Analysts’ Viewpoint
Increase in demand for machine safeguarding solutions in end-use industries such as automotive, semiconductor & electronics, chemical, food & beverage, aerospace & defense, and healthcare & pharmaceutical is driving the global market for machine safety. Furthermore, rise in awareness about operator safety is fueling market expansion.
Companies are aggressively adopting holistic approaches to machine safety by leveraging smart devices in order to achieve significantly higher overall equipment effectiveness (OEE). These companies have lower downtime and less than half the injury rate of average performers.
Machine safeguarding solutions such as sensors, switches, controllers/modules/relays are used independently or embedded to prevent accidental contact with live electrical connections or any other machines. These safety interlock switches, limit switches, and cable-pull limit switches are available in a variety of actuators, switch types, voltage and current ratings, and contact materials. They are used on machinery gates or door guards so that the machine immediately or after a predetermined amount of time returns to a safe condition when the key is removed.
Safety machine components are high-quality, dependable, and affordable solutions for a range of industrial safety applications. They are designed to meet all pertinent OSHA and ANSI standards. Safety sensor switches are utilized in machines and other industrial applications to protect machinery and minimize accidents.
According to the latest machine safety market analysis report, the global business is projected to grow at a decent pace during the forecast period owing to the rise in awareness about workplace safety in emerging economies across the globe. Increase in digital transformation in industrial automation is driving the demand for smart safety solutions in factories. This is projected to fuel the machine safety market size during the forecast period.
Technologically advanced machine safety components are beneficial for OEMs and their end-use customers. Therefore, demand for machine safety solutions is rising. This is expected to augment the global machine safety industry growth in the next few years.
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Most of the companies are aware of critical machine safety issues and realize that their employees are valuable assets. Incorporation of the fundamental principles and elements of machine safety helps boost production capabilities and lower employee absence rates. Poorly planned safety measures may prompt management, operators, and key maintenance personnel to bypass essential procedures and fail-safe operations. This significantly increases risks and decreases production quality. Thus, stringent machinery safety norms and standards have been implemented in various industrial sectors across the globe.
Safety parameters must be considered in the entire machine lifecycle that includes initial machine design, risk assessment, engineering, operation, and decommissioning process. Possible machine failures and faults, which could lead to a hazard, must be analyzed in detail. Thus, there is a need for technology, architecture, and risk classification of a machine. As a result, a number of widely accepted standards have been developed for the machine's functional safety while in use. EN ISO 13849 and IEC 62061 define the functional safety standards for machines. The ANSI B11 series of American National Standards and Technical Reports comprises safety requirements for manufacturers and users of machines.
Several countries or regions are adopting and implementing mandatory machine safety standards. For instance, the European machinery directive 2006/42/EC sets standards for machine safety to allow for unrestricted trade and distribution of machines within the European Economic Area. It applies to manufacturers and distributors of machinery and devices, but not to operating companies. Rather than depending on some specific components, the new functional safety standards are meant to encourage designers to concentrate more on the functions required to eliminate each individual risk as well as the performance essential for each function. Thus, introduction of machine safety standards is anticipated to positively impact the machine guarding market share in the near future.
Cost-effective production and machinery safety is crucial in the automotive sector. Press facilities, robotic welding, paint finishing systems, and assembly lines are instances of production processes that might generate different demands for machinery safety. Machinery safety helps automotive manufacturers achieve and maintain machine safety goals.
In the automotive sector, machine safety automation refers to the usage of systems and processes to ensure that machines used in the manufacturing and assembly of vehicles are operating safely and in compliance with regulations. This can include the usage of safety guards and barriers, emergency stop buttons, sensors, and other safety devices to prevent accidents and injuries to workers. Adoption of machinery safety measures plays a key role in the automotive sector, as usage of machinery can present a number of risks to workers.
Robots are widely used for tasks such as welding, painting, and assembly in the automotive sector. These robots are often equipped with sensors and other safety features to prevent accidents and injuries. Machine safety automation helps ensure that machines are operating safely and efficiently, while also protecting workers and minimizing the risk of accidents and injuries.
Several key players are focusing on the development of innovative devices to minimize emergency shutdowns and prevent accidents and injuries caused by unsafe operation of machinery. In April 2022, Omron Corporation launched the K7TM condition monitor for heater equipment used particularly in automotive and FMCG industries. The K7TM illustrates deterioration trends for predictive maintenance and combines strong sensing technology with algorithms to identify abnormal circumstances.
According to the machine safety industry forecast report, the presence sensing safety sensors segment is expected to grow at a significant pace during the forecast period. Presence sensing safety sensors comprise safety edges, laser scanners, safety light curtains, safety mats, and safety camera systems. These devices detect hazardous conditions or actions, and trigger a response to protect workers and equipment.
Safety sensor might detect if a person is too close to a machine and trigger an alarm or shut down the machine. Safety light curtains create a detecting screen that guards machine access points and perimeters, thus preventing human injury and machine damage.
In terms of implementation, the embedded components segment accounted for notable share of the global market in 2021. It is likely to dominate the industry during the forecast period.
Embedded component system offers enhanced operator safety and increased machine productivity. It also entails lower installation costs. The system reduces hardware cost by as much as 30%, since just a single device is required instead of two. It offers complementary savings on reduced cabling needs, fewer circuit breakers, and simplified installation.
Embedded components ensure a safer working environment for machine operators. Thus, fewer devices and less cabling mean little scope of system failure.
