Global Safety Switches Market: Market Research by Knowledge Sourcing Intelligence


Safety Switches Market to Gain Due to the High demand from Industries


Safety Switches are devices used to monitor or guard doors so as to protect both people and machines. Rising security concerns across the industrial and residential area are one of the main driving factors that are driving the Safety Switches market growth. The market is expected to grow at a fast pace owing to the growing adoption of automation in the hazardous industrial environment, stringent government regulations related to the safety of the equipment. Increasing the adoption of non-contact switches across various industries will further boost the market’s growth. The surveys conducted by Knowledge Sourcing Intelligence shows that the key players in the market are OMRON Corporation, General Electric, Schneider Electric, ABB, SICK AG, Panasonic Corporation, Honeywell International Inc., Rockwell Automation, Inc., Siemens AG and IDEC Corporation.


Market Segmentation

The safety switches market has been segmented based on type, application, end-users, and geography. By the type of switch, the Safety Switches market has been segmented into non-locking safety switches, locking safety switches, and non-contact safety interlock switches. The non-contact safety interlock switches account for a significant safety switches market share owing to its compactness and the non-contact way to interlock doors, guards, gates and etc. These switches are suitable in areas where a high level of protection against tampering is required, machine doors subject to heavy vibration, precise door guide not possible and in wet, dusty and oily environments.
By application, the safety switches market has been broadly segmented into light-duty applications and heavy-duty applications. Heavy-duty safety switches hold a significant share in the market as they are used for commercial and industrial applications where safety, high performance, and continuity of service are essential. These switches provide increased safety with the whole range of fusible and non-fusible safety switches and are easy to install and easy to maintain.
By end-users, the Safety Switches market has been broadly segmented into industrial, commercial and residential. Safety Switches are increasingly used in industries such as manufacturing, industrial automation, healthcare, oil & gas and etc. so as to ensure the safety of people and equipment at the place. Manufacturing, Automation, and Oil & Gas utilizes high-performance heavy switches so as to ensure the safety and continuity of machinery.
Geographically, the Safety Switches market has been segmented into North America, Europe, Middle East & Africa, Asia-Pacific and South America region. The safety switches market analysis shows that the Asia Pacific region is expected to grow at a fast pace over the forecast period owing to the increasing use of complex machinery so as to meet the rising demand for various products. Moreover, the burgeoning automation industry, rapid urbanization and expanding manufacturing activities will drive the safety door switch market’s growth in the region.

Key questions answered in the report:
·    What has been the performance of Safety Switches Market and how it will perform in the future?
·         What are the key players in the target market study?
·         What are the various segments on which the market research is conducted?
·         What are the driving factors that are leading to the growth of the market?
·         What are the recent developments happening in the industry?

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