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Global Electrical Switches Market Research Report 2024
Synopsis
In electrical engineering, an electrical switch is an electrical component that can "make" or "break" an electrical circuit, interrupting the current or diverting it from one conductor to another. The mechanism of a switch removes or restores the conducting path in a circuit when it is operated. It may be operated manually, for example, a light switch.
In our report, the electrical switches refer to the modular switches.
The global Electrical Switches market was valued at US$ 3779.9 million in 2023 and is anticipated to reach US$ 4762.6 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Legrand, Siemens, Simon and ABB captured the top four revenue share spots in the electrical switches market. Legrand dominated with 24 percent revenue share, followed by Simon with 9 percent revenue share and Siemens with 8 percent revenue share.
This report aims to provide a comprehensive presentation of the global market for Electrical Switches, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical Switches.
Report Scope
The Electrical Switches market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electrical Switches market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical Switches manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Legrand
Siemens
Simon
ABB
Schneider
GE
Alps
Panasonic
Havells
Salzer Electronics
Amit Electrical
Delixi
CHINT
Longsheng
Opple
Gamder
Feidiao
Bull
GELAN
Segment by Type
Traditional Electrical Switches
Smart Electrical Switches
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electrical Switches manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electrical Switches by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electrical Switches in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
In electrical engineering, an electrical switch is an electrical component that can "make" or "break" an electrical circuit, interrupting the current or diverting it from one conductor to another. The mechanism of a switch removes or restores the conducting path in a circuit when it is operated. It may be operated manually, for example, a light switch.
In our report, the electrical switches refer to the modular switches.
The global Electrical Switches market was valued at US$ 3779.9 million in 2023 and is anticipated to reach US$ 4762.6 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Legrand, Siemens, Simon and ABB captured the top four revenue share spots in the electrical switches market. Legrand dominated with 24 percent revenue share, followed by Simon with 9 percent revenue share and Siemens with 8 percent revenue share.
This report aims to provide a comprehensive presentation of the global market for Electrical Switches, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical Switches.
Report Scope
The Electrical Switches market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electrical Switches market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical Switches manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Legrand
Siemens
Simon
ABB
Schneider
GE
Alps
Panasonic
Havells
Salzer Electronics
Amit Electrical
Delixi
CHINT
Longsheng
Opple
Gamder
Feidiao
Bull
GELAN
Segment by Type
Traditional Electrical Switches
Smart Electrical Switches
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electrical Switches manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electrical Switches by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electrical Switches in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Electrical Switches Market Overview
1.1 Product Definition
1.2 Electrical Switches Segment by Type
1.2.1 Global Electrical Switches Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Traditional Electrical Switches
1.2.3 Smart Electrical Switches
1.3 Electrical Switches Segment by Application
1.3.1 Global Electrical Switches Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Electrical Switches Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electrical Switches Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electrical Switches Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electrical Switches Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electrical Switches Production Market Share by Manufacturers (2019-2024)
2.2 Global Electrical Switches Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electrical Switches, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electrical Switches Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electrical Switches Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electrical Switches, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electrical Switches, Product Offered and Application
2.8 Global Key Manufacturers of Electrical Switches, Date of Enter into This Industry
2.9 Electrical Switches Market Competitive Situation and Trends
2.9.1 Electrical Switches Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electrical Switches Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electrical Switches Production by Region
3.1 Global Electrical Switches Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electrical Switches Production Value by Region (2019-2030)
3.2.1 Global Electrical Switches Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electrical Switches by Region (2025-2030)
3.3 Global Electrical Switches Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electrical Switches Production by Region (2019-2030)
3.4.1 Global Electrical Switches Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electrical Switches by Region (2025-2030)
3.5 Global Electrical Switches Market Price Analysis by Region (2019-2024)
3.6 Global Electrical Switches Production and Value, Year-over-Year Growth
3.6.1 North America Electrical Switches Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electrical Switches Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electrical Switches Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electrical Switches Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Electrical Switches Production Value Estimates and Forecasts (2019-2030)
4 Electrical Switches Consumption by Region
4.1 Global Electrical Switches Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electrical Switches Consumption by Region (2019-2030)
4.2.1 Global Electrical Switches Consumption by Region (2019-2024)
4.2.2 Global Electrical Switches Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electrical Switches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electrical Switches Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electrical Switches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electrical Switches Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electrical Switches Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electrical Switches Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electrical Switches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electrical Switches Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electrical Switches Production by Type (2019-2030)