Asia Pacific held the largest value share of the global machine safety market in 2021. The region is anticipated to witness lucrative machine guarding industry opportunities in the near future. China was the largest market in the region with more than 30.0% share in 2021.
Machine safety market growth in Asia Pacific can be ascribed to the presence of well-established players across the region, especially in China, Japan, and India. Additionally, rise in R&D activities in automotive, manufacturing, and healthcare industries is fueling machine safety business growth in Asia Pacific.
Many companies in Asia Pacific are striving to develop novel products pertaining to machine safety in order to compete with other well-established players in the region. China is the largest manufacturer of machine safeguarding solutions. Industrial growth in China is likely to fuel machine safety market statistics in Asia Pacific during the forecast period.
North America and Europe accounted for vital share of the global market in 2021. Growth in manufacturing, automotive, and mining sectors is driving the machine safety market demand in these regions. Expansion of the manufacturing sector in the U.S. is also augmenting the market in North America.
Many medium- and large-scale vendors control majority of the share of the consolidated global machine safety market. Leading firms are investing significantly in R&D activities and focusing on adopting innovative strategies such as expansion of product portfolios and partnerships & collaborations.
Top machine safety companies include ABB Ltd., Omron Corporation, Balluff GmbH, Banner Engineering Corp., Emerson Electric Co., Sick AG, Honeywell International Inc., Rockwell Automation, Inc., Keyence Corporation, Yokogawa Electric Corp., Mitsubishi Electric Corporation, Pilz GmbH & Co.KG, Schneider Electric SE, and Siemens AG.
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Key players have been profiled in the machine safety market report based on parameters such as company overview, recent developments, product portfolio, business segments, financial overview, and business strategies.
Attribute |
Detail |
Market Size Value in 2021 |
US$ 5.9 Bn |
Market Forecast Value in 2031 |
US$ 11.5 Bn |
Growth Rate (CAGR) |
7.2% |
Forecast Period |
2022–2031 |
Historical Data Available for |
2017–2020 |
Quantitative Units |
US$ Bn for Value |
Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Regions Covered |
|
Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
It stood at US$ 5.9 Bn in 2021
It is expected to advance at a CAGR of 7.2% from 2022 to 2031
Stringent machinery safety standards and regulations across the globe and growth in adoption of machinery safety measures in the automotive sector
The automotive segment contributed to the largest share of 28.0% in 2021
Asia Pacific is projected to be a more attractive region for vendors
ABB Ltd., Balluff GmbH, Banner Engineering Corp., Emerson Electric Co., Honeywell International Inc., Keyence Corporation, Mitsubishi Electric Corporation, Omron Corporation, Pilz GmbH & Co.KG, Rockwell Automation, Inc., Schneider Electric SE, Sick AG, Siemens AG, and Yokogawa Electric Corp.
1. Preface
1.1. Market Introduction
1.2. Market and Segments Definition
1.3. Market Taxonomy
1.4. Research Methodology
1.5. Assumption and Acronyms
2. Executive Summary
2.1. Global Machine Safety Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Global Industrial Automation and Control Industry Overview
