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Emergency Stop Devices Market Competitors Analysis and Forecast to 2026: Schneider Electric, Rockwell Automation, Siemens, Parmley Graham, ABB, KEYENCE CORPORATION, Laird Connectivity, Honeywell, OMRON Group, SICK, Mitsubishi Electric
Emergency Stop Devices Market analyzes the movements or actions of major market players and brands, ranging from product development, product launch, acquisitions, mergers, joint ventures and future products to technology. Reflecting on the competitive landscape is another important aspect of this market report. Target-driven report generation, quality loyalty and transparency in the research method are just a few of the features that can be confidently adopted with this market report. The market research report from Emergency Stop Devices Market will help companies achieve long-term accomplishments in terms of better decision-making, revenue generation, market goals and profitable business. The market research report of Emergency Stop Devices Market also offers companies with a business profile, product specifications, production value, manufacturer contact information and market shares of the company. It also combines all-inclusive industry analysis with specific estimates and forecasts to provide maximum clarity for strategic decision-making with comprehensive research solutions.Download Exclusive PDF Sample Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-emergency-stop-devices-market
Global Machine Safety Market of which Global Emergency Stop Devices Market is a part of is set to rise from its initial estimated value of USD 4.41 billion in 2018 to an estimated value of USD 6.89 billion by 2026, registering a CAGR of 5.75% in the forecast period of 2019-2026.
Global emergency stop devices market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to global automation and autonomous nature of factories.
Few of the major competitors present in the market are:
• Schneider Electric
• Rockwell Automation, Inc.
• Bihl+Wiedemann GmbH
• Belden Inc.
• Murrelektronik GmbH
• Siemens
• Parmley Graham Ltd
• Weidmüller Interface GmbH & Co. KG
• ABB
• KEYENCE CORPORATION
• Pepperl+Fuchs
• Laird
• Honeywell International Inc.
• OMRON Corporation
• SICK AG
• Mitsubishi Electric Corporation
Key Developments in the Market:
• In September 2017, OMRON Corporation announced that they will launch factory automated devices and equipments that are designed on the same platform and pre-specified product specifications. These devices include various sensors, switches and various other devices and equipments.
• In September 2017, Laird announced the launch of wireless emergency stop device, “Safe-E-Stop”. This device enables the user or wearer of the device to stop the equipment or machinery with the push of a button attached to their uniform instead of being in close proximity to the button embedded into the machinery itself.
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Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved
Segmentation: Global Emergency Stop Devices Market
By Components
• Buttons
Push Buttons
Rope (Cable) Pull Buttons
• Cables & Cords
• Adaptors
• Distribution Box
• Relays
• Gateways
• T-Couplers
• Distribution Box
• Others
By Implementation
• Embedded Components
• Individual Components
By Application
• Robotics
• Metal Working
• Assembly
• Packaging
• Material Handling
• Others
By Industry
• Chemicals
• Semiconductors & Electronics
• Oil & Gas
• Energy & Power
• Healthcare
• Automotive
• Aerospace
• Food & Beverages
• Others
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
Market Definition: Global Emergency Stop Devices Market
Emergency stop devices can be defined as a piece of equipment that is integrated with machines or equipments in factories and industries to put an immediate stop to its operations in an emergency. These devices are used for halting the working of machinery if the life of a worker is in danger, or if the machines are in danger of being harmed or even if the products being produced are not of designated quality.
Market Driver:
• Increasing incidences of industrial accidents requiring precautions and steps for the protection and safety of workers; this factor is expected to act as a driver for the market growth
Market Restraint:
• Lack of awareness regarding the benefits and avoidance to implement the devices due to their additional costs in the operations of the business; this factor is expected to act as a restraint to the market growth
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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