Machine Safety Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Presence-Sensing Safety Sensors, Safety Controllers Modules Relays, Programmable Safety Systems, Safety Interlock Switches, Emergency Stop Devices, Others); Application (Material Handling, Metal Working, Packaging, Robotics, Others); Industry (Oil and Gas, Chemicals, Aerospace, Semiconductor and Electronics, Food and Beverages, Automotive, Healthcare, Others) and Geography

Report Code: TIPRE00002788 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

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MARKET OVERVIEW

The increase in accidents at the workplace is leading to be the major threats for the industry reputation of the firms. Industries are focusing on implementing machine safety measures, owing to life-threatening injuries to the personnel working near machines. Industries are concentrating on delivering security to the workers by the implementation of machine safety equipment, and also maintaining the safety of the machinery.

MARKET SCOPE

The "Global Machine Safety Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the machine safety market with detailed market segmentation by component, application, industry, and geography. The report provides key statistics on the market status of the leading machine safety market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on component, the global machine safety market is segmented presence-sensing safety sensors, safety controllers modules relays, programmable safety systems, safety interlock switches, emergency stop devices, and others.
  •   On the basis of application, the market is segmented into material handling, metal working, packaging, robotics and others.
  •   Based on industry, the market is segmented into oil and gas, chemicals, aerospace, semiconductor and electronics, food and beverages, automotive, helathcare, and others.


MARKET DYNAMICS
Drivers

  •   The growing emphasis on proactive safety and industrial safety measures, an increasing number of accidents in companies, growing demand for presence-sensing safety devices, and mandatory safety standards and government policies are propelling the growth of the market.
  •   Moreover, emerging industrial revolution 4.0 and the development of innovative and advanced safety light curtains with digital indicators are expected to provide significant opportunities for the machine safety market in the forecast period

Restraints

  •   The increasing complexity in safety-based hardware and software designs is anticipated to hamper the growth of the machine safety market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The machine safety market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the machine safety market in these regions.

IMPACT OF COVID-19 ON MACHINE SAFETY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the machine safety market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from machine safety market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the machine safety market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   ABB Ltd.
  •   Banner Engineering Corp.
  •   Honeywell International Inc.
  •   IDEC CORPORATION
  •   KEYENCE CORPORATION
  •   OMRON CORPORATION
  •   ROCKWELL AUTOMATION, INC.
  •   SCHNEIDER ELECTRIC SE
  •   SICK AG
  •   SIEMENS AG


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Machine Safety Market - By Component
1.3.2 Machine Safety Market - By Application
1.3.3 Machine Safety Market - By Industry
1.3.4 Machine Safety Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MACHINE SAFETY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. MACHINE SAFETY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MACHINE SAFETY MARKET - GLOBAL MARKET ANALYSIS
6.1. MACHINE SAFETY - GLOBAL MARKET OVERVIEW
6.2. MACHINE SAFETY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MACHINE SAFETY MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. PRESENCE-SENSING SAFETY SENSORS
7.3.1. Overview
7.3.2. Presence-Sensing Safety Sensors Market Forecast and Analysis
7.4. SAFETY CONTROLLERS MODULES RELAYS
7.4.1. Overview
7.4.2. Safety Controllers Modules Relays Market Forecast and Analysis
7.5. PROGRAMMABLE SAFETY SYSTEMS
7.5.1. Overview
7.5.2. Programmable Safety Systems Market Forecast and Analysis
7.6. SAFETY INTERLOCK SWITCHES
7.6.1. Overview
7.6.2. Safety Interlock Switches Market Forecast and Analysis
7.7. EMERGENCY STOP DEVICES
7.7.1. Overview
7.7.2. Emergency Stop Devices Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. MACHINE SAFETY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MATERIAL HANDLING
8.3.1. Overview
8.3.2. Material Handling Market Forecast and Analysis
8.4. METAL WORKING
8.4.1. Overview
8.4.2. Metal Working Market Forecast and Analysis
8.5. PACKAGING
8.5.1. Overview
8.5.2. Packaging Market Forecast and Analysis
8.6. ROBOTICS
8.6.1. Overview
8.6.2. Robotics Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. MACHINE SAFETY MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
9.1. OVERVIEW
9.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. OIL AND GAS
9.3.1. Overview
9.3.2. Oil and Gas Market Forecast and Analysis
9.4. CHEMICALS
9.4.1. Overview
9.4.2. Chemicals Market Forecast and Analysis
9.5. AEROSPACE
9.5.1. Overview
9.5.2. Aerospace Market Forecast and Analysis
9.6. SEMICONDUCTOR AND ELECTRONICS
9.6.1. Overview
9.6.2. Semiconductor and Electronics Market Forecast and Analysis
9.7. FOOD AND BEVERAGES
9.7.1. Overview
9.7.2. Food and Beverages Market Forecast and Analysis
9.8. AUTOMOTIVE
9.8.1. Overview
9.8.2. Automotive Market Forecast and Analysis
9.9. HEALTHCARE
9.9.1. Overview
9.9.2. Healthcare Market Forecast and Analysis
9.10. OTHERS
9.10.1. Overview
9.10.2. Others Market Forecast and Analysis

