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Electrical Switches Market

Electrical Switches: Technologies and Global Markets

  • Published Date : 30 Dec 2017
  • BCC Research
  • Category : Energy and Power
  • Pages : 246

Report Scope:

The scope of this market study includes the leading electromechanical switch technologies that are currently in use globally. These technologies are used for several applications, such as consumer appliances, industrial automation and in the transportation, military, energy and power sectors among others, as well as in new emerging sectors driven by technological innovation.

The market analysis provided in this report is based on a variety of data sources. These include the most recent government, industry, company and academic data regarding the projected level of demand for electromechanical switch technologies. Therefore, this report provides a comprehensive review of available data to provide a realistic, robust and accurate assessment of this rapidly evolving market.

BCC Research analyzes each of the leading electromechanical switch technologies, determines their current market status, examines their potential demand and impact on future markets and presents forecasts of growth over the next five years. Estimated market values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation. Technological issues, including the latest trends, are assessed and discussed, as are the current and likely regulatory environments in support of this industry.

BCC Research analyzes the industry on a global basis in terms of its manufacturing and the deployment of its technologies and products. BCC Research examines government roles in support of electromechanical switches technologies globally, including regulatory support, government requirements and promotional incentives for various electromechanical switch technologies as relevant and available. BCC Research provides a review of the most relevant electromechanical switch technologies, discusses recent trends and sales and provides industry overviews and market assessments for leading electromechanical switch technology

Report Includes:

- An overview of the global market for electrical switches and technologies.
- Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
- A breakdown of the market by region, by type, and by applications.
- Definition of electrical switches and description of types of switches.
- Insight into the raw materials suppliers and price analysis of electrical switches.	
Table of Contents
Chapter 1: Introduction - 1
Study Goals and Objectives- 1
Reasons for Doing This Study - 1
Scope of Report - 1
Information Sources - 2
Methodology - 3
Geographic Breakdown - 3
Analyst's Credentials - 8
Related BCC Research Reports- 8
Chapter 2: Summary and Highlights - 10
Chapter 3: Market and Technology Background - 14
Need for Energy Storage - 14
China - 16
India - 16
Hydrogen as an Energy Source and Hydrogen Storage - 17
Hydrogen as an Alternative Fuel - 17
Benefits of Hydrogen as a Fuel - 17
Hydrogen Storage - 17
Evolution of the Hydrogen Storage Market - 18
Various Storage Types - 19
Physical Storage - 19
Material-based Storage - 20
New Developments in the Hydrogen Storage Space - 20
Growing Use of Electrolyzers - 21
Hydrogen-powered Polymer Electrolyte Membrane Fuel Cells - 21
Compact Mobile Hydrogen Carrier - 21
Zero Emission Hydrogen Train - 21
Expansion of Hydrogen Fuel Cell-powered Automobiles - 22
Nanotechnology in Hydrogen Storage - 22
Liquid Organic Hydrogen Carriers (LOHC) - 22
Various Stakeholders in the Hydrogen Storage Materials and Technologies Market - 23
Hydrogen Production, Fuel Cell and Hydrogen Storage Materials and Technology Providers - 24
Manufacturers of Industrial Gases and Related Products - 25
Metal and Advanced Material Manufacturers - 26
Others, including Storage (such as High-pressure Cylinder) Suppliers and Manufacturers - 27
Growth Forecast of the Hydrogen Storage Materials and Technologies Market - 27
Major Market Forces - 29
Government Regulations and Stringent Environmental Standards for Cleaner Fuel - 29
Growing Demand for Transportation Fuels - 30
Increase in Oil Consumption and its Declining Availability - 30
Growing Knowledge of Impact of Crude Oil on Environment - 30
Growing Urbanization and Growth in Disposable Income - 31
Key Strategies in the Hydrogen Storage Materials and Technologies Market - 32
Mergers and Acquisitions - 33
Partnerships at Peer Level - 34
Strategic Alliances, Joint Ventures and Partnerships - 35
Geographic Expansion - 36
Financing and Funding/Investments - 37
Chapter 4: Market Breakdown by Storage Type- 40
Physical Storage - 44
Liquid Hydrogen for Space Exploration - 45
Underground Hydrogen Storage - 46
Chemical or Material-based Storage - 46
Nanoconfinement - 48
Liquid Organic Hydrogen Carriers (LOHC) - 48
Chapter 5: Market Breakdown by End User - 51
Chemical Industry - 54
Oil Refining Industry- 56
Metal Processing Industry - 57
Transportation and Mobility Sector - 59
Chapter 6: Market Breakdown by Application - 63
Stationary Power- 66
Portable Power - 68
Transportation - 69
Chapter 7: Market Breakdown by Region - 74
Asia Pacific - 78
China - 93
Japan - 96
South Korea - 97
Australia - 99
India - 101
North America - 104
The U.S- 118
Canada - 120
Europe - 122
Germany - 136
The U.K. - 139
France - 141
Italy - 142
Middle East and Africa (MEA) - 143
Hydrogen South Africa (HySA)-145
South America -145
Chapter 8: Patent Review, New Development - 148
Chapter 9: Industry Structure - 151
Overview - 151
Competition among Existing Players - 152
Threat of New Entrants - 152
Key Trends in the Global Hydrogen Storage Materials and Technologies Market - 152
Continued Strong Growth of APAC Region - 152
Transportation Segment to Be the Strongest Growing Segment- 153
Continued Partnership between Companies and Research Institutions - 153
New Developments and Innovation in the Market - 153
Entrance of New Companies to Continue - 154
Venture Capital Funding and Investments - 154
Industry Challenges and Concerns - 155
Low Knowledge of Hydrogen Economy and Storage in Certain Regions - 156
High Price of Hydrogen Fuel Cell Cars and Hence Their Limited Acceptance - 156
Hydrogen Storage and Portability Issues - 157
Slow Economic Development - 157
Chapter 10: Company Profiles - 159
About BCC Research - 177
About BCC Research- 178
BCC Membership - 178
BCC Custom Research - 178

