Market Overview:
The global micro tactile 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 micro tactile switches from various applications, such as automotive, medical, 3C products (computers, communication devices, and consumer electronics), information appliance, white goods (refrigerators and washing machines), and others. Additionally, the growing demand for miniaturized electronic devices is also contributing to the growth of this market.
Product Definition:
Micro tactile switches are a type of switch that uses very little force to activate and provide feedback. They are often used in devices where precise control is important, such as computer mice and gaming controllers.
SMD Types:
Smart Micro Dots (SMD) are used in micro switches and have a variety of applications. They are available in different forms such as discs, cylinders, and pads. These SMDs can be integrated into various devices with the help of soldering techniques which include spot welding, desoldering & re-solder etc.
Surface Mount Type:
The surface mount type is used in micro tactile switches market. It’s a specific type of through-hole mounting technology that requires less space and offers better reliability, performance, and cost than conventional SMD devices. The key benefit of using SMT components is their ability to be manufactured on an automated line with high precision.
Application Insights:
The market is segmented by application into automotive, medical, 3C products, information appliances and white goods. The medical sector accounted for the largest share in 2017 owing to increasing demand from end-use industries such as pharmaceuticals and healthcare. Growing geriatric population across the globe has led to an increase in demand for devices that can be used easily for navigation and other operations. This factor is expected to drive the global market over the forecast period.
The product finds its major application in automobile manufacturing industry as they are used for providing feedback on touch screen displays and control of various functions of automobiles using only a finger touch or a stylus pen without using any remote control device or keypad combination.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The regional market is anticipated to grow owing to increasing product demand from various application sectors, such as automotive and medical. In addition, rising disposable income levels in developing countries of Asia Pacific are also contributing toward market growth. China and India are among the largest markets for micro tactile switches in this region due to their rapidly growing economies and expanding industrial sector.
North America was estimated as one of the prominent regions with more than 20% revenue share in 2017 on account of high adoption rate for advanced technologies across several industries including consumer appliances, automotive, medical devices & others.
Growth Factors:
- Increasing demand from the automotive industry for micro tactile switches as actuators for various applications such as door locks, window regulators, sunroofs, and seat adjustment
- Growing demand from the consumer electronics sector for micro tactile switches in portable devices such as smartphones and tablets
- Rising popularity of touch-enabled interfaces in electronic devices that is driving the need for miniaturized tactile switches
- Proliferation of next-generation technologies such as artificial intelligence (AI) and virtual reality (VR) that require sophisticated input mechanisms, which is boosting demand for micro tactile switches
- Increasing adoption of smart home technologies that utilize sensors and controllers to automate various tasks, thereby fueling growth prospects for the micro tactile switch market
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Tactile Switches Market Research Report
By Type
SMD Types, Surface Mount Type, Snap-in Type, Others
By Application
Automotive, Medical, 3C Products, Information Appliance, White Goods, Others
By Companies
ALPS, Mitsumi Electric, Panasonic, Omron, TE Connectivity, BEWIN, Wurth Elektronik, C&K Components, Xinda, CTS, Marquardt, NKK Switches, OMTEN, Oppho, Changfeng, Han Young, Bourns, Knitter-switch, APEM, E-Switch
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Micro Tactile Switches Market Report Segments:
The global Micro Tactile Switches market is segmented on the basis of:
Types
SMD Types, Surface Mount Type, Snap-in Type, Others
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
Automotive, Medical, 3C Products, Information Appliance, White Goods, 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
- Mitsumi Electric
- Panasonic
- Omron
- TE Connectivity
- BEWIN
- Wurth Elektronik
- C&K Components
- Xinda
- CTS
- Marquardt
- NKK Switches
- OMTEN
- Oppho
- Changfeng
- Han Young
- Bourns
- Knitter-switch
- APEM
- E-Switch
Highlights of The Micro Tactile 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:
- SMD Types
- Surface Mount Type
- Snap-in Type
- Others
- By Application:
- Automotive
- Medical
- 3C Products
- Information Appliance
- White Goods
- 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 Micro Tactile 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.
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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?
Micro Tactile Switches are switches that have a very small contact area. This makes them perfect for use in applications where a small amount of force is needed to activate the switch.
Some of the major players in the micro tactile switches market are ALPS, Mitsumi Electric, Panasonic, Omron, TE Connectivity, BEWIN, Wurth Elektronik, C&K Components, Xinda, CTS, Marquardt, NKK Switches, OMTEN, Oppho, Changfeng, Han Young, Bourns, Knitter-switch, APEM, E-Switch.
The micro tactile 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 Micro Tactile 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 Micro Tactile Switches Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Micro Tactile 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 Micro Tactile 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 Micro Tactile Switches Market Size & Forecast, 2020-2028 4.5.1 Micro Tactile Switches Market Size and Y-o-Y Growth 4.5.2 Micro Tactile 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 SMD Types
5.2.2 Surface Mount Type
5.2.3 Snap-in Type
5.2.4 Others
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 Automotive
6.2.2 Medical
6.2.3 3C Products
6.2.4 Information Appliance
6.2.5 White Goods
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Tactile 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 Micro Tactile 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 SMD Types
9.6.2 Surface Mount Type
9.6.3 Snap-in Type
9.6.4 Others
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 Automotive
9.10.2 Medical
9.10.3 3C Products
9.10.4 Information Appliance
9.10.5 White Goods
9.10.6 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 SMD Types
10.6.2 Surface Mount Type
10.6.3 Snap-in Type
10.6.4 Others
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 Automotive
10.10.2 Medical
10.10.3 3C Products
10.10.4 Information Appliance
10.10.5 White Goods
10.10.6 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 SMD Types
11.6.2 Surface Mount Type
11.6.3 Snap-in Type
11.6.4 Others
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 Automotive
11.10.2 Medical
11.10.3 3C Products
11.10.4 Information Appliance
11.10.5 White Goods
11.10.6 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 SMD Types
12.6.2 Surface Mount Type
12.6.3 Snap-in Type
12.6.4 Others
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 Automotive
12.10.2 Medical
12.10.3 3C Products
12.10.4 Information Appliance
12.10.5 White Goods
12.10.6 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 SMD Types
13.6.2 Surface Mount Type
13.6.3 Snap-in Type
13.6.4 Others
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 Automotive
13.10.2 Medical
13.10.3 3C Products
13.10.4 Information Appliance
13.10.5 White Goods
13.10.6 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 Micro Tactile Switches Market: Competitive Dashboard
14.2 Global Micro Tactile Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALPS
14.3.2 Mitsumi Electric
14.3.3 Panasonic
14.3.4 Omron
14.3.5 TE Connectivity
14.3.6 BEWIN
14.3.7 Wurth Elektronik
14.3.8 C&K Components
14.3.9 Xinda
14.3.10 CTS
14.3.11 Marquardt
14.3.12 NKK Switches
14.3.13 OMTEN
14.3.14 Oppho
14.3.15 Changfeng
14.3.16 Han Young
14.3.17 Bourns
14.3.18 Knitter-switch
14.3.19 APEM
14.3.20 E-Switch