Tag Archives: General Purpose Contactor Market Trends

General Purpose Contactor Market Will Generate Record Revenue by 2029

General-purpose contactor market is expected to grow at a CAGR of 5.5% from 2023 to 2029. The growth in the market can be attributed to the increasing demand for energy-efficient equipment and rising investments in industrial automation. In terms of type, the DC contactor segment is expected to grow at a higher CAGR than the […]