Global Modular Electrical Switches Market Insights, Forecast to 2028

Market Analysis and Insights: Global Modular Electrical Switches Market
Due to the COVID-19 pandemic, the global Modular Electrical Switches market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Traditional Electrical Switches accounting for % of the Modular Electrical Switches global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Residential segment is altered to an % CAGR throughout this forecast period.
China Modular Electrical Switches market size is valued at US$ million in 2021, while the US and Europe Modular Electrical Switches are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Modular Electrical Switches landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Modular Electrical Switches include Panasonic, Havells, Honeywell, Legrand, Wipro, ABB, GM, Kolors and Orpat, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Modular Electrical Switches capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Modular Electrical Switches by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Modular Electrical Switches Scope and Segment
Modular Electrical Switches market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Modular Electrical Switches market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Traditional Electrical Switches
Smart Electrical Switches
Segment by Application
Residential
Industrial
Commercial
By Company
Panasonic
Havells
Honeywell
Legrand
Wipro
ABB
GM
Kolors
Orpat
Philips
Schneider Electric
Siemens
Simon
Salzer Electronics
Delixi
CHINT
Longsheng
Opple
Gamder
Feidiao
Bull
GELAN
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE