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(Dallas.CityRegions.Com, August 21, 2018 ) This report presents the worldwide Safety Switch market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
A safety switch is a device that quickly switches off the electricity supply if an electrical fault is detected, to minimise the risk of electricity-related fires, electric shock, injury and death.
Asia Pacific is expected to hold the largest share of the safety switch market during the forecast period. The demand for safety switches in the region is increasing due to the implementation of safety systems in process industries. Companies operating in this region are focused toward occupational safety and automation. Additionally, the stringent safety regulations in the region have propelled the installation of safety systems in hazardous environments.
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The Safety Switch market was valued at 950 Million US$ in 2017 and is projected to reach 1340 Million US$ by 2025, at a CAGR of 4.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Safety Switch.
The following manufacturers are covered in this report: ABB General Electric Rockwell Schneider Electric Siemens Eaton Honeywell Omron Pilz SICK Banner Engineering BERNSTEIN Emerson EUCHNER Fortress Interlocks (Halma PLC) IDEC IDEM Pepperl+Fuchs Schmersal R. Stahl
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Safety Switch Breakdown Data by Type
By Product Type Contact Switch Non-contact Switch
By Safety System Emergency Shutdown Systems High Integrity Pressure Protection Systems Burner Management Systems Fire & Gas Monitoring Systems Turbomachinery Control Systems
Safety Switch Breakdown Data by Application Oil & Gas Energy & Power Chemical Pharmaceutical Food & Beverage Metal & Mining Others
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Some Point from TOC: Chapter One: Study Coverage Chapter Two: Executive Summary Chapter Three: Market Size by Manufacturers Chapter Four: Safety Switch Production by Regions Chapter Five: Safety Switch Consumption by Regions Chapter Six: Market Size by Type Chapter Seven: Market Size by Application Chapter Eight: Manufacturers Profiles Chapter Nine: Production Forecasts ….Continued
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