Electrical Switches: Technologies and Global Markets

Report Code: EGY145B

Publish Date: May 2025

Publisher: BCC Publishing

Category: Energy

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Report Highlights

The global market for electrical switches is expected to grow from $16.0 billion in 2025 and is projected to reach $20.8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2025 to 2030.

Report Includes

  • 70 data tables and 50 additional tables
  • An updated review of the global market for electrical switches
  • Analyses of global market trends, with sales data for 2024, estimates for 2025, forecasts for 2026, 2027, and projections of compound annual growth rates (CAGRs) through 2030
  • Evaluation of and forecast for the global market for electrical switches, and a corresponding market share analysis by switch type, material, technology, switch configuration, distribution channel, application, and region
  • A look at emerging technologies, opportunities and gaps in current and future demand for electrical switches
  • Coverage of the technological issues related to electrical switches
  • Identification of the companies best positioned to meet the market demand due to their proprietary technologies, new products, and strategic alliances
  • Discussion of the industry value chain, the demand-supply gap, and factors driving the growth of the market
  • A patent analysis with emphasis on emerging technologies and new developments
  • A discussion of the industry’s ESG challenges and practices
  • Analysis of the leading companies’ market shares and proprietary technologies, strategic alliances, and other key market strategies
  • Profiles of the leading companies including, ABB, Schneider Electric, Siemens, Honeywell International Inc., and Eaton

Report Scope

This report analyzes trends in the global market for electrical switches. It provides global revenues (in $ millions) for segments and regions, with 2024 as the base year and estimated market data for 2025 through 2030. The report segments the market by switch type, materials, technology, configuration, distribution channel, application, and region. Regions covered are North America (U.S., Canada, Mexico), Europe (U.K., Germany, France, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Rest of Asia-Pacific), and the Rest of the World (South America, and the Middle East and Africa). The report also discusses emerging technologies and the competitive landscape. It concludes with profiles of the leading companies in the market.

Report Synopsis

Report Metrics Details
Base year considered 2024
Forecast period considered 2025-2030
Base year market size $15.3 Billion
Market size forecast $20.8 Billion
Growth rate CAGR of 5.4% for the forecast period of 2025-2030
Units considered $ Millions
Segments covered Switch Type, Materials, Technology, Configuration, Distribution Channel, Application, and Region
Regions covered North America, Asia-Pacific, Europe, and Rest of the World
Countries covered U.S., Canada, Mexico, France, Germany, the U.K., Japan, India, South Korea, China, South America, and the Middle East and Africa
Key Market Drivers
  • Growing demand for electric vehicles.
  • Growing infrastructure due to rising urbanization.
  • Adoption of anti-bacterial electrical switches.
  • Construction-specific solutions, installation efficiency, and safety.
  • Touchscreen electrical switches and the growth of smart cities.
  • Energy-efficient electrical switches.
Companies studied
ABBADOLF WURTH GMBH & CO. KG
EATONGE VERNOVA
HONEYWELL INTERNATIONAL INC. INFINEON TECHNOLOGIES AG
LEGRANDLITTELFUSE INC.
LUTRONOMRON CORP.
ROCKWELL AUTOMATIONSALZER ELECTRONICS LTD.
SCHNEIDER ELECTRICSIEMENS
TE CONNECTIVITY
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Frequently Asked Questions (FAQs)

The global market for electrical switches was valued at $15.3 billion in 2024 and will reach $20.8 billion by 2030, growing at a CAGR of 5.4% from 2025 to 2030.
The key factors driving the global electrical switches market are the growing demand for electric vehicles, growing infrastructure due to rising urbanization, and the rise of anti-bacterial electrical switches.
By the end of 2030, the commercial/industrial segment will continue to dominate the global electrical switches market, owing to the higher adoption of these devices across these industries and the rising non-residential construction worldwide.
The Asia-Pacific region is the leading revenue generator for the global electrical switches market. In 2024, it accounted for $5.3billion in revenue, representing about 34.5% worldwide. North America and Asia-Pacific are key markets, with significant growth potential driven by major industry players deriving substantial revenue from these regions, substantial government investments in infrastructure modernization, rising construction activities, and rapid urbanization, especially across emerging economies such as China and India.
The key companies/players in the market include ABB, Schneider Electric, Siemens, Honeywell International Inc., and Eaton, among others

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Electrical Switches: Technologies and Global Markets149Free
Chapter- 1: Executive Summary4Free
Chapter- 2: Market Overview9Free
Chapter- 3: Market Dynamics 4Free
Chapter- 4: Emerging Trends and Technologies5Free
Chapter- 5: Market Segmentation Analysis45Free
Chapter- 6: Competitive Intelligence4Free
Chapter- 7: Sustainability in the Electrical Switch Industry: An ESG Perspective 4Free
Chapter- 8: Appendix74Free

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This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 120

  • Summary Table: Global Market for Electrical Switches, by Switch Type, Through 2030
  • Table 1: Regulatory Bodies, Standards Organizations, and Government Agencies, by Region, 2024
  • Table 2: Granted Patents, by Inventor or Assignee, January 2024–February 2025
  • Table 3: Global Market for Electrical Switches, by Switch Type, Through 2030
  • Table 4: Global Market for Push-Button Switches, by Region, Through 2030
  • Table 5: Global Market for Rocker Switches, by Region, Through 2030
  • Table 6: Global Market for Toggle Switches, by Region, Through 2030
  • Table 7: Global Market for Snap-action Switches, by Region, Through 2030
  • Table 8: Global Market for Keylock Switches, by Region, Through 2030
  • Table 9: Global Market for Rotary Switches, by Region, Through 2030
  • Table 10: Global Market for Limit Switches, by Region, Through 2030
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Report Highlights

The global electromechanical switch market should reach $15.6 billion by 2022 from $10.4 billion in 2017 at a compound annual growth rate (CAGR) of 8.4%, from 2017 to 2022.

Report Includes

  • An overview of the global market for electrical switches and technologies.
  • Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
  • A breakdown of the market by region, by type, and by applications.
  • Definition of electrical switches and description of types of switches.
  • Insight into the raw materials suppliers and price analysis of electrical switches.

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Electrical Switches: Technologies and Global Markets
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