Market Overview:
The global electrical isolator switches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electrical isolator switches from various applications, such as lighting, home appliances, industrial and others. In addition, the growing awareness about safety and security is also propelling the growth of this market. Based on type, the global electrical isolator switches market can be segmented into single break isolators, double break isolators and pantograph type isolators. The single break Isolator switch segment is expected to account for a major share of the global electrical Isolator switch market during the forecast period owing to its low cost and easy installation. Based on application, the global Electrical Isolator switch market can be divided into lighting applications, home appliances applications industrial applications and other applications.
Product Definition:
An electrical isolator switch is a switch that allows an electrician to isolate, or turn off, part of an electrical circuit. This is important for safety purposes, as it allows electricians to work on circuits without fear of being shocked.
Single Break Isolator:
Single break isolator is a type of electrical isolator switch which has one controlling element or contact. It is used to protect the device from short circuits and overvoltage. The single break isolators are available in different forms such as semiconductor, relay, and others.
Double Break Isolator:
Double break isolator is a type of electrical isolator switch which has two independent circuits, one of them breaks the circuit in case of fault and the other continues working. It is mainly used to protect devices from damage caused by short circuits or overloads.
The major application areas for double break isolators are protection against low-frequency noise, overvoltage, and high-frequency noise generated by electronic components such as IC’s chips and resistors.
Application Insights:
The home appliances segment dominated the global electrical isolator switches market, accounting for a share of over 30.0% in 2017. The growth can be attributed to increasing demand for energy-efficient products across the globe. Moreover, growing concerns regarding power outages and voltage fluctuations have driven the demand for these switches in recent years.
Lighting application is projected to witness significant growth over the forecast period owing to rising consumer spending on lighting solutions that provide better illumination at lower costs while improving energy efficiency as well as enhancing aesthetic appeal of buildings and spaces. These devices also help reduce electricity bills by up to 50%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising industrialization and increasing adoption of electric vehicles in countries, such as China and India. In addition, growing demand for consumer electronics in developing economies including China and India is anticipated to drive regional market growth over the forecast period.
The Asia Pacific region accounted for a revenue share of 22% in 2017 owing to high product demand from various application segments across emerging economies, such as lighting & HVAC industry verticals. Moreover, rapid urbanization coupled with increased infrastructure spending by governments has led major manufacturers including Siemens AG; Alstom Grid; General Electric Co.; ABB Ltd.; Toshiba Corporation; Hyundai Heavy Industries Co., Ltd.; LG Electronics Inc.; Samsung Group; among others are looking at expanding their presence in this region which will further boost electrical isolator switches production capacity over the next few years.
Growth Factors:
- Increasing demand from the construction and infrastructure sector
- Growing demand for electrical isolator switches in the automotive industry
- Rising popularity of smart homes and buildings
- Proliferation of Internet of Things (IoT) and connected devices
- Technological advancements in electrical isolator switches
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Isolator Switches Market Research Report
By Type
Single Break Isolator, Double Break Isolator, Pantograph type Isolator
By Application
Lighting, Home Appliances, Industrial, Others
By Companies
Eaton, Siemens, Mitsubishi Electric, Dairyland Electrical, Schneider Electric, Orient Electric, Toshiba Corp., GIPRO GmbH, KINTO Electric, Omniflex, Renu Electronics, Pertronic Industries
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Isolator Switches Market Report Segments:
The global Electrical Isolator Switches market is segmented on the basis of:
Types
Single Break Isolator, Double Break Isolator, Pantograph type Isolator
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
Lighting, Home Appliances, Industrial, Others
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:
- Eaton
- Siemens
- Mitsubishi Electric
- Dairyland Electrical
- Schneider Electric
- Orient Electric
- Toshiba Corp.
- GIPRO GmbH
- KINTO Electric
- Omniflex
- Renu Electronics
- Pertronic Industries
Highlights of The Electrical Isolator Switches 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:
- Single Break Isolator
- Double Break Isolator
- Pantograph type Isolator
- By Application:
- Lighting
- Home Appliances
- Industrial
- Others
- 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 Electrical Isolator Switches 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
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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?
