Global Safety Sensors market report offers one of the best solutions to know the trends and opportunities in Semiconductors and Electronics industry. The report contains lot of features to offer for this industry which includes general market conditions, trends, inclinations, key players, opportunities, and geographical analysis. Explicit and state-of-the-art information have been presented in this Safety Sensors report which helps this industry to be knowledgeable about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already present in the market.
This Safety Sensors report offers broader perspective of the market place with its comprehensive market insights and analysis. With this report it becomes easy to establish and optimize each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. This market report offers the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2018-2025. The market report covers company profiling of key players in the market, carefully analyzing their core competencies, and drawing a competitive landscape for the market.
Market Analysis: Global Safety Sensors Market
Global Safety Sensors Market is expected to rise from its initial estimated value of USD 507.98 million in 2018 to an estimated value of USD 662.73 million by 2026, registering a CAGR of 3.38% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing industrialization and adoption of “Industry 4.0”.
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Major Market Competitors/Players: Global Safety Sensors Market
ABB; Rockwell Automation, Inc.; BEI Sensors,; Pinnacle Systems Inc.; Pilz GmbH & Co. KG; Autonics Corporation; nanotron Technologies GmbH; Siemens; Balluff GmbH; ATEK Access Technologies; Pepperl+Fuchs; Schneider Electric; Hans Turck GmbH & Co. KG; Koninklijke Philips N.V.; AMETEK.Inc.; OMRON Corporation; Panasonic Electric Works Europe AG; Littelfuse, Inc.; ifm electronic gmbh; Baumer; K.A. Schmersal GmbH & Co. KG; Shanghai Pubang Sensor Co., Ltd.; KEYENCE CORPORATION; SICK AG; Contrinex AG and Leuze electronic GmbH + Co. KG.
Key Developments in the Market:
In January 2019, nanotron Technologies GmbH and Selectronic Australia Pty Ltd announced the launch of their first jointly produced for use in open-pit mine safety. The “PDS2400 Collision Avoidance Solution (CAS)”. The product uses RF-based technology to detect and avoid close proximity fast moving objects.
In April 2018, SICK AG announced the launch of “3D TIC502 LiDAR” sensor for use in safety and management of traffic in fast-lane roads. These products are designed for highway toll collections, management of traffic, and detection of traffic jams.
In July 2017, Littelfuse, Inc. announced that they had acquired U.S. Sensor Corp. This acquisition will help Littelfuse in expanding its product portfolio and industries serviced.
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Safety Sensors Market Landscape
Part 04: Global Safety Sensors Market Sizing
Part 05: Global Safety Sensors Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Presence of strict regulations posed by the authorities and governments regarding the safety of workers in industrial workspaces and environments; this factor is expected to act as a driver for the market growth
Concerns and protection of organizational interests regarding the protection of human lives and high-cost equipment are factors expected to positively drive the market growth
Installation, implementation and maintenance of these systems are very costly and associated with a number of complications; this factor is expected to act as a restrain to the market growth
Competitive Analysis: Global Safety Sensors Market
Global safety sensors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of safety sensors market for global, Europe, North America, Asia-Pacific and South America.
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Segmentation: Global Safety Sensors Market
Safety Light Curtain, Safety Laser Scanner, Safety Mat, Safety Edge
- Hand Detection Safety Sensor, Single-Beam Safety Sensor
By Product Type
- Capacitive, Hall Effect Sensors, Heat Transfers, Microelectromechanical Systems (MEMS) Sensors
- Methane, Microbial, Biochemical Oxygen Demand (BOD) Sensors
- Complementary Metal Oxide Sensor (CMOS), Charge Coupled Device (CCD) Sensors
By End-Use Industry
Food & Beverage, Automotive, Pharmaceutical, Construction & Mining, Oil & Gas, Defense, Others
North America, South America, Europe, Asia-Pacific, Middle East and Africa
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