+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Safety Programmable Controllers Global Market Report 2024

  • PDF Icon

    Report

  • 175 Pages
  • June 2024
  • Region: Global
  • The Business Research Company
  • ID: 5980521
The safety programmable controllers market size has grown strongly in recent years. It will grow from $5.2 billion in 2023 to $5.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The expansion observed in the historical period can be attributed to several factors, including the rising incidents of industrial accidents prompting heightened awareness of safety measures, a growing focus on risk management to mitigate workplace hazards, increased attention to worker safety initiatives, industrial growth in emerging markets driving the demand for safety solutions, and the escalating complexity of industrial processes necessitating advanced safety protocols.

The safety programmable controllers market size is expected to see strong growth in the next few years. It will grow to $6.77 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The forecasted growth is driven by increasing automation adoption, 5G network integration, industrial IoT trends, Industry 4 adoption, and high demand for PLCs. Major trends include technological advancements, safety feature integration, compliance with safety standards, and Industry 4.0/IoT integration.

The increasing adoption of automation systems is anticipated to drive the growth of the safety programmable controller market in the coming years. Automation systems consist of hardware and software components that collaborate to automate processes or operations traditionally requiring human intervention. The rising demand for automation systems stems from the benefits they offer in terms of quality enhancement, scalability, and operational efficiency. Safety programmable controllers, a subset of automation systems, automate safety-related tasks such as emergency shutdowns, fault detection, and machine guarding. By reducing the need for continuous human monitoring, these controllers enhance efficiency, leading to increased output levels and optimal resource utilization for businesses. For example, data from October 2022, provided by the International Federation of Robotics, indicated a 31% year-over-year growth rate with 517,385 new industrial robots installed worldwide in 2021. This growth underscores the impact of automation adoption on the demand for safety programmable controllers.

Prominent companies in the safety programmable controller market are actively developing advanced automation controllers equipped with advanced information and safety control features to gain a competitive advantage. Advanced automation controllers are sophisticated computing devices deployed in industrial automation systems to manage and monitor diverse processes and machinery. For instance, in April 2023, Omron, a Japan-based electronics company, introduced NX502 automation controllers featuring advanced information control and safety control functionalities. These controllers are engineered to support high production quality and enhance energy productivity. They enable real-time analysis of production data, facilitate process modularization, and provide comprehensive safety control capabilities at large scales and high speeds. Such capabilities contribute to waste reduction, improved energy efficiency, and enhanced production efficiency across various industries.

In February 2023, HIMA, a Germany-based provider of automated solutions, completed the acquisition of Sella Controls in an undisclosed transaction. This strategic acquisition is aimed at expanding the product and service portfolio for railway and process industries, fostering international growth synergies, and bolstering the competitiveness of the HIMA Group. Both companies maintain a focus on safety-related automation, control solutions, and the digitalization of functional safety. Sella Controls, based in the UK, specializes in manufacturing safety programmable controllers, thus complementing HIMA's expertise in safety-related automation solutions.

Major companies operating in the safety programmable controllers market are Siemens AG, General Electric Company, Mistubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Group, Eaton Corporation, Emerson Electric Co., Rockwell Automation, Bosch Rexroth AG, Fuji Electric Co. Ltd., Omron Corporation, Keyence Corporation, Phoenix Contact GmbH & Co. KG, Yokogawa Electric Corporation, Sick AG, Advantech Co. Ltd., WAGO, Beckhoff Automation GmbH & Co. KG, Hans Turck GmbH & Co. KG, B&R Industrial Automation GmbH, Banner Engineering Corp., IDEC Corporation, Pilz GmbH & Co. KG, Leuze electronic Pvt. Ltd., Treotham Automation Pty Ltd.

North America was the largest region in the safety programmable market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the safety programmable controllers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the safety programmable controllers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Safety programmable controllers, also referred to as safety PLCs (programmable logic controllers), are specialized devices meticulously crafted to guarantee the secure operation of machinery and industrial processes. These controllers offer diagnostic functionalities, enabling operators to monitor the status of safety devices, diagnose issues, and conduct preventive maintenance to uphold ongoing safety compliance.

The primary types of safety programmable controllers encompass modular, compact, and various other configurations. Modular controllers feature a design that allows for the assembly of customized systems by integrating interchangeable modules, facilitating scalability and tailored solutions to cater to diverse safety requirements. These controllers utilize various technologies, including traditional, safety, and hybrid approaches, and find application across a spectrum of industries such as automotive, oil and gas, energy and power, pharmaceuticals, among others.

