automation (U.S.), ABB (Switzerland), TE Connectivity (Switzerland), Mitsubishi Electric (Japan), Sensata Technologies Inc (U.S.), Ametec Switch (U.S.), Hotson International Ltd. (China), TrombettaInc (U.S.), Schaltbau Company (Germany), Cotronics BV (Netherland) "
The global DC contactor market size was USD 320.5 million in 2020. The global market size is projected to rise from USD 306.8 million in 2021 and to USD 521.7 million in 2028 at a CAGR of 7.9% during the forecast period.
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Key Industry Development:
June 2021: Standard Motor Products Inc is a leading distributor and manufacturer in the automotive sector. The company strategically acquired Trombetta for USD 108 million. Implementing this acquisition the company has entered into the switching and power management products.
June 2020: Sensata Technologies introduced a new product range GV210 series of hermetically sealed gas-filled contactors. This allows the company to increase its sales rate by expanding its product portfolio.
DC Contractor Market Report Scope:
REPORT ATTRIBUTE | DETAILS |
---|---|
Market size available for years | 2021-2028 |
CAGR Value | 7.9% |
Base year considered | 2020 |
Historical data | 2017-2019 |
Forecast Period | 2021-2028 |
Quantitative units | Revenue in USD million and CAGR from 2021-20281 |
Segments Covered | Types, Applications, End-Users, and more. |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
Customization scope | Report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Industry Globalization Drivers:
Increasing Urbanization to Stimulate Market Growth in Electronics Sector
The market is anticipated to witness significant growth in the market owing to the rising demand for the installation of HVAC systems. Rising adoption to a comfortable lifestyle and ease of availability of the products is expected to increase product demand in segmented regions. Furthermore, growing industrialization and commercialization in developing countries are likely to foster market growth and expand business reach globally. Increasing urbanization and the adoption of technologically equipped application is likely to boost the market in coming years. These factors are expected to ensure DC contactor market growth.
Impact of COVID-19 on DC Contractor Market:
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends.
Stepping into a Post-COVID Economy: How Energy and Power Industry Will Play an Essential Role in its Recovery. Request Sample PDF
The study provides analysis on market participants including:
- Siemens AG (Germany)
- Rockwell Automation (U.S.)
- TE Connectivity (Switzerland)
- Mitsubishi Electric (Japan)
- Ametec Switch (U.S.)
- Hotson International Ltd. (China)
- Schaltbau Company (Germany)
- Cotronics BV (Netherland)
Highlights of the Report:
Market Penetration: Comprehensive information on the product portfolios of the top players in the DC Contractor Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the DC Contractor Market.
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Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Detailed TOC of Global DC Contractor Market Report 2022
- 1 Report Overview
- Research Scope
- Market Segment by Type
- Global DC Contractor Market Size Growth Rate by Type
- Market Segment by Application
- Global DC Contractor Market Share by Application
- 3.9 Others
- Study Objectives
- Years Considered
- Market Perspective
- Global DC Contractor Market Size (2022-2028)
- Global DC Contractor Market Revenue (2022-2028)
- Global DC Contractor Market Sales (2022-2028)
- Global DC Contractor Market Size across Key Geographies Worldwide:
- Global DC Contractor Market Sales by Regions (2022-2028)
- Global DC Contractor Market Revenue by Regions (2022-2028)
- Global DC Contractor Market Size Forecast by Region
- Global DC Contractor Market Sales Forecast by Region (2022-2028)
- Global DC Contractor Market Revenue Forecast by Region (2022-2028)
- Global Top DC Contractor Market Regions (Countries) Ranking by Market Size
- DC Contractor Market Industry Trends
- DC Contractor Market Trends
- DC Contractor Market Drivers
- DC Contractor Market Challenges
- DC Contractor Market Restraints
- Competitive Landscape by Manufacturers
- Global DC Contractor Market Size by Type
- Global DC Contractor Market Size by Application
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Value Chain and Sales Channels Analysis
- Research Findings and Conclusion
- Appendix
- Global DC Contractor Market Size (2022-2028)
Continued….
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