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Global Safety Light Curtains Market to Reach $1 2 Billion by 2026

One Dimensional Optical Position Sensor Market Business Opportunity, Segmentation, Industry Overview and Forecast till 2027 – KSU

One Dimensional Optical Position Sensor Market Business Opportunity, Segmentation, Industry Overview and Forecast till 2027 – KSU
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SCADA Market Worth $57 2 billion by 2028 - Exclusive Report by Meticulous Research®

 by Component (Hardware, Software, Services), Deployment Mode (On-premise, Cloud-based, Hybrid), End User (Oil & Gas, Automotive, Food & Beverage, Power, Semiconductors & Electronics, Chemicals & Materials)– Global Forecast to 2028 , the SCADA market is expected to grow at a CAGR of 14.7% from 2021 to reach $57.2 billion by 2028. The increasing demand for automated industrial control solutions and growing investment for installing automated and connected process & control systems to gain efficiency over human labor-based operations are some of the major drivers for the growth of this market. Several companies are investing in automation technologies to gain cost-saving and productivity benefits. Additionally, the innovation of cloud-based SCADA systems offering enhanced collaboration and control over different processes and operations will propel the demand for SCADA systems in the coming years. However, the risk of cyber-attacks is a major challenge for the SCADA market.

Safety Brake Market 2021 Global Industry Size, Share, Business Growth, Revenue|Dellner Brakes, Ellard, Safety Brake & Clutch, Safety Brake Set, SITEMA, etc – KSU

Safety Brake Market 2021 Global Industry Size, Share, Business Growth, Revenue|Dellner Brakes, Ellard, Safety Brake & Clutch, Safety Brake Set, SITEMA, etc – KSU
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Global Industrial Monitoring Relay Market (2021 to 2026) - Renewable Energy Sector to Drive Growth

Share this article Share this article ResearchAndMarkets.com s offering. The global industrial monitoring relay market is expected to grow at a compound annual growth rate of 3.43% over the forecast period to reach a market size of US$144.899 billion in 2026 from US$118.383 billion in 2020. Monitoring relays are used to verify conditions in the power system or the protective system, including fault detection, voltage checking, and direction sensing. It simply works as safety equipment for protecting the circuit. The rising demand for monitoring and detection of abnormal power system condition is the major factor for the growth of the industrial monitoring relay market. Growing industrialization and safety of equipment used in various industries is expected to drive the growth of the global industrial relay market during the forecast period. However, high dependency on circuit breakers is hindering the growth of the market to some extent.

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