Machine Safety Market by Component (Safety Sensors, Safety PLCs, Safety Modules/Controllers/Relays, and E-Stop Devices), Implementation, Application (Assembly, Material Handling, Packaging, Robotics), Industry, and Region - Global Forecast to 2025

  • ID: 4542307
  • Report
  • Region: Global
  • 169 Pages
  • Markets and Markets
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Machine Safety Market was Valued at USD 4.14 Billion in 2017 and is Expected to Reach USD 6.58 Billion by 2025, at a CAGR of 6.0%

FEATURED COMPANIES

  • ABB
  • Euchner
  • Ka Schmersal
  • Omron
  • Pilz
  • Sick AG
  • MORE

“Machine safety system market to witness significant growth between 2018 and 2025”

The machine safety market was valued at USD 4.14 billion in 2017 and is expected to reach USD 6.58 billion by 2025, at a CAGR of 6.0% between 2018 and 2025. The key factors driving the growth of the machine safety market include increasing emphasis on industrial safety and proactive safety measures, rising number of accidents in industries, mandatory safety standards and government policies, and growing demand for presence-sensing safety devices. However, failure to protect workers and machines from secondary hazards, along with additional costs associated with machine safety systems, is hindering the growth of the market.

“Market for assembly applications to grow at the highest rate during the forecast period”

Assembling is a continuous, fast, and precise process; it is required to be error-free. Moving parts of machinery and other potential hazards can cause harm to workers; therefore, it is necessary to adopt machine safety measures for assembly applications. Implementation of machine safety systems in assembly lines involves the use of a shield or device covering hazardous area of a machine to prevent contact with the human body. Machine safety systems ensure injury- and hazard-free working atmosphere; therefore, these systems are of utmost importance in assembly applications.

“Market for programmable safety systems to grow at a high CAGR during the forecast period”

The market for programmable safety systems (safety PLCs) is expected to witness a significant growth during the forecast period. Safety PLCs are considered as the backbone of machine safety systems. Safety PLCs play an important role in ensuring the safety of machines and their operators. These PLCs help in replacing wired relay systems, which are used to bring machine processes to a safe state and/or condition. Safety PLC systems also help in the implementation of safety standards and safety-related programming for automated machines. In addition, programmable safety systems can be easily used in close conjunction with other systems. Owing to these factots, the machine safety market for programmable safety systems is expected to grow at a high rate during the forecast period.

“Machine Safety Market in APAC to grow at the highest CAGR during the forecast period”

The machine safety market in APAC is expected to grow at the highest CAGR between 2018 and 2025, owing to rapid industrialization in emerging economies such as China and India. These countries have already adopted machine safety for various processes such as oil & gas exploration and power generation. China specializes in the mass production of almost every product catering to industries such as automotive, semiconductor, electronics, chemicals, food & beverages, and healthcare, followed by India, which is also an important economy in APAC. Machine safety solutions such as safety PLCs, safety light curtains, and emergency stop devices are required to provide machine safety in automated applications such as metal working, robotics, and assembly lines. The adoption of safety automation solutions in manufacturing industries in this region is increasing significantly with rapid industrialization, thereby contributing to market growth.

The break-up of the profiles of primary participants for the report has been given below:

  • By Company Type: Tier 1 = 30%, Tier 2 = 38%, and Tier 3 = 32%
  • By Designation: C-Level Executives = 44%, Directors = 38%, and Others = 18%
  • By Region: North America = 30%, Europe = 32%, APAC = 26%, and RoW = 12%

Key players operating in the machine safety market include: Rockwell (US), Pilz (Germany), Schneider Electric SE (France), SICK (Germany), Mitsubishi Electric (Japan), ABB (Switzerland), Honeywell (US), Omron (Japan), Keyence (Japan), IDEC Japan), and Banner Engineering (US). Other players operating in the market include Smartscan (US), Pepperl + Fuchs (Germany), Euchner (Germany), Phoenix Contact (Germany), KA Schmersal (Germany), and Datalogic (Italy).

