Press release
Industrial Limit Switches Market sizes and predictions for growth
Limit switch is a product that helps in preventing the motion of an object past its predetermined point. It is mechanically operated with the motion of the object. Limit switches are mainly used for process measurement as a safety equipment and to improve accuracy and precision. Control switches are devices that are mainly used to control the operational functions of equipment and machinery. They also help in reducing operational downtime caused by machine breakdown. The global control switches market is mainly driven by the demand for limit switches, and this is expected to continue throughout the forecast period.
Technavios analysts forecast the global industrial limit switches market to grow at a CAGR of 4.13% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial limit switches market for 2017-2021. To calculate the market size, the report considers the new installations, replacements, and services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Industrial Limit Switches Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
ABB
Eaton
Honeywell
Schneider Electric
Rockwell Automation
Other prominent vendors
BCH Electric
Bernstein
Crouzet
Elabou
W. Gessmann
Omron
Pepperl+Fuchs
SAMSON Controls
Schmersal
Market driver
High demand from packaging and material handling industry
For a full, detailed list, view our report
Market challenge
Increase in demand for sensors
For a full, detailed list, view our report
Market trend
Use of wireless industrial limit switches
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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