Market Overview:
The global modular switch market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the modular switch market can be attributed to the increasing demand for smart homes and buildings, and rising awareness about energy efficiency among consumers. In addition, the growing demand for smart appliances is also contributing to the growth of the modular switch market. The toggle switches segment is expected to dominate the global modular switch market during the forecast period, owing to its low cost and easy installation. The rocker switches segment is projected to grow at a higher CAGR than other segments during the forecast period, as it offers ease of use and convenience.
Product Definition:
A modular switch is a type of Ethernet switch that can be divided into separate functional blocks, or modules. Modular switches are typically composed of multiple line cards that plug into a chassis. The chassis contains all the switching and control logic, as well as power supplies and fans. This allows different line cards to be upgraded or replaced without having to replace the entire switch.
Toggle Switches:
Toggle switches are used to change the state of a device from one position to another. They have two positions, on and off which can be connected by an electric circuit. The on position allows current flow while the off position does not allow current flow. Toggle switch is available in different forms such as push button switches, toggle bolts, rocker switches and membrane Switches among others.
Rocker Switches:
Rocker switches are a type of mechanical switch used in electrical equipment such as modular switches and wall plates. The primary function of a rocker switch is to provide an alternate current path to the connected device when pressed by the user. In addition, it can be used as an on/off switch depending upon its configuration and application.
Application Insights:
The industrial application segment led the global modular switch market in 2017 and is projected to witness significant growth over the forecast period. The growing demand for automation solutions in industries such as manufacturing, oil & gas, and transportation is expected to drive the product demand. In addition, favorable government regulations regarding workplace safety are anticipated to further propel industry growth over the coming years.
The residential sector accounted for a share of more than 30% of the overall revenue in 2017 owing to increasing consumer spending on home remodeling activities across various regions including North America and Europe. In addition, rising adoption of smart homes coupled with rising consumer awareness about energy-efficient products is likely to fuel industry expansion over the next eight years or so.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing industrialization and commercial construction in emerging economies, such as China and India. In addition, rising demand for smart cities across these countries will drive the industry expansion over the next eight years.
Europe modular switch market was valued at more than USD X billion in 2017 owing to high product adoption in key applications including data centers, telecom rooms/centers/arsenals, and military bases among others.
Growth Factors:
- Increasing demand for data centers and rising internet traffic
- Proliferation of smart devices and the Internet of Things (IoT)
- Rapid deployment of 5G networks
- Growing demand for cloud-based services
- Emergence of software-defined networking (SDN)
Scope Of The Report
Report Attributes
Report Details
Report Title
Modular Switch Market Research Report
By Type
Toggle Switches, Rocker Switches, Plate Switches
By Application
Residential, Industrial, Commercial
By Companies
Anchor Electricals, Havells India, Honeywell Electrical Devices and Systems India, Legrand India, Wipro, ABB, GE, GM, Kolors, Orpat, Anchor Electricals, Pretty, Schneider Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Modular Switch Market Report Segments:
The global Modular Switch market is segmented on the basis of:
Types
Toggle Switches, Rocker Switches, Plate Switches
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Industrial, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Anchor Electricals
- Havells India
- Honeywell Electrical Devices and Systems India
- Legrand India
- Wipro
- ABB
- GE
- GM
- Kolors
- Orpat
- Anchor Electricals
- Pretty
- Schneider Electric
Highlights of The Modular Switch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Toggle Switches
- Rocker Switches
- Plate Switches
- By Application:
- Residential
- Industrial
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Modular Switch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A modular switch is a type of electronic switch that can be configured to handle a variety of different signal types. This makes them ideal for use in applications such as data centers, telecommunications equipment, and industrial control systems. Modular switches are also popular among hobbyists and DIY enthusiasts because they offer a high degree of flexibility and customization.
Some of the key players operating in the modular switch market are Anchor Electricals, Havells India, Honeywell Electrical Devices and Systems India, Legrand India, Wipro, ABB, GE, GM, Kolors, Orpat, Anchor Electricals, Pretty, Schneider Electric.
The modular switch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modular Switch Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Modular Switch Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Modular Switch Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Modular Switch Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Modular Switch Market Size & Forecast, 2020-2028 4.5.1 Modular Switch Market Size and Y-o-Y Growth 4.5.2 Modular Switch Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Toggle Switches
5.2.2 Rocker Switches
5.2.3 Plate Switches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Industrial
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modular Switch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Modular Switch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Toggle Switches
9.6.2 Rocker Switches
9.6.3 Plate Switches
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Industrial
9.10.3 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Toggle Switches
10.6.2 Rocker Switches
10.6.3 Plate Switches
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Industrial
10.10.3 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Toggle Switches
11.6.2 Rocker Switches
11.6.3 Plate Switches
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Industrial
11.10.3 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Toggle Switches
12.6.2 Rocker Switches
12.6.3 Plate Switches
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Industrial
12.10.3 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Toggle Switches
13.6.2 Rocker Switches
13.6.3 Plate Switches
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Industrial
13.10.3 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Modular Switch Market: Competitive Dashboard
14.2 Global Modular Switch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anchor Electricals
14.3.2 Havells India
14.3.3 Honeywell Electrical Devices and Systems India
14.3.4 Legrand India
14.3.5 Wipro
14.3.6 ABB
14.3.7 GE
14.3.8 GM
14.3.9 Kolors
14.3.10 Orpat
14.3.11 Anchor Electricals
14.3.12 Pretty
14.3.13 Schneider Electric