Market Overview:
The global snap action 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 miniaturized and ultra-miniaturized snap action switches in consumer electronics & appliances, telecommunications, industrial & medical applications, and others. Additionally, the growing demand for these switches from emerging economies such as China and India is also contributing to the growth of this market.
Product Definition:
A snap action switch is a type of electrical switch that is activated when it is subjected to a relatively short and quick movement. This type of switch can be used in many different applications, including those that require a high level of precision or reliability.
Miniature Type Snap Action Switches:
Miniature type Snap action switches, it's usage.
The global miniature type Snap action switches, it's usage and growth factor in the market forSnap Action Switches is expected to witness significant gains over the forecast period. The factors that propel its demand are increasing use of electronic devices such as mobile phones & tablets; computers; LED/ LCD TVs; gaming consoles among others.
Ultra Miniature Type Snap Action Switches:
Ultra miniature type Snap action switches are the smallest form of momentary contact switches available in the market. They have a body that is considerably smaller than a grain of rice and can be easily mounted on any surface. These ultra miniature type switch bodies consist of an insulating cover that protects it from external influences such as magnetic fields, electric fields, and electrostatic discharge.
Application Insights:
The telecommunications segment accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. The growth of this application segment can be attributed to increasing demand for high-speed internet services across the globe. Miniaturization of switches has played a key role in providing reliable service in telecom networks by reducing failure rates and improving coverage areas.
Telecommunication companies are focusing on deploying small cells, which use active antenna technology, as part of their efforts to improve network reliability and capacity. These small cells help operators enhance signal strength, cover larger areas with fewer base stations, reduce deployment costs as well as power consumption costs involved in transmission equipment maintenance operations.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to early adoption of technology and presence of major key players such as Honeywell International Inc.; Emerson Electric Co.; and Siemens AG.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing demand for consumer electronics products along with rising investments in industrial automation. Increasing disposable income levels coupled with growing penetration of digitalization are also likely contributors toward regional growth during the forecast period. Additionally, favorable government initiatives pertaining towards energy conservation are estimated to spur industry expansion over this period.
Growth Factors:
- Increasing demand from the automotive industry for snap action switches in safety-critical applications such as airbags and seatbelts.
- Growing demand for snap action switches in consumer electronics applications such as smartphones, tablets, and gaming consoles.
- Increasing use of snap action switches in industrial automation and process control applications.
- Rising demand for miniature snap action switches in medical devices and diagnostic equipment.
- Growing popularity of smart homes and the Internet of Things (IoT), which is driving the need for more sophisticated switch technologies like snap action switches
Scope Of The Report
Report Attributes
Report Details
Report Title
Snap Action Switches Market Research Report
By Type
Miniature Type Snap Action Switches, Ultra Miniature Type Snap Action Switches
By Application
Consumer Electronics & Appliance, Telecommunications, Industrial & Medical, Others
By Companies
TE Connectivity, E-Switch, C&K, Omron, Honeywell, ZF Electronics, Crouzet, Apem, ALPS, Wurth Elektronik, TE Connectivity, ITW Switches, Kaihua Electronics
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Snap Action Switches Market Report Segments:
The global Snap Action Switches market is segmented on the basis of:
Types
Miniature Type Snap Action Switches, Ultra Miniature Type Snap Action 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
Consumer Electronics & Appliance, Telecommunications, Industrial & Medical, 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:
- TE Connectivity
- E-Switch
- C&K
- Omron
- Honeywell
- ZF Electronics
- Crouzet
- Apem
- ALPS
- Wurth Elektronik
- TE Connectivity
- ITW Switches
- Kaihua Electronics
Highlights of The Snap Action 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:
- Miniature Type Snap Action Switches
- Ultra Miniature Type Snap Action Switches
- By Application:
- Consumer Electronics & Appliance
- Telecommunications
- Industrial & Medical
- 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 Snap Action 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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Snap Action Switches are a new type of switch that can be controlled with your smartphone. They allow you to turn lights on and off, open and close doors, and more using your phone's camera.
Some of the major companies in the snap action switches market are TE Connectivity, E-Switch, C&K, Omron, Honeywell, ZF Electronics, Crouzet, Apem, ALPS, Wurth Elektronik, TE Connectivity, ITW Switches, Kaihua Electronics.
The snap action 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 Snap Action 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 Snap Action Switches Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Snap Action 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 Snap Action 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 Snap Action Switches Market Size & Forecast, 2018-2028 4.5.1 Snap Action Switches Market Size and Y-o-Y Growth 4.5.2 Snap Action Switches Market Absolute $ Opportunity
Chapter 5 Global Snap Action 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 Snap Action Switches Market Size Forecast by Type
5.2.1 Miniature Type Snap Action Switches
5.2.2 Ultra Miniature Type Snap Action Switches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Snap Action 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 Snap Action Switches Market Size Forecast by Applications
6.2.1 Consumer Electronics & Appliance
6.2.2 Telecommunications
6.2.3 Industrial & Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Snap Action 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 Snap Action 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 Snap Action Switches Analysis and Forecast
9.1 Introduction
9.2 North America Snap Action 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 Snap Action Switches Market Size Forecast by Type
9.6.1 Miniature Type Snap Action Switches
9.6.2 Ultra Miniature Type Snap Action 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 Snap Action Switches Market Size Forecast by Applications
9.10.1 Consumer Electronics & Appliance
9.10.2 Telecommunications
9.10.3 Industrial & Medical
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 Snap Action Switches Analysis and Forecast
10.1 Introduction
10.2 Europe Snap Action 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 Snap Action Switches Market Size Forecast by Type
10.6.1 Miniature Type Snap Action Switches
10.6.2 Ultra Miniature Type Snap Action 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 Snap Action Switches Market Size Forecast by Applications
10.10.1 Consumer Electronics & Appliance
10.10.2 Telecommunications
10.10.3 Industrial & Medical
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 Snap Action Switches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Snap Action 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 Snap Action Switches Market Size Forecast by Type
11.6.1 Miniature Type Snap Action Switches
11.6.2 Ultra Miniature Type Snap Action 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 Snap Action Switches Market Size Forecast by Applications
11.10.1 Consumer Electronics & Appliance
11.10.2 Telecommunications
11.10.3 Industrial & Medical
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 Snap Action Switches Analysis and Forecast
12.1 Introduction
12.2 Latin America Snap Action 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 Snap Action Switches Market Size Forecast by Type
12.6.1 Miniature Type Snap Action Switches
12.6.2 Ultra Miniature Type Snap Action 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 Snap Action Switches Market Size Forecast by Applications
12.10.1 Consumer Electronics & Appliance
12.10.2 Telecommunications
12.10.3 Industrial & Medical
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) Snap Action Switches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Snap Action 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) Snap Action Switches Market Size Forecast by Type
13.6.1 Miniature Type Snap Action Switches
13.6.2 Ultra Miniature Type Snap Action 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) Snap Action Switches Market Size Forecast by Applications
13.10.1 Consumer Electronics & Appliance
13.10.2 Telecommunications
13.10.3 Industrial & Medical
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 Snap Action Switches Market: Competitive Dashboard
14.2 Global Snap Action Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE Connectivity
14.3.2 E-Switch
14.3.3 C&K
14.3.4 Omron
14.3.5 Honeywell
14.3.6 ZF Electronics
14.3.7 Crouzet
14.3.8 Apem
14.3.9 ALPS
14.3.10 Wurth Elektronik
14.3.11 TE Connectivity
14.3.12 ITW Switches
14.3.13 Kaihua Electronics