The global market for electrical switches is expected to grow from $16 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.
Electric switches are used to supply electricity within circuits by establishing or interrupting connections. They have different residential, commercial, and industrial uses. The types of electrical switches include push-button, toggle, rotary, rocker, slide and limit switches, each of which varies by its operating mechanism and application. Smart switches integrated with IoT and automation technologies are gaining traction due to increasing demand for energy efficiency.
The market for electrical switches is driven by urbanization, infrastructure development, and the growing adoption of smart home technologies. Factors contributing to market growth include growing industrial automation demand and stringent safety regulations. Due to rapid industrialization and urban expansion in India and China, the Asia-Pacific region dominates the global market.
Electric switches are used to supply electricity within circuits by establishing or interrupting connections. They have different residential, commercial, and industrial uses. The types of electrical switches include push-button, toggle, rotary, rocker, slide and limit switches, each of which varies by its operating mechanism and application. Smart switches integrated with IoT and automation technologies are gaining traction due to increasing demand for energy efficiency.
The market for electrical switches is driven by urbanization, infrastructure development, and the growing adoption of smart home technologies. Factors contributing to market growth include growing industrial automation demand and stringent safety regulations. Due to rapid industrialization and urban expansion in India and China, the Asia-Pacific region dominates the global market.
Report Scope
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.The report includes:
- 70 data tables and 50 additional tables
- An updated review of the global market for electrical switches
- Analyses of global market trends, with sales data for 2024, estimates for 2025, forecasts for 2026, 2027, and projections of compound annual growth rates (CAGRs) through 2030
- Evaluation of and forecast for the global market for electrical switches, and a corresponding market share analysis by switch type, material, technology, switch configuration, distribution channel, application, and region
- A look at emerging technologies, opportunities and gaps in current and future demand for electrical switches
- Coverage of the technological issues related to electrical switches
- Identification of the companies best positioned to meet the market demand due to their proprietary technologies, new products, and strategic alliances
- Discussion of the industry value chain, the demand-supply gap, and factors driving the growth of the market
- A patent analysis with emphasis on emerging technologies and new developments
- A discussion of the industry’s ESG challenges and practices
- Analysis of the leading companies’ market shares and proprietary technologies, strategic alliances, and other key market strategies
- Profiles of the leading companies including, ABB, Schneider Electric, Siemens, Honeywell International Inc., and Eaton
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Market Overview
Chapter 3 Market Dynamics
Chapter 4 Emerging Trends and Technologies
Chapter 5 Market Segmentation Analysis
Chapter 6 Competitive Intelligence
Chapter 7 Sustainability in the Electrical Switch Industry: An ESG Perspective
Chapter 8 Appendix
List of Tables
List of Figures
Companies Mentioned
- ABB
- Adolf Würth GmbH & Co. KG
- Eaton
- GE Vernova
- Honeywell International Inc.
- Infineon Technologies AG
- Legrand
- Littelfuse Inc.
- Lutron
- Omron Corp.
- Rockwell Automation
- Salzer Electronics Ltd.
- Schneider Electric
- Siemens
- TE Connectivity
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 149 |
Published | May 2025 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 16 Billion |
Forecasted Market Value ( USD | $ 20.8 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |