+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Safety Interlock Switches Global Market Report 2024

  • PDF Icon

    Report

  • 175 Pages
  • July 2024
  • Region: Global
  • The Business Research Company
  • ID: 5980325
The safety interlock switches market size has grown strongly in recent years. It will grow from $0.98 billion in 2023 to $1.04 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to increased automation of industrial processes, demand for cybersecurity and interoperability, demand for advanced safety systems, rise in use of data analytics, usage in smart factories and automation systems.

The safety interlock switches market size is expected to see strong growth in the next few years. It will grow to $1.28 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The anticipated growth in the forecast period can be ascribed to the increasing utilization of industrial safety standards and automation technologies, the growing requirement for safety systems, the demand for Internet of Things (IoT) capabilities, the necessity for real-time data monitoring, and the rising use of interoperable switches. Key trends expected during this period encompass the introduction of advanced industrial automation technologies, the optimization of production costs and pricing strategies, the integration of advanced safety features, innovation in remote diagnostics and predictive maintenance capabilities, and the introduction of compact limit switches.

The growing automation of industrial processes is anticipated to drive the expansion of the safety interlock switch market in the future. Industrial process automation involves the utilization of technology and machinery to carry out tasks traditionally performed by humans in manufacturing and other industrial environments. The increasing demand for industrial process automation stems from the necessity for enhanced efficiency, productivity, and cost-effectiveness in manufacturing and related industries. As industrial processes become more automated, safety interlock switches are integrated to ensure the safety of workers and equipment. For example, in September 2023, a report by the International Federation of Robotics (IFR), a Germany-based non-profit organization, highlighted that there were 553,052 industrial robot installations in industries globally in 2022, indicating a 5% annual growth rate and showcasing the expansion of automation in industrial processes. Consequently, the rise in automation within industrial processes is propelling the growth of the safety interlock switch market.

Key players in the safety interlock switch market are concentrating on introducing advanced electrical options, such as magnetic interlocks, to gain a competitive advantage in the industry. Magnetic interlocks are safety devices that restrict access to hazardous areas or equipment until specific safety conditions are met. They utilize the attracting and repulsive forces of magnets to control the operation of a switch. For instance, in September 2022, Keyence Corporation, a Japan-based electronic company, introduced a safety solution featuring their GS-M series electromagnetic interlock switches for safety fencing and guarding. These switches employ electromagnetic technology, featuring a keyless design with a built-in electromagnet for compactness and ease of locking. Unlike conventional door switches, the GS-M series switches offer advanced features including greater misalignment tolerance and visible indicators to display the door's status. They can be installed on swing or sliding doors, and offer two modes to prevent bypassing or tampering.

In July 2022, Littelfuse Inc., a US-based electronic manufacturing company, acquired C&K Switches (“C&K”) for an undisclosed amount. This acquisition significantly expands Littelfuse's technologies and capabilities, enabling it to provide a more comprehensive solutions offering to its extensive customer base across various vertical end markets. C&K Switches (“C&K”) is a US-based company specializing in electromechanical switches, smart card connectors, sensors, including safety interlock switches.

Major companies operating in the safety interlock switches market are Siemens AG, LG Electronics Inc., Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Eaton Corporation plc, Rockwell Automation Inc., Omron Corporation, Keyence Corporation, Sick AG, JBT Corporation, TECO Electric & Machinery Co. Ltd., IFM Efector Inc., Banner Engineering Corp., TURCK GmbH Co. KG, Pepperl+Fuchs, Balluff GmbH, IDEC Corporation, Pilz GmbH & Co. KG, Schmersal GmbH & Co. KG, Euchner GmbH + Co. KG, OMEGA Engineering Inc., Vention Inc., UV Resources.

North America was the largest region in the safety interlock switches market in 2023. Asia-Pacific is expected to be the fastest growing region in the market. The regions covered in the safety interlock switches market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the safety interlock switches market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Safety interlock switches are devices crafted to ensure the safety of both personnel and equipment within industrial environments. They achieve this by monitoring the status of guarding devices such as gates, doors, or covers, and preventing hazardous machinery from operating when these safeguards are not properly closed or secured. The primary aim of safety interlock switches is to reduce the risk of accidents, injuries, and equipment damage by either cutting off power or signaling a control system to halt machinery operation upon detecting unsafe conditions.

The main types of safety interlock switches include non-contact interlock switches, tongue interlock switches, and others. They employ various actuation methods such as guard or gate switches, rope pull switches, foot switches, keyed switches, two-hand control switches, all of which find applications in machine guarding, conveyor systems, power tools and machinery, robotics and automated systems, industrial doors and gates, material handling equipment, emergency stop systems, medical equipment, and process control systems. These devices cater to a diverse range of end-users including automotive, power generation, pharmaceuticals, and others.

