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Global Switches Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
SKU ID : GIR-13814009 | Publishing Date : 05-Feb-2019 | No. of pages : 137
Whenever a switching mechanism relies on a mechanical action to change the direction or orientation of path continuity within its terminal base, it is referred to as an electromechanical switch. These switches can often be hampered by a short cycle life due to the inherent wear and tear associated with mechanical operation, but there are many switches that still can maintain a significant amount of cycles before signal and mechanical degradation.
Scope of the Report:
Switches industry is relatively concentrated, manufacturers are mostly in the Japan, EU, United States and China. Among them, Japan output value accounted for more than 31.33% of the total output value of global switches in 2016. ITT Industries is the world leading manufacturer in global switches market with the market share of 12.79%, in terms of revenue.
The global switches market is expected to reach $4769.10 million by 2022 from $4568.21 million in 2017, growing at a CAGR of 0.86% from 2017 to 2021. And China market is expected to be the biggest market with output market share of 28.12% in 2022.
With the increasing in production capacity, expected that the switches raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of switches.
There are companies aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of switches will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology, cost of raw materials, as well as the substitute threat.
The worldwide market for Switches is expected to grow at a CAGR of roughly 0.9% over the next five years, will reach 4810 million US$ in 2024, from 4570 million US$ in 2019, according to a new study.
This report focuses on the Switches in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
ITT Industries
NKK Switches
TE Connectivity
ALPS
Omron
APEM
E-Switch
Electroswitch
CTS
Carling Technologies
Honeywell
TOPLY
Channel Electronic
Bulgin
Panasonic
Grayhill
ITW Switches
OTTO
Arcolectric
Bourns
Copal Electronics
Eaton
Schurter
Schneider
Phoenix Contact
ELMA
EAO
NOVA
Lorlin
LEVITON
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Tactile
Slide
Rotary
Encoder
Toggle
Push
Detect
Micro
Power
Dip
Market Segment by Applications, can be divided into
Military
Aerospace
Commercial
Industrial
Healthcare
Automotive
White Goods
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Switches product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Switches, with price, sales, revenue and global market share of Switches in 2017 and 2018.
Chapter 3, the Switches competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Switches breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Switches market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Switches sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Scope of the Report:
Switches industry is relatively concentrated, manufacturers are mostly in the Japan, EU, United States and China. Among them, Japan output value accounted for more than 31.33% of the total output value of global switches in 2016. ITT Industries is the world leading manufacturer in global switches market with the market share of 12.79%, in terms of revenue.
The global switches market is expected to reach $4769.10 million by 2022 from $4568.21 million in 2017, growing at a CAGR of 0.86% from 2017 to 2021. And China market is expected to be the biggest market with output market share of 28.12% in 2022.
With the increasing in production capacity, expected that the switches raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of switches.
There are companies aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of switches will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology, cost of raw materials, as well as the substitute threat.
The worldwide market for Switches is expected to grow at a CAGR of roughly 0.9% over the next five years, will reach 4810 million US$ in 2024, from 4570 million US$ in 2019, according to a new study.
This report focuses on the Switches in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
ITT Industries
NKK Switches
TE Connectivity
ALPS
Omron
APEM
E-Switch
Electroswitch
CTS
Carling Technologies
Honeywell
TOPLY
Channel Electronic
Bulgin
Panasonic
Grayhill
ITW Switches
OTTO
Arcolectric
Bourns
Copal Electronics
Eaton
Schurter
Schneider
Phoenix Contact
ELMA
EAO
NOVA
Lorlin
LEVITON
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Tactile
Slide
Rotary
Encoder
Toggle
Push
Detect
Micro
Power
Dip
Market Segment by Applications, can be divided into
Military
Aerospace
Commercial
Industrial
Healthcare
Automotive
White Goods
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Switches product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Switches, with price, sales, revenue and global market share of Switches in 2017 and 2018.
Chapter 3, the Switches competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Switches breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Switches market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Switches sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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