Global Navigation Switch Market to 3.72% CAGR to 2021 – Analysis of Adafruit Industries, APEM, C&K Components, E-Switch, and Grayhill

MarketResearchNest.com adds “Global Navigation Switch Market 2017-2021” new reports to its research database. The report spread across 71 pages with tables and figures in it.

The research analysts forecast the global navigation switch market to decline at a CAGR of (3.72)% during the period 2017-2021.

A navigation switch has several pushbuttons on a stick. Slight movement in the stick activates one or two out of four direction pushbuttons, namely up, down, left, and right. Pushing the stick to a diagonal corner will activate two direction switches. Pushbutton is activated by pressing down on the stick. Furthermore, the stick can also be used as joystick; however, the outputs are digital and not analog.

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Technavio recognizes the following companies as the key players in the global navigation switch market: Adafruit Industries, APEM, C&K Components, E-Switch, and Grayhill.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Introduction of fly-by-wire aircrafts. The cockpit controls and movable surfaces on the wing and tail of conventional aircraft were manually controlled with the help of mechanical and hydraulic linkages. However, with the emergence of fly-by-wire technology, these controls are mainly computerized, and the pilot commands are transmitted electronically through a network of actuators placed on the wings and tail of the airship.

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According to the report, one of the major drivers for this market is Growth of automotive safety system. Advanced safety and security features are no longer limited to premium vehicles. Electronic equipment is also being installed in entry-level vehicles, which are in high demand in emerging markets. This increases the demand for in-vehicle electronic devices to examine road conditions and prevent accidents. The safety applications embedded in vehicles include systems for braking and stability, electronic steering, anti-pinch window, and driver assistance systems such as radar systems, cameras, and communication devices.

Further, the report states that one of the major factors hindering the growth of this market is Increased gaming on smartphones and tablets. The increasing use of smartphones and tablets for video games is also a major challenge for the gaming peripherals market. Gamers using smart devices do not need additional peripherals for gaming. Also, many hard-core gamers are shifting to smartphone and tablet gaming because of its cost-effectiveness. The segment of casual console gamers is also moving to smartphone gaming as it can be accessed from anywhere.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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