	List of Tables
Summary Table Global Market for Hydrogen Storage: Materials and Technologies, by Storage Type,
Through 2021 ($ Millions) - 11
Table 1 Global Net Electricity Generation by Energy Source, 2012-2040 (Trillion Kilowatt Hours/kWh) 15
Table 2 Some Key Companies in the Global Hydrogen Storage Materials and Technologies Market- 23
Table 3 Key Hydrogen Production, Fuel Cell and Hydrogen Storage Materials and Technology Providers
- 25
Table 4 Key Providers of Industrial Gases and Related Products - 26
Table 5 Key Metal and Advanced Material Manufacturers - 26
Table 6 Key Storage Suppliers, Manufacturers and Other Players in the Hydrogen Storage Materials and
Technologies Market - 27
Table 7 Global Market for Hydrogen Storage Materials and Technologies, Through 2021 ($ Millions) - 28
Table 8 Market Drivers and Their Impact on the Global Market for Hydrogen Storage Materials and
Technologies - 31
Table 9 Global Market for Hydrogen Storage Materials and Technologies by Market Drivers and Region
- 32
Table 10 Recent Key Acquisitions in the Hydrogen Storage Materials and Technologies Market - 33
Table 11 Key Partnerships at Peer Level in the Hydrogen Storage Materials and Technologies Market .. 34
Table 12 Key Partnerships among Different Stakeholders in the Hydrogen Storage Materials and
Technologies Market - 35
Table 13 Key Funding and Investment Activity in the Hydrogen Storage Materials and Technologies
Market - 37
Table 14 Global Market for Hydrogen Storage Materials and Technologies, by Storage Type, Through
2021 ($ Millions) - 40
Table 15 Global Market for Physical Storage, Through 2021 ($ Millions/%) - 44
Table 16 Global Market for Chemical or Material-based Storage, Through 2021 ($ Millions/ %) - 47
Table 17 Key Companies in the Chemical or Material-based Storage Space - 48
Table 18 Global Market for Hydrogen Storage Materials and Technologies, by End User, Through 2021
($ Millions) - 52
Table 19 Global Market for Hydrogen Storage Materials and Technologies in the Chemical Industry,
Through 2021 ($ Millions- 55
Table 20 Global Market for Hydrogen Storage Materials and Technologies in Oil Refining, Through 2021
($ Millions/%) - 56
Table 21 Global Market for Hydrogen Storage Materials and Technologies in Metal Processing, Through
2021 ($ Millions/%) - 58
Table 22 Global Market for Hydrogen Storage Materials and Technologies in Transportation and
Mobility, Through 2021 ($ Millions/%) - 59
Table 23 Global Market for Hydrogen Storage Materials and Technologies, by Application, Through 2021
($ Millions) - 63
Table 24 Global Market for Hydrogen Storage Materials and Technologies in Stationary Power, Through
2021 ($ Millions/%) - 67
Table 25 Global Market for Hydrogen Storage Materials and Technologies in Portable Power, Through
2021 ($ Millions/%) - 68
Table 26 Global Market for Hydrogen Storage: Materials and Technologies in Transportation, Through
2021 ($ Millions/%) - 70
Table 27 Application Segments and their Current Growth and Attractiveness in the Global Market for
Hydrogen Storage Materials and Technologies - 72
Table 28 Global Market for Hydrogen Storage Materials and Technologies, by Region, Through 2021
($ Millions) - 74
Table 29 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2015-2021
(%) - 76
Table 30 APAC Market for Hydrogen Storage Materials and Technologies, by Country, Through 2021
($ Millions) - 79
Table 31 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2015-2021
(%) - 80
Table 32 APAC Market for Hydrogen Storage Materials and Technologies, by Storage Type, Through
2021 ($ Millions) - 82
Table 33 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015-
2021 (%) - 83
Table 34 APAC Market for Hydrogen Storage Materials and Technologies, by Application, Through 2021
($ Millions) - 86
Table 35 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2015-
2021 (%) - 87
Table 36 APAC Market for Hydrogen Storage Materials and Technologies, by End User, Through 2021 ($
Millions) - 89
Table 37 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2015-2021
(%) - 90
