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.

Legrand, Siemens, Simon and ABB captured the top four revenue share spots in the electrical switches market in 2016. Legrand dominated with 24.34 percent revenue share, followed by Simon with 9.02 percent revenue share and Siemens with 8.60 percent revenue share.

In terms of the classification segment, Traditional Electrical Switches market accounted for over 80.37% of the overall share in 2016, and Smart Electrical Switches accounted for over 19.63%. It is expected that Smart Electrical Switches will account for over 22.58% in 2021.

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According to this study, over the next five years the Electrical Switches market will register a 1.0% CAGR in terms of revenue, the global market size will reach US$ 3860 million by 2024, from US$ 3630 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electrical Switches business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Switches market by product type, application, key manufacturers and key regions and countries.

This study considers the Electrical Switches value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

• Traditional Electrical Switches
• Smart Electrical Switches

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

• Polyester Fibers, Cellulose Acetate Fibers
• Residential
• Commercial

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

• Legrand
• Siemens
• Simon
• ABB
• Schneider
• GE
• Alps
• Panasonic
• Havells
• Salzer Electronics
• Amit Electrical
• Delixi
• CHINT
• Longsheng
• Opple
• Gamder
• Feidiao
• Bull
• GELAN

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

• To study and analyze the global Electrical Switches consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Electrical Switches market by identifying its various subsegments.
• Focuses on the key global Electrical Switches manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Electrical Switches with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Electrical Switches submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

2019–2024 Global Electrical Switches Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electrical Switches Consumption 2014–2024
2.1.2 Electrical Switches Consumption CAGR by Region
2.2 Electrical Switches Segment by Type
2.2.1 Traditional Electrical Switches
2.2.2 Smart Electrical Switches
2.3 Electrical Switches Consumption by Type
2.3.1 Global Electrical Switches Consumption Market Share by Type (2014–2019)
2.3.2 Global Electrical Switches Revenue and Market Share by Type (2014–2019)
2.3.3 Global Electrical Switches Sale Price by Type (2014–2019)
2.4 Electrical Switches Segment by Application
2.4.1 Polyester Fibers, Cellulose Acetate Fibers
2.4.2 Residential
2.4.3 Commercial
2.5 Electrical Switches Consumption by Application
2.5.1 Global Electrical Switches Consumption Market Share by Application (2014–2019)
2.5.2 Global Electrical Switches Value and Market Share by Application (2014–2019)
2.5.3 Global Electrical Switches Sale Price by Application (2014–2019)

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