According to the latest report by IMARC Group, titled “Global Safety Sensors Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global safety sensors market reached a value of US$ 1.63 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.5 Billion by 2027 exhibiting a CAGR of 7.10% during 2022-2027.
Safety sensors are devices used in machines and other industrial applications to prevent workplace accidents. These sensors analyze physical input such as light, heat, motion, moisture, or pressure and respond by producing an output on display or transmitting the information in electronic form for further processing. They are high-quality, reliable, and cost-effective solutions for safeguarding equipment and preventing personal injuries. Owing to these properties, safety sensors are widely used across engineering, manufacturing, food processing, medical, oil, gas, and mining industries.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Safety Sensors Market Trends and Drivers:
The market is primarily driven by the rising awareness regarding the safety of workers in the manufacturing industry. In addition, the stringent safety regulations imposed by governments of several countries to ensure safety at the workplace represents another major growth-inducing factor.
Besides this, manufacturers are integrating mechanical systems with automated processes to enable effortless monitoring, waste reduction, and enhanced production speed. This, coupled with the increasing utilization of advanced systems with radio frequency identification (RFID) to provide accurate safety features, is positively influencing the market growth.
Furthermore, the increasing demand for diagnostic light-emitting diodes (LEDs), the introduction of innovative product variants, and the growing production of autonomous vehicles for a safer and better driving experience are some of the other factors creating a favorable market outlook across the globe.
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Global Safety Sensors Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis of region, type, sensor type and end user.
Breakup by Type:
- Safety Light Curtain
- Safety Laser Scanner
- Safety Mat
- Safety Edge
Breakup by Sensor Type:
- Image Sensors
- Motion Detectors
Breakup by End User:
- Food and Beverage
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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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