4.2. Supply Chain Analysis
4.3. Technology Roadmap
4.4. Industry SWOT Analysis
4.5. Porter’s Five Forces Analysis
4.6. COVID-19 Impact and Recovery Analysis
5. Global Machine Safety Market Analysis By Implementation
5.1. Machine Safety Market (US$ Bn) Analysis & Forecast, By Implementation, 2017–2031
5.1.1. Individual Components
5.1.2. Embedded Components
5.2. Market Attractiveness Analysis, By Implementation
6. Global Machine Safety Market Analysis By Component
6.1. Machine Safety Market (US$ Bn) Analysis & Forecast, By Component, 2017–2031
6.1.1. Presence Sensing Safety Sensors
6.1.1.1. Safety Edges
6.1.1.2. Laser Scanners
6.1.1.3. Safety Light Curtains
6.1.1.4. Safety Mats
6.1.1.5. Safety Camera Systems
6.1.1.6. Other Devices
6.1.2. Safety Interlock Switches
6.1.2.1. Electromechanical
6.1.2.2. Hinge Pins
6.1.2.3. Limit Switches
6.1.2.4. Non-contact Interlock Switches
6.1.2.5. Tongue Interlock Switches
6.1.2.6. Trapped Key Interlock Switches
6.1.3. Safety Controllers/Modules/Relays
6.1.4. Programmable Safety Applications
6.1.5. Emergency Stop Controls
6.1.5.1. Push Buttons
6.1.5.2. Rope Pull Buttons
6.1.6. Two-hand Safety Controls
6.2. Market Attractiveness Analysis, By Component
7. Global Machine Safety Market Analysis By Application
7.1. Machine Safety Market (US$ Bn) Analysis & Forecast, By Application, 2017–2031
7.1.1. Assembly
7.1.2. Material Handling
7.1.3. Metal Working
7.1.4. Packaging
7.1.5. Robotics
7.1.6. Others
7.2. Market Attractiveness Analysis, By Application
8. Global Machine Safety Market Analysis By End-use Industry
8.1. Machine Safety Market (US$ Bn) Analysis & Forecast, By End-use Industry, 2017–2031
8.1.1. Oil & Gas
8.1.2. Energy & Power
8.1.3. Chemical
8.1.4. Food & Beverage
8.1.5. Aerospace & Defense
8.1.6. Automotive
8.1.7. Semiconductor & Electronics
8.1.8. Healthcare & Pharmaceutical
8.1.9. Metals & Mining
8.1.10. Others
8.2. Market Attractiveness Analysis, By End-use Industry
9. Global Machine Safety Market Analysis and Forecast, By Region
9.1. Machine Safety Market (US$ Bn) Analysis & Forecast, By Region, 2017–2031
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
9.2. Market Attractiveness Analysis, By Region
10. North America Machine Safety Market Analysis and Forecast
10.1. Market Snapshot
10.2. Drivers and Restraints: Impact Analysis
10.3. Machine Safety Market (US$ Bn) Analysis & Forecast, By Implementation, 2017–2031
10.3.1. Individual Components
10.3.2. Embedded Components
10.4. Machine Safety Market (US$ Bn) Analysis & Forecast, By Component, 2017–2031
10.4.1. Presence Sensing Safety Sensors
10.4.1.1. Safety Edges
10.4.1.2. Laser Scanners
10.4.1.3. Safety Light Curtains
10.4.1.4. Safety Mats
10.4.1.5. Safety Camera Systems
10.4.1.6. Other Devices
10.4.2. Safety Interlock Switches
10.4.2.1. Electromechanical
10.4.2.2. Hinge Pins
10.4.2.3. Limit Switches
10.4.2.4. Non-contact Interlock Switches
10.4.2.5. Tongue Interlock Switches
10.4.2.6. Trapped Key Interlock Switches
10.4.3. Safety Controllers/Modules/Relays
10.4.4. Programmable Safety Applications
10.4.5. Emergency Stop Controls
10.4.5.1. Push Buttons
10.4.5.2. Rope Pull Buttons
10.4.6. Two-hand Safety Controls
10.5. Machine Safety Market (US$ Bn) Analysis & Forecast, By Application, 2017–2031
10.5.1. Assembly
10.5.2. Material Handling
10.5.3. Metal Working
10.5.4. Packaging
10.5.5. Robotics
10.5.6. Others
10.6. Machine Safety Market (US$ Bn) Analysis & Forecast, By End-use Industry, 2017–2031
10.6.1. Oil & Gas
10.6.2. Energy & Power
10.6.3. Chemical
10.6.4. Food & Beverage
10.6.5. Aerospace & Defense
10.6.6. Automotive
10.6.7. Semiconductor & Electronics
10.6.8. Healthcare & Pharmaceutical
10.6.9. Metals & Mining
10.6.10. Others
10.7. Others Machine Safety Market (US$ Bn) Analysis & Forecast, By Country and Sub-region, 2017–2031
10.7.1. The U.S.
10.7.2. Canada
10.7.3. Rest of North America
10.8. Market Attractiveness Analysis
10.8.1. By Implementation
10.8.2. By Component
10.8.3. By Application
10.8.4. By End-use Industry
10.8.5. By Country/Sub-region
11. Europe Machine Safety Market Analysis and Forecast
11.1. Market Snapshot
11.2. Drivers and Restraints: Impact Analysis
11.3. Machine Safety Market (US$ Bn) Analysis & Forecast, By Implementation, 2017–2031
11.3.1. Individual Components
11.3.2. Embedded Components
11.4. Machine Safety Market (US$ Bn) Analysis & Forecast, By Component, 2017–2031
11.4.1. Presence Sensing Safety Sensors
11.4.1.1. Safety Edges
11.4.1.2. Laser Scanners
11.4.1.3. Safety Light Curtains
11.4.1.4. Safety Mats
11.4.1.5. Safety Camera Systems
11.4.1.6. Other Devices
11.4.2. Safety Interlock Switches
11.4.2.1. Electromechanical
11.4.2.2. Hinge Pins
11.4.2.3. Limit Switches
11.4.2.4. Non-contact Interlock Switches
11.4.2.5. Tongue Interlock Switches
11.4.2.6. Trapped Key Interlock Switches
11.4.3. Safety Controllers/Modules/Relays
11.4.4. Programmable Safety Applications
11.4.5. Emergency Stop Controls
11.4.5.1. Push Buttons
