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Strategic Analysis of the European Machine Safety Market
Frost & Sullivan, May 2011, Pages: 109
The key objective of this research service is to provide an analysis of the key trends in the European machine safety market for the period 2007 to 2017. With a number of end-user markets affected due to recession, this study determines the impact of recession on this market. Analysis by each application have been discussed and analysed.
The research also highlights the trend across different end users and European regions. A comprehensive analysis of the market share has also been mentioned. Market drivers and restraints along with the industry challenges have been mentioned and their impact on a time scale is discussed.
Research Overview:
This report offers a comprehensive overview of the market including industry challenges as well as key market drivers and restraints. In this research, expert analysts thoroughly examine the following end-user industries: automotive, food and beverage, packaging and material handling, machine tool builders, electronic and semiconductors, pharmaceuticals, dye and press protection and others (aerospace and defence, metals and mining, and printing).
Market Overview: Productivity Benefits Underpin Rising Adoption of Machine Safety Systems
Stringent regulatory norms in Europe are supporting the strong growth of the machine safety market in the region. Enhanced productivity and profitability of processes and plants due to safer working environments provided by machine safety systems are set to boost market prospects. Many major market participants recognise that safety is a good business. “Rising awareness about their benefits will promote demand for machine safety systems,” notes the analyst of this research. “There is a huge latent demand in the retrofit market, with opportunities to upgrade machines that have obsolete systems.”
Machine safety solutions improve the overall equipment efficiency (OEE) of machines; they enhance production uptime by reducing the number of unprecedented shutdowns. This is critical for companies who operate in an intensely competitive environment and who have to constantly strive to obtain better profit margins through operational effectiveness.
“With higher process uptime, the reliability of the process is improved and the throughput obtained from the machine is greatly enhanced,” remarks the analyst. “With safety networks and safety programmable logic controllers (PLCs) in place, a group of machines which comprise an entire process, can be controlled from a single master panel to enhance visibility and keep tabs on efficiency levels.” The traditional method of hard-wired relays is difficult to maintain, with maintenance personnel often having to shut down the system. However, due to technological developments, it is now easier to effectively troubleshoot and maintain the entire system. “In addition to operational benefits, the process of installing a machine safety solution has also become streamlined,” states the analyst. “Improvements in the OPEX of the machine have been accompanied by greater personnel productivity as a result of higher uptime yielded by the machine.”
Future Focus to be on Providing Total Solutions:
One of the key challenges that manufacturers face is the shift from a traditional, component-based business to an integrated, total solution based-approach. The integrated total solution has significant benefits when compared to traditional devices such as diagnostic capability, on-line repair, troubleshoot, and others. The ease of maintenance of an integrated solution is higher than hard-wired traditional systems.
End users are also on the lookout for greater flexibility in the products they purchase and are wary about choosing different vendors for various applications. “The ability to supply integrated total solutions promotes a sense of mutual comfort between the customer and the vendor,” comments the analyst. “The loyalty factor increases along with revenues since there are repeated purchases, repair, and retrofit costs from the same vendor.” Hence, industry participants that have component-based product portfolios need to re-align their business strategies. To address the need for integrated solutions, companies will need to design complete product portfolios or look to outsourcing to fill in gaps in their product line.
Market Sectors:
Expert analysts thoroughly examine the following end user industries in this research:
- Automotive
- Food and beverages
- Packaging and material handling
- Machine tool builders
- Electronic and semiconductors
- Pharmaceuticals
- Die and press protection
- Others (aerospace and defence, metals and mining, and printing)
Technology: The following technologies are covered in this research:
- Electronic Safety Sensors
- Safety Interlock Switches
- Safety Relays
- Safety Programmable Logic Controller (PLC)
- Others (Machine safe guarding panels, safety contractors, among others)
1. Introduction
1.1 Aims and Objectives
1.2 Research Methodology
1.3 Definitions and Scope of Research
2. Executive Summary
2.1 Market Segmentation
2.2 Industry Challenges, Market Drivers and Restraints
2.3 Summary of Major Findings
2.4 Conclusions
3. Industry Challenges
3.1 Identification of Challenges
3.2 Industry Challenges in Order of Impact
4. Forecasts for the European Machine Safety Market
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Scenario Forecasting
4.5 Market Revenue Forecasts
4.6 Trends by Applications
4.7 Trends by End users
4.8 Trends by Region
4.9 Technology Trends
4.10 Competitive Structure
4.11 Market Positioning
4.12 Competitor Analysis
5. Forecasts for the European Machine Safety Market: Application Analysis
5.1 Electronic Safety Sensors
a. Market Overview
b. Revenue Forecasts
5.2 Safety Interlock Switches
a. Market Overview
b. Revenue Forecasts
5.3 Safety Relays
a. Market Overview
b. Revenue Forecasts
5.4 Safety Programmable Logic Controllers (PLC's)
a. Market Overview
b. Revenue Forecasts
5.5 Other Machine Safety Devices
a. Market Overview and Revenue Forecasts
b. Revenue Forecasts
6. Forecasts for the European Machine Safety Market: End-user Analysis
6.1 Automotive
a. Market Overview
b. Revenue Forecasts
6.2 Food and Beverages
a. Market Overview
b. Revenue Forecasts
6.3 Packaging and Material Handling
a. Market Overview
b. Revenue Forecasts
6.4 Machine Tool Builders
a. Market Overview
b. Revenue Forecasts
6.5 Electronics and Semiconductors
a. Market Overview
b. Revenue Forecasts
6.6 Pharmaceuticals
a. Market Overview
b. Revenue Forecasts
6.7 Die and Press Protection
a. Market Overview
b. Revenue Forecasts
6.8 Other Sectors
a. Revenue Forecasts
7. Conclusions
8. Appendix
8.1 Database of Key Industry Participants
8.2 Abbreviations and Acronyms
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