Auxiliary Contactors Market Size, Share & Industry Analysis, By Current Type (6A, 16A, 20A), By Voltage Type (Low, Medium, High), By Application (Motor, Power Switching, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105648 | Status : Ongoing

KEY MARKET INSIGHTS

An auxiliary contactor is an electromechanical device that is used for switching electric power to connect/disconnect a circuit and is used with another contractor. Unlike relays, the auxiliary contactors are designed for directly connecting the to the high load current devices and feature to control the arc produced when surpassing high motor current. The growing electrical and automotive industry is expected to drive the demand for auxiliary capacitors for various electrical devices.

Based on the current type, the market is segmented into 6A, 16A, 20A. The 6A operational current type is expected to dominate the global auxiliary contactor market owing to its less power consumption capacity for direct control outputs, other than that they are perfectly adapted for various applications including PLC control.

Based on the voltage type, the auxiliary contactor market is segmented into low voltage, medium voltage, and high voltage contactors. The low voltage segment is anticipated to dominates the market due to the wide range of usage in applications like motors, commercial buildings, and utilities for remotely controlling and protecting other electric loads with a normal power supply. The segment is driven by the increasing focus on commercial and industrial activities specifically in the Asia Pacific region.

Based on the application, the market is segmented into motor application, power switching, and others. The motor application segment is anticipated to dominates the market owing to often used in a relay logic circuit or some part of the motor scheme for switching the power supply for quality power implementation, directly affecting the demand for the auxiliary contract.

The rising demand for auxiliary contactors in the automotive, machine, and other applications for automation and controlling process along with technological advancements drive the demand for auxiliary contactors.

The excess current due to overloading or short-circuit of the current may cause mechanical damage to the contactors, which acts as the major restraints for auxiliary contactors.

Key Market Driver -

The increasing demand for automation in various industries

Key Market Restraint -

The capacity of wiring while switching the current hinders the market

Key players covered:

Some of the major companies that are present in the global auxiliary contactor market are ABB, Eaton Corporation, Schneider Electric, Danfoss Industrial Automation, Toshiba, Omron, GE, Phoenix Contact, Schrack Technik International, WEG, Iskra, and Electronic Relays India (ERI)

Regional analysis:

The auxiliary contactor market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market in terms of demand for the auxiliary contactor due to the higher demand for motor breakers in nations like India, China, and Indonesia, leading to automation in the automotive, machine, and other industries across the region. Following Asia-Pacific, North America & Europe focuses on renewable energy projects and energy-efficient sectors; to connect the main grid with the renewable energy source, in support of electrification and transportation of electric supply across the region, which might have an impact on auxiliary contactor to meet the demand.

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Segmentation

ATTRIBUTE	DETAILS
By Current Type	6A 16A 20A
By Voltage Type	Low Medium High
By Application	Motor Power Switching Others
By Geography	North America (the USA and Canada) Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe) Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC, and Rest Of The Middle East & Africa)

Key Industry Developments

On 29 April 2021, Hitachi ABB has signed the landmark agreement with GE. The agreement focuses on reducing the environmental impact due to the electric transmission industry, owing to reduce the greenhouse effects and maintaining the networks with the auxiliary contractors and other equipment.

On 16 April 2021, Schneider Electric releases a new version of its EcoStruxure automation expert. The new advancement includes improving auxiliary contracts, which has resulted in better reliability in harsh environmental conditions and conforms to high-density PLC input applications.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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