Europe Safety Switch Market Size to register a growth of 6% CAGR

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According to a new report Europe Safety Switch Market, published by KBV research, the Europe Safety Switch Market Size would witness market growth of 6% CAGR during the forecast period (2017 - 2023).

The Germany market holds the largest market share in Europe Inductive Switches Market by Country in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 6.2 % during the forecast period. The UK market is expected to witness a CAGR of 8.7% during (2017 - 2023) in Europe Magnetic and Other Non-Contact Switches Market. Additionally, The France market is expected to witness a CAGR of 10% during (2017 - 2023).

The Burner Management Systems market holds the largest market share in Europe Safety Switches Market by Safety System in 2016 and would continue to be a dominant market till 2023. Additionally, The High Integrity Pressure Protection Systems market is expected to witness a CAGR of 6.4% during (2017 - 2023).

The Oil & Gas market holds the largest market share in Europe Safety Switches Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 4.2 % during the forecast period. The Chemical market is expected to witness a CAGR of 6.4% during (2017 - 2023). Additionally, The Food & Beverages market would attain market value of $48.6 million by 2023.

Full Report: https://www.kbvresearch.com/europe-safety-switch-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Europe 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.

Europe Safety Switch Market Size Segmentation

By Product Type

  • Contact Safety Switch
    • Hinge Switches
    • Locking Switches
    • Other Contact Safety Switches
  • Non-Contact Safety Switch
    • Inductive Switches
    • Magnetic and Other Non-Contact Switches

By Safety System

  • Burner Management Systems
  • Emergency Shutdown Systems
  • Fire & Gas Monitoring Systems
  • High Integrity Pressure Protection Systems
  • Others

By Vertical

  • Oil & Gas
  • Energy & Power
  • Metal & Mining
  • Chemical
  • Food & Beverages
  • Packaging
  • Pharmaceutical
  • Water & Wastewater Treatment
  • Others

By Country

  • Germany Safety Switch Market
  • UK Safety Switch Market
  • France Safety Switch Market
  • Russia Safety Switch Market
  • Spain Safety Switch Market
  • Italy Safety Switch Market
  • Rest of Europe Safety Switch Market

Companies Profiled

  • ABB Group
  • General Electric (GE)
  • Rockwell Automation
  • Schneider Electric SE
  • Siemens AG
  • Eaton Corporation Plc.
  • Honeywell International, Inc.
  • Omron Corporation
  • Emerson Electric Co.
  • SICK AG

Unique Offerings from KBV Research

  • Exhaustive coverage of Europe Safety Switch Market Size
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

Global Safety Switch Market (2017-2023)

North America Safety Switch Market (2017-2023)

Asia Pacific Safety Switch Market (2017-2023)

LAMEA Safety Switch Market (2017-2023)

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