Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Light Touch Switches Market by Type (Standard Types, Illuminated Types, Sealed Types, SMD Types), By Application (Automotive, Medical, 3C Products, Information Appliance, White Goods) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Light Touch Switches Market by Type (Standard Types, Illuminated Types, Sealed Types, SMD Types), By Application (Automotive, Medical, 3C Products, Information Appliance, White Goods) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 135566 3300 Machinery & Equipment 377 240 Pages 4.6 (43)
                                          

Market Overview:


The global light touch 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 smart and energy-efficient homes, rising awareness about safety and security, and growing demand for 3C products. The global light touch switches market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into standard types, illuminated types, sealed types SMD types.


Global Light Touch Switches Industry Outlook


Product Definition:


A light touch switch is a type of switch that uses a very light touch to activate. They are often used in place of traditional switches, as they are easier to activate and can be used with less effort.


Standard Types:


The global standard types, it's usage and growth factor in the light touch switches market is expected to witness significant growth over the forecast period. The Standard Types are majorly used in Light Touch Switches which are further used for commercial applications such as offices, shops, hotels and other utility areas. Increasing demand for touch technology based equipment across different verticals such as consumer electronics & appliances industry is expected to drive the market over the next seven years.


Illuminated Types:


The global Illuminated types and it's usage in Light Touch Switches market size was valued at USD 0.00 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2019 to 2025. The market has witnessed considerable growth over the past few years owing to the increasing demand for touch-enabled devices across various industry verticals such as consumer electronics, automotive, healthcare, retail among others.


Application Insights:


The automotive application segment accounted for the largest revenue share of over 30% in 2017. The use of light touch switches is increasing in automobiles as they help to conserve energy and reduce carbon emissions. Moreover, these switches are used in various other applications such as infotainment systems, headlamps and exterior lamps among others.


The medical application segment is expected to witness the fastest growth rate over the forecast period owing to growing demand from end-user industries such as healthcare, pharmaceuticals and food & beverages for advanced technological products that offer enhanced user experience. These technologically advanced products include integrated solutions along with medical-grade components that deliver high performance standards at a reasonable price point within budget constraints set by clients or authorities concerned about cost containment issues during emergencies or calamities relief operations carried out by public authorities on a national level or local levels depending upon the scale of occurrences ranging from natural disasters like earthquakes, floods etc., man-made disasters like fire accidents etc.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing industrialization and rising adoption in emerging countries, such as China, India, and Japan. Moreover, Asia Pacific has been observed as a hub for manufacturing light touch switches on account of low labor cost and high availability of raw materials.


The market in Europe is anticipated to witness considerable growth over the forecast period owing to growing product demand from various application segments including automotive, medical & healthcare devices & systems among others. The presence of major automobile manufacturers including Volkswagen Group; BMW AG; Mercedes Benz AG; Fiat Chrysler Automobiles N.V.; Ferrari S.p A.; Aston Martin Lagonda Ltd.; Alfa Romeo Sistemi d'Informazione e Comunicazione SpA; Volvo Car Corporation etc.


Growth Factors:


  • Increasing demand for smart and energy-efficient homes
  • Rising awareness about the benefits of using light touch switches
  • Growing popularity of home automation systems
  • Advances in technology that have led to the development of more sophisticated light touch switches
  • The increasing number of construction projects in developing countries

Scope Of The Report

Report Attributes

Report Details

Report Title

Light Touch Switches Market Research Report

By Type

Standard Types, Illuminated Types, Sealed Types, SMD Types

By Application

Automotive, Medical, 3C Products, Information Appliance, White Goods

By Companies

APLS, Panasonic, Omron Electronics, C&K Components, Wurth Electronics, NKK, Apem, TE Connectivity, CTS Corp., Bourns Components, E-Switch, Knitter-switch, Xinda, Marquardt, Mitsumi Electric, Changfeng, OMTEN, Han Young, Oppho

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

240

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Light Touch Switches Market Report Segments:

The global Light Touch Switches market is segmented on the basis of:

Types

Standard Types, Illuminated Types, Sealed Types, SMD Types

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

Automotive, Medical, 3C Products, Information Appliance, White Goods

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:

  1. APLS
  2. Panasonic
  3. Omron Electronics
  4. C&K Components
  5. Wurth Electronics
  6. NKK
  7. Apem
  8. TE Connectivity
  9. CTS Corp.
  10. Bourns Components
  11. E-Switch
  12. Knitter-switch
  13. Xinda
  14. Marquardt
  15. Mitsumi Electric
  16. Changfeng
  17. OMTEN
  18. Han Young
  19. Oppho

Global Light Touch Switches Market Overview


Highlights of The Light Touch Switches Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Standard Types
    2. Illuminated Types
    3. Sealed Types
    4. SMD Types
  1. By Application:

    1. Automotive
    2. Medical
    3. 3C Products
    4. Information Appliance
    5. White Goods
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Light Touch 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
  • Identifying Appropriate Advertising Appeals

Global Light Touch Switches Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Light touch switches are a type of switch that uses a light touch to activate the switch. This makes it easier for people with disabilities to use the device.

