Market Overview:
The global industrial electromechanical switch 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 automation in industries and the growing trend of Industry 4.0. The global industrial electromechanical switch market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into tactile switches, rotary switches, encoder switches, toggle switches, push buttons/switches, detect buttons/switches,, micro switches,, dip switches,, and other types (power swtiches slide swtiches joy stick etc.). On the basis of application,.the market is segmented into production equipment,.testing equipment,.laboratory equipment,.and others). The Others segment includes medical devices., consumer electronics., automotive industry., aerospace industry., and military applications.On t he basis o f region , t he m arket i s segmen ted i nt o North America .Latin America .Europe .Asia Pacific .and Middle East & Africa ).
Product Definition:
Industrial electromechanical switch is a switch that use electromagnets to control the flow of electricity. They are used in a wide variety of applications, including industrial automation, automotive, and aerospace.
Tactile:
The global tactile, it's usage and growth factor in the industrial electromechanical switch market size was valued at USD 4.5 billion in 2015. The increasing need for human-machine interface devices is expected to drive industry growth over the forecast period.
Rotary:
Rotary is a type of switch that uses a spinning rotor to make electrical connections. The word rotary is derived from the Latin word for circle, which refers to the shape of the device. It consists of an electric motor with one or more stationary contact blades and one or more moving blades that are revolved around a central shaft.
The main application areas where rotary switches are used include consumer electronics, automotive, aerospace & defense.
Application Insights:
The production equipment segment dominated the global industrial electromechanical switch market in 2017. This can be attributed to the rising demand for switches that are used in various applications, such as machine tools, assembly lines and automated manufacturing systems (AMS). The others application segment includes consumer electronics and appliances.
Automated production equipment is widely using rotary or toggle switches due to their advantages over other types of controls. These include ease of operation and maintenance along with a relatively low cost associated with them. Furthermore, these devices also have an advantage over push buttons since they can be activated by movement rather than just pushing the button which requires a human operator to press it first before moving on to another task or action. However, microswitches are preferred for use in consumer electronics owing to their small size and light weight which makes them suitable for portable electronic devices such as smartphones etc.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region has been witnessing strong economic growth on account of increasing industrial activities in countries, such as China, India, Japan, and South Korea. Increasing demand for consumer electronics including smartphones and laptops in these countries has led to increased sales of industrial electromechanical switches. Moreover, rising investments by governments in infrastructure development are likely to boost product demand across several industries including transportation & logistics; production & processing; manufacturing; energy & power; warehousing & storage etc., which will further propel the regional market growth over the next eight years.
Growth Factors:
- Increasing demand from the automotive industry for advanced safety features in vehicles
- Growing demand for electromechanical switches from the construction and infrastructure sector
- Rising popularity of smart homes and buildings, which is driving the need for more advanced switchgear
- Proliferation of Internet of Things (IoT) devices, which are increasing the demand for low-power electromechanical switches
- Advances in semiconductor technology that are making smaller and more energy-efficient electromechanical switches possible
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Electromechanical Switch Market Research Report
By Type
Tactile, Rotary, Encoder, Toggle, Push, Detect, Micro, Dip, Other (Power, Slide, Joy Stick, etc.)
By Application
Production Equipment, Testing Equipment, Laboratory Equipment, Others
By Companies
ALPS, Omron, TE Connectivity, Panasonic, Carling Technologies, ITW Switches, Electroswitch, ITT Industries, NKK Switches, OTTO, Honeywell, Copal Electronics, Schneider, APEM, Grayhill, CTS, ELMA, E-Switch, Coto Technology, TOPLY
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Electromechanical Switch Market Report Segments:
The global Industrial Electromechanical Switch market is segmented on the basis of:
Types
Tactile, Rotary, Encoder, Toggle, Push, Detect, Micro, Dip, Other (Power, Slide, Joy Stick, etc.)
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
Production Equipment, Testing Equipment, Laboratory Equipment, 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:
- ALPS
- Omron
- TE Connectivity
- Panasonic
- Carling Technologies
- ITW Switches
- Electroswitch
- ITT Industries
- NKK Switches
- OTTO
- Honeywell
- Copal Electronics
- Schneider
- APEM
- Grayhill
- CTS
- ELMA
- E-Switch
- Coto Technology
- TOPLY
Highlights of The Industrial Electromechanical 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:
- Tactile
- Rotary
- Encoder
- Toggle
- Push
- Detect
- Micro
- Dip
- Other (Power, Slide, Joy Stick, etc.)
- By Application:
- Production Equipment
- Testing Equipment
- Laboratory Equipment
- 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 Industrial Electromechanical 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:
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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 industrial electromechanical switch is a type of electrical switch that uses an electric motor to move a movable contact between two poles.
Some of the major companies in the industrial electromechanical switch market are ALPS, Omron, TE Connectivity, Panasonic, Carling Technologies, ITW Switches, Electroswitch, ITT Industries, NKK Switches, OTTO, Honeywell, Copal Electronics, Schneider, APEM, Grayhill, CTS, ELMA, E-Switch, Coto Technology, TOPLY.