Research Coverage:

The research report on the global machine safety market covers the market on the basis of component (presence-sensing safety sensors, safety PLCs, safety modules/controllers/relays, safety interlock switches, and e-stop devices), implementation (individual and embedded), and application (assembly, material handling, packaging, robotics, metal working). The report covers the machine safety market in four major regions-North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:

  • Illustrative segmentations, analyses, and forecasts for the market by component, application, implementation, industry, and region have been provided in the report
  • Value chain analysis has been performed to provide an in-depth insight into the machine safety market.
  • Major drivers, restraints, opportunities, and challenges pertaining to the market have been detailed in this report.
  • The report includes a detailed competitive landscape, along with profiles of key players, in-depth analysis, and revenues of key players.
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FEATURED COMPANIES

  • ABB
  • Euchner
  • Ka Schmersal
  • Omron
  • Pilz
  • Sick AG
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.1.3.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Arriving at the Market Size By Bottom-Up Analysis
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Size By Top-Down Analysis
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Machine Safety Market
4.2 Machine Safety Market, By Component, 2018 vs 2025
4.3 Machine Safety Market in Europe, By Component and Application (2018)
4.4 Machine Safety Market, By Implementation (2018)
4.5 Machine Safety Market, By Region
4.6 Machine Safety Market, By Country (2018)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Number of Industrial Accidents
5.2.1.2 Increasing Demand for Presence-Sensing Safety Devices
5.2.1.3 Mandatory Safety Standards and Government Regulations
5.2.2 Restraints
5.2.2.1 Failure to Protect Workers and Machines From Secondary Hazards
5.2.2.2 Additional Costs Associated With Machine Safety Systems
5.2.3 Opportunities
5.2.3.1 Evolution of Industrial Revolution 4.0
5.2.3.2 Development of New and Improved Safety Light Curtains With Digital Indicators
5.2.4 Challenges
5.2.4.1 Increasing Complexity in Safety-Based Software and Hardware Designs
5.2.4.2 Failure to Access All Machinery-Related Risks

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Machine Safety Standards
6.4 Machine Safety Lifecycle
6.5 Safety Integrity Level (SIL)
6.6 Functional Safety Standards
6.6.1 Process Industry
6.6.1.1 I Ec 61508
6.6.1.2 I Ec 61511
6.6.2 Machinery
6.6.2.1 IEC 62061

7 Machine Safety Market, By Component
7.1 Introduction
7.2 Presence-Sensing Safety Sensors
7.2.1 Safety Edges
7.2.2 Laser Scanners
7.2.3 Safety Light Curtains
7.2.3.1 Light Emitting Diodes (LEDs)
7.2.3.2 Photoelectric Cells
7.2.3.3 Control Units
7.2.3.4 Displays
7.2.3.5 Enclosures
7.2.4 Safety Mats
7.2.5 Optoelectronic Devices
7.3 Emergency Stop Devices
7.3.1 Push Buttons
7.3.2 Rope (Cable) Pull Buttons
7.4 Programmable Safety Systems (Safety PLCs)
7.5 Safety Controller/Modules/Relays
7.6 Safety Interlock Switches
7.6.1 Electromechanical
7.6.2 Hinge Pin
7.6.3 Limit
7.6.4 Non-Contact
7.6.5 Tongue
7.6.6 Trapped Key
7.7 Two-Hand Safety Controls

8 Machine Safety Market, By Implementation
8.1 Introduction
8.2 Individual Components
8.3 Embedded Components

9 Machine Safety Market, By Application
9.1 Introduction
9.2 Assembly
9.3 Robotics
9.4 Packaging
9.5 Material Handling
9.6 Metal Working
9.7 Others

10 Machine Safety Market, By Industry
10.1 Introduction
10.2 Oil & Gas
10.3 Chemicals
10.4 Aerospace
10.5 Semiconductor & Electronics
10.6 Food & Beverages
10.7 Automotive
10.8 Healthcare
10.9 Others

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Rest of Europe (RoE)
11.4 APAC
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World (RoW)
11.5.1 Middle East & Africa
11.5.2 South America

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Situations and Trends
12.3.1 Product Launches (2015-2017)
12.3.2 Expansions (2015)