Some of the major players in the light touch switches market are APLS, Panasonic, Omron Electronics, C&K Components, Wurth Electronics, NKK, Apem, TE Connectivity, CTS Corp., Bourns Components, E-Switch, Knitter-switch, Xinda, Marquardt, Mitsumi Electric, Changfeng, OMTEN, Han Young, Oppho.

The light touch switches market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Light Touch 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. Light Touch Switches Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Light Touch Switches Market - Supply Chain
   4.5. Global Light Touch Switches Market Forecast
      4.5.1. Light Touch Switches Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Light Touch Switches Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Light Touch Switches Market Absolute $ Opportunity

5. Global Light Touch 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. Light Touch Switches Market Size and Volume Forecast by Type
      5.3.1. Standard Types
      5.3.2. Illuminated Types
      5.3.3. Sealed Types
      5.3.4. SMD Types
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Light Touch 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. Light Touch Switches Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Medical
      6.3.3. 3C Products
      6.3.4. Information Appliance
      6.3.5. White Goods
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Light Touch 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. Light Touch 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 Light Touch 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. Light Touch 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 Light Touch Switches Demand Share Forecast, 2019-2029

9. North America Light Touch 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 Light Touch 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 Light Touch Switches Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Medical
      9.4.3. 3C Products
      9.4.4. Information Appliance
      9.4.5. White Goods
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Light Touch Switches Market Size and Volume Forecast by Type
      9.7.1. Standard Types
      9.7.2. Illuminated Types
      9.7.3. Sealed Types
      9.7.4. SMD Types
   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 Light Touch Switches Demand Share Forecast, 2019-2029

10. Latin America Light Touch 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 Light Touch 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 Light Touch Switches Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Medical
      10.4.3. 3C Products
      10.4.4. Information Appliance
      10.4.5. White Goods
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Light Touch Switches Market Size and Volume Forecast by Type
      10.7.1. Standard Types
      10.7.2. Illuminated Types
      10.7.3. Sealed Types
      10.7.4. SMD Types
   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 Light Touch Switches Demand Share Forecast, 2019-2029

11. Europe Light Touch 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 Light Touch 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 Light Touch Switches Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Medical
      11.4.3. 3C Products
      11.4.4. Information Appliance
      11.4.5. White Goods
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Light Touch Switches Market Size and Volume Forecast by Type
      11.7.1. Standard Types
      11.7.2. Illuminated Types
      11.7.3. Sealed Types
      11.7.. SMD Types
   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 Light Touch Switches Demand Share, 2019-2029

12. Asia Pacific Light Touch 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 Light Touch 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 Light Touch Switches Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Medical
      12.4.3. 3C Products
      12.4.4. Information Appliance
      12.4.5. White Goods
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Light Touch Switches Market Size and Volume Forecast by Type
      12.7.1. Standard Types
      12.7.2. Illuminated Types
      12.7.3. Sealed Types
      12.7.4. SMD Types
   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 Light Touch Switches Demand Share, 2019-2029

13. Middle East & Africa Light Touch 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 Light Touch 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 Light Touch Switches Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Medical
      13.4.3. 3C Products
      13.4.4. Information Appliance
      13.4.5. White Goods
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Light Touch Switches Market Size and Volume Forecast by Type
      13.7.1. Standard Types
      13.7.2. Illuminated Types
      13.7.3. Sealed Types
      13.7.4. SMD Types
   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 Light Touch Switches Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Light Touch Switches Market: Market Share Analysis
   14.2. Light Touch Switches Distributors and Customers
   14.3. Light Touch Switches Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. APLS
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Panasonic
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Omron Electronics
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. C&K Components
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Wurth Electronics
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. NKK
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Apem
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. TE Connectivity
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. CTS Corp.
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Bourns Components
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. E-Switch
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Knitter-switch
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Xinda
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Marquardt
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Mitsumi Electric
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Changfeng
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. OMTEN
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Han Young
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Oppho
         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

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