Title: Industrial Safety Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Industrial Safety Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Industrial Safety Market size was valued at 3.2
billion in 2020 and it is estimated to grow at a
CAGR of 8.56 during the period 2021-2026. - Strict safety mandates and regulations coupled
with high requirements for reliable safety
equipments such as Presence Sensing Sensors,
Emergency Stop Devices, Safety Switches, Final
Control Element, Electrical safety gloves and
others across industries, drives the growth of
Industrial safety market. Apart from that, rapid
industrialization in the developing countries,
creates a huge requirement for safety tools at
both personal and organizational levels, which in
turn, drives the adoption rate of the industrial
safety
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- Key Takeaways
- APAC is anticipated to register fastest growth
during the forecast period 2021-2026, owing to
rapid industrialization in emerging economies of
this region, high investment in various
industries and others. - Growing initiatives for industrial safety and
rapid industrialization in developing countries
are few of the main driving factors of the
market. - The market is consolidated with top market
players including Abb Ltd, Emerson Electric Co,
General Electric Company, Rockwell Automation,
Inc., Honeywell International, Inc., Siemens AG
and others.
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By Distribution Channel- Segment Analysis By
component, this market is segmented into Safety
Sensor, Programmable Safety System, Emergency
Stop Device, Electrical safety gloves, Final
Control Element, sound level meters, Safety
Controllers/Module/Relays, Process Safety
Systems, noise dosimeters, noise monitors and
Others. Safety sensors held a significant amount
of market share around 23.5 in 2020 owing to the
strict safety mandates and rising accidents in
industrial sectors which in turn increases the
investment in safety measure.
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- Industrial Safety Market Industry Outlook
- ABB Ltd, Emerson Electric Co
- General Electric Company
- Rockwell Automation, Inc
- Honeywell International, Inc
- Siemens AG
- Schneider Electric SE
- Omron Corporation
- Hima Paul Hildebrandt Gmbh
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Industrial Safety Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 2021 - 2026 Learn More About
the Report _at_ https//www.industryarc.com/Resear
ch/Industrial-Safety-Market-Research-505461
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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