Safety Sensors Market Size Reach US$ 2.6 Billion by 2028, Industry Growth Rate (CAGR) 6.7%

IMARC Group has recently released a new research study titled "Safety Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global safety sensors market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.

Safety sensors refer to monitoring devices that determine the safety of humans and machines. They are automatic and do not require any interference for their operations. They ensure a protective work environment and reduce the wear and tear of machines. They are utilized for punch and press machines, metal surface treatment machines, automated soldering line, automated packing line, perimeter protection, automated storage system, and automated assembly station. Presently, safety sensors are also widely employed in the construction, oil and gas, mining, healthcare, defense, manufacturing, logistics, and food and beverages (F&B) industries across the globe.

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Safety Sensors Market Trends and Drivers:

At present, the rising demand for safety sensors in the manufacturing industry due to the increasing awareness about the safety of workers represents one of the primary factors strengthening the growth of the market. Besides this, the growing incidences of fatalities and injuries in manufacturing areas are offering a positive market outlook.

In addition, governing agencies of various countries are encouraging the adoption of safety sensors, which is propelling the market growth. Moreover, the integration of machinery control systems in the safety sensors that are highly effective in reducing risk is offering a lucrative growth opportunity to industry investors.

Furthermore, technological advancements, such as artificial intelligence (AI) and the internet of things (IoT), in the safety sensors is supporting the growth of the market.

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Global Safety Sensors Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

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
• Others

Breakup by Sensor Type:
• Accelerometers
• Biosensors
• Image Sensors
• Motion Detectors
• Others

Breakup by End User:
• Pharmaceutical
• Food and Beverage
• Automotive
• Others

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 (2017-2022)
• Market Outlook (2023- 2028)
• 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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Image Sensors Market Report: https://www.imarcgroup.com/image-sensors-market

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