13 Company Profiles
(Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, and View)*
13.1 Key Players
13.1.1 Rockwell
13.1.2 Schneider Electric
13.1.3 Mitsubishi Electric
13.1.4 Omron
13.1.5 Pilz
13.1.6 ABB
13.1.7 Honeywell
13.1.8 Siemens
13.1.9 Keyence Corporation
13.1.10 IDEC Corporation
13.1.11 Sick AG
13.1.12 Banner Engineering
13.2 Other Prominent Players
13.2.1 Smartscan
13.2.2 Pepperl + Fuchs
13.2.3 Euchner
13.2.4 Phoenix Contact
13.2.5 Ka Schmersal
13.2.6 Datalogic

*Details on Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, and View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Machine Safety Market, in Terms of Value and Volume, 2016-2025
Table 2 Customization: Machine Safety Market, By Component and Geography, 2017 (USD Million)
Table 3 Occupational Fatal Injury Rates in Major Countries
Table 4 SIL-Related Measures
Table 5 Machine Safety Market, By Component, 2016-2025 (USD Million)
Table 6 Machine Safety Market, By Component, 2016-2025 (Thousand Units)
Table 7 Machine Safety Market for Presence-Sensing Safety Sensors, By Type, 2016-2025 (USD Million)
Table 8 Machine Safety Market for Presence-Sensing Safety Sensors, By Type, 2016-2025 (Thousand Units)
Table 9 Machine Safety Market for Presence-Sensing Safety Sensors, By Application, 2016-2025 (USD Million)
Table 10 Machine Safety Market for Presence-Sensing Safety Sensors, By Region, 2016-2025 (USD Million)
Table 11 Machine Safety Market for Safety Light Curtains, By Component, 2016-2025 (USD Million)
Table 12 Machine Safety Market for Emergency Stop Devices, By Type, 2016-2025 (USD Million)
Table 13 Machine Safety Market for Emergency Stop Devices, By Type, 2016-2025 (Thousand Units)
Table 14 Machine Safety Market for Emergency Stop Devices, By Application, 2016-2025 (USD Million)
Table 15 Machine Safety Market for Emergency Stop Devices, By Region, 2016-2025 (USD Million)
Table 16 Machine Safety Market for Programmable Safety Systems, By Application, 2016-2025 (USD Million)
Table 17 Machine Safety Market for Programmable Safety Systems, By Region, 2016-2025 (USD Million)
Table 18 Machine Safety Market for Safety Controllers/Modules/Relays, By Application, 2016-2025 (USD Million)
Table 19 Machine Safety Market for Safety Controllers/Modules/Relays, By Region, 2016-2025 (USD Million)
Table 20 Machine Safety Market for Safety Interlock Switches, By Type, 2016-2025 (USD Million)
Table 21 Machine Safety Market for Safety Interlock Switches, By Type, 2016-2025 (Thousand Units)
Table 22 Machine Safety Market for Safety Interlock Switches, By Application, 2016-2025 (USD Million)
Table 23 Machine Safety Market for Safety Interlock Switches, By Region, 2016-2025 (USD Million)
Table 24 Machine Safety Market for Two-Hand Safety Controls, By Application, 2016-2025 (USD Million)
Table 25 Machine Safety Market for Two-Hand Safety Controls, By Region, 2016-2025 (USD Million)
Table 26 Machine Safety Market, By Implementation, 2016-2025 (USD Billion)
Table 27 Machine Safety Market, By Application, 2016-2025 (USD Million)
Table 28 Machine Safety Market for Assembly Applications, By Component, 2016-2025 (USD Million)
Table 29 Machine Safety Market for Assembly Applications, By Region, 2016-2025 (USD Million)
Table 30 Machine Safety Market for Robotics Applications, By Component, 2016-2025 (USD Million)
Table 31 Machine Safety Market for Robotics Applications, By Region, 2016-2025 (USD Million)
Table 32 Machine Safety Market for Packaging Applications, By Component, 2016-2025 (USD Million)
Table 33 Machine Safety Market for Packaging Applications, By Region, 2016-2025 (USD Million)
Table 34 Machine Safety Market for Material Handling Applications, By Component, 2016-2025 (USD Million)