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

The safety programmable controllers market consists of revenues earned by entities by providing services such as safety logic, fault tolerance, safe communication, monitoring and diagnostics, flexibility, and programmability. The market value includes the value of related goods sold by the service provider or included within the service offering. The safety programmable controllers market includes sales of redundant processors, safety communication protocols, and safety memory modules. 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. Safety Programmable Controllers Market Characteristics3. Safety Programmable Controllers Market Trends and Strategies
4. Safety Programmable Controllers Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Safety Programmable Controllers Market Size and Growth
5.1. Global Safety Programmable Controllers Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Safety Programmable Controllers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Safety Programmable Controllers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Safety Programmable Controllers Market Segmentation
6.1. Global Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Modular
  • Compact
  • Other Types
6.2. Global Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Traditional
  • Safety
  • Hybrid
6.3. Global Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automotive
  • Oil and Gas
  • Energy and Power
  • Pharmaceutical
  • Other Applications
7. Safety Programmable Controllers Market Regional and Country Analysis
7.1. Global Safety Programmable Controllers Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Safety Programmable Controllers Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Safety Programmable Controllers Market
8.1. Asia-Pacific Safety Programmable Controllers Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Safety Programmable Controllers Market
9.1. China Safety Programmable Controllers Market Overview
9.2. China Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Safety Programmable Controllers Market
10.1. India Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Safety Programmable Controllers Market
11.1. Japan Safety Programmable Controllers Market Overview
11.2. Japan Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Safety Programmable Controllers Market
12.1. Australia Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Safety Programmable Controllers Market
13.1. Indonesia Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Safety Programmable Controllers Market
14.1. South Korea Safety Programmable Controllers Market Overview
14.2. South Korea Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Safety Programmable Controllers Market
15.1. Western Europe Safety Programmable Controllers Market Overview
15.2. Western Europe Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Safety Programmable Controllers Market
16.1. UK Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Safety Programmable Controllers Market
17.1. Germany Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Safety Programmable Controllers Market
18.1. France Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Safety Programmable Controllers Market
19.1. Italy Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Safety Programmable Controllers Market
20.1. Spain Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Safety Programmable Controllers Market
21.1. Eastern Europe Safety Programmable Controllers Market Overview
21.2. Eastern Europe Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Safety Programmable Controllers Market
22.1. Russia Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Safety Programmable Controllers Market
23.1. North America Safety Programmable Controllers Market Overview
23.2. North America Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Safety Programmable Controllers Market
24.1. USA Safety Programmable Controllers Market Overview
24.2. USA Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Safety Programmable Controllers Market
25.1. Canada Safety Programmable Controllers Market Overview
25.2. Canada Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Safety Programmable Controllers Market
26.1. South America Safety Programmable Controllers Market Overview
26.2. South America Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Safety Programmable Controllers Market
27.1. Brazil Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Safety Programmable Controllers Market
28.1. Middle East Safety Programmable Controllers Market Overview
28.2. Middle East Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Safety Programmable Controllers Market
29.1. Africa Safety Programmable Controllers Market Overview
29.2. Africa Safety Programmable Controllers Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Safety Programmable Controllers Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Safety Programmable Controllers Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Safety Programmable Controllers Market Competitive Landscape and Company Profiles
30.1. Safety Programmable Controllers Market Competitive Landscape
30.2. Safety Programmable Controllers Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. General Electric Company
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Mitsubishi Electric Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Schneider Electric SE
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Honeywell International Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Safety Programmable Controllers Market Other Major and Innovative Companies
31.1. ABB Group
31.2. Eaton Corporation
31.3. Emerson Electric Co.
31.4. Rockwell Automation
31.5. Bosch Rexroth AG
31.6. Fuji Electric Co. Ltd.
31.7. Omron Corporation
31.8. Keyence Corporation
31.9. Phoenix Contact GmbH & Co. KG
31.10. Yokogawa Electric Corporation
31.11. Sick AG
31.12. Advantech Co. Ltd.
31.13. WAGO
31.14. Beckhoff Automation GmbH & Co. KG
31.15. Hans Turck GmbH & Co. KG
32. Global Safety Programmable Controllers Market Competitive Benchmarking33. Global Safety Programmable Controllers Market Competitive Dashboard34. Key Mergers and Acquisitions in the Safety Programmable Controllers Market
35. Safety Programmable Controllers Market Future Outlook and Potential Analysis
35.1 Safety Programmable Controllers Market in 2028 - Countries Offering Most New Opportunities
35.2 Safety Programmable Controllers Market in 2028 - Segments Offering Most New Opportunities
35.3 Safety Programmable Controllers Market in 2028 - 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

Safety Programmable Controllers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on safety programmable controllers 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:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • 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.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • 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 safety programmable controllers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The safety programmable controllers 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 impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • 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 Type: Modular; Compact; Other Types
2) by Technology: Traditional; Safety; Hybrid
3) by Application: Automotive; Oil and Gas; Energy and Power; Pharmaceutical; Other Applications

Key Companies Mentioned: Siemens AG; General Electric Company; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International 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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Siemens AG
  • General Electric Company
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • Honeywell International Inc.
  • ABB Group
  • Eaton Corporation
  • Emerson Electric Co.
  • Rockwell Automation
  • Bosch Rexroth AG
  • Fuji Electric Co. Ltd.
  • Omron Corporation
  • Keyence Corporation
  • Phoenix Contact GmbH & Co. KG
  • Yokogawa Electric Corporation
  • Sick AG
  • Advantech Co. Ltd.
  • WAGO
  • Beckhoff Automation GmbH & Co. KG
  • Hans Turck GmbH & Co. KG
  • B&R Industrial Automation GmbH
  • Banner Engineering Corp.
  • IDEC Corporation
  • Pilz GmbH & Co. KG
  • Leuze electronic Pvt. Ltd.
  • Treotham Automation Pty Ltd.

Methodology

Loading
LOADING...

Table Information