A switch is an electromechanical device used to control the flow of electricity in a circuit. When the switch is ‘OFF’ or in the ‘open’ position, there is no flow of electricity. When the switch is ‘ON’ or in the ‘closed’ position, electricity flows. An electrical switch typically includes an actuator, a moving contact, terminals, and a case or housing.
Market Analysis and Insights: Global Electromechanical Switch Market
Due to the COVID-19 pandemic, the global Electromechanical Switch market size is estimated to be worth US$ 4428 million in 2022 and is forecast to a readjusted size of US$ 4852.3 million by 2029 with a CAGR of 1.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Tactile Switch accounting for % of the Electromechanical Switch global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Industrial Products / Machinery segment is altered to an % CAGR throughout this forecast period.
Global electromechanical switch main manufactuers include ALPS, TE Connectivity, Nidec and C&K, totally accounting for about 40% of the market. China is the largest market of electromechanical switch, holding a share about 27%. As for the types of products, it can be divided into tactile, rotary, encoder, toggle, push, detect, micro, dip and others. The most common type is tactile, with a share about 23%. As for the applications of products, it is widely used in industrial products and machinery, consumer electronics, automotive, medical, aerospace, telecoms and others. The most common application is in consumer electronics, with a share about 32%.
Global Electromechanical Switch Scope and Market Size
The global Electromechanical Switch market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Electromechanical Switch market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Tactile Switch
Rotary Switch
Encoder Switch
Toggle Switch
Push Switch
Detect Switch
Micro Switch
Dip Switch
Other
Segment by Application
Industrial Products / Machinery
Consumer Electronics
Automotive
Medical
Aerospace
Telecoms
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ALPS
TE Connectivity
Nidec
C&K
Carling Technologies
Panasonic
Omron
APEM
Mitsumi Electric
ITW Switches
Honeywell
NKK Switches
CTS
OTTO
Coto Technology
E-Switch
Grayhill
ELMA
Electroswitch
TOPLY
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1 Electromechanical Switch Market Overview
1.1 Electromechanical Switch Product Scope
1.2 Electromechanical Switch Segment by Type
1.2.1 Global Electromechanical Switch Sales by Type (2018 & 2022 & 2029)
1.2.2 Tactile Switch
1.2.3 Rotary Switch
1.2.4 Encoder Switch
1.2.5 Toggle Switch
1.2.6 Push Switch
1.2.7 Detect Switch
1.2.8 Micro Switch
1.2.9 Dip Switch
1.2.10 Other
1.3 Electromechanical Switch Segment by Application
1.3.1 Global Electromechanical Switch Sales Comparison by Application (2018 & 2022 & 2029)
1.3.2 Industrial Products / Machinery
1.3.3 Consumer Electronics
1.3.4 Automotive
1.3.5 Medical
1.3.6 Aerospace
1.3.7 Telecoms
1.3.8 Others
1.4 Electromechanical Switch Market Estimates and Forecasts (2018-2029)
1.4.1 Global Electromechanical Switch Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Electromechanical Switch Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Electromechanical Switch Price Trends (2018-2029)
2 Electromechanical Switch Estimates and Forecasts by Region
2.1 Global Electromechanical Switch Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Electromechanical Switch Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Electromechanical Switch Sales Market Share by Region (2018-2023)
2.2.2 Global Electromechanical Switch Revenue Market Share by Region (2018-2023)
2.3 Global Electromechanical Switch Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Electromechanical Switch Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Electromechanical Switch Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts & Figures
2.4.1 United States Electromechanical Switch Estimates and Projections (2018-2029)
2.4.2 Europe Electromechanical Switch Estimates and Projections (2018-2029)
2.4.3 China Electromechanical Switch Estimates and Projections (2018-2029)
