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According to the latest research, the global Push Button Complete Units market size was valued at USD 2903.99 million in 2022 and is expected to expand at a CAGR of 5.1% during the forecast period, reaching USD 3914.61 million by 2028.
A push-button complete unit is an electronic assembly that comprises a switch, which has the contact mechanism and electrical terminals to make a connection between two or more circuits. A push-button includes metallic contacts in some positions inside of it. Internal components are typically fabricated from conductive plastics (e.g., polycarbonate). Push-button complete units can also be fabricated from machined metal components. Push buttons are widely used in electrical appliances, consumer electronics, and industrial machines for switching the circuit that is connected to it on or off by pressing a switch that makes contact between two circuits.
Market Opportunities and Drivers
With the progress and development of the global economy, the degree of industrialization and automation in Asia has gradually improved. The Regional Comprehensive Economic Partnership Agreement (RCEP) was formally signed, which will cover nearly half of the world's population and nearly one third of its trade volume, and its members include 15 ASEAN countries, China, Japan, South Korea, Australia and New Zealand. As far as tariffs are concerned, RCEP and other existing trade agreements among members in the region have a complementary and mutually promoting relationship. RCEP stipulates tax reduction products that are not found in other FTA agreements, and enterprises can choose RCEP or other trade agreements independently according to the degree of preference. Besides tariffs, RCEP reduces intra-regional trade barriers through various systems. The relatively low labor cost in Asia, the improvement of industrialization level and the development of regional economic cooperation are some main factors supporting the growth of push button complete unit industry in this region.
With the development of urbanization and economic level, the manufacturing industry in Asian market are developing continuously. Compared with Europe and America, the adoption rate of high-end technology in Southeast Asia is still very low, but these countries are witnessing the attraction of automation technology. The current development trend is that large-scale manufacturers are transferring their production bases to Asia, especially Indonesia, Thailand and Malaysia. It can be predicted that the demand for power equipment and machine tool in these areas will further increase. With the industrial upgrading in Asia, the market growth of push button complete unit products is driven.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
ABB is one of the major players operating in the Push Button Complete Units market, holding a share of 10.65% in 2022.
ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group consists of several divisions including Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products, and Process Automation. Technology plays a key role in the success of The ABB Group. ABB has activities all over the world working to develop unique technologies that make ABB customers more competitive, while minimizing environmental impact.
Schneider Electric provide energy and automation digital solutions for efficiency and sustainability. Schneider Electric combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.
Segmentation Overview:
Among different product types, Panel Mount segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Power Equipment segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Push Button Complete Units industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Push Button Complete Units. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Push Button Complete Units Market Report Include:
Market Size Estimates: Push Button Complete Units market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Push Button Complete Units market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Push Button Complete Units market
Segment Market Analysis: Push Button Complete Units market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Push Button Complete Units market situations and prospects in major and top regions and countries
Push Button Complete Units Market
Push Button Complete Units Industry Chain: Push Button Complete Units market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Push Button Complete Units Industry News, Policies by regions
Push Button Complete Units Industry Porters Five Forces Analysis
Key players in the global Push Button Complete Units market are covered in Chapter 2:
ABB
Fuji Electric
Banner
IDEC Corporation
Emerson
Schneider Electric
BARTEC
Siemens
Chint Group
Omron
Schlegel
Rockwell Automation
WEG
NKK Switches
Eaton
In Chapter 6 and Chapter 9, on the basis of types, the Push Button Complete Units market from 2018 to 2028 is primarily split into:
Surface Mount
Panel Mount
In Chapter 7 and Chapter 10, on the basis of applications, the Push Button Complete Units market from 2018 to 2028 covers:
Power Equipment
Machine Tool
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Push Button Complete Units market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Push Button Complete Units industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Push Button Complete Units market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Push Button Complete Units industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Push Button Complete Units market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Push Button Complete Units market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Push Button Complete Units market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
A push-button complete unit is an electronic assembly that comprises a switch, which has the contact mechanism and electrical terminals to make a connection between two or more circuits. A push-button includes metallic contacts in some positions inside of it. Internal components are typically fabricated from conductive plastics (e.g., polycarbonate). Push-button complete units can also be fabricated from machined metal components. Push buttons are widely used in electrical appliances, consumer electronics, and industrial machines for switching the circuit that is connected to it on or off by pressing a switch that makes contact between two circuits.
Market Opportunities and Drivers
With the progress and development of the global economy, the degree of industrialization and automation in Asia has gradually improved. The Regional Comprehensive Economic Partnership Agreement (RCEP) was formally signed, which will cover nearly half of the world's population and nearly one third of its trade volume, and its members include 15 ASEAN countries, China, Japan, South Korea, Australia and New Zealand. As far as tariffs are concerned, RCEP and other existing trade agreements among members in the region have a complementary and mutually promoting relationship. RCEP stipulates tax reduction products that are not found in other FTA agreements, and enterprises can choose RCEP or other trade agreements independently according to the degree of preference. Besides tariffs, RCEP reduces intra-regional trade barriers through various systems. The relatively low labor cost in Asia, the improvement of industrialization level and the development of regional economic cooperation are some main factors supporting the growth of push button complete unit industry in this region.
With the development of urbanization and economic level, the manufacturing industry in Asian market are developing continuously. Compared with Europe and America, the adoption rate of high-end technology in Southeast Asia is still very low, but these countries are witnessing the attraction of automation technology. The current development trend is that large-scale manufacturers are transferring their production bases to Asia, especially Indonesia, Thailand and Malaysia. It can be predicted that the demand for power equipment and machine tool in these areas will further increase. With the industrial upgrading in Asia, the market growth of push button complete unit products is driven.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
ABB is one of the major players operating in the Push Button Complete Units market, holding a share of 10.65% in 2022.
ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group consists of several divisions including Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products, and Process Automation. Technology plays a key role in the success of The ABB Group. ABB has activities all over the world working to develop unique technologies that make ABB customers more competitive, while minimizing environmental impact.
Schneider Electric provide energy and automation digital solutions for efficiency and sustainability. Schneider Electric combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.
Segmentation Overview:
Among different product types, Panel Mount segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Power Equipment segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Push Button Complete Units industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Push Button Complete Units. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Push Button Complete Units Market Report Include:
Market Size Estimates: Push Button Complete Units market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Push Button Complete Units market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Push Button Complete Units market
Segment Market Analysis: Push Button Complete Units market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Push Button Complete Units market situations and prospects in major and top regions and countries
Push Button Complete Units Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Push Button Complete Units Industry Chain: Push Button Complete Units market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Push Button Complete Units Industry News, Policies by regions
Push Button Complete Units Industry Porters Five Forces Analysis
Key players in the global Push Button Complete Units market are covered in Chapter 2:
ABB
Fuji Electric
Banner
IDEC Corporation
Emerson
Schneider Electric
BARTEC
Siemens
Chint Group
Omron
Schlegel
Rockwell Automation
WEG
NKK Switches
Eaton
In Chapter 6 and Chapter 9, on the basis of types, the Push Button Complete Units market from 2018 to 2028 is primarily split into:
Surface Mount
Panel Mount
In Chapter 7 and Chapter 10, on the basis of applications, the Push Button Complete Units market from 2018 to 2028 covers:
Power Equipment
Machine Tool
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Push Button Complete Units market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Push Button Complete Units industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Push Button Complete Units market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Push Button Complete Units industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Push Button Complete Units market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Push Button Complete Units market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Push Button Complete Units market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
