Nov 1, 2017   SOURCE: BusinessWire

Global Safety Switches Market Report 2017: High Market Demand for Intrinsically Safe Equipments - Research and Markets

The "Global Safety Switches Market - By Types, End Users, Regions and Vendors - Market Trends and Forecasts (2016 - 2021)" report has been added to Research and Markets' offering.

Industrial equipment safety has been going through some major transformation over the past couple of years, with several governments pushing for stricter regulations regarding the workplace safety. The safety switches being manufactured today, fit all the required industrial or global safety standards. These are reliable, stable and can be used at different hazardous locations. Given the unavoidable hazardous areas in core industrial sectors, the need for adopting safe methods or using safe equipment has become a top priority for enterprises operating in these sectors. They are safety devices which monitors movable safety guards such as covers, doors, shafts and others.

Growing demand for intrinsically safe equipment and stringent government regulations towards industrial safety standards are key factors driving the growth of the Global Safety Switches Market which is estimated is grow at a CAGR of 3.8% over the forecast period. Additionally, rising demand from automotive, pharmaceuticals, food & beverage and manufacturing sectors along with robust economic growth in emerging world such as China, India and Brazil (increasing manufacturing plant and production facilities) will further drive the market.

Companies Mentioned:

  • Rockwell Automation
  • Idem
  • Euchner
  • Scientific Technologies Inc.
  • Banner Engineering
  • SICK
  • Eaton
  • Schneider Electric
  • Pilz
  • OMRON Industrial Automation

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Technology Snapshot

6. Global Safety Switches Market Products Market Segmentation, Forecasts and Trends

7. Global Vendor Market Share Analysis

8. Competitive Intelligence - Company Profiles

9. Investment Analysis

10. Future of Global Safety Switches Market

For more information about this report visit https://www.researchandmarkets.com/research/3x99md/global_safety