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Stock impact report

Micro Switch Market To Reach USD 1.4 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 20, 2024 (GLOBE NEWSWIRE) -- Rise in adoption of smart home technologies to propel the industry growth The increasing adoption of smart home technologies and the Internet of Things (IoT) represents a notable opportunity for the micro switch market. Micro switches are pivotal in various smart home devices, including smart locks, thermostats, and home automation systems. According to the Consumer Technology Association, approximately 85.5 million U.S. households own at least one smart home device, accounting for 70% of total households. The rising prevalence of smart home devices and the expanding IoT ecosystem are projected to fuel demand for micro switches in the foreseeable future. The increasing adoption of smart home technologies and the Internet of Things (IoT) represents a substantial opportunity for the micro switch market. Micro switches are essential components in various smart home devices, including smart locks, thermostats, and home auto Show less Read more
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