According to a market report by Lucintel, the future of the global tactile switch market looks promising with opportunities in the automotive, medical, 3C product, information appliance, and white good applications. The global tactile switch market is expected to reach an estimated $11 billion by 2030 at a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are growing demand for miniaturization in electronic devices and rising adoption of smart devices and the internet of things.
A more
than 150-page report to understand trends, opportunity and forecast in global tactile
switch market to 2030 by type (standard, illuminated, sealed, key top,
surface-mount devices, and others), application (automotive, medical, 3C
products, information appliances, white goods, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, standard is expected to witness the
highest growth over the forecast period due to its widespread use in
commercial, industrial machinery, and various home electronic appliances.
Within the
application category, white good is expected to witness the highest growth over
the forecast period.
Download
sample by clicking on tactile switch
market.
In terms
of region, APAC is expected to witness highest growth over the forecast period
due to rapid urbanization and industrialization, growing population disposable
income, and presence of major electronics manufacturing units in the region.
Alps
Electric, The Mitsumi Electric, Panasonic, Omron, CTS are the major suppliers
in the tactile switch market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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