Electrical Switch Market - Top Companies and Manufacturers

  • Report ID: 316
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Companies Dominating the Electrical Switch Landscape

top-features-companies
    • Havells India Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Panasonic Holdings Corporation
    • ABB Limited
    • Salzer Electronics Limited
    • Schneider Electric SE
    • General Electric Company (GE)
    • Opple Lighting Co., Ltd.
    • Delixi Electric Ltd.
    • Zhejiang Chint Electrics Co., Ltd
    • Simon S.A.U.

Browse Key Market Insights with Data Illustration:

In the News

  • Havells India Limited launched Anti-Viral Anti-Bacterial switch range to encourage safe lifestyle. As a result of ViruzSafeTM patent-pending technology, these ranges are able to kill 92.5% of viruses within one minute from the switch surface, and over 99.89% within two hours, ensuring consumers' health and hygiene safety.

  • Panasonic Holdings Corporation announced the launch of waterproof switches which have built-in resistors, with a wiring failure detection function to enhance the automobiles safety.


Author Credits:  Abhishek Verma


  • Report ID: 316
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of electrical switch is assessed at USD 16.72 Billion.

The electrical switch market size was valued at USD 15.3 Billion in 2023 and is likely to reach USD 48.61 Billion by the end of 2036, expanding at around 9.3% CAGR during the forecast period i.e., between 2024-2036. Worldwide surge in urbanization, growth in electronics industry, and escalation in automotive industry are some major factors driving the growth of the market.

Asia Pacific is poised to account for majority industry share by 2036, backed by the easy availability of these switches at affordable prices in the Indian market has augmented their adoption in several applications such as in commercial and residential buildings, industries, hospitality, and others.

Havells India Limited, Panasonic Holdings Corporation, ABB Limited, Salzer Electronics Limited, Schneider Electric SE, General Electric Company (GE), Opple Lighting Co., Ltd., Delixi Electric Ltd., Zhejiang Chint Electrics Co., Ltd, Simon S.A.U.
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