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Membrane Switch Market Worth $13.14 Billion by 2025 | CAGR: 12.1%: Grand View Research, Inc.SAN FRANCISCO, April 20, 2017 /PRNewswire/ -- The global membrane switch market is expected to reach USD 13.14 billion by 2025, according to a new report by Grand View Research, Inc. Membrane switch demand is significantly growing worldwide on account of high application scope coupled with increasing consumption in consumer goods application. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) The membrane switch value chain is characterized by manufacturers of membrane switches, suppliers and end-use industries. Growing electronics and semiconductor industries are expected to have a positive impact on the membrane switch market over the forecast period. Molex, Xymox Technologies, Douglas Corporation, Henkel Electronics Materials, and Nelson Miller are major membrane switch manufacturers in the world. Most of the players have manufacturing facilities in Asia Pacific and the products are then exported globally. These companies have dense supplier and distribution networks, owing to which, raw material procurement, manufacturing and selling of the membrane switches becomes cost effective. Key factors responsible for the growth of the electronics industry include a rise in consumption of consumer electronics in the emerging markets of China, India, Taiwan, and Thailand amidst new product developments. Incorporation of innovative technologies, such as nanotechnology, in major manufacturing destinations, such as Japan and China, is expected to drive the electronics market in return bolstering the membrane switch industry. Browse full research report with TOC on "Membrane Switch Market Analysis By Product (Polyester, Polycarbonate), By Application (Industrial, Medical, Consumer Goods) By Region (North America, Europe, Asia Pacific, RoW), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/membrane-switch-market Further key findings from the report suggest:
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Grand View Research has segmented the global membrane switch market on the basis of product, application, and region:
Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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