Auxiliary Contactor Market Key Players Analysis 2031
The load contactor is commonly used as a main contactor and it can handle the load up to 600A/AC 1. Whereas, the auxiliary contactors are designed for switching the currents up to 6 A. The auxiliary contactor is a low power relay but it built like a regular contactor and when it is used together with another contactor then it is known as an auxiliary contactor. The auxiliary contactors are not used for switching loads but has activation, deactivation and control functions. The auxiliary contactors have not the main contacts they only have the auxiliary contacts.
MARKET DYNAMICS
The key market drivers for auxiliary contactor market are, rising demand of auxiliary contactor in vehicles and other machines for automation and controlling process, growing demand from SMEs and other industry verticals along with technological advancements. Whereas, chances of physical damage and corrosion are expected to restrain market growth during the forecast period.
MARKET SCOPE
The "Global Auxiliary Contactor Market Analysis to 2031" is a specialized and in-depth study of the auxiliary contactor Market with a special focus on the global market trend analysis. The report aims to provide an overview of auxiliary contactor market with detailed market segmentation by type and application. The global auxiliary contactor market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading auxiliary contactor market player and offers key trends and opportunities in the auxiliary contactor market.
MARKET SEGMENTATION
The global auxiliary contactor market is segmented on the basis of type and application. On the basis of type the market is segmented as, 6A, 16A, 20A. Further, on the basis of application the market is segmented as, motor application, power switching and other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global auxiliary contactor market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The auxiliary contactor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting auxiliary contactor Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the auxiliary contactor market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global auxiliary contactor market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The auxiliary contactor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting auxiliary contactor Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the auxiliary contactor market in these regions.
MARKET PLAYERS
The reports cover key developments in the auxiliary contactor market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from auxiliary contactor market are anticipated to lucrative growth opportunities in the future with the rising demand for auxiliary contactor market. Below mentioned is the list of few companies engaged in the auxiliary contactor market.
The report also includes the profiles of key auxiliary contactor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Schrack Technik
- ABB
- Eaton Corporation
- Schneider Electric
- Danfoss Industrial Automation
- Schaltbau GmbH
- Toshiba
- WEG Industries
- R. Stahl
- Iskra
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Auxiliary Contactor Market - By Type
1.3.2 Auxiliary Contactor Market - By Application
1.3.3 Auxiliary Contactor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUXILIARY CONTACTOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. AUXILIARY CONTACTOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AUXILIARY CONTACTOR MARKET - GLOBAL MARKET ANALYSIS
6.1. AUXILIARY CONTACTOR - GLOBAL MARKET OVERVIEW
6.2. AUXILIARY CONTACTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUXILIARY CONTACTOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. 6A
7.3.1. Overview
7.3.2. 6A Market Forecast and Analysis
7.4. 16A
7.4.1. Overview
7.4.2. 16A Market Forecast and Analysis
7.5. 20A
7.5.1. Overview
7.5.2. 20A Market Forecast and Analysis
8. AUXILIARY CONTACTOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MOTOR APPLICATION
8.3.1. Overview
8.3.2. Motor Application Market Forecast and Analysis
8.4. POWER SWITCHING
8.4.1. Overview
8.4.2. Power Switching Market Forecast and Analysis
8.5. OTHER
8.5.1. Overview
8.5.2. Other Market Forecast and Analysis
9. AUXILIARY CONTACTOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Auxiliary Contactor Market Overview
9.1.2 North America Auxiliary Contactor Market Forecasts and Analysis
9.1.3 North America Auxiliary Contactor Market Forecasts and Analysis - By Type
9.1.4 North America Auxiliary Contactor Market Forecasts and Analysis - By Application
9.1.5 North America Auxiliary Contactor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Auxiliary Contactor Market
9.1.5.1.1 United States Auxiliary Contactor Market by Type
9.1.5.1.2 United States Auxiliary Contactor Market by Application
9.1.5.2 Canada Auxiliary Contactor Market
9.1.5.2.1 Canada Auxiliary Contactor Market by Type
9.1.5.2.2 Canada Auxiliary Contactor Market by Application
9.1.5.3 Mexico Auxiliary Contactor Market
9.1.5.3.1 Mexico Auxiliary Contactor Market by Type
9.1.5.3.2 Mexico Auxiliary Contactor Market by Application
9.2. EUROPE
9.2.1 Europe Auxiliary Contactor Market Overview
9.2.2 Europe Auxiliary Contactor Market Forecasts and Analysis
9.2.3 Europe Auxiliary Contactor Market Forecasts and Analysis - By Type
9.2.4 Europe Auxiliary Contactor Market Forecasts and Analysis - By Application
