Product Code: MRFR/IA - E/5359-CR
Pressure Switch Market Research Report Forecast to 2027
Market Overview
The worldwide pressure switch market is supposed to outperform USD 2,410.8 million by 2027 with a huge CAGR pace of 5.9% during 2021-2027. The rising number of shrewd homes, the need to bring down working expenses, the interest for energy-productive temperature control frameworks, and the ascent in government plans to boost the substitution of HVAC frameworks are supposed to drive the HVAC market. This, thusly, is supposed to help the interest in pressure switches.
Expanding interests in shrewd urban areas and the car business and improvement in infrastructural projects increment the market development. The worldwide pressure switch market is projected to develop at a high rate during the estimated time frame, for the most part because of the development in HVAC and waterpower and pneumatic-based applications. As per the Industrial Development Report 2018, state-run administrations overall have supported industrialization by expanding interests in businesses, which further drives the development of the worldwide pressure switch market.
Be that as it may, extreme valuing pressure is supposed to limit market development. Supplanting mechanical pressure switches with electronic pressure switches is supposed to set out open doors for the market player.
Market Segmentation
The global pressure switch market is broadly categorized into pressure range, application, end-use, and type.
There is a wide range of application categories for pressure switches such as HVAC, monitoring & control, safety & alarm system, and hydraulics & pneumatics. The type of category includes two major segments namely electromechanical and solid states. The end-user segment of the pressure switch market comprises automotive & transportation, process & manufacturing industry, and commercial. The pressure range segment is further classified into below 100 bar, 100 to 400 bar, and above 400 bar.
Regional Analysis
All around the world, the pressure switch market is studied across North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America. Asia-Pacific is probably going to represent a most extreme market share during the conjecture years. The interest in pressure switches is high around there. The vital participants are investing the most extreme energy to build market income in the forthcoming years.
The Asia-Pacific market is spread over China, Japan, India, South Korea, and the remainder of Asia-Pacific. The rising interest for pressure switches across areas has helped the market in Asia-Pacific. This locale has one of the biggest transportation enterprises. Street transport, freight dealing with, warehousing, and air transport is the key transportation classifications in Asia-Pacific. This rising industry and the improvements across the district have moved the development of the pressure switches market.
Major Players
The major players of the global pressure switch market are Hitachi Power ABB Grids, Eaton, Parker Hannifin Corp, Barksdale Inc., Emerson, Danfoss, SMC Corporation, Fox S.r.l., MAMCO, Nason, Applications Engineering Ltd., BD|SENSORS GmbH, Tameson B.V, LEFOO, Suco, IFM, Baumer Group, Bosch Rexroth AG, and Honeywell International Inc.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 RISING DEMAND FOR HVAC SYSTEMS
- 4.2.2 INCREASING AUTOMATION ACROSS INDUSTRIES
- 4.2.3 GROWING DEMAND FOR PRESSURE SWITCH IN AGRICULTURE SECTOR
- 4.2.4 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINT
- 4.3.1 INTENSE PRICING PRESSURE
- 4.3.2 RESTRAINT IMPACT ANALYSIS
- 4.4 OPPORTUNITY
- 4.4.1 REPLACEMENT OF MECHANICAL PRESSURE SWITCHES WITH ELECTRONIC PRESSURE SWITCHES
- 4.5 COVID-19 IMPACT ANALYSIS ON PRESSURE SWITCH MARKET
- 4.5.1 IMPACT ON OVERALL POWER INDUSTRY
- 4.5.2 IMPACT ON SUPPLY CHAIN OF PRESSURE SWITCH MARKET
- 4.5.2.1 PRICE VARIATION OF KEY RAW MATERIALS
- 4.5.2.2 CASH FLOW CONSTRAINTS
- 4.5.2.3 IMPACT ON IMPORT/EXPORT
- 4.5.3 IMPACT ON MARKET DEMAND OF PRESSURE SWITCH MARKET
- 4.5.4 IMPACT ON PRICING OF PRESSURE SWITCH
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 DESIGN & DEVELOPMENT
