Emergency Stop Devices Market can be defined as a piece of equipment that is integrated with machines or equipments in factories and industries to put an immediate stop to its operations in an emergency. These devices are used for halting the working of machinery if the life of a worker is in danger, or if the machines are in danger of being harmed or even if the products being produced are not of designated quality.
Global Machine Safety Market of which Global Emergency Stop Devices Market is a part of is set to rise from its initial estimated value of USD 4.41 billion in 2018 to an estimated value of USD 6.89 billion by 2026, registering a CAGR of 5.75% in the forecast period of 2019-2026.
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Competitive Analysis: Global Emergency Stop Devices Market
Few of the major competitors currently working in Global Emergency Stop Devices Market are Schneider Electric; Rockwell Automation, Inc.; Bihl+Wiedemann GmbH; Belden Inc.; Murrelektronik GmbH; Siemens; Parmley Graham Ltd; Weidmüller Interface GmbH & Co. KG; ABB; KEYENCE CORPORATION; Pepperl+Fuchs; Laird; Honeywell International Inc.; OMRON Corporation; SICK AG and Mitsubishi Electric Corporation.
Key Pointers Covered in the Global Emergency Stop Devices Market Trends and Forecast to 2026
- Global Emergency Stop Devices Market New Sales Volumes
- Global Emergency Stop Devices Market Replacement Sales Volumes
- Global Emergency Stop Devices Market Installed Base
- Global Emergency Stop Devices Market By Brands
- Global Emergency Stop Devices Market Size
- Global Emergency Stop Devices Market Procedure Volumes
- Global Emergency Stop Devices Market Product Price Analysis
- Global Emergency Stop Devices Market Healthcare Outcomes
- Global Emergency Stop Devices Market Cost of Care Analysis
- Global Emergency Stop Devices Market Regulatory Framework and Changes
- Global Emergency Stop Devices Market Prices and Reimbursement Analysis
- Global Emergency Stop Devices Market Shares in Different Regions
- Recent Developments for Global Emergency Stop Devices Market Competitors
- Global Emergency Stop Devices Market Upcoming Applications
- Global Emergency Stop Devices Market Innovators Study
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Key Developments in the Market:
- In September 2017, OMRON Corporation announced that they will launch factory automated devices and equipments that are designed on the same platform and pre-specified product specifications. These devices include various sensors, switches and various other devices and equipments.
- In September 2017, Laird announced the launch of wireless emergency stop device, “Safe-E-Stop”. This device enables the user or wearer of the device to stop the equipment or machinery with the push of a button attached to their uniform instead of being in close proximity to the button embedded into the machinery itself.
Segmentation: Global Emergency Stop Devices Market
- Global Emergency Stop Devices Market By Components (Buttons, Cables & Cords, Adaptors, Distribution Box, Relays, Gateways, T-Couplers, Distribution Box, Others), Implementation (Embedded Components, Individual Components), Application (Robotics, Metal Working, Assembly, Packaging, Material Handling, Others), Industry (Chemicals, Semiconductors & Electronics, Oil & Gas, Energy & Power, Healthcare, Automotive, Aerospace, Food & Beverages, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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