Safety Connection Devices Market Size, Share, Opportunities, And Trends By Product (Round Or Square Body Type, Non-lighted Push Button, Others), By Type (Cables And Cords, Connectors, Gateways), By Application (Automotive, Manufacturing, Energy And Powers, Healthcare, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Oct 2023
  • Report Code : KSI061616129
  • Pages : 146

The safety connection devices market is anticipated to expand rapidly throughout the projected period.

Safety connection devices are devices that are used to ensure that electrical equipment is safe to use. They are designed to prevent electrical shocks and fires by providing a secure connection between the equipment and the power source. Safety connection devices come in many different forms, including plugs, sockets, and connectors. They are typically made from materials that are resistant to heat and corrosion, and they are designed to be durable and long-lasting. Some safety connection devices also include features such as locking mechanisms or ground fault circuit interrupters (GFCIs) that provide additional protection against electrical hazards. Overall, safety connection devices are an important part of electrical safety and are essential for ensuring that electrical equipment is safe to use.

Introduction:

The safety connection devices market deals with the production and distribution of devices that ensure electrical safety. These devices come in various forms, including cables and cords, connectors, and gateways. The market serves various end-user applications, such as the automotive, manufacturing, and healthcare industries. The market is regulated by organizations such as the International Electrotechnical Commission (IEC) and the National Electrical Manufacturers Association (NEMA), which provide standards and guidelines for the safe use of electricity. Safety connection devices are essential for preventing electrical shocks and fires, and they are designed to be durable and long-lasting. Some safety connection devices also include features such as locking mechanisms or ground fault circuit interrupters (GFCIs) that provide additional protection against electrical hazards.

Drivers:

  • Increasing demand for electrical safety: The growing awareness of electrical hazards and the need for safety measures has led to an increase in demand for safety connection devices. The market is driven by the need for safe and reliable electrical equipment in various industries.
  • Stringent government regulations: The safety connection devices market is regulated by various government bodies such as the International Electrotechnical Commission (IEC) and the National Electrical Manufacturers Association (NEMA). These organizations provide standards and guidelines for the safe use of electricity, which drives the market for safety connection devices.
  • Technological advancements: The safety connection devices market is driven by technological innovation, which has led to the development of new and more advanced safety devices. These devices are designed to be more efficient, durable, and long-lasting, which has increased their demand in various industries.
  • Increasing industrialization: The growth of industrialization has led to an increase in the use of electrical equipment, which has driven the demand for safety connection devices. The market is driven by the need for safe and reliable electrical equipment in various industries such as manufacturing, automotive, and healthcare.
  • Growing awareness of environmental safety: The safety connection devices market is driven by the growing awareness of environmental safety. The market is focused on developing devices that are environmentally friendly and sustainable. This has led to the development of new materials and technologies that are more energy-efficient and reduce the carbon footprint of electrical equipment.

Products offered by key companies:

  • ABB Ltd. Provides a variety of safety connection devices, such as plugs, sockets, and connectors. These devices are engineered to withstand harsh conditions and endure for many years, thanks to their durable construction and heat- and corrosion-resistant materials. ABB also offers ground fault circuit interrupters (GFCIs) that provide additional protection against electrical hazards. 
  • Advantech offers a range of safety connection devices such as cables and cords, connectors, and gateways. These devices are designed to be energy-efficient and environmentally friendly, and they are made from sustainable materials. Advantech also offers locking mechanisms and ground fault circuit interrupters (GFCIs) that provide additional protection against electrical hazards.
  • Rockwell Automation offers a range of safety connection devices such as cables and cords, connectors, and gateways. These devices are designed to be efficient and reliable, and they are made from high-quality materials that are resistant to heat and corrosion. Rockwell also offers locking mechanisms that provide additional protection against electrical hazards.

Prominent growth in the round or square body type segment within the safety connection devices market:

The round or square body type segment within the safety connection devices market has experienced prominent growth due to several factors. One of the main reasons for this growth is the increasing demand for safety connection devices that are durable and long-lasting. Round or square safety connection devices with a robust body type are better suited for harsh environments, as they are more resistant to damage. Additionally, these devices are easier to install and maintain, which has increased their popularity among end-users. Another factor driving the growth of the round or square body type segment is the increasing demand for safety connection devices in various industries such as manufacturing, automotive, and healthcare. These industries require safety connection devices that are reliable and efficient, and round or square body-type devices meet these requirements.

The Asia Pacific region is expected to hold a significant share of the safety connection devices market:

The Asia Pacific region is expected to hold a significant share of the safety connection devices market. The Asia Pacific region is experiencing rapid industrialization, which has led to an increase in the use of electrical equipment. This has driven the demand for safety connection devices in various industries such as manufacturing, automotive, and healthcare. The region has seen a growing awareness of electrical hazards and the need for safety measures. This has led to an increase in demand for safety connection devices that are reliable and efficient. The region has various government bodies that regulate the safety connection devices market. These organizations provide standards and guidelines for the safe use of electricity, which drives the market for safety connection devices.

Key developments:

  • In April 2023, TE Connectivity presented the new EV Single Wall (EVSW) tubing explicitly intended for high voltage applications and securely protecting and safeguarding conductive parts and links.
  • In July 2021, Banner Engineering Corporation presented the T30R radar sensor, a long-range, superior execution sensor that gives solid discovery and position criticism in outrageous circumstances where ultrasonic and laser sensors fall flat.

 

Segments

  • By Product
    • Round or Square Body Type
    • Non-lighted Push Button
    • Others
  • By Type
    • Cables and Cords
    • Connectors
    • Gateways
  • By Application
    • Automotive
    • Manufacturing
    • Energy and Powers
    • Healthcare
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. SAFETY CONNECTION DEVICES MARKET, BY PRODUCT

5.1. Introduction

5.2. Round or Square Body Type

5.3. Non-lighted Push Button

5.4. Others

6. SAFETY CONNECTION DEVICES MARKET, BY TYPE

6.1. Introduction

6.2. Cables and Cords

6.3. Connectors

6.4. Gateways

7. SAFETY CONNECTION DEVICES MARKET, BY APPLICATION

7.1. Introduction

7.2. Automotive 

7.3. Manufacturing

7.4. Energy and Powers

7.5. Healthcare

7.6. Others

8. SAFETY CONNECTION DEVICES MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. ABB Ltd.

10.2. Rockwell Automation

10.3. Advantech Co.

10.4. Schneider Electric

10.5. TE Connectvity Ltd.

10.6. Banner Engineering Corporation

10.7. Seimens Ag


ABB Ltd.

Rockwell Automation

Advantech Co.

Schneider Electric

TE Connectivity Ltd.

Banner Engineering Corporation

Siemens Ag