2.4.4 Japan Electromechanical Switch Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Electromechanical Switch Estimates and Projections (2018-2029)
2.4.6 India Electromechanical Switch Estimates and Projections (2018-2029)
3 Global Electromechanical Switch Competition Landscape by Players
3.1 Global Top Electromechanical Switch Players by Sales (2018-2023)
3.2 Global Top Electromechanical Switch Players by Revenue (2018-2023)
3.3 Global Electromechanical Switch Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electromechanical Switch as of 2022)
3.4 Global Electromechanical Switch Average Price by Company (2018-2023)
3.5 Manufacturers Electromechanical Switch Manufacturing Sites, Area Served, Product Type
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Global Electromechanical Switch Market Size by Type
4.1 Global Electromechanical Switch Historic Market Review by Type (2018-2023)
4.1.1 Global Electromechanical Switch Sales by Type (2018-2023)
4.1.2 Global Electromechanical Switch Revenue by Type (2018-2023)
4.1.3 Global Electromechanical Switch Price by Type (2018-2023)
4.2 Global Electromechanical Switch Market Estimates and Forecasts by Type (2024-2029)
4.2.1 Global Electromechanical Switch Sales Forecast by Type (2024-2029)
4.2.2 Global Electromechanical Switch Revenue Forecast by Type (2024-2029)
4.2.3 Global Electromechanical Switch Price Forecast by Type (2024-2029)
5 Global Electromechanical Switch Market Size by Application
5.1 Global Electromechanical Switch Historic Market Review by Application (2018-2023)
5.1.1 Global Electromechanical Switch Sales by Application (2018-2023)
5.1.2 Global Electromechanical Switch Revenue by Application (2018-2023)
5.1.3 Global Electromechanical Switch Price by Application (2018-2023)
5.2 Global Electromechanical Switch Market Estimates and Forecasts by Application (2024-2029)
5.2.1 Global Electromechanical Switch Sales Forecast by Application (2024-2029)
5.2.2 Global Electromechanical Switch Revenue Forecast by Application (2024-2029)
5.2.3 Global Electromechanical Switch Price Forecast by Application (2024-2029)
6 United States Electromechanical Switch Market Facts & Figures
6.1 United States Electromechanical Switch Sales by Company
6.1.1 United States Electromechanical Switch Sales by Company (2018-2023)
6.1.2 United States Electromechanical Switch Revenue by Company (2018-2023)
6.2 United States Electromechanical Switch Sales Breakdown by Type
6.2.1 United States Electromechanical Switch Sales Breakdown by Type (2018-2023)
6.2.2 United States Electromechanical Switch Sales Breakdown by Type (2024-2029)
6.3 United States Electromechanical Switch Sales Breakdown by Application
6.3.1 United States Electromechanical Switch Sales Breakdown by Application (2018-2023)
6.3.2 United States Electromechanical Switch Sales Breakdown by Application (2024-2029)
7 Europe Electromechanical Switch Market Facts & Figures
7.1 Europe Electromechanical Switch Sales by Company
7.1.1 Europe Electromechanical Switch Sales by Company (2018-2023)
7.1.2 Europe Electromechanical Switch Revenue by Company (2018-2023)
7.2 Europe Electromechanical Switch Sales Breakdown by Type
7.2.1 Europe Electromechanical Switch Sales Breakdown by Type (2018-2023)
7.2.2 Europe Electromechanical Switch Sales Breakdown by Type (2024-2029)
7.3 Europe Electromechanical Switch Sales Breakdown by Application
7.3.1 Europe Electromechanical Switch Sales Breakdown by Application (2018-2023)
7.3.2 Europe Electromechanical Switch Sales Breakdown by Application (2024-2029)
8 China Electromechanical Switch Market Facts & Figures
8.1 China Electromechanical Switch Sales by Company
8.1.1 China Electromechanical Switch Sales by Company (2018-2023)
8.1.2 China Electromechanical Switch Revenue by Company (2018-2023)
8.2 China Electromechanical Switch Sales Breakdown by Type
8.2.1 China Electromechanical Switch Sales Breakdown by Type (2018-2023)
8.2.2 China Electromechanical Switch Sales Breakdown by Type (2024-2029)
8.3 China Electromechanical Switch Sales Breakdown by Application
8.3.1 China Electromechanical Switch Sales Breakdown by Application (2018-2023)
