Market Overview:
The global surface mount switch market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ultra-miniature surface mount switches in various applications, such as industrial control, medical, aerospace and defense, and others. Additionally, the growing demand for miniaturized electronic devices is also contributing to the growth of this market.
Product Definition:
A surface mount switch is a type of electrical switch that is mounted directly onto the surface of a printed circuit board. This type of switch is often used in electronic devices to control the flow of electricity. The importance of surface mount switches lies in their ability to save space on a circuit board, which can be critical in compact electronic devices.
Ultra-Miniature Surface Mount Pushbutton Switch:
Ultra-miniature surface mount pushbutton switch, also called ultra-miniature switch or USMP sw is a small sized electrical component that can be mounted on printed circuit boards (PCB) by means of conductive epoxy. It has two terminals and three legs. The third leg is shorter than the other two which makes it easy to distinguish from other components when mounted in groups on a PCB.
Ultra-Miniature Surface Mount Toggle Switch:
Ultra-miniature surface mount toggle switch is a circuit breaking device used to interrupt the current flow in an electrical circuit. It has two terminals, one of which is larger than the other and can be connected to either or both of the other terminals by means of a wire. The smaller terminal is usually called as “lead” or “spoon” and it functions as an easily reversible contact for turning on or off the power supply according to requirement.
Application Insights:
The industrial control application segment led the global surface mount switch market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for automation in manufacturing facilities, chemical plants, power generation facilities, and other such sites.
Surface mount switches are used in various applications including HVAC (heating, ventilation & cooling), fire protection/security systems, building management systems (BMS), process control networks for energy generation and transmission infrastructure etc., among others. The versatility of these devices coupled with their growing adoption across industrial automation applications is expected to drive the product demand over the coming years.
The medical application segment accounted for 6% share of the overall revenue in 2017 owing to rising usage of these switches by hospitals.
Regional Analysis:
Asia Pacific surface mount switch market is expected to grow at the highest CAGR of XX% from 2018 to 2030. This can be attributed to increasing industrialization and rapid urbanization in emerging economies such as China, India, and South Korea. Moreover, rising demand for consumer electronics products such as smartphones and laptops has led manufacturers in this region to adopt SMT components in their devices. The Asia Pacific region is home to several key players including Nidec Corporation; Sinosecu Corporation; Invensas Inc.; Fuyuan Semiconductor Co., Ltd.; Panasonic Electric Works Co., Ltd.; Mitsubishi Electric Factory Mutual Limited (MEFJ) Malaysia; Hong Kong Semiconductor Limited; Taiwan Semiconductor Manufacturing Company, Inc.; Fujitsu General Bussi ry Ltd.; and Samsung Electronics Co., Ltd.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive industry
- Growing popularity of LED lighting
- Proliferation of the Internet of Things (IoT)
- Emergence of next-generation data centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Surface Mount Switch Market Research Report
By Type
Ultra-Miniature Surface Mount Pushbutton Switch, Ultra-Miniature Surface Mount Toggle Switch
By Application
Industrial Control, Medical, Aerospace and Defense, Others
By Companies
NKK SWitches Co. Ltd, C&K Components, Omron, E-Switch Inc, Grayhill Inc, Panasonic, Nascom Inc, Honeywell, Carling Technologies Inc, Hokuriku Electric Industry Co. Ltd
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Surface Mount Switch Market Report Segments:
The global Surface Mount Switch market is segmented on the basis of:
Types
Ultra-Miniature Surface Mount Pushbutton Switch, Ultra-Miniature Surface Mount Toggle Switch
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
Industrial Control, Medical, Aerospace and Defense, 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:
- NKK SWitches Co. Ltd
- C&K Components
- Omron
- E-Switch Inc
- Grayhill Inc
- Panasonic
- Nascom Inc
- Honeywell
- Carling Technologies Inc
- Hokuriku Electric Industry Co. Ltd
Highlights of The Surface Mount 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:
- Ultra-Miniature Surface Mount Pushbutton Switch
- Ultra-Miniature Surface Mount Toggle Switch
- By Application:
- Industrial Control
- Medical
- Aerospace and Defense
- 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 Surface Mount 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.
