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The rising rate of urbanisation and industrialization is expected to fuel innovation in hoover interrupter manufacturing, propelling the market during the forecast period.

The global vacuum interrupter market is expected to grow from $2.50 billion in 2022 to $2.66 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The vacuum interrupter market size is expected to grow to $3.32 billion in 2027 at a CAGR of 5.7%.

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Global Vacuum Interrupter Market Segments Include:

• By Rated Voltage: 0–15 KV (Kilovolts), 15–30 KV (Kilovolts), Above 30 KV (Kilovolts)
• By Contact Structure: Flat Contact, Spiral Contact, Axial Magnetic Or Field Contact
• By End-User: Utilities, Oil And Gas, Mining, Transportation, Other End-Users
• By Application: Circuit Breaker, Contactor, Recloser, Load Break Switch, Tap Changer, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global vacuum interrupter market in 2021.

Major Market Players in the vacuum interrupter market include ABB Ltd., Eaton, Crompton Greaves Limited, Shaanxi Baoguang Vacuum Electric Device Company Limited, Meidensha Corporation, Mitsubishi Electric Corporation, Toshiba Corporation, ACTOM.

Product innovation is a popular trend in the hoover interrupter market. To maintain their position in the hoover interrupter market, major market players are developing innovative products with optimised performance. For example, Huaming, a Chinese manufacturer and distributor of electronic components, launched the new SDZV Vacuum Tap-changer in April 2020, an optimised product based on SHZV with improved arc detection and a higher-rated current of 3000A. Vacuum interrupters with two sets of contacts connected in series are used in the SDZV vacuum tap-changer. Two sets are active at the same time, but the arc-separating compartments are relatively independent, despite the fact that both are capable of making and breaking. It has a maximum voltage of 6000V.

The Vacuum Interrupter Global Market Report 2023  provides a vacuum interrupter market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The vacuum interrupter market forecast analyzes vacuum interrupter market size, vacuum interrupter market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The technology used for repetitive switching, motor inrush current interruption, fault protection, overcurrent protection, and short-circuit protection is referred to as hoover interrupter. A hoover is a vacuum-tight envelope with two separable contacts.

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