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Rotary Limit Switch Market Segmented By Actuator Type - Roller Actuated | Rod Actuated | Spring Actuated | Cam Actuated
According to Persistence Market Research, revenue from the global rotary limit switch market totaled US$ 850.4 Mn at the end of 2021. The market is expected to reach US$ 1.51 Bn by the end of 2032, expanding at a CAGR of 5.5%.
A rotary limit switch is a device used in industrial and construction lifting as well as for hoisting equipment to control the specific motion or movement of equipment. A rotary limit switch is activated by rotational or linear movement and uses a PLC or contactor as a power interface to control electric motors in the lifting equipment.
Rotary limit switches are generally used for heavy-duty applications and can achieve high precision. The shaft of a rotary limit switch is connected to a motor. After a pre-determined number of revolutions or angles, the switch operates and starts a movement, which is configured with a set number of revolutions. These switches are highly precise and durable; hence, they are an essential part of heavy-lifting operations.
Worldwide sales of rotary limit switches account for 45% to 50% of the global limit switch market.
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Rotary Limit Switch Market Size (2021A) |
US$ 850.4 Mn |
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Estimated Market Value (2022E) |
US$ 889.9 Mn |
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Projected Market Value (2032F) |
US$ 1.51 Bn |
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Value CAGR (2022-2032) |
5.5% |
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Collective Value Share: Top 3 Countries (2022) |
33.7% |
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From 2017 to 2021, the market for rotary limit switches increased at 2.1% CAGR and is projected to grow at a value of a CAGR of 5.5% from 2022 to 2032. This increase in Y-o-Y growth is because of factors such as rising industrialization, developments in the transportation industry, and growing demand from other end-use industries.
Demand for rotary limit switches has significantly increased as a result of developing automation in industrial sectors, rise in application in metal and mining industries, growing number of assembly lines in the manufacturing industry, and rapidly growing industrialization & digitalization.
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Get a Customized VersionRotary limit switches are critical elements in heavy-duty lifting applications. Due to their automatic operation, these switches reduce labor costs and increase operational efficiency at the site of operations. They are used to control conveyors, work tables, and electrically-operated doors, among others. Due to their unique functional capabilities for various end-use applications, rotary limit switches are expected to exhibit robust demand across industries during the forecast period.
The primary force for market expansion is the increasing dependence on industrial automation. In this era of Industry 4.0, most operations in manufacturing facilities have become easy and simple. In keeping with the general trend, the manufacturing industry is gradually moving away from manual methods and toward automated operation. This pattern is driving the need for rotary limit switches.
Additionally, the growing adoption of assembly lines in the manufacturing industry increases the need for rotary limit switches. Conveyer systems in assembly lines require this type of switch, and the rising demand for conveyor systems in various industrial sectors is resulting in the increasing demand for rotary limit switches in the global market.
Consistent growth in various end-use sectors such as process, material handling, transportation, etc., has also positively influenced the market.
With more development in industrialization and urbanization, there is higher adoption of automation. This industrial automation is creating an opportunity for rotary limit switch manufacturers. Various machines, equipment, and conveyors used in the industry need a rotary limit switch for their operation.
Similarly, the rise in smart city development with infrastructure such as big buildings and malls owing to urbanization is creating opportunities for suppliers of rotary limit switches. Elevators and escalators need rotary limit switches for their operation. Also, automatic doors with sensors need these switches for their functioning. All these factors are positively impacting rotary limit switch demand growth and will open significant growth opportunities for market players.
Demand for rotary limit switches will significantly increase during the projection period for use in hazardous environments such as the oil & gas industry and others that need to limit human contact. Their minimal maintenance requirements and simple installation are key growth factors for the global market. With cutting-edge technologies, such as wireless operation, these products are gaining popularity across end-use sectors.
Opportunities for producers of rotary limit switches are anticipated to rise due to growing demand from material handling, electronics & automated machinery, flammable chemical production, and other manufacturing industries. Thus, the rising scope of limit switches in industrial applications is a prominent factor that will create growth opportunities for rotary limit switch manufacturing companies over the coming years.