8.3.2 China Electromechanical Switch Sales Breakdown by Application (2024-2029)
9 Japan Electromechanical Switch Market Facts & Figures
9.1 Japan Electromechanical Switch Sales by Company
9.1.1 Japan Electromechanical Switch Sales by Company (2018-2023)
9.1.2 Japan Electromechanical Switch Revenue by Company (2018-2023)
9.2 Japan Electromechanical Switch Sales Breakdown by Type
9.2.1 Japan Electromechanical Switch Sales Breakdown by Type (2018-2023)
9.2.2 Japan Electromechanical Switch Sales Breakdown by Type (2024-2029)
9.3 Japan Electromechanical Switch Sales Breakdown by Application
9.3.1 Japan Electromechanical Switch Sales Breakdown by Application (2018-2023)
9.3.2 Japan Electromechanical Switch Sales Breakdown by Application (2024-2029)
10 Southeast Asia Electromechanical Switch Market Facts & Figures
10.1 Southeast Asia Electromechanical Switch Sales by Company
10.1.1 Southeast Asia Electromechanical Switch Sales by Company (2018-2023)
10.1.2 Southeast Asia Electromechanical Switch Revenue by Company (2018-2023)
10.2 Southeast Asia Electromechanical Switch Sales Breakdown by Type
10.2.1 Southeast Asia Electromechanical Switch Sales Breakdown by Type (2018-2023)
10.2.2 Southeast Asia Electromechanical Switch Sales Breakdown by Type (2024-2029)
10.3 Southeast Asia Electromechanical Switch Sales Breakdown by Application
10.3.1 Southeast Asia Electromechanical Switch Sales Breakdown by Application (2018-2023)
10.3.2 Southeast Asia Electromechanical Switch Sales Breakdown by Application (2024-2029)
11 India Electromechanical Switch Market Facts & Figures
11.1 India Electromechanical Switch Sales by Company
11.1.1 India Electromechanical Switch Sales by Company (2018-2023)
11.1.2 India Electromechanical Switch Revenue by Company (2018-2023)
11.2 India Electromechanical Switch Sales Breakdown by Type
11.2.1 India Electromechanical Switch Sales Breakdown by Type (2018-2023)
11.2.2 India Electromechanical Switch Sales Breakdown by Type (2024-2029)
11.3 India Electromechanical Switch Sales Breakdown by Application
11.3.1 India Electromechanical Switch Sales Breakdown by Application (2018-2023)
11.3.2 India Electromechanical Switch Sales Breakdown by Application (2024-2029)
12 Company Profiles and Key Figures in Electromechanical Switch Business
12.1 ALPS
12.1.1 ALPS Corporation Information
12.1.2 ALPS Business Overview
12.1.3 ALPS Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.1.4 ALPS Electromechanical Switch Products Offered
12.1.5 ALPS Recent Development
12.2 TE Connectivity
12.2.1 TE Connectivity Corporation Information
12.2.2 TE Connectivity Business Overview
12.2.3 TE Connectivity Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.2.4 TE Connectivity Electromechanical Switch Products Offered
12.2.5 TE Connectivity Recent Development
12.3 Nidec
12.3.1 Nidec Corporation Information
12.3.2 Nidec Business Overview
12.3.3 Nidec Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.3.4 Nidec Electromechanical Switch Products Offered
12.3.5 Nidec Recent Development
12.4 C&K
12.4.1 C&K Corporation Information
12.4.2 C&K Business Overview
12.4.3 C&K Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.4.4 C&K Electromechanical Switch Products Offered
12.4.5 C&K Recent Development
12.5 Carling Technologies
12.5.1 Carling Technologies Corporation Information
12.5.2 Carling Technologies Business Overview
12.5.3 Carling Technologies Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.5.4 Carling Technologies Electromechanical Switch Products Offered
12.5.5 Carling Technologies Recent Development
12.6 Panasonic
12.6.1 Panasonic Corporation Information
12.6.2 Panasonic Business Overview
12.6.3 Panasonic Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.6.4 Panasonic Electromechanical Switch Products Offered
12.6.5 Panasonic Recent Development
12.7 Omron
12.7.1 Omron Corporation Information
12.7.2 Omron Business Overview
12.7.3 Omron Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.7.4 Omron Electromechanical Switch Products Offered
12.7.5 Omron Recent Development
12.8 APEM
12.8.1 APEM Corporation Information
12.8.2 APEM Business Overview
