APAC To Increase Demand For Safety Sensors And Switches With approximately Revenue To Cross $3 Billion Mark By 2020 - HPC ASIA
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APAC To Increase Demand For Safety Sensors And Switches With approximately Revenue To Cross $3 Billion Mark By 2020

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Safety sensors & switches across industry verticals plays an important role in ensuring the safety of employees and production unit. In order to detect the presence of any object or body, the safety sensors are used as presence detection equipment.  The safety devices are the safety switches which monitor the movable safety guards such as doors, covers, shafts etc.  To avoid work hazards these products acts as a bridge between HUMAN MACHINE INTERFACE. The rising demand for end products in automotive, food and beverage, pharmaceuticals and semiconductor and surge in economies of emerging countries such as China, India, Brazil and Russia (BRIC) welcomes more manufacturing plants and production facilities. The
safety sensors and switches market is forecast to have significant market potential in the coming years, owing to the increasing demand from end user industries. Between 2014 and 2020, the global safety sensors and switches market is estimated to grow at a CAGR of 3.1%to reach $3.3 billion by 2020.
To ensure safety and productivity, machine safety equipment is regulated to meet stringent standards with both International and Domestic standards. The International Electro-technical Commission (IEC) and International Organization for Standardization (ISO) jointly prepared the IEC/ISO Guide 51 as a criterion for establishing standards concerning machinery safety. Every geographic region has laid down their respective standards for machine safety: Europe has set down Machinery Directive which deals with machinery and safety components; the regulatory bodies in North America region include Underwriters Laboratories Inc. (UL), American National Standards Institute (ANSI), Canadian Standards Association (CSA) and Occupational Safety and Health Administration (OSHA); China Compulsory Certification (CCC) is a mandatory certification system pertaining product safety in China and Japanese products are checked under the Electrical Appliance and Material Safety Law.

Source: http://industryarc.com/

Image source: www.emg-pr.com

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