Market Overview:

The global membrane switch market reached a value of US$ 6.78 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.35 Billion by 2027, exhibiting a CAGR of 8.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A membrane switch is a human-machine interface (HMI) that allows an operator to communicate with machinery, equipment, or instrumentation. It comprises graphic overlay, overlay adhesive, circuit spacer, and rear adhesive, rigid support, and top and lower circuit layers. It is cost-efficient and offers several benefits, such as a thin and compact profile, simple construction, reliability, and resistance against harmful elements. As a result, it finds extensive applications in the industrial, medical, residential, and non-residential sectors across the globe.

Membrane Switch Market Trends:

The growing awareness among individuals about the benefits of membrane switch keypads, such as more comfort, easy maintenance and better protection against hostile conditions, over mechanical keypads represent one of the key factors driving the market. Moreover, there is a rise in the utilization of membrane switches in electrical devices to control the circuit. This, along with the increasing sales of consumer electronics like washing machines, TV remote controls, and air conditioners around the world, is propelling the growth of the market. In addition, the growing employment of custom membrane switches, such as ultraviolet (UV) or water-resistant variants, in the agriculture industry to increase food production is positively influencing the market. Besides this, there is a rise in the demand for membrane switches in medical appliances, such as self-serve kiosks, hospital equipment, handheld devices, monitors, and lab equipment. This, coupled with the increasing utilization of these switches in control panels to protect the equipment against electrostatic discharge in various industries, is bolstering the market growth. Other factors projected to impel the growth of the market in the upcoming years include rising research and development (R&D) activities and rapid industrialization.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global membrane switch market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, product and application.

Breakup by Type:

• Tactile
• Non-Tactile
• Mixed-Panels
• PCB Backed
   

Breakup by Product:

• Polyester
• Polycarbonate
• Others
   

Breakup by Application:

• Industrial
• Medical
• Consumer Goods
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being APEM SAS (IDEC Corporation), Butler Technologies Inc., Cixi Membrane Switch Factory, Design Mark Industries, Dyna-Graphics Corporation, Epec LLC, Fujikura Ltd., Henkel AG & Co. KGaA, Lustre-Cal LLC, Molex LLC (Koch Industries Inc.), Nelson Miller Inc. and Xymox Technologies Inc.

Report Coverage: