Market Overview:
Touchscreen switches are gaining popularity in the global market as they provide a convenient and easy-to-use interface. The global touchscreen switches market is segmented on the basis of type, application, and region. On the basis of type, the touchscreen light switches segment is expected to hold a major share of the market during the forecast period. This can be attributed to their growing demand in residential applications. However, with increasing demand for smart homes and automation, the touchscreen integration switches segment is expected to grow at a higher CAGR during 2018–2030. Touchscreen electromotion curtains switches are also witnessing high adoption rates in commercial applications owing to their ability to control various electrical devices such as lights, blinds/shutters, air conditioners (ACs), etc., with just one touch. The global touchscreen switches market was valued at US$ 2 Bn in 2017 and is projected to reach US$ 7 Bn by 2030 at a CAGR of 10%.
Product Definition:
Touch screen switches are a type of switch that allows users to control electronic devices by touching the surface of the switch. This differs from traditional switches, which require users to operate buttons or levers. Touch screen switches are important because they provide an easy and intuitive way for users to interact with electronics devices.
Touchscreen Light Switches:
Touchscreen light switches are electronic devices that allow users to control the on/off state of a light or lamp by means of a touch-sensitive panel. The on-state refers to the position where the electrical current is flowing through and the lamp is lit, whereas in off-state it does not refer to power consumption as such but rather refers to lack of current flow.
Touchscreen Electromotion Curtains Switches:
Touchscreen Electromotion Curtains Switches and it's usage in Touch Screen Switches market is a new innovative product that has the ability to convert touch into electric current. The technology used in this product is very simple, easy to understand and has no moving parts.
Application Insights:
The commercial segment held the largest share of more than 60.0% in 2017. The growth can be attributed to the rising adoption of touch screen technology across various end-use industries such as hospitality, retail and entertainment, transportation and logistics, banking and financial services, public sectors including education and health care among others. In addition, increasing R&D investments by key industry players for developing advanced products is expected to boost product demand over the forecast period.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017. The growth is attributed to increasing investments by foreign players and government initiatives for developing infrastructure. For instance, in 2015, Panasonic Corporation invested USD X million to expand its manufacturing facility in India for touch screens and other related products. In 2016, Siemens AG invested around USD X million to set up a new energy solutions business unit with an aim toward tapping into the growing opportunities across India and Southeast Asian countries. Additionally, rising demand from commercial sectors such as hotels/restaurants has led Touch Electromechanical Systems (TEMS) Ltd., a Indian company that makes electromechanical switches based on customer requirements along with touchscreens installed them at various places such as airports etc.
North America is expected to witness significant growth over the forecast period owing to increased adoption of smart devices including smartphones & tablets, laptops etc.
Growth Factors:
- Increasing demand for touch screen switches in consumer electronics
- Rising demand from the automotive industry
- Growing popularity of smart homes and home automation systems
- Proliferation of Internet of Things (IoT) devices and applications
- Advances in touch screen technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Touch Screen Switches Market Research Report
By Type
Touchscreen Light Switches, Touchscreen Electromotion Curtains Switches, Touchscreen Integration Switches
By Application
Residential, Commercial
By Companies
Legrand, Zennio, Ibestek, AVE s.p.a, Gira, Basalte, Lvhua, AODSN, Savekey, Oulu, Legrand, Wulian, YIL Electronic, Perlux, Deriq
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Touch Screen Switches Market Report Segments:
The global Touch Screen Switches market is segmented on the basis of:
Types
Touchscreen Light Switches, Touchscreen Electromotion Curtains Switches, Touchscreen Integration 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
Residential, Commercial
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
- Zennio
- Ibestek
- AVE s.p.a
- Gira
- Basalte
- Lvhua
- AODSN
- Savekey
- Oulu
- Legrand
- Wulian
- YIL Electronic
- Perlux
- Deriq
Highlights of The Touch Screen 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:
- Touchscreen Light Switches
- Touchscreen Electromotion Curtains Switches
- Touchscreen Integration Switches
- By Application:
- Residential
- Commercial
- 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 Touch Screen 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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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?
Touch screen switches are a type of switch that use touch screens to control the operation of the switch. Touch screen switches are used in places where it is difficult or impossible to use traditional switches.
Some of the major companies in the touch screen switches market are Legrand, Zennio, Ibestek, AVE s.p.a, Gira, Basalte, Lvhua, AODSN, Savekey, Oulu, Legrand, Wulian, YIL Electronic, Perlux, Deriq.
The touch screen switches market is expected to register a CAGR of 10%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Touch Screen 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 Touch Screen Switches Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Touch Screen 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 Touch Screen 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 Touch Screen Switches Market Size & Forecast, 2018-2028 4.5.1 Touch Screen Switches Market Size and Y-o-Y Growth 4.5.2 Touch Screen Switches Market Absolute $ Opportunity
Chapter 5 Global Touch Screen 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 Touch Screen Switches Market Size Forecast by Type
5.2.1 Touchscreen Light Switches
5.2.2 Touchscreen Electromotion Curtains Switches
5.2.3 Touchscreen Integration Switches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Touch Screen 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 Touch Screen Switches Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Touch Screen 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 Touch Screen 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 Touch Screen Switches Analysis and Forecast
9.1 Introduction
9.2 North America Touch Screen 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 Touch Screen Switches Market Size Forecast by Type
9.6.1 Touchscreen Light Switches
9.6.2 Touchscreen Electromotion Curtains Switches
9.6.3 Touchscreen Integration 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 Touch Screen Switches Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
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 Touch Screen Switches Analysis and Forecast
10.1 Introduction
10.2 Europe Touch Screen 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 Touch Screen Switches Market Size Forecast by Type
10.6.1 Touchscreen Light Switches
10.6.2 Touchscreen Electromotion Curtains Switches
10.6.3 Touchscreen Integration 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 Touch Screen Switches Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
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 Touch Screen Switches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Touch Screen 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 Touch Screen Switches Market Size Forecast by Type
11.6.1 Touchscreen Light Switches
11.6.2 Touchscreen Electromotion Curtains Switches
11.6.3 Touchscreen Integration 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 Touch Screen Switches Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
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 Touch Screen Switches Analysis and Forecast
12.1 Introduction
12.2 Latin America Touch Screen 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 Touch Screen Switches Market Size Forecast by Type
12.6.1 Touchscreen Light Switches
12.6.2 Touchscreen Electromotion Curtains Switches
12.6.3 Touchscreen Integration 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 Touch Screen Switches Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
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) Touch Screen Switches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Touch Screen 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) Touch Screen Switches Market Size Forecast by Type
13.6.1 Touchscreen Light Switches
13.6.2 Touchscreen Electromotion Curtains Switches
13.6.3 Touchscreen Integration 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) Touch Screen Switches Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
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 Touch Screen Switches Market: Competitive Dashboard
14.2 Global Touch Screen Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Legrand
14.3.2 Zennio
14.3.3 Ibestek
14.3.4 AVE s.p.a
14.3.5 Gira
14.3.6 Basalte
14.3.7 Lvhua
14.3.8 AODSN
14.3.9 Savekey
14.3.10 Oulu
14.3.11 Legrand
14.3.12 Wulian
14.3.13 YIL Electronic
14.3.14 Perlux
14.3.15 Deriq