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The Europe membrane switch market is expected to grow at a CAGR of 8.40% between 2023 and 2028. The market is being driven by the increasing applications of membrane switches across various end use industries such as medical and agriculture, and the growing adoption of consumer electronics.
A membrane switch is defined as an interface which facilitates the interaction between human and a machine. It enables communication between the user and instruments such as electronic appliances or household equipment. The main components which make up a membrane switch include conductive materials, graphic ink, and plastic films. On the plastic films, all the other components are laminated.
By products, the market can be segmented into polyester, and polycarbonate, among others. Based on application, the market can be classified into industrial, medical, and consumer electronics, among others. On the basis of country, the market can be divided into United Kingdom, Germany, France, and Italy, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Europe membrane switch market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The polyester segment, based on products, holds a significant share in the Europe membrane switch market. Polyester membrane switches require little force for actuation, which reduces the noise, as well as the chance of damage. This type of interface is reliable, smooth, and convenient. In addition, the strong and solid protection provided by this material can boost the life span of membrane switches, which is further increasing the popularity of polyester membrane switches.
The strong foothold of polyester membrane switch manufacturers across strong economies such as Germany, are further bolstering the segment’s growth. Membrane switches made from polyester films by leading manufacturers in the region go through stringent testing standards. The switches have diverse properties and great flexibility, allowing them to be utilised in various downstream products. This is leading to an accelerated growth of the membrane switch market in Europe.
The consumer electronics segment, based on application, accounts for a healthy share of the market. The increasing living standards and rising disposable income across the region are propelling the demand for electronic appliances such as washing machine, television, and air conditioners, among others. Membrane switches offer customisable solutions for consumer electronic needs which increase the convenience of people. Meanwhile, the high-quality product offerings, such as screen printing, durable cover material, and EMI shielding, among others, being presented by the major market players in the region are fuelling the Europe membrane switch market.
Molex, LLC is a leading electronic equipment manufacturer which caters to the demands of various end use sectors including healthcare, automotive, and data communication, among others. Providing powerful engineering services, Molex, LLC is headquartered in Illinois, United States. This company was founded in the year 1938.
Schurter AG is a Swiss technological innovator which manufacturers and markets electronic devices. It also produces switches and buttons used in various display elements. The company was founded in the year 1933 and is currently headquartered in Lucerne, Switzerland. Schurter AG operates in around 17 countries.
Epec, LLC is an engineered technology provider and also produces high-end electronic equipment. Epec, LLC was founded in the year 1952. Currently, it is a subsidiary of Friction Inc. and is headquartered in Massachusetts in the United States. The company uses build-to-print electronics to cater to the demands of diverse end users.
Other market players include ERMEC,SL, Topflight SPA, Douglas Corporation, and DuraTech Industries, among others.
|Scope of the Report||
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|Breakup by Products||
|Breakup by Application||
|Breakup by Region||
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Europe Membrane Switch Market Analysis
8.1 Key Industry Highlights
8.2 Europe Membrane Switch Historical Market (2018-2022)
8.3 Europe Membrane Switch Market Forecast (2023-2028)
8.4 Europe Membrane Switch Market by Products
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
8.5 Europe Membrane Switch Market by Application
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
8.5.3 Consumer Electronics
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
8.6 Europe Membrane Switch Market by Country
8.6.1 Market Share
220.127.116.11 United Kingdom
9 Regional Analysis
9.1 United Kingdom
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Molex, LLC
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
11.2.2 Schurter AG
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.3 Epec, LLC
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.5 Topflight SPA
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
11.2.6 Douglas Corporation
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
11.2.7 DuraTech Industries
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Membrane Switch Market: Key Industry Highlights, 2018 and 2028
2. Europe Membrane Switch Historical Market: Breakup by Product (USD Million), 2018-2022
3. Europe Membrane Switch Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Europe Membrane Switch Historical Market: Breakup by Application (USD Million), 2018-2022
5. Europe Membrane Switch Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Europe Membrane Switch Historical Market: Breakup by Country (USD Million), 2018-2022
7. Europe Membrane Switch Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Membrane Switch Market Structure
The market is estimated to grow at a CAGR of 8.40% in the forecast period of between 2023 and 2028.
The increasing application of the product across various end use industries such as medical and agriculture, increasing adoption of consumer electronics, and strong foothold of major product manufacturers in the region, are the major drivers of the Europe membrane switch market.
The key trends in the market include the thriving e-commerce industry and rising investments towards product innovations.
Polyester, and polycarbonate, among others are the different product based on which this market has been segmented.
Industrial, medical, and consumer electronics, among others are the significant applications of membrane switches.
A membrane switch is used to facilitate communication and interaction between a human and a machine.
A membrane switch is made using conductive materials and graphic ink, which are mounted over a plastic film.
Polyester and pressure sensitive adhesive (PSA) are the materials commonly used in membrane switches.
United Kingdom, Germany, France, and Italy, among others, are the major regional markets.
Molex, LLC, Schurter AG, Epec, LLC, ERMEC,SL, Topflight SPA, Douglas Corporation, and DuraTech Industries, among others, are the key market players, according to the report.
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