10. MACHINE SAFETY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Machine Safety Market Overview
10.1.2 North America Machine Safety Market Forecasts and Analysis
10.1.3 North America Machine Safety Market Forecasts and Analysis - By Component
10.1.4 North America Machine Safety Market Forecasts and Analysis - By Application
10.1.5 North America Machine Safety Market Forecasts and Analysis - By Industry
10.1.6 North America Machine Safety Market Forecasts and Analysis - By Countries
10.1.6.1 United States Machine Safety Market
10.1.6.1.1 United States Machine Safety Market by Component
10.1.6.1.2 United States Machine Safety Market by Application
10.1.6.1.3 United States Machine Safety Market by Industry
10.1.6.2 Canada Machine Safety Market
10.1.6.2.1 Canada Machine Safety Market by Component
10.1.6.2.2 Canada Machine Safety Market by Application
10.1.6.2.3 Canada Machine Safety Market by Industry
10.1.6.3 Mexico Machine Safety Market
10.1.6.3.1 Mexico Machine Safety Market by Component
10.1.6.3.2 Mexico Machine Safety Market by Application
10.1.6.3.3 Mexico Machine Safety Market by Industry
10.2. EUROPE
10.2.1 Europe Machine Safety Market Overview
10.2.2 Europe Machine Safety Market Forecasts and Analysis
10.2.3 Europe Machine Safety Market Forecasts and Analysis - By Component
10.2.4 Europe Machine Safety Market Forecasts and Analysis - By Application
10.2.5 Europe Machine Safety Market Forecasts and Analysis - By Industry
10.2.6 Europe Machine Safety Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Machine Safety Market
10.2.6.1.1 Germany Machine Safety Market by Component
10.2.6.1.2 Germany Machine Safety Market by Application
10.2.6.1.3 Germany Machine Safety Market by Industry
10.2.6.2 France Machine Safety Market
10.2.6.2.1 France Machine Safety Market by Component
10.2.6.2.2 France Machine Safety Market by Application
10.2.6.2.3 France Machine Safety Market by Industry
10.2.6.3 Italy Machine Safety Market
10.2.6.3.1 Italy Machine Safety Market by Component
10.2.6.3.2 Italy Machine Safety Market by Application
10.2.6.3.3 Italy Machine Safety Market by Industry
10.2.6.4 United Kingdom Machine Safety Market
10.2.6.4.1 United Kingdom Machine Safety Market by Component
10.2.6.4.2 United Kingdom Machine Safety Market by Application
10.2.6.4.3 United Kingdom Machine Safety Market by Industry
10.2.6.5 Russia Machine Safety Market
10.2.6.5.1 Russia Machine Safety Market by Component
10.2.6.5.2 Russia Machine Safety Market by Application
10.2.6.5.3 Russia Machine Safety Market by Industry
10.2.6.6 Rest of Europe Machine Safety Market
10.2.6.6.1 Rest of Europe Machine Safety Market by Component
10.2.6.6.2 Rest of Europe Machine Safety Market by Application
10.2.6.6.3 Rest of Europe Machine Safety Market by Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Machine Safety Market Overview
10.3.2 Asia-Pacific Machine Safety Market Forecasts and Analysis
10.3.3 Asia-Pacific Machine Safety Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific Machine Safety Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Machine Safety Market Forecasts and Analysis - By Industry
10.3.6 Asia-Pacific Machine Safety Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Machine Safety Market
10.3.6.1.1 Australia Machine Safety Market by Component
10.3.6.1.2 Australia Machine Safety Market by Application
10.3.6.1.3 Australia Machine Safety Market by Industry
10.3.6.2 China Machine Safety Market
10.3.6.2.1 China Machine Safety Market by Component
10.3.6.2.2 China Machine Safety Market by Application
10.3.6.2.3 China Machine Safety Market by Industry
10.3.6.3 India Machine Safety Market
10.3.6.3.1 India Machine Safety Market by Component
10.3.6.3.2 India Machine Safety Market by Application
10.3.6.3.3 India Machine Safety Market by Industry
10.3.6.4 Japan Machine Safety Market
10.3.6.4.1 Japan Machine Safety Market by Component
10.3.6.4.2 Japan Machine Safety Market by Application
10.3.6.4.3 Japan Machine Safety Market by Industry
10.3.6.5 South Korea Machine Safety Market
10.3.6.5.1 South Korea Machine Safety Market by Component
