Indonesia Electric Switches Market (2020-2026) | Trends, Industry, Segmentation, Share, Analysis, Growth, Size, Revenue, Value, Outlook & COVID-19 IMPACT

Market Forecast By Type (Traditional electrical switch, Smart electrical switch ), By End-Users (Commercial, Residential, Other) And Competitive Landscape

Product Code: ETC018408 Publication Date: Oct 2020 Updated Date: Jun 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Topics Covered in the Indonesia Electric Switches Market

The Indonesia Electric Switches Market report thoroughly covers the market by type and by end users. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest (2023) Development of the Indonesia Electric Switches Market

Indonesia Electric Switches Market has been growing significantly in the country underpinned by the rising adoption of smart electric switches by the population to automate the functionality by controlling it remotely through smartphones. Furthermore, Companies are introducing Innovative ranges of electric switches that offer voice-activated controls and remote access systems, this factor is estimated to burgeon the product demand at a tremendous rate and is further estimated to boost the growth of the  Electric Switches Market in Indonesia. Additionally, the rising electric switch installation in the rapidly growing commercial sector is likely to leave a positive impact on the market expansion. 

Indonesia Electric Switches Market Synopsis

Indonesia Electric Switches Market is witness a considerable growth in the country on account of rising disposable income leading to an increased installation of advanced technology integrated electric switches. Furthermore, the rising investment in R&D practice to widen product profile that cater the diverse need of the customer such as automation and convenience, where smart electric switches demand have increased that facilitate energy management and remote controlling features.

According to 6Wresearch, the Indonesia Electric Switches Market size is estimated to register a sound growth during 2020-2026. The market has been driven by the various growing factors such as rapid urbanization, arise in the demand for smart switches, and rapid infrastructure development of electrical systems. Additionally, the rising government initiatives promoting sustainable environment practice, which drive the demand for energy efficient electric switches to reduce energy consumption, which lead to reduce GHG level is estimated to leave a positive impact on the Indonesia Electric Switches Market growth. Additionally, Rising customer spending on premium quality electrical switches to enhance aesthetic appeal while offering automated functionality like remote controlling feature is one of the factors surging the growth of the market in the country.

COVID-19 Impact on the Indonesia Electric Switches Market

The COVID-19 had a profound influence on the Indonesia Electric Switches Market which is a part of the Asia Pacific electric switches market. With the complete lockdown that caused many preventive measures, such as social distancing and travel restrictions led to decline the availability of product supply in the country. In addition to this, economic slowdown in the country caused by the pandemic had resulted in decline the market shares and revenues.

Key players in the Indonesia Electric Switches Market

Several leading players operating in the country are mentioned below:

  • Schneider Electric
  • Legrand Group
  • Siemens AG
  • Gewiss S.p.A.
  • BTicino (Legrand Group)
  • ABB Ltd

These above mentioned are the top players thriving the market growth with their continuous investment to innovate electric switch ranges.

Market Analysis by Type

Based on the type, both the types are dominating the Indonesia Electric Switches Market shares, driven by the a continuous demand for traditional switches, on the other hand, smart switches are also gaining their popularity due to rising smart building development.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019.
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Indonesia Electric Switches Market Outlook
  • Market Size of Indonesia Electric Switches Market, 2019
  • Forecast of Indonesia Electric Switches Market, 2026
  • Historical Data and Forecast of Indonesia Electric Switches Revenues & Volume for the Period 2016 - 2026
  • Indonesia Electric Switches Market Trend Evolution
  • Indonesia Electric Switches Market Drivers and Challenges
  • Indonesia Electric Switches Price Trends
  • Indonesia Electric Switches Porter's Five Forces
  • Indonesia Electric Switches Industry Life Cycle
  • Historical Data and Forecast of Indonesia Electric Switches Market Revenues & Volume By Type for the Period 2016 - 2026
  • Historical Data and Forecast of Indonesia Electric Switches Market Revenues & Volume By Traditional electrical switch for the Period 2016 - 2026
  • Historical Data and Forecast of Indonesia Electric Switches Market Revenues & Volume By Smart electrical switch? for the Period 2016 - 2026
  • Historical Data and Forecast of Indonesia Electric Switches Market Revenues & Volume By End-Users for the Period 2016 - 2026
  • Historical Data and Forecast of Indonesia Electric Switches Market Revenues & Volume By Commercial for the Period 2016 - 2026
  • Historical Data and Forecast of Indonesia Electric Switches Market Revenues & Volume By Residential for the Period 2016 - 2026
  • Historical Data and Forecast of Indonesia Electric Switches Market Revenues & Volume By Other for the Period 2016 - 2026
  • Indonesia Electric Switches Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-Users
  • Indonesia Electric Switches Top Companies Market Share
  • Indonesia Electric Switches Competitive Benchmarking By Technical and Operational Parameters
  • Indonesia Electric Switches Company Profiles
  • Indonesia Electric Switches Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

