Market Overview:
The global rotary paddle switch 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 rotary paddle switches from various end-use industries, such as the petroleum industry, chemical industry, food & beverages industry, and others. In addition, the growing demand for energy-efficient and reliable equipment is also contributing to the growth of this market.
Product Definition:
A rotary paddle switch is a type of electrical switch that uses a rotating disc to control the flow of electricity. It is often used in applications where it is necessary to quickly and easily turn on or off power to a device. The importance of rotary paddle switches lies in their ability to provide an easy way for users to interact with electrical devices, making them ideal for use in industrial or commercial settings.
Boot Shaped Vane:
The boot shaped vanes are used in the rotary paddle switch to reduce the switching time. The growing demand for smart grid technology is expected to drive market growth over the forecast period.
Smart grids are an electric utility's advanced metering and automation system that enables consumers to manage energy usage and reduces transmission & distribution losses. These switches can be easily integrated into a smart grid along with other devices such as meters, transformers, breakers, etc.
Rectangular Vane:
The rectangular vanes are the most commonly used component in rotary paddle switches. They are available in different shapes and sizes, which is used to direct the current flow according to need. The shape of these components can be square, round or rectangle based on their applications.
Rectangular vane is a type of electrical switch that has two metal blades that form an angle of 90 degrees with each other when inserted into a housing.
Application Insights:
The food and beverages industry was the largest application segment in 2017. The growth is attributed to the rising demand for rotary paddle switches in refineries, chemical plants, power plants and oil and gas platforms. Petroleum industry accounted for a significant share of global revenue in 2017 owing to extensive use of rotary paddle switches across offshore platforms, onshore pipelines as well as tankers.
Rotary paddles are used extensively across all petrochemical facilities due to their ability to monitor & control multiple processes at once with fewer resources while reducing human errors & improving overall efficiency over other technologies currently available in the market.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major petroleum, petrochemicals, and chemical industries across the globe. It also has a well-established shipbuilding sector that uses rotary paddle switches for industrial applications as well as for marine vessels. Thus, it has a significant share in both commercial and naval vessels production worldwide.
The presence of numerous shipbuilding facilities in China owing to its extensive waterway network makes it one of the leading markets globally for rotary paddle switch products with a revenue share estimated at around 25% in 2017.
Growth Factors:
- Increasing demand from the automotive industry for rotary paddle switches as a result of their ability to provide reliable and durable performance in extreme conditions.
- Growing popularity of smart homes and the increasing demand for home automation products, which is expected to drive the growth of the rotary paddle switch market during the forecast period.
- Rising demand from end-use industries such as consumer electronics, industrial, and commercial segments owing to benefits such as low power consumption and easy installation offered by rotary paddle switches.
- Proliferation of Internet of Things (IoT) across various industry verticals is anticipated to create new opportunities for growth in the global Rotary Paddle Switch market during the forecast period 2019-2025. 5 Emerging economies are expected to offer significant growth opportunities for players operating in this market due to rising disposable income levels and growing awareness about advanced technologies among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Rotary Paddle Switch Market Research Report
By Type
Boot Shaped Vane, Rectangular Vane, Hinged Vane, Rubber Vane, Others
By Application
Petroleum Industry, Chemical Industry, Food & Beverages Industry, Others
By Companies
KANSAI Automation, Hycontrol, Dwyer Instruments, Inc., Aplus Finetek Sensor, Inc., UWT GmbH, MOLLET Füllstandtechnik GmbH, Siemens, Endress+Hauser AG, Pulsar Process Measurement Ltd, FIAMA, WAMGROUP SpA, FineTek Co., Ltd., OMEGA Engineering, Hawk Measurement Systems, Nivelco zRt, Mucon
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Rotary Paddle Switch Market Report Segments:
The global Rotary Paddle Switch market is segmented on the basis of:
Types
Boot Shaped Vane, Rectangular Vane, Hinged Vane, Rubber Vane, 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.
Applications
Petroleum Industry, Chemical Industry, Food & Beverages Industry, 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:
- KANSAI Automation
- Hycontrol
- Dwyer Instruments, Inc.
- Aplus Finetek Sensor, Inc.
- UWT GmbH
- MOLLET Füllstandtechnik GmbH
- Siemens
- Endress+Hauser AG
- Pulsar Process Measurement Ltd
- FIAMA
- WAMGROUP SpA
- FineTek Co., Ltd.
- OMEGA Engineering
- Hawk Measurement Systems
- Nivelco zRt
- Mucon
Highlights of The Rotary Paddle Switch 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:
- Boot Shaped Vane
- Rectangular Vane
- Hinged Vane
- Rubber Vane
- Others
- By Application:
- Petroleum Industry
- Chemical Industry
- Food & Beverages Industry
- 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 Rotary Paddle Switch 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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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand 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?
A rotary paddle switch is a type of electrical switch that uses a rotating disk to make and break the connection between the two terminals.
