Global Limit Switch Market Worth $ 2.8 Billion by 2021

Date: 2018-03-13

A limit switch is an electromechanical device that consists of an actuator mechanically linked to a set of contacts. Limit Switch includes Directly operated Switch, Rolling wheel Switch, Micro-stir Switch and Combined Switch on the base of classification, which represent 18.6%, 31.8%, 25.5% and 21.4% of global Limit Switch market. 

Industrial Machine Tools, Construction Machinery, Household Tools and Transportation (Elevator, Vehicle etc) are the main application of Limit Switch product and Europe is the largest Limit Switch market on production and consumption.

Global Limit Switch market is projected to reach $ 2.8 Billion by 2021, with a GAGR of 5% from 2017, and Asia will have a big dynamic momentum on the market growth. The major players in the global Limit Switch market are Omron, CHINT Electrics, Fuji Electric, Namco, Honeywell, Eaton, Carlo Gavazzi, ABB, Schneider Electric, BERNSTEIN etc.

Read Full Report: http://www.gosreports.com/global-limit-switch-market-research-report-2017/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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