Table 38 The China Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 93
Table 39 The Japan Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 96
Table 40 The South Korea Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 98
Table 41 The Australia Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 100
Table 42 The India Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 102
Table 43 The North America Market for Hydrogen Storage Materials and Technologies, by Country,
Through 2021 ($ Millions) - 104
Table 44 The North America Market for Hydrogen Storage Materials and Technologies, by Country,
2015-2021 (%) - 105
Table 45 The North America Market for Hydrogen Storage Materials and Technologies, by Storage Type,
Through 2021 ($ Millions) - 108
Table 46 The North America Market for Hydrogen Storage Materials and Technologies, by Storage Type,
2015-2021 (%) - 108
Table 47 The North America Market for Hydrogen Storage Materials and Technologies, by Application,
Through 2021 ($ Millions) - 111
Table 48 The North America Market for Hydrogen Storage Materials and Technologies, by Application,
2015-2021 (%) - 111
Table 49 The North America Market for Hydrogen Storage Materials and Technologies, by End User,
Through 2021 ($ Millions) - 114
Table 50 The North America Market for Hydrogen Storage Materials and Technologies, by End User,
2015-2021 (%) - 116
Table 51 The U.S. Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 118
Table 52 The Canadian Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 121
Table 53 The Europe Market for Hydrogen Storage Materials and Technologies, by Country, Through
2021 ($ Millions) - 123
Table 54 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2015-
2021 (%) - 124
Table 55 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,
Through 2021 ($ Millions) - 126
Table 56 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,
2015-2021 (%) - 127
Table 57 The European Market for Hydrogen Storage Materials and Technologies, by Application,
Through 2021 ($ Millions) - 130
Table 58 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2015-
2021 (%) - 131
Table 59 The European Market for Hydrogen Storage Materials and Technologies, by End User, Through
2021 ($ Millions) - 133
Table 60 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2015-
2021 (%) - 134
Table 61 The German Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 136
Table 62 The U.K. Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 139
Table 63 The French Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 141
Table 64 The Italian Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions/%) - 142
Table 65 The MEA Market for Hydrogen Storage Materials and Technologies, Through 2021 ($ Millions)
- 144
Table 66 The South American Market for Hydrogen Storage Materials and Technologies, Through 2021
($ Millions) - 146
Table 67 Key Funding and Investments in the Global Market for Hydrogen Storage Materials and
Technologies - 154
Table 68 Key Challenges and their Impact on the Global Market for Hydrogen Storage Materials and
Technologies - 157 List of Figures
Summary Figure: Global Market for Hydrogen Storage: Materials and Technologies, by Storage Type,
2015-2021 ($ Millions) - 11
Figure 1 Global Net Electricity Generation by Energy Source, 2012-2040 (Trillion kilowatt hours/kWh)
- 15
Figure 2 Global Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions) - 28
Figure 3 Global Market for Hydrogen Storage Materials and Technologies, by Storage Type, 2015-2021
($ Millions) - 41
Figure 4 Global Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015
(%) - 42
Figure 5 Global Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2016
(%) - 43
Figure 6 Global Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2021
(%) - 43
Figure 7 Global Market for Physical Storage, 2015-2021 ($ Millions/%) - 45
Figure 8 Global Market for Chemical or Material-based Storage, 2015-2021 ($ Millions/%) - 47
Figure 9 Global Market for Hydrogen Storage Materials and Technologies, by End User, 2015-2021 ($
Millions) - 52
