New York, NY -- (SBWIRE) -- 07/19/2018 -- Area Sensors Market: Overview

The deployment of electric gears in risky areas has always been a subject of concern. Pushed further by the execution of government directives, stability in unstable zones and growing requirement to achieve precision globally, the Area Sensors Market has done well in the last few years. The global area sensors market is ready to witness growth over the forecast period owing to the growing importance of safety and security in various sectors, such as the paint production industry, compound plants, material factories, oil refineries and others.

Area Sensors Market: Drivers

Economically feasible installation and maintenance services offered by Area Sensor vendors will drive the global Area Sensors Market during the forecast period. Strict industrial safety rules and regulations legislated by governments across the globe will urge industries to use Area Sensors and other presence detection equipment in their work space. Increasing disposable income and growing demand for industrial automation are some of the other factors anticipated to drive the global Area Sensors Market during the forecast period.

Area Sensors Market: Segmentation

On the basis of industry vertical, the global Area Sensors market can be segmented into following:

Electronics and Semiconductors
Food and Beverages
Automotive
Defense
Aerospace and Avionics
Medical and Pharmaceuticals
Transportation and Logistics
Others

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On the basis of application, the global Area Sensors market can be segmented into:

Robotic Handling
Warehouse Doors
Picking Systems
Others
Area Sensors Market: Regional Outlook

The Asia Pacific is expected to lead the Area Sensors Market throughout the forecast period due to steady economic growth in APAC countries, such as India and South Korea. Also, increasing implementation of safety measures by industries is expected to be a driving factor for the Area Sensors Market in the region.

The growth of the Area Sensors Market in North America is anticipated to be as significant as in Asia Pacific owing to continuous legacy system upgrades and rising demand for area sensors replacements. The European region is considered to be rather mature and therefore, it is expected to register sluggish growth in the Area Sensors Market.

Area Sensors Market: Key Players

Few of the major players operating in the Global Area Sensors Market include Siemens AG; Endress and Hauser; Honeywell International, Inc.; Yokogawa Electric Corporation; ABB Group; Mettler-Toledo International, Inc.; SICK AG; Eaton Corporation Plc; Neo Monitors AS and Servomex Group, Ltd., among others.

The Area Sensors Market Report covers exhaustive analysis on:

Area Sensors Market Segments

Area Sensors Market Segments
Historical Actual Market Size, 2012 - 2016
Area Sensors Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Area Sensors Market Current Trends/Issues/Challenges
Competition & Companies involved
Pedestrian entrance control system Technology
Value Chain
Area Sensors Market Drivers and Restraints

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