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Global Industrial Safety Integrated Components Market 2016-2020

Global Industrial Safety Integrated Components Market 2016-2020

About Industrial Safety Integrated Components

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.

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
    • APAC
    • EMEA
    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
    • ABB
    • Rockwell Automation
    • Schneider Electric
    • Siemens
    Other prominent vendors
    • Beckhoff
    • Bosch Rexroth
    • GE
    • Hitachi
    • Honeywell International
    • IDEC
    • Itron
    • KEYENCE
    • KOYO ELECTRONICS
    • 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?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?


    Press Release

    Technavio Announces the Publication of its Research Report – Global Industrial Safety Integrated Components Market 2016-2020

    Technavio recognizes the following companies as the key players in the Global Industrial Safety Integrated Components Market: ABB, Rockwell Automation, Schneider Electric, and Siemens.

    Other Prominent Vendors in the market are: Beckhoff, Bosch Rexroth, GE, Hitachi, Honeywell International, IDEC, Itron, KEYENCE, KOYO ELECTRONICS, and Littelfuse.

    Commenting on the report, an analyst from Technavio’s team said: “The need for smart industries, such as automated industries, has increased worldwide, and is likely to grow significantly during the forecast period. Manufacturing-based countries that include China and Germany have started to automate their existing factories to stay ahead of the competition. The growing concept of smart industries will accommodate automation and safety integrated components such as safety switches and relay.”

    According to the report, the smart grid investment worldwide was estimated to reach around $200 billion by 2015. Rapid development of smart grids has increased the growth of several technologies that include smart meters, digital relays, safety switches, and PLCs. Smart grids consist of various smart grid applications such as smart meters, SCADA systems, and IT networks that hold a sizeable market share in the smart grid market, which is growing rapidly.

    Further, the report states that fluctuating prices of raw materials have become a major concern for vendors as it hampers their business plans while forecasting demand, developing and executing manufacturing plans, and managing inventory.

    Companies Mentioned

    ABB, Rockwell Automation, Schneider Electric, Siemens, Beckhoff, Bosch Rexroth, GE, Hitachi, Honeywell International, IDEC, Itron, KEYENCE, KOYO ELECTRONICS, Littelfuse.

    • Executive summary
      • Highlights
    • Scope of the report
      • Market overview
        • Table Market segmentation by end-users
        • Table Market segmentation by products
        • Table Market segmentation by geography
      • Top-vendor offerings
        • Table Product offerings
      • Other prominent vendors
        • Table Other prominent vendors
    • Market research methodology
      • Research methodology
      • Economic indicators
    • Introduction
      • Key market highlights
    • Market landscape
      • Market size and forecast
        • Table Global industrial safety integrated components market 2015-2020 ($ billions)
      • Five forces analysis
        • Table Five forces analysis
    • Market segmentation by products
      • Global industrial safety integrated components: Segmentation by products
        • Table Global industrial safety integrated components segmentation by products 2015
        • Table Global industrial safety integrated components segmentation by products 2020
        • Table Global industrial safety integrated components segmentation by products 2015 and 2020 ($ billions)
      • Global safety relay market
        • Table Global safety relay market 2015-2020 ($ billions)
      • Global transmitter market
        • Table Global transmitter market 2015-2020 ($ billions)
      • Global safety PLC market
        • Table Global PLC market 2015-2020 ($ billions)
        • Table Difference between safety PLC and standard PLC
      • Global safety switch market
        • Table Global safety switch market 2015-2020 ($ billions)
    • Market segmentation by end-user
      • Global industrial safety integrated components: Segmentation by end-users
        • Table Global industrial safety integrated components segmentation by end-users 2015
        • Table Global industrial safety integrated components segmentation by end-users 2020
        • Table Global industrial safety integrated components segmentation by end users 2015 and 2020 ($ billions)
      • Global industrial safety integrated components market in power industry
        • Table Global industrial safety integrated components market in power industry 2015-2020 ($ billions)
      • Global industrial safety integrated components market in automotive industry
        • Table Global industrial safety integrated components market in automotive industry 2015-2020 ($ billions)
      • Global industrial safety integrated components market in oil and gas industry
        • Table Global industrial safety integrated components market in oil and gas industry 2015-2020 ($ billions)
      • Global industrial safety integrated components market in chemical and petrochemical industry
        • Table Global industrial safety integrated components market in chemical and petrochemical industry 2015-2020 ($ billions)
      • Global industrial safety integrated components market in food and beverage industry
        • Table Global industrial safety integrated components market in foods and beverages industry 2015-2020 ($ billions)
      • Global industrial safety integrated components market in other industries
        • Table Global industrial safety integrated components market in other industries 2015-2020 ($ billions)
    • Geographical segmentation
      • Global industrial safety integrated components by geography
        • Table Global industrial safety integrated components market by geography 2015
        • Table Global industrial safety integrated components market by geography 2020
        • Table Global industrial safety integrated components market by geography 2015 and 2020 ($ billions)
      • Industrial safety integrated components market in APAC
        • Table Industrial safety integrated components market in APAC 2015-2020 ($ billions)
      • Industrial safety integrated components market in EMEA
        • Table Industrial safety integrated components market in EMEA 2015-2020 ($ billions)
      • Industrial safety integrated components market in the Americas
        • Table Industrial safety integrated components market in the Americas 2015-2020 ($ billions)
    • Market drivers
      • Table Global standards for safety in industries
    • Impact of drivers
      • Table Impact of drivers
    • Market challenges
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
    • Market trends
    • Vendor landscape
      • Competitive landscape
      • Competition financials
        • Table Competition financials
        • Table Recent developments
    • Appendix
      • List of abbreviations
    • Explore Technavio

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