Figure 10 Global Market Share for Hydrogen Storage Materials and Technologies, by End User, 2015 (%)
- 53
Figure 11 Global Market Share for Hydrogen Storage Materials and Technologies, by End User, 2016 (%)
- 53
Figure 12 Global Market Share for Hydrogen Storage Materials and Technologies, by End User, 2021 (%)
- 54
Figure 13 Global Market for Hydrogen Storage Materials and Technologies in Chemical Industry, 2015-
2021 ($ Millions/%) - 55
Figure 14 Global Market for Hydrogen Storage Materials and Technologies in Oil Refining, 2015-2021
($ Millions/%) - 57
Figure 15 Global Market for Hydrogen Storage Materials and Technologies in Metal Processing, 2015-
2021 ($ Millions/%) - 58
Figure 16 Global Market for Hydrogen Storage Materials and Technologies in Transportation and
Mobility, 2015-2021 ($ Millions/%) - 61
Figure 17 Global Market for Hydrogen Storage Materials and Technologies, by Application, 2015-2021
($ Millions) - 64
Figure 18 Global Market Share for Hydrogen Storage Materials and Technologies, by Application, 2015
(%) .............................................................................................................................................................. 64
Figure 19 Global Market Share for Hydrogen Storage Materials and Technologies, by Application, 2016
(%) - 65
Figure 20 Global Market Share for Hydrogen Storage Materials and Technologies, by Application, 2021
(%) - 66
Figure 21 Global Market for Hydrogen Storage Materials and Technologies in Stationary Power, 2015-
2021 ($ Millions/%) - 67
Figure 22 Global Market for Hydrogen Storage Materials and Technologies in Portable Power, 2015-
2021 ($ Millions/%) - 69
Figure 23 Global Market for Hydrogen Storage Materials and Technologies in Transportation, 2015-2021
($ Millions/%) - 71
Figure 24 Global Market for Hydrogen Storage Materials and Technologies, by Region, 2015-2021
($ Millions) - 75
Figure 25 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2015 (%)
- 76
Figure 26 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2016 (%)
- 77
Figure 27 Global Market Share for Hydrogen Storage Materials and Technologies, by Region, 2021 (%)
- 77
Figure 28 APAC Market for Hydrogen Storage Materials and Technologies, by Country, 2015-2021
($ Millions) - 79
Figure 29 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2015 (%)
- 81
Figure 30 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2016 (%)
- 81
Figure 31 APAC Market Share for Hydrogen Storage Materials and Technologies, by Country, 2021 (%)
- 82
Figure 32 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015-
2021 ($ Millions) - 83
Figure 33 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2015
(%) - 84
Figure 34 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2016
(%) - 84
Figure 35 APAC Market Share for Hydrogen Storage Materials and Technologies, by Storage Type, 2021
(%) - 85
Figure 36 APAC Market for Hydrogen Storage Materials and Technologies, by Application, 2015-2021
($ Millions) - 86
Figure 37 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2015
(%) - 87
Figure 38 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2016
(%) - 88
Figure 39 APAC Market Share for Hydrogen Storage Materials and Technologies, by Application, 2021
(%) - 88
Figure 40 APAC Market for Hydrogen Storage Materials and Technologies, by End User, 2015-2021
($ Millions) - 90
Figure 41 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2015 (%)
- 91
Figure 42 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2016 (%)
- 92
Figure 43 APAC Market Share for Hydrogen Storage Materials and Technologies, by End User, 2021 (%)
- 92
Figure 44 The China Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)
- 94
Figure 45 The Japan Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 97
Figure 46 The South Korea Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 98
Figure 47 The Australia Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 100
Figure 48 The India Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 102
Figure 49 The North America Market for Hydrogen Storage Materials and Technologies, by Country,
