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(CityRegions.Com, October 19, 2018 ) Low-Voltage Contactor is the transmission of electrical power from a power source to a receiving device without any physical connections. It delivers a number of benefits to users like preventing electric shocks due to the power cord connection’s contacts, and increase the convenience and ubiquity for the charging of everyday devices. In general, there are three types of Low-Voltage Contactor technologies currently existing; radio frequency-based Low-Voltage Contactor, electromagnetic induction and resonant Low-Voltage Contactor.
The global Low-Voltage Contactor market size was valued at USD 3.96 billion in 2016. Growth prospects for the market seem very bullish at the moment on account of growing adoption of this technology in consumer electronics devices such as smartphones and tablets. Other sectors, such as automotive, industrial, healthcare, and defense are also expected to spur industry growth as end-users have exhibited a tendency towards minimizing the hassles of wires for powering various devices. This is relatively a new industry and currently is in its growth phase. Heavy investments are being made by key industry participants on R&D activities to enhance existing features and functionalities. A major focus is on improving the power transmission range that can facilitate charging of devices wirelessly over long distances.
Over the next five years, it is projected that Low-Voltage Contactor will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Low-Voltage Contactor market by product type, application, key manufacturers and key regions. Request Sample Report @ http://www.orbisresearch.com/contacts/request-sample/2344725
To calculate the market size, it is considered value and volume generated from the sales of the following segments:
Segmentation by product type: AC Contactor DC Contactor
Segmentation by application: Motor Application Power Switching Other Applications
Browse Complete Report@ http://www.orbisresearch.com/reports/index/2018-2023-global-low-voltage-contactor-consumption-market-report
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Rockwell Eaton ABB Schneider Electric Mitsubishi Electric ETI Group Siemens Joslyn Clark Toshiba ZEZ SILKO
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Some Points From Table of Content: 1 Scope of the Report 2 Executive Summary 3 Global Low-Voltage Contactor by Players 4 Low-Voltage Contactor by Regions 5 Americas 6 APAC 7 Europe Continued…
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