Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Power Tool Switches Market by Type (Speed Switches, Trigger Switches, Micro Switches, Others), By Application (Saws, Drills, Hammers, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Power Tool Switches Market by Type (Speed Switches, Trigger Switches, Micro Switches, Others), By Application (Saws, Drills, Hammers, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 157557 3300 Machinery & Equipment 377 237 Pages 4.8 (34)

Market Overview:

The global power tool 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 power tools across various applications, such as saws, drills, hammers, and others. In addition, the growing construction and automotive industries are also contributing to the growth of this market. The global power tool switches market is segmented on the basis of type into speed switches, trigger switches, microswitches, and others. The trigger switch segment is expected to hold the largest share in this market during the forecast period owing to its high demand across various applications.

Global Power Tool Switches Industry Outlook

Product Definition:

A power tool switch is a component of an electric power tool that switches the electrical current on and off. The switch is usually located on the handle of the tool.

Speed Switches:

The global speed switches, also known as trigger switches or foot-operated controls, market size was valued at USD 1.5 billion in 2015 and is expected to witness significant growth over the forecast period. The growing demand for power tools across various industry verticals such as construction, automotive and electronics is anticipated to drive the product demand over the next seven years.

Trigger Switches:

A trigger switch is a type of power tool switches used to perform an action when the user presses or activates it. It’s basically an on-off button that enables the functionality of a power tool. The most common types of trigger switches are toggle, rocker, and slide switches.

Toggle switch: This is one of the simplest forms as it only has two positions; On position and Off position.

Application Insights:

The saws segment dominated the global power tool switches market in terms of revenue share in 2017. This is attributed to the high usage of power tools for cutting materials such as wood, metal, and stone. The rising demand for construction and building materials has also been contributing to the growth of this segment. For instance, according to a study published by World Data Lab in 2018, it was estimated that there will be a shortage of around 40 million tons of construction material by 2030 if current trends continue. This factor is projected to increase product demand over the forecast period.

The drills segment is expected register significant growth over the forecast period owing to its wide application across various industries including automotive & transportation.

Regional Analysis:

Asia Pacific power tool switches market is anticipated to witness significant growth over the forecast period. The region’s rapid industrialization and increasing need for better infrastructure are expected to drive the regional product demand in construction, automotive, marine and other industries. China dominated the APAC market in 2017 owing to its large manufacturing base of power tools as well as consumer appliances such as refrigerators, washing machines and air conditioners.

The North America market was valued at USD X million in 2017 owing to high disposable income of consumers coupled with growing awareness regarding electrical safety standards across various industries including construction, automotive and others. Europe accounted for a significant share of revenue due to rising preference for ‘Green’ products by manufacturers coupled with stringent government regulations on energy consumption associated with each product category including speed switches. Moreover, presence of key industry players such as ABB Ltd., Siemens AG & Co.

Growth Factors:

  • Increasing demand for power tools from construction and manufacturing industries
  • Rising disposable income of consumers in developing countries
  • Technological advancements in power tool switches that offer better performance and safety features
  • Growing popularity of DIY projects among consumers
  • Expansion of retail networks by leading players in the market

Scope Of The Report

Report Attributes

Report Details

Report Title

Power Tool Switches Market Research Report

By Type

Speed Switches, Trigger Switches, Micro Switches, Others

By Application

Saws, Drills, Hammers, Others

By Companies

Defond, Marquardt Gruppe, Bremas, CPX Switch, Superior Electric, Tyco Electronics, Weida, Kedu Electric, TACLEX, ALONG, Baokezhen

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

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

Global Power Tool Switches Market Report Segments:

The global Power Tool Switches market is segmented on the basis of:


Speed Switches, Trigger Switches, Micro Switches, Others

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.


Saws, Drills, Hammers, 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:

  1. Defond
  2. Marquardt Gruppe
  3. Bremas
  4. CPX Switch
  5. Superior Electric
  6. Tyco Electronics
  7. Weida
  8. Kedu Electric
  10. ALONG
  11. Baokezhen

Global Power Tool Switches Market Overview

Highlights of The Power Tool 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. Speed Switches
    2. Trigger Switches
    3. Micro Switches
    4. Others
  1. By Application:

    1. Saws
    2. Drills
    3. Hammers
    4. Others
  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 Power Tool 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 Power Tool 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?

