openPR Logo
Press release

Machine Safety Market Analysis By 2024 - Pilz, Schneider Electric, ABB, KEYENCE CORPORATION, SICK, Rockwell Automation, Honeywell, Banner Engineering, Phoenix Contact, Pepperl+Fuchs GmbH and Datalogic

Machine Safety Market

Machine Safety Market

The Europe machine safety market accounted for the majority of the customer base among other regions. The high availability of the manufacturing industries and the adoption of large size machines in these industries are increasing the demand for this equipment in the region. Growing industrialization in the region is the major factor driving the requirements of these components for the safety of the workforce in these sectors. Developed countries in the region are generating a large customer base for these products by adopting several newly developed machinery.

Request for an in-depth table of contents for this report @ www.gminsights.com/request-toc/upcoming/2993

Increasing governmental regulations and policies for labor safety and accident-free environment are increasing the demand for the products in machine safety market, which will ensure workplace safety. The high costs associated with workplace accidents are wages to disabled & sick workers and damaged machine repair cost & insurance claim that needs to be controlled by the management. For instance, the Occupational Safety and Health Act (OSHA) was enacted in 1970 to address and respond to the growing number of accidents and injuries in workplaces. It is administered by the Department of Labor in the guidance of Assistant Secretary of Labor for Occupational Safety and Health.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Pilz
2. Schneider Electric
3. Mitsubishi Electric Corporation
4. ABB
5. OMRON Group
6. KEYENCE CORPORATION
7. SICK
8. IDEC USA
9. Rockwell Automation
10. Honeywell
11. Banner Engineering
12. Phoenix Contact
13. Pepperl+Fuchs GmbH
14. EUCHNER GmbH + Co. KG
15. Datalogic

Request for customization @ www.gminsights.com/roc/2993

The growing demand for Presence Sensing Devices (PSD) for the safety of machines is increasing the need and requirement of these products in machine safety market. These devices are designed to stop the machine strokes automatically by interrupting the sensing field. It includes several safety products such as safety light curtains, safety laser scanners, hand detection safety sensor, safety mats, and safety edge profiles. These devices are grouped into three types of technologies, invisible infrared, laser beam, and camera-based. Presence sensing systems are required to fulfill some requirements as per the OSHA guidelines as they are not permitted on full rotations of clutches and must be kept away from the reach of physical barriers, ensuring a safe distance from the point of operation & sensing area.

Embedded safety modules are expected to account for the majority share in the machine safety market. These products are embedded inside a machine to provide safety precautions and lock the machines in case of failures. Individual type of safety products needs to be purchased separately and this incurs separate additional costs to the company. The disadvantage of embedded systems is that these products need to be changed during failures, which requires the opening of machine parts and systems. This process is very expensive and complicated. Moreover, the machine working has to be paused till the time of repair of the safety products to avoid further failures and accidents.

Browse Report Summery @ www.gminsights.com/industry-analysis/machine-safety-market

The applications of these products in the chemical industry are growing rapidly, driving the machine safety market. Workers in this sector have to deal with hazardous and dangerous chemicals or machines, which are used to process these materials. These industries consist of several large size boilers, pressure systems, heat generators, and mixers that require safety valves and locks to stop the working of these machines during the time of failure. The needs & requirements of the components in the machine safety market, which are mostly embedded components are increasing rapidly with the expansion in the chemical sector, propelling the machine safety market growth.

The key players operating in the machine safety market are Pilz, Schneider, Mitsubishi Electric, ABB, Omron, Keyence, Sick, IDEC Corporation, Rockwell, Honeywell, Banner Engineering, Phoenix Contact, Pepperl + Fuchs, Euchner, and Datalogic. These players are differentiating their offerings by developing new innovative components that would provide high reliability and performance in ensuring the safety of the workers and the machinery. The companies are also focusing on the machine developers to offer them embedded safety products, which would increase their demand in the machine safety market. The higher availability of the products in the machine safety market will also decide the revenue and growth of the companies.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Machine Safety Market Analysis By 2024 - Pilz, Schneider Electric, ABB, KEYENCE CORPORATION, SICK, Rockwell Automation, Honeywell, Banner Engineering, Phoenix Contact, Pepperl+Fuchs GmbH and Datalogic here

News-ID: 1608502 • Views: 585

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Safety

Mobile Safety Software
The rising popularity of mobile applications is one of the key factors responsible for the strong growth of this market during the forecast period of 2017 to 2021. It has been noted that mobile apps, such as WhatsApp, Snapchat, Facebook, YouTube, and Gmail, have gained popularity among the millennials since the past few years. Business applications, such as e-mail, calendars, and teleconferencing applications, are available for free and offer an
Airport Runway Safety System
Runway safety involves safe and reliable. Airport runway safety systems ensures safe and reliable flight operations from take-off to landing through providing guidance to ATCs and pilots. This is done by analyzing the detected data of runways and taxiways to take necessary steps in action while avoiding runway incursions, excursions, and confusions. Publisher's analysts forecast the global airport runway safety system market to grow at a CAGR of 8.53% during the
Road Safety Market
Numerous systems, devices, and technologies are leveraged to ensure safety on highways, bridges, tunnels, and urban roads. Together they constitute the global road safety market, which at present is characterized by the presence of many players both from the private and public sectors. As a result, the competitive landscape is fragmented. Depending upon the different solutions for road safety available, the global market can be classified into automatic license plate
Safety first
When working on machines, keeping employees safe is of the utmost importance. Certain regulations ensure machine safety. In Germany, for example, this is called the "Regulation regarding safety and health protection in using work equipment." In other countries, similar regulations are effective, according to which the potential hazards of a machine are regularly assessed and the necessary and appropriate safety measures are derived. Do your safety standards meet the requirements? And
Capital Safety Australia
Fall protection for penetrations and openings in construction, civil and confined space applications! DBI-SALA, a Capital Safety brand solely dedicated to the fall protection market, has announced the launch of their NEW PenoGuard™ fall protection system. PenoGuard is a new and revolutionary safety device that dramatically increases the safety of workers around penetrations that are commonly seen in construction, civil works and confined space applications. Penoguard has numerous safety factors that
Safety of Australian ETFs
BlackRock’s (NYSE: BLK) exchange traded fund business, iShares, said today that Australia’s young exchange traded fund (ETF) market and stringent regulatory system are keeping Australia’s ETFs relatively simple and straightforward. There are 50 ETFs currently trading on the Australian Securities Exchange (ASX) – the majority are based on the traditional ETF structure of a fund of physical stocks, in comparison to more complex ETF structures such as derivatives-based, leveraged and inverse