Market Overview:
The global non contact safety switches market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for safety switches in various applications, such as household, commercial, and industrial applications. Non contact safety switches are used in applications where there is a need for protection against accidental contact with live parts. These switches are available in different types, such as rectangular, cylindrical, round, and other shapes. The other shape category includes those that do not fall into any of the aforementioned categories. Non contact safety switches are also available in different sizes and colors to suit the needs of various end-users. Regionally, North America dominates the global non contact safety switch market followed by Europe.
Product Definition:
Non contact safety switches are used to prevent accidental or unauthorized operation of equipment. They can be used as a standalone device or in conjunction with other safety devices.
Rectangular:
The global rectangular non contact safety switches market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for these products can be attributed to their wide range of applications such as medical, industrial, aerospace & defense and consumer electronics among others which include mobile phones, tablets PCs and laptops among others.
Cylindrical:
Cylindrical magnet is a type of non contact safety switch used in applications such as railways, elevators and escalators, manufacturing plants, warehouses and storage facilities. The cylindrical magnet consists of two parallel flat steel sheets with a magnetic field between them. As the name suggests it has cylindrical shape which makes its application easier in machinery or equipment having round shaped parts.
Application Insights:
The global non contact safety switches market is segmented based on application into household, commercial and industrial. The household application segment accounted for the largest share in 2017 and is projected to witness significant growth over the forecast period. Growing urbanization along with rising disposable income of consumers are expected to drive demand for consumer appliances in developing countries such as India, China and Brazil. This will result in high demand for NCSSs which will help manufacturers meet this growing requirement.
The commercial sector includes offices, educational institutes, hotels etc.
Regional Analysis:
North America dominated the global NCSS market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as growing industrialization, increasing adoption of automation, and rising concerns over health & safety at work place among other things. Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to rapid urbanization coupled with increasing construction activities in emerging economies including China and India among others will drive demand for NCSSs in this region.
Europe accounted for a significant share of revenue generated by NCSS industry globally due to high acceptance levels towards advanced technologies across countries such as Germany and U.K., which has led them being one of largest contributors within European Union (EU).
Growth Factors:
- Increasing demand for safety switches in end-use industries such as automotive, aerospace, and manufacturing
- Growing awareness about the benefits of using non contact safety switches
- Rising demand for miniaturized and low-power safety switches
- Proliferation of Internet of Things (IoT) and Industry 4.0 across various industrial sectors
- Technological advancements in non contact safety switch technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Non Contact Safety Switches Market Research Report
By Type
Rectangular, Cylindrical, Round, Other
By Application
Household, Commercial, Industrial
By Companies
Sick, ABB, Siemens, Omron, Honeywell, Turck, Balluff, Allen Bradley, Pilz, Banner, Sick, Telemecanique, Euchner
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Non Contact Safety Switches Market Report Segments:
The global Non Contact Safety Switches market is segmented on the basis of:
Types
Rectangular, Cylindrical, Round, Other
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
Household, Commercial, Industrial
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:
- Sick
- ABB
- Siemens
- Omron
- Honeywell
- Turck
- Balluff
- Allen Bradley
- Pilz
- Banner
- Sick
- Telemecanique
- Euchner
Highlights of The Non Contact Safety Switches 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:
- Rectangular
- Cylindrical
- Round
- Other
- By Application:
- Household
- Commercial
- Industrial
- 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 Non Contact Safety Switches 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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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?
Non contact safety switches are used to protect people from electric shock. They are activated by contact with a metal object, such as a door handle or other part of the machine, and interrupt the flow of electricity to the machine.
Some of the major companies in the non contact safety switches market are Sick, ABB, Siemens, Omron, Honeywell, Turck, Balluff, Allen Bradley, Pilz, Banner, Sick, Telemecanique, Euchner.
The non contact safety switches 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 Non Contact Safety Switches 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 Non Contact Safety Switches Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Non Contact Safety Switches 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 Non Contact Safety Switches 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 Non Contact Safety Switches Market Size & Forecast, 2020-2028 4.5.1 Non Contact Safety Switches Market Size and Y-o-Y Growth 4.5.2 Non Contact Safety Switches Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Rectangular
5.2.2 Cylindrical
5.2.3 Round
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non Contact Safety Switches 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 Non Contact Safety Switches 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Rectangular
9.6.2 Cylindrical
9.6.3 Round
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.10.3 Industrial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Rectangular
10.6.2 Cylindrical
10.6.3 Round
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.10.3 Industrial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Rectangular
11.6.2 Cylindrical
11.6.3 Round
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.10.3 Industrial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Rectangular
12.6.2 Cylindrical
12.6.3 Round
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.10.3 Industrial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Rectangular
13.6.2 Cylindrical
13.6.3 Round
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.10.3 Industrial
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 Non Contact Safety Switches Market: Competitive Dashboard
14.2 Global Non Contact Safety Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sick
14.3.2 ABB
14.3.3 Siemens
14.3.4 Omron
14.3.5 Honeywell
14.3.6 Turck
14.3.7 Balluff
14.3.8 Allen Bradley
14.3.9 Pilz
14.3.10 Banner
14.3.11 Sick
14.3.12 Telemecanique
14.3.13 Euchner