Global Machine Safety Market Size, Share, Opportunities, And Trends By Component (Presence-sensing safety sensors, Programmable safety systems, Safety controllers/ modules/relays, Emergency stop devices, Safety interlock switches, Two-hand safety controls), By Implementation (Individual components, Embedded components), By Application (Assembly, Robotics, Material Handling, Packaging, Metalworking, Others), By Industry (Oil & Gas, Chemicals, Aerospace, Food & beverages, Healthcare, Semiconductor & Electronics, Automotive, Others), And By Geography - Forecasts From 2025 To 2030

  • Published : Nov 2024
  • Report Code : KSI061614140
  • Pages : 145
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Global Machine Safety Market is projected to grow at a CAGR of 5.34% between 2025 to 2030.

The Machine Safety market includes safety devices and controls which protect a machine from unexpected damage. In an industrial setup, several types of machinery are installed and are worked upon by numerous workers. Continuous operation warms up the machine components making them prone to damage. Furthermore, improper installation, low-quality internal components, increasing heat, and human negligence have the potential to cause damage and hazards, leading to significant financial loss and loss of life. Hence machine safety solutions are employed to ensure the safe operation of machines. Growing industrialization accompanied by rising automation across industries increases the number of types of machinery in operation and hence is expected to create robust demand for machine safety solutions. Furthermore, improved operational efficiency owing to safety measures reduces significant loss and chances of potential loss caused by mishaps, making the market more attractive. The launch of new and improved products also diversifies the market scope. However, the significant initial cost may hinder the market growth.

Geographically, the machine safety market is divided into North America, South America, Europe, the Middle East, and Africa, and the Asia Pacific regions for the study. The Asia Pacific machine safety market is anticipated to surge at a promising rate during the forecast period owing to rapid industrialization in the region. The availability of a skilled labor force at low cost accompanied by promotion by industries and governments is converting the Asia Pacific region into a manufacturing hub. China, India, South Korea, Vietnam, and Thailand are leading countries that have moved or are slowly moving towards becoming manufacturing giants in the world. Furthermore, a rise in Industry 4.0 in the region is expected to create new opportunities. The rise in industrialization is projected to increase machinery and automation in the countries, creating significant demand for machine safety equipment.

The increasing adoption of robots across numerous industry verticals is projected to drive market growth.

Based on application, the machine safety market is segmented into assembly, robotics, material handling, metalworking, packaging, and others. Robotics demand for machine safety equipment is expected to grow at the fastest rate during the forecast period owing to the rise in robots’ adoption across several industry verticals. With increasing robot employment and the rise in automation, programming safety systems and safety controllers are expected to observe robust growth.

Growth Factor

  • Rising industrialization and the kicking-in of Industry 4.0 are expected to create robust demand for the market.

One of the prime reasons which are projected to drive promising growth in the market for machine safety during the forecast period is booming industrialization and the rise of Industry 4.0, particularly in the Asia Pacific region, which is emerging as a fulcrum for manufacturing products.  

Covid-19 Insights

The outbreak of coronavirus forced various industries to shut down and halt operations. This negatively impacted the market for machine safety.

Key Market Segments

  • By Component
    • Presence-sensing safety sensors
    • Programmable safety systems
    • Safety controllers/ modules/relays
    • Emergency stop devices
    • Safety interlock switches 
    • Two-hand safety controls
  • By Implementation
    • Individual components 
    • Embedded components
  • By Application
    • Assembly
    • Robotics
    • Material Handling
    • Metal Working
    • Packaging
    • Others
  • By Industry
    • Oil and Gas
    • Chemical
    • Aerospace
    • Food and Beverage
    • Healthcare
    • Semiconductors & Electronics
    • Automotive
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • Spain
      • France
      • Others
    • Middle East and Africa
      • UAE
      • Saudi Arabia
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The global machine safety market is anticipated to reach a market size of US$1,845.565 million in 2026.

Machine Safety Market was valued at US$1,204.949 million in 2019.

The machine safety market is anticipated to grow at a CAGR of 6.28% over the forecast period.