5.1.1 Global Electrical Switches Production by Type (2019-2024)
5.1.2 Global Electrical Switches Production by Type (2025-2030)
5.1.3 Global Electrical Switches Production Market Share by Type (2019-2030)
5.2 Global Electrical Switches Production Value by Type (2019-2030)
5.2.1 Global Electrical Switches Production Value by Type (2019-2024)
5.2.2 Global Electrical Switches Production Value by Type (2025-2030)
5.2.3 Global Electrical Switches Production Value Market Share by Type (2019-2030)
5.3 Global Electrical Switches Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electrical Switches Production by Application (2019-2030)
6.1.1 Global Electrical Switches Production by Application (2019-2024)
6.1.2 Global Electrical Switches Production by Application (2025-2030)
6.1.3 Global Electrical Switches Production Market Share by Application (2019-2030)
6.2 Global Electrical Switches Production Value by Application (2019-2030)
6.2.1 Global Electrical Switches Production Value by Application (2019-2024)
6.2.2 Global Electrical Switches Production Value by Application (2025-2030)
6.2.3 Global Electrical Switches Production Value Market Share by Application (2019-2030)
6.3 Global Electrical Switches Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Legrand
7.1.1 Legrand Electrical Switches Corporation Information
7.1.2 Legrand Electrical Switches Product Portfolio
7.1.3 Legrand Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Legrand Main Business and Markets Served
7.1.5 Legrand Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Electrical Switches Corporation Information
7.2.2 Siemens Electrical Switches Product Portfolio
7.2.3 Siemens Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Simon
7.3.1 Simon Electrical Switches Corporation Information
7.3.2 Simon Electrical Switches Product Portfolio
7.3.3 Simon Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Simon Main Business and Markets Served
7.3.5 Simon Recent Developments/Updates
7.4 ABB
7.4.1 ABB Electrical Switches Corporation Information
7.4.2 ABB Electrical Switches Product Portfolio
7.4.3 ABB Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ABB Main Business and Markets Served
7.4.5 ABB Recent Developments/Updates
7.5 Schneider
7.5.1 Schneider Electrical Switches Corporation Information
7.5.2 Schneider Electrical Switches Product Portfolio
7.5.3 Schneider Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Schneider Main Business and Markets Served
7.5.5 Schneider Recent Developments/Updates
7.6 GE
7.6.1 GE Electrical Switches Corporation Information
7.6.2 GE Electrical Switches Product Portfolio
7.6.3 GE Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.6.4 GE Main Business and Markets Served
7.6.5 GE Recent Developments/Updates
7.7 Alps
7.7.1 Alps Electrical Switches Corporation Information
7.7.2 Alps Electrical Switches Product Portfolio
7.7.3 Alps Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Alps Main Business and Markets Served
7.7.5 Alps Recent Developments/Updates
7.8 Panasonic
7.8.1 Panasonic Electrical Switches Corporation Information
7.8.2 Panasonic Electrical Switches Product Portfolio
7.8.3 Panasonic Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Panasonic Main Business and Markets Served
7.7.5 Panasonic Recent Developments/Updates
7.9 Havells
7.9.1 Havells Electrical Switches Corporation Information
7.9.2 Havells Electrical Switches Product Portfolio
7.9.3 Havells Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Havells Main Business and Markets Served
7.9.5 Havells Recent Developments/Updates
7.10 Salzer Electronics
7.10.1 Salzer Electronics Electrical Switches Corporation Information
7.10.2 Salzer Electronics Electrical Switches Product Portfolio
7.10.3 Salzer Electronics Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Salzer Electronics Main Business and Markets Served
7.10.5 Salzer Electronics Recent Developments/Updates
7.11 Amit Electrical
7.11.1 Amit Electrical Electrical Switches Corporation Information
7.11.2 Amit Electrical Electrical Switches Product Portfolio
7.11.3 Amit Electrical Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Amit Electrical Main Business and Markets Served
7.11.5 Amit Electrical Recent Developments/Updates
7.12 Delixi
7.12.1 Delixi Electrical Switches Corporation Information
7.12.2 Delixi Electrical Switches Product Portfolio
7.12.3 Delixi Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Delixi Main Business and Markets Served
7.12.5 Delixi Recent Developments/Updates
7.13 CHINT
7.13.1 CHINT Electrical Switches Corporation Information
7.13.2 CHINT Electrical Switches Product Portfolio
7.13.3 CHINT Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.13.4 CHINT Main Business and Markets Served
7.13.5 CHINT Recent Developments/Updates
7.14 Longsheng
7.14.1 Longsheng Electrical Switches Corporation Information
7.14.2 Longsheng Electrical Switches Product Portfolio
7.14.3 Longsheng Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Longsheng Main Business and Markets Served
7.14.5 Longsheng Recent Developments/Updates
7.15 Opple
7.15.1 Opple Electrical Switches Corporation Information
7.15.2 Opple Electrical Switches Product Portfolio
7.15.3 Opple Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Opple Main Business and Markets Served
7.15.5 Opple Recent Developments/Updates
7.16 Gamder
7.16.1 Gamder Electrical Switches Corporation Information
7.16.2 Gamder Electrical Switches Product Portfolio
7.16.3 Gamder Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Gamder Main Business and Markets Served
7.16.5 Gamder Recent Developments/Updates
7.17 Feidiao
7.17.1 Feidiao Electrical Switches Corporation Information
7.17.2 Feidiao Electrical Switches Product Portfolio
7.17.3 Feidiao Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Feidiao Main Business and Markets Served
7.17.5 Feidiao Recent Developments/Updates
7.18 Bull
7.18.1 Bull Electrical Switches Corporation Information
7.18.2 Bull Electrical Switches Product Portfolio
7.18.3 Bull Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Bull Main Business and Markets Served
7.18.5 Bull Recent Developments/Updates
7.19 GELAN
7.19.1 GELAN Electrical Switches Corporation Information
7.19.2 GELAN Electrical Switches Product Portfolio
7.19.3 GELAN Electrical Switches Production, Value, Price and Gross Margin (2019-2024)
7.19.4 GELAN Main Business and Markets Served
7.19.5 GELAN Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electrical Switches Industry Chain Analysis
8.2 Electrical Switches Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electrical Switches Production Mode & Process
8.4 Electrical Switches Sales and Marketing
8.4.1 Electrical Switches Sales Channels
8.4.2 Electrical Switches Distributors
8.5 Electrical Switches Customers
9 Electrical Switches Market Dynamics
9.1 Electrical Switches Industry Trends
9.2 Electrical Switches Market Drivers
9.3 Electrical Switches Market Challenges
9.4 Electrical Switches Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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