Lucintel Forecasts the Global Guard Locking Switch Market is expected to grow with a CAGR of 7.1% from 2025 to 2031
Lucintel Forecasts the Global Guard Locking Switch Market is expected to grow with a CAGR of 7.1% from 2025 to 2031
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According to a market report by Lucintel, the future of the global guard locking switch market looks promising with opportunities in the high inertia rotating machine and fast rotating machine markets. The global guard locking switch market is expected to grow with a CAGR of 7.1% from 2025 to 2031. The major drivers for this market are increasing automation in industries, rising safety regulations, and growing industrial regulations.
A more than 150-page report to understand trends, opportunity and forecast in guard locking switch market to 2031 by type (electrical and mechanical), application (high inertia rotating machine, fast rotating machine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, electrical is expected to witness higher growth over the forecast period due to increasing automation and safety requirements.
Within the application category, fast rotating machine is expected to witness higher growth due to increasing automation and efficiency needs.
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In terms of region, APAC is expected to witness the highest growth over the forecast period due to rise in industrial automation advancements.
Rockwell Automation, SMC Electric, TS Industrial, CBT Company, Turck are the major suppliers in the guard locking switch market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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