Market Overview:
The Global Multipole Switches Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for multipole switches in photonics instrumentation and biomedical applications. Additionally, the growing demand for multipole switches from life sciences applications is also contributing to the market growth. However, factors such as high cost and limited number of suppliers are restraining the market growth. On the basis of type, universal cuvette holders held a major share of the global multipole switches market in 2017. This can be attributed to their wide range of applicability in various industries such as photonics instrumentation, biomedical and life sciences applications.
Product Definition:
A multipole switch is a switch that has multiple contacts, or poles. This type of switch is often used in relays and contactors. The importance of multipole switches lies in their ability to control large amounts of current.
Universal Cuvette holders:
Cuvette holders are used in multipole switches to support the cuvettes that hold the sample during analysis. The cuvettes can be made of plastic or metal and come in different shapes and sizes. They are placed inside a holder which is then inserted into an analyzer, where it is scanned for the presence of a specific substance using X-ray, infrared detection or fluorescence detection methods.
Special Cuvette holders:
Special cuvette holders are used in multipole switches to hold the test tubes during testing. The device consists of a base, onto which the test tube is mounted and then there are 4 or more metal plates attached to it with rubber bands. These metal plates have poles attached with them through which electric current can be tested for its effect on the plant.
The device helps in conducting various tests by changing an electrical current into a magnetic field.
Application Insights:
The global multipole switches market has been segmented on the basis of application into Photonics Instrumentation, biomedical, life sciences and other applications. The photonics instrumentation segment dominated the overall market in terms of revenue share in 2017. This is attributed to increasing demand for advanced optics and laser technologies across a wide range of end-use industries such as telecommunications, sensing and surveillance systems, optical networking equipment manufacturing among others.
The growing adoption of these products in research laboratories across various applications areas including spectroscopy & microscopy is also expected to drive the growth over the forecast period. In addition to this factor; factors such as high performance switching capabilities coupled with low latency are further anticipated to boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing R&D spending by various companies. Asia Pacific is anticipated to grow at a lucrative rate during the forecast period, which can be attributed to rising healthcare expenditure and growing demand for advanced medical devices in this region. Moreover, government initiatives encouraging research activities are also likely boost regional growth during the projected time frame.
Latin America held a considerable share in global arena as many Brazilian universities use cuvette systems for cell culture applications resulting into high demand for cuvette systems across Latin America countries thus propelling overall regional growth over next eight years.
Growth Factors:
- Increasing demand for data centers: The growth of data center is one of the primary drivers for multipole switches market. Multipole switches offer high-bandwidth and low latency, which are essential requirements for data center applications.
- Proliferation of 5G networks: 5G networks are expected to drive the demand for multipole switches, as they require high-bandwidth and low latency solutions. Multipole switches can provide these capabilities and help in the deployment of 5G networks.
- Emergence of hyperscale datacenters: Hyperscale datacenters are driving the need for higher bandwidth and lower latency solutions, which is benefiting the multipole switch market. These datacenters typically have large scale deployments that require a large number of ports with low latency performance characteristics to handle massive traffic loads quickly and efficiently .Multipole Switches can fulfill this need while reducing cost overheads associated with traditional networking hardware components.. 4 Emerging technologies such as artificial intelligence (AI)and Internet-of Things (IoT): The growing adoption of AI and IoT is fueling the demand for multipole switches, as these technologies require high-bandwidth connectivity options to function properly .Multipole Switches can provide this bandwidth while also reducing overall network costs .5 Growing popularity of software defined networking (SDN): SDN is helping organizations reduce their reliance on proprietary hardware devices, thus promoting wider adoption ratesofmultipoleswitches
Scope Of The Report
Report Attributes
Report Details
Report Title
Multipole Switches Market Research Report
By Type
Universal Cuvette holders, Special Cuvette holders
By Application
Photonics Instrumentation, Biomedical, Life Sciences
By Companies
Ocean Insight, Avantes, SOLAR LS, Thorlabs, GetAMO, Newport, Sarspec, Metrohm, StellarNet, Inc., Thermo Scientific, Edmund Optics, Wyoptics, PIKE Technologies
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Multipole Switches Market Report Segments:
The global Multipole Switches market is segmented on the basis of:
Types
Universal Cuvette holders, Special Cuvette holders
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
Photonics Instrumentation, Biomedical, Life Sciences
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:
- Ocean Insight
- Avantes
- SOLAR LS
- Thorlabs
- GetAMO
- Newport
- Sarspec
- Metrohm
- StellarNet, Inc.
- Thermo Scientific
- Edmund Optics
- Wyoptics
- PIKE Technologies
Highlights of The Multipole 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:
- Universal Cuvette holders
- Special Cuvette holders
- By Application:
- Photonics Instrumentation
- Biomedical
- Life Sciences
- 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 Multipole 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?
Multipole switches are a type of network switch that can connect multiple devices together. They allow for the easy connection of different types of networks, including Ethernet, Fibre Channel, and Serial ATA (SATA) devices. Multipole switches also provide features such as port mirroring and traffic shaping to help manage network traffic.
Some of the major companies in the multipole switches market are Ocean Insight, Avantes, SOLAR LS, Thorlabs, GetAMO, Newport, Sarspec, Metrohm, StellarNet, Inc., Thermo Scientific, Edmund Optics, Wyoptics, PIKE Technologies.
The multipole switches market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multipole 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 Multipole Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multipole 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 Multipole 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 Multipole Switches Market Size & Forecast, 2020-2028
4.5.1 Multipole Switches Market Size and Y-o-Y Growth
4.5.2 Multipole 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 Universal Cuvette holders
5.2.2 Special Cuvette holders
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 Photonics Instrumentation
6.2.2 Biomedical
6.2.3 Life Sciences
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multipole 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 Multipole 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 Universal Cuvette holders
9.6.2 Special Cuvette holders
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 Photonics Instrumentation
9.10.2 Biomedical
9.10.3 Life Sciences
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 Universal Cuvette holders
10.6.2 Special Cuvette holders
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 Photonics Instrumentation
10.10.2 Biomedical
10.10.3 Life Sciences
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 Universal Cuvette holders
11.6.2 Special Cuvette holders
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 Photonics Instrumentation
11.10.2 Biomedical
11.10.3 Life Sciences
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 Universal Cuvette holders
12.6.2 Special Cuvette holders
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 Photonics Instrumentation
12.10.2 Biomedical
12.10.3 Life Sciences
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 Universal Cuvette holders
13.6.2 Special Cuvette holders
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 Photonics Instrumentation
13.10.2 Biomedical
13.10.3 Life Sciences
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 Multipole Switches Market: Competitive Dashboard
14.2 Global Multipole Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ocean Insight
14.3.2 Avantes
14.3.3 SOLAR LS
14.3.4 Thorlabs
14.3.5 GetAMO
14.3.6 Newport
14.3.7 Sarspec
14.3.8 Metrohm
14.3.9 StellarNet, Inc.
14.3.10 Thermo Scientific
14.3.11 Edmund Optics
14.3.12 Wyoptics
14.3.13 PIKE Technologies
