Global industrial safety market

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Global industrial safety market by Type (Emergency Shutdown Systems (ESD) Fire & Gas Monitoring Systems, High Integrity Pressure Protection Systems (HIPPS), Burner Management Systems (BMS), Turbomachinery Control (TMC), Others), Component (Safety Sensors, Programmable Safety Systems, Safety Controllers/Module/Relays, Safety Switches, Emergency Stop Devices, Safety Valves, Others), Industry Vertical (Chemicals, Refining, Oil & Gas, Pharmaceutical, Paper & Pulp, Metal & Mining, Water & Wastewater, Energy & Power, Manufacturing, Others), Region - Forecast till 2024

Industrial Safety Market Research Report By

Forecast 2024

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2024

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


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Industrial Safety Market Forecast To 2024

Industrial Safety Market Forecast To 2024

• The growing concern for safety towards labors is expected to surge the global industrial safety

market, states Market Research Future (MRFR). MRFR reveals that the global industrial safety

market is poised to expand with a CAGR of 8.2% over the forecast period (2019–2024). In 2019, the

market valued USD 3,345.3 million. MRFR mentions that the global industrial safety market can

touch a valuation of USD 5,290.1 million by 2024.


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Industrial Safety Market Forecast To 2024

“Taste the market data and market information presented through more than 50 market data tables

and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content

TOC & market synopsis on Industrial Safety Market Forecast To 2024”

• The robust execution of stringent government norms regarding workers safety, across the world, is

expected to impel the industrial safety market growth. The mining, the chemical, the oil and gas,

and the pharmaceutical industries are some of the high end-users of the industrial safety solutions.

The increase in research and developmental activities in these industries is expected to gain

momentum for the Global industrial safety market. Technical advancements such as Internet of

Things (IoT) and Artificial Intelligence (AI) are enhancing the effectiveness of industrial safety

solutions. These upgradations are likely to gain traction for the industrial safety market. The need

for proper maintenance of industrial equipment and machinery is also likely to surge the global

industrial safety market growth.


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Industrial Safety Market Forecast To 2024

Global Industrial Safety Market Segmented on the basis of

The industrial safety market study has been segmented based on type, vertical, and component.

Based on the type, the global industrial safety market has been segmented into fire & gas monitoring

systems, emergency shutdown systems (ESD), high integrity pressure protection systems (HIPPS),

turbomachinery control (TMC), burner management systems (BMS), and others.

Based on the component, the global industrial safety market has been segmented into safety sensors,

safety controllers/module/relays, programmable safety systems, emergency stop devices, safety valves,

safety switches, and others.

Based on the vertical, the global industrial safety market has been segmented into chemicals, refining,

pharmaceutical, oil and gas, metal & mining, paper & pulp, water & wastewater, manufacturing, energy &

power, and others.


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Industrial Safety Market Forecast To 2024

Global Industrial Safety Market - Geographical Analysis

• Based on the region, the industrial safety market has been analyzed across North America, Asia-Pacific, Europe,

and the Rest of the World (RoW).

• North America is anticipated to secure the largest share of the global industrial safety market growth. The

existence of well-established industries in North America and the growing concern regarding the safety of

workers are likely to intensify the growth of the regional market. Robust adoption of industrial safety solutions

is one of the crucial aspects of the fourth industrial revolution, which is anticipated to boost the North

American industrial safety market growth. In the Asia Pacific region, the stringent safety measures taken by the

government is expected to surge the regional industrial safety market growth. Additionally, rapid

industrialization in Asia Pacific region to encourage the industrial safety market growth. The growing need for

availing effective manufacturing solutions to workers in the APAC is anticipated to drive the industrial safety

market growth.

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Industrial Safety Market Forecast To 2024

Global Industrial Safety Market

- Competitive Analysis

• MRFR listed some renowned companies, which are functional in the global industrial safety market. They are;

Johnson Controls (Ireland), TUSKER INDUSTRIAL SAFETY (UK), DuPont (US), Eaton PLC (Ireland), 3M (US), Ceasefire

(India), Panduit (US), GENERAL ELECTRIC (US), W.W. Grainger, Inc. (US), Yokogawa Electric Corp. (Japan), Proserv

Ingenious Simplicity (UK), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Euchner (Germany),

Honeywell International, Inc. (US), Emerson Electric Co. (US), Balluff (US), Hima Paul Hildebrandt GmbH (US),

Fortress Interlocks (UK), ABB Ltd (Switzerland), Omron Corporation (Japan), and Siemens AG (Germany),

• Browse Report @ https://www.marketresearchfuture.com/reports/industrial-safety-market-7965


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