Thursday 22 February 2018

Industrial Safety Market is Expected to Reach US$5.663 billion by 2022

Report Sellers has added a new market research report “Industrial Safety Market-Forecasts From 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, Industrial Safety Market is projected to expand at a compound annual growth rate of 8.13% to reach a total market size of US$5.663 billion by 2022, from US$3.831 billion in 2017. Industrial Safety Market comprises of sensors, logic solvers, and final control elements to ensure process safety in a plant when predetermined conditions are violated. The growth of the Industrial Safety Market is influenced significantly by government regulations such as EU Machinery Directives and North America’s OSHA standards. Apart from government regulations, technological advancements and increasing demand from developing nations are driving the growth. However, the major limiting factors are the complexity of standards, lack of awareness and the high cost of Industrial Safety products.

Browse through the complete description and in-depth TOC on “Industrial Safety Market”
https://www.reportsellers.com/market-research-report/Industrial-Safety-Market---Forecasts-from-2017-to-2022

Report Scope

Industrial Safety Market has been segmented on the basis of, Product, Component and end user industry. Under Product; Fire and Gas Monitoring and Control, Burner Management Systems (BMS), Turbomachinery Control (TMC), High Integrity Pressure Protection Systems (HIPPS) and Emergency Shutdown Systems (ESD) have been covered. By end user industry, the market is segmented into oil and gas, healthcare, mining manufacturing, power generation, paper and pulp, energy and power, chemicals among others.

By component industrial safety market has been segmented into sensors, safety controllers/module/relays, emergency stop devices, safety switches, and programmable safety systems among others. Important regions for vendors in terms of market size is covered through detailed geographical segmentation of Americas, Europe Middle East and Africa, and Asia Pacific.

We have a large number of reports in Manufacturing & Construction which can be accessed in the following link: https://www.reportsellers.com/category/manufacturing-construction-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.

For more information, contact
Aditya Joshi
Report Sellers   
Email: sales@reportsellers.com
Direct: +1-214-396-2385
 
 
 

No comments:

Post a Comment