Market Overview:
The global industrial wireless control switches market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wireless limit switches and wireless pushbutton switches across different industries such as power, oil and gas, factory automation, construction engineering, and others. Additionally, the growing demand for smart factories is also contributing to the growth of this market. North America accounted for the largest share of the global industrial wireless control switches market in 2017 and is expected to maintain its dominance during the forecast period.
Product Definition:
Industrial Wireless Control Switches are used to remotely control machines or processes in factories, plants, and other industrial settings. They can be used to turn on or off equipment, start or stop processes, and monitor conditions. Industrial Wireless Control Switches can improve efficiency and safety in factories by allowing operators to control equipment from a distance.
Wireless Limit Switches:
Wireless limit switches are used to protect the equipment from damage due to overloading, short circuit, or overload. They are also used in industrial wireless control switches market for protection and monitoring applications. It is a mechanical device that works on the principle of electromagnetic induction when it is activated; it creates an electrical field which induces a current in the coil of wire around which it operates.
Wireless Pushbutton Switches:
Wireless pushbutton switches are used in control wireless devices such as programmable logic controllers (PLCs) and data loggers. They are also used in other applications where a momentary connection is required for the transmission of signals. These devices have no physical connections; instead, they rely on radio frequency transmissions to operate.
The global wireless pushbutton switches.
Application Insights:
The power industry segment dominated the global industrial wireless control switches market in terms of revenue share in 2017. The growth can be attributed to increasing demand for energy from growing population and rapid urbanization. Rapidly expanding renewable energy generation capacity, such as wind and solar, is also expected to drive the growth over the forecast period.
Industrial wireless control switches are used across various industries including oil and gas, construction engineering, power generation & distribution automation sector among others which require a high level of automation for improving business operations while reducing costs or increasing productivity. These products have applications across sectors such as manufacturing, utilities (power generation & distribution), oil & gas refineries along with transportation systems (railways) among others which require highly automated processes with low human intervention levels during production or logistics activities respectively thereby driving its adoption across various industries globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial automation projects, which is driving the demand for wireless control switches. Moreover, rising investments by governments of various countries such as China and India are anticipated to boost regional growth during the forecast period.
The European market also held a significant share of global revenue in 2017 owing to high demand from end-use industries such as oil and gas, power industry, factory automation etc., However; North America region is projected to grow at a lucrative CAGR over the forecast years due to increasing adoption from other end-use sectors such as construction engineering sector or others.
Growth Factors:
- Increasing demand for wireless control switches in industrial applications
- Growing popularity of Industry 4.0 and the Internet of Things (IoT)
- Proliferation of smart factories and automation across industries
- Rising demand for energy-efficient and cost-effective solutions
- Growing awareness about the benefits of wireless control switches
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Wireless Control Switches Market Research Report
By Type
Wireless Limit Switches, Wireless Pushbutton Switches
By Application
Power Industry, Oil and Gas, Factory Automation, Construction Engineering, Others
By Companies
Honeywell, Omron, ABB, Schneider Electric, Steute Technologies, Herga Technology, Linemaster, Siemens, CHINT, Marquardt
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Wireless Control Switches Market Report Segments:
The global Industrial Wireless Control Switches market is segmented on the basis of:
Types
Wireless Limit Switches, Wireless Pushbutton 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
Power Industry, Oil and Gas, Factory Automation, Construction Engineering, 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:
- Honeywell
- Omron
- ABB
- Schneider Electric
- Steute Technologies
- Herga Technology
- Linemaster
- Siemens
- CHINT
- Marquardt
Highlights of The Industrial Wireless Control 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:
- Wireless Limit Switches
- Wireless Pushbutton Switches
- By Application:
- Power Industry
- Oil and Gas
- Factory Automation
- Construction Engineering
- 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 Industrial Wireless Control 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Industrial wireless control switches are used to remotely manage industrial systems. They allow operators to monitor and control equipment from a distance, making it easier to maintain production lines or respond to emergencies.
