The machine safety market is expected to grow from USD 4.37
Billion in 2018 to USD 6.58 Billion by 2025, at a CAGR of 6.0% between 2018 and
2025. Growing emphasis on industrial safety and proactive safety measures,
rising number of accidents in industries, mandatory safety standards and
government policies, and increasing demand for presence-sensing safety devices
are driving the growth of the machine safety market.
Ask for PDF
Brochure:
Presence-sensing safety sensors held the largest
size of the machine safety market in 2017
Presence-sensing safety sensors held the largest
size, in terms of value, of the machine safety in 2017. Presence-sensing safety
sensors used in safety systems are developed and designed to ensure a safe
output based on logic if a signal transmission does not occur. Safety sensors
play an important role in implementing machine safety solutions in various
industrial applications. Presence-sensing safety devices are suitable for
applications in which personnel need frequent and safe access to critical areas
near robotic welding, stamping, hydraulic presses, filter presses, or packaging
equipment. These safety sensors are often preferred over physical guards as
these devices allow easier access for loading parts or for routine maintenance,
thereby increasing productivity.
Robotics applications to hold the largest size of
the market between 2018 and 2025
Safety is important in the robotics industry.
Robotics applications hold the largest share of the machine safety market, and
a similar trend is likely to continue between 2018 and 2025. Industrial robots
are programmable mechanical machines that are used for moving parts,
components, materials, and tools. Machine safety functions such as controlling,
limiting, and positioning are a must for automated robotic processes. Machine
safety products sense emergency situations and stop robots from making and
damaging products or harming operators. Thus, the market for robotics
applications is expected to grow at a considerable rate during the forecast
period.
Automotive industry held the largest size of the
machine safety market in 2017
The automotive industry held the largest size of
the machine safety market in 2017. The rising demand for automobiles owing to
the increase in population with purchasing power worldwide and the feasibility
of easy loans is driving the growth of the market for the automotive industry.
The development of environmentally friendly electric vehicles has led to the
creation of a new segment of automobiles. Automotive companies focus on
automation to address the fast-changing consumer needs in various markets
worldwide. The rising adoption of machine safety systems, such as safety
light curtains, safety switches, emergency stop devices, and safety sensors,
for assembly, presses, and material handling applications in the automotive
industry is driving the growth of the machine safety market for the automotive
industry.
Request
Sample Report Pages:
Europe to hold the largest size of the machine
safety market between 2018 and 2025
Europe is expected to hold the largest size of the
machine safety market throughout the forecast period. The presence of
automotive manufacturers and increasing automation in the automotive industry
in Europe support the growth of the machine safety market in this region.
Manufacturing process in the automotive industry is complex; it requires safety
measures to ensure the safety of personnel as well as machines for the smooth
functioning of the industry. In addition, machine and industrial safety
measures are strictly followed under various regulatory standards in Europe.
Countries in this region are continuously focusing on automating discrete and
process industries, along with maintaining high safety standards ensuring the
safety of workers in these industries. Due to these factors, Europe is expected
to hold the largest share of the machine safety market throughout the forecast
period.
The machine safety market was dominated by players
such as Rockwell (US), Pilz (Germany), Schneider (France), SICK (Germany), and
Mitsubishi Electric (Japan), ABB (Switzerland), Honeywell (US), KA Schmersal
(Germany), and Omron (Japan).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
