PUSHBUTTON SWITCH PRODUCTS WITNESS STRONG GROWTH IN Asia-PACIFIC REGION

VDC: The market for pushbutton switch products within the Asia-Pacific region is projected to reach $592.1 million in 2005 and is expected to grow at a compound annual growth rate (CAGR) of over 3.0% between 2005 and 2008.

• Pushbutton-Illuminated: Illuminated pushbutton switch products will experience high levels of growth during the forecast period of this study. The growth will be highest in the vertical markets listed below, driven by strong demand from global manufacturers for new pushbutton-illuminated switch product technologies. - Appliance/power tool; - Consumer electronics; and - Medical.

• Pushbutton-Tactile: Tactile pushbutton switch products will see the least amount of overall growth of the three pushbutton product categories covered in this study, primarily due to technology refreshes/upgrades. VDC expects that the highest growth will occur within the vertical markets listed below. - Appliance/power tool; - HVAC/Energy management; and - Instrumentation.

• Pushbutton-Other: This pushbutton product category will witness the greatest growth of the three pushbutton products covered in this study. Software applications, sensors and electronic controls are the major factors driving the growth of this electromechanical switch product category. The following vertical markets will experience the greatest growth: - Appliance/power tool; - Consumer electronics; and - Telecommunications.

The market for pushbutton switch products within the Asia-Pacific region Publ 20060209