Global Industrial Safety Relays and Timers Market Forcast To Grow At CAGR Of 4.23% Between 2017-2021
"The Report Global
Industrial Safety Relays and Timers Market 2017-2021 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
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About
Industrial
Safety Relays and Timers
Market
Safety
Relays are electromechanical switching devices that implement safety
functions. When a hazard occurs, a safety relay reduces the risk to
an acceptable level by initiating a safe and reliable response.
Safety relays also monitor a safety system and either allows the
machine to start or stop based on a command. Each safety relay is
used for monitoring a specific safety function. In addition, by
connecting them to other safety relays, total monitoring of a machine
or plant can be achieved. A safety timer is either used to produce
precise time delay or can be used to repeat an action after a certain
period. Safety timers are processors that not only generate time
delays but are also used as counters where these are used to count an
action or event.
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Technavios
analysts forecast the global industrial safety relays and timers
market to grow at a CAGR of 4.23% during the period 2017-2021.
Covered
in this report
The
report covers the present scenario and the growth prospects of the
global industrial safety relays and timers market for 2017-2021. To
calculate the market size, the report considers the retail selling
price is considered as the average selling price of the product..
The
market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's
report, Global Industrial Safety Relays and Timers Market 2017-2021,
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.
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Report @
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Key
vendors
ABB
EATON
Rockwell
Automation
Schneider
Electric
Siemens
Other
prominent vendors
Euchner-USA
Panasonic
Electric Works
Pilz
SICK
AG
Yokogawa
Electric Corporation
Market
driver
Increasing
use of smart and programmable timers
For
a full, detailed list, view our report
Market
challenge
Increase
in use of safety PLCs over safety relays
For
a full, detailed list, view our report
Market
trend
Increasing
use of multi-function safety relays instead of single-function relays
For
a full, detailed list, view our report
Key
questions answered in this report
What
will the market size be in 2021 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?
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Table
of Contents
PART
01: EXECUTIVE SUMMARY
PART
02: SCOPE OF THE REPORT
PART
03: RESEARCH METHODOLOGY
PART
04: INTRODUCTION
Market
outline
PART
05: MARKET LANDSCAPE
Market
overview
Market
size and forecast
Five
forces analysis
PART
06: MARKET SEGMENTATION BY END-USER
Market
overview
Market
size and forecast
Market
size and forecast
Global
industrial safety relays and timers market by end-user
Global
industrial safety relays and timers by chemical and petrochemical
industry
Global
industrial safety relays and timers market by oil and gas industry
Global
industrial safety relays and timers market by power industry
Global
industrial safety relays and timers market by mining industry
Global
industrial safety relays and timers market by others
PART
07: REGIONAL LANDSCAPE
Geographical
segmentation
Regional
comparison
Industrial
safety relays and timers market in Americas Market size and forecast
2016-2021
Industrial
safety relays and timers market in EMEA Market size and forecast
2016-2021
Industrial
safety relays and timers market APAC Market size and forecast
2016-2021
Key
leading countries
Market
opportunity
PART
08: DECISION FRAMEWORK
PART
09: DRIVERS AND CHALLENGES
Market
drivers
Market
challenges
PART
10: MARKET TRENDS
Increasing
use of multi-function safety relays instead of single-function relays
Rising
incorporation of new features in industrial safety timers
Growing
focus toward enhanced battery life of timers
PART
11: VENDOR LANDSCAPE
Competitive
landscape
Other
prominent vendors
PART
12: KEY VENDOR ANALYSIS
Key
vendor analysis
ABB
EATON
Rockwell
Automation
Schneider
Electric
Siemens
PART
13: APPENDIX
List
of abbreviations
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