Product Code: VMR11213556
The global demand for Emergency Stop Switches Market is presumed to reach the market size of nearly USD 4.75 Billion by 2032 from USD 2.55 Billion in 2023 with a CAGR of 7.15% under the study period 2024-2032.
Emergency Stop Switch is a push-button device connected in series with the control circuitry of a machine. Also called a kill switch or e-stop is used to shut down or disable an operating machine, equipment, a device or, a program under emergency situations without causing any damage. This critical human-machine interface device is easy to operate, fail-safe, and highly conspicuous. It is used in many industrial applications and public facilities to prevent workplace injuries and deaths. They are used in railways, ships, monster trucks, escalators, gym equipment, machines, amusement rides and even in software applications like smartphones, robots to avoid theft.
MARKET DYNAMICS
The flourishing manufacturing sector with a great emphasis on public safety along with machine safety will be the main driver for this market. Rapid industrialization and increased government spending for effective management of industrial machinery will boost the market growth. With the advent of IoT and wireless technologies, the use of remote-controlled emergency switches is becoming a big market booster. Meteoric rise of urban areas will augment the growth of this market in areas like amusement parks, escalators, etc. This market will have a minimal impact due to COVID-19 pandemic as e-stop switches are a critical part of our lives. The main restraining factor for the growth of this market is the costs involved in the incorporation of these switched in already existing machinery setup.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Emergency Stop Switches. The growth and trends of Emergency Stop Switches industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Emergency Stop Switches market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Pull Release
- Turn Release
- Key Release
By Application
- CNC Equipment
- Elevators
- Medical Testing Equipment
- Machinery & Equipment
- Others (Conveyor Belts, Robotics, etc.)
By End-use Industry
By Distribution Channel
- Online
- Offline (Direct Sales, Indirect Sales)
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Emergency Stop Switches market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Emergency Stop Switches market include ASSA ABLOY, EAO Corporation, Eaton Corporation Inc., E. Dold & SoHne GmbH & Co. KG, General Electric Company, Honeywell Micro Switch, IDEC Corporation, NKK Switches OF America INC., REES Inc., Safety Technology International Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. EMERGENCY STOP SWITCHES - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End-use Industry
- 3.7.4 Market Attractiveness Analysis By Distribution Channel
- 3.7.5 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL EMERGENCY STOP SWITCHES MARKET ANALYSIS BY TYPE
- 5.1. Overview By Type
- 5.2. Historical and Forecast Data
- 5.3. Analysis By Type
- 5.4. Pull Release Historic and Forecast Sales By Regions
- 5.5. Turn Release Historic and Forecast Sales By Regions
- 5.6. Key Release Historic and Forecast Sales By Regions
6. GLOBAL EMERGENCY STOP SWITCHES MARKET ANALYSIS BY APPLICATION
- 6.1. Overview By Application
- 6.2. Historical and Forecast Data
- 6.3. Analysis By Application
- 6.4. CNC Equipment Historic and Forecast Sales By Regions
- 6.5. Elevators Historic and Forecast Sales By Regions
- 6.6. Medical Testing Equipment Historic and Forecast Sales By Regions
- 6.7. Machinery & Equipment Historic and Forecast Sales By Regions
- 6.8. Others (Conveyor Belts, Robotics, etc.) Historic and Forecast Sales By Regions
7. GLOBAL EMERGENCY STOP SWITCHES MARKET ANALYSIS BY END-USE INDUSTRY
- 7.1. Overview By End-use Industry
- 7.2. Historical and Forecast Data
- 7.3. Analysis By End-use Industry
- 7.4. Commercial Historic and Forecast Sales By Regions
- 7.5. Industrial Historic and Forecast Sales By Regions
8. GLOBAL EMERGENCY STOP SWITCHES MARKET ANALYSIS BY DISTRIBUTION CHANNEL
- 8.1. Overview By Distribution Channel
- 8.2. Historical and Forecast Data
- 8.3. Analysis By Distribution Channel
- 8.4. Online Historic and Forecast Sales By Regions
- 8.5. Offline (Direct Sales, Indirect Sales) Historic and Forecast Sales By Regions
9. GLOBAL EMERGENCY STOP SWITCHES MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
- 9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
- 9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
- 9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
- 9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis
10. COMPETITIVE LANDSCAPE OF THE EMERGENCY STOP SWITCHES COMPANIES
- 10.1. Emergency Stop Switches Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11. COMPANY PROFILES OF EMERGENCY STOP SWITCHES INDUSTRY
- 11.1. Top Companies Market Share Analysis
- 11.2. Market Concentration Rate
- 11.3. ASSA ABLOY
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
- 11.4. EAO Corporation
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
- 11.5. Eaton Corporation Inc.
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
- 11.6. E. Dold & SoHne GmbH & Co. KG
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
- 11.7. General Electric Company
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
- 11.8. Honeywell Micro Switch
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
- 11.9. IDEC Corporation
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
- 11.10. NKK Switches OF America INC.
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
- 11.11. REES Inc.
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
- 11.12. Safety Technology International Inc
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies