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Machine Safety Market Report 2025

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    Report

  • 200 Pages
  • February 2025
  • Region: Global
  • The Business Research Company
  • ID: 5752114
This Machine Safety market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The machine safety market size has grown strongly in recent years. It will grow from $5.76 billion in 2024 to $6.26 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increased awareness of occupational hazards and accidents, growth in industrial automation and manufacturing activities, need for preventing accidents and ensuring worker safety, focus on employee welfare and health in workplaces, stringent enforcement of safety regulations in industries.

The machine safety market size is expected to see strong growth in the next few years. It will grow to $8.76 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to integration of machine safety systems with industrial iot (iiot) platforms, demand for machine learning and ai-powered safety solutions, expansion of robotics and collaborative robot (cobot) applications, focus on human-machine collaboration and safe interaction, research and development in next-generation safety devices and systems. Major trends in the forecast period include machine learning for predictive safety analysis, emergency stop devices and alarms, safety plcs and programmable safety systems, real-time monitoring and reporting of safety incidents, safety interlock switches and lockout/tagout systems.

The implementation of strict machine safety mandates is anticipated to drive the growth of the machine safety market during the forecast period. In response to rising workplace accidents and inadequate public safety management, numerous government and international organizations are enforcing stringent machine safety mandates for workplace machinery. These regulations are designed to facilitate safer machinery use and enhance safety management. For example, in July 2024, a report from The ADAS & Autonomous Vehicle International, a Germany-based news outlet, highlighted that the New Vehicle General Safety Regulation (GSR2), also known as Regulation (EU) 2019/2144, sets updated minimum performance standards for motor vehicles in the EU. This regulation requires the integration of various advanced driver assistance systems (ADAS), such as Intelligent Speed Assist (ISA), Autonomous Emergency Braking (AEB), Driver Drowsiness and Attention Warning (DDAW), and Emergency Lane-Keeping Systems (ELKS). Consequently, the strict machine safety mandates are driving the machine safety market.

The rising demand in the oil and gas industry is expected to further propel the growth of the machine safety market. The global oil and gas industry, covering exploration, extraction, refining, distribution, and marketing of petroleum products, necessitates machine safety measures for worker protection, asset preservation, and environmental conservation. Implementing machine safety practices in this sector enhances operational efficiency and ensures compliance with legal and regulatory requirements. Notably, in October 2023, the U.S. Energy Information Administration reported an increase in U.S. crude oil output to 12.4 million b/d in 2023, up from the record-high of 11.7 million b/d in 2022. Additionally, in September 2022, the U.S. consumed an average of 86.6 billion cubic feet of natural gas per day (Bcf/d) in 2022, marking the highest annual consumption compared to the previous year. The growing demand in the oil and gas industry is thus expected to drive the machine safety market.

Major companies in the machine safety market are focused on launching machine safety websites to improve access to safety resources, offer comprehensive training materials, streamline compliance documentation, and enable real-time communication between manufacturers. Machine safety websites are online platforms created to deliver resources, information, and tools related to machine safety practices and compliance. These websites provide customized machine guarding solutions tailored to the specific requirements of each client and their machinery, rather than offering generic alternatives. For example, in March 2022, the Machine & Process Safety Assessment Group, a US-based company, introduced mpsasafety.com, a machine safety website. MPSA offers precise machine stop-time analysis, which is essential for the effective installation of safety systems such as light curtains. Additionally, MPSA has a dedicated engineering team that can develop new safety solutions or re-engineer existing systems, which is particularly advantageous when original schematics are not available.

Major companies in the machine safety market are concentrating on the development of electronic circuit protection devices to enhance operational safety, prevent equipment damage, and reduce downtime by effectively safeguarding machinery against electrical faults and overloads. Electronic Circuit Protection Devices are specialized components designed to protect electrical circuits from various fault conditions, including overcurrent, overvoltage, short circuits, and thermal overloads. This innovation not only improves safety but also promotes energy efficiency in accordance with standards such as ISO 50001. For example, in March 2024, Siemens AG, a Germany-based company, introduced the SENTRON ECPD, an electronic circuit protection device. The SENTRON ECPD can disconnect circuit faults up to 1,000 times faster than traditional devices, significantly lowering the risk of damage during electrical faults. Additionally, the device occupies up to 80% less space in distribution boards compared to conventional solutions, making it more suitable for modern electrical planning.

In June 2022, Clarion Safety Systems acquired Machine Safety Specialists for an undisclosed amount. This strategic acquisition aims to expand risk compliance and assessment offerings, providing clients with additional consulting and machine safety training services. Machine Safety Specialists, specializing in OSHA machine guarding, risk assessment, and safety training, complements Clarion's portfolio in the safety systems industry.

