Global Membrane Switch Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Membrane Switch Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Membrane switch is an operating system integrating key function, indicating element and instrument panel. Membrane switch is a user equipment interface utility, which allows command communication from users to electronic devices. Membrane switch can be considered as a kind of interface tool together with touch

Market Overview:

The latest research study on the global Membrane Switch market finds that the global Membrane Switch market reached a value of USD 711.96 million in 2022. It’s expected that the market will achieve USD 801.77 million by 2028, exhibiting a CAGR of 2.0% during the forecast period.

Growing Demand from Key Applications and Potential Industries

Membrane switches are widely used in medical equipment, industrial control equipment, retail equipment, household appliances and consumer products. Under the influence of COVID-19 epidemic, the demand for medical equipment has increased rapidly. People's concepts have changed and people pay more and more attention to health, so it is expected that the demand for medical equipment will increase continuously. Medical equipment examines the characteristics of human physiological structure and the whole process of human physiology to judge the diagnosis of human physiological structure. The membrane switch of medical equipment is a vital part of the application of medical equipment. The main purpose of clinical diagnosis detected by medical equipment is to provide human diagnostic information, so that patients can be better treated by this information. The manufacturing requirements of membrane switches for medical equipment are very strict, which not only require product quality standards, but also require high safety performance for membrane switches on equipment. Medical equipment products are very afraid of static electricity, which will directly affect the normal operation of the whole machine, and may also lead to errors in the functions of the whole machine. Therefore, customized medical equipment membrane switch products must truly eliminate static electricity. The demand for membrane switches in medical equipment industry will promote the growth of the market. According to the research data, the revenue of medical equipment application will be US$ 99.74 million in 2016, and it is expected to reach US$ 151.87 million in 2026.

The complicated production process of membrane switch

The general membrane switch adopts a three-layer structure, including an upper conductive layer, an insulating layer and a lower conductive layer. Both the upper conductive layer and the lower conductive layer are provided with trigger parts, which are respectively connected with the positive electrode and the negative electrode. When the membrane switch is pressed, the trigger parts on the upper and lower conductive layers are contacted, so that the positive and negative electrodes are conducted and the switch is conducted. The upper conductive layer and the lower conductive layer need to be provided with circuits at the same time, so that the switch can be turned on, and the production process of the thin film switch is complicated and the cost is high. In addition, the existing circuit is generally formed by printing silver wires, and jumper wires are set by erecting connecting wires above the circuit board. To avoid short circuit, an insulating layer needs to be set between the circuit board and jumper wires. If the insulating layer is not set properly, the circuit board is prone to short circuit or poor contact. The complicated production process of membrane switch may increase the production cost of enterprises and pose certain challenges to the development of enterprises.

Fierce Competition

For new entrants, the company's main competitor is the global large-scale membrane switch manufacturer with international recognition and strong capability. In recent years, new changes have taken place in the global membrane switch industry. The demand for high-end membrane switch has been increasing, and the demand in Asia Pacific and emerging markets has been released. New entrants need to improve their competitiveness through digital transformation, consolidation of technological advantages and cost control measures. However, if the market competition intensifies, the company cannot effectively enhance its competitive advantage, quickly adapt to the industry trend and changing market environment, and consolidate its competitive advantage, resulting in the risk of losing market share and weakening profitability.

Region Overview:

In global comparison, a significant portion of the revenue was generated in APAC (60.32% in 2021).

Company Overview:

Molex is one of the major players operating in the Membrane Switch market, holding a share of 9.18% in 2022.

Molex

Molex LLC is a manufacturer of electronic, electrical and fiber optic connectivity systems. Molex offers over 100,000 products, across a variety of industries including data communications, medical, industrial, automotive and consumer electronics.

Fujikura

Fujikura Ltd. is a global, Tokyo-based electrical equipment manufacturing company, developing and manufacturing power and telecommunication systems products, including devices for optical fibers, such as cutters and splicers.

Segmentation Overview:

As for product types, the PET Membrane Switch segment held the largest market share in 2021.

PVC Membrane Switch

PVC Membrane Switch has good wear resistance, noise elimination and vibration elimination, and good electrical insulation. Poor thermal stability. Applicable to common signs and panels.

PET Membrane Switch

PET Membrane Switch has excellent mechanical properties, electrical properties, rigidity, hardness, maximum strength and toughness among thermoplastics, low water absorption, excellent wear resistance and friction resistance, and high dimensional stability. Tensile strength is much higher than PC and PVC. Textured PET is suitable for products with high surface requirements or liquid crystal display windows.

PC Membrane Switch

PC Membrane Switch has high light transmittance, low water absorption, good dimensional stability, excellent bending, excellent heat resistance, cold resistance, electrical insulation. Poor resistance, easy to produce stress cracking. Generally, it has the widest application range, which can meet the requirements of most thin film switch panels, and the high light transmittance of smooth PC can meet the requirements of LCD window.

Application Overview:

The market's largest segment by application is the segment Industrial Control Equipment, with a market share of 30.28% in 2021.

Key Companies in the global Membrane Switch market covered in Chapter 3:

Lustre-Cal Corp
KEE
XYMOX
Esterline
Epec
Shenzhen BoErZhuo Electronic
Dyna-Graphics Corporation
GGI International
LUNFENG Technology
SUNWODA
KAY-EE
Fujikura
Sytek
Human E&C
Danielson
GOT Interface
You-Eal Corporation
Molex
Nelson-Miller
Douglas Corporation
Shenzhen Xin Jie Electronic
Baoshengda
Guangzhou KD Touch Electronics
Sensigraphics
ElecFlex
INESA
BUTLER
BOLIN

In Chapter 4 and Chapter 14.2, on the basis of types, the Membrane Switch market from 2018 to 2029 is primarily split into:

PVC Membrane Switch
PET Membrane Switch
PC Membrane Switch

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Membrane Switch market from 2018 to 2029 covers:

Medical Equipment
Industrial Control Equipment
Retail Equipment
Household Appliances
Consumer Products
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)