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Why is Germany a Crucial Market for Manufacturers of Rotary Limit Switches?
Rotary limit switch demand in Germany is anticipated to grow at 6% CAGR. In the European region, Germany is expected to hold a prominent share of the market.
The main factors influencing the widespread adoption of rotary limit switches in Germany are federal regulations governing the industrial ecosystem, the enormous manufacturing sector in the nation, and the general inclination for cutting-edge technological solutions in manufacturing environments. To position the EU at the forefront of the macro trends that are transforming the global economy, the European Commission has made automation and digitalization in the industrial sector a priority, along with the historic 'green' transformation, and this factor will drive the targeted market in the country.
Why are Sales of Rotary Limit Switches Surging in the U.S.?
The U.S. is one of the most lucrative markets for rotary limit switches in the North American region and is anticipated to expand at 5.6% value CAGR through 2032. The market in the U.S. is projected to create an incremental opportunity of US$ 92.11 Mn by 2032.
A majority of the world's most developed and automated industrial sectors are in the U.S., along with some of the largest manufacturing companies. The country’s developed technology with rapidly developing advanced infrastructure is fuelling the market for rotary limit switches. The U.S. has offered incentives to manufacturers to adopt Industry 4.0, including Quality Jobs Tax Credits and R&D Tax Credits to promote the use of technologies such as robotics, and Qualified Facilities for Refundable Tax Credits to encourage the expansion of manufacturing facilities, including R&D.
Besides, the U.S. remains a prominent market for mining, the process industry, material handling equipment, transportation, and others, owing to which, the country has been one of the leading markets for rotary limit switch suppliers.
Which Technology of Rotary Limit Switches Remains Significant?
Electromechanical switches lead the market by technology and are anticipated to increase at a CAGR of 5.2% through the forecast period.
Electromechanical switches or gear-type switches are favorable for heavy-duty applications such as mining & construction and oil & gas. These switches come with many advantages, including a compact design and no wear parts. Additionally, these switches allow higher operating speeds and can be easily used. Their reliability makes electromechanical switches the most popular in terms of technology.
Which Sector Accounts for the Highest Deployment of Rotary Limit Switches?
The manufacturing industry dominates the global rotary limit switch market by end use and is expected to hold this position until the end of the forecast period, expanding at a CAGR of 5.4%.
The manufacturing sector is expanding on a global scale. Presently, it represents around 16% of the global GDP. The manufacturing sector makes considerable use of rotary limit switches. They are utilized for machinery and worker safety and control devices. Additionally, the manufacturing sector contributes significantly to the industrial sector, and rotary limit switches are widely used in this sector.
As a result of an increase in acquisitions and growth operations over the past few years, the supply chain for rotary limit switches has improved. Significant stakeholders in the market are concentrating on business expansion through partnerships, agreements, and mergers & acquisitions to strengthen their market presence in regional and global markets, as well as new product launches to expand their product portfolios.
Some of the key developments are:
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Attribute |
Details |
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Forecast Period |
2022-2032 |
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Historical Data Available for |
2017-2021 |
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Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
By Technology:
By Application:
By Actuator Type:
By Operation:
By End Use:
By Region:
The global rotary limit switch market is estimated at US$ 889.9 Mn in 2022.
Increasing utilization of rotary limit switches in industrial automation, process industries, and metal and mining industry is driving market expansion.
Sales of rotary limit switches are projected to increase at 5.5% CAGR and be valued at US$ 1.51 Bn by 2032-end.
Honeywell International Inc., Schneider Electric, ABB, Eaton, Siemens, OMRON Corporation, Crouzet, Rockwell Automation, Panasonic, Hubbell, Schmeral, Pizzato Elettrica S.r.l., and Azbil Corporation are prominent suppliers of rotary limit switches.
Germany, China, the U.S., India, and Japan account for most of the demand for rotary limit switches.
The market in Germany is set to expand at 6% CAGR during the forecasted period.
China, the U.S., and Germany are key producers and exporters of rotary limit switches.
China is predicted to hold 4.2% share of the global market by 2032.
