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Global Industrial Control Switches Market to grow at a CAGR of 3.44% during the period 2016-2020

Press Release   •   May 27, 2016 13:27 EDT

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. 

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MarketIntelReports 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

MarketIntelReports 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.

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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?

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