PUBLISHER: BCC Research | PRODUCT CODE: 1735436
PUBLISHER: BCC Research | PRODUCT CODE: 1735436
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.
The global market for electrical switches for push-button switch type is expected to grow from $6.2 billion in 2025 and is projected to reach $9.0 billion by the end of 2030, at a CAGR of 7.6% during the forecast period of 2025 to 2030.
The global market for electrical switches for rocker switch type is expected to grow from $2.2 billion in 2025 and is projected to reach $2.6 billion by the end of 2030, at a CAGR of 3.0% during the forecast period of 2025 to 2030.
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.