11.4.5.2. Rope Pull Buttons
11.4.6. Two-hand Safety Controls
11.5. Machine Safety Market (US$ Bn) Analysis & Forecast, By Application, 2017–2031
11.5.1. Assembly
11.5.2. Material Handling
11.5.3. Metal Working
11.5.4. Packaging
11.5.5. Robotics
11.5.6. Others
11.6. Machine Safety Market (US$ Bn) Analysis & Forecast, By End-use Industry, 2017–2031
11.6.1. Oil & Gas
11.6.2. Energy & Power
11.6.3. Chemical
11.6.4. Food & Beverage
11.6.5. Aerospace & Defense
11.6.6. Automotive
11.6.7. Semiconductor & Electronics
11.6.8. Healthcare & Pharmaceutical
11.6.9. Metals & Mining
11.6.10. Others
11.7. Machine Safety Market (US$ Bn) Analysis & Forecast, By Country and Sub-region, 2017–2031
11.7.1. The U.K.
11.7.2. Germany
11.7.3. France
11.7.4. Rest of Europe
11.8. Market Attractiveness Analysis
11.8.1. By Implementation
11.8.2. By Component
11.8.3. By Application
11.8.4. By End-use Industry
11.8.5. By Country/Sub-region
12. Asia Pacific Machine Safety Market Analysis and Forecast
12.1. Market Snapshot
12.2. Drivers and Restraints: Impact Analysis
12.3. Machine Safety Market (US$ Bn) Analysis & Forecast, By Implementation, 2017–2031
12.3.1. Individual Components
12.3.2. Embedded Components
12.4. Machine Safety Market (US$ Bn) Analysis & Forecast, By Component, 2017–2031
12.4.1. Presence Sensing Safety Sensors
12.4.1.1. Safety Edges
12.4.1.2. Laser Scanners
12.4.1.3. Safety Light Curtains
12.4.1.4. Safety Mats
12.4.1.5. Safety Camera Systems
12.4.1.6. Other Devices
12.4.2. Safety Interlock Switches
12.4.2.1. Electromechanical
12.4.2.2. Hinge Pins
12.4.2.3. Limit Switches
12.4.2.4. Non-contact Interlock Switches
12.4.2.5. Tongue Interlock Switches
12.4.2.6. Trapped Key Interlock Switches
12.4.3. Safety Controllers/Modules/Relays
12.4.4. Programmable Safety Applications
12.4.5. Emergency Stop Controls
12.4.5.1. Push Buttons
12.4.5.2. Rope Pull Buttons
12.4.6. Two-hand Safety Controls
12.5. Machine Safety Market (US$ Bn) Analysis & Forecast, By Application, 2017–2031
12.5.1. Assembly
12.5.2. Material Handling
12.5.3. Metal Working
12.5.4. Packaging
12.5.5. Robotics
12.5.6. Others
12.6. Machine Safety Market (US$ Bn) Analysis & Forecast, By End-use Industry, 2017–2031
12.6.1. Oil & Gas
12.6.2. Energy & Power
12.6.3. Chemical
12.6.4. Food & Beverage
12.6.5. Aerospace & Defense
12.6.6. Automotive
12.6.7. Semiconductor & Electronics
12.6.8. Healthcare & Pharmaceutical
12.6.9. Metals & Mining
12.6.10. Others
12.7. Machine Safety Market (US$ Bn) Analysis & Forecast, By Country and Sub-region, 2017–2031
12.7.1. China
12.7.2. Japan
12.7.3. South Korea
12.7.4. India
12.7.5. ASEAN
12.7.6. Rest of Asia Pacific
12.8. Market Attractiveness Analysis
12.8.1. By Implementation
12.8.2. By Component
12.8.3. By Application
12.8.4. By End-use Industry
12.8.5. By Country/Sub-region
13. Middle East & Africa Machine Safety Market Analysis and Forecast
13.1. Market Snapshot
13.2. Drivers and Restraints: Impact Analysis
13.3. Machine Safety Market (US$ Bn) Analysis & Forecast, By Implementation, 2017–2031
13.3.1. Individual Components
13.3.2. Embedded Components
13.4. Machine Safety Market (US$ Bn) Analysis & Forecast, By Component, 2017–2031
13.4.1. Presence Sensing Safety Sensors
13.4.1.1. Safety Edges
13.4.1.2. Laser Scanners
13.4.1.3. Safety Light Curtains
13.4.1.4. Safety Mats
13.4.1.5. Safety Camera Systems
13.4.1.6. Other Devices
13.4.2. Safety Interlock Switches
13.4.2.1. Electromechanical
13.4.2.2. Hinge Pins
13.4.2.3. Limit Switches
13.4.2.4. Non-contact Interlock Switches
13.4.2.5. Tongue Interlock Switches
13.4.2.6. Trapped Key Interlock Switches
13.4.3. Safety Controllers/Modules/Relays
13.4.4. Programmable Safety Applications
13.4.5. Emergency Stop Controls
13.4.5.1. Push Buttons
13.4.5.2. Rope Pull Buttons
13.4.6. Two-hand Safety Controls
13.5. Machine Safety Market (US$ Bn) Analysis & Forecast, By Application, 2017–2031
13.5.1. Assembly
13.5.2. Material Handling
13.5.3. Metal Working
13.5.4. Packaging
13.5.5. Robotics
13.5.6. Others
13.6. Machine Safety Market (US$ Bn) Analysis & Forecast, By End-use Industry, 2017–2031
13.6.1. Oil & Gas
13.6.2. Energy & Power
13.6.3. Chemical
13.6.4. Food & Beverage
13.6.5. Aerospace & Defense
13.6.6. Automotive
13.6.7. Semiconductor & Electronics
13.6.8. Healthcare & Pharmaceutical
13.6.9. Metals & Mining
13.6.10. Others
13.7. Machine Safety Market (US$ Bn) Analysis & Forecast, By Country and Sub-region, 2017–2031
13.7.1. GCC
13.7.2. South Africa
13.7.3. Rest of Middle East & Africa
13.8. Market Attractiveness Analysis
13.8.1. By Implementation
13.8.2. By Component
13.8.3. By Application
13.8.4. By End-use Industry
13.8.5. By Country/Sub-region
14. South America Machine Safety Market Analysis and Forecast
14.1. Market Snapshot
14.2. Drivers and Restraints: Impact Analysis
14.3. Machine Safety Market (US$ Bn) Analysis & Forecast, By Implementation, 2017–2031
14.3.1. Individual Components
14.3.2. Embedded Components
