Asia Pacific Contactors Market Forecast (2016-2024)

Year AUSTRALIA CHINA INDIA JAPAN REST OF ASIA PACIFIC
2016 $ 332.7 $ 721.16 $ 571.44 $ 455.08 $ 370.09
2017 $ 352.11 $ 772.03 $ 610.32 $ 479.91 $ 393.84
2018 $ 372.81 $ 826.76 $ 652.13 $ 506.32 $ 419.3
2019 $ 395.57 $ 887.17 $ 698.29 $ 535.32 $ 447.35
2020 $ 420.54 $ 953.73 $ 749.17 $ 567.09 $ 478.21
2021 $ 447.47 $ 1026.08 $ 804.46 $ 601.26 $ 511.65
2022 $ 478.23 $ 1108.68 $ 867.63 $ 640.3 $ 549.83
2023 $ 511.18 $ 1197.98 $ 935.92 $ 681.99 $ 590.96
2024 $ 546.48 $ 1294.56 $ 1009.73 $ 726.5 $ 635.26
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Asia Pacific Contactors Market Forecast (2016-2024)

Synopsis
The above chart is Global Contactors market market [2016-2024] by Asia Pacific

Market Dynamics

China accounted for the largest market share in 2018 in the asia pacific contactors market market, and is expected to reach usd 1294.56 million in 2024 from usd 826.76 million in 2018.this market is projected to grow at a cagr of 7.85% during the forecast period from 2019 - 2024. 3 pole segment accounted for the largest market share in 2018, this market is expected to reach usd 1610.30 million in 2024 from usd 1039.80 million in 2018. this market is projected to grow at a cagr of 7.66% during the forecast period from 2019 - 2024. however, 3 pole segment is the fastest growing market, which is expected to grow at a cagr of 7.66% during the forecast period 2019 - 2024. ac contactor segment accounted for the larger market share in 2018, this market is expected to reach usd 2648.90 million in 2024 from usd 1727.90 million in 2018. this market is projected to grow at a cagr of 7.48% during the forecast period from 2019 - 2024. however, ac contactor segment is the fastest growing market, which is expected to grow at a cagr of 7.48% during the forecast period 2019 - 2024. vacuum contactor segment accounted for the largest market share in 2018, this market is expected to reach usd 1612.30 million in 2024 from usd 1032.59 million in 2018. this market is projected to grow at a cagr of 7.81% during the forecast period from 2019 - 2024. however, vacuum contactor segment is the fastest growing market, which is expected to grow at a cagr of 7.81% during the forecast period 2019 - 2024. power segment accounted for the largest market share in 2018, this market is expected to reach usd 1486.95 million in 2024 from usd 951.75 million in 2018. this market is projected to grow at a cagr of 7.82% during the forecast period from 2019 - 2024. low voltage segment accounted for the largest market share in 2018, this market is expected to reach usd 2028.12 million in 2024 from usd 1338.48 million in 2018. this market is projected to grow at a cagr of 7.27% during the forecast period from 2019 - 2024. however, medium voltage segment is the fastest growing market, which is expected to grow at a cagr of 7.51% during the forecast period 2019 - 2024.

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