1. Market Research
  2. > Manufacturing
  3. > Electronic Component Market Trends
Pressure Switches Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type ; Pressure Range ; Application ; End-user, and Geography

Pressure Switches Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type ; Pressure Range ; Application ; End-user, and Geography

  • September 2020
  • 205 pages
  • ID: 5978099
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The pressure switches market was valued at US$ 1316.8million in 2019 and is projected to reach US$ 1629.1million by 2027; it is expected to grow at a CAGR of 3.8% from 2019 to 2027.

The manufacturing industry is still witnessing a massive investment in various automated and smart industrial solutions being adopted.Additionally, the adoption of data-driven solutions has gained considerable popularity among several leading manufacturers and business owners in mitigating unforeseen errors, faults, and damage through predictive techniques.

Increasing demand for pressure switches across various industrial applications is expected to provide lucrative market growth opportunities across developed economies in the coming years.Besides, the strict policies of government and regulators to minimize workplace-based accidents are also anticipated to foster market growth through ongoing individual monitoring.

The use of distributed fabrication enables manufacturers to reduce lead times and drastically save on freight costs.Also, IoT-based applications as well as machine learning and AImake it less challenging to coordinate operations across multiple factories than ever.

As new technologies make it increasingly viable to coordinate large-scale activities across countries and continents, manufacturers expect to see significant resources invested in areas such as distributed manufacturing. While these investments may cost manufacturers in the short term, their long-term gains make the cost easily worth it.

The market for pressure switches is segmented into type, pressure range, application, end-user, and geography.Based on type, the pressure switches market is segmented into static electromechanical and solid-state.

In 2019, the electromechanical segment held a larger share of the global pressure switches market.Based on pressure range, the pressure switches market is segmented into below 100 bar, 100–300 bar, above 300 bar.

Below 100 bar switches are expected to be the fastest growing segment during the forecast period.Based on application, the market is segmented into HVAC, Monitoring and Control, Safety and Alarm Systems, Hydraulic and Pneumatic.

The hydraulic and pneumatic segment contributed a substantial share in 2019; however, HVAC application segment is projected to be the fastest growing segment during the forecast period. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South America (SAM). Asia Pacific held a major share of the market in 2019 and is expected to continue its dominance till 2027.

The overall pressure switches market size has been derived using both primary and secondary source.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the pressure switches market with respects to all the segments.It also provides the overview and forecast for the global pressure switches market based on all the segmentation provided with respect to five major regions—North America, Europe, Asia Pacific, the Middle East and Africa, and South America.

Also, primary interviews were conducted with industry participants and commentators to validate data, as well as to gain more analytical insights into the topic. The participants who take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultant such as valuation experts, research analysts and key opinion leaders specializing in the pressure switches market.
ABB Ltd, Parker Hannifin Corporation, Danfoss A/S, Barksdale Inc., Cleveland Controls, Lefoo, Baumer Holding AG, Schneider Electric, SMC Corporation, Eaton Corporation plc, Emerson Electric Co, Honeywell International Inc., and Huba Control AG. are among the major players operating in the global pressure switches market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Temperature and Pressure Switches Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product Type and End-user

  • $ 4500
  • December 2020
  • 155 pages

The temperature and pressure switches market was valued at US$ 3,689.62 million in 2019 and is projected to reach US$ 5,023.18million by 2027; it is expected to grow at a CAGR of 5.0% from 2020 to 2027. Mounting ...

  • World
  • Europe
  • Electrical Switch
  • Industry analysis
  • Vehicle Production
  • Gross Domestic Product

ref:plp2020

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on