Factors Impacting the Growth of the Global Safety Switches Market

Published: Oct 2019

The global safety switch market is expected to witness positive growth during the forecast period. The market growth is attributed to the increasing adoption of automation in hazardous industrial areas. Operator safety is at the top priority and of the utmost importance for any robot and machine installations, and an expected level of protection is being offered by the safety switches. Hence, safety switches play an important role in automated production equipment; thereby, increasing the adoption of automation in industrial areas surges the growth of the global safety switch market.

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Further, increasing demand for non-contact door switches for improving the stability of doors and guards and increasing government intervention for equipment and personnel safety in industries further give a boost to the growth of the global safety switch industry. Moreover, increasing industrial applications of safety switches contribute to the growth of the global safety switch market and hence helps in expanding the market size. There is a significant growth of safety switches in industrial applications including oil and gas, material handling, manufacturing, and power generation industries. 

There is an increasing need for a safer work environment which further drives the demand for safety switches in the industrial applications. In hazardous locations in industries such as grain elevators, petrochemical, waste treatment plants, offshore drilling, and hazardous waste handling facilities, the safety switches play a key role in providing a safe and efficient work environment. Over the years, the fatalities have been increasing, which in turn increases the demand for safety switches. For instance, according to the Japan Industrial Health and Safety Association (JISHA) in 2017, the mining and construction industry recorded a total of over 450 accidents. Such incidents increase the demand for safety switches in order to create a safe work environment; thereby drives the growth of the safety switches market. 

Global Safety Switch Market Segmentation

By Type

  • Inductive Safety Switch
  • Magnetic Safety Switch
  • Transponder Safety Switch
  • Locking Safety Switch
  • Hinge Safety Switch
  • Others Safety Switch

By End-User

  • Industrial
  • Healthcare
  • Commercial
  • Others

Global Safety Switch Market Segment by Region

North America

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific 

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East and Africa

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