9.2.5 Europe Auxiliary Contactor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Auxiliary Contactor Market
9.2.5.1.1 Germany Auxiliary Contactor Market by Type
9.2.5.1.2 Germany Auxiliary Contactor Market by Application
9.2.5.2 France Auxiliary Contactor Market
9.2.5.2.1 France Auxiliary Contactor Market by Type
9.2.5.2.2 France Auxiliary Contactor Market by Application
9.2.5.3 Italy Auxiliary Contactor Market
9.2.5.3.1 Italy Auxiliary Contactor Market by Type
9.2.5.3.2 Italy Auxiliary Contactor Market by Application
9.2.5.4 United Kingdom Auxiliary Contactor Market
9.2.5.4.1 United Kingdom Auxiliary Contactor Market by Type
9.2.5.4.2 United Kingdom Auxiliary Contactor Market by Application
9.2.5.5 Russia Auxiliary Contactor Market
9.2.5.5.1 Russia Auxiliary Contactor Market by Type
9.2.5.5.2 Russia Auxiliary Contactor Market by Application
9.2.5.6 Rest of Europe Auxiliary Contactor Market
9.2.5.6.1 Rest of Europe Auxiliary Contactor Market by Type
9.2.5.6.2 Rest of Europe Auxiliary Contactor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Auxiliary Contactor Market Overview
9.3.2 Asia-Pacific Auxiliary Contactor Market Forecasts and Analysis
9.3.3 Asia-Pacific Auxiliary Contactor Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Auxiliary Contactor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Auxiliary Contactor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Auxiliary Contactor Market
9.3.5.1.1 Australia Auxiliary Contactor Market by Type
9.3.5.1.2 Australia Auxiliary Contactor Market by Application
9.3.5.2 China Auxiliary Contactor Market
9.3.5.2.1 China Auxiliary Contactor Market by Type
9.3.5.2.2 China Auxiliary Contactor Market by Application
9.3.5.3 India Auxiliary Contactor Market
9.3.5.3.1 India Auxiliary Contactor Market by Type
9.3.5.3.2 India Auxiliary Contactor Market by Application
9.3.5.4 Japan Auxiliary Contactor Market
9.3.5.4.1 Japan Auxiliary Contactor Market by Type
9.3.5.4.2 Japan Auxiliary Contactor Market by Application
9.3.5.5 South Korea Auxiliary Contactor Market
9.3.5.5.1 South Korea Auxiliary Contactor Market by Type
9.3.5.5.2 South Korea Auxiliary Contactor Market by Application
9.3.5.6 Rest of Asia-Pacific Auxiliary Contactor Market
9.3.5.6.1 Rest of Asia-Pacific Auxiliary Contactor Market by Type
9.3.5.6.2 Rest of Asia-Pacific Auxiliary Contactor Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Auxiliary Contactor Market Overview
9.4.2 Middle East and Africa Auxiliary Contactor Market Forecasts and Analysis
9.4.3 Middle East and Africa Auxiliary Contactor Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Auxiliary Contactor Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Auxiliary Contactor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Auxiliary Contactor Market
9.4.5.1.1 South Africa Auxiliary Contactor Market by Type
9.4.5.1.2 South Africa Auxiliary Contactor Market by Application
9.4.5.2 Saudi Arabia Auxiliary Contactor Market
9.4.5.2.1 Saudi Arabia Auxiliary Contactor Market by Type
9.4.5.2.2 Saudi Arabia Auxiliary Contactor Market by Application
9.4.5.3 U.A.E Auxiliary Contactor Market
9.4.5.3.1 U.A.E Auxiliary Contactor Market by Type
9.4.5.3.2 U.A.E Auxiliary Contactor Market by Application
9.4.5.4 Rest of Middle East and Africa Auxiliary Contactor Market
9.4.5.4.1 Rest of Middle East and Africa Auxiliary Contactor Market by Type
9.4.5.4.2 Rest of Middle East and Africa Auxiliary Contactor Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Auxiliary Contactor Market Overview
9.5.2 South and Central America Auxiliary Contactor Market Forecasts and Analysis
9.5.3 South and Central America Auxiliary Contactor Market Forecasts and Analysis - By Type
9.5.4 South and Central America Auxiliary Contactor Market Forecasts and Analysis - By Application
9.5.5 South and Central America Auxiliary Contactor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Auxiliary Contactor Market
9.5.5.1.1 Brazil Auxiliary Contactor Market by Type
9.5.5.1.2 Brazil Auxiliary Contactor Market by Application
9.5.5.2 Argentina Auxiliary Contactor Market
9.5.5.2.1 Argentina Auxiliary Contactor Market by Type
9.5.5.2.2 Argentina Auxiliary Contactor Market by Application
9.5.5.3 Rest of South and Central America Auxiliary Contactor Market
9.5.5.3.1 Rest of South and Central America Auxiliary Contactor Market by Type
9.5.5.3.2 Rest of South and Central America Auxiliary Contactor Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUXILIARY CONTACTOR MARKET, KEY COMPANY PROFILES
11.1. SCHRACK TECHNIK
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ABB
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EATON CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SCHNEIDER ELECTRIC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DANFOSS INDUSTRIAL AUTOMATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SCHALTBAU GMBH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TOSHIBA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. WEG INDUSTRIES
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. R. STAHL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ISKRA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Schrack Technik
2. ABB
3. Eaton Corporation
4. Schneider Electric
5. Danfoss Industrial Automation
6. Schaltbau GmbH
7. Toshiba
8. WEG Industries
9. R. Stahl
10. Iskra
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For