Report Detail
Global Microswitch Market Growth 2019-2024
- RnM2953264 |
- 15 February, 2019 |
- Global |
- 166 Pages |
- LPI(LP Information) |
- Electronics & Semiconductor
Microswitch, also trademarked and frequently known as miniature snap-action switch, is an electric switch that is actuated by very little physical force, through the use of a tipping-point mechanism, sometimes called an "over-center" mechanism.
Switching happens reliably at specific and repeatable positions of the actuator, which is not necessarily true of other mechanisms. They are very common due to their low cost and durability, greater than 1 million cycles and up to 10 million cycles for heavy duty models. This durability is a natural consequence of the design.
The defining feature of micro switches is that a relatively small movement at the actuator button produces a relatively large movement at the electrical contacts, which occurs at high speed (regardless of the speed of actuation). Most successful designs also exhibit hysteresis, meaning that a small reversal of the actuator is insufficient to reverse the contacts; there must be a significant movement in the opposite direction. Both of these characteristics help to achieve a clean and reliable interruption to the switched circuit.
The Japan region accounted for more than 38.50% of the total market share in terms of value in 2015, followed by the China and Europe regions.
However, as the Microswitch market in developed countries is gradually getting boomed, the markets in developing countries such as China are estimated to grow at a higher rate Emerging market is estimated to grow faster than any other country. In China, there are about 100 micro switch suppliers in mainland. Pearl River Delta and Yangtze River Delta are important production bases, the majority of enterprises are located in Zhejiang and Guangdong provinces. From the point of view of production capacity, Wenzhou is China's largest production base of micro-switch, followed by Shenzhen and Dongguan .As for the number of enterprises in Suzhou City, Jiangsu Province, more than half of the country’s enterprises are here. From the nature of business, the majority of manufacturers are local companies, others are Taiwanese or Hong Kong enterprises.
At present, there are twenty companies make up to 66.05 % share of the Microswitch market, and the world's large enterprises are mainly concentrated in Japan. The top five manufacturers are Omron, Alps, Johnson Electric (Burgess), Panasonic and TROX respectively with global production market share as 7.50%, 6.14%, 5.76%, 5.19%, 5.00% and 4.20% in 2015.
The Microswitch market has been growing in accordance with the Manufacturing renaissance of the society. With the multiple demand of the clients, the manufacturers are concerning more on their R&D.
5. The Microswitch market still has a lot of opportunities with this huge market ahead. However, the enterprises have to develop new technologies to meet the client’s different needs. Also, they’d better have the ability to face the rat race of the market.
According to this study, over the next five years the Microswitch market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 670 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Microswitch business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Microswitch market by product type, application, key manufacturers and key regions and countries.
This study considers the Microswitch value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Standard Type
Ultraminiature Type
Sub-miniature Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electronic Equipment
Instrument
Power System
Appliances Equipment
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Omron
Alps
Johnson Electric(Burgess)
Panasonic
TROX
ZIPPY
Honeywell
CHERRY
SCI
C&K
Salecom
Camsco
Solteam
Tend
NTE
Kaihua
TTC
Tengfei
Xurui
Greetech
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Microswitch consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Microswitch market by identifying its various subsegments.
