Global Safety Switches Market Share

Statistics for the 2023 & 2024 Global Safety Switches market share, created by Mordor Intelligence™ Industry Reports. Global Safety Switches share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Global Safety Switches Industry

The market is fragmented, with many companies developing expansion strategies, due to the availability of several players offering safety switches has intensified the competition in the market. In the near future, many significant company acquisitions and partnerships with an emphasis on innovation are anticipated. Rockwell Automation Inc. and Schneider Electric are two of the market's major participants.

  • August 2022 - Rockwell Automation, Inc., the world's largest company dedicated to industrial automation and digital transformation, announced an unprecedented partnership with Bravo Motor Company, a California-based business offering applied innovation around decarbonization, with a focus on the production of batteries, vehicles, and energy-storage systems.
  • July 2022 - Eaton reinvests in North Carolina's Triangle region to meet growing customer demand for sustainable data centers and EV charging infrastructure. This move enables Eaton to support further increasing customer demand for data center management technology and electric vehicle (EV) charging infrastructure solutions.

Safety Switches Market Leaders

  1. Rockwell Automation

  2. Banner Engineering Corp.

  3. Eaton Corporation

  4. Schneider Electric

  5. Euchner GmbH

*Disclaimer: Major Players sorted in no particular order

Global Safety Switches Market

Safety Switch Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)