Jan 18, 2018   SOURCE: BusinessWire

Global Industrial Interlock Switches Market 2018-2022 - Stringent Safety Regulations to Protect Workers in Manufacturing Industries is Driving the Market - ResearchAndMarkets.com

The "Global Industrial Interlock Switches Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global industrial interlock switches market to grow at a CAGR of 5.46% during the period 2018-2022.

The latest trend gaining momentum in the market is emergence of miniaturized interlock switches. Miniaturization of a particular device or equipment in an industry has a multiplying effect on the related device as well. For example, the miniaturization of a control panel also demands the miniaturization of the push buttons and other controls. The miniaturization of the interlock switches has been necessitated by the miniaturization of applications that these switches are used in. The miniaturization of motors and generators, forging machines, and packaging equipment, etc., has induced the trend of miniaturization in the interlock switches market.

According to the report, one of the major drivers for this market is stringent safety regulations to protect workers in manufacturing industries. Safety sensors and switches are used in a broad range of applications in manufacturing processes such as material handling, assembly, conveyor systems, packaging robot cells, and transport systems. The above-mentioned processes are widely prevalent in the food and beverage, heavy machinery, automotive; and chemical industries. The rise in demand for the products of these industries and the improved economic condition in several developing countries are the factors that are expected to lead to new production and manufacturing facilities. The growth of safety devices (such as safety sensors and switches) in the workplace is primarily driven by government regulations. The need to protect employees in industrial settings has spurred the governments in various countries to come up with stringent regulations on machine and personnel safety.

Key Vendors

  • ABB
  • General Electric
  • OMRON
  • Rockwell Automation
  • Schneider Electric
  • Siemens

Other Prominent Vendors

  • Banner Engineering
  • BERNSTEIN
  • Control Products
  • Doorking
  • Eaton
  • EUCHNER
  • GE
  • Halma
  • Honeywell
  • IDEC
  • IDEM Safety Switches Limited
  • KEYENCE
  • Panasonic
  • Pepperl+Fuchs
  • Pinnacle Systems
  • Schmersal
  • SICK
  • TS Industrial
  • UTC

For more information about this report visit https://www.researchandmarkets.com/research/n3gjc2/global_industrial?w=4