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(India.CityRegions.Com, September 18, 2018 ) According to Verified Market Intelligence, the Global Machine Safety Market was valued at USD 3.96 Billion in 2017 and is projected to reach USD 6.03 Billion by 2025, growing at a CAGR of 5.4% from 2018 to 2025.
Many people or workers working in different industries are exposed to numerous injuries caused due to different machines and equipment such as cutting edges, revolving shafts, gears, chains, rotating blades, and levers. Machine safety is very crucial to prevent the injury or loss of life of workers. Supervisors make sure that the machine safety measures are taken by the employees and ensure the maintenance of the well-trained workforce in order to avoid accidents caused by the machines.
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Increasing number of industrial accidents, growing demand of presence-sensing safety devices, strict government regulations and obligatory safety standards have been driving the global machine safety market. While a failure of workers protection from industrial hazards and additional machine safety systems costs acts a potential restraint for the overall market at a global level.
The “Global Machine Safety Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as ABB, AeroVironment, Chargepoint, Engie, Tesla, Schneider Electric, Siemens and Efacec. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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About Us: Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information: Verified Market Research Contact Person: Ankush Tel: +1650781 4080 Email us: sales@verifiedmarketresearch.com
Verified Market Research
Amaan Kazi
+1 (650) 781 4080
amaankazi@verifiedmarketresearch.com
Source: EmailWire.Com
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