10.3.6.5.2 South Korea Machine Safety Market by Application
10.3.6.5.3 South Korea Machine Safety Market by Industry
10.3.6.6 Rest of Asia-Pacific Machine Safety Market
10.3.6.6.1 Rest of Asia-Pacific Machine Safety Market by Component
10.3.6.6.2 Rest of Asia-Pacific Machine Safety Market by Application
10.3.6.6.3 Rest of Asia-Pacific Machine Safety Market by Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Machine Safety Market Overview
10.4.2 Middle East and Africa Machine Safety Market Forecasts and Analysis
10.4.3 Middle East and Africa Machine Safety Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa Machine Safety Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Machine Safety Market Forecasts and Analysis - By Industry
10.4.6 Middle East and Africa Machine Safety Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Machine Safety Market
10.4.6.1.1 South Africa Machine Safety Market by Component
10.4.6.1.2 South Africa Machine Safety Market by Application
10.4.6.1.3 South Africa Machine Safety Market by Industry
10.4.6.2 Saudi Arabia Machine Safety Market
10.4.6.2.1 Saudi Arabia Machine Safety Market by Component
10.4.6.2.2 Saudi Arabia Machine Safety Market by Application
10.4.6.2.3 Saudi Arabia Machine Safety Market by Industry
10.4.6.3 U.A.E Machine Safety Market
10.4.6.3.1 U.A.E Machine Safety Market by Component
10.4.6.3.2 U.A.E Machine Safety Market by Application
10.4.6.3.3 U.A.E Machine Safety Market by Industry
10.4.6.4 Rest of Middle East and Africa Machine Safety Market
10.4.6.4.1 Rest of Middle East and Africa Machine Safety Market by Component
10.4.6.4.2 Rest of Middle East and Africa Machine Safety Market by Application
10.4.6.4.3 Rest of Middle East and Africa Machine Safety Market by Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Machine Safety Market Overview
10.5.2 South and Central America Machine Safety Market Forecasts and Analysis
10.5.3 South and Central America Machine Safety Market Forecasts and Analysis - By Component
10.5.4 South and Central America Machine Safety Market Forecasts and Analysis - By Application
10.5.5 South and Central America Machine Safety Market Forecasts and Analysis - By Industry
10.5.6 South and Central America Machine Safety Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Machine Safety Market
10.5.6.1.1 Brazil Machine Safety Market by Component
10.5.6.1.2 Brazil Machine Safety Market by Application
10.5.6.1.3 Brazil Machine Safety Market by Industry
10.5.6.2 Argentina Machine Safety Market
10.5.6.2.1 Argentina Machine Safety Market by Component
10.5.6.2.2 Argentina Machine Safety Market by Application
10.5.6.2.3 Argentina Machine Safety Market by Industry
10.5.6.3 Rest of South and Central America Machine Safety Market
10.5.6.3.1 Rest of South and Central America Machine Safety Market by Component
10.5.6.3.2 Rest of South and Central America Machine Safety Market by Application
10.5.6.3.3 Rest of South and Central America Machine Safety Market by Industry

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. MACHINE SAFETY MARKET, KEY COMPANY PROFILES
12.1. ABB LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BANNER ENGINEERING CORP.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HONEYWELL INTERNATIONAL INC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. IDEC CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. KEYENCE CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. OMRON CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. ROCKWELL AUTOMATION, INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SCHNEIDER ELECTRIC SE
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SICK AG
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SIEMENS AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. ABB Ltd.
2. Banner Engineering Corp.
3. Honeywell International Inc
4. IDEC CORPORATION
5. KEYENCE CORPORATION
6. OMRON CORPORATION
7. ROCKWELL AUTOMATION, INC.
8. SCHNEIDER ELECTRIC SE
9. SICK AG
10. SIEMENS AG
TIPRE00002788
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