Table 35 Machine Safety Market for Material Handling Applications, By Region, 2016-2025 (USD Million)
Table 36 Machine Safety Market for Metal Working Applications, By Component, 2016-2025 (USD Million)
Table 37 Machine Safety Market for Metal Working Applications, By Region, 2016-2025 (USD Million)
Table 38 Machine Safety Market for Other Applications, By Component, 2016-2025 (USD Million)
Table 39 Machine Safety Market for Other Applications, By Region, 2016-2025 (USD Million)
Table 40 Machine Safety Market, By Industry, 2016-2025 (USD Million)
Table 41 Machine Safety Market, By Region, 2016-2025 (USD Million)
Table 42 Machine Safety Market for Presence-Sensing Safety Sensors in North America, By Application, 2016-2025 (USD Million)
Table 43 Machine Safety Market for Safety Controllers/Modules/Relays in North America, By Application, 2016-2025 (USD Million)
Table 44 Machine Safety Market for Programmable Safety Systems in North America, By Application, 2016-2025 (USD Million)
Table 45 Machine Safety Market for Safety Interlock Switches in North America, By Application, 2016-2025 (USD Million)
Table 46 Machine Safety Market for Emergency Stop Devices in North America, By Application, 2016-2025 (USD Million)
Table 47 Machine Safety Market for Two-Hand Safety Controls in North America, By Application, 2016-2025 (USD Million)
Table 48 Machine Safety Market in North America, By Country, 2016-2025 (USD Million)
Table 49 Machine Safety Market for Presence-Sensing Safety Sensors in Europe, By Application, 2016-2025 (USD Million)
Table 50 Machine Safety Market for Safety Controllers/Modules/Relays in Europe, By Application, 2016-2025 (USD Million)
Table 51 Machine Safety Market for Programmable Safety Systems in Europe, By Application, 2016-2025 (USD Million)
Table 52 Machine Safety Market for Safety Interlock Switches in Europe, By Application, 2016-2025 (USD Million)
Table 53 Machine Safety Market for Emergency Stop Devices in Europe, By Application, 2016-2025 (USD Million)
Table 54 Machine Safety Market for Two-Hand Safety Controls in Europe, By Application, 2016-2025 (USD Million)
Table 55 Machine Safety Market in Europe, By Country/Region, 2016-2025 (USD Million)
Table 56 Machine Safety Market for Presence-Sensing Safety Sensors in APAC, By Application, 2016-2025 (USD Million)
Table 57 Machine Safety Market for Safety Controllers/Modules/Relays in APAC, By Application, 2016-2025 (USD Million)
Table 58 Machine Safety Market for Programmable Safety Systems in APAC, By Application, 2016-2025 (USD Million)
Table 59 Machine Safety Market for Safety Interlock Switches in APAC, By Application, 2016-2025 (USD Million)
Table 60 Machine Safety Market for Emergency Stop Devices in APAC, By Application, 2016-2025 (USD Million)
Table 61 Machine Safety Market for Two-Hand Safety Controls in APAC, By Application, 2016-2025 (USD Thousand)
Table 62 Machine Safety Market in APAC, By Country/Region, 2016-2025 (USD Million)
Table 63 Machine Safety Market for Presence-Sensing Safety Sensors in RoW, By Application, 2016-2025 (USD Million)
Table 64 Machine Safety Market for Safety Controllers/Modules/Relays in RoW, By Application, 2016-2025 (USD Million)
Table 65 Machine Safety Market for Programmable Safety Systems in RoW, By Application, 2016-2025 (USD Million)
Table 66 Machine Safety Market for Safety Interlock Switches in RoW, By Application, 2016-2025 (USD Million)
Table 67 Machine Safety Market for Emergency Stop Devices in RoW, By Application, 2016-2025 (USD Million)
Table 68 Machine Safety Market for Two-Hand Safety Controls in RoW, By Application, 2016-2025 (USD Thousand)
Table 69 Machine Safety Market in RoW, By Region, 2016-2025 (USD Million)
Table 70 Ranking of Top 5 Market Players, 2017

