The global industrial safety market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Industrial safety is the management of all operations and events inside the industry for the protection of its employees and assets by diminishing risks, accidents, hazards, and near misses. Governments across the globe monitor industrial safety through various laws and policies. The major factor driving the growth of the global industrial safety market during the forecast period is the increasing concerns for the safety of workers in the industry as well the machines across the globe.
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Furthermore, the growth of the market can also be attributed to the increasingly stringent government regulations across the globe. Additionally, the penetration of digital technologies across businesses globally as well as the increasing prevalence of IoT across several industries is offering lucrative growth opportunities for the market players which in turn is driving the growth of the market during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Industrial Safety Market Report by Segment
By Type
- Machine Safety
- Worker Safety
By Component
- Presence Sensing Safety Sensors
- Safety Controllers/ Modules/ Relays
- Programmable Safety Systems
- Safety Interlock Switches
- Emergency Stop Controls
- Two-Hand Safety Controls
- Others
By Industry
- Oil & Gas
- Energy & Power
- Chemicals
- Food & Beverages
- Aerospace & Defense
- Automotive
- Others
Global Industrial Safety Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Industrial Safety market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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