According to a new report Global Safety Switch Market, published by KBV research, the Global Safety Switch Market size is expected to reach $1.7 billion by 2023, rising at a market growth of 6.9% CAGR during the forecast period.
The Contact Safety Switch market holds the largest market share in Global Safety Switches Market by Product Type in 2016 and would continue to be a dominant market till 2023. The Non-Contact Safety Switch market is expected to witness a CAGR of 8.9% during (2017 - 2023).
The Europe market holds the largest market share in Global Burner Management Systems Safety Switches Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5 % during the forecast period. The North America market is expected to witness a CAGR of 6.1% during (2017 - 2023) in Global Emergency Shutdown Systems Safety Switches Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 8.4% during (2017 - 2023) in Global High Integrity Pressure Protection Systems Safety Switches Market.
The Oil & Gas market holds the largest market share in Global Safety Switches Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5.1 % during the forecast period. The Chemical market is expected to witness a CAGR of 7.3% during (2017 - 2023). Additionally, The Packaging market would garner market size of $136.3 million by 2023.
Full report: https://www.kbvresearch.com/safety-switch-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Safety Switch Market have been discussed in the report with the elaborated company profiles of ABB Group, General Electric (GE), Rockwell Automation, Schneider Electric SE, Siemens AG, Eaton Corporation Plc., Honeywell International, Inc., Omron Corporation, Emerson Electric Co., and SICK AG.
By Product Type
By Safety System
By Vertical
By Geography
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
North America Safety Switch Market (2017-2023)
Europe Safety Switch Market (2017-2023)
Asia Pacific Safety Switch Market (2017-2023)
LAMEA Safety Switch Market (2017-2023)
Unique Offerings 
