The Global Hazard control Market size is expected to grow at an annual average of 4.93% during 2021-2027. The hazards arising in the workplace can be controlled in a number of ways, depending on the type and application needs. Adopting a combination of methods has proven to be more effective, affecting the growth of the risk control market. In emerging economies such as China and India, the rapid growth of the industrial sector has led to a surge in demand for risk control systems in recent years.
A full report of Hazard control Market available at: https://www.orionmarketreports.com/hazard-control-market/45155/
The leading players in the hazard control market include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Rockwell Automation (US), Eaton (Ireland), and Emerson Electric (US). New product launches was the strategy most commonly adopted by top players, constituting 54% of the total developments, from 2014 to June 2017. It was followed by contracts & agreements, mergers & acquisitions, and expansions.
Hazard control Market – Segmentation
By Protection Type
• Fireproof/Explosion Proof
• Intrinsic Safety
• Others
By Product
• Motors
• Servo Valves
• Sensors and Actuators
• Drives
• Others
By Industry
• Oil & Gas
• Metals and Mining
• Chemicals and Pharmaceuticals
• Mills (Flour and Grain)
• Packaging
• Aerospace and Defense
• Others
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