Market Overview:
The global battery disconnect 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 electric vehicles and heavy-duty equipment, and the growing awareness about safety measures. The global battery disconnect switches market can be segmented on the basis of type into rotary switches and push pull switches. Rotary switches are more popular than push pull switches, as they are easier to use and have a longer life span. On the basis of application, the global battery disconnect switch market can be segmented into car, truck, heavy-duty equipment, boat, and others. Car is currently the largest application segment for battery disconnect switch products; however, heavy-duty equipment is expected to grow at a higher CAGR during the forecast period owing to rising demand from emerging economies such as China and India .Geographically ,the global battery disconnect switch market can be divided into North America , Latin America , Europe Asia Pacific ,and Middle East & Africa .
Product Definition:
A battery disconnect switch is a device that allows a user to quickly and easily isolate the battery from the electrical system of a vehicle. This can be important in situations where it is necessary to work on or around the electrical system, such as when changing a fuse or doing some other type of repair. By isolating the battery, it is possible to reduce the risk of electrical shock.
Rotary Switches:
Rotary switches are used in battery disconnect switches. They are also known as rocker switches or flip-flop circuits. These devices have one input and two outputs. One of the output is connected to the power source, while the other is connected to a load that can be powered by that source. The input side has an electrical signal that determines whether or not the switch should turn on its power supply (connected to output 1) or remain off (connected to output 2).
Push Pull Switches:
The push pull switches are used in battery disconnect switches market. They are available in different forms such as toggle, normally closed, normally open and combination. The push pull switch is a two-way electrical switch that consists of an electric contactor that can be operated by a physical actuation or control signal to connect or break the circuit. It has no internal current path; instead it relies on the flow of electricity from one side to the other through an external circuit for activation.
Application Insights:
The car application segment led the market and accounted for more than a 38% share of the global revenue in 2017. The growing use of electric vehicles is expected to drive demand for battery disconnect switches over the forecast period as these switches are used to cut off power supply when a vehicle is left unattended.
The heavy-duty equipment application segment is projected to witness significant growth over the forecast period owing to an increase in industrialization and construction activities across various regions, including Asia Pacific, Latin America, and Middle East & Africa. Moreover, rapid urbanization along with rising disposable income levels in developing countries such as India and China will further boost industry expansion over the coming years. Increasing investments by governments across various regions toward infrastructure development will also fuel product demand from 2018 to 2030.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising adoption of electric vehicles in countries, such as China and India. Moreover, growing demand for solar energy in this region will also trigger product demand during the forecast period.
The European battery disconnect switches market is majorly driven by Germany owing to its well-established manufacturing sector across various industries including automotive, heavy equipment, etc. However, sluggish economic growth post BREXIT may hinder regional growth over the next few years until new trading agreements are reached between U.K., EU and rest of Europe nations or until there is a change in government policies regarding free trade agreements with other regions (third country).
Growth Factors:
- Increasing demand for electric vehicles
- Stringent government regulations for emissions and fuel economy
- Growing demand from the telecom sector
- Rising popularity of renewable energy sources such as solar and wind power
- Proliferation of smart grids
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Disconnect Switches Market Research Report
By Type
Rotary Switches, Push Pull Switches
By Application
Car, Truck, Heavy-duty Equipment, Boat, Others
By Companies
WirthCo, EATON, RIVERSIDE MFG, VELVAC, Blue Sea Systems, GAMA Electronics, Flaming River, Longacre, Fastronix Solutions, NOCO, WirthCo, Moroso, Allstar, E Support, Moeller Marine, JEGS, Perko, Qiorange
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Battery Disconnect Switches Market Report Segments:
The global Battery Disconnect Switches market is segmented on the basis of:
Types
Rotary Switches, Push Pull 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
Car, Truck, Heavy-duty Equipment, Boat, 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:
- WirthCo
- EATON
- RIVERSIDE MFG
- VELVAC
- Blue Sea Systems
- GAMA Electronics
- Flaming River
- Longacre
- Fastronix Solutions
- NOCO
- WirthCo
- Moroso
- Allstar
- E Support
- Moeller Marine
- JEGS
- Perko
- Qiorange
Highlights of The Battery Disconnect 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:
- Rotary Switches
- Push Pull Switches
- By Application:
- Car
- Truck
- Heavy-duty Equipment
- Boat
- 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 Battery Disconnect 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
- 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?
Battery disconnect switches are a type of electrical switch that is used to turn off power to a battery.
Some of the major players in the battery disconnect switches market are WirthCo, EATON, RIVERSIDE MFG, VELVAC, Blue Sea Systems, GAMA Electronics, Flaming River, Longacre, Fastronix Solutions, NOCO, WirthCo, Moroso, Allstar, E Support, Moeller Marine, JEGS, Perko, Qiorange.
The battery disconnect switches 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 Battery Disconnect Switches 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 Battery Disconnect Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Disconnect Switches 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 Battery Disconnect Switches 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 Battery Disconnect Switches Market Size & Forecast, 2020-2028
4.5.1 Battery Disconnect Switches Market Size and Y-o-Y Growth
4.5.2 Battery Disconnect Switches 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 Rotary Switches
5.2.2 Push Pull 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 Car
6.2.2 Truck
6.2.3 Heavy-duty Equipment
6.2.4 Boat
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Disconnect Switches 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 Battery Disconnect Switches 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 Rotary Switches
9.6.2 Push Pull 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 Car
9.10.2 Truck
9.10.3 Heavy-duty Equipment
9.10.4 Boat
9.10.5 Others
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 Rotary Switches
10.6.2 Push Pull 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 Car
10.10.2 Truck
10.10.3 Heavy-duty Equipment
10.10.4 Boat
10.10.5 Others
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 Rotary Switches
11.6.2 Push Pull 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 Car
11.10.2 Truck
11.10.3 Heavy-duty Equipment
11.10.4 Boat
11.10.5 Others
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 Rotary Switches
12.6.2 Push Pull 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 Car
12.10.2 Truck
12.10.3 Heavy-duty Equipment
12.10.4 Boat
12.10.5 Others
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 Rotary Switches
13.6.2 Push Pull 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 Car
13.10.2 Truck
13.10.3 Heavy-duty Equipment
13.10.4 Boat
13.10.5 Others
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 Battery Disconnect Switches Market: Competitive Dashboard
14.2 Global Battery Disconnect Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WirthCo
14.3.2 EATON
14.3.3 RIVERSIDE MFG
14.3.4 VELVAC
14.3.5 Blue Sea Systems
14.3.6 GAMA Electronics
14.3.7 Flaming River
14.3.8 Longacre
14.3.9 Fastronix Solutions
14.3.10 NOCO
14.3.11 WirthCo
14.3.12 Moroso
14.3.13 Allstar
14.3.14 E Support
14.3.15 Moeller Marine
14.3.16 JEGS
14.3.17 Perko
14.3.18 Qiorange
