Press release
Global Tactile Switches Market Growth 2019-2024
A tactile switch is a switch whose operation is perceptible by touch. A main area of tactile switches, are tact switches. Tact switches are tactile electromechanical switches for keyboards, keypads, instruments or interface control-panel applications. Tact switches react to user interaction with the button or switch when it makes contact with the control panel beneath.The global revenue of Tactile Switches market was valued at 1124.85 M USD in 2017 and is expected to reach USD 1158.61 M USD in 2023. In the future six years, we predict the CAGR of global revenue is 0.49%.
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According to this study, over the next five years the Tactile Switches market will register a 0.5% CAGR in terms of revenue, the global market size will reach US$ 1160 million by 2024, from US$ 1130 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tactile Switches business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tactile Switches market by product type, application, key manufacturers and key regions and countries.
This study considers the Tactile 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.
Standard Types
Illuminated Types
Sealed Types
SMD Types
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Medical
3C Products
Information Appliance
White Goods
Others
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
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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.
ALPS
Mitsumi Electric
Panasonic
Omron
TE Connectivity
BEWIN
Wurth Elektronik
C&K Components
Xinda
CTS
Marquardt
NKK Switches
OMTEN
Oppho
Changfeng
Han Young
Bourns
Knitter-switch
APEM
E-Switch
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.
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Research objectives
To study and analyze the global Tactile 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 Tactile Switches market by identifying its various subsegments.
Focuses on the key global Tactile 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 Tactile 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 Tactile 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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