Machine Safety Market Is Expected To Grow At the Highest Rate between 2018 And 2025 - PowerPoint PPT Presentation

About This Presentation
Title:

Machine Safety Market Is Expected To Grow At the Highest Rate between 2018 And 2025

Description:

The machine safety market is expected to grow from USD 4.37 Billion in 2018 to USD 6.58 Billion by 2025, at a CAGR of 6.0% between 2018 and 2025. Growing emphasis on industrial safety and proactive safety measures, rising number of accidents in industries, mandatory safety standards and government policies, and increasing demand for presence-sensing safety devices are driving the growth of the machine safety market. – PowerPoint PPT presentation

Number of Views:43
Slides: 7
Provided by: robertemma27
Category: Other

less

Transcript and Presenter's Notes

Title: Machine Safety Market Is Expected To Grow At the Highest Rate between 2018 And 2025


1
MarketsandMarkets Presents

Machine Safety Market Is Expected To Grow At the
Highest Rate between 2018 And 2025 Machine
Safety Market by Component (Safety Sensors,
Safety PLCs, Safety Modules/Controllers/Relays,
and E-Stop Devices), Implementation, Application
(Assembly, Material Handling, Packaging,
Robotics), Industry, and Region - Global Forecast
to 2025 https//www.marketsandmarkets.com/Market
-Reports/machine-safety-market-1188.html
2
The machine safety market is expected to grow
from USD 4.37 Billion in 2018 to USD 6.58 Billion
by 2025, at a CAGR of 6.0 between 2018 and 2025.
Growing emphasis on industrial safety and
proactive safety measures, rising number of
accidents in industries, mandatory safety
standards and government policies, and increasing
demand for presence-sensing safety devices are
driving the growth of the machine safety market.
Browse 70 market data Tables and 51 Figures
spread through 168 Pages and in-depth TOC on
"Machine Safety Market - Global Forecast to 2025"
3
Presence-sensing safety sensors held the largest
size of the machine safety market Presence-sensing
safety sensors held the largest size, in terms
of value, of the machine safety in 2017.
Presence-sensing safety sensors used in safety
systems are developed and designed to ensure a
safe output based on logic if a signal
transmission does not occur. Safety sensors play
an important role in implementing machine safety
solutions in various industrial applications.
Presence-sensing safety devices are suitable for
applications in which personnel need frequent and
safe access to critical areas near robotic
welding, stamping, hydraulic presses, filter
presses, or packaging equipment. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id1188 Robotics applications to
hold the largest size of the market between 2018
and 2025 Safety is important in the robotics
industry. Robotics applications hold the largest
share of the machine safety market, and a similar
trend is likely to continue between 2018 and
2025. Industrial robots are programmable
mechanical machines that are used for moving
parts, components, materials, and tools. Machine
safety functions such as controlling, limiting,
and positioning are a must for automated robotic
processes. Machine safety products sense
emergency situations and stop robots from making
and damaging products or harming operators.
4
Automotive industry held the largest size of the
machine safety market The automotive industry
held the largest size of the machine safety
market in 2017. The rising demand for automobiles
owing to the increase in population with
purchasing power worldwide and the feasibility of
easy loans is driving the growth of the market
for the automotive industry. Europe to hold the
largest size of the machine safety market between
2018 and 2025 Europe is expected to hold the
largest size of the machine safety market
throughout the forecast period. The presence of
automotive manufacturers and increasing
automation in the automotive industry in Europe
support the growth of the machine safety market
in this region. Manufacturing process in the
automotive industry is complex it requires
safety measures to ensure the safety of personnel
as well as machines for the smooth functioning of
the industry. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id1188 The machine safety market
was dominated by players such as Rockwell (US),
Pilz (Germany), Schneider (France), SICK
(Germany), and Mitsubishi Electric (Japan), ABB
(Switzerland), Honeywell (US), KA Schmersal
(Germany), and Omron (Japan).
5
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MarketsandMarkets now coming up
with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations early to the market
by providing them research ahead of the
curve. MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of markets.
6
Contact Us
Contact Mr. Shelly Singh MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
newsletter_at_marketsandmarkets.com   For More
Info https//www.marketsandmarkets.com/PressRelea
ses/machine-safety.asp
Write a Comment
User Comments (0)
About PowerShow.com