Market Overview:
The global modular 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 smart switches and the growing trend of home automation. In terms of type, the traditional switches segment is expected to dominate the global modular switches market during the forecast period. However, in terms of CAGR, the smart switch segment is expected to grow at a higher rate than that of traditional switches during the forecast period.
Product Definition:
A modular switch is a type of network switch that can be physically divided into separate modules, each with its own power supply and port count. This allows for easier installation, expansion, and troubleshooting. Modular switches are also often more reliable than traditional switches, as the failure of one module will not take down the entire switch.
Traditional Switches:
Traditional switches are a series of electronic devices used to complete an electrical circuit. They can be single or multi-polar, and are available in different shapes and sizes. The most common types of traditional switches include ON-ON, Momentary (or Flip) Switch, normally open push button switch and normally closed push button switch.
Smart Switches:
Smart switches are intelligent electronic devices that can operate without a power source. They have an inbuilt mechanism to detect the presence or absence of signals and operate accordingly. The most commonly used smart switch is called as light switch which is used for turning electrical supply on and off. It consists of two metal plates with normally closed contacts, when electricity flows through the circuit; it opens the contact causing a short circuit between terminals resulting in turning off the electricity supply.
Application Insights:
The commercial application segment dominated the global modular switches market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to an increase in demand from data centers, IT offices and other small & medium-sized businesses (SMBs). SMBs are increasingly adopting advanced technology such as IoT to automate their operations and enhance productivity. As a result, demand for smart switches is expected to rise over the forecast period.
Residential application is projected to grow at a significant rate over the forecast period owing to increasing adoption of smart home devices that use ZigBee protocol stack based on 868 MHz frequency band for communication with wireless modules operating at 2.4 GHz frequency band within modular homeswitches or apartmentsquos walls or ceilingsor bothmodular homeswitches or apartment¢â‚¬â„¢s walls.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for high-speed data networks in countries such as China and India. In addition, rising number of smart home projects in these countries will drive demand for smart modular switches over the next eight years. Europe is also estimated to witness significant growth owing to growing adoption of digital technologies coupled with presence of prominent players operating within this region.
The Middle East & Africa (MEA) market has huge potential and opportunities exist across all segments including traditional telecommunication services, broadband services, mobile services along with IoT devices and applications etc.
Growth Factors:
- Increasing demand for data centers: The modular switches market is expected to grow owing to the increasing demand for data centers. With the increase in number of devices that are connected to the internet, there is an increase in the need for storage and bandwidth. This is driving the demand for data centers, which in turn is fueling the growth of modular switches market.
- Proliferation of cloud services: The growth of cloud services is another major factor that is driving the growth of modular switches market. Cloud services offer numerous benefits such as scalability, flexibility, and cost-effectiveness among others. This has led to an increase in their adoption, thereby fuellingthe demand for modular switches.
Scope Of The Report
Report Attributes
Report Details
Report Title
Modular Switches Market Research Report
By Type
Traditional Switches, Smart Switches
By Application
Commercial, Residential
By Companies
Legrand, Siemens, Simon, ABB, Schneider, GE, Panasonic, Havells, Salzer Electronics, Amit Electrical, Legrand, CHINT, Longsheng, Opple, Gamder, Feidiao, Bull, GELAN
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Modular Switches Market Report Segments:
The global Modular Switches market is segmented on the basis of:
Types
Traditional Switches, Smart 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
Commercial, Residential
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:
- Legrand
- Siemens
- Simon
- ABB
- Schneider
- GE
- Panasonic
- Havells
- Salzer Electronics
- Amit Electrical
- Legrand
- CHINT
- Longsheng
- Opple
- Gamder
- Feidiao
- Bull
- GELAN
Highlights of The Modular 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:
- Traditional Switches
- Smart Switches
- By Application:
- Commercial
- Residential
- 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 Modular 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:
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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?
Modular switches are a type of switch that can be configured in many different ways to meet the needs of a particular application. This flexibility makes modular switches ideal for use in systems where multiple devices need to be interconnected, such as in data centers or industrial applications. Modular switches also offer an advantage over traditional switch designs because they can be easily replaced if they become damaged or obsolete.
Some of the major players in the modular switches market are Legrand, Siemens, Simon, ABB, Schneider, GE, Panasonic, Havells, Salzer Electronics, Amit Electrical, Legrand, CHINT, Longsheng, Opple, Gamder, Feidiao, Bull, GELAN.
The modular switches market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modular 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 Modular Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modular 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 Modular 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 Modular Switches Market Size & Forecast, 2020-2028
4.5.1 Modular Switches Market Size and Y-o-Y Growth
4.5.2 Modular 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 Traditional Switches
5.2.2 Smart 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 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modular 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 Modular 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 Traditional Switches
9.6.2 Smart 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 Commercial
9.10.2 Residential
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 Traditional Switches
10.6.2 Smart 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 Commercial
10.10.2 Residential
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 Traditional Switches
11.6.2 Smart 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 Commercial
11.10.2 Residential
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 Traditional Switches
12.6.2 Smart 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 Commercial
12.10.2 Residential
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 Traditional Switches
13.6.2 Smart 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 Commercial
13.10.2 Residential
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 Modular Switches Market: Competitive Dashboard
14.2 Global Modular Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Legrand
14.3.2 Siemens
14.3.3 Simon
14.3.4 ABB
14.3.5 Schneider
14.3.6 GE
14.3.7 Panasonic
14.3.8 Havells
14.3.9 Salzer Electronics
14.3.10 Amit Electrical
14.3.11 Legrand
14.3.12 CHINT
14.3.13 Longsheng
14.3.14 Opple
14.3.15 Gamder
14.3.16 Feidiao
14.3.17 Bull
14.3.18 GELAN
