Report Summary
Summary
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.
The global Safety Switch market was 950 million US$ in 2020 and is expected to 1340 million US$ by the end of 2027, growing at a CAGR of 4.4% between 2021 and 2027.
This report studies the Safety Switch market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Safety Switch in these regions, from 2017 to 2027, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Contact Switch
Non-contact Switch
By the end users/application, this report covers the following segments
Oil & Gas
Energy & Power
Chemical
Pharmaceutical
Food & Beverage
Metal & Mining
Others
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Safety Switch market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
To understand the structure of Safety Switch market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Safety Switch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Safety Switch with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Safety Switch submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Safety Switch are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Safety Switch market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Safety Switch market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
1 Safety Switch Market Overview
1.1 Safety Switch Product Overview
1.2 Safety Switch Market Segment by Type
1.2.1 Contact Switch
1.2.2 Non-contact Switch
1.3 Global Safety Switch Market Size by Type
1.3.1 Global Safety Switch Sales and Growth by Type
1.3.2 Global Safety Switch Sales and Market Share by Type (2017-2020)
1.3.3 Global Safety Switch Revenue and Market Share by Type (2017-2020)
1.3.4 Global Safety Switch Price by Type (2017-2020)
2 Global Safety Switch Market Competition by Company
2.1 Global Safety Switch Sales and Market Share by Company (2017-2020)
2.2 Global Safety Switch Revenue and Share by Company (2017-2020)
2.3 Global Safety Switch Price by Company (2017-2020)
2.4 Global Top Players Safety Switch Manufacturing Base Distribution, Sales Area, Product Types
2.5 Safety Switch Market Competitive Situation and Trends
2.5.1 Safety Switch Market Concentration Rate
2.5.2 Global Safety Switch Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Safety Switch Company Profiles and Sales Data
3.1 ABB
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Safety Switch Product Category, Application and Specification
3.1.3 ABB Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.1.4 Main Business Overview
3.2 General Electric
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Safety Switch Product Category, Application and Specification
3.2.3 General Electric Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.2.4 Main Business Overview
3.3 Rockwell
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Safety Switch Product Category, Application and Specification
3.3.3 Rockwell Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.3.4 Main Business Overview
3.4 Schneider Electric
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Safety Switch Product Category, Application and Specification
3.4.3 Schneider Electric Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.4.4 Main Business Overview
3.5 Siemens
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Safety Switch Product Category, Application and Specification
3.5.3 Siemens Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.5.4 Main Business Overview
3.6 Eaton
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Safety Switch Product Category, Application and Specification
3.6.3 Eaton Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.6.4 Main Business Overview
3.7 Honeywell
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 Safety Switch Product Category, Application and Specification
3.7.3 Honeywell Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.7.4 Main Business Overview
3.8 Omron
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 Safety Switch Product Category, Application and Specification
3.8.3 Omron Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.8.4 Main Business Overview
3.9 Pilz
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 Safety Switch Product Category, Application and Specification
3.9.3 Pilz Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.9.4 Main Business Overview
3.10 SICK
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 Safety Switch Product Category, Application and Specification
3.10.3 SICK Safety Switch Sales, Revenue, Price and Gross Margin(2017-2020)
3.10.4 Main Business Overview
3.11 Banner Engineering
3.12 BERNSTEIN
3.13 Emerson
3.14 EUCHNER
3.15 Fortress Interlocks (Halma PLC)
3.16 IDEC
3.17 IDEM
3.18 Pepperl+Fuchs
3.19 Schmersal
3.20 R. Stahl
4 Safety Switch Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Safety Switch Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Safety Switch Sales and Revenue by Regions
4.2.1 Global Safety Switch Sales and Market Share by Regions (2017-2020)
4.2.2 Global Safety Switch Revenue and Market Share by Regions (2017-2020)
4.2.3 Global Safety Switch Sales, Revenue, Price and Gross Margin (2017-2020)
4.3 North America Safety Switch Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Safety Switch Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Safety Switch Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Safety Switch Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Safety Switch Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Safety Switch Application/End Users
5.1 Safety Switch Segment by Application
5.1.1 Oil & Gas
5.1.2 Energy & Power
5.1.3 Chemical
5.1.4 Pharmaceutical
5.1.5 Food & Beverage
5.1.6 Metal & Mining
5.1.7 Others
5.2 Global Safety Switch Product Segment by Application
5.2.1 Global Safety Switch Sales by Application
5.2.2 Global Safety Switch Sales and Market Share by Application (2017-2020)
6 Global Safety Switch Market Forecast
6.1 Global Safety Switch Sales, Revenue Forecast (2021-2027)
6.1.1 Global Safety Switch Sales and Growth Rate Forecast (2021-2027)
6.1.1 Global Safety Switch Revenue and Growth Rate Forecast (2021-2027)
6.2 Global Safety Switch Forecast by Regions
6.2.1 North America Safety Switch Sales and Revenue Forecast (2021-2027)
6.2.2 Europe Safety Switch Sales and Revenue Forecast (2021-2027)
6.2.3 Asia-Pacific Safety Switch Sales and Revenue Forecast (2021-2027)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Safety Switch Sales and Revenue Forecast (2021-2027)
6.2.5 Middle East and Africa Safety Switch Sales and Revenue Forecast (2021-2027)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Safety Switch Forecast by Type
6.3.1 Global Safety Switch Sales and Revenue Forecast by Type (2021-2027)
6.3.2 Contact Switch Gowth Forecast
6.3.3 Non-contact Switch Gowth Forecast
6.4 Safety Switch Forecast by Application
6.4.1 Global Safety Switch Sales Forecast by Application (2021-2027)
6.4.2 Global Safety Switch Forecast in Oil & Gas
6.4.3 Global Safety Switch Forecast in Energy & Power
7 Safety Switch Upstream Raw Materials
7.1 Safety Switch Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Safety Switch Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer