Machine Safety Market Report 2026

The machine safety market size has grown strongly in recent years. It will grow from $6.17 billion in 2025 to $6.68 billion in 2026 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to stricter workplace safety norms, industrial automation growth, reduction of workplace accidents, expansion of manufacturing facilities, adoption of safety relays.

The machine safety market size is expected to see strong growth in the next few years. It will grow to $9.16 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to integration of safety with iiot, growth of collaborative robots, demand for real-time safety monitoring, smart factory expansion, regulatory enforcement. Major trends in the forecast period include rising adoption of functional safety systems, integration with industrial automation, demand for smart safety devices, expansion of robotics safety solutions, compliance with safety regulations.

The implementation of strict machine safety mandates is expected to drive the growth of the machine safety market during the forecast period. Rising workplace accidents and inadequate public safety management have prompted various government and international organizations to introduce stringent machine safety regulations for workplace machinery. These mandates aim to ensure safer machinery use and improve overall safety management. For example, in December 2024, Industrial Safety & Hygiene News, a US-based media and publishing company, reported that a worker died every 99 minutes from a work-related injury in 2023, compared to every 96 minutes in 2022. Consequently, these strict safety mandates are fueling the growth of the machine safety market.

Leading companies in the machine safety market are concentrating on developing electronic circuit protection devices to improve operational safety, prevent equipment damage, and minimize downtime by effectively protecting machinery from electrical faults and overloads. Electronic circuit protection devices are specialized components designed to safeguard electrical circuits from overcurrent, overvoltage, short circuits, and thermal overloads. This innovation not only enhances safety but also supports energy efficiency in line with standards such as ISO 50001. For instance, in March 2024, Siemens AG, a Germany-based company, launched SENTRON ECPD, an electronic circuit protection device. The SENTRON ECPD can disconnect circuit faults up to 1,000 times faster than traditional devices, significantly reducing the risk of damage during electrical faults. Additionally, it occupies up to 80% less space in distribution boards compared to conventional solutions, making it ideal for modern electrical planning.

In January 2024, Clarion Safety Systems, a US-based provider of safety labels, signs, tags, and workplace-safety signage, acquired Arrow Industrial Solutions for an undisclosed amount. This acquisition allowed Clarion Safety Systems to enhance its end-to-end machine safety offerings by integrating full-service machine guarding, safety-compliance solutions, and on-site safety system installations into its portfolio. Arrow Industrial Solutions, a US-based company, provides turnkey machine-safeguarding services, including mechanical guarding, control-reliable safety systems, safety-device installation, and compliance consulting.

Major companies operating in the machine safety market are 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 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the machine safety market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the machine safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

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