Global Safety Sensors Market, By Type (Safety Light Curtain, Safety Laser Scanner, Safety Mat, Safety Edge, Others), Sensor Type (Accelerometers, Biosensors, Image Sensors, Motion Detectors), Application (Punch and Press Machines, Shearing Machines, Metal Surface Treatment Machines, Automated Soldering Line, Automated Packing Line, Automated Stanping Line, Perimeter Protection, Automated Storage System, Automated Assembly Station), End User (Construction, Oil and Gas, Mining, Healthcare, Defense, Manufacturing, Logistics, Food and Beverages, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Safety Sensors Market Analysis and Insights
Safety sensors market size is valued at USD 715.15 million by 2028 is expected to grow at a compound annual growth rate of 3.88% in the forecast period of 2021 to 2028. Data Bridge Market Research report on safety sensors provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Safety sensors are the type of monitoring devices that are used largely in manufacturing and industries where the equipments being worked with are of high cost and complicated nature, and need a level of reassurance in safety for the worker. These safety sensors are automatic and so require no user interference for their operations.
The growing awareness for the safety of workers in the manufacturing industry has been directly influencing the growth of safety sensors market over the forecast period of 2021 to 2028. Also the strict government regulation for safety at the workplace is also flourishing the growth of the safety sensors market. In addition, the rapid technological advancements across all the sectors are creating a demand for automation as well as growing concerns and protection of organizational interests about the protection of human lives and high-cost equipment are also positively impacting the growth of the market. Furthermore, the rising emphasis on safeguarding factories, due to rising fatalities and injuries in manufacturing as well as the increasing demand for safety systems are also largely lifting the growth of the safety sensors market.
However, the high installation charge for safety sensors and dearth of awareness regarding importance of machine safety are acting as the major limitations for the growth of safety sensors market in the forecast period of 2021 to 2028, whereas the safety sensors are automatic in nature and can break down by giving false indications which have the potential to challenge the growth of the safety sensors market.
Likewise, the increasing acceptance of workplace safety standards in emerging economies along with high demand for automation will further cater ample new opportunities that will lead to the growth of the safety sensors market in the above mentioned forecasted period.
This safety sensors market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on safety sensors market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Safety Sensors Market Scope and Market Size
Safety sensors market is segmented on the basis of type, sensor type, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The type segment of the safety sensors market is segmented into safety light curtain, safety laser scanner, safety mat, safety edge and others. Others have further been segmented into hand detection safety sensor and single-beam safety sensor.
- On the basis of sensor type, the safety sensors market is segmented into accelerometer sensors, biosensors, image sensors and motion detectors. Accelerometers have further been segmented into capacitive, hall effect sensors, heat transfers and microelectromechanical systems (MEMS) sensors. Biosensors have further been segmented into methane, microbial and biochemical oxygen demand (BOD) sensors. Image sensors have further been segmented into complementary metal oxide image sensor (CMOS) and charge coupled device (CCD) sensors.
- Based on application, the safety sensors market is segmented into punch and press machines, shearing machines, metal surface treatment machines, automated soldering line, automated packing line, automated stanping line, perimeter protection, automated storage system and automated assembly station.
- Safety sensors market is also segmented on the basis of end user into construction, oil and gas, mining, healthcare, defense, manufacturing, logistics, food and beverages and others.
Safety Sensors Market Country Level Analysis
Safety sensors market is analyzed and market size, volume information is provided by country, type, sensor type, application and end user as referenced above.
The countries covered in the safety sensors market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the safety sensors market due to the rising number of regulations from various regulatory agencies along with growing number of workplace accidents and industrial safety regulations in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to strict safety regulations applied by governments in various countries and strong presence of manufacturing industries in the region.
The country section of the safety sensors market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Safety Sensors Market Share Analysis
Safety sensors market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to safety sensors market.
The major players covered in the safety sensors market report are ABB, Rockwell Automation, Inc., Sensata Technologies, Inc., Pinnacle Systems Inc., Pilz GmbH & Co. KG, Autonics Corporation, nanotron Technologies GmbH, Siemens, Balluff Automation India Pvt. Ltd., ATEK Access Technologies, Pepperl+Fuchs, Schneider Electric, Hans Turck GmbH & Co. KG, Koninklijke Philips N.V., OMRON Corporation, Panasonic Industry Europe GmbH, Littelfuse, Inc., ifm electronic gmbh, Baumer, SICK AG and Contrinex among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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