Global Intrinsic Safety Modules Market 2017-2021

About Intrinsic Safety Modules

Intrinsic safety modules are connected with sensors and relays, which are responsible for checking the fluctuations in power supply that may lead to a short circuit in the entire network. Intrinsic safety modules are important because they connect intrinsically safe-rated equipment such as transmitters, solenoids, sensors, and encapsulated assemblies. They are more cost-effective than other technologies used for protection from hazardous operations or other protective devices that are installed.

Technavio’s analysts forecast the global intrinsic safety modules market to grow at a CAGR of 5.81% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global intrinsic safety modules market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Intrinsic Safety Modules Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Eaton
• Rockwell Automation
• Schneider Electric
• Siemens

Other prominent vendors
• ABB
• Pepperl+ Fuchs
• OMEGA
• Rotork
• IMI Sensors
• Extronics

Market driver
• High demand for process automation in emerging markets
• For a full, detailed list, view our report

Market challenge
• Applicable only for low power circuits
• For a full, detailed list, view our report

Market trend
• Emergence of intrinsically safe wireless pressure sensors
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.



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