Global Vacuum Interrupters Market: Industry Analysis and Forecast (2020-2026) – by Rated Voltage, Application, End-User, and Region.

Global Vacuum Interrupters Market is expected to grow at a CAGR of 5.19% during the forecast period. Global Vacuum Interrupters Market is expected to reach US$ 4.54 Bn. by2026. The global Vacuum Interrupters market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Vacuum Interrupters report also provides trends by market segments, technology, and investment with a competitive landscape.

Overview of Vacuum Interrupters (VIs):

The arc quenching process used by a vacuum circuit breaker distinguishes it from other circuit breakers. The interruption of current flowing through the arc occurs in a vacuum of this type. This technique is commonly employed in medium-voltage applications. Although vacuum circuit breakers are suited for high voltage applications, they are currently not commercially viable. A vacuum interrupter is used in a vacuum circuit breaker. This electrical product has established a stronghold in the field of distribution circuit switching and protection. Even switching products that operate at transmission voltages are using VIs. Compactness, application range, low cost, excellent electrical and mechanical life, and ease of application are only a few of the reasons for the VI's popularity.

Global Vacuum Interrupters Market Dynamics:

The growth of transmission and distribution networks, as well as the increasing rate of industrialization and urbanization, is the primary factor driving the global vacuum interrupter market. Many large companies, like ABB, Siemens, and Eaton, are focusing their efforts on negotiating contracts and agreements with utilities and industries to deliver vacuum interrupter switches and vacuum circuit breakers. For instance, in July 2020, ABB widens its market-leading portfolio of medium-voltage circuit breakers with the introduction of the VD4-CS with servomotor actuation and new, space-saving vacuum interrupter technology. Vacuum interrupters are likely to drive the market throughout the forecast years due to features such as no fire dangers, no gas emission (unlike oil circuit breakers (OCB) and air blast circuit breakers (ABCB), and noiseless functioning). In addition, the upgrade and modernization of aging infrastructure for safe and secure electrical distribution systems are expected to drive the market during the forecasted period. Furthermore, the expansion of transmission and distribution networks represents a growth opportunity for the vacuum interrupter. Some certain constraints and challenges can hinder market growth. Risks associated with device failure, the availability of less expensive & alternative products, and the absence of existing government policies are likely to act as market restraints.

The Global Vacuum Interrupter Market: The Impact of COVID-19

The COVID-19 pandemic has hindered the power industry's growth. This is mostly owing to countrywide lockdowns enacted to prevent the transmission of the sickness from spreading further. The renewable energy industry, which had been developing at a rapid rate until recently, has been slowing down in recent months. This slowdown is primarily due to economic downturns, which have resulted in lower power consumption from a variety of end-user industries. With lower electricity demand, utilities are expected to make very small investments in replacing aging grid infrastructure and installing new renewables.

Global Vacuum Interrupters Market Segmentation:

Global Vacuum Interrupters Market To know about the Research Methodology :- Request Free Sample Report Based on the application, the vacuum interrupters market is segmented into a circuit breaker, contactor, recloser, load break switch, tap changer, and others. The circuit breaker sector is expected to be the largest market by application, with a CAGR of XX % over the forecast period. For medium voltage switchgear, the vacuum circuit breaker is often regarded as the most dependable current interruption device. In comparison to other circuit breaker technologies, it requires minimal maintenance, which is expected to drive market demand over the forecast period. The market for vacuum circuit breakers is fueled by rising power consumption, increased technological demand from the distribution sector, and the aging of traditional oil and air circuit breakers.

The demand for vacuum circuit breakers in the market:

During the forecast period, the vacuum circuit breakers market is likely to be driven by a steady demand for electricity, rigorous standards for operational safety, an increase in demand for modular and package substations over remote onshore oil and gas drilling locations, a growing need for effective load management, and the need for renewable energy to be connected to the grid. In March 2020, Lucy electric's air-insulated switchgear portfolio included Egide, an innovative onboard vacuum circuit breaker. Egide is equipped with a vacuum interrupter circuit breaker that has a high electrical capacity and was developed exclusively for the South American market. Egide's high performance enables good short circuit current isolation and interruption. Global Vacuum Interrupters Market 1

Global Vacuum Interrupters Market Regional Insights:

By 2026, Asia Pacific is expected to be the largest vacuum interrupter market. China, India, Japan, and South Korea are among the key countries regarded to be the primary vacuum interrupter manufacturing hubs. This region has experienced remarkable economic development in recent years. Furthermore, rising expenditures in smart grid technologies, including distribution grid automation, smart meters, and demand response systems in countries like Japan, South Korea, and Australia are expected to provide growth possibilities for the vacuum interrupter market throughout the projection period.

