Rotary Limit Switches Market Analysis

  • Report ID: 5217
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Rotary Limit Switches Market Analysis

End Use Industry (Automation, Construction, Stage Technology, Industrial, Power Generation)

The automation segment in the rotary limit switches market is set to grow at the highest share of about 40% during the forecast period. This growth of the segment could be owing to rising industrial automation and automotive robotic across a large number of industries all across the world. These switches are essential for accurate position sensing and control in automated systems, ensuring reliable operation. As businesses strive for greater productivity, effectiveness, and security, the need for automation is growing which is further encouraging market growth.

Type (Gear Type, Encoded Type)

Rotary limit switches market from the encoded type segment is set to rise growing at a highest share of about 60% by the end of 2036. The input shaft of the encoder-type rotary limit switch has optical or magnetic encoding that reads the exact location of the output arm. The connections close when an input shaft reaches a predetermined point and reopens when it continues to rotate past that point. Hence, this type of rotary limit switch is estimated to precisely monitor motion which is why its demand is high.

Our in-depth analysis of the global market includes the following segments:

 

     Type

  • Gear Type
  • Encoded Type

 

     Application Type

  • Hoisting Apparatus
  • Wind Turbines

 

 

     End Use Industry

  • Automation
  • Construction
  • Stage Technology
  • Industrial
  • Power Generation
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Browse Key Market Insights with Data Illustration:


Author Credits:  Richa Gupta


  • Report ID: 5217
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of rotary limit switches is estimated at USD 1.12 Billion.

The rotary limit switches market size was over USD 1.06 Billion in 2023 and is anticipated to reach USD 2.32 Billion by 2036, witnessing around 6.2% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are growing mining activities, the surge in the adoption of wireless technology, and the rise in the use of rotary limit switches in various events and theaters.

North America industry is expected to grow at a largest share of approximately 35% by 2036, owing to strict regulation of safety in industries such as oil & gas and mining in the region.

OTTO Engineering, Inc., K.A. Schmersal GmbH & Co. KG, ABB, Siemens, Emerson Electric Co., Turck, GmbH & Co. KG, Carlo Gavazzi Holding AG, Baco Controls, Inc., BERNSTEIN AG, Techno Elettrica Ravasi
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