Surface-Mount Switches Market

Surface-Mount Switches Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Surface-Mount Switches Market: Introduction

  • Surface-mount technology (SMT) is the technology or method of electronics assembly in which electronics components are directly mounted on the surface of the printed circuit board. The devices that are mounted on the PCB are called surface mount devices (SMD).
  • Surface mounting enables a higher degree of automation, minimizing labor costs and expanding production rates, resulting in advanced PCB design and development. SMT enables smaller PCB design by enabling more components to be placed closer together on the board. This leads to designs that are more lightweight and compact.
  • SMT enables higher circuit speeds since PCBs created with the SMT process is more compact.
  • The compact package and lower lead inductance in SMT mean Electromagnetic Compatibility (EMC) would be more easily achievable. SMT enables lower resistance and inductance at the connection, reducing the undesired effects of RF signals, providing better high-frequency performance.

Rise in Demand from Consumer Electronics

  • Major application of surface-mount switches is in diverse consumer devices such as mobiles, ACs, washing machines, handheld devices, testing equipment, medical equipment, etc.
  • SMT is preferable for mass production lines, as the setup cost for SMT machines and process is higher. It offers various benefits such compactness, cost reduction in component handling, higher assembly speed, and reduction in assembly cost.
  • Thus, expansion of the consumer electronics market and increasing miniaturization, reduction in PCB footprint, and faster circuit speed have fueled the demand for surface mount technology
  • The recent trend in IoT devices, digitization, gaming, automotive applications and handheld devices is projected to propel the surface mount switches market.

Asia Pacific to Hold Significant Share of Global Market

  • Asia Pacific is estimated to account for a notable share of the global surface mount switches, market, as the region is home to a prominent electronics industry. A large number of SMD manufacturers based in China is boosting the market in the region. The consumer electronics segment holds a vital share of the surface mount switches market. The region offers lucrative opportunities for manufacturers of consumer electronics due to the presence of developing countries such as India, Malaysia, and Indonesia.
  • North America follows Asia Pacific in terms of share of the global surface mount switches market, as it is a mature market. Changing trends in smart devices, miniaturization, smart homes, and smart offices could fuel the share held by the region.
  • Europe is also estimated to increase share at steady pace, owing to advancement in automotive and consumer electronics sectors in the region, which require significant number of surface mount switches

Key Players in Global Surface-Mount Switches Market

  • Various manufacturers involved in the market majorly are focusing on uniqueness of product.

Key players include:

  • Alpsalpine
  • ABB Semiconductors
  • C&K
  • E-switch
  • Omron
  • TE connectivity
  • Panasonic
  • Apem
  • Diptronics
  • Keystone devices

Surface-Mount Switches Market Scope

Surface-Mount Switches Market, by Type

  • Tact switch
  • Dip switch
  • Rotary switch
  • Slide switch
  • Detector switch
  • Push button Switch

Surface-Mount Switches Market, by Industry

  • Consumer products
  • Automotive
  • Medical Devices
  • Telecommunication
  • others

Surface-Mount Switches Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Argentina
    • Brazil

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