Recent Developments in the region:

• The hotspots were Japan, South Korea, and India. Japan and South Korea have aggressive smart meter installation goals. “Four Utilities” in Japan intends to install 27 million meters by 2024, while “KEPCO” in South Korea intends to install 26 million by 2020. • Following Victoria’s 3 million smart meter rollout, other Australian governments have been hesitant to follow the same path. Between 2018 and 2025, Australia and New Zealand (ANZ) was scheduled to install roughly half a million meters each year. • 3,60,000 smart meters were installed in Southeast Asia in 2017, with the number expected to treble by 2020. Between 2018 and 2020, the primary markets were Singapore, Thailand, Malaysia, and the Philippines. The objective of the report is to present a comprehensive analysis of the Global Vacuum Interrupters Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Vacuum Interrupters Market dynamics, structure by analyzing the market segments and project the global Vacuum Interrupters market size. Clear representation of competitive analysis of key players By Rated Voltage, price, financial position, product portfolio, growth strategies, and regional presence in the Global Vacuum Interrupters Market make the report investor’s guide.

Global Vacuum Interrupters Market Scope: Inquire before buying

Global Vacuum Interrupters Market 3

Global Vacuum Interrupters Market, By Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Global Vacuum Interrupters Market Key Players

• ABB • Eaton • Siemens AG • Crompton Greaves Limited • LS Industrial System • Shaanxi Baoguang Vacuum Electric Device Company Limited • Meidensha Corporation • Mitsubishi Electric Corporation • Toshiba Corporation • ACTOM • Wuhan Feite Electric Company Limited • Chengdu Zuguang Electronics Company Limited • Shaanxi Joyelectric International Company Limited • Kirloskar Electric Company • LSIS Co. Ltd. • Other Key Players
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Vacuum Interrupters Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Vacuum Interrupters Market 3.4. Geographical Snapshot of the Vacuum Interrupters Market, By Manufacturer share 4. Global Vacuum Interrupters Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Vacuum Interrupters Market 5. Supply Side and Demand Side Indicators 6. Global Vacuum Interrupters Market Analysis and Forecast, 2019-2026 6.1. Global Vacuum Interrupters Market Size & Y-o-Y Growth Analysis. 7. Global Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 7.1.1. 0–15 kV 7.1.2. 15–30 kV 7.1.3. Above 30 kV 7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 7.2.1. Circuit Breaker 7.2.2. Contactor 7.2.3. Recloser 7.2.4. Load Break Switch 7.2.5. Tap Changer 7.2.6. Others 7.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 7.3.1. Utilities 7.3.2. Oil & Gas 7.3.3. Mining 7.3.4. Transportation 7.3.5. Others 8. Global Vacuum Interrupters Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 9.1.1. 0–15 kV 9.1.2. 15–30 kV 9.1.3. Above 30 kV 9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 9.2.1. Circuit Breaker 9.2.2. Contactor 9.2.3. Recloser 9.2.4. Load Break Switch 9.2.5. Tap Changer 9.2.6. Others 9.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 9.3.1. Utilities 9.3.2. Oil & Gas 9.3.3. Mining 9.3.4. Transportation 9.3.5. Others 10. North America Vacuum Interrupters Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 12. Canada Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 13. Mexico Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 14. Europe Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 15. Europe Vacuum Interrupters Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 17. France Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 18. Germany Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 19. Italy Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 20. Spain Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 21. Sweden Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 22. CIS Countries Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 23. Rest of Europe Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 24. Asia Pacific Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 25. Asia Pacific Vacuum Interrupters Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 27. India Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 28. Japan Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 29. South Korea Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 30. Australia Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 31. ASEAN Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 32. Rest of Asia Pacific Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 33. Middle East Africa Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 34. Middle East Africa Vacuum Interrupters Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 36. GCC Countries Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 37. Egypt Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 38. Nigeria Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 39. Rest of ME&A Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 40. South America Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 41. South America Vacuum Interrupters Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 43. Argentina Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 44. Rest of South America Vacuum Interrupters Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Rated Voltage, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Vacuum Interrupters Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. LS Industrial System 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. ABB 45.3.3. Eaton 45.3.4. Siemens AG 45.3.5. Crompton Greaves Limited 45.3.6. Shaanxi Baoguang Vacuum Electric Device Company Limited 45.3.7. Meidensha Corporation 45.3.8. Mitsubishi Electric Corporation 45.3.9. Toshiba Corporation 45.3.10. ACTOM 45.3.11. Wuhan Feite Electric Company Limited 45.3.12. Chengdu Zuguang Electronics Company Limited 45.3.13. Shaanxi Joyelectric International Company Limited 45.3.14. Kirloskar Electric Company 45.3.15. LSIS Co. Ltd. 45.3.16. Other Key Players 46. Primary Key Insights

About This Report

Report ID 101766
Category Electronics
Published Date May 2021
Updated Date
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