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(MoneyNewsWire.Net, September 30, 2017 ) The MEA Safety Connection Devices market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of 8.85% during the forecast period of 2017 – 2022. Safety connection devices are complete wiring solutions dedicated to machine safety. They help reduce the installation and maintenance cost, ease expansion, simplify troubleshooting and provide system modularity while facilitating safety.
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The Middle East and Africa (MEA) has witnessed growth due to the booming oil industry. However, recent fall in oil prices will affect investments and in turn, influence the safety connection devices market. The manufacturing sector is booming with the growth in its extensive industrial zones and the clusters of concentrated large cities in the vicinity. With the growth in the Middle Eastern economies, these zones and clusters will grow in number and size. However, the lack of skilled resources could be a potential threat to the growth of this industry.
This report examines the overall marketplace for safety connection devices market in the Middle East and Africa region discussing in detail the drivers and restraints of the market. In addition, the report gives insights into the growth prospect of the various industrial segments across the geographies.
This report also consists of a study on major companies that provide safety sensors in MEA. The Middle East and Africa safety connection devices market is broadly segmented on based on their types, end-user industry and geography. Based on their applications, the market has been segmented into safety wiring systems, cables and connectors. As per their end-users, it has been categorized into various segments such as manufacturing, automotive, healthcare, industrial and others. Some of the market players mentioned in the report are Solomon Technology Corp., SUMELEC Vizcaya, Allend-bradlley, ASTRE Engineering Tunisie and more.
Drivers
Technological advancements, safety requirements, variable designs are some of the key drivers of the safety connection devices market.
Challenges
The associated high product costs and lack of awareness are the possible market constraints.
What the report offers
Market definition for the Middle East and Africa safety connection devices market, along with the identification of key drivers and restraints.
Market analysis for the Middle East and Africa safety connection devices market, with region-specific assessments.
Identification of factors instrumental in changing the market scenario, giving prospective opportunities and the identification of key companies that can influence the market on the global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect the Middle East and Africa safety connection devices on both the global and regional front.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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Table of Content :
Introduction
Research Methodology
Key Findings of the Study
Executive Summary
Market Overview
3.1 Introduction
3.2 Industry Value -Chain Analysis
3.3 Industry Attractiveness - Porter's Five Forces Analysis
3.4 Industry Policies
Market Dynamics
4.1 Introduction
4.2 Drivers
4.3 Restraints
Technology Snapshot
Middle East and Africa Safety Connection Devices Market Forecast
6.1 Middle East and Africa Safety Connection Devices Market by Type
6.2 Middle East and Africa Safety Connection Devices Market by End-User Industry
6.3 Middle East and Africa Safety Connection Devices Market by Country
Vendor Market Share
Company Profiles
8.1 Rockwell Automation
8.2 Solomon Technology Corp.
8.3 Allend-bradlley
8.4 ASTRE Engineering Tunisie
8.5 Vaico
8.6 M and M Electronics
8.7 Electro Systems
8.8 ND Electric Co., LTD.
Investment Analysis
9.1 Recent Mergers and Acquisitions
9.2 Investment Outlook
Future of Middle East and Africa Safety Connection Devices Market
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