Some of the major companies in the industrial wireless control switches market are Honeywell, Omron, ABB, Schneider Electric, Steute Technologies, Herga Technology, Linemaster, Siemens, CHINT, Marquardt.
The industrial wireless control switches market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Wireless Control Switches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Wireless Control Switches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Wireless Control Switches Market - Supply Chain
4.5. Global Industrial Wireless Control Switches Market Forecast
4.5.1. Industrial Wireless Control Switches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Wireless Control Switches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Wireless Control Switches Market Absolute $ Opportunity
5. Global Industrial Wireless Control Switches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Wireless Control Switches Market Size and Volume Forecast by Type
5.3.1. Wireless Limit Switches
5.3.2. Wireless Pushbutton Switches
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Wireless Control Switches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Wireless Control Switches Market Size and Volume Forecast by Application
6.3.1. Power Industry
6.3.2. Oil and Gas
6.3.3. Factory Automation
6.3.4. Construction Engineering
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Wireless Control Switches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Wireless Control Switches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Wireless Control Switches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Wireless Control Switches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Wireless Control Switches Demand Share Forecast, 2019-2026
9. North America Industrial Wireless Control Switches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Wireless Control Switches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Wireless Control Switches Market Size and Volume Forecast by Application
9.4.1. Power Industry
9.4.2. Oil and Gas
9.4.3. Factory Automation
9.4.4. Construction Engineering
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Wireless Control Switches Market Size and Volume Forecast by Type
9.7.1. Wireless Limit Switches
9.7.2. Wireless Pushbutton Switches
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Wireless Control Switches Demand Share Forecast, 2019-2026
10. Latin America Industrial Wireless Control Switches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Wireless Control Switches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Wireless Control Switches Market Size and Volume Forecast by Application
10.4.1. Power Industry
10.4.2. Oil and Gas
10.4.3. Factory Automation
10.4.4. Construction Engineering
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Wireless Control Switches Market Size and Volume Forecast by Type
10.7.1. Wireless Limit Switches
10.7.2. Wireless Pushbutton Switches
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Wireless Control Switches Demand Share Forecast, 2019-2026
11. Europe Industrial Wireless Control Switches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Wireless Control Switches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Wireless Control Switches Market Size and Volume Forecast by Application
11.4.1. Power Industry
11.4.2. Oil and Gas
11.4.3. Factory Automation
11.4.4. Construction Engineering
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Wireless Control Switchs Market Size and Volume Forecast by Type
11.7.1. Wireless Limit Switches
11.7.2. Wireless Pushbutton Switches
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Wireless Control Switches Demand Share, 2019-2026
12. Asia Pacific Industrial Wireless Control Switches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Wireless Control Switches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Wireless Control Switches Market Size and Volume Forecast by Application
12.4.1. Power Industry
12.4.2. Oil and Gas
12.4.3. Factory Automation
12.4.4. Construction Engineering
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Wireless Control Switches Market Size and Volume Forecast by Type
12.7.1. Wireless Limit Switches
12.7.2. Wireless Pushbutton Switches
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Wireless Control Switches Demand Share, 2019-2026
13. Middle East & Africa Industrial Wireless Control Switches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Wireless Control Switches Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Wireless Control Switches Market Size and Volume Forecast by Application
13.4.1. Power Industry
13.4.2. Oil and Gas
13.4.3. Factory Automation
13.4.4. Construction Engineering
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Wireless Control Switches Market Size and Volume Forecast by Type
13.7.1. Wireless Limit Switches
13.7.2. Wireless Pushbutton Switches
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Wireless Control Switches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Wireless Control Switches Market: Market Share Analysis
14.2. Industrial Wireless Control Switches Distributors and Customers
14.3. Industrial Wireless Control Switches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Omron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Steute Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Herga Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Linemaster
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Siemens
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CHINT
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Marquardt
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
