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Key Trends Reshaping the Safety Programmable Controllers Market: Introduction Of Advanced Automation Controllers to Boost Efficiency and Safety in Industrial Settings Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsSafety Programmable Controllers Market Size Growth Forecast: What to Expect by 2025?
The market size for safety programmable controllers has shown considerable growth in the past few years. There is an expected growth from $5.47 billion in 2024 to $5.78 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. This growth during the historical period can be linked to the rising instances of industrial mishaps, heightened focus on risk management and ensuring worker safety, industrial expansion in upcoming markets, and a surge in the complexity of industrial operations.
How Will the Safety Programmable Controllers Market Size Evolve and Grow by 2029?
In the forthcoming years, a robust surge in the market size of safety programmable controllers is anticipated. It's projected to escalate to a value of $7.14 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.4%. The expansion during the forecast period is tied to the rising adoption of automation systems, increased embrace of 5G network infrastructure, upward trend of industrial IoT, enhanced industry 4.0 adoption, and a high demand from various end-use sectors for PLCs. The forecast period will also see major trends such as technological advancements, inclusion of safety features, emphasis on functional safety standards, and the integration of industry 4.0 and IoT.
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What Drivers Are Propelling the Growth of Safety Programmable Controllers Market Forward?
The expected surge in the safety programmable controller market is predicted to be fueled by the growing uptake of automation systems. These systems, consisting of a blend of software and hardware elements that streamline processes or operations typically needing human input, are gaining popularity due to their scalability, quality enhancement, and proficiency. Safety programmable controllers automate critical safety procedures, including emergency shut-downs, machine safeguarding, and error detection, eliminating the constant requirement for human supervision and enhancing operational efficiency, which in turn augments output levels and optimizes resources for corporations. For example, in October 2022, the International Federation of Robotics, a not-for-profit organization based in Germany, reported the installation of 517,385 fresh industrial robots across global industries, reflecting a 31% growth rate year-over-year. Thus, the escalating use of automation systems is stimulating the expansion of the safety programmable controller market.
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Which Emerging Trends Are Transforming the Safety Programmable Controllers Market in 2025?
Leading firms in the safety programmable controller market are innovating and creating superior automation controllers incorporating advanced information and safety control to attain a competitive advantage. Sophisticated computing devices known as advanced automation controllers are utilized in industrial automation systems for controlling and overseeing several processes and machines. As an example, NX502 automation controllers, featuring advanced information control and safety control properties, were launched by Omron, a Japanese electronics organization, in April 2023. These controllers are crafted to bring about heightened production quality and energy productivity. They facilitate real-time scrutiny of production-focused data, process modularization, and extensive, high-speed safety control, which can lead to waste reduction, energy productivity enhancement, and elevation in production efficiency in various sectors.
What Are the Key Segments in the Safety Programmable Controllers Market?
The safety programmable controllers market covered in this report is segmented -
1) By Type: Modular, Compact, Other Types
2) By Technology: Traditional, Safety, Hybrid
3) By Application: Automotive, Oil And Gas, Energy And Power, Pharmaceutical, Other Applications
Subsegments:
1) By Modular: Safety PLC Modules, I/O Modules For Safety PLC
2) By Compact: Compact Safety PLCs, Integrated Safety Modules
3) By Other Types: Hybrid Safety Controllers, Integrated Safety Systems
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Who Are the Key Players Shaping the Safety Programmable Controllers Market's Competitive Landscape?
Major companies operating in the safety programmable controllers market report are Siemens AG; General Electric Company; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; ABB Group; Eaton Corporation; Emerson Electric Co.; Rockwell Automation; Bosch Rexroth AG; Fuji Electric Co. Ltd.; Omron Corporation; Keyence Corporation; Phoenix Contact GmbH & Co. KG; Yokogawa Electric Corporation; Sick AG; Advantech Co. Ltd.; WAGO; Beckhoff Automation GmbH & Co. KG; Hans Turck GmbH & Co. KG; B&R Industrial Automation GmbH; Banner Engineering Corp.; IDEC Corporation; Pilz GmbH & Co. KG; Leuze electronic Pvt. Ltd.; Treotham Automation Pty Ltd.
What Geographic Markets Are Powering Growth in the Safety Programmable Controllers Market?
North America was the largest region in the safety programmable market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the safety programmable controllers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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