Market Overview:
The global industrial control 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 industrial automation across different industries, such as the petroleum, chemical, and metallurgy industries. Additionally, the growing demand for limit switches, push buttons, and rotary switches is also contributing to the growth of this market. Based on type, limit switches are expected to account for a major share of the global industrial control switches market during the forecast period. This can be attributed to their ability to detect physical limits and stop motion when they are reached.
Product Definition:
Industrial control switches are electrical devices used to open or close an electric circuit, often as part of an automated process. They are frequently used in industrial and commercial settings to control the flow of electricity to machines or other equipment. Industrial control switches can be classified by their function, form factor, or application.
Limit Switches:
A limit switch is a safety device used to protect the control equipment from exceeding a set value. It consists of two plates joined by a hinge and can be opened or closed by an external force. The plate with the electric contacts on it functions as an input device while the other plate acts as an output device.
Push Buttons:
A push button is a device containing a depressed spring that returns to it's original position after each press. The most common application of push buttons is in the form of an toggle switch, which can be turned on or off. However, they are also used in other applications such as momentary switches and rocker switches among others.
Application Insights:
The global industrial control switches market is segmented by application into the petroleum industry, chemical industry, metallurgy and others. The petroleum industry dominated the market in 2017 owing to its critical nature and high security requirements. Petroleum-related industries such as oil & gas require a higher number of control switches for their operations as they involve numerous processes that need to be controlled at different levels for efficient operation of these industries.
In addition, increasing demand for crude oil from emerging economies such as India & China is expected to increase the requirement of process automation in order to meet production targets set by these countries which will further boost product demand over the forecast period. Furthermore, growing investments in R&D pertaining petrochemicals are likely to augment technological advancements thereby driving product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and South Korea. Growing industrialization across these countries has resulted in an increased demand for industrial control systems (ICS). In addition, increasing government spending on defense & security sector coupled with rising investments in transportation infrastructure are also likely to drive regional growth.
The North America market accounted for a significant share of revenue in 2017 owing to early adoption of technologies by end-users such as oil & gas industry and power generation sector. Moreover, presence of major players such as Honeywell International Inc.; Siemens AG; ABB Ltd.; General Electric; Emerson Electric Co.; Johnson Controls Inc., among others is anticipated to fuel regional growth over the forecast period.
Growth Factors:
- Increasing demand for industrial automation across various industries is expected to drive the growth of the industrial control switches market.
- Growing awareness about energy conservation and increasing focus on green buildings is also anticipated to fuel the demand for industrial control switches in the near future.
- Rapid expansion of data centers and growing number of smart cities are also expected to create opportunities for the growth of this market in coming years.
- Rising trend of IoT-enabled devices is projected to boost the adoption rate of industrial control switches over the forecast period.
- Growing concerns about safety and security are likely to propel investments in Industrial Control Switches solutions, thereby propelling market growth over forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Control Switches Market Research Report
By Type
Limit Switches, Push Buttons, Rotary Switches
By Application
Petroleum Industry, Chemical Industry, Metallurgy Industry
By Companies
ABB, Eaton, Emerson Electric, GE, Rockwell Automation, Schneider Electric, Siemens, Honeywell, C&K Components, Carling Technologies, ABB, Cherry Electrical Products, Chint, Delixi Electric, Fuji Electric, Grayhill, Kaycee, Leviton, TE Connectivity
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Control Switches Market Report Segments:
The global Industrial Control Switches market is segmented on the basis of:
Types
Limit Switches, Push Buttons, Rotary 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
Petroleum Industry, Chemical Industry, Metallurgy Industry
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:
- ABB
- Eaton
- Emerson Electric
- GE
- Rockwell Automation
- Schneider Electric
- Siemens
- Honeywell
- C&K Components
- Carling Technologies
- ABB
- Cherry Electrical Products
- Chint
- Delixi Electric
- Fuji Electric
- Grayhill
- Kaycee
- Leviton
- TE Connectivity
Highlights of The Industrial Control 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:
- Limit Switches
- Push Buttons
- Rotary Switches
- By Application:
- Petroleum Industry
- Chemical Industry
- Metallurgy Industry
- 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 Industrial Control 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
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- Understanding Competition Scenario
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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?
Industrial control switches are devices that allow operators to remotely manage industrial processes. They can be used to turn on and off equipment, change operating parameters, or monitor process performance.
Some of the key players operating in the industrial control switches market are ABB, Eaton, Emerson Electric, GE, Rockwell Automation, Schneider Electric, Siemens, Honeywell, C&K Components, Carling Technologies, ABB, Cherry Electrical Products, Chint, Delixi Electric, Fuji Electric, Grayhill, Kaycee, Leviton, TE Connectivity.
The industrial control 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 Industrial Control 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 Industrial Control Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Control 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 Industrial Control 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 Industrial Control Switches Market Size & Forecast, 2020-2028
4.5.1 Industrial Control Switches Market Size and Y-o-Y Growth
4.5.2 Industrial Control 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 Limit Switches
5.2.2 Push Buttons
5.2.3 Rotary 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 Petroleum Industry
6.2.2 Chemical Industry
6.2.3 Metallurgy Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Control 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 Industrial Control 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 Limit Switches
9.6.2 Push Buttons
9.6.3 Rotary 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 Petroleum Industry
9.10.2 Chemical Industry
9.10.3 Metallurgy Industry
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 Limit Switches
10.6.2 Push Buttons
10.6.3 Rotary 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 Petroleum Industry
10.10.2 Chemical Industry
10.10.3 Metallurgy Industry
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 Limit Switches
11.6.2 Push Buttons
11.6.3 Rotary 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 Petroleum Industry
11.10.2 Chemical Industry
11.10.3 Metallurgy Industry
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 Limit Switches
12.6.2 Push Buttons
12.6.3 Rotary 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 Petroleum Industry
12.10.2 Chemical Industry
12.10.3 Metallurgy Industry
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 Limit Switches
13.6.2 Push Buttons
13.6.3 Rotary 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 Petroleum Industry
13.10.2 Chemical Industry
13.10.3 Metallurgy Industry
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 Industrial Control Switches Market: Competitive Dashboard
14.2 Global Industrial Control Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Eaton
14.3.3 Emerson Electric
14.3.4 GE
14.3.5 Rockwell Automation
14.3.6 Schneider Electric
14.3.7 Siemens
14.3.8 Honeywell
14.3.9 C&K Components
14.3.10 Carling Technologies
14.3.11 ABB
14.3.12 Cherry Electrical Products
14.3.13 Chint
14.3.14 Delixi Electric
14.3.15 Fuji Electric
14.3.16 Grayhill
14.3.17 Kaycee
14.3.18 Leviton
14.3.19 TE Connectivity