Power tool switches are the buttons on power tools that allow you to turn the power on and off.

Some of the key players operating in the power tool switches market are Defond, Marquardt Gruppe, Bremas, CPX Switch, Superior Electric, Tyco Electronics, Weida, Kedu Electric, TACLEX, ALONG, Baokezhen.

The power tool switches market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

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

5. Global Power Tool 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. Power Tool Switches Market Size and Volume Forecast by Type
      5.3.1. Speed Switches
      5.3.2. Trigger Switches
      5.3.3. Micro Switches
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Power Tool 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. Power Tool Switches Market Size and Volume Forecast by Application
      6.3.1. Saws
      6.3.2. Drills
      6.3.3. Hammers
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Power Tool 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. Power Tool 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 Power Tool 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. Power Tool 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 Power Tool Switches Demand Share Forecast, 2019-2026

9. North America Power Tool 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 Power Tool 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 Power Tool Switches Market Size and Volume Forecast by Application
      9.4.1. Saws
      9.4.2. Drills
      9.4.3. Hammers
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Power Tool Switches Market Size and Volume Forecast by Type
      9.7.1. Speed Switches
      9.7.2. Trigger Switches
      9.7.3. Micro Switches
      9.7.4. Others
   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 Power Tool Switches Demand Share Forecast, 2019-2026

10. Latin America Power Tool 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 Power Tool 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 Power Tool Switches Market Size and Volume Forecast by Application
      10.4.1. Saws
      10.4.2. Drills
      10.4.3. Hammers
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Power Tool Switches Market Size and Volume Forecast by Type
      10.7.1. Speed Switches
      10.7.2. Trigger Switches
      10.7.3. Micro Switches
      10.7.4. Others
   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 Power Tool Switches Demand Share Forecast, 2019-2026

11. Europe Power Tool 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 Power Tool 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 Power Tool Switches Market Size and Volume Forecast by Application
      11.4.1. Saws
      11.4.2. Drills
      11.4.3. Hammers
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Power Tool Switches Market Size and Volume Forecast by Type
      11.7.1. Speed Switches
      11.7.2. Trigger Switches
      11.7.3. Micro Switches
      11.7.4. Others
   11.8. Basis Point Share (BPS) Analysis by Typ
   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 Power Tool Switches Demand Share, 2019-2026

12. Asia Pacific Power Tool 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 Power Tool 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 Power Tool Switches Market Size and Volume Forecast by Application
      12.4.1. Saws
      12.4.2. Drills
      12.4.3. Hammers
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Power Tool Switches Market Size and Volume Forecast by Type
      12.7.1. Speed Switches
      12.7.2. Trigger Switches
      12.7.3. Micro Switches
      12.7.4. Others
   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 Power Tool Switches Demand Share, 2019-2026

13. Middle East & Africa Power Tool 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 Power Tool 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 Power Tool Switches Market Size and Volume Forecast by Application
      13.4.1. Saws
      13.4.2. Drills
      13.4.3. Hammers
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Power Tool Switches Market Size and Volume Forecast by Type
      13.7.1. Speed Switches
      13.7.2. Trigger Switches
      13.7.3. Micro Switches
      13.7.4. Others
   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 Power Tool Switches Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Power Tool Switches Market: Market Share Analysis
   14.2. Power Tool Switches Distributors and Customers
   14.3. Power Tool Switches Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Defond Overview Financials Developments Strategic Outlook
      14.4.2. Marquardt Gruppe Overview Financials Developments Strategic Outlook
      14.4.3. Bremas Overview Financials Developments Strategic Outlook
      14.4.4. CPX Switch Overview Financials Developments Strategic Outlook
      14.4.5. Superior Electric Overview Financials Developments Strategic Outlook
      14.4.6. Tyco Electronics Overview Financials Developments Strategic Outlook
      14.4.7. Weida Overview Financials Developments Strategic Outlook
      14.4.8. Kedu Electric Overview Financials Developments Strategic Outlook
      14.4.9. TACLEX Overview Financials Developments Strategic Outlook
      14.4.10. ALONG Overview Financials Developments Strategic Outlook
      14.4.11. Baokezhen Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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