Title: Industrial Safety Market
1Industrial Safety MarketMarket 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.
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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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Industrial Safety Market Segment Analysis by
Component 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.
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- Industrial Safety Market-Outlook
- Royal Dutch Shell PLC,
- Aker Solutions ASA,
- Fluor Corporation,
- Mitsubishi Heavy Industries Ltd,
- Halliburton Company
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Industrial Safety Market-Forecast(202
1 - 2026) Learn More About
the Report _at_ https//www.industryarc.com/Research/
Industrial-Safety-Market-Research-505461
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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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505461
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