14.4. Machine Safety Market (US$ Bn) Analysis & Forecast, By Component, 2017–2031
14.4.1. Presence Sensing Safety Sensors
14.4.1.1. Safety Edges
14.4.1.2. Laser Scanners
14.4.1.3. Safety Light Curtains
14.4.1.4. Safety Mats
14.4.1.5. Safety Camera Systems
14.4.1.6. Other Devices
14.4.2. Safety Interlock Switches
14.4.2.1. Electromechanical
14.4.2.2. Hinge Pins
14.4.2.3. Limit Switches
14.4.2.4. Non-contact Interlock Switches
14.4.2.5. Tongue Interlock Switches
14.4.2.6. Trapped Key Interlock Switches
14.4.3. Safety Controllers/Modules/Relays
14.4.4. Programmable Safety Applications
14.4.5. Emergency Stop Controls
14.4.5.1. Push Buttons
14.4.5.2. Rope Pull Buttons
14.4.6. Two-hand Safety Controls
14.5. Machine Safety Market (US$ Bn) Analysis & Forecast, By Application, 2017–2031
14.5.1. Assembly
14.5.2. Material Handling
14.5.3. Metal Working
14.5.4. Packaging
14.5.5. Robotics
14.5.6. Others
14.6. Machine Safety Market (US$ Bn) Analysis & Forecast, By End-use Industry, 2017–2031
14.6.1. Oil & Gas
14.6.2. Energy & Power
14.6.3. Chemical
14.6.4. Food & Beverage
14.6.5. Aerospace & Defense
14.6.6. Automotive
14.6.7. Semiconductor & Electronics
14.6.8. Healthcare & Pharmaceutical
14.6.9. Metals & Mining
14.6.10. Others
14.7. Machine Safety Market (US$ Bn) Analysis & Forecast, By Country and Sub-region, 2017–2031
14.7.1. Brazil
14.7.2. Rest of South America
14.8. Market Attractiveness Analysis
14.8.1. By Implementation
14.8.2. By Component
14.8.3. By Application
14.8.4. By End-use Industry
14.8.5. By Country/Sub-region
15. Competition Assessment
15.1. Global Machine Safety Market Competition Matrix - a Dashboard View
15.1.1. Global Machine Safety Market Company Share Analysis, By Value (2021)
15.1.2. Technological Differentiator
16. Company Profiles (Global Manufacturers/Suppliers)
16.1. ABB Ltd.
16.1.1. Overview
16.1.2. Product Portfolio
16.1.3. Sales Footprint
16.1.4. Key Subsidiaries or Distributors
16.1.5. Strategy and Recent Developments
16.1.6. Key Financials
16.2. Balluff GmbH
16.2.1. Overview
16.2.2. Product Portfolio
16.2.3. Sales Footprint
16.2.4. Key Subsidiaries or Distributors
16.2.5. Strategy and Recent Developments
16.2.6. Key Financials
16.3. Banner Engineering Corp.
16.3.1. Overview
16.3.2. Product Portfolio
16.3.3. Sales Footprint
16.3.4. Key Subsidiaries or Distributors
16.3.5. Strategy and Recent Developments
16.3.6. Key Financials
16.4. Emerson Electric Co.
16.4.1. Overview
16.4.2. Product Portfolio
16.4.3. Sales Footprint
16.4.4. Key Subsidiaries or Distributors
16.4.5. Strategy and Recent Developments
16.4.6. Key Financials
16.5. Honeywell International Inc.
16.5.1. Overview
16.5.2. Product Portfolio
16.5.3. Sales Footprint
16.5.4. Key Subsidiaries or Distributors
16.5.5. Strategy and Recent Developments
16.5.6. Key Financials
16.6. Keyence Corporation
16.6.1. Overview
16.6.2. Product Portfolio
16.6.3. Sales Footprint
16.6.4. Key Subsidiaries or Distributors
16.6.5. Strategy and Recent Developments
16.6.6. Key Financials
16.7. Mitsubishi Electric Corporation
16.7.1. Overview
16.7.2. Product Portfolio
16.7.3. Sales Footprint
16.7.4. Key Subsidiaries or Distributors
16.7.5. Strategy and Recent Developments
16.7.6. Key Financials
16.8. Omron Corporation
16.8.1. Overview
16.8.2. Product Portfolio
16.8.3. Sales Footprint
16.8.4. Key Subsidiaries or Distributors
16.8.5. Strategy and Recent Developments
16.8.6. Key Financials
16.9. Pilz GmbH & Co.KG
16.9.1. Overview
16.9.2. Product Portfolio
16.9.3. Sales Footprint
16.9.4. Key Subsidiaries or Distributors
16.9.5. Strategy and Recent Developments
16.9.6. Key Financials
16.10. Rockwell Automation, Inc.
16.10.1. Overview
16.10.2. Product Portfolio
16.10.3. Sales Footprint
16.10.4. Key Subsidiaries or Distributors
16.10.5. Strategy and Recent Developments
16.10.6. Key Financials
16.11. Schneider Electric SE
16.11.1. Overview
16.11.2. Product Portfolio
16.11.3. Sales Footprint
16.11.4. Key Subsidiaries or Distributors
16.11.5. Strategy and Recent Developments
16.11.6. Key Financials
16.12. Sick AG
16.12.1. Overview
16.12.2. Product Portfolio
16.12.3. Sales Footprint
16.12.4. Key Subsidiaries or Distributors
16.12.5. Strategy and Recent Developments
16.12.6. Key Financials
16.13. Siemens AG
16.13.1. Overview
16.13.2. Product Portfolio
16.13.3. Sales Footprint
16.13.4. Key Subsidiaries or Distributors
16.13.5. Strategy and Recent Developments
16.13.6. Key Financials
16.14. Yokogawa Electric Corp
16.14.1. Overview
16.14.2. Product Portfolio
16.14.3. Sales Footprint
16.14.4. Key Subsidiaries or Distributors
16.14.5. Strategy and Recent Developments
16.14.6. Key Financials
17. Recommendation
17.1. Opportunity Assessment
17.1.1. By Implementation
17.1.2. By Component
17.1.3. By Application
17.1.4. By End-use Industry
17.1.5. By Region
List of Tables
Table 01: Global Machine Safety Market Size & Forecast, By Implementation, Value (US$ Bn), 2017-2031