2015-2021 ($ Millions) - 105
Figure 50 The North America Market for Hydrogen Storage Materials and Technologies, by Country,
2015 (%) - 106
Figure 51 The North America Market for Hydrogen Storage Materials and Technologies, by Country,
2016 (%) - 106
Figure 52 The North America Market for Hydrogen Storage Materials and Technologies, by Country,
2021 (%) - 107
Figure 53 The North America Market for Hydrogen Storage Materials and Technologies, by Storage
Type, 2015-2021 ($ Millions) - 108
Figure 54 The North America Market for Hydrogen Storage Materials and Technologies, by Storage
Type, 2015 (%) - 109
Figure 55 The North America Market for Hydrogen Storage Materials and Technologies, by Storage
Type, 2016 (%) - 109
Figure 56 The North America Market for Hydrogen Storage Materials and Technologies, by Storage
Type, 2021 (%) - 110
Figure 57 The North America Market for Hydrogen Storage Materials and Technologies, by Application,
2015-2021 ($ Millions) - 112
Figure 58 The North America Market for Hydrogen Storage Materials and Technologies, by Application,
2015 (%) - 112
Figure 59 The North America Market for Hydrogen Storage Materials and Technologies, by Application,
2016 (%) - 113
Figure 60 The North America Market for Hydrogen Storage Materials and Technologies, by Application,
2021 (%) - 113
Figure 61 The North America Market for Hydrogen Storage Materials and Technologies, by End User,
2015-2021 ($ Millions) - 115
Figure 62 The North America Market for Hydrogen Storage Materials and Technologies, by End User,
2015 (%) - 116
Figure 63 The North America Market for Hydrogen Storage Materials and Technologies, by End User,
2016 (%) - 117
Figure 64 The North America Market for Hydrogen Storage Materials and Technologies, by End User,
2021 (%) - 117
Figure 65 The U.S. Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)
- 120
Figure 66 The Canadian Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 121
Figure 67 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2015-
2021 ($ Millions) - 123
Figure 68 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2015
(%) - 124
Figure 69 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2016
(%) - 125
Figure 70 The European Market for Hydrogen Storage Materials and Technologies, by Country, 2021
(%) - 125
Figure 71 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,
2015-2021 ($ Millions) - 127
Figure 72 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,
2015 (%) - 128
Figure 73 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,
2016 (%) - 128
Figure 74 The European Market for Hydrogen Storage Materials and Technologies, by Storage Type,
2021 (%) - 129
Figure 75 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2015-
2021 ($ Millions) - 130
Figure 76 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2015
(%) - 131
Figure 77 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2016
(%) - 132
Figure 78 The European Market for Hydrogen Storage Materials and Technologies, by Application, 2021
(%) - 132
Figure 79 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2015-
2021 ($ Millions) - 134
Figure 80 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2015
(%) - 135
Figure 81 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2016
(%) - 135
Figure 82 The European Market for Hydrogen Storage Materials and Technologies, by End User, 2021
(%) - 136
Figure 83 The German Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 137
Figure 84 The U.K. Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)
- 140
Figure 85 The French Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 141
Figure 86 The Italian Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions/%) - 143
Figure 87 The MEA Market for Hydrogen Storage Materials and Technologies, 2015-2021 ($ Millions/%)
- 144
Figure 88 The South American Market for Hydrogen Storage Materials and Technologies, 2015-2021
($ Millions) - 146
Figure 89 Patent Filings by Company in Hydrogen Storage: Materials and Technologies - 149

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