Membrane Switch Market Size | ****** Membrane Switch Industry Report 2018 to 2025

Industry Insights

Asia Pacific dominated the membrane switch market in 2015 and is expected to display the same trend over the forecast period on account of rising consumer electronics production and consumption. Growing demand from emerging countries such as China and India are expected to play a major role in the growth of this market over the forecast period.

U.S. membrane switch market revenue, by application, 2014 – 2025 (USD Million)

Membrane switches are expected to have the highest penetration in the consumer electronics application segment. These are used in remote controllers of televisions and air-conditioners, along with washing machines and microwave ovens, to name a few. The market in this segment is driven by growing consumer electronics industry.

The penetration of membrane switches in the medical segment is projected to increase over the forecast period. This is due to the growing medical expenditure, coupled with extensive R&D in the medical equipment industry.

To view summary of Membrane Switch Market report, click the link below: 
www.grandviewresearch.com/industry-analysis/membrane-switch-market

Product Insights

Polyester is recognized for its tensile strength which facilitates resistance to cracking as well as deformation. The favorable properties of polyester are expected to find wide applications in the industrial and medical sectors.

Polycarbonate segment is expected to grow at a CAGR of 12.0% over the forecast period. Polycarbonate film has excellent electrical characteristics, good dimensional stability, and low moisture absorption. The high solvent resistance and good PTF ink compatibility would result in high demand for polycarbonate in the membrane switch industry

Application Insights

The membrane switches used in the medical application are custom designed for use in hospitals, laboratories, and other medical environments. The lightweight nature is expected to boost their application in medical devices. The switches are used in medical appliances such as hospital equipment, self-serve kiosks, handheld devices, the point of sale applications, patient monitors and lab equipment.

The demand for membrane switches in the consumer electronics application in 2015 was estimated at USD 1,200.8 million. These products can be used with various other control systems including smart lighting, touch-based sensors, and keyboards and also be integrated with switch panels and membrane keyboards in mobile phones and computers which are anticipated to drive the demand for the industry.

Regional Insights

China is the largest market in Asia Pacific on account of the government initiatives aimed at exports to the U.S. is expected to boost the demand. The presence of a large number of small enterprises in this country is boosting the production of membrane switches in this country.

North America is the second largest region and is expected to grow at a CAGR of 5.3%. The growth in application segments in the region is driving the market growth. U.S. is one of the largest electronics manufacturers in this region. The presence of various integrated device manufacturers such as Intel and Qualcomm is propelling the demand.

The Europe is driven by countries such as Germany and France that are marked by the presence of major manufacturers. The growing industrial electronics market in the region is expected to boost the demand for the product. These switches also form an important component of the automation trend that has been replacing various mechanical activities in the application segments.

Download Membrane Switch Market Report, click the link below:
www.grandviewresearch.com/industry-analysis/membrane-switch-market

Report Scope

Attribute Details
Base year for estimation 2015
Actual estimates/Historical data 2014 – 2015
Forecast period 2016 – 2025
Market representation Volume in million units, revenue in USD million & CAGR from 2016 to 2025
Regional scope North America, Europe, Asia Pacific, Row
Country scope U.S., Germany, France, China, South Korea
Report coverage Revenue forecast, company share, competitive landscape, growth factors and trends
15% free customization scope (equivalent to 5 analyst working days) If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization