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.
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:
- 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
Highlights of The Light Touch 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:
- Standard Types
- Illuminated Types
- Sealed Types
- SMD Types
- By Application:
- Automotive
- Medical
- 3C Products
- Information Appliance
- White Goods
- 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 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.
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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?
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