Market Overview:
The global industrial safety integrated components market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safety in factory automation, public facilities safety, and building security applications. Additionally, the growing awareness about industrial safety among end users is also contributing to the growth of this market. Based on type, the global industrial safety integrated components market can be segmented into safey relay, transmitter, safey PLCs and safey switches. The transmitter segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its increasing demand in factory automation and public facilities security applications. Based on application, the global industrial safety integrated components market can be divided into factory automation, public facilities security (PFS), building security (BS), and others (including marine & offshore).
Product Definition:
Industrial safety integrated components are devices or systems that are used to help protect workers from potential harm while they are performing their jobs. These components can include things like guards on machines, warning signs, and protective clothing. The use of industrial safety integrated components is important because it helps to keep workers safe while they are performing their duties. This can help to prevent injuries and save lives.
Safety Relay:
Safety relay is an electrical device used to interrupt the flow of current in case of any fault or accident. It is a two-way switch that can be set off by overvoltage, undervoltage, ground loss or arc loss. The primary function of safety relay is to protect the equipment and personnel from electric shocks at high voltage power lines and low voltage power lines; it also helps in preventing fire accidents at high temperature super heaters & low temperature coolers.
Transmitter:
A transmitter is an essential part of the industrial safety integrated components. It is a device that generates and sends out radio-frequency (RF) signals. The RF signal can be used to initiate a response from the receiving component(s). A typical example of such transmitting devices are walkietalkies, which are used for communication between workers in different departments in an industrial plant and also between floors in a multi-story building.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to growing demand for safety integrated components in military, aerospace and defense applications. For instance, Honeywell International Inc., a U.S.-based multinational company provides security solutions that include access control systems, video surveillance systems, fire detection & prevention systems among other products globally. The company¢â‚¬â„¢s product portfolio includes integration of safety intergated components such as PLC with sensors and cameras enabling customers to have full control over their facilities 24/7 worldwide through remote monitoring & controlling services thus driving the market growth across public facilities applications during the forecast period 2018-2030 +.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing adoption of industrial safety integrated components owing to rising manufacturing activities, especially in China, India, Japan and South Korea. Increasing investments by governments for improving public infrastructure are also expected to drive regional growth over the forecast period.
The European market was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period owing to increasing spending on public safety infrastructure coupled with stringent government regulations regarding workplace fatalities across Europe. In addition, growing emphasis on energy efficiency within various industries will further propel demand for industrial safety integrated components in this region over the next eight years.
In North America, strict regulatory norms pertaining as well as concerning occupational health & safety standards are anticipated to have a positive impact on industry expansion over the coming years.
Growth Factors:
- Increasing demand for safety in industrial workplaces
- Growing awareness of the benefits of industrial safety integrated components
- Proliferation of Industry 4.0 and the Internet of Things (IoT)
- Rising demand from developing countries
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Safety Integrated Components Market Research Report
By Type
Safety Relay, Transmitter, Safety PLC, Safety Switches
By Application
Factory Automation, Public Facilities Safety, Building Security, Others
By Companies
ABB, General Electric, Rockwell, Schneider Electric, Siemens, Eaton, Honeywell, Omron, Pilz, SICK, ABB
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Safety Integrated Components Market Report Segments:
The global Industrial Safety Integrated Components market is segmented on the basis of:
Types
Safety Relay, Transmitter, Safety PLC, Safety Switches
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
Factory Automation, Public Facilities Safety, Building Security, 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:
- ABB
- General Electric
- Rockwell
- Schneider Electric
- Siemens
- Eaton
- Honeywell
- Omron
- Pilz
- SICK
- ABB
Highlights of The Industrial Safety Integrated Components 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:
- Safety Relay
- Transmitter
- Safety PLC
- Safety Switches
- By Application:
- Factory Automation
- Public Facilities Safety
- Building Security
- 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 Industrial Safety Integrated Components 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Industrial Safety Integrated Components (ISIC) is a global supplier of safety products and services. ISIC's products and services are used in the manufacturing, mining, oil and gas, transportation, construction, utilities and other industries.
Some of the major players in the industrial safety integrated components market are ABB, General Electric, Rockwell, Schneider Electric, Siemens, Eaton, Honeywell, Omron, Pilz, SICK, ABB.
The industrial safety integrated components market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Safety Integrated Components 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 Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Size & Forecast, 2018-2028
4.5.1 Industrial Safety Integrated Components Market Size and Y-o-Y Growth
4.5.2 Industrial Safety Integrated Components Market Absolute $ Opportunity
Chapter 5 Global Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Size Forecast by Type
5.2.1 Safety Relay
5.2.2 Transmitter
5.2.3 Safety PLC
5.2.4 Safety Switches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Size Forecast by Applications
6.2.1 Factory Automation
6.2.2 Public Facilities Safety
6.2.3 Building Security
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Safety Integrated Components 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 Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Size Forecast by Type
9.6.1 Safety Relay
9.6.2 Transmitter
9.6.3 Safety PLC
9.6.4 Safety Switches
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 Industrial Safety Integrated Components Market Size Forecast by Applications
9.10.1 Factory Automation
9.10.2 Public Facilities Safety
9.10.3 Building Security
9.10.4 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 Industrial Safety Integrated Components Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Size Forecast by Type
10.6.1 Safety Relay
10.6.2 Transmitter
10.6.3 Safety PLC
10.6.4 Safety Switches
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 Industrial Safety Integrated Components Market Size Forecast by Applications
10.10.1 Factory Automation
10.10.2 Public Facilities Safety
10.10.3 Building Security
10.10.4 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 Industrial Safety Integrated Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Size Forecast by Type
11.6.1 Safety Relay
11.6.2 Transmitter
11.6.3 Safety PLC
11.6.4 Safety Switches
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 Industrial Safety Integrated Components Market Size Forecast by Applications
11.10.1 Factory Automation
11.10.2 Public Facilities Safety
11.10.3 Building Security
11.10.4 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 Industrial Safety Integrated Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Safety Integrated Components 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 Industrial Safety Integrated Components Market Size Forecast by Type
12.6.1 Safety Relay
12.6.2 Transmitter
12.6.3 Safety PLC
12.6.4 Safety Switches
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 Industrial Safety Integrated Components Market Size Forecast by Applications
12.10.1 Factory Automation
12.10.2 Public Facilities Safety
12.10.3 Building Security
12.10.4 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) Industrial Safety Integrated Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Safety Integrated Components 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) Industrial Safety Integrated Components Market Size Forecast by Type
13.6.1 Safety Relay
13.6.2 Transmitter
13.6.3 Safety PLC
13.6.4 Safety Switches
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) Industrial Safety Integrated Components Market Size Forecast by Applications
13.10.1 Factory Automation
13.10.2 Public Facilities Safety
13.10.3 Building Security
13.10.4 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 Industrial Safety Integrated Components Market: Competitive Dashboard
14.2 Global Industrial Safety Integrated Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 General Electric
14.3.3 Rockwell
14.3.4 Schneider Electric
14.3.5 Siemens
14.3.6 Eaton
14.3.7 Honeywell
14.3.8 Omron
14.3.9 Pilz
14.3.10 SICK
14.3.11 ABB
