Market Overview:
The global safety edges market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about safety among workers and the growing demand for industrial automation. The metal safety edges segment is expected to dominate the global safety edges market in terms of revenue, followed by the composite safety edges segment, during the forecast period. The industrial application segment is expected to account for a majority of the revenue share in 2018, followed by manufacturing and logistics applications. North America is estimated to account for a major share of revenue in 2018, while Asia Pacific is projected to witness highest growth during the forecast period.
Product Definition:
A safety edge is a type of sensor that is used in industrial and commercial applications to help prevent accidents. The device senses when an object, such as a worker's hand, comes into contact with it, and then sends a signal to the appropriate machine or equipment to stop operating.
Metal Safety Edges:
Metal safety edges are used in the manufacturing of safety edges which are widely used in the construction industry. Metal safety edge is manufactured using various metals such as stainless steel, carbon steel, alloy steel and nickel. The metal is cold worked to give a hard edge which can be cut easily by a sharp knife or blade. The metal then gets welded or brazed on an aluminum extrusion for easy installation and maintenance purposes.
Composite Safety Edges:
Composite safety edges are manufactured using a combination of plastic and metal. Plastic is used to make the inner edge and the outer edge of composite safety edges, which provides it with flexibility. The metal is used in order to provide strength to the product. These products are widely accepted across industries such as automotive, construction, oil & gas exploration services owing to their durability along with high tensile strength properties.
The global composite safety edges market size was valued at USD 1.
Application Insights:
The global safety edges market is segmented on the basis of application into industrial, manufacturing, logistics and construction. The industrial segment accounted for a major share in 2017 and this trend is expected to continue over the forecast period. This can be attributed to factors such as increasing demand from oil & gas sector for high-precision cutting equipment and rising investments by various governments in infrastructure development across the globe.
The manufacturing segment was followed by the logistics application which also includes transportation & storage sectors owing to increased use of composite safety edges that are lightweight compared with conventional metal blades or discs. Moreover, these composite products do not have sharp edges that may cause injuries during accidents like slip-and-fall or machine collision at workplace places which are further anticipated to drive product demand over next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in industrial infrastructure, rapid urbanization, and increasing demand for consumer goods. Moreover, growing awareness regarding personal safety among employees is anticipated to drive demand from various end-use industries such as manufacturing, logistics & transportation, and construction.
The Asia Pacific region comprises emerging economies such as India and China that are experiencing strong economic growth along with developing industrial sectors including automotive & transportation; electronics; pharmaceuticals; food processing & packaging; oil & gas etc., which are also witnessing high employee penetration levels across all industry verticals. These factors have led to an increase in workplace fatalities over the past few years thereby driving product adoption across countries such as India, China Japan among others thus making it one of the most lucrative regions for safety edge manufacturers globally.
Growth Factors:
- Increasing awareness about safety among the general population
- Growing concern for safety among workers in various industries
- Proliferation of new and innovative safety products in the market
- Rising demand for safe and secure working environments across different sectors
- Implementation of stringent government regulations and standards pertaining to workplace safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Edges Market Research Report
By Type
Metal Safety Edges, Composite Safety Edges
By Application
Industrial, Manufacturing, Logistics, Construction
By Companies
FAAC, Haake Technik, Mayser, Schmersal, Rockwell Automation, Tapeswitch, BBC Bircher, Pepperl+Fuchs, OMRON, MillerEdge, ASO, Hebei Shengng, Shandong Laien
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Safety Edges Market Report Segments:
The global Safety Edges market is segmented on the basis of:
Types
Metal Safety Edges, Composite Safety Edges
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
Industrial, Manufacturing, Logistics, Construction
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:
- FAAC
- Haake Technik
- Mayser
- Schmersal
- Rockwell Automation
- Tapeswitch
- BBC Bircher
- Pepperl+Fuchs
- OMRON
- MillerEdge
- ASO
- Hebei Shengng
- Shandong Laien
Highlights of The Safety Edges 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:
- Metal Safety Edges
- Composite Safety Edges
- By Application:
- Industrial
- Manufacturing
- Logistics
- Construction
- 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 Safety Edges 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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Safety edges are a type of safety feature that is designed to prevent accidents. These features can include things like guardrails, railings, and step-downs.
Some of the major companies in the safety edges market are FAAC, Haake Technik, Mayser, Schmersal, Rockwell Automation, Tapeswitch, BBC Bircher, Pepperl+Fuchs, OMRON, MillerEdge, ASO, Hebei Shengng, Shandong Laien.
The safety edges market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Safety Edges 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 Safety Edges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Edges 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 Safety Edges 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 Safety Edges Market Size & Forecast, 2020-2028
4.5.1 Safety Edges Market Size and Y-o-Y Growth
4.5.2 Safety Edges Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Metal Safety Edges
5.2.2 Composite Safety Edges
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Manufacturing
6.2.3 Logistics
6.2.4 Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Edges 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 Safety Edges 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Metal Safety Edges
9.6.2 Composite Safety Edges
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 Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Manufacturing
9.10.3 Logistics
9.10.4 Construction
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Metal Safety Edges
10.6.2 Composite Safety Edges
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 Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Manufacturing
10.10.3 Logistics
10.10.4 Construction
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Metal Safety Edges
11.6.2 Composite Safety Edges
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 Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Manufacturing
11.10.3 Logistics
11.10.4 Construction
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Metal Safety Edges
12.6.2 Composite Safety Edges
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 Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Manufacturing
12.10.3 Logistics
12.10.4 Construction
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Metal Safety Edges
13.6.2 Composite Safety Edges
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) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Manufacturing
13.10.3 Logistics
13.10.4 Construction
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 Safety Edges Market: Competitive Dashboard
14.2 Global Safety Edges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FAAC
14.3.2 Haake Technik
14.3.3 Mayser
14.3.4 Schmersal
14.3.5 Rockwell Automation
14.3.6 Tapeswitch
14.3.7 BBC Bircher
14.3.8 Pepperl+Fuchs
14.3.9 OMRON
14.3.10 MillerEdge
14.3.11 ASO
14.3.12 Hebei Shengng
14.3.13 Shandong Laien
