Industrial Safety Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Grow

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Industrial Safety Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (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 20212026. • 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 systems. Contact: (+1) 970-2363677 Email: sales@industryarc.com

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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. Safety sensor can be used for worker protection as well as machine protection and it also reduces the possibilities of industrial accidents through presence detection. Contact: (+1) 970-2363677 Email: sales@industryarc.com

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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 Yokogawa Electric Corporation

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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

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You Can Customize the Report as Per Your Need. We have included Some Customization Options:  Company Profile  Analyst Briefing  Data Tables  Key Contacts  Free Customization

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For More Details Contact Venkat Reddy Contact: (+1) 970-236-3677 Email: sales@industryarc.com Connect with us on LinkedIn @ http://www. linkedin.com/company/industryarc

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