Table 02: Global Machine Safety Market Size & Forecast, By Component, Value (US$ Bn), 2017-2031
Table 03: Global Machine Safety Market Size & Forecast, By Application, Value (US$ Bn), 2017-2031
Table 04: Global Machine Safety Market Size & Forecast, By End-use Industry, Value (US$ Bn), 2017-2031
Table 05: Global Machine Safety Market Size & Forecast, By Region, Value (US$ Bn), 2017-2031
Table 06: North America Machine Safety Market Size & Forecast, By Implementation, Value (US$ Bn), 2017-2031
Table 07: North America Machine Safety Market Size & Forecast, By Component, Value (US$ Bn), 2017-2031
Table 08: North America Machine Safety Market Size & Forecast, By Application, Value (US$ Bn), 2017-2031
Table 09: North America Machine Safety Market Size & Forecast, By End-use Industry, Value (US$ Bn), 2017-2031
Table 10: North America Machine Safety Market Size & Forecast, By Country, Value (US$ Bn), 2017-2031
Table 11: Europe Machine Safety Market Size & Forecast, By Implementation, Value (US$ Bn), 2017-2031
Table 12: Europe Machine Safety Market Size & Forecast, By Component, Value (US$ Bn), 2017-2031
Table 13: Europe Machine Safety Market Size & Forecast, By Application, Value (US$ Bn), 2017-2031
Table 14: Europe Machine Safety Market Size & Forecast, By End-use Industry, Value (US$ Bn), 2017-2031
Table 15: Europe Machine Safety Market Size & Forecast, By Country, Value (US$ Bn), 2017-2031
Table 16: Asia Pacific Machine Safety Market Size & Forecast, By Implementation, Value (US$ Bn), 2017-2031
Table 17: Asia Pacific Machine Safety Market Size & Forecast, By Component, Value (US$ Bn), 2017-2031
Table 18: Asia Pacific Machine Safety Market Size & Forecast, By Application, Value (US$ Bn), 2017-2031
Table 19: Asia Pacific Machine Safety Market Size & Forecast, By End-use Industry, Value (US$ Bn), 2017-2031
Table 20: Asia Pacific Machine Safety Market Size & Forecast, By Country, Value (US$ Bn), 2017-2031
Table 21: Middle East & Africa Machine Safety Market Size & Forecast, By Implementation, Value (US$ Bn), 2017-2031
Table 22: Middle East & Africa Machine Safety Market Size & Forecast, By Component, Value (US$ Bn), 2017-2031
Table 23: Middle East & Africa Machine Safety Market Size & Forecast, By Application, Value (US$ Bn), 2017-2031
Table 24: Middle East & Africa Machine Safety Market Size & Forecast, By End-use Industry, Value (US$ Bn), 2017-2031
Table 25: Middle East & Africa Machine Safety Market Size & Forecast, By Country, Value (US$ Bn), 2017-2031
Table 26: South America Machine Safety Market Size & Forecast, By Implementation, Value (US$ Bn), 2017-2031
Table 27: South America Machine Safety Market Size & Forecast, By Component, Value (US$ Bn), 2017-2031
Table 28: South America Machine Safety Market Size & Forecast, By Application, Value (US$ Bn), 2017-2031
Table 29: South America Machine Safety Market Size & Forecast, By End-use Industry, Value (US$ Bn), 2017-2031
Table 30: South America Machine Safety Market Size & Forecast, By Country, Value (US$ Bn), 2017-2031
List of Figures
Figure 01: Global Machine Safety Market, Value (US$ Bn), 2017-2031
Figure 02: Global Machine Safety Market Size & Forecast, By Implementation, Revenue (US$ Bn), 2017-2031
Figure 03: Global Machine Safety Market Attractiveness, By Implementation, Value (US$ Bn), 2022-2031
Figure 04: Global Machine Safety Market Share Analysis, By Implementation, 2022
Figure 05: Global Machine Safety Market Share Analysis, By Implementation, 2031
Figure 06: Global Machine Safety Market Size & Forecast, By Component, Revenue (US$ Bn), 2017-2031
Figure 07: Global Machine Safety Market Attractiveness, By Component, Value (US$ Bn), 2022-2031
Figure 08: Global Machine Safety Market Share Analysis, By Component, 2022
Figure 09: Global Machine Safety Market Share Analysis, By Component, 2031
Figure 10: Global Machine Safety Market Size & Forecast, By Application, Revenue (US$ Bn), 2017-2031
Figure 11: Global Machine Safety Market Attractiveness, By Application, Value (US$ Bn), 2022-2031
Figure 12: Global Machine Safety Market Share Analysis, By Application, 2022
Figure 13: Global Machine Safety Market Share Analysis, By Application, 2031
Figure 14: Global Machine Safety Market Size & Forecast, By End-use Industry, Revenue (US$ Bn), 2017-2031
Figure 15: Global Machine Safety Market Attractiveness, By End-use Industry, Value (US$ Bn), 2022-2031
Figure 16: Global Machine Safety Market Share Analysis, By End-use Industry, 2022
Figure 17: Global Machine Safety Market Share Analysis, By End-use Industry, 2031
Figure 18: Global Machine Safety Market Size & Forecast, By Region, Revenue (US$ Bn), 2017-2031
Figure 19: Global Machine Safety Market Attractiveness, By Region, Value (US$ Bn), 2022-2031
Figure 20: Global Machine Safety Market Share Analysis, By Region, 2022
Figure 21: Global Machine Safety Market Share Analysis, By Region, 2031
Figure 22: North America Machine Safety Market, Value (US$ Bn), 2017-2031
