Vacuum Interrupter Market is Expected to Grow at A CAGR of 6.0%

Date: 2015-10-12

“This report estimates the vacuum interrupter market in terms of value in USD million. The overall vacuum interrupter market is expected to grow at a CAGR of 6.0% from 2015 to 2020. The market has been classified on the basis of application, end-user, and region, which has been further divided on the basis of countries. Moreover, there is an in-depth regional country analysis based on the end-user in the market. 

The study has profiled leading players of the industry, along with their recent developments and other strategic industry activities. Some of the key companies’ profiles include ABB Ltd. (Switzerland), Eaton Corporation Plc. (Ireland), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Shaanxi Baoguang Vacuum Electric Device Co., Ltd. (China), LS Industries (South Korea), Wuhan Feite Electronic Co. Ltd. (China) and Toshiba Corporation (Japan).

Asia-Pacific leads the vacuum interrupter market globally with the biggest market share and is expected to grow with a high CAGR among the other regions. This growth is attributed to the growing industrialization and urbanization in the market. There is also a good scope for utilities sector in developed regions like North America and Europe, owing to grid modernization and replacement market for its aging power infrastructure. Oil & Gas are second most growing application for vacuum interrupters as there is growth in exploration and production activities around the globe. The end-users mining and transportation have a considerable combined share in the market.

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