- 5.1.2 COMPONENT SUPPLY
- 5.1.3 MANUFACTURE/ASSEMBLY
- 5.1.4 SALES & DISTRIBUTION
- 5.1.5 END USE
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
6 GLOBAL PRESSURE SWITCH MARKET, BY PRESSURE RANGE
- 6.1 OVERVIEW
- 6.1.1 MARKET ESTIMATES & FORECAST, 2019-2027
- 6.2 BELOW 100 BAR
- 6.3 100-400 BAR
- 6.4 ABOVE 400 BAR
7 GLOBAL PRESSURE SWITCH MARKET, BY APPLICATION
- 7.1 OVERVIEW
- 7.1.1 MARKET ESTIMATES & FORECAST, 2019-2027
- 7.2 AUTOMOTIVE & TRANSPORTATION
- 7.3 PROCESS & MANUFACTURING INDUSTRY
- 7.4 COMMERCIAL
8 GLOBAL PRESSURE SWITCH MARKET, BY APPLICATION
- 8.1 OVERVIEW
- 8.1.1 MARKET ESTIMATES & FORECAST, 2019-2027
- 8.2 HVAC
- 8.3 MONITORING & CONTROL
- 8.4 SAFETY & ALARM SYSTEMS
- 8.5 HYDRAULICS & PNEUMATICS
9 GLOBAL PRESSURE SWITCH MARKET, BY TYPE
- 9.1 OVERVIEW
- 9.1.1 MARKET ESTIMATES & FORECAST, 2019-2027
- 9.2 ELECTROMECHANICAL
- 9.3 SOLID-STATE
10 GLOBAL PRESSURE SWITCH MARKET, BY REGION
- 10.1 OVERVIEW
- 10.1.1 MARKET ESTIMATES & FORECAST, 2019-2027
- 10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
- 10.2.3 MEXICO
- 10.3 EUROPE
- 10.3.1 UK
- 10.3.2 GERMANY
- 10.3.3 FRANCE
- 10.3.4 SPAIN
- 10.3.5 ITALY
- 10.3.6 REST OF EUROPE
- 10.4 ASIA-PACIFIC
- 10.4.1 CHINA
- 10.4.2 JAPAN
- 10.4.3 INDIA
- 10.4.4 SOUTH KOREA
- 10.4.5 REST OF ASIA-PACIFIC
- 10.5 MIDDLE EAST & AFRICA
- 10.5.1 UAE
- 10.5.2 SAUDI ARABIA
- 10.5.3 SOUTH AFRICA
- 10.5.4 REST OF THE MIDDLE EAST
- 10.6 SOUTH AMERICA
- 10.6.1 BRAZIL
- 10.6.2 ARGENTINA
- 10.6.3 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
- 11.1 OVERVIEW
- 11.2 MARKET SHARE ANALYSIS
- 11.3 COMPETITIVE BENCHMARKING
- 11.4 COMPETITOR DASHBOARD
- 11.5 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.5.1 PRODUCT LAUNCHES/PRODUCT DEVELOPMENT/SERVICE DEPLOYMENTS
- 11.5.2 MERGER-ACQUISITION/ EXPANSION/ PARTNERSHIP/JOINT VENTURE
12 COMPANY PROFILES
- 12.1 HITACHI ABB POWER GRIDS
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 PRODUCTS OFFERINGS
- 12.1.3 KEY DEVELOPMENTS
- 12.1.4 SWOT ANALYSIS
- 12.1.5 KEY STRATEGIES
- 12.2 EATON
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
- 12.3 PARKER HANNIFIN CORP
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
- 12.4 BARKSDALE INC.
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.5 BD|SENSORS GMBH
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.6 TAMESON B.V
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.7 LEFOO
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.8 EMERSON
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
- 12.9 DANFOSS
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
- 12.10 SMC CORPORATION
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES
- 12.11 FOX S.R.L.
- 12.11.1 COMPANY OVERVIEW
- 12.11.2 FINANCIAL OVERVIEW
- 12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.11.4 KEY DEVELOPMENTS
- 12.12 MAMCO
- 12.12.1 COMPANY OVERVIEW
- 12.12.2 FINANCIAL OVERVIEW
- 12.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.12.4 KEY DEVELOPMENTS
- 12.13 NASON
- 12.13.1 COMPANY OVERVIEW
- 12.13.2 FINANCIAL OVERVIEW
- 12.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.13.4 KEY DEVELOPMENTS
- 12.14 APPLICATIONS ENGINEERING LTD
- 12.14.1 COMPANY OVERVIEW
- 12.14.2 FINANCIAL OVERVIEW
- 12.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.14.4 KEY DEVELOPMENTS
- 12.15 SUCO
- 12.15.1 COMPANY OVERVIEW
- 12.15.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.15.3 KEY DEVELOPMENTS
- 12.16 IFM
- 12.16.1 COMPANY OVERVIEW
- 12.16.2 FINANCIAL OVERVIEW
- 12.16.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.16.4 KEY DEVELOPMENTS
- 12.17 BAUMER GROUP
- 12.17.1 COMPANY OVERVIEW
- 12.17.2 FINANCIAL OVERVIEW
- 12.17.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.17.4 KEY DEVELOPMENTS
- 12.18 BOSCH REXROTH AG
- 12.18.1 COMPANY OVERVIEW
- 12.18.2 FINANCIAL OVERVIEW
- 12.18.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.18.4 KEY DEVELOPMENTS
- 12.18.5 SWOT ANALYSIS
- 12.18.6 KEY STRATEGIES
- 12.19 HONEYWELL INTERNATIONAL INC.
- 12.19.1 COMPANY OVERVIEW
- 12.19.2 FINANCIAL OVERVIEW
- 12.19.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 12.19.4 KEY DEVELOPMENTS
- 12.19.5 SWOT ANALYSIS
- 12.19.6 KEY STRATEGIES