IMARC Group, a leading market research company, has recently releases report titled “Safety Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global safety sensors market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Safety Sensors Market?
The global safety sensors market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.
Safety sensors refer to monitoring devices that determine the safety of humans and machines. They are automatic and do not require any interference for their operations. They ensure a protective work environment and reduce the wear and tear of machines. They are utilized for punch and press machines, metal surface treatment machines, automated soldering line, automated packing line, perimeter protection, automated storage system, and automated assembly station. Presently, safety sensors are also widely employed in the construction, oil and gas, mining, healthcare, defense, manufacturing, logistics, and food and beverages (F&B) industries across the globe.
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What are the growth prospects and trends in the safety sensors industry?
At present, the rising demand for safety sensors in the manufacturing industry due to the increasing awareness about the safety of workers represents one of the primary factors strengthening the growth of the market. Besides this, the growing incidences of fatalities and injuries in manufacturing areas are offering a positive market outlook.
In addition, governing agencies of various countries are encouraging the adoption of safety sensors, which is propelling the market growth. Moreover, the integration of machinery control systems in the safety sensors that are highly effective in reducing risk is offering a lucrative growth opportunity to industry investors.
Furthermore, technological advancements, such as artificial intelligence (AI) and the internet of things (IoT), in the safety sensors is supporting the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Safety Light Curtain
- Safety Laser Scanner
- Safety Mat
- Safety Edge
- Others
Breakup by Sensor Type:
- Accelerometers
- Biosensors
- Image Sensors
- Motion Detectors
- Others
Breakup by End User:
- Pharmaceutical
- Food and Beverage
- Automotive
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
ABB Ltd, Autonics Corporation, Balluff GmbH, Banner Engineering Corporation, Contrinex AG, Keyence Corporation, Leuze electronic GmbH + Co. KG, Omron Corporation, Panasonic Corporation, Pilz GmbH & Co. KG, Rockwell Automation Inc. and Schneider Electric SE.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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