The increased concerns about equipment safety are expected to be one of the biggest driving factors for the global machine safety market during the forecast period.
The global machine safety market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.
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Key findings of the report:
- The increased concerns about equipment safety are expected to be one of the biggest driving factors for the global machine safety market during the forecast period.
- There is an increased uptake of the machine safety systems due to the strict rules and regulations, which is expected to drive the machine safety market during the next few years.
- The rapid rise in the rate of adoption of the industrial IoT (Internet of Things) is also expected to create major growth opportunities to the key players in the machine safety market during the near future.
In-depth segmentation of the machine safety market
The report segments the global machine safety market by types, products, applications, and the major geographic regions.
The product segment of the market is further divided into presence sensing safety sensor, two-handed safety control system, programmable safety system, safety interlock switch, emergency stop controller, and such others. The application segment of the market is further divided into assembly, welding, metal working, packaging, material handling, and robotics.
Based on geography, the report segments the machine safety market into North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
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The machine safety market report provides analysis of the key players, including:
- ABB Ltd.
- Euchner GmbH + Co. KG
- Honeywell International Inc.
- IDEC Corporation
- Mitsubishi Electric Corporation
- Phoenix Contact
- PILZ GmbH & Co. KG
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
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