Market Overview:
The global Automatic Safe Load Indicator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for crawler cranes and tower cranes, and the growing construction industry worldwide. The Automatic Safe Load Indicator is used in these cranes for indicating overloads and ensuring safety while lifting heavy loads. The Automatic Safe Load Indicator market can be segmented on the basis of type into 6 analog inputs, 4 analog inputs, and others. The 6 analog input type is expected to hold a major share of the market during the forecast period owing to its ability to measure load parameters with high accuracy. On the basis of application,the Automatic Safe Load Indicatormarket can be segmented into crawler crane, tower crane, and others.
Product Definition:
An automatic safe load indicator is a device that is used to indicate when a firearm is loaded. This device can be used to help prevent accidental shootings.
6 Analog Inputs:
6-Analog inputs are used in Automatic Safe Load Indicators to detect the load fluctuation and voltage drop. These indicators are widely used in commercial and industrial applications where there is a need to protect equipment from damage due to overloading or short circuits.
The global 6-ANALOG INPUTS market size was valued at USD 1,849.7 million in 2016.
4 Analog Inputs:
Analog input is a means for measuring or monitoring an analog signal. It can be represented by the symbol “A”. The most commonly used inputs are 4-bit and 8-bit signed binary input, which has two possible levels of signals: high level (positive) and low level (negative). These levels are represented by different values of voltage ranges 0V to 10 V, and above 10 V.
Application Insights:
The others application segment includes mobile crane, derrick boom, tower crane and other cranes. The demand for these systems is expected to increase over the forecast period owing to the growing construction industry across regions. Tower cranes are used in a variety of applications including construction sites, warehouses & storage facilities, oil & gas installations and many more. These machines are highly efficient at lifting heavy loads as compared to crawler or hook load type of Crane machine which enables them to be used in high rise buildings or on uneven surfaces where crawler type cannot go.
The tower crane segment accounted for a market share of 35% in 2017 due largely to its abilityto reach greater heights with increased efficiency at lower costs than other types ofcrane machines such as hook load or crawler types among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising demand for consumer goods will drive the regional market further. Furthermore, increasing investments in automation are likely to boost product demand across this region.
The U.S., being one of the most developed nations across North America has been witnessing high demand for construction equipment since 2015; however, it was not until 2016 that manufacturers started including SAFTI in their products as an option rather than a standard feature (as per NACI).
Growth Factors:
- Increasing demand for safety in the workplace
- Growing awareness of safety hazards and their prevention
- Rising number of industrial accidents and fatalities
- Stringent government regulations and standards pertaining to workplace safety
- Technological advancements that improve the accuracy, reliability, and usability of automatic safe load indicators
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Safe Load Indicator Market Research Report
By Type
6 Analog Inputs, 4 Analog Inputs, Others
By Application
Crawler Crane, Tower Crane, Others
By Companies
MONAD ELECTRONICS, SR Heavy Equipment, Aanderaa, DAXIMAC SOLUTIONS, Monitor Systems Scotland, CANTEK SAFETY SYSTEMS, GKD TECHNIK, Nova Testings, Wylie Indicators, Trimble Inc, Robway, PAT-Kruger, RaycoWylie Systems, Weite Technologies, PALB ENGINEERING
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Safe Load Indicator Market Report Segments:
The global Automatic Safe Load Indicator market is segmented on the basis of:
Types
6 Analog Inputs, 4 Analog Inputs, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Crawler Crane, Tower Crane, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MONAD ELECTRONICS
- SR Heavy Equipment
- Aanderaa
- DAXIMAC SOLUTIONS
- Monitor Systems Scotland
- CANTEK SAFETY SYSTEMS
- GKD TECHNIK
- Nova Testings
- Wylie Indicators
- Trimble Inc
- Robway
- PAT-Kruger
- RaycoWylie Systems
- Weite Technologies
- PALB ENGINEERING
Highlights of The Automatic Safe Load Indicator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 6 Analog Inputs
- 4 Analog Inputs
- Others
- By Application:
- Crawler Crane
- Tower Crane
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Safe Load Indicator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Automatic Safe Load Indicator is a safety feature that helps protect people from being injured by firearms when loading and unloading them. When the firearm is loaded, the indicator will light up to indicate that it is safe to handle.
