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Electrical contacts are soft, high-conductivity, oxidation-resistant materials used as the makeup of electrical components. They are the materials in a system through which an electrical current flows. Contact material is made of silver, copper and other raw materials for processing to meet customer demand in the electrical contact performance, physical properties, mechanical properties, chemical properties, etc. It is widely used in circuit breakers, contactors and other low voltage electrical products. The multi-layer electrical and electrical contact elements are further developed on the basis of the contact material to form the electrical contact material.
In terms of regions, China's consumption accounted for the highest proportion in 2019, over 39 percent, followed by Europe and North America, accounting for 22.28 percent and 22.25 percent, respectively.
Market Analysis and Insights: Global Electrical Contacts and Contacts Materials Market
The global Electrical Contacts and Contacts Materials market was valued at US$ 4654.6 in 2020 and will reach US$ 6491.4 million by the end of 2027, growing at a CAGR of 5.7% during 2022-2027.
Global Electrical Contacts and Contacts Materials Scope and Market Size
The global Electrical Contacts and Contacts Materials market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electrical Contacts and Contacts Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Silver-Based Electrical Contacts and Contact Materials
Copper-Based Electrical Contacts and Contact Materials
By type, silver-based income accounted for the highest share, more than 87 percent in 2019.
Segment by Application
Low-Voltage Electrical Contacts and Contacts Materials (Low-voltage products)
Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-Voltage Products)
Light Load Electrical Contacts and Contacts Materials (Light Load Products)
According to the application division, the consumption ratio of low-voltage products is the highest, accounting for 81.04% in 2019.
The Electrical Contacts and Contacts Materials market is analysed and market size information is provided by regions (countries). Segment by Application, the Electrical Contacts and Contacts Materials market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Metalor (Tanaka)
DODUCO
Umicore
Toshiba
Chugai Electric
Heesung
MATERION
MITSUBISHI
Nippon Tungsten
Brainin
Fuda
Wenzhou Hongfeng
Longsun
Guilin Coninst
Foshan Tongbao
Shanghai Renmin
Zhejiang Metallurgical
Anping Feichang
In terms of regions, China's consumption accounted for the highest proportion in 2019, over 39 percent, followed by Europe and North America, accounting for 22.28 percent and 22.25 percent, respectively.
Market Analysis and Insights: Global Electrical Contacts and Contacts Materials Market
The global Electrical Contacts and Contacts Materials market was valued at US$ 4654.6 in 2020 and will reach US$ 6491.4 million by the end of 2027, growing at a CAGR of 5.7% during 2022-2027.
Global Electrical Contacts and Contacts Materials Scope and Market Size
The global Electrical Contacts and Contacts Materials market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electrical Contacts and Contacts Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Silver-Based Electrical Contacts and Contact Materials
Copper-Based Electrical Contacts and Contact Materials
By type, silver-based income accounted for the highest share, more than 87 percent in 2019.
Segment by Application
Low-Voltage Electrical Contacts and Contacts Materials (Low-voltage products)
Medium and High Voltage Electrical Contacts and Contacts Materials (Medium and High-Voltage Products)
Light Load Electrical Contacts and Contacts Materials (Light Load Products)
According to the application division, the consumption ratio of low-voltage products is the highest, accounting for 81.04% in 2019.
The Electrical Contacts and Contacts Materials market is analysed and market size information is provided by regions (countries). Segment by Application, the Electrical Contacts and Contacts Materials market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Metalor (Tanaka)
DODUCO
Umicore
Toshiba
Chugai Electric
Heesung
MATERION
MITSUBISHI
Nippon Tungsten
Brainin
Fuda
Wenzhou Hongfeng
Longsun
Guilin Coninst
Foshan Tongbao
Shanghai Renmin
Zhejiang Metallurgical
Anping Feichang
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