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
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 surface mount switch is a type of electronic switch that is mounted on the surface of a printed circuit board. Surface mount switches are smaller and more compact than traditional flip-flop or toggle switches, making them ideal for use in small devices.
Some of the major players in the surface mount switch market are NKK SWitches Co. Ltd, C&K Components, Omron, E-Switch Inc, Grayhill Inc, Panasonic, Nascom Inc, Honeywell, Carling Technologies Inc, Hokuriku Electric Industry Co. Ltd.
The surface mount 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. Surface Mount 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. Surface Mount Switch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surface Mount Switch Market - Supply Chain
4.5. Global Surface Mount Switch Market Forecast
4.5.1. Surface Mount Switch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surface Mount Switch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surface Mount Switch Market Absolute $ Opportunity
5. Global Surface Mount 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. Surface Mount Switch Market Size and Volume Forecast by Type
5.3.1. Ultra-Miniature Surface Mount Pushbutton Switch
5.3.2. Ultra-Miniature Surface Mount Toggle Switch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surface Mount 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. Surface Mount Switch Market Size and Volume Forecast by Application
6.3.1. Industrial Control
6.3.2. Medical
6.3.3. Aerospace and Defense
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surface Mount 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. Surface Mount 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 Surface Mount 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. Surface Mount 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 Surface Mount Switch Demand Share Forecast, 2019-2026
9. North America Surface Mount 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 Surface Mount 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 Surface Mount Switch Market Size and Volume Forecast by Application
9.4.1. Industrial Control
9.4.2. Medical
9.4.3. Aerospace and Defense
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 Surface Mount Switch Market Size and Volume Forecast by Type
9.7.1. Ultra-Miniature Surface Mount Pushbutton Switch
9.7.2. Ultra-Miniature Surface Mount Toggle Switch
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 Surface Mount Switch Demand Share Forecast, 2019-2026
10. Latin America Surface Mount 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 Surface Mount 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 Surface Mount Switch Market Size and Volume Forecast by Application
10.4.1. Industrial Control
10.4.2. Medical
10.4.3. Aerospace and Defense
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 Surface Mount Switch Market Size and Volume Forecast by Type
10.7.1. Ultra-Miniature Surface Mount Pushbutton Switch
10.7.2. Ultra-Miniature Surface Mount Toggle Switch
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 Surface Mount Switch Demand Share Forecast, 2019-2026
11. Europe Surface Mount 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 Surface Mount 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 Surface Mount Switch Market Size and Volume Forecast by Application
11.4.1. Industrial Control
11.4.2. Medical
11.4.3. Aerospace and Defense
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 Surface Mount Switch Market Size and Volume Forecast by Type
11.7.1. Ultra-Miniature Surface Mount Pushbutton Switch
11.7.2. Ultra-Miniature Surface Mount Toggle Switch
11.8. Basis Point Shae (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 Surface Mount Switch Demand Share, 2019-2026
12. Asia Pacific Surface Mount 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 Surface Mount 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 Surface Mount Switch Market Size and Volume Forecast by Application
12.4.1. Industrial Control
12.4.2. Medical
12.4.3. Aerospace and Defense
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 Surface Mount Switch Market Size and Volume Forecast by Type
12.7.1. Ultra-Miniature Surface Mount Pushbutton Switch
12.7.2. Ultra-Miniature Surface Mount Toggle Switch
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 Surface Mount Switch Demand Share, 2019-2026
13. Middle East & Africa Surface Mount 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 Surface Mount 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 Surface Mount Switch Market Size and Volume Forecast by Application
13.4.1. Industrial Control
13.4.2. Medical
13.4.3. Aerospace and Defense
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 Surface Mount Switch Market Size and Volume Forecast by Type
13.7.1. Ultra-Miniature Surface Mount Pushbutton Switch
13.7.2. Ultra-Miniature Surface Mount Toggle Switch
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 Surface Mount Switch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surface Mount Switch Market: Market Share Analysis
14.2. Surface Mount Switch Distributors and Customers
14.3. Surface Mount Switch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NKK SWitches Co. Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. C&K Components
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
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. E-Switch 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. Grayhill Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Panasonic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nascom Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Honeywell
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Carling Technologies Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hokuriku Electric Industry Co. Ltd
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
