Low Voltage Vacuum Contractor Market Size, Share, Industry Growth 2023-2030


General Electric Company, Siemens AG, Toshiba Corporation, ABB Ltd., Mitsubishi Electric Corporation, etc are some of the major key players.

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Low Voltage Vacuum Contractor Market Value and CAGR

An electrical switching device used to manage low-voltage electrical circuits is called a Low Voltage Vacuum Contactor (LVVC). It operates in a vacuum environment to avoid forming arcs when opening or closing the contacts. To ensure secure and dependable switching operations, LVVCs are frequently used in a variety of industrial and commercial applications.

Low Voltage: A voltage level below 1000 volts of alternating current (AC) or 1500 volts of direct current (DC) is typically referred to as common voltage when discussing electrical systems. Lighting, control systems, security systems, and other electronic uses all frequently make use of these systems.

Electrical switching equipment used to regulate electrical circuits is known as a Hoover contractor. To avoid the occurrence of arcs when opening or closing the contacts, it operates in a vacuum environment. In order to ensure secure and dependable switching operations, this kind of contractor is frequently used in medium- to high-voltage applications.

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The following are some essential qualities and traits of low-voltage vacuum contactors:

  • Low Voltage Rating: LVVCs are made to withstand relatively low voltage levels, usually less than 1500 volts DC or 1000 volts AC (alternating current). They are frequently used in low-voltage electronics, lighting systems, motor controls, and other applications where the voltage requirements are low.
  • Vacuum technology: LVVCs use vacuum interrupters rather than standard air- or gas-based contactors. A sealed chamber with contacts that open and close in a vacuum is a vacuum interrupter. A reliable and long-lasting switching mechanism is ensured by the absence of air or gas in the chamber, which prevents the formation of an arc when the contacts separate.
  • When electrical contacts open or close, there is a chance that an electric arc could form between them. This is known as arc quenching. The switching process is safe and causes less damage to the contacts thanks to the vacuum technology employed in LVVCs.

Low Voltage Vacuum Contractor Market Growth Drivers and Risks

These Growth Drivers:

  • Increasing Industrial Automation: As industries continue to adopt mechanization technologies, there is a growing need for trustworthy and efficient low-voltage switching resolutions. To control motors, solenoids, lighting, and other automation components, low-voltage vacuum contactors are essential.
  • Initiatives for Energy Efficiency: Businesses and governments worldwide are focusing heavily on energy efficiency, by facilitating effective switching and minimizing energy losses in electrical systems, low-voltage vacuum contactors aid in optimizing energy consumption.

These Risks:

  • Competition from Alternative Technologies: Air-based contactors and solid-state relays are two switching technologies that compete with low-voltage vacuum contactors. For manufactories to stay competitive in the market, they must continuously innovate.
  • Fluctuating Raw Material Costs: Manufacturers' profit margins may be impacted by changes in the cost of the raw materials used to make LVVCs. Prices are especially relevant when it comes to materials like copper, aluminium, and insulating materials.

Low Voltage Vacuum Contractor Market Keyplayers

By Company

  • General Electric Company
  • Siemens AG
  • Toshiba Corporation
  • ABB Ltd.
  • Mitsubishi Electric Corporation

Low Voltage Vacuum Contractor Market Segmentations

Segment by Type

  • 1P
  • 2P
  • 3P
  • 4P
  • 5P

Segment by Application

  • Utilities
  • Industrial
  • Commercial
  • Oil & Gas
  • Mining

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Published in

Electronics

Published on

Jul 29, 2023

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