Focuses on the key global Microswitch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Microswitch with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Microswitch submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Microswitch Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Microswitch Consumption 2014-2024
- 2.1.2 Microswitch Consumption CAGR by Region
- 2.2 Microswitch Segment by Type
- 2.2.1 Standard Type
- 2.2.2 Ultraminiature Type
- 2.2.3 Sub-miniature Type
- 2.3 Microswitch Consumption by Type
- 2.3.1 Global Microswitch Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Microswitch Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Microswitch Sale Price by Type (2014-2019)
- 2.4 Microswitch Segment by Application
- 2.4.1 Electronic Equipment
- 2.4.2 Instrument
- 2.4.3 Power System
- 2.4.4 Appliances Equipment
- 2.4.5 Others
- 2.5 Microswitch Consumption by Application
- 2.5.1 Global Microswitch Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Microswitch Value and Market Share by Application (2014-2019)
- 2.5.3 Global Microswitch Sale Price by Application (2014-2019)
3 Global Microswitch by Players
- 3.1 Global Microswitch Sales Market Share by Players
- 3.1.1 Global Microswitch Sales by Players (2017-2019)
- 3.1.2 Global Microswitch Sales Market Share by Players (2017-2019)
- 3.2 Global Microswitch Revenue Market Share by Players
- 3.2.1 Global Microswitch Revenue by Players (2017-2019)
- 3.2.2 Global Microswitch Revenue Market Share by Players (2017-2019)
- 3.3 Global Microswitch Sale Price by Players
- 3.4 Global Microswitch Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Microswitch Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Microswitch Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Microswitch by Regions
- 4.1 Microswitch by Regions
- 4.1.1 Global Microswitch Consumption by Regions
- 4.1.2 Global Microswitch Value by Regions
- 4.2 Americas Microswitch Consumption Growth
- 4.3 APAC Microswitch Consumption Growth
- 4.4 Europe Microswitch Consumption Growth
- 4.5 Middle East & Africa Microswitch Consumption Growth
5 Americas
- 5.1 Americas Microswitch Consumption by Countries
- 5.1.1 Americas Microswitch Consumption by Countries (2014-2019)
- 5.1.2 Americas Microswitch Value by Countries (2014-2019)
- 5.2 Americas Microswitch Consumption by Type
- 5.3 Americas Microswitch Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Microswitch Consumption by Countries
- 6.1.1 APAC Microswitch Consumption by Countries (2014-2019)
- 6.1.2 APAC Microswitch Value by Countries (2014-2019)
- 6.2 APAC Microswitch Consumption by Type
- 6.3 APAC Microswitch Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Microswitch by Countries
- 7.1.1 Europe Microswitch Consumption by Countries (2014-2019)
- 7.1.2 Europe Microswitch Value by Countries (2014-2019)
- 7.2 Europe Microswitch Consumption by Type
- 7.3 Europe Microswitch Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Microswitch by Countries
- 8.1.1 Middle East & Africa Microswitch Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Microswitch Value by Countries (2014-2019)
- 8.2 Middle East & Africa Microswitch Consumption by Type
- 8.3 Middle East & Africa Microswitch Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Microswitch Distributors
- 10.3 Microswitch Customer
11 Global Microswitch Market Forecast
- 11.1 Global Microswitch Consumption Forecast (2019-2024)
- 11.2 Global Microswitch Forecast by Regions
- 11.2.1 Global Microswitch Forecast by Regions (2019-2024)
- 11.2.2 Global Microswitch Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Microswitch Forecast by Type
- 11.8 Global Microswitch Forecast by Application
12 Key Players Analysis
- 12.1 Omron
- 12.1.1 Company Details
- 12.1.2 Microswitch Product Offered
- 12.1.3 Omron Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Omron News
- 12.2 Alps
- 12.2.1 Company Details
- 12.2.2 Microswitch Product Offered
- 12.2.3 Alps Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Alps News
- 12.3 Johnson Electric(Burgess)
- 12.3.1 Company Details
- 12.3.2 Microswitch Product Offered
- 12.3.3 Johnson Electric(Burgess) Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Johnson Electric(Burgess) News
- 12.4 Panasonic
- 12.4.1 Company Details
- 12.4.2 Microswitch Product Offered
- 12.4.3 Panasonic Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Panasonic News
- 12.5 TROX
- 12.5.1 Company Details
- 12.5.2 Microswitch Product Offered
- 12.5.3 TROX Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 TROX News
- 12.6 ZIPPY
- 12.6.1 Company Details
- 12.6.2 Microswitch Product Offered
- 12.6.3 ZIPPY Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 ZIPPY News
- 12.7 Honeywell
- 12.7.1 Company Details
- 12.7.2 Microswitch Product Offered
- 12.7.3 Honeywell Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Honeywell News
- 12.8 CHERRY
- 12.8.1 Company Details
- 12.8.2 Microswitch Product Offered
- 12.8.3 CHERRY Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 CHERRY News
- 12.9 SCI
- 12.9.1 Company Details
- 12.9.2 Microswitch Product Offered
- 12.9.3 SCI Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 SCI News
- 12.10 C&K
- 12.10.1 Company Details
- 12.10.2 Microswitch Product Offered
- 12.10.3 C&K Microswitch Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 C&K News
- 12.11 Salecom
- 12.12 Camsco
- 12.13 Solteam
- 12.14 Tend
- 12.15 NTE
- 12.16 Kaihua
- 12.17 TTC
- 12.18 Tengfei
- 12.19 Xurui
- 12.20 Greetech
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Microswitch . Industry analysis & Market Report on Microswitch is a syndicated market report, published as Global Microswitch Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Microswitch market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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