Figure 23: North America Machine Safety Market Size & Forecast, By Implementation, Revenue (US$ Bn), 2017-2031
Figure 24: North America Machine Safety Market Attractiveness, By Implementation, Value (US$ Bn), 2022-2031
Figure 25: North America Machine Safety Market Share Analysis, By Implementation, 2022
Figure 26: North America Machine Safety Market Share Analysis, By Implementation, 2031
Figure 27: North America Machine Safety Market Size & Forecast, By Component, Revenue (US$ Bn), 2017-2031
Figure 28: North America Machine Safety Market Attractiveness, By Component, Value (US$ Bn), 2022-2031
Figure 29: North America Machine Safety Market Share Analysis, By Component, 2022
Figure 30: North America Machine Safety Market Share Analysis, By Component, 2031
Figure 31: North America Machine Safety Market Size & Forecast, By Application, Revenue (US$ Bn), 2017-2031
Figure 32: North America Machine Safety Market Attractiveness, By Application, Value (US$ Bn), 2022-2031
Figure 33: North America Machine Safety Market Share Analysis, By Application, 2022
Figure 34: North America Machine Safety Market Share Analysis, By Application, 2031
Figure 35: North America Machine Safety Market Size & Forecast, By End-use Industry, Revenue (US$ Bn), 2017-2031
Figure 36: North America Machine Safety Market Attractiveness, By End-use Industry, Value (US$ Bn), 2022-2031
Figure 37: North America Machine Safety Market Share Analysis, By End-use Industry, 2022
Figure 38: North America Machine Safety Market Share Analysis, By End-use Industry, 2031
Figure 39: North America Machine Safety Market Size & Forecast, By Country, Revenue (US$ Bn), 2017-2031
Figure 40: North America Machine Safety Market Attractiveness, By Country, Value (US$ Bn), 2022-2031
Figure 41: North America Machine Safety Market Share Analysis, By Country, 2022
Figure 42: North America Machine Safety Market Share Analysis, By Country, 2031
Figure 43: Europe Machine Safety Market, Value (US$ Bn), 2017-2031
Figure 44: Europe Machine Safety Market Size & Forecast, By Implementation, Revenue (US$ Bn), 2017-2031
Figure 45: Europe Machine Safety Market Attractiveness, By Implementation, Value (US$ Bn), 2022-2031
Figure 46: Europe Machine Safety Market Share Analysis, By Implementation, 2022
Figure 47: Europe Machine Safety Market Share Analysis, By Implementation, 2031
Figure 48: Europe Machine Safety Market Size & Forecast, By Component, Revenue (US$ Bn), 2017-2031
Figure 49: Europe Machine Safety Market Attractiveness, By Component, Value (US$ Bn), 2022-2031
Figure 50: Europe Machine Safety Market Share Analysis, By Component, 2022
Figure 51: Europe Machine Safety Market Share Analysis, By Component, 2031
Figure 52: Europe Machine Safety Market Size & Forecast, By Application, Revenue (US$ Bn), 2017-2031
Figure 53: Europe Machine Safety Market Attractiveness, By Application, Value (US$ Bn), 2022-2031
Figure 54: Europe Machine Safety Market Share Analysis, By Application, 2022
Figure 55: Europe Machine Safety Market Share Analysis, By Application, 2031
Figure 56: Europe Machine Safety Market Size & Forecast, By End-use Industry, Revenue (US$ Bn), 2017-2031
Figure 57: Europe Machine Safety Market Attractiveness, By End-use Industry, Value (US$ Bn), 2022-2031
Figure 58: Europe Machine Safety Market Share Analysis, By End-use Industry, 2022
Figure 59: Europe Machine Safety Market Share Analysis, By End-use Industry, 2031
Figure 60: Europe Machine Safety Market Size & Forecast, By Country, Revenue (US$ Bn), 2017-2031
Figure 61: Europe Machine Safety Market Attractiveness, By Country, Value (US$ Bn), 2022-2031
Figure 62: Europe Machine Safety Market Share Analysis, By Country, 2022
Figure 63: Europe Machine Safety Market Share Analysis, By Country, 2031
Figure 64: Asia Pacific Machine Safety Market, Value (US$ Bn), 2017-2031
Figure 65: Asia Pacific Machine Safety Market Size & Forecast, By Implementation, Revenue (US$ Bn), 2017-2031
Figure 66: Asia Pacific Machine Safety Market Attractiveness, By Implementation, Value (US$ Bn), 2022-2031
Figure 67: Asia Pacific Machine Safety Market Share Analysis, By Implementation, 2022
Figure 68: Asia Pacific Machine Safety Market Share Analysis, By Implementation, 2031
Figure 69: Asia Pacific Machine Safety Market Size & Forecast, By Component, Revenue (US$ Bn), 2017-2031
Figure 70: Asia Pacific Machine Safety Market Attractiveness, By Component, Value (US$ Bn), 2022-2031
Figure 71: Asia Pacific Machine Safety Market Share Analysis, By Component, 2022
Figure 72: Asia Pacific Machine Safety Market Share Analysis, By Component, 2031
Figure 73: Asia Pacific Machine Safety Market Size & Forecast, By Application, Revenue (US$ Bn), 2017-2031
Figure 74: Asia Pacific Machine Safety Market Attractiveness, By Application, Value (US$ Bn), 2022-2031
Figure 75: Asia Pacific Machine Safety Market Share Analysis, By Application, 2022
Figure 76: Asia Pacific Machine Safety Market Share Analysis, By Application, 2031
