About DC Switch
DC Switches are specially designed switches use in the field of photovoltaics. The major players are having a wide range of product series. Due to the growing industrialization in emerging countries. These switches are available with front and bottom mounting. This switch allows devices to open and close the circuit.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.1% |
The global DC switch market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that Japan Manufacturers will contribute the maximum growth to Global DC Switch market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Legrand (France), Siemens (Germany), ABB (Switzerland), Panasonic (Japan), Havells (India), Alps (Japan), Salzer Electronics (India), GE (United States) and Schneider (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global DC Switch market by Type (One Way Dc Switch and Two Way Dc Switch), Application (Commercial, Residential and Industrial) and Region.
On the basis of geography, the market of DC Switch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channels, the sub-segment i.e. Online Sales Channels will boost the DC Switch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Adoption of One Way Switches
Market Growth Drivers:
Increase Industrialization across the Globe, Rising Growth Potential from End-Use Applications and Highly Required For Smaller Applications
Challenges:
Fluctuation in Interest Rates and Foreign Currency Exchange Rates of Raw Materials
Restraints:
High Cost of DC Switch
Opportunities:
Rising Demand of Dc Switch in the Industrial Sector and Major Growth in the Residential and Commercial Sector in Emerging Economies
Market Leaders and their expansionary development strategies
In August 2023, Mellanox Technologies completed its acquisition of Innovium, a provider of high-performance networking adapters and switches. This acquisition will expand Mellanox's product portfolio and give it a stronger presence in the DC switching market.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, DC Switch Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.