The industrial electromechanical 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 Industrial Electromechanical 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 Industrial Electromechanical Switch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Electromechanical 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 Industrial Electromechanical 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 Industrial Electromechanical Switch Market Size & Forecast, 2018-2028
4.5.1 Industrial Electromechanical Switch Market Size and Y-o-Y Growth
4.5.2 Industrial Electromechanical Switch Market Absolute $ Opportunity
Chapter 5 Global Industrial Electromechanical Switch 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 Industrial Electromechanical Switch Market Size Forecast by Type
5.2.1 Tactile
5.2.2 Rotary
5.2.3 Encoder
5.2.4 Toggle
5.2.5 Push
5.2.6 Detect
5.2.7 Micro
5.2.8 Dip
5.2.9 Other (Power
5.2.10 Slide
5.2.11 Joy Stick
5.2.12 etc.)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Electromechanical Switch 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 Industrial Electromechanical Switch Market Size Forecast by Applications
6.2.1 Production Equipment
6.2.2 Testing Equipment
6.2.3 Laboratory Equipment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Electromechanical 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 Industrial Electromechanical 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 Industrial Electromechanical Switch Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Electromechanical Switch 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 Industrial Electromechanical Switch Market Size Forecast by Type
9.6.1 Tactile
9.6.2 Rotary
9.6.3 Encoder
9.6.4 Toggle
9.6.5 Push
9.6.6 Detect
9.6.7 Micro
9.6.8 Dip
9.6.9 Other (Power
9.6.10 Slide
9.6.11 Joy Stick
9.6.12 etc.)
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 Industrial Electromechanical Switch Market Size Forecast by Applications
9.10.1 Production Equipment
9.10.2 Testing Equipment
9.10.3 Laboratory Equipment
9.10.4 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 Industrial Electromechanical Switch Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Electromechanical Switch 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 Industrial Electromechanical Switch Market Size Forecast by Type
10.6.1 Tactile
10.6.2 Rotary
10.6.3 Encoder
10.6.4 Toggle
10.6.5 Push
10.6.6 Detect
10.6.7 Micro
10.6.8 Dip
10.6.9 Other (Power
10.6.10 Slide
10.6.11 Joy Stick
10.6.12 etc.)
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 Industrial Electromechanical Switch Market Size Forecast by Applications
10.10.1 Production Equipment
10.10.2 Testing Equipment
10.10.3 Laboratory Equipment
10.10.4 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 Industrial Electromechanical Switch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Electromechanical Switch 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 Industrial Electromechanical Switch Market Size Forecast by Type
11.6.1 Tactile
11.6.2 Rotary
11.6.3 Encoder
11.6.4 Toggle
11.6.5 Push
11.6.6 Detect
11.6.7 Micro
11.6.8 Dip
11.6.9 Other (Power
11.6.10 Slide
11.6.11 Joy Stick
11.6.12 etc.)
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 Industrial Electromechanical Switch Market Size Forecast by Applications
11.10.1 Production Equipment
11.10.2 Testing Equipment
11.10.3 Laboratory Equipment
11.10.4 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 Industrial Electromechanical Switch Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Electromechanical Switch 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 Industrial Electromechanical Switch Market Size Forecast by Type
12.6.1 Tactile
12.6.2 Rotary
12.6.3 Encoder
12.6.4 Toggle
12.6.5 Push
12.6.6 Detect
12.6.7 Micro
12.6.8 Dip
12.6.9 Other (Power
12.6.10 Slide
12.6.11 Joy Stick
12.6.12 etc.)
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 Industrial Electromechanical Switch Market Size Forecast by Applications
12.10.1 Production Equipment
12.10.2 Testing Equipment
12.10.3 Laboratory Equipment
12.10.4 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) Industrial Electromechanical Switch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Electromechanical Switch 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) Industrial Electromechanical Switch Market Size Forecast by Type
13.6.1 Tactile
13.6.2 Rotary
13.6.3 Encoder
13.6.4 Toggle
13.6.5 Push
13.6.6 Detect
13.6.7 Micro
13.6.8 Dip
13.6.9 Other (Power
13.6.10 Slide
13.6.11 Joy Stick
13.6.12 etc.)
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) Industrial Electromechanical Switch Market Size Forecast by Applications
13.10.1 Production Equipment
13.10.2 Testing Equipment
13.10.3 Laboratory Equipment
13.10.4 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 Industrial Electromechanical Switch Market: Competitive Dashboard
14.2 Global Industrial Electromechanical Switch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALPS
14.3.2 Omron
14.3.3 TE Connectivity
14.3.4 Panasonic
14.3.5 Carling Technologies
14.3.6 ITW Switches
14.3.7 Electroswitch
14.3.8 ITT Industries
14.3.9 NKK Switches
14.3.10 OTTO
14.3.11 Honeywell
14.3.12 Copal Electronics
14.3.13 Schneider
14.3.14 APEM
14.3.15 Grayhill
14.3.16 CTS
14.3.17 ELMA
14.3.18 E-Switch
14.3.19 Coto Technology
14.3.20 TOPLY
