로터리 리미트 스위치 시장 : 유형별, 용도별, 최종 용도별, 예측, 2024-2032년

Global Rotary Limit Switches Market will expand at 3% CAGR over 2024-2032, credited to the expansion of the oil and gas industry. According to the IEA, global oil demand is projected to reach 105.7 million barrels per day (mb/d) by 2028, an increase of 5.9 mb/d from 2022 levels. Additionally, global upstream oil and gas investment is expected to rise by approximately 11% in 2023, reaching USD 528 billion, up from USD 474 billion in 2022.

As exploration and production activities expand, there is an increased need for precise and reliable control systems to ensure safety and efficiency in operations. Rotary limit switches provide critical position feedback and control for drilling rigs, valve actuators, and other equipment. This heightened demand for advanced monitoring and control solutions in the oil and gas sector drives the adoption and growth of rotary limit switches.

The overall rotary limit switches market is categorized based on type, application, end-use, and region.

The encoded type segment will amass appreciable gains throughout 2024-2032. The demand for encoded type rotary limit switches is propelled by their ability to provide precise and reliable position feedback in industrial applications. These switches are essential for ensuring accurate control in automation systems, thus enhancing operational efficiency and safety. Industries such as manufacturing, robotics, and material handling benefit from the advanced functionality of encoded rotary limit switches, which offer higher resolution and better performance than traditional switches. Additionally, the growing adoption of Industry 4.0 and smart manufacturing practices drives the need for sophisticated control devices, further boosting the demand for encoded type rotary limit switches.

The construction segment could emerge as a prominent end-user by 2032, favored by the ability of rotary limit switches to enhance the safety and precision of heavy machinery operations. These switches provide accurate position feedback and control for cranes, hoists, and other construction equipment, preventing accidents and improving operational efficiency. The increasing complexity and scale of construction projects demand reliable control systems, and rotary limit switches meet these needs with their robust performance. Additionally, the focus on automation and advanced machinery in the construction industry further drives the integration of rotary limit switches, promoting their widespread adoption.

Europe rotary limit switches industry will garner a decent valuation by 2032 due to the region's strong emphasis on industrial automation and advanced manufacturing technologies. Europe's well-established automotive, aerospace, and machinery sectors require precise control and safety systems, driving the demand for rotary limit switches. Additionally, stringent safety regulations and standards across industries promote the adoption of reliable control solutions. The growing focus on renewable energy projects, such as wind and solar power, also supports the market, as these applications often utilize rotary limit switches for accurate positioning and operational efficiency. These factors collectively contribute to the robust growth of the industry in Europe.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis, 2021 - 2032
• 2.2 Business trends
  • 2.2.1 Total addressable market (TAM), 2024-2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Vendor matrix
• 3.3 Profit margin analysis
• 3.4 Technology & innovation landscape
• 3.5 Patent analysis
• 3.6 Key news and initiatives
• 3.7 Regulatory landscape
• 3.8 Impact forces
  • 3.8.1 Growth drivers
    • 3.8.1.1 Increasing demand for material handling equipment
    • 3.8.1.2 Growth in construction and infrastructure
    • 3.8.1.3 Renewable energy sector growth
    • 3.8.1.4 Expansion of industrial manufacturing
    • 3.8.1.5 Focus on operational efficiency
  • 3.8.2 Industry pitfalls & challenges
    • 3.8.2.1 Cost constraints
    • 3.8.2.2 Technological limitations
• 3.9 Growth potential analysis
• 3.10 Porter's analysis
  • 3.10.1 Supplier power
  • 3.10.2 Buyer power
  • 3.10.3 Threat of new entrants
  • 3.10.4 Threat of substitutes
  • 3.10.5 Industry rivalry
• 3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Type, 2021-2032 (USD Million)

• 5.1 Key trends
• 5.2 Encoded type
• 5.3 Gear type
• 5.4 Others

Chapter 6 Market Estimates & Forecast, By Application, 2021-2032 (USD Million)

• 6.1 Key trends
• 6.2 Hoisting apparatus
• 6.3 Wind turbines
• 6.4 Others

Chapter 7 Market Estimates & Forecast, By End-Use, 2021-2032 (USD Million)

• 7.1 Key trends
• 7.2 Automation
• 7.3 Construction
• 7.4 Industrial
• 7.5 Power generation
• 7.6 Stage technology

Chapter 8 Market Estimates & Forecast, By Region, 2021-2032 (USD Million)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 UK
  • 8.3.2 Germany
  • 8.3.3 France
  • 8.3.4 Italy
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 South Korea
  • 8.4.5 ANZ
  • 8.4.6 Rest of Asia Pacific
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
  • 8.5.3 Rest of Latin America
• 8.6 MEA
  • 8.6.1 UAE
  • 8.6.2 South Africa
  • 8.6.3 Saudi Arabia
  • 8.6.4 Rest of MEA

Chapter 9 Company Profiles

• 9.1 Honeywell International Inc.
• 9.2 Eaton Corporation plc
• 9.3 Siemens AG
• 9.4 Schneider Electric SE
• 9.5 ABB Group
• 9.6 Omron Corporation
• 9.7 SICK AG
• 9.8 Rockwell Automation, Inc.
• 9.9 Baumer Group
• 9.10 Pepperl+Fuchs Group
• 9.11 Bourns, Inc.
• 9.12 HONEYWELL SENSING & CONTROLS
• 9.13 IDEC Corporation
• 9.14 Pizzato Elettrica S.r.l.
• 9.15 Bernstein AG