Market Overview:
The global machine safety sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for safety switches, safety grating, security door systems, and other machine safety sensors across different industries such as oil & gas, chemical processing, automotive manufacturing, aerospace engineering and semiconductor fabrication. Additionally, the growing awareness about workplace health and safety among employees is also propelling the demand for machine safety sensors across different regions.
Product Definition:
Machine safety sensors are used to detect hazardous conditions or objects in the vicinity of machines, and then send a signal to the machine to stop operating. This can help prevent accidents and injuries. The importance of machine safety sensors is that they can help protect people from being injured or killed by dangerous machinery.
Safety Switch:
Safety switch is a device used to interrupt power supply in case of any problem with machine. It's an essential component for every industrial process and plays a vital role in ensuring the safety of workers as well as machines. They are available in different forms such as breakers, fuses, circuit interrupters, and trip switches among others. The type of safety switch depends on its application or use.
Safety Grating:
Safety grating is a type of guard rail used to provide protection against hazardous machine operations. It is also known as safety glass or safety rail. The term “safety grating” is often used interchangeably with the term “guardrail” which can be incorrect since guardrails are not always made up of glass and may also serve other functions such as restricting vehicle entry into restricted areas or warning workers about the proximity to electrical wires and high drops.
Application Insights:
The automotive segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for advanced safety features, such as airbags, antiskid brake system, traction control and anti-lock braking system among others in vehicles. Furthermore, stringent government regulations regarding road safety are expected to drive the demand further over the coming years.
The aerospace segment is anticipated to witness significant growth during the forecast period owing to rising passenger traffic and need for high reliability of aircraft systems during operations.
Regional Analysis:
Asia Pacific dominated the global machine safety sensors market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing industrial automation and rising labor costs in developed countries such as U.S., Canada, Germany, UK, and Japan.
The Asia Pacific region is characterized by a large number of manufacturers with high production capacities who are engaged in producing low-cost machines for domestic consumption. These factors have resulted into huge volumes of exports from Asian countries which has further increased their demand across other regions globally.
Europe was estimated to be valued at USD X million in 2017 and is anticipated to grow at an exponential CAGR over the forecast period due to growing adoption across several industries including oil & gas, automotive, aerospace etc., especially after implementation of MSC/MSA regulatory requirements for safety purposes along with technological advancements associated within these systems installation practices worldwide since 2018 (i) (ii).
Growth Factors:
- Increasing demand for safety in machines and equipment owing to the growing awareness about safety hazards
- Rising adoption of industrial automation across various industries
- Proliferation of smart factories and IIoT (Industrial Internet of Things) that are fuelling the need for machine safety sensors
- Stringent government regulations and standards pertaining to machine safety
- Growing demand from end-use industries such as automotive, aerospace & defence, oil & gas, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Machine Safety Sensors Market Research Report
By Type
Safety Switch, Safety Grating, Security Door System, Others
By Application
Oil, Gas and Chemical, Automotive, Aerospace, Semiconductor, Food, Medical, Other
By Companies
OMRON, KEYENCE, SICK AG, Pepperl+Fuchs, HALMA, Ifm Electronic, Rockwell, Datalogic, Banner, ABB, LNTECH, MONCEE, KCENN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Machine Safety Sensors Market Report Segments:
The global Machine Safety Sensors market is segmented on the basis of:
Types
Safety Switch, Safety Grating, Security Door System, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil, Gas and Chemical, Automotive, Aerospace, Semiconductor, Food, Medical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OMRON
- KEYENCE
- SICK AG
- Pepperl+Fuchs
- HALMA
- Ifm Electronic
- Rockwell
- Datalogic
- Banner
- ABB
- LNTECH
- MONCEE
- KCENN
Highlights of The Machine Safety Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Safety Switch
- Safety Grating
- Security Door System
- Others
- By Application:
- Oil, Gas and Chemical
- Automotive
- Aerospace
- Semiconductor
- Food
- Medical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Machine Safety Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Machine safety sensors are devices that are used to monitor the machine and detect potential hazards. They can include things like motion detectors, heat sensors, and pressure sensors.
