Market Overview:
The global momentary 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 momentary switches in industrial, military, automotive, and other applications. The push-to-break momentary switches segment is expected to hold the largest share of the global momentary switches market during the forecast period. This segment is also projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
A momentary switch is a type of switch that is activated when it is pressed and released. It does not stay in the "on" position after it has been released.
Push-to-Break Momentary Switches:
The push-to-break momentary switches, also known as the Momentary Switches or SPST switches, are a group of two or more switching elements connected in series to form a circuit. The switch is normally open and can be activated by an external signal to close and break the circuit.
Push-to-Make Momentary Switches:
The push-to-make momentary switches and it's usage in the Momentary Switches market is a new product that has just been launched. It is an electronic device which can be attached to any home appliances, such as vacuum cleaners, coffee makers, air conditioners and refrigerators. This device allows one to start or stop the appliance by pressing a button on the handle of the appliance rather than going through all usual procedures of turning it on/off switch.
Application Insights:
The industrial application segment led the global momentary switches market and accounted for more than a 38% share of the overall revenue in 2017. The growth can be attributed to increasing demand from manufacturing sectors, such as electrical and electronics, automotive, healthcare, food & beverage and chemical industries. In addition, growing investments by governments in infrastructure development are expected to boost industry expansion over the forecast period.
The military application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising defense expenditure across various countries worldwide. Furthermore, favorable government initiatives towards enhancing soldier safety are anticipated drive product demand over the coming years. Other emerging applications include consumer electronics (such as smartphones) and aerospace & defense (A&D). The products serve as reliable solutions in these industries due to their features such as high durability and low power consumption; this is likely drive their demand further during the forecast period.
Regional Analysis:
North America dominated the global MSS market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of over 35% in 2016 owing to high product demand from various end-use industries, such as industrial, automotive, building & construction and others. Moreover, increasing penetration of automation technology coupled with stringent government regulations regarding energy consumption is anticipated to drive product demand further.
The Asia Pacific regional momentary switches market is expected to witness significant growth during the forecast period owing to rapid industrialization along with growing consumer electronics industry in countries such as China and India. In addition, rising infrastructure activities are also likely boost product demand across several applications including military and automotive sector which will further propel growth across this region.
Growth Factors:
- Increasing demand from the automotive industry for momentary switches in vehicles for various applications such as starting, stopping, and signaling.
- Growing demand for momentary switches from the medical industry for use in patient monitoring equipment and other medical devices.
- Rising popularity of momentary switches among electronics enthusiasts and hobbyists due to their compact size and versatility.
- Increasing use of momentary switches in consumer electronics products such as smartphones, tablets, and laptops.
Scope Of The Report
Report Attributes
Report Details
Report Title
Momentary Switches Market Research Report
By Type
Push-to-Break Momentary Switches, Push-to-Make Momentary Switches
By Application
Industrial, Military, Automotive, Other
By Companies
Baran Advanced Technologies, E-SWITCH, OTTO, Electro-Mech Components, Idem Safety Switches, C&K Components, Bulgin, MEC, Schurter, APEM, Nidec Copal Electronics, NKK Switches, Schlegel, Eaton, Honeywell
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Momentary Switches Market Report Segments:
The global Momentary Switches market is segmented on the basis of:
Types
Push-to-Break Momentary Switches, Push-to-Make Momentary 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
Industrial, Military, Automotive, Other
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:
- Baran Advanced Technologies
- E-SWITCH
- OTTO
- Electro-Mech Components
- Idem Safety Switches
- C&K Components
- Bulgin
- MEC
- Schurter
- APEM
- Nidec Copal Electronics
- NKK Switches
- Schlegel
- Eaton
- Honeywell
Highlights of The Momentary 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:
- Push-to-Break Momentary Switches
- Push-to-Make Momentary Switches
- By Application:
- Industrial
- Military
- Automotive
- Other
- 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 Momentary 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?
A momentary switch is a switch that has a short circuit protection feature. When the user presses the button, it completes an electrical circuit and turns on the light. If someone accidentally steps on or pulls out the power cord, the light will turn off until you replace or reattach power to it.
Some of the major companies in the momentary switches market are Baran Advanced Technologies, E-SWITCH, OTTO, Electro-Mech Components, Idem Safety Switches, C&K Components, Bulgin, MEC, Schurter, APEM, Nidec Copal Electronics, NKK Switches, Schlegel, Eaton, Honeywell.
The momentary 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 Momentary 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 Momentary Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Momentary 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 Momentary 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 Momentary Switches Market Size & Forecast, 2018-2028
4.5.1 Momentary Switches Market Size and Y-o-Y Growth
4.5.2 Momentary Switches Market Absolute $ Opportunity
Chapter 5 Global Momentary Switches 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 Momentary Switches Market Size Forecast by Type
5.2.1 Push-to-Break Momentary Switches
5.2.2 Push-to-Make Momentary Switches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Momentary Switches 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 Momentary Switches Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Military
6.2.3 Automotive
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Momentary 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 Momentary 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 Momentary Switches Analysis and Forecast
9.1 Introduction
9.2 North America Momentary Switches 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 Momentary Switches Market Size Forecast by Type
9.6.1 Push-to-Break Momentary Switches
9.6.2 Push-to-Make Momentary 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 Momentary Switches Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Military
9.10.3 Automotive
9.10.4 Other
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 Momentary Switches Analysis and Forecast
10.1 Introduction
10.2 Europe Momentary Switches 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 Momentary Switches Market Size Forecast by Type
10.6.1 Push-to-Break Momentary Switches
10.6.2 Push-to-Make Momentary 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 Momentary Switches Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Military
10.10.3 Automotive
10.10.4 Other
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 Momentary Switches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Momentary Switches 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 Momentary Switches Market Size Forecast by Type
11.6.1 Push-to-Break Momentary Switches
11.6.2 Push-to-Make Momentary 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 Momentary Switches Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Military
11.10.3 Automotive
11.10.4 Other
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 Momentary Switches Analysis and Forecast
12.1 Introduction
12.2 Latin America Momentary Switches 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 Momentary Switches Market Size Forecast by Type
12.6.1 Push-to-Break Momentary Switches
12.6.2 Push-to-Make Momentary 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 Momentary Switches Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Military
12.10.3 Automotive
12.10.4 Other
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) Momentary Switches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Momentary Switches 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) Momentary Switches Market Size Forecast by Type
13.6.1 Push-to-Break Momentary Switches
13.6.2 Push-to-Make Momentary 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) Momentary Switches Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Military
13.10.3 Automotive
13.10.4 Other
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 Momentary Switches Market: Competitive Dashboard
14.2 Global Momentary Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baran Advanced Technologies
14.3.2 E-SWITCH
14.3.3 OTTO
14.3.4 Electro-Mech Components
14.3.5 Idem Safety Switches
14.3.6 C&K Components
14.3.7 Bulgin
14.3.8 MEC
14.3.9 Schurter
14.3.10 APEM
14.3.11 Nidec Copal Electronics
14.3.12 NKK Switches
14.3.13 Schlegel
14.3.14 Eaton
14.3.15 Honeywell
