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Global Industrial Control Switches Market 2016-2020

About Industrial Control Switches

Limit switches are the fastest growing segment and account for nearly half of the overall industrial control switches market. End-users prefer switches that hold certifications, such as European Union (CE certification) and Canadian Standards Association (CSA), to prevent factory accidents and frequent switch failures. However, these certification preferences tend to vary from industry to industry, and the cost of the switches depends on these certifications.

Technavio’s analysts forecast the global industrial control switches market to grow at a CAGR of 3.44% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial control switches market for 2016-2020. To calculate the market size, the report considers the revenue generated from the following product types:

  • Limit switches
  • Push buttons
  • Rotary switches
The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Control Switches Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Eaton
  • Emerson Electric
  • GE
  • Rockwell Automation
  • Schneider Electric
Other prominent vendors
  • Altech Corp
  • C&K Components
  • Carling Technologies
  • CG Power Systems
  • Cherry Electrical Products
  • Chint
  • Delixi Electric
  • E-Switch
  • EECO
  • Fuji electric
  • Grayhill
  • Honeywell
  • Kaycee Industries
  • LG
  • Marquardt Switches
  • Mersen
  • Microprecision
  • NKK Switches
  • Omron
  • Schurter
  • Siemens
  • Socomec
  • TE Connectivity
  • Tengen
  • Turck
Market driver
  • Regulations and safety standards
  • For a full, detailed list, view our report
Market challenge
  • Slowing economy of major countries
  • For a full, detailed list, view our report
Market trend
  • Growing concept of economies of scale
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Control Switches Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Industrial Control Switches Market: ABB, Eaton, Emerson Electric, GE, Rockwell Automation and Schneider Electric.

Other Prominent Vendors in the market are: Altech Corp, C&K Components, Carling Technologies, CG Power Systems, Cherry Electrical Products, Chint, Delixi Electric, E-Switch, EECO, Fuji electric, Grayhill, Honeywell, Kaycee Industries, LG, Marquardt Switches, Mersen, Microprecision, NKK Switches, Omron, Schurter, Siemens, Socomec, TE Connectivity, Tengen, and Turck.

Commenting on the report, an analyst from Technavio’s team said: “Manufacturers are increasingly looking at standardization in their manufacturing facilities in addition to seeking economies of scale to reduce operational costs. The concept of automation, the IoT and other automation solutions are gaining significance in the market. Such technologies can reduce manual intervention and help industries to cut costs.”

According to the report, stringent regulations, such as process safety management guidelines related to health and environmental safety and excess power consumption, are leading to companies modernizing plants with advanced automation and instrumentation solutions. This is expected to boost the demand for industrial switches in mining, heavy machinery manufacturing power, automotive, oil and gas, and F&B industries, among others.

Further, the report states that slowing economy of major countries is restricting the market growth.

Companies Mentioned

ABB, Eaton, Emerson Electric, GE, Rockwell Automation, Schneider Electric, Altech Corp, C&K Components, Carling Technologies, CG Power Systems, Cherry Electrical Products, Chint, Delixi Electric, E-Switch, EECO, Fuji electric, Grayhill, Honeywell, Kaycee Industries, LG, Marquardt Switches, Mersen, Microprecision, NKK Switches, Omron, Schurter, Siemens, Socomec, TE Connectivity, Tengen, Turck.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Market split: Based on geography
      • Table Market split: Based on product type
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table global Industrial control switches market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global industrial limit switches market
      • Table Global industrial limit switches market 2015-2020 ($ millions)
    • Global industrial rotary switches market
      • Table Global industrial rotary switches market 2015-2020 ($ millions)
    • Global industrial push buttons market
      • Table Global industrial push buttons market 2015-2020 ($ millions)
  • Geographical segmentation
    • Industrial control switches market in APAC
      • Table Industrial control switches market in APAC 2015-2020 ($ millions)
    • Industrial control switches market in EMEA
      • Table Industrial control switches market in EMEA 2015-2020 ($ millions)
    • Industrial control switches market in the Americas
      • Table Industrial control switches market in the Americas 2015-2020 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
    • Vendor mapping
      • Table Vendor portfolio analysis
    • Competition business overview
    • Competition financials
    • Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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