Major companies operating in the machine safety market include ABB Group, Schneider Electric SE, Honeywell International Inc., Emerson Electric Co., Rockwell Automation Inc., Siemens AG, Mitsubishi Electric Corporation, Keyence Corporation, OMRON Corporation, SICK AG, B&R Industrial Automation GmbH, Pilz GmbH & Co. KG, IDEC Corporation, ISE Controls Pvt. Ltd., Banner Engineering Corp., Fortress Interlocks Ltd., Pepperl+Fuchs GmbH, STI GmbH, Hans Turck GmbH & Co. KG, Yokogawa Electric Corporation, Leuze electronic GmbH + Co. KG, Balluff GmbH, Datalogic S.p.A., Euchner-USA Inc., Schmersal Group, Wieland Electric GmbH.

Western Europe was the largest region in the machine safety market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global machine safety industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the machine safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Machine safety involves the use of sensors, devices, or switches to control workplace accidents and enhance production efficiency. Its primary goal is to safeguard workers from the hazards associated with machinery and its potential detrimental effects. Machine safety controllers play a crucial role in monitoring both safety and non-safety input devices, enabling safe stop and start functions for machines with motion.

The main types of machine safety implementations include individual and embedded components. Individual machine safety components are utilized for specific machine elements, encompassing structural components, mechanics, and control components. These individual components, also known as hardware, consist of presence sensing safety sensors, safety interlock switches, safety controllers/modules/relays, programmable safety systems, emergency stop controls, and two-hand safety controls. Various systems, such as those in assembly, material handling, metalworking, packing, robotics, and others, require the incorporation of machine safety measures. Industries such as chemicals, food and beverages, aircraft and military, automotive, semiconductor and electronics, healthcare and pharmaceuticals, metals and mining, and more, make use of machine safety for their operations.

The machine safety market research report is one of a series of new reports that provides machine safety market statistics, including machine safety industry global market size, regional shares, competitors with a machine safety market share, detailed machine safety market segments, market trends and opportunities, and any further data you may need to thrive in the machine safety industry. This machine safety market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The machine safety market consists of sales of safety sensors, safety interlock switches, and safety controllers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Machine Safety Market Characteristics3. Machine Safety Market Trends and Strategies4. Machine Safety Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market
5. Global Machine Safety Growth Analysis and Strategic Analysis Framework
5.1. Global Machine Safety PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Machine Safety Market Growth Rate Analysis
5.4. Global Machine Safety Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Machine Safety Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Machine Safety Total Addressable Market (TAM)
6. Machine Safety Market Segmentation
6.1. Global Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Individual Components
  • Embedded Components
6.2. Global Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Presence Sensing Safety Sensors
  • Safety Interlock Switches
  • Safety Controllers/Modules/Relays
  • Programmable Safety Systems
  • Emergency Stop Controls
  • Two-Hand Safety Controls
6.3. Global Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Assembly
  • Material Handling
  • Metal Working
  • Packaging
  • Robotics
  • Other Systems
6.4. Global Machine Safety Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Oil and Gas
  • Energy and Power
  • Chemicals
  • Food and Beverages
  • Aerospace and Defense
  • Automotive
  • Semiconductor and Electronics
  • Healthcare and Pharmaceuticals
  • Metals and Mining
  • Other Industries
6.5. Global Machine Safety Market, Sub-Segmentation of Individual Components, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Safety Sensors
  • Safety Relays and Controllers
  • Emergency Stop Devices
  • Safety Switches and Interlocks
6.6. Global Machine Safety Market, Sub-Segmentation of Embedded Components, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Integrated Safety Systems
  • Safety-Integrated Controllers
  • Embedded Safety Software
  • Functional Safety Modules
7. Machine Safety Market Regional and Country Analysis
7.1. Global Machine Safety Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Machine Safety Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Machine Safety Market
8.1. Asia-Pacific Machine Safety Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Machine Safety Market
9.1. China Machine Safety Market Overview
9.2. China Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Machine Safety Market
10.1. India Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Machine Safety Market
11.1. Japan Machine Safety Market Overview
11.2. Japan Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Machine Safety Market
12.1. Australia Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Machine Safety Market
13.1. Indonesia Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Machine Safety Market
14.1. South Korea Machine Safety Market Overview
14.2. South Korea Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Machine Safety Market
15.1. Western Europe Machine Safety Market Overview
15.2. Western Europe Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Machine Safety Market
16.1. UK Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Machine Safety Market
17.1. Germany Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Machine Safety Market
18.1. France Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Machine Safety Market
19.1. Italy Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Machine Safety Market
20.1. Spain Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Machine Safety Market
21.1. Eastern Europe Machine Safety Market Overview
21.2. Eastern Europe Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Machine Safety Market
22.1. Russia Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Machine Safety Market
23.1. North America Machine Safety Market Overview
23.2. North America Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Machine Safety Market
24.1. USA Machine Safety Market Overview
24.2. USA Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Machine Safety Market
25.1. Canada Machine Safety Market Overview
25.2. Canada Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Machine Safety Market
26.1. South America Machine Safety Market Overview
26.2. South America Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Machine Safety Market
27.1. Brazil Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Machine Safety Market
28.1. Middle East Machine Safety Market Overview
28.2. Middle East Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Machine Safety Market
29.1. Africa Machine Safety Market Overview
29.2. Africa Machine Safety Market, Segmentation by Implementation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Machine Safety Market, Segmentation by Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Machine Safety Market, Segmentation by System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Machine Safety Market Competitive Landscape and Company Profiles
30.1. Machine Safety Market Competitive Landscape
30.2. Machine Safety Market Company Profiles
30.2.1. ABB Group Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Schneider Electric SE Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Honeywell International Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Emerson Electric Co. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Rockwell Automation Inc. Overview, Products and Services, Strategy and Financial Analysis
31. Machine Safety Market Other Major and Innovative Companies
31.1. Siemens AG
31.2. Mitsubishi Electric Corporation
31.3. Keyence Corporation
31.4. OMRON Corporation
31.5. SICK AG
31.6. B&R Industrial Automation GmbH
31.7. Pilz GmbH & Co. KG
31.8. IDEC Corporation
31.9. ISE Controls Pvt. Ltd.
31.10. Banner Engineering Corp.
31.11. Fortress Interlocks Ltd.
31.12. Pepperl+Fuchs GmbH
31.13. STI GmbH
31.14. Hans Turck GmbH & Co. KG
31.15. Yokogawa Electric Corporation
32. Global Machine Safety Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Machine Safety Market34. Recent Developments in the Machine Safety Market
35. Machine Safety Market High Potential Countries, Segments and Strategies
35.1 Machine Safety Market in 2029 - Countries Offering Most New Opportunities
35.2 Machine Safety Market in 2029 - Segments Offering Most New Opportunities
35.3 Machine Safety Market in 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Machine Safety Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on machine safety market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

