United States Safety Sensor Market to be dominated by Construction Industry
The surge in concerns regarding the protection of high-cost equipment is expected to drive the demand for the United States safety sensor market over the forecast period, 2023-2027.
According to TechSci Research report, “United States Safety Sensor Market By Type (Safety Light Curtain, Safety Laser Scanner, Safety Mat, Safety Edge), By End-User Industry (Construction, Oil and Gas, Mining, Healthcare, Defense, Manufacturing, Logistics, Food and Beverages, Others), By Sensor Type (Accelerometers, Biosensors, Image Sensors, Motion Detectors), By Application (Punch and Press Machines, Shearing Machines, Metal Surface Treatment Machines, Automated Soldering Line, Perimeter Protection, Others), By Region, Competition Forecast & Opportunities, 2027”, the United States safety sensor market is expected to witness impressive growth in the forecast period, 2023-2027. Increased focus on factory automation and the emergence of industrial 4.0, along with the rise in efforts by the leading authorities on income diversification, are the primary drivers for the United States safety sensor market. Safety sensors are generally employed in industries to lower or eliminate the chances of workplace accidents. These sensors detect the presence of humans within the specified area and lower the possibilities of accidents by detecting functionalities. High-end investments by the market players to increase safety in factories and lower the occurrence of fatalities and accidents in factories, and rapid adoption of advanced technologies are expected to accelerate the United States safety sensor market growth over the next five years.
However, the high installation cost of safety sensors and lack of awareness about the benefits of installing safety sensors may hinder the market growth in the forecast period.
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The United States safety sensor market is segmented into type, end-user industry, sensor type, application, regional distribution, and competitive landscape.
Based on the end-user industry, the market is divided into construction, oil and gas, mining, healthcare, defense, manufacturing, logistics, food and beverages, and others. The construction industry is expected to be the largest end-user industry over the forecast period, 2023-2027. Safety becomes crucial at places where heavy-duty off-highway equipment is used to complete the work. With time, machines are advancing at a rapid level, and manufacturers are moving towards adopting automated systems and machines. The need to detect objects and improve the overall safety of the workplace is increasing, which is creating the demand for safety sensors. The sensors are undergoing technological advancements, improving the detection capabilities and alerting the machine operators in time to tell them about the presence of animals, persons, and objects in their path. The growing construction industry is expected to fuel the demand for safety sensors over the next five years.
Based on sensor type, the market is divided into accelerometers, biosensors, image sensors, and motion detectors. Biosensors are expected to account for significant market share over the next five years. The key advantages of installing biosensors are their rapid and continuous measurement and fast response time. Major applications of biosensors are environment applications, wastewater treatment, protein engineering and drug discovery applications, and food analysis applications.
Major market players operating in the United States safety sensor market are:
- TE Connectivity
- Pinnacle Systems Inc.
- Rockwell Automation
- Banner Engineering Corporation
- Honeywell Aerospace
- Siemens
- Panasonic
- STMicroelectronics
- Rohm Semiconductor
- OSRAM Opto Semiconductors
- NKK Switches
- Bosch
- TDK InvenSense
- Xsens Technologies BV
- BEI sensor
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“Market players are investing in research and development activities to find innovative solutions and upgrade the existing infrastructure. Introduction of a diagnostic light-emitting diode on sensors to identify errors, misalignment, and other faults that can adversely affect the normal functioning of machinery and equipment is expected to influence the market demand in the upcoming years. Also, the market players have started integrating advanced systems with RFID technology with safety sensors for advanced features, and the rise in the production of autonomous vehicles to support a safer driving experience for consumers is expected to propel the United States safety sensor market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Safety Sensor Market By Type (Safety Light Curtain, Safety Laser Scanner, Safety Mat, Safety Edge), By End-User Industry (Construction, Oil and Gas, Mining, Healthcare, Defense, Manufacturing, Logistics, Food and Beverages, Others), By Sensor Type (Accelerometers, Biosensors, Image Sensors, Motion Detectors), By Application (Punch and Press Machines, Shearing Machines, Metal Surface Treatment Machines, Automated Soldering Line, Perimeter Protection, Others), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of United States safety sensor market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States safety sensor market.
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