Figure 77: Asia Pacific Machine Safety Market Size & Forecast, By End-use Industry, Revenue (US$ Bn), 2017-2031
Figure 78: Asia Pacific Machine Safety Market Attractiveness, By End-use Industry, Value (US$ Bn), 2022-2031
Figure 79: Asia Pacific Machine Safety Market Share Analysis, By End-use Industry, 2022
Figure 80: Asia Pacific Machine Safety Market Share Analysis, By End-use Industry, 2031
Figure 81: Asia Pacific Machine Safety Market Size & Forecast, By Country, Revenue (US$ Bn), 2017-2031
Figure 82: Asia Pacific Machine Safety Market Attractiveness, By Country, Value (US$ Bn), 2022-2031
Figure 83: Asia Pacific Machine Safety Market Share Analysis, By Country, 2022
Figure 84: Asia Pacific Machine Safety Market Share Analysis, By Country, 2031
Figure 85: Middle East & Africa Machine Safety Market, Value (US$ Bn), 2017-2031
Figure 86: Middle East & Africa Machine Safety Market Size & Forecast, By Implementation, Revenue (US$ Bn), 2017-2031
Figure 87: Middle East & Africa Machine Safety Market Attractiveness, By Implementation, Value (US$ Bn), 2022-2031
Figure 88: Middle East & Africa Machine Safety Market Share Analysis, By Implementation, 2022
Figure 89: Middle East & Africa Machine Safety Market Share Analysis, By Implementation, 2031
Figure 90: Middle East & Africa Machine Safety Market Size & Forecast, By Component, Revenue (US$ Bn), 2017-2031
Figure 91: Middle East & Africa Machine Safety Market Attractiveness, By Component, Value (US$ Bn), 2022-2031
Figure 92: Middle East & Africa Machine Safety Market Share Analysis, By Component, 2022
Figure 93: Middle East & Africa Machine Safety Market Share Analysis, By Component, 2031
Figure 94: Middle East & Africa Machine Safety Market Size & Forecast, By Application, Revenue (US$ Bn), 2017-2031
Figure 95: Middle East & Africa Machine Safety Market Attractiveness, By Application, Value (US$ Bn), 2022-2031
Figure 96: Middle East & Africa Machine Safety Market Share Analysis, By Application, 2022
Figure 97: Middle East & Africa Machine Safety Market Share Analysis, By Application, 2031
Figure 98: Middle East & Africa Machine Safety Market Size & Forecast, By End-use Industry, Revenue (US$ Bn), 2017-2031
Figure 99: Middle East & Africa Machine Safety Market Attractiveness, By End-use Industry, Value (US$ Bn), 2022-2031
Figure 100: Middle East & Africa Machine Safety Market Share Analysis, By End-use Industry, 2022
Figure 101: Middle East & Africa Machine Safety Market Share Analysis, By End-use Industry, 2031
Figure 102: Middle East & Africa Machine Safety Market Size & Forecast, By Country, Revenue (US$ Bn), 2017-2031
Figure 103: Middle East & Africa Machine Safety Market Attractiveness, By Country, Value (US$ Bn), 2022-2031
Figure 104: Middle East & Africa Machine Safety Market Share Analysis, By Country, 2022
Figure 105: Middle East & Africa Machine Safety Market Share Analysis, By Country, 2031
Figure 106: South America Machine Safety Market, Value (US$ Bn), 2017-2031
Figure 107: South America Machine Safety Market Size & Forecast, By Implementation, Revenue (US$ Bn), 2017-2031
Figure 108: South America Machine Safety Market Attractiveness, By Implementation, Value (US$ Bn), 2022-2031
Figure 109: South America Machine Safety Market Share Analysis, By Implementation, 2022
Figure 110: South America Machine Safety Market Share Analysis, By Implementation, 2031
Figure 111: South America Machine Safety Market Size & Forecast, By Component, Revenue (US$ Bn), 2017-2031
Figure 112: South America Machine Safety Market Attractiveness, By Component, Value (US$ Bn), 2022-2031
Figure 113: South America Machine Safety Market Share Analysis, By Component, 2022
Figure 114: South America Machine Safety Market Share Analysis, By Component, 2031
Figure 115: South America Machine Safety Market Size & Forecast, By Application, Revenue (US$ Bn), 2017-2031
Figure 116: South America Machine Safety Market Attractiveness, By Application, Value (US$ Bn), 2022-2031
Figure 117: South America Machine Safety Market Share Analysis, By Application, 2022
Figure 118: South America Machine Safety Market Share Analysis, By Application, 2031
Figure 119: South America Machine Safety Market Size & Forecast, By End-use Industry, Revenue (US$ Bn), 2017-2031
Figure 120: South America Machine Safety Market Attractiveness, By End-use Industry, Value (US$ Bn), 2022-2031
Figure 121: South America Machine Safety Market Share Analysis, By End-use Industry, 2022
Figure 122: South America Machine Safety Market Share Analysis, By End-use Industry, 2031
Figure 123: South America Machine Safety Market Size & Forecast, By Country, Revenue (US$ Bn), 2017-2031
Figure 124: South America Machine Safety Market Attractiveness, By Country, Value (US$ Bn), 2022-2031
Figure 125: South America Machine Safety Market Share Analysis, By Country, 2022
Figure 126: South America Machine Safety Market Share Analysis, By Country, 2031