Some of the major players in the machine safety sensors market are OMRON, KEYENCE, SICK AG, Pepperl+Fuchs, HALMA, Ifm Electronic, Rockwell, Datalogic, Banner, ABB, LNTECH, MONCEE, KCENN.
The machine safety sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Machine Safety Sensors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Machine Safety Sensors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Machine Safety Sensors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Machine Safety Sensors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Machine Safety Sensors Market Size & Forecast, 2018-2028 4.5.1 Machine Safety Sensors Market Size and Y-o-Y Growth 4.5.2 Machine Safety Sensors Market Absolute $ Opportunity
Chapter 5 Global Machine Safety Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Machine Safety Sensors Market Size Forecast by Type
5.2.1 Safety Switch
5.2.2 Safety Grating
5.2.3 Security Door System
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Machine Safety Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Machine Safety Sensors Market Size Forecast by Applications
6.2.1 Oil
6.2.2 Gas and Chemical
6.2.3 Automotive
6.2.4 Aerospace
6.2.5 Semiconductor
6.2.6 Food
6.2.7 Medical
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Machine Safety Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Machine Safety Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Machine Safety Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Machine Safety Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Machine Safety Sensors Market Size Forecast by Type
9.6.1 Safety Switch
9.6.2 Safety Grating
9.6.3 Security Door System
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Machine Safety Sensors Market Size Forecast by Applications
9.10.1 Oil
9.10.2 Gas and Chemical
9.10.3 Automotive
9.10.4 Aerospace
9.10.5 Semiconductor
9.10.6 Food
9.10.7 Medical
9.10.8 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Machine Safety Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Machine Safety Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Machine Safety Sensors Market Size Forecast by Type
10.6.1 Safety Switch
10.6.2 Safety Grating
10.6.3 Security Door System
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Machine Safety Sensors Market Size Forecast by Applications
10.10.1 Oil
10.10.2 Gas and Chemical
10.10.3 Automotive
10.10.4 Aerospace
10.10.5 Semiconductor
10.10.6 Food
10.10.7 Medical
10.10.8 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Machine Safety Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Machine Safety Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Machine Safety Sensors Market Size Forecast by Type
11.6.1 Safety Switch
11.6.2 Safety Grating
11.6.3 Security Door System
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Machine Safety Sensors Market Size Forecast by Applications
11.10.1 Oil
11.10.2 Gas and Chemical
11.10.3 Automotive
11.10.4 Aerospace
11.10.5 Semiconductor
11.10.6 Food
11.10.7 Medical
11.10.8 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Machine Safety Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Machine Safety Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Machine Safety Sensors Market Size Forecast by Type
12.6.1 Safety Switch
12.6.2 Safety Grating
12.6.3 Security Door System
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Machine Safety Sensors Market Size Forecast by Applications
12.10.1 Oil
12.10.2 Gas and Chemical
12.10.3 Automotive
12.10.4 Aerospace
12.10.5 Semiconductor
12.10.6 Food
12.10.7 Medical
12.10.8 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Machine Safety Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Machine Safety Sensors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Machine Safety Sensors Market Size Forecast by Type
13.6.1 Safety Switch
13.6.2 Safety Grating
13.6.3 Security Door System
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Machine Safety Sensors Market Size Forecast by Applications
13.10.1 Oil
13.10.2 Gas and Chemical
13.10.3 Automotive
13.10.4 Aerospace
13.10.5 Semiconductor
13.10.6 Food
13.10.7 Medical
13.10.8 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Machine Safety Sensors Market: Competitive Dashboard
14.2 Global Machine Safety Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMRON
14.3.2 KEYENCE
14.3.3 SICK AG
14.3.4 Pepperl+Fuchs
14.3.5 HALMA
14.3.6 Ifm Electronic
14.3.7 Rockwell
14.3.8 Datalogic
14.3.9 Banner
14.3.10 ABB
14.3.11 LNTECH
14.3.12 MONCEE
14.3.13 KCENN