Some of the key players operating in the rotary paddle switch market are KANSAI Automation, Hycontrol, Dwyer Instruments, Inc., Aplus Finetek Sensor, Inc., UWT GmbH, MOLLET FƒÂ¼llstandtechnik GmbH, Siemens, Endress+Hauser AG, Pulsar Process Measurement Ltd, FIAMA, WAMGROUP SpA, FineTek Co., Ltd., OMEGA Engineering, Hawk Measurement Systems, Nivelco zRt, Mucon.
The rotary paddle switch market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rotary Paddle Switch 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. Rotary Paddle Switch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rotary Paddle Switch Market - Supply Chain
4.5. Global Rotary Paddle Switch Market Forecast
4.5.1. Rotary Paddle Switch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rotary Paddle Switch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rotary Paddle Switch Market Absolute $ Opportunity
5. Global Rotary Paddle Switch 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. Rotary Paddle Switch Market Size and Volume Forecast by Type
5.3.1. Boot Shaped Vane
5.3.2. Rectangular Vane
5.3.3. Hinged Vane
5.3.4. Rubber Vane
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rotary Paddle Switch 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. Rotary Paddle Switch Market Size and Volume Forecast by Application
6.3.1. Petroleum Industry
6.3.2. Chemical Industry
6.3.3. Food & Beverages Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rotary Paddle Switch 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. Rotary Paddle Switch 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 Rotary Paddle Switch 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. Rotary Paddle Switch 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 Rotary Paddle Switch Demand Share Forecast, 2019-2026
9. North America Rotary Paddle Switch 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 Rotary Paddle Switch 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 Rotary Paddle Switch Market Size and Volume Forecast by Application
9.4.1. Petroleum Industry
9.4.2. Chemical Industry
9.4.3. Food & Beverages Industry
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 Rotary Paddle Switch Market Size and Volume Forecast by Type
9.7.1. Boot Shaped Vane
9.7.2. Rectangular Vane
9.7.3. Hinged Vane
9.7.4. Rubber Vane
9.7.5. 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 Rotary Paddle Switch Demand Share Forecast, 2019-2026
10. Latin America Rotary Paddle Switch 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 Rotary Paddle Switch 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 Rotary Paddle Switch Market Size and Volume Forecast by Application
10.4.1. Petroleum Industry
10.4.2. Chemical Industry
10.4.3. Food & Beverages Industry
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 Rotary Paddle Switch Market Size and Volume Forecast by Type
10.7.1. Boot Shaped Vane
10.7.2. Rectangular Vane
10.7.3. Hinged Vane
10.7.4. Rubber Vane
10.7.5. 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 Rotary Paddle Switch Demand Share Forecast, 2019-2026
11. Europe Rotary Paddle Switch 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 Rotary Paddle Switch 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 Rotary Paddle Switch Market Size and Volume Forecast by Application
11.4.1. Petroleum Industry
11.4.2. Chemical Industry
11.4.3. Food & Beverages Industry
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 Rotary Paddle Switch Market Size and Volume Forecast by Type
11.7.1. Boot Shaped Vane
11.7.2. Rectangular Vane
11.7.3. Hinged Vane
11.7.4. Rubber Vane
11.7.5. Others
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 Rotary Paddle Switch Demand Share, 2019-2026
12. Asia Pacific Rotary Paddle Switch 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 Rotary Paddle Switch 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 Rotary Paddle Switch Market Size and Volume Forecast by Application
12.4.1. Petroleum Industry
12.4.2. Chemical Industry
12.4.3. Food & Beverages Industry
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 Rotary Paddle Switch Market Size and Volume Forecast by Type
12.7.1. Boot Shaped Vane
12.7.2. Rectangular Vane
12.7.3. Hinged Vane
12.7.4. Rubber Vane
12.7.5. 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 Rotary Paddle Switch Demand Share, 2019-2026
13. Middle East & Africa Rotary Paddle Switch 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 Rotary Paddle Switch 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 Rotary Paddle Switch Market Size and Volume Forecast by Application
13.4.1. Petroleum Industry
13.4.2. Chemical Industry
13.4.3. Food & Beverages Industry
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 Rotary Paddle Switch Market Size and Volume Forecast by Type
13.7.1. Boot Shaped Vane
13.7.2. Rectangular Vane
13.7.3. Hinged Vane
13.7.4. Rubber Vane
13.7.5. 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 Rotary Paddle Switch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rotary Paddle Switch Market: Market Share Analysis
14.2. Rotary Paddle Switch Distributors and Customers
14.3. Rotary Paddle Switch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. KANSAI Automation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hycontrol
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dwyer Instruments, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aplus Finetek Sensor, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. UWT GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MOLLET Füllstandtechnik GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Endress+Hauser AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pulsar Process Measurement Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FIAMA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. WAMGROUP SpA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. FineTek Co., Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. OMEGA Engineering
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hawk Measurement Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nivelco zRt
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mucon
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
