Global Rotary Limit Switch Market Growth 2023-2029
The rotary limit switch is used to control the movement of industrial machinery. It operates as an auxiliary controller of electrical motors through a power interface, such as a contactor or PLC. Suitable for heavy duty, its shaft is connected to the motor and, after a set number of revolution, the cams operate the switches, thus starting the predetermined movement. A worm gear and a helical toothed gear combined with one or more pairs of straight toothed gears are used for the transmission of the movement from the input shaft to the output shaft.
LPI (LP Information)' newest research report, the “Rotary Limit Switch Industry Forecast” looks at past sales and reviews total world Rotary Limit Switch sales in 2022, providing a comprehensive analysis by region and market sector of projected Rotary Limit Switch sales for 2023 through 2029. With Rotary Limit Switch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rotary Limit Switch industry.
This Insight Report provides a comprehensive analysis of the global Rotary Limit Switch landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rotary Limit Switch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rotary Limit Switch market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rotary Limit Switch and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rotary Limit Switch.
The global Rotary Limit Switch market size is projected to grow from US$ 51 million in 2022 to US$ 65 million in 2029; it is expected to grow at a CAGR of 65 from 2023 to 2029.
Global Rotary Limit Switch key players include Stromag, Tecno Elettrica Ravasi (TER), AMETEK STC, Gleason Reel (Hubbell), Giovenzana, etc. Global top five manufacturers hold a share about 70%. Europe is the largest market, with a share about 70%, followed by North America, with a share about 20 percent. In terms of product, SPDT Switches Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Hoisting Apparatus, followed by Wind Turbines.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotary Limit Switch market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Gear Type
Encoded Type
Segmentation by application
Wind Turbines
Hoisting Apparatus
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tecno Elettrica Ravasi
AMETEK STC
Giovenzana
Stromag
Gleason Reel (Hubbell)
B-Command
BeiLiang
NOOK Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rotary Limit Switch market?
What factors are driving Rotary Limit Switch market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rotary Limit Switch market opportunities vary by end market size?
How does Rotary Limit Switch break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook