Global Safety Actuators Markets Report 2023: A $1.48 Billion Industry by 2029 - Robotics and Automation Drive Demand for High-Performance Actuators
Integration of the Internet of Things and Industry 4.0 are driving the Global Safety Actuators Market.
- Integration of the Internet of Things and Industry 4.0 are driving the Global Safety Actuators Market.
- The Global Safety Actuators Market is expected to generate USD 1481.61 million by the end of 2029, up from USD 857.06 million in 2022.
- Increases in manufacturing plants, and the automotive sector, have emerged as key drivers for the global Safety Actuators market.
- The increasing demand for enhanced performance in robotics and automation safety actuators across various industries is driving the development of advanced actuators such as electric actuators, compact pneumatic actuators, and explosion-proof actuators.