  • Traditional Electrical Switch
  • Smart Electrical Switch

By End-Users

  • Commercial
  • Residential
  • Other
Indonesia Electric Switches Market: FAQs
The rising technology advancements into electric switches, integration of smart electrical equipment in homes, and the rising up gradation of electrical systems with more advanced features.
Both traditional electrical switches and smart electrical switches have been witnessing a sound growth in the market, as the rising smart buildings development and rising urge to elevate functionality to attain convenience.
The pandemic caused the restrictions on the trade practices which resulted in drop in the product availability and this had further resulted in major decline in the market shares.
A rising demand for energy efficient electric switches to save energy nd reduce GHG level and the rising demand for electric switches integrated with smart feature that allow remote controlling and convenience with automation.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Indonesia Electric Switches Market Overview

3.1 Indonesia Country Macro Economic Indicators

3.2 Indonesia Electric Switches Market Revenues & Volume, 2019 & 2026F

3.3 Indonesia Electric Switches Market - Industry Life Cycle

3.4 Indonesia Electric Switches Market - Porter's Five Forces

3.5 Indonesia Electric Switches Market Revenues & Volume Share, By Type, 2019 & 2026F

3.6 Indonesia Electric Switches Market Revenues & Volume Share, By End-Users, 2019 & 2026F

4 Indonesia Electric Switches Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Indonesia Electric Switches Market Trends

6 Indonesia Electric Switches Market, By Types

6.1 Indonesia Electric Switches Market, By Type

6.1.1 Overview and Analysis

6.1.2 Indonesia Electric Switches Market Revenues & Volume, By Type, 2016 - 2026F

6.1.3 Indonesia Electric Switches Market Revenues & Volume, By Traditional electrical switch, 2016 - 2026F

6.1.4 Indonesia Electric Switches Market Revenues & Volume, By Smart electrical switch?, 2016 - 2026F

6.2 Indonesia Electric Switches Market, By End-Users

6.2.1 Overview and Analysis

6.2.2 Indonesia Electric Switches Market Revenues & Volume, By Commercial, 2016 - 2026F

6.2.3 Indonesia Electric Switches Market Revenues & Volume, By Residential, 2016 - 2026F

6.2.4 Indonesia Electric Switches Market Revenues & Volume, By Other, 2016 - 2026F

7 Indonesia Electric Switches Market Import-Export Trade Statistics

7.1 Indonesia Electric Switches Market Export to Major Countries

7.2 Indonesia Electric Switches Market Imports from Major Countries

8 Indonesia Electric Switches Market Key Performance Indicators

9 Indonesia Electric Switches Market - Opportunity Assessment

9.1 Indonesia Electric Switches Market Opportunity Assessment, By Type, 2019 & 2026F

9.2 Indonesia Electric Switches Market Opportunity Assessment, By End-Users, 2019 & 2026F

10 Indonesia Electric Switches Market - Competitive Landscape

10.1 Indonesia Electric Switches Market Revenue Share, By Companies, 2019

10.2 Indonesia Electric Switches Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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