Market research

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 switch...