Newly released market study: Global Industrial Safety Integrated Components Market 2016-2020

From: Fast Market Research, Inc.
Published: Thu Apr 14 2016

The processes as well as the machines in industries are becoming increasingly dynamic due to customized demand from the customers. Therefore, the need to increase productivity, safety, and flexibility in the production plants of the power, food and beverage, chemical and petrochemical, and oil and gas industries becomes necessary. The demand for integrated technology and safety components that can easily interchange information is high to avoid any downtime of the plants and maintain high productivity. These factors are pushing manufacturing industries worldwide to accommodate safety relays, safety PLC, safety switches, and transmitters in their facility that can be integrated with other systems such as control systems of the plants.

Technavio's analysts forecast the global industrial safety integrated components market to grow at a CAGR of 4.93% during the period 2016-2020.

Full Report Details at

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial safety integrated components market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of industrial safety integrated components that include installation and integration to the below-mentioned process industries.

* Power
* Automotive
* Oil and gas
* Chemical and petrochemical
* Food and beverages
* others

The market is divided into the following segments based on geography:

* Americas

Technavio's report, Global Industrial Safety Integrated Components Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Rockwell Automation
* Schneider Electric
* Siemens

Other prominent vendors

* Beckhoff
* Bosch Rexroth
* GE
* Hitachi
* Honeywell International
* Itron
* Littelfuse

Market driver

* Increase in smart grid installation
* For a full, detailed list, view our report

Market challenge

* Fluctuating raw material prices
* For a full, detailed list, view our report

Market trend

* Growing demand for smart industries
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2020 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Industrial Control and Factory Automation Market - Global Forecast to 2020
- Global Industrial Emergency Shutdown Systems Market 2016-2020
- Global Respiratory Protection Equipment (RPE) Market 2015-2019
- Global Industrial Gear Motors and Drives Market 2015-2019
- Global Fall Protection Equipment Market 2015-2019

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »