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Safety Connection Devices Market is expected to register a CAGR of 7.23%, during the forecast period of 2018-2023| Key Vendors - ABB LTD., BIHL+WIEDEMANN GMBH, SCHNEIDER ELECTRIC, ROCKWELL AUTOMATION INC., SIEMENS AG, ROCKWELL AUTOMATION INC., HONEYWELL I

01-11-2019 07:46 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

Market Analysis:

The Safety Connection Devices provide reliable and flexible connections between the e-stops; safety interlock switches, safety relays, and cable pull switches. These devices improve the communication between different machineries, while helping to increase personal safety. These devices also ensure safe transmission, and processing of safety-relevant analog & digital data.

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With growing demand for automobiles across the world, companies are pushing towards automated systems, to increase productivity of the existing plants. Thus, with the increase in number of industrial robots & automation, there is a need for interfacing these systems with centralized controllers. The automotive industry is thus deploying safety connection devices, so as to make controllers, and other devices communicate with each other. As safety connection devices offering increased reliability and safety without compromising on the operational efficiency, the industry is moving to safety connection devices.

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Market Segments:
Safety Connection Devices Market is segmented by:
1. Type: Cables and Cords, Connectors, Gateways, Adaptors, Relays, T-couplers, Distribution Box, Others
2. End-user Application: Automotive, Manufacturing, Healthcare, Energy and Power, Others
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• February 2017 - Murrelektronik launched heavy-duty connectors of the Modlink Heavy series to provide secure transmission of signals, energy, data, and pneumatics, even in the roughest of industrial environments

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

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