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Electric Switch Market Share
- Report ID: GMI3505
- Published Date: Jun 2022
- Report Format: PDF
Electric Switch Market Share
Key participants active in the electric switch market include:
- Alps Alpine Co Ltd
- Amphenol NEXUS Technologies
- APEM Group
- C&K
- CW Industries
- EAO AG
- E-Switch
- GRAYHILL Inc
- Honeywell International Inc
- Machine Components Corporation
- NKK Switches
- Select Switches
- SHALLCO Inc
- TE Connectivity
- TORQ Corporation
- Yaskawa America
These leaders are focusing on inorganic growth strategies to address the high demand and launch improved product offerings for improving their product portfolios & market shares.
Frequently Asked Questions (FAQ) :
The market size of electric switch surpassed USD 13 billion in 2021 and is expected to expand at a CAGR of 6% between 2022 and 2030 owing to increasing technological advancements in tactile switch operations.
Asia Pacific market size valued at USD 5 billion in 2021 and is anticipated to record substantial growth through 2030 driven by the deployment of industrial robots for enhancing their production capabilities.
Push button electric switches accounted for around 15% of the industry share in 2021 and will register appreciable growth owing to the escalating developments in the automotive sector.
Major companies in the market comprise RAFI GmbH & Co., Honeywell International Inc., C&K, ALPS ALPINE CO., LTD., TE Connectivity, and others.
Electric Switch Market Scope
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