DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Industrial Safety Market - Forecasts from 2017 to 2022" report to their offering.
Industrial Safety Market is projected to expand at a compound annual growth rate of 8.13% to reach a total market size of US$5.663 billion by 2022, from US$3.831 billion in 2017.
Industrial Safety Market comprises of sensors, logic solvers, and final control elements to ensure process safety in a plant when predetermined conditions are violated. The growth of the Industrial Safety Market is influenced significantly by government regulations such as EU Machinery Directives and North America's OSHA standards.
Apart from government regulations, technological advancements and increasing demand from developing nations are driving the growth. However, the major limiting factors are the complexity of standards, lack of awareness and the high cost of Industrial Safety products.
Key industry players profiled as part of this section are ABB, Emerson Electric, HIMA Paul Hildebrandt, Schneider Electric, and Siemens among others.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Industrial Safety Market Forecast by Product (US$ billion)
6. Industrial Safety Market Forecast by Component (US$ billion)
7. Industrial Safety Market Forecast by End User Industry (US$ billion)
8. Industrial Safety Market by Geography (US$ billion)
9. Competitive Intelligence
10. Company Profiles
- Yokogawa Electric
- Rockwell Automation
- Honeywell International
- General Electric
- Emerson Electric
- HIMA Paul Hildebrandt
- Schneider Electric
For more information about this report visit https://www.researchandmarkets.com/research/3dzm3r/industrial_safety