Global Industrial Control Switches Market 2016-2020

Outlook of the global industrial control switches market

Technavio’s market research analyst predicts the global industrial control switches market to grow steadily at a CAGR of around 3% during the forecast period. Due to the wide range of applications in manufacturing processes, such as material handling, packaging, assembly, robot cells, conveyor systems, and transport systems, the need for control switches is estimated to increase. Moreover, the ability of control switches to lower the chances of machine breakdown and to reduce the need for continuous maintenance by bringing about operational stability will result in its augmented adoption during the forecast period.

In this market analysis, analysts have estimated eminent factors, such as the rising need for power control, to impel market growth during the predicted period. Recently, it has been observed that the process of industrialization in developed countries such as Japan, the US, and Germany - is being replicated in emerging economies like China, India, and Brazil. Such infrastructure expansion will necessitate the extensive utilization of power control switches like disconnect switches, cam switches, and push buttons as they help to bring about operational stability. Similarly, in the automotive industry, industrial control switches are in high demand as they help users to control machines that operate at variable speeds.

Segmentation by product and analysis of the industrial control switches market

• Limit switches
• Push buttons
• Rotary switches