Pressure Switch Market Expected to Grow At a CAGR of 6.3% By 2026 - SMC, Schneider, Honeywell, Emerson, Baumer, Parker, Danfoss

According to Publisher, the Global Pressure Switch Market is accounted for $1.61 billion in 2017 and is expected to reach $2.78 billion by 2026 growing at a CAGR of 6.3% during the forecast period. Some of the key factors influencing the market growth include increasing Focus on process automation and growing demand for pressure switches in the transportation sector. However, limited monitoring capabilities are restraining the market growth.

Pressure switches are the switch which open or closes the circuit when a positive fluid pressure is achieved on its effort terminal. This switch is pressure actuated switch, which are varied according to, make the get in touch with either with rise in pressure or fall in pressure. These switches are widely used in industries to mechanically monitor the system that uses rushed fluid for controlling the circuit.

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Some of the key players in SMC Corporation, Schneider, Honeywell, FOX Srl, Emerson, Bosch, BD|Sensors, Baumer Group, Barksdale, Parker, Schlumberger, Danfoss, Eaton and ABB.

By Application, the HVAC segment is anticipated to grow at the significant share during the forecast period. The use of pressure switches helps HVAC systems to function at optimum levels and better maintenance. The top companies are concerned in provision of pressure switches for HVAC applications.

By Geography, Asia Pacific region is anticipated to be the fastest-growing and largest market share during the forecast period. Countries such as due China and Japan are the largest markets for pressure switches in the region. The government of China plans to enhance the investments toward process and manufacturing industries, thus creating a demand for the pressure switch market in the country.

Table of Contents

1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Pressure Switch Market, By Type
5.1 Introduction
5.2 Solid-State
5.3 Electromechanical
6 Global Pressure Switch Market, By Pressure Range
6.1 Introduction
6.2 Above 400 Bar
6.3 100-400 Bar
6.4 Below 100 Bar
7 Global Pressure Switch Market, By Application
7.1 Introduction
7.2 Hydraulics & Pneumatics
7.3 Safety & Alarm Systems
7.4 Monitoring & Control
7.5 HVAC
8 Global Pressure Switch Market, By End-User
8.1 Introduction
8.2 Commercial
8.3 Process & Manufacturing Industry
8.4 Automotive & Transportation

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