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Global Machine Safety Market is Estimated to Reach CAGR of 3.6% by 2023 | Top Key Players – Honeywell International Inc., ABB LTD., Rockwell Automation, INC., Mitsubishi Electric Corporation, Schneider Electric S.A.

03-01-2019 08:39 AM CET | IT, New Media & Software

Press release from: KD Market Insights

Global Machine Safety Market is Estimated to Reach CAGR of 3.6%

A recent report by KD market insights titled as "Machine Safety Market - By Component (Presence-Sensing Safety Sensors, Emergency Stop Devices, Programmable Safety Systems, Safety Controller, Safety Interlock Switches, Others), By Application (Automotive, Food & Beverages, Packaging, Pharmaceutical, Electronics & Semiconductors, Others) & Global Region - Market Size, Share, Trends and Forecast 2018-2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Machine Safety Market competitors share and region wise analysis around the globe.

Global machine safety market accounted for USD 2,383.8 million in 2017 and is estimated to reach USD 3,381.5 million in 2023, registering a compound annual growth rate (CAGR) of 3.6% between 2018 and 2023.

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Growth Drivers & Barriers
Rising number of industrial accidents are expected to impel the growth of the global machine safety market. Further, stringent government regulations for delivering occupational health to the workers is also poised to impel the growth of the market during the forecast period.

In developed countries, various mandatory safety standards and government policies forces the machine manufacturers to include various safety measures. This factor is envisioned to bolster the growth of global machine safety market. Furthermore, positive growth of various end use industries will further aid to the growth of the market.

Regional Outlook:
In the terms of geography, the machine safety market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, Europe is slated to account for highest percentage of market share in overall machine safety market during the forecast period. Also, Asia Pacific machine safety market is expected to showcase highest growth rate in global machine safety market during the forecast period.

Segmentation
The research offers a comprehensive analysis of machine safety market with respect to following sub-markets:

By Component
- Presence-Sensing Safety Sensors
- - Safety Edges
- - Laser Scanners
- - Safety Light Curtains
- - - - Light Emitting Diodes (LEDs)
- - - - Photoelectric Cells
- - - - Control Units
- - - - Displays
- - - - Others
- - Safety Maps
- - Optoelectronic Devices
- Emergency Stop Devices
- - Push Buttons
- - Rope (Cable) Pull Buttons
- Programmable Safety Systems (Safety PLCs)
- Safety Controller
- Safety Interlock Switches
- Others

By Application
- Automotive
- Food & Beverages
- Packaging
- Pharmaceutical
- Electronics & Semiconductors
- Others

By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape
The report profiles various major market players such as

- Honeywell International Inc.
- ABB LTD.
- Rockwell Automation, INC.
- Mitsubishi Electric Corporation
- Schneider Electric S.A.
- Eaton CORP. PLC
- Datalogic S.p.A.
- OMRON Corporation
- SICK AG
- K. A. Schmersal Gmbh & CO. KG.
- Others Major and Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

Browse Full Report With TOC@ https://www.kdmarketinsights.com/product/machine-safety-market

Table of Contents@

1. Executive Summary

2. Methodology
2.1. Research Methodology
2.2. Geographic Scope
2.3. Years Considered

3. Market Overview
3.1. Overview and Definition
3.1.1. Market Definition
3.1.2. Geographic Regions Definition
3.1.3. Machine Safety Definition
3.2. Industry Development
3.3. Porter’s Five Force Analysis
3.4. Industry Value Chain Analysis
4. Growth Drivers & Barriers in Global Machine Safety Market
5. Trends in Global Machine Safety Market
6. Global Machine Safety Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023

7. Global Machine Safety Market Segmentation Analysis, By Component
7.1. Introduction
7.2. BPS Analysis by Component
7.3. Market Attractiveness by Component
7.4. Presence-Sensing Safety Sensors Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.1. Safety Edges Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.2. Laser Scanners Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.3. Safety Light Curtains Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.3.1. Light Emitting Diodes (LEDs) Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.3.2. Photoelectric Cells Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.3.3. Control Units Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.3.4. Displays Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.3.5. Others Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.4. Safety Maps Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.5. Optoelectronic Devices Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5. Emergency Stop Devices Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.1. Push Buttons Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.2. Rope (Cable) Pull Buttons Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.6. Programmable Safety Systems (Safety PLCs) Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.7. Safety Controller Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.8. Safety Interlock Switches Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.9. Others Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023

8. Global Machine Safety Market Segmentation Analysis, By Application
8.1. Introduction
8.2. BPS Analysis by Application
8.3. Market Attractiveness by Application
8.4. Automotive Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Food & Beverages Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6. Packaging Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.7. Pharmaceutical Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8. Electronics & Semiconductors Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.9. Others Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…

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About KD Market Insights

KD Market Insights has come with the idea of helping business by intelligent decision making and thorough understanding of the industry. We offer a comprehensive database of syndicated research, customized reports as well as consulting services to help a business grow in their respective domain. At KD Market Insights, we offer our client a deep Market research reports accompanied by business consulting services that can help them to reach on top of the corporate world. Our customized reports are built by keeping all factors of the industry in mind.

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Telephone: +1-518-300-1215
Email: - sales@kdmarketinsights.com
Website: - www.kdmarketinsights.com

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