12.8.3 APEM Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.8.4 APEM Electromechanical Switch Products Offered
12.8.5 APEM Recent Development
12.9 Mitsumi Electric
12.9.1 Mitsumi Electric Corporation Information
12.9.2 Mitsumi Electric Business Overview
12.9.3 Mitsumi Electric Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.9.4 Mitsumi Electric Electromechanical Switch Products Offered
12.9.5 Mitsumi Electric Recent Development
12.10 ITW Switches
12.10.1 ITW Switches Corporation Information
12.10.2 ITW Switches Business Overview
12.10.3 ITW Switches Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.10.4 ITW Switches Electromechanical Switch Products Offered
12.10.5 ITW Switches Recent Development
12.11 Honeywell
12.11.1 Honeywell Corporation Information
12.11.2 Honeywell Business Overview
12.11.3 Honeywell Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.11.4 Honeywell Electromechanical Switch Products Offered
12.11.5 Honeywell Recent Development
12.12 NKK Switches
12.12.1 NKK Switches Corporation Information
12.12.2 NKK Switches Business Overview
12.12.3 NKK Switches Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.12.4 NKK Switches Electromechanical Switch Products Offered
12.12.5 NKK Switches Recent Development
12.13 CTS
12.13.1 CTS Corporation Information
12.13.2 CTS Business Overview
12.13.3 CTS Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.13.4 CTS Electromechanical Switch Products Offered
12.13.5 CTS Recent Development
12.14 OTTO
12.14.1 OTTO Corporation Information
12.14.2 OTTO Business Overview
12.14.3 OTTO Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.14.4 OTTO Electromechanical Switch Products Offered
12.14.5 OTTO Recent Development
12.15 Coto Technology
12.15.1 Coto Technology Corporation Information
12.15.2 Coto Technology Business Overview
12.15.3 Coto Technology Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.15.4 Coto Technology Electromechanical Switch Products Offered
12.15.5 Coto Technology Recent Development
12.16 E-Switch
12.16.1 E-Switch Corporation Information
12.16.2 E-Switch Business Overview
12.16.3 E-Switch Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.16.4 E-Switch Electromechanical Switch Products Offered
12.16.5 E-Switch Recent Development
12.17 Grayhill
12.17.1 Grayhill Corporation Information
12.17.2 Grayhill Business Overview
12.17.3 Grayhill Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.17.4 Grayhill Electromechanical Switch Products Offered
12.17.5 Grayhill Recent Development
12.18 ELMA
12.18.1 ELMA Corporation Information
12.18.2 ELMA Business Overview
12.18.3 ELMA Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.18.4 ELMA Electromechanical Switch Products Offered
12.18.5 ELMA Recent Development
12.19 Electroswitch
12.19.1 Electroswitch Corporation Information
12.19.2 Electroswitch Business Overview
12.19.3 Electroswitch Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.19.4 Electroswitch Electromechanical Switch Products Offered
12.19.5 Electroswitch Recent Development
12.20 TOPLY
12.20.1 TOPLY Corporation Information
12.20.2 TOPLY Business Overview
12.20.3 TOPLY Electromechanical Switch Sales, Revenue and Gross Margin (2018-2023)
12.20.4 TOPLY Electromechanical Switch Products Offered
12.20.5 TOPLY Recent Development
13 Electromechanical Switch Manufacturing Cost Analysis
13.1 Electromechanical Switch Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis of Electromechanical Switch
13.4 Electromechanical Switch Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Electromechanical Switch Distributors List
14.3 Electromechanical Switch Customers
15 Market Dynamics
15.1 Electromechanical Switch Industry Trends
15.2 Electromechanical Switch Market Drivers
15.3 Electromechanical Switch Market Challenges
15.4 Electromechanical Switch Market Restraints
16 Research Findings and Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer
ALPS
TE Connectivity
Nidec
C&K
Carling Technologies
Panasonic
Omron
APEM
Mitsumi Electric
ITW Switches
Honeywell
NKK Switches
CTS
OTTO
Coto Technology
E-Switch
Grayhill
ELMA
Electroswitch
TOPLY
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*If Applicable.
