The Business Research Company’s Machine Safety Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Machine Safety Global Market Report 2023 evaluates machine safety market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global machine safety market size grew from $4.91 billion in 2022 to $5.26 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The machine safety market size is expected to grow to $7.27 billion in 2027 at a CAGR of 8.4%.
The machine safety market segments in the report are:
By Implementation
Individual Components
Embedded Components
By Component
Presense Sensing Safety Sensors
Safety Interlock Switches,
Safety Controllers/Modules/Relays\Programmable Safety Systems
Emergency Stop Controls
Two-Hand Safety Controls
By System
Assembly
Material Handling
Metal Working
Packaging
Robotics,
Other Systems
By Industry
Oil And Gas
Energy And Power
Chemicals
Food And Beverages
Aerospace And Defense
Automotive
Semiconductor And Electronics
Healthcare And Pharmaceuticals
Metals And Mining
Other Industries
Top Major Players
ABB Ltd.
Schneider Electric SE
Honeywell International Inc.
Emerson Electric Co
Rockwell Automation Inc.
Western Europe was the largest region in the machine safety market in 2022.
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The table of contents in TBRC’s machine safety market report includes:
1. Executive Summary
2. Machine Safety Market Characteristics
3. Machine Safety Market Trends And Strategies
4. Machine Safety Market – Macro Economic Scenario
5. Machine Safety Market Size And Growth
……………..
26. Africa Machine Safety Market
27. Machine Safety Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Machine Safety Market
29. Machine Safety Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Machine Safety Market, Segmentation By Implementation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Machine Safety Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Machine Safety Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: ABB Ltd Financial Performance
Table 48: Schneider Electric SE Financial Performance
Table 49: Honeywell International Inc Financial Performance
Table 50: Emerson Electric Co Financial Performance
Table 51: Rockwell Automation Inc Financial Performance
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