LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global navigation switch market report. This market research report also lists the key application segments that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global navigation switch market has a limited number of players between whom the competition is intense. Most vendors operate across product lines and offer products to multiple industries, while other vendors deal with more niche segments and provide only a limited number of products to the defense industry. Vendors have started to shift their manufacturing bases to APAC for greater cost-effectiveness and an enhanced response time.
The need to generate a higher revenue and customer base expansion has forced global players to enter alliances with local players to serve the end-users adequately. The companies with better technical and financial resources secure an upper hand by developing innovative products at a faster rate than their competitors and make their products outdated even before they are launched, or their costs are recovered. Therefore, vendors must develop new technologies and stay abreast with emerging technologies that can compete with their product lines in the market.
“Although international players are dominating the market, regional and foreign players with small market shares also have a presence. The international players may strengthen their presence worldwide through acquisitions during the forecast period. It is also forecasted that the improving global economic scenario will fuel market growth, thereby making it an ideal time to launch new products,” says Rohan Joy Thomas, lead embedded systems research analyst from Technavio.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Technavio market research analysts identify the following key vendors:
Adafruit Industries is a private independent company that makes components and switches such as navigation switches. The company offers a broad range of product offerings including electronics, tools, and equipment. In 2015, Adafruit Industries was ranked 11th in the top 20 USA manufacturing companies.
APEM is a manufacturer of human-machine interface products and develops a range of switching products such as printed circuit board (PCB) switches, joysticks, LED indicators, and switch panels. APEM controls all stages of product development and production ranging from tooling, screw machining, moulding, to assembly and final inspection by its vertically integrated production. APEM's technical expertise enables continuous growth of product ranges, including navigation switches.
C&K components offers more than 50,000 standard products and almost 8.5 million switches. The customers of C&K switches are companies that manufacture and distribute electronics products. The switches offered by C&K are mostly used in the automotive, Internet of Things (IoT), industrial, wearables, telecom, medical, consumer products, point-of-sale (POS) terminals, and aerospace.
E-Switch is a manufacturer of electromechanical switches to the industry segments such as the telecom, medical, high tech, electronics, industrial, instrumentation, audio/visual, consumer appliances markets. The company's product line-up includes tact, pushbutton, anti-vandal, rocker, slide, DIP, toggle, rotary, snap action, keylock, power, and illuminated switches. Furthermore, E-Switch has a sales network ranging from local representatives to a vast distribution network.
Grayhill is a manufacturer of deck rotary switches (single and multi) with virtually limitless configurations and rugged construction. Most of the rotary switches by Grayhill are the US Military Standard (MIL) qualified to exacting mechanical, electrical, and environmental standards. The company offers options such as isolated positions, adjustable stops, spring returns, configurable keylock switches, and concentric shaft switches.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Browse Related Reports:
- Global Narrowband IoT Chipset Market 2017-2021
- Global Data Protection Appliances Market 2017-2021
- Global Chip-on-flex (COF) Market 2017-2021
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.