Some of the major players in the automatic safe load indicator market are MONAD ELECTRONICS, SR Heavy Equipment, Aanderaa, DAXIMAC SOLUTIONS, Monitor Systems Scotland, CANTEK SAFETY SYSTEMS, GKD TECHNIK, Nova Testings, Wylie Indicators, Trimble Inc, Robway, PAT-Kruger, RaycoWylie Systems, Weite Technologies, PALB ENGINEERING.
The automatic safe load indicator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Safe Load Indicator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automatic Safe Load Indicator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automatic Safe Load Indicator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automatic Safe Load Indicator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automatic Safe Load Indicator Market Size & Forecast, 2018-2028 4.5.1 Automatic Safe Load Indicator Market Size and Y-o-Y Growth 4.5.2 Automatic Safe Load Indicator Market Absolute $ Opportunity
Chapter 5 Global Automatic Safe Load Indicator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automatic Safe Load Indicator Market Size Forecast by Type
5.2.1 6 Analog Inputs
5.2.2 4 Analog Inputs
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Safe Load Indicator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automatic Safe Load Indicator Market Size Forecast by Applications
6.2.1 Crawler Crane
6.2.2 Tower Crane
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Safe Load Indicator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Safe Load Indicator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automatic Safe Load Indicator Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Safe Load Indicator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automatic Safe Load Indicator Market Size Forecast by Type
9.6.1 6 Analog Inputs
9.6.2 4 Analog Inputs
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automatic Safe Load Indicator Market Size Forecast by Applications
9.10.1 Crawler Crane
9.10.2 Tower Crane
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automatic Safe Load Indicator Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Safe Load Indicator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automatic Safe Load Indicator Market Size Forecast by Type
10.6.1 6 Analog Inputs
10.6.2 4 Analog Inputs
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automatic Safe Load Indicator Market Size Forecast by Applications
10.10.1 Crawler Crane
10.10.2 Tower Crane
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automatic Safe Load Indicator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Safe Load Indicator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automatic Safe Load Indicator Market Size Forecast by Type
11.6.1 6 Analog Inputs
11.6.2 4 Analog Inputs
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automatic Safe Load Indicator Market Size Forecast by Applications
11.10.1 Crawler Crane
11.10.2 Tower Crane
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automatic Safe Load Indicator Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Safe Load Indicator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automatic Safe Load Indicator Market Size Forecast by Type
12.6.1 6 Analog Inputs
12.6.2 4 Analog Inputs
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automatic Safe Load Indicator Market Size Forecast by Applications
12.10.1 Crawler Crane
12.10.2 Tower Crane
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automatic Safe Load Indicator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Safe Load Indicator Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automatic Safe Load Indicator Market Size Forecast by Type
13.6.1 6 Analog Inputs
13.6.2 4 Analog Inputs
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automatic Safe Load Indicator Market Size Forecast by Applications
13.10.1 Crawler Crane
13.10.2 Tower Crane
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Safe Load Indicator Market: Competitive Dashboard
14.2 Global Automatic Safe Load Indicator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MONAD ELECTRONICS
14.3.2 SR Heavy Equipment
14.3.3 Aanderaa
14.3.4 DAXIMAC SOLUTIONS
14.3.5 Monitor Systems Scotland
14.3.6 CANTEK SAFETY SYSTEMS
14.3.7 GKD TECHNIK
14.3.8 Nova Testings
14.3.9 Wylie Indicators
14.3.10 Trimble Inc
14.3.11 Robway
14.3.12 PAT-Kruger
14.3.13 RaycoWylie Systems
14.3.14 Weite Technologies
14.3.15 PALB ENGINEERING