An electrical isolator switch is a device that helps to protect electrical equipment from accidental contact. It does this by creating an electric field between the switch and the object it is protecting. If something touches the switch, it will not be able to send electricity through it, which will prevent damage to either party.
Some of the major companies in the electrical isolator switches market are Eaton, Siemens, Mitsubishi Electric, Dairyland Electrical, Schneider Electric, Orient Electric, Toshiba Corp., GIPRO GmbH, KINTO Electric, Omniflex, Renu Electronics, Pertronic Industries.
The electrical isolator switches market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Isolator Switches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical Isolator Switches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Isolator Switches Market - Supply Chain
4.5. Global Electrical Isolator Switches Market Forecast
4.5.1. Electrical Isolator Switches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Isolator Switches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Isolator Switches Market Absolute $ Opportunity
5. Global Electrical Isolator Switches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Isolator Switches Market Size and Volume Forecast by Type
5.3.1. Single Break Isolator
5.3.2. Double Break Isolator
5.3.3. Pantograph type Isolator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Isolator Switches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Isolator Switches Market Size and Volume Forecast by Application
6.3.1. Lighting
6.3.2. Home Appliances
6.3.3. Industrial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Isolator Switches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Isolator Switches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Isolator Switches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Isolator Switches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Isolator Switches Demand Share Forecast, 2019-2026
9. North America Electrical Isolator Switches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical Isolator Switches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Isolator Switches Market Size and Volume Forecast by Application
9.4.1. Lighting
9.4.2. Home Appliances
9.4.3. Industrial
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Isolator Switches Market Size and Volume Forecast by Type
9.7.1. Single Break Isolator
9.7.2. Double Break Isolator
9.7.3. Pantograph type Isolator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Isolator Switches Demand Share Forecast, 2019-2026
10. Latin America Electrical Isolator Switches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical Isolator Switches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Isolator Switches Market Size and Volume Forecast by Application
10.4.1. Lighting
10.4.2. Home Appliances
10.4.3. Industrial
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Isolator Switches Market Size and Volume Forecast by Type
10.7.1. Single Break Isolator
10.7.2. Double Break Isolator
10.7.3. Pantograph type Isolator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Isolator Switches Demand Share Forecast, 2019-2026
11. Europe Electrical Isolator Switches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Isolator Switches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Isolator Switches Market Size and Volume Forecast by Application
11.4.1. Lighting
11.4.2. Home Appliances
11.4.3. Industrial
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Isolator Switches Market Size and Volume Forecast by Type
11.7.1. Single Break Isolator
11.7.2. Double Break Isolator
11.7.3. Pantogaph type Isolator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Isolator Switches Demand Share, 2019-2026
12. Asia Pacific Electrical Isolator Switches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Isolator Switches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Isolator Switches Market Size and Volume Forecast by Application
12.4.1. Lighting
12.4.2. Home Appliances
12.4.3. Industrial
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Isolator Switches Market Size and Volume Forecast by Type
12.7.1. Single Break Isolator
12.7.2. Double Break Isolator
12.7.3. Pantograph type Isolator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Isolator Switches Demand Share, 2019-2026
13. Middle East & Africa Electrical Isolator Switches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Isolator Switches Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Isolator Switches Market Size and Volume Forecast by Application
13.4.1. Lighting
13.4.2. Home Appliances
13.4.3. Industrial
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Isolator Switches Market Size and Volume Forecast by Type
13.7.1. Single Break Isolator
13.7.2. Double Break Isolator
13.7.3. Pantograph type Isolator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Isolator Switches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Isolator Switches Market: Market Share Analysis
14.2. Electrical Isolator Switches Distributors and Customers
14.3. Electrical Isolator Switches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eaton
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dairyland Electrical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Orient Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toshiba Corp.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GIPRO GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. KINTO Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Omniflex
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Renu Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pertronic Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
