Machine Safety Market Breakdown Data by Regions, Type, Manufacturers and Applications, Forecast 2017-2027

"The Report Machine Safety Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

The main objective of this report is to define, describe, and forecast the global “Machine Safety” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

Get Sample Copy Of This Report @ https://www.marketresearchreports.biz/sample/sample/1834637

Increasing accidents at workplaces is one of the important reasons for the growth of the global market for machine safety across the globe

Increasing accidents at workplaces are turning out to be the major threats for the industrial reputation of companies. Due to fatal injuries to the employees working near machines, industries are focussing on implementing machine safety measures. With the implementation of machine safety equipment, industries are focusing on delivering security to the employees as well as maintaining the safety of the machinery. Hence, increasing accidents at workplaces in developed countries are expected to drive the growth of the machine safety market over the forecast period.

Increasing government regulations on industries for delivering workplace occupational health to the workers is resulting in the increased importance and deployment of machine safety equipment at workplaces. These factors are resulting in the increasing importance of workplace occupational health for the employees, consequently these regulations are boosting the growth of the global machine safety market.

Emerging economies in APEJ such as India and China are witnessing a drift towards rapid urbanisation and rising consumer disposable incomes. Owing to this, the demand for machine safety products such as emergency stop controls, pressure sensing safety sensors, and other machine safety devices have suddenly increased and thus the growth of the market is also expected to increase in various end use industries.

machine safety market
Automotive segment accounts for comparatively higher revenue share and is expected to remain dominant during the forecast period

With nearly 20% market share, automotive segment is projected to remain dominant throughout the forecast period. In terms of value, the automotive segment is projected to be the most attractive one in the global machine safety market during the forecast period. In 2017, the automotive segment is estimated to be valued at more than US$ 600 Mn, and is expected to witness steady growth in terms of revenue throughout the forecast period.

Regulations in North America, Latin America and Europe pertaining to occupational safety

Worker safety regulations in the United States are enforced through the Occupational Safety and Health Administration (OSHA). On the other hand, The Canada Labour Code (CLC) governs, among other items, occupational safety and health in federal works, undertakings and businesses including employment on ships, trains and aircraft while in operation, and employment in the oil and gas industry in Canada Lands. In Latin America machines, movable parts and safeguarding equipment shall be inspected regularly, maintained and repaired properly. It is mandatory in Mexico to train the employees about Health and Safety Documentation that is required in the workplace, and a description and format for the necessary preventive measures to ensure a safe work place.

The regulatory standards which address safety and occupational health in Brazil, known as NRs (Normas Regulamentadoras), are mandatory for public and private companies, public institutions of direct and indirect administration, as well as government organizations having employees under the Labor Laws Consolidation. European directives are crystal clear and the fundamental principal of the European community is the protection of the health of its citizens, both in the private and in the professional sphere. In accordance with the treaty on the functioning of the European Union, the European Commission and the Council of the European Union have passed various directives with the aim of achieving free movement of goods and protecting its citizens.

Request For TOC @ https://www.marketresearchreports.biz/reports/1834637/machine-safety-global-industry-analysis-market-research-reports/toc

Table Of Content
1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

2.3. Market Overview

3. Market View Point

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Key Regulations

3.4. Evolution of Machine Safety Market

3.5. Machine Safety Life Cycle

4. Global Market Analysis 20122016 and Forecast 20172027

4.1. Market Size and Y-o-Y Growth

4.2. Absolute $ Opportunity

4.3. Value Chain

5. North America Machine Safety Market Analysis 20122016 and Forecast 20172027

5.1. Introduction

5.2. Regional Market Dynamics

5.2.1. Drivers

5.2.2. Restraints

5.2.3. Trends

5.3. Market Size (US$ Mn) By Country, 2012-2016

5.3.1. U.S.

5.3.2. Canada

5.4. Market Size (US$ Mn) and Forecast By Country, 2017-2027

5.4.1. U.S.

5.4.2. Canada

5.5. Market Size (US$ Mn) and Forecast By Product

5.5.1. Emergency Stop Controls

5.5.2. Safety Sensors

5.5.3. Safety Interlock Switches

5.5.4. Programmable Safety System

5.5.5. Safety Modules

5.5.6. Others

About Us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact Us

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

This release was published on openPR.