Microswitch Market

Microswitch, also trademarked and frequently known as miniature snap-action switch, is an electric switch that is actuated by very little physical force, through the use of a tipping-point mechanism, sometimes called an "over-center" mechanism.

Switching happens reliably at specific and repeatable positions of the actuator, which is not necessarily true of other mechanisms. They are very common due to their low cost and durability, greater than 1 million cycles and up to 10 million cycles for heavy duty models. This durability is a natural consequence of the design.

The defining feature of micro switches is that a relatively small movement at the actuator button produces a relatively large movement at the electrical contacts, which occurs at high speed (regardless of the speed of actuation). Most successful designs also exhibit hysteresis, meaning that a small reversal of the actuator is insufficient to reverse the contacts; there must be a significant movement in the opposite direction. Both of these characteristics help to achieve a clean and reliable interruption to the switched circuit.

Microswitch Market contains market size and forecasts of Microswitch in global, including the following market information:

Global Microswitch Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Microswitch Market Sales, 2017-2022, 2023-2028, (M Pcs)

Global top five Microswitch companies in 2021 (%)

The global Microswitch market was valued at 660.6 million in 2021 and is projected to reach US$ 764.3 million by 2028, at a CAGR of 2.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Standard Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Microswitch include Omron, Alps, Johnson Electric(Burgess), Panasonic, TROX, ZIPPY, Honeywell, CHERRY and SCI, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Microswitch manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Microswitch Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Pcs)

Global Microswitch Market Segment Percentages, by Type, 2021 (%)

Standard

Ultraminiature

Sub-Miniature

Global Microswitch Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Pcs)

Global Microswitch Market Segment Percentages, by Application, 2021 (%)

Electronic Equipment

Instrument

Power System

Appliances Equipment

Others

Global Microswitch Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Pcs)

Global Microswitch Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Microswitch revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Microswitch revenues share in global market, 2021 (%)

Key companies Microswitch sales in global market, 2017-2022 (Estimated), (M Pcs)

Key companies Microswitch sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Omron

Alps

Johnson Electric(Burgess)

Panasonic

TROX

ZIPPY

Honeywell

CHERRY

SCI

C&K

Salecom

Camsco

Solteam

Tend

NTE

Kaihua

TTC

Tengfei

Xurui

Greetech