The global safety sensors market is driven by the increasing awareness for the safety of workers in the manufacturing industry. Moreover, the stringent government regulations for safety at the workplace are also aiding the growth of this market. In addition, the technological advancements across all the sectors are creating a demand for automation. Sensors play an important role in the automation process. Hence, the demand for automation is in return fueling the growth for global safety sensors market. Furthermore, safety in manufacturing and industrial applications is not required for the workers but also to prevent the wear and tear or damage to the good being manufactured. This factor is also acting as a driver for the market.
However, the installation charge for safety sensors is very high which is acting as a restraint for the market. Moreover, the safety sensors are automated in nature and can malfunction by giving false indications which can lead to confusion at the workplace. This, in return is hindering the market from growth.
Safety Sensors Market: Key Players
The key players in this market include Allen Bradley, Keyence Corporation, Omron Corporation, IFM Efector GmbH, Siemens, ABB ltd, Baumer Limited, Panasonic Corporation, AMETEK Factory Automation, Asteel Sensor and Delphi among others.
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