List of Figures
Figure 1 Segmentation of the Machine Safety Market
Figure 2 Machine Safety Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Machine Safety Market, in Terms of Value and Volume, (2016-2025)
Figure 7 Machine Safety Market for Programmable Safety Systems to Grow at the Highest Rate Between 2018 and 2025
Figure 8 Machine Safety Market, By Implementation, 2018 and 2025 (USD Billion)
Figure 9 Machine Safety Market for Assembly Applications to Grow at the Highest Rate Between 2018 and 2025
Figure 10 Machine Safety Market in APAC to Grow at the Highest Rate During the Forecast Period
Figure 11 Attractive Growth Opportunities in the Machine Safety Market
Figure 12 Presence-Sensing Safety Sensors to Hold the Largest Size of the Machine Safety Market Throughout the Forecast Period
Figure 13 Presence-Sensing Safety Sensors to Hold the Largest Share of the Machine Safety Market in Europe in 2018
Figure 14 Individual Components to Hold A Larger Share of the Machine Safety Market in 2018
Figure 15 Europe to Hold the Largest Size of the Machine Safety Throughout the Forecast Period
Figure 16 US to Hold the Largest Share of the Machine Safety Market in 2018
Figure 17 Machine Safety Market Dynamics
Figure 18 Value Chain Analysis
Figure 19 Machine Safety Lifecycle
Figure 20 Machine Safety Market, By Component
Figure 21 Safety Light Curtains to Lead the Market for Presence-Sensing Safety Sensors Throughout the Forecast Period
Figure 22 Market for Rope (Cable) Pull Switches to Grow at Higher Rate Between 2018 and 2025
Figure 23 Electromechanical Safety Interlock Switches to Hold the Largest Size of the Market for Safety Interlock Switches in 2018
Figure 24 Machine Safety Market, By Implementation
Figure 25 Machine Safety Market, By Application
Figure 26 Robotics Applications to Hold the Largest Size of the Machine Safety Market Throughout the Forecast Period
Figure 27 Machine Safety Market for Robotics Applications in APAC to Grow at the Highest Rate During the Forecast Period
Figure 28 Presence-Sensing Safety Sensors to Hold the Largest Size of the Machine Safety Market for Metal Working Applications Throughout the Forecast Period
Figure 29 Machine Safety Market, By Industry
Figure 30 Machine Safety Market for Food & Beverages Industry to Grow at the Highest Rate Between 2018 and 2025
Figure 31 Geographic Snapshot of the Machine Safety Market
Figure 32 Europe to Dominate the Machine Safety Market Between 2018 and 2025
Figure 33 Snapshot of the Machine Safety Market in North America
Figure 34 US to Hold the Largest Size of the Machine Safety Market in North America Throughout the Forecast Period
Figure 35 Snapshot of the Machine Safety Market in Europe
Figure 36 Germany to Dominate the Machine Safety Market Throughout the Forecast Period
Figure 37 Snapshot of the Machine Safety Market in APAC
Figure 38 Machine Safety Market in India to Grow at the Highest CAGR During the Forecast Period
Figure 39 Middle East & Africa to Hold A Larger Size of the Machine Safety Market in RoW Throughout the Forecast Period
Figure 40 Organic Strategies Adopted By Companies in the Machine Safety Market
Figure 41 Battle for Market Share: Product Launches Emerged as the Key Strategy
Figure 42 Rockwell: Company Snapshot
Figure 43 Schneider Electric: Company Snapshot
Figure 44 Mitsubishi Electric: Company Snapshot
Figure 45 Omron: Company Snapshot
Figure 46 ABB: Company Snapshot
Figure 47 Honeywell: Company Snapshot
Figure 48 Siemens: Company Snapshot
Figure 49 Keyence Corporation: Company Snapshot
Figure 50 IDEC Corporation: Company Snapshot
Figure 51 Sick AG: Company Snapshot
Note: Product cover images may vary from those shown
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  • Rockwell
  • Schneider Electric
  • Mitsubishi Electric
  • Omron
  • Pilz
  • ABB
  • Honeywell
  • Siemens
  • Keyence Corporation
  • IDEC Corporation
  • Sick AG
  • Banner Engineering
  • Smartscan
  • Pepperl + Fuchs
  • Euchner
  • Phoenix Contact
  • Ka Schmersal
  • Datalogic
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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