Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global TRAVEL SWITCHES market in this environment.
In terms of revenue, this research report indicated that the global TRAVEL SWITCHES market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of TRAVEL SWITCHES industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Schneider Electric aims at producing XX TRAVEL SWITCHES in 2020, with XX % production to take place in global market, Stryker accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of TRAVEL SWITCHES Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in TRAVEL SWITCHES Market?
Schneider Electric
Stryker
Linemaster
Marquardt
Siemens
Steute Schaltgerate
Honeywell
ABB
Schmersal
Eaton
OMRON
Herga Technology
SUNS International
TER(Tecno Elettrica Ravasi)
LG
Microprecision
DELIXI
...
Major Type of TRAVEL SWITCHES Covered in XYZResearch report:
Compact/Precision Travel Switches
Hazardous Location Travel Switches
Heavy-Duty Travel Switches
Application Segments Covered in XYZResearch Market
Electrical Device
Home Appliance
Industrial Equipment
Assembly Line
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global TRAVEL SWITCHES Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Compact/Precision Travel Switches -Product Introduction and Major Manufacturers
1.1.2 Hazardous Location Travel Switches -Product Introduction and Major Manufacturers
1.1.3 Heavy-Duty Travel Switches -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global TRAVEL SWITCHES Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China TRAVEL SWITCHES Market
3.1.1 Top Companies leading TRAVEL SWITCHES Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China TRAVEL SWITCHES Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU TRAVEL SWITCHES Market
3.2.1 Top Companies leading TRAVEL SWITCHES Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU TRAVEL SWITCHES Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA TRAVEL SWITCHES Market
3.3.1 Top Companies leading TRAVEL SWITCHES Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA TRAVEL SWITCHES Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan TRAVEL SWITCHES Market
3.4.1 Top Companies leading TRAVEL SWITCHES Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan TRAVEL SWITCHES Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India TRAVEL SWITCHES Market
3.5.1 Top Companies leading TRAVEL SWITCHES Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India TRAVEL SWITCHES Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia TRAVEL SWITCHES Market
3.6.1 Top Companies leading TRAVEL SWITCHES Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia TRAVEL SWITCHES Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America TRAVEL SWITCHES Market
3.7.1 Top Companies leading TRAVEL SWITCHES Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America TRAVEL SWITCHES Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 TRAVEL SWITCHES Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on TRAVEL SWITCHES Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global TRAVEL SWITCHES Sales and Growth Rate (2021-2026)
5.2 Global TRAVEL SWITCHES Sales Value and Growth Rate (2021-2026)
6 TRAVEL SWITCHES Competitive Analysis
6.1 Schneider Electric
6.1.1 Schneider Electric Company Profiles
6.1.2 Schneider Electric Product Introduction
6.1.3 Schneider Electric TRAVEL SWITCHES Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Stryker
6.2.1 Stryker Company Profiles
6.2.2 Stryker Product Introduction
6.2.3 Stryker TRAVEL SWITCHES Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Linemaster
6.3.1 Linemaster Company Profiles
6.3.2 Linemaster Product Introduction
6.3.3 Linemaster TRAVEL SWITCHES Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Marquardt
6.4.1 Marquardt Company Profiles
6.4.2 Marquardt Product Introduction
6.4.3 Marquardt TRAVEL SWITCHES Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Siemens
6.5.1 Siemens Company Profiles
6.5.2 Siemens Product Introduction
6.5.3 Siemens TRAVEL SWITCHES Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Steute Schaltgerate
6.6.1 Steute Schaltgerate Company Profiles
6.6.2 Steute Schaltgerate Product Introduction
6.6.3 Steute Schaltgerate TRAVEL SWITCHES Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Honeywell
6.7.1 Honeywell Company Profiles
6.7.2 Honeywell Product Introduction
6.7.3 Honeywell TRAVEL SWITCHES Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 ABB
6.8.1 ABB Company Profiles
6.8.2 ABB Product Introduction
6.8.3 ABB TRAVEL SWITCHES Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Schmersal
6.9.1 Schmersal Company Profiles
6.9.2 Schmersal Product Introduction
6.9.3 Schmersal TRAVEL SWITCHES Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Eaton
6.10.1 Eaton Company Profiles
6.10.2 Eaton Product Introduction
6.10.3 Eaton TRAVEL SWITCHES Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 OMRON
6.12 Herga Technology
6.13 SUNS International
6.14 TER(Tecno Elettrica Ravasi)
6.15 LG
6.16 Microprecision
6.17 DELIXI
7 Conclusion
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