Market.us announces the publication of its most recently generated research report titled, “The Global United States Electrical Contacts and Contacts Materials Market by Product Type (Silver-Based Composite, Copper Based Composite), By Applications (Low-Voltage Products, Medium and High Voltage Products, Light Load Products) – Global Forecast to 2028.”, Which offers a holistic view of the United States Electrical Contacts and Contacts Materials Market through systematic segmentation that covers every aspect of the target market.

The United States Electrical Contacts and Contacts Materials Market is projected to be US$ 761.5 Mn in 2018 to reach US$ 1,067.4 Mn by 2028 at a CAGR of 3.4%.

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. Electrical contacts are generally made from metals with high electrical conductivity. The most commonly used metal surfaces for contact alloys are silver, copper and other auxiliary metal, like gold, platinum, and palladium. Tungsten, nickel, graphite, and molybdenum are materials that enhance the structural properties of highly conductive metals, and some are used individually for specialized contacts and components.

Robust end-use industry growth – Robust growth of end-use industries such as electronics is serving major opportunities for target market growth.

Technology Advancement- Continuous research and development in production technology electrical contacts and contacts materials are likely to drive the growth of the target market in the United States.

United States Electrical Contacts and Contacts Materials Market Revenue (US$ Mn), 2018–2028

However, the conservative approach of investors towards electrical contacts and contacts materials market may hinder the market growth in the United States.

United States electrical contacts and contacts materials market is segmented on the basis of product type, application. On the basis of product type, the market is segmented into a silver-based composite and copper-based composite. Silver-Based Composite segment accounts for the majority share in the united states electrical contacts and contacts materials market with the highest growth rate over the forecast period. On the basis of application, the market is segmented into low-voltage products, medium and high voltage products and light load products. Low-voltage products account for the majority share in the united states electrical contacts and contacts materials market.

United States electrical contacts and contacts materials Market by Product Type, 2018

The research report on the United States electrical contacts and contacts materials market includes profiles of some of the major companies such as DODUCO, Umicore, Toshiba, Chugai Electric, Tanaka, Heesung, MATERION, MITSUBISHI Material.

Key Market Segments

Type

• Silver-Based Composite
• Copper Based Composite

Application

• Low-Voltage Products
• Medium and High Voltage Products
• Light Load Products

Key Market Players included in the report:

• DODUCO
• Umicore
• Toshiba
• Chugai Electric
• Tanaka
• Heesung
• MATERION
• MITSUBISHI Material