Prominent key market players in the global machine safety market include Rockwell Automation, Inc., Schneider Electric, Honeywell International Inc., Siemens, Keyence Corporation, and Mitsubishi Electric Corporation.

With constant technological advancements and innovations taking place in the machine safety industry and their capability of increasing operational efficiency and personnel safety, the machine safety market is set to grow exponentially in the upcoming years.

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation


2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions


3. EXECUTIVE SUMMARY
3.1. Research Highlights


4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis


5. GLOBAL MACHINE SAFETY MARKET, BY COMPONENT
5.1. Introduction
5.2. Presence-sensing safety sensors
5.3. Programmable safety systems
5.4. Safety controllers/ modules/relays
5.5. Emergency stop devices
5.6. Safety interlock switches 
5.7. Two-hand safety controls 


6. GLOBAL MACHINE SAFETY MARKET, BY IMPLEMENTATION 
6.1. Introduction
6.2. Individual components  
6.3. Embedded components


7. GLOBAL MACHINE SAFETY MARKET, BY APPLICATION
7.1. Introduction
7.2. Assembly
7.3. Robotics
7.4. Material Handling
7.5. Metal Working
7.6. Packaging 
7.7. Others 


8. GLOBAL MACHINE SAFETY MARKET, BY INDUSTRY 
8.1. Introduction
8.2. Oil and Gas
8.3. Chemical
8.4. Aerospace
8.5. Food and Beverage
8.6. Healthcare
8.7. Semiconductors & Electronics
8.8. Automotive
8.9. Others 


9. GLOBAL MACHINE SAFETY MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. North America Machine Safety Market, By Component
9.2.2. North America Machine Safety Market, By Implementation 
9.2.3. North America Machine Safety Market, By Application
9.2.4. North America Machine Safety Market, By Industry 
9.2.5. By Country 
9.2.5.1. United States
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. South America
9.3.1. South America Machine Safety Market, By Component
9.3.2. South America Machine Safety Market, By Implementation 
9.3.3. South America Machine Safety Market, By Application
9.3.4. South America Machine Safety Market, By Industry 
9.3.5. By Country 
9.3.5.1. Brazil
9.3.5.2. Argentina
9.3.5.3. Others
9.4. Europe
9.4.1. Europe Machine Safety Market, By Component
9.4.2. Europe Machine Safety Market, By Implementation 
9.4.3. Europe Machine Safety Market, By Application
9.4.4. Europe Machine Safety Market, By Industry 
9.4.5. By Country
9.4.5.1. Germany
9.4.5.2. France
9.4.5.3. United Kingdom 
9.4.5.4. Spain 
9.4.5.5. Others
9.5. Middle East and Africa
9.5.1. Middle East and Africa Machine Safety Market, By Component
9.5.2. Middle East and Africa Machine Safety Market, By Implementation 
9.5.3. Middle East and Africa Machine Safety Market, By Application
9.5.4. Middle East and Africa Machine Safety Market, By Industry 
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.2. UAE
9.5.5.3. Israel
9.5.5.4. Others
9.6. Asia Pacific
9.6.1. Asia Pacific Machine Safety Market, By Component
9.6.2. Asia Pacific Machine Safety Market, By Implementation 
9.6.3. Asia Pacific Machine Safety Market, By Application
9.6.4. Asia Pacific Machine Safety Market, By Industry 
9.6.5. By Country 
9.6.5.1. China
9.6.5.2. India
9.6.5.3. South Korea
9.6.5.4. Taiwan
9.6.5.5. Thailand
9.6.5.6. Indonesia 
9.6.5.7. Japan
9.6.5.8. Others


10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrative
10.3. Mergers, Acquisition, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix


11. COMPANY PROFILES
11.1. Rockwell Automation 
11.2. Schneider Electric
11.3. Honeywell International
11.4. Siemens
11.5. Mitsubishi Electric Corporation
11.6. OMRON Corporation
11.7. IDEC Corporation
11.8. ABB

Rockwell Automation

Schneider Electric

Honeywell International

Siemens

Mitsubishi Electric Corporation

OMRON Corporation

IDEC Corporation

ABB