The safety interlock switches market research report is one of a series of new reports that provides safety interlock switches market statistics, including safety interlock switches industry global market size, regional shares, competitors with a safety interlock switches market share, detailed safety interlock switches market segments, market trends and opportunities, and any further data you may need to thrive in the safety interlock switches industry. This safety interlock switches market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The safety interlock switches market consists of sales of guard, rope pull switches, limit switches, and keyed interlock switches. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Safety Interlock Switches Market Characteristics3. Safety Interlock Switches Market Trends and Strategies
4. Safety Interlock Switches Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Safety Interlock Switches Market Size and Growth
5.1. Global Safety Interlock Switches Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Safety Interlock Switches Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Safety Interlock Switches Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Safety Interlock Switches Market Segmentation
6.1. Global Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Non-Contact Interlock Switches
  • Tongue Interlock Switches
  • Other Types
6.2. Global Safety Interlock Switches Market, Segmentation by Actuation Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Guard Or Gate Switches
  • Rope Pull Switches
  • Foot Switches
  • Keyed Switches
  • Two-Hand Control Switches
6.3. Global Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Machine Guarding
  • Conveyor Systems
  • Power Tools and Machinery
  • Robotics and Automated Systems
  • Industrial Doors and Gates
  • Material Handling Equipment
  • Emergency Stop Systems
  • Medical Equipment
  • Process Control Systems
6.4. Global Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automotive
  • Power Generation
  • Pharmaceutical
  • Other End Use Industries
7. Safety Interlock Switches Market Regional and Country Analysis
7.1. Global Safety Interlock Switches Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Safety Interlock Switches Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Safety Interlock Switches Market
8.1. Asia-Pacific Safety Interlock Switches Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Safety Interlock Switches Market
9.1. China Safety Interlock Switches Market Overview
9.2. China Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Safety Interlock Switches Market
10.1. India Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Safety Interlock Switches Market
11.1. Japan Safety Interlock Switches Market Overview
11.2. Japan Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Safety Interlock Switches Market
12.1. Australia Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Safety Interlock Switches Market
13.1. Indonesia Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Safety Interlock Switches Market
14.1. South Korea Safety Interlock Switches Market Overview
14.2. South Korea Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Safety Interlock Switches Market
15.1. Western Europe Safety Interlock Switches Market Overview
15.2. Western Europe Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Safety Interlock Switches Market
16.1. UK Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Safety Interlock Switches Market
17.1. Germany Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Safety Interlock Switches Market
18.1. France Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Safety Interlock Switches Market
19.1. Italy Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Safety Interlock Switches Market
20.1. Spain Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Safety Interlock Switches Market
21.1. Eastern Europe Safety Interlock Switches Market Overview
21.2. Eastern Europe Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Safety Interlock Switches Market
22.1. Russia Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Safety Interlock Switches Market
23.1. North America Safety Interlock Switches Market Overview
23.2. North America Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Safety Interlock Switches Market
24.1. USA Safety Interlock Switches Market Overview
24.2. USA Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Safety Interlock Switches Market
25.1. Canada Safety Interlock Switches Market Overview
25.2. Canada Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Safety Interlock Switches Market
26.1. South America Safety Interlock Switches Market Overview
26.2. South America Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Safety Interlock Switches Market
27.1. Brazil Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Safety Interlock Switches Market
28.1. Middle East Safety Interlock Switches Market Overview
28.2. Middle East Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Safety Interlock Switches Market
29.1. Africa Safety Interlock Switches Market Overview
29.2. Africa Safety Interlock Switches Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Safety Interlock Switches Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Safety Interlock Switches Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Safety Interlock Switches Market Competitive Landscape and Company Profiles
30.1. Safety Interlock Switches Market Competitive Landscape
30.2. Safety Interlock Switches Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. LG Electronics Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Panasonic Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Schneider Electric SE
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Honeywell International Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Safety Interlock Switches Market Other Major and Innovative Companies
31.1. ABB Ltd.
31.2. Eaton Corporation plc
31.3. Rockwell Automation Inc.
31.4. Omron Corporation
31.5. Keyence Corporation
31.6. Sick AG
31.7. JBT Corporation
31.8. TECO Electric & Machinery Co. Ltd.
31.9. IFM Efector Inc.
31.10. Banner Engineering Corp.
31.11. TURCK GmbH Co. KG
31.12. Pepperl+Fuchs
31.13. Balluff GmbH
31.14. IDEC Corporation
31.15. Pilz GmbH & Co. KG
32. Global Safety Interlock Switches Market Competitive Benchmarking33. Global Safety Interlock Switches Market Competitive Dashboard34. Key Mergers and Acquisitions in the Safety Interlock Switches Market
35. Safety Interlock Switches Market Future Outlook and Potential Analysis
35.1 Safety Interlock Switches Market in 2028 - Countries Offering Most New Opportunities
35.2 Safety Interlock Switches Market in 2028 - Segments Offering Most New Opportunities
35.3 Safety Interlock Switches Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Safety Interlock Switches Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on safety interlock switches market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for safety interlock switches ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The safety interlock switches market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) by Type: Non-Contact Interlock Switches; Tongue Interlock Switches; Other Types
2) by Actuation Method: Guard Or Gate Switches; Rope Pull Switches; Foot Switches; Keyed Switches; Two-Hand Control Switches
3) by Application: Machine Guarding, Conveyor Systems; Power Tools and Machinery; Robotics and Automated Systems; Industrial Doors and Gates; Material Handling Equipment; Emergency Stop Systems; Medical Equipment; Process Control Systems
4) by End Use Industry: Automotive; Power Generation; Pharmaceutical; Other End Use Industries

Key Companies Mentioned: Siemens AG; LG Electronics Inc.; Panasonic Corporation; Schneider Electric SE; Honeywell International Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Siemens AG
  • LG Electronics Inc.
  • Panasonic Corporation
  • Schneider Electric SE
  • Honeywell International Inc.
  • ABB Ltd.
  • Eaton Corporation plc
  • Rockwell Automation Inc.
  • Omron Corporation
  • Keyence Corporation
  • Sick AG
  • JBT Corporation
  • TECO Electric & Machinery Co. Ltd.
  • IFM Efector Inc.
  • Banner Engineering Corp.
  • TURCK GmbH Co. KG
  • Pepperl+Fuchs
  • Balluff GmbH
  • IDEC Corporation
  • Pilz GmbH & Co. KG
  • Schmersal GmbH & Co. KG
  • Euchner GmbH + Co. KG
  • OMEGA Engineering Inc.
  • Vention Inc.
  • UV Resources

Table Information