November 28, 2020

Machine Safety Market Size & Growth

As per the latest study performed by GME, Machine Safety Market will grow at a 6.4% growth rate. Increasing strict government regulations and labor safety policies and accident-free environment are triggering the demand for machine safety products. Increasing demand for Presence Sensing Devices (PSD) will help propel market growth. Also rising adoption and implementation of hazardous machines and equipment in various industries are creating lucrative opportunities for the machine safety market.

Browse 165 Market Data Tables and 114 Figures spread through 179 Pages on "Global Machine Safety Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/global-machine-safety-market-2527

By Implementation (Individual components, and Embedded components); By Component (Presense Sensing Safety Sensors[Safety Mats, Safety Light Curtains, Laser Scanners, and Safety Edges, and Other Devices (single & multi-beam devices)], Safety Interlock Switches [Trapped Key Interlock Switches, Tongue Interlock Switches, Non-contact Interlock Switches, Limit Switches, Hinge Pin, and Electromechanical], Safety Controllers/Modules/Relays, Programmable Safety Systems, Emergency Stop Controls[Rope Pull Button, and Push Button], Two-hand Safety Controls); By System (Robotics, Packaging, Metal Working, Material Handling, Assembly, and Others [welding and shielding of heavy machinery]); By Industry (Metals & Mining, Healthcare and Pharmaceuticals, Semiconductor & Electronics, Automotive, Aerospace &Defense, Food & Beverages, Chemicals, Energy & Power, Oil & Gas, and Others [paper & pulp, water & wastewater, and textiles]); By Region (North America, Europe, Asia Pacific, MEA, and CSA), Company Market Share & Competitor Analysis

Key Market Insights:

·         As per the latest study performed by GME on, machine safety, the market will grow at 6.4% growth rate

·         The individual components segment is expected to dominate the market as they are compatible with one another and can be easily connected and configure.

·         The presence of sensing safety sensors is the highest growing market of machine safety products due to increasing demand for security requirements for protecting workers and the production unit from any accidents mandated by the stringent industrial safety regulations based on the national and international standards

·         Robotics to contribute the highest in the market.

The key players operating in the market include Keyence Corporation, Mitsubishi Electric Corporation, Sick AG, Pilz GmbH & Co. KG, Balluff GmbH, and Banner Engineering Corp., ABB Ltd., General Electric Co., Honeywell International Inc., Emerson Electric Co., Schneider Electric SE, Siemens AG, Rockwell Automation, Inc., Yokogawa Electric Corp., and Omron Corporation among others.

Browse the Global Machine Safety Market Report @: https://www.globalmarketestimates.com/market-report/global-machine-safety-market-2527

·         ImplementationOutlook (Revenue, USD Billion, 2020 - 2026)

·         Individual components

·         Embedded components

·         Component Outlook (Revenue, USD Billion, 2020 - 2026)

·         Presense Sensing Safety Sensors

·         Safety Mats,

·         Safety Light Curtains,

·         Laser Scanners

·         Safety Edges

·         Other Devices (single & multi-beam devices)

·         Safety Interlock Switches

·         Trapped Key Interlock Switches

·         Tongue Interlock Switches

·         Non-contact Interlock Switches

·         Limit Switches

·         Hinge Pin

·         Electromechanical

·         Safety Controllers/Modules/Relays

·         Programmable Safety Systems

·         Emergency Stop Controls

·         Push Button

·         Rope Pull Button

·         Two-hand Safety Controls

·         SystemOutlook (Revenue, USD Billion, 2020 - 2026)

·         Robotics

·         Packaging

·         Metal Working

·         Material Handling

·         Assembly

·         Industry Outlook (Revenue, USD Billion, 2020 - 2026)

·         Metals & Mining

·         Healthcare and Pharmaceuticals

·         Semiconductor & Electronics

·         Automotive

·         Aerospace &Defense

·         Food & Beverages

·         Chemicals

·         Energy & Power

·         Oil & Gas

·         Others (paper & pulp, water & wastewater, and textiles)

·         Regional Outlook (Revenue, USD Billion, 2020 - 2026)

·         North America

·         U.S.

·         Canada

·         Mexico

·         Europe

·         Germany

·         UK

·         France

·         Spain

·         Italy

·         Rest of Europe

·         Asia Pacific

·         China

·         India

·         Japan

·         South Korea

·         Australia

·         Rest of APAC

·         Central & South America

·         Brazil

·         Argentina

·         Chile

·         Rest of CSA

·         Middle East & Africa

·         Saudi Arabia

·         South Africa

·         UAE

·         Rest of MEA

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