Market Overview:
The global safety limit switches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for safety limit switches in various applications, such as household, commercial, and industrial applications. The snap-action type segment is expected to hold the largest share of the global safety limit switches market during the forecast period. This segment is also projected to grow at a higher CAGR than other action types during the forecast period.
Product Definition:
A safety limit switch is a type of switch that is used to detect when a particular condition has been met, typically the limit of safe operation for a piece of machinery. When the limit is reached, the safety limit switch will activate and send a signal to shut down the machine. This helps to ensure that operators are not injured and equipment is not damaged.
By Action Type:
By action type is used to express the response of a protective device or system to an applied input. It helps in determining the safety parameters of a device and also helps in setting limits for various applications. By action type is classified into two types as positive and negative by convention, where negative actions are performed against the flow that is attempting to be stopped while positive actions are performed for enabling flow.
Snap:
The Snap is a mechanical device that provides two- or three-point contact closure for circuit breakers, valves, and other control elements. It can be used in various applications such as fire protection, gas protection, water supply & drainage systems and process safety equipment. The product has the ability to provide instant tripping of protective devices without any additional personnel involvement which makes it an essential part of any emergency system.
Application Insights:
The global demand for safety limit switches has witnessed a paradigm shift due to the growing awareness about personal safety and security. The household application segment accounted for a major share in 2016 and is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, which enables people to spend more on home improvement activities such as installing advanced safety equipment. Moreover, these devices help reduce accidents by triggering an alarm if the door or window is opened while someone is trying to exit or enter through an open door or window. These devices are also used in commercial applications including warehouses & storage facilities, manufacturing units & plants, R&D centers & laboratories among others.
Increasing investments in developing countries of Latin America.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being a developed economy, has more safety limit switches available for use in various applications than developing economies of the world.
The Asia Pacific region is expected to grow at a lucrative rate over the forecast period owing to increasing industrialization and commercial construction activities across emerging countries such as China, India, Indonesia, Vietnam among others.
Europe was another major regional segment that accounted for significant revenue share in 2017 due to high usage of different types of safety limit switches across numerous applications including household.
Growth Factors:
- Increasing demand for safety limit switches in the automotive industry to prevent accidents and improve safety.
- Growing awareness about the benefits of using safety limit switches in various industries, which is driving their adoption.
- Technological advancements that are making these switches more reliable and efficient, thereby increasing their demand.
- Rising demand from emerging markets due to the growing industrialization and modernization in these regions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Limit Switches Market Research Report
By Type
By Action Type, Snap, Slow, Snap/Slow, Break Before Make, Type II
By Application
Household, Commercial, Industrial
By Companies
Siemens, ABB, Bernstein Safety, Schneider Electric, Omron, Honeywell, Keyence, Cooper CEAG, Telemecanique, Schmersal, Allen Bradley
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Safety Limit Switches Market Report Segments:
The global Safety Limit Switches market is segmented on the basis of:
Types
By Action Type, Snap, Slow, Snap/Slow, Break Before Make, Type II
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:
- Siemens
- ABB
- Bernstein Safety
- Schneider Electric
- Omron
- Honeywell
- Keyence
- Cooper CEAG
- Telemecanique
- Schmersal
- Allen Bradley
Highlights of The Safety Limit 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:
- By Action Type
- Snap
- Slow
- Snap/Slow
- Break Before Make
- Type II
- 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 Safety Limit 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
- 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?
Safety limit switches are used to protect equipment from exceeding a certain operating limit. When the switch is activated, it interrupts power to the equipment and prevents it from continuing to operate beyond its safe limits.
Some of the key players operating in the safety limit switches market are Siemens, ABB, Bernstein Safety, Schneider Electric, Omron, Honeywell, Keyence, Cooper CEAG, Telemecanique, Schmersal, Allen Bradley.
The safety limit switches market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Safety Limit Switches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Safety Limit Switches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Safety Limit Switches Market - Supply Chain
4.5. Global Safety Limit Switches Market Forecast
4.5.1. Safety Limit Switches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Safety Limit Switches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Safety Limit Switches Market Absolute $ Opportunity
5. Global Safety Limit Switches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Safety Limit Switches Market Size and Volume Forecast by Type
5.3.1. By Action Type
5.3.2. Snap
5.3.3. Slow
5.3.4. Snap/Slow
5.3.5. Break Before Make
5.3.6. Type II
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Safety Limit Switches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Safety Limit Switches Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Safety Limit Switches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Safety Limit Switches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Safety Limit Switches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Safety Limit Switches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Safety Limit Switches Demand Share Forecast, 2019-2026
9. North America Safety Limit Switches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Safety Limit Switches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Safety Limit Switches Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Safety Limit Switches Market Size and Volume Forecast by Type
9.7.1. By Action Type
9.7.2. Snap
9.7.3. Slow
9.7.4. Snap/Slow
9.7.5. Break Before Make
9.7.6. Type II
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Safety Limit Switches Demand Share Forecast, 2019-2026
10. Latin America Safety Limit Switches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Safety Limit Switches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Safety Limit Switches Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Safety Limit Switches Market Size and Volume Forecast by Type
10.7.1. By Action Type
10.7.2. Snap
10.7.3. Slow
10.7.4. Snap/Slow
10.7.5. Break Before Make
10.7.6. Type II
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Safety Limit Switches Demand Share Forecast, 2019-2026
11. Europe Safety Limit Switches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Safety Limit Switches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Safety Limit Switches Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Safety Limit Switches Market Size and Volume Forecast by Type
11.7.1. By Action Type
11.7.2. Snap
11.7.3. Slow
11.7.4. Snap/Slow
11.7.5. Break Before Make
11.7.6. Type II
11.8.Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Safety Limit Switches Demand Share, 2019-2026
12. Asia Pacific Safety Limit Switches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Safety Limit Switches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Safety Limit Switches Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Safety Limit Switches Market Size and Volume Forecast by Type
12.7.1. By Action Type
12.7.2. Snap
12.7.3. Slow
12.7.4. Snap/Slow
12.7.5. Break Before Make
12.7.6. Type II
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Safety Limit Switches Demand Share, 2019-2026
13. Middle East & Africa Safety Limit Switches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Safety Limit Switches Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Safety Limit Switches Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Safety Limit Switches Market Size and Volume Forecast by Type
13.7.1. By Action Type
13.7.2. Snap
13.7.3. Slow
13.7.4. Snap/Slow
13.7.5. Break Before Make
13.7.6. Type II
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Safety Limit Switches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Safety Limit Switches Market: Market Share Analysis
14.2. Safety Limit Switches Distributors and Customers
14.3. Safety Limit Switches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bernstein Safety
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Omron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Honeywell
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Keyence
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cooper CEAG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Telemecanique
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Schmersal
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Allen Bradley
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
