Contactless switches are equipment that connects, disconnects, and transfers current in electrical circuits without mechanically closing (opening) contacts but rather by means of an abrupt change of internal resistance in a control element connected in series with the load.
This report contains market size and forecasts of Contactless Switches in global, including the following market information:
Global Contactless Switches Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Contactless Switches Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Contactless Switches companies in 2021 (%)
The global Contactless Switches market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Magnetic Amplifier Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Contactless Switches include ASA, Fortop, ABB Smart Power, Arcolectric, Balluff GmbH, BIRCHER REGLOMAT, Clippard, COMITRONIC - BTI and CURTISS-WRIGHT, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Contactless Switches manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contactless Switches Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Contactless Switches Market Segment Percentages, by Type, 2021 (%)
Magnetic Amplifier Type
Electronic Tube Type
Ion Tube Type
Semiconductor Type
Global Contactless Switches Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Contactless Switches Market Segment Percentages, by Application, 2021 (%)
Transportation
Manufacture
Renovation
Others
Global Contactless Switches Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Contactless Switches Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contactless Switches revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Contactless Switches revenues share in global market, 2021 (%)
Key companies Contactless Switches sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Contactless Switches sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ASA
Fortop
ABB Smart Power
Arcolectric
Balluff GmbH
BIRCHER REGLOMAT
Clippard
COMITRONIC - BTI
CURTISS-WRIGHT
DOLD
Alcom Electronics
Shenzhen EPT Tech