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  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
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  • Benchmark performance against key competitors.
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  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for machine safety? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The machine safety market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) Covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Implementation: Individual Components; Embedded Components
2) By Component: Presence Sensing Safety Sensors; Safety Interlock Switches; Safety Controllers/Modules/Relays; Programmable Safety Systems; Emergency Stop Controls; Two-Hand Safety Controls
3) By System: Assembly; Material Handling; Metal Working; Packaging; Robotics; Other Systems
4) By Industry: Oil and Gas; Energy and Power; Chemicals; Food and Beverages; Aerospace and Defense; Automotive; Semiconductor and Electronics; Healthcare and Pharmaceuticals; Metals and Mining; Other Industries

Subsegments:

1) By Individual Components: Safety Sensors; Safety Relays and Controllers; Emergency Stop Devices; Safety Switches and Interlocks
2) By Embedded Components: Integrated Safety Systems; Safety-Integrated Controllers; Embedded Safety Software; Functional Safety Modules

Key Companies Mentioned: ABB Group; Schneider Electric SE; Honeywell International Inc.; Emerson Electric Co.; Rockwell Automation Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

Some of the major companies featured in this Machine Safety market report include:
  • ABB Group
  • Schneider Electric SE
  • Honeywell International Inc.
  • Emerson Electric Co.
  • Rockwell Automation Inc.
  • Siemens AG
  • Mitsubishi Electric Corporation
  • Keyence Corporation
  • OMRON Corporation
  • SICK AG
  • B&R Industrial Automation GmbH
  • Pilz GmbH & Co. KG
  • IDEC Corporation
  • ISE Controls Pvt. Ltd.
  • Banner Engineering Corp.
  • Fortress Interlocks Ltd.
  • Pepperl+Fuchs GmbH
  • STI GmbH
  • Hans Turck GmbH & Co. KG
  • Yokogawa Electric Corporation
  • Leuze electronic GmbH + Co. KG
  • Balluff GmbH
  • Datalogic S.p.A.
  • Euchner-USA Inc.
  • Schmersal Group
  • Wieland Electric GmbH

Table Information