
Industrial Safety Market by Type (Machine Safety, Worker Safety), Component (Emergency Stop Controls, Presence Sensing Safety Sensors, Programmable Safety Systems), System, Industry - Global Forecast 2023-2030
Description
Industrial Safety Market by Type (Machine Safety, Worker Safety), Component (Emergency Stop Controls, Presence Sensing Safety Sensors, Programmable Safety Systems), System, Industry - Global Forecast 2023-2030
The Industrial Safety Market size was estimated at USD 6.53 billion in 2022 and expected to reach USD 7.11 billion in 2023, at a CAGR 8.95% to reach USD 12.98 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Industrial Safety Market.
- Based on Type, market is studied across Machine Safety and Worker Safety. The Worker Safety is projected to witness significant market share during forecast period.
- Based on Component, market is studied across Emergency Stop Controls, Presence Sensing Safety Sensors, Programmable Safety Systems, Safety Controllers or Modules or Relays, Safety Interlock Switches, and Two-Hand Safety Control. The Two-Hand Safety Control is projected to witness significant market share during forecast period.
- Based on System, market is studied across Burner Management Systems, Emergency Shutdown Systems, Fire & Gas Monitoring System, High-Integrity Pressure Protection Systems, and Turbomachinery Control System. The Turbomachinery Control System is projected to witness significant market share during forecast period.
- Based on Industry, market is studied across Aerospace & Defense, Automotive, Chemical, Energy & Power, Food & Beverages, Healthcare & Pharmaceutical, Metal & Mining, Oil & Gas, and Semiconductor. The Energy & Power is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Industrial Safety Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Industrial Safety Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Industrial Safety Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Balluff GmbH, Banner Engineering India Pvt. Ltd., Emerson Electric Co., Euchner, Fortress Interlocks, General Electric Company, Honeywell International Inc., Johnson Controls International PLC, Keyence Corporation, Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Inc., Schneider Electric SE, and Siemens AG.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Industrial Safety Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Industrial Safety Market?
- What is the competitive strategic window for identifying opportunities in the Industrial Safety Market?
- What are the latest technology trends and regulatory frameworks in the Industrial Safety Market?
- What is the market share of the leading vendors in the Industrial Safety Market?
- Which modes and strategic moves are suitable for entering the Industrial Safety Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Industrial Safety Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rapid rise in automotive manufacturing activities
- 5.1.1.2. Demand for industrial safety systems in the oil, gas, automotive, and construction sectors
- 5.1.1.3. Stricter implementation of government protocols for creating a safer work culture Adoption of IIoT
- 5.1.2. Restraints
- 5.1.2.1. Initial investment cost for the installation of industrial safety systems
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancement producing reliable safety equipment
- 5.1.3.2. Increasing collaboration with end-user industry companies
- 5.1.4. Challenges
- 5.1.4.1. Limited training initiatives and complicated safety standards
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Industrial Safety Market, by Type
- 6.1. Introduction
- 6.2. Machine Safety
- 6.3. Worker Safety
- 7. Industrial Safety Market, by Component
- 7.1. Introduction
- 7.2. Emergency Stop Controls
- 7.3. Presence Sensing Safety Sensors
- 7.4. Programmable Safety Systems
- 7.5. Safety Controllers or Modules or Relays
- 7.6. Safety Interlock Switches
- 7.7. Two-Hand Safety Control
- 8. Industrial Safety Market, by System
- 8.1. Introduction
- 8.2. Burner Management Systems
- 8.3. Emergency Shutdown Systems
- 8.4. Fire & Gas Monitoring System
- 8.5. High-Integrity Pressure Protection Systems
- 8.6. Turbomachinery Control System
- 9. Industrial Safety Market, by Industry
- 9.1. Introduction
- 9.2. Aerospace & Defense
- 9.3. Automotive
- 9.4. Chemical
- 9.5. Energy & Power
- 9.6. Food & Beverages
- 9.7. Healthcare & Pharmaceutical
- 9.8. Metal & Mining
- 9.9. Oil & Gas
- 9.10. Semiconductor
- 10. Americas Industrial Safety Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Industrial Safety Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Industrial Safety Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. ABB Ltd.
- 14.1.2. Balluff GmbH
- 14.1.3. Banner Engineering India Pvt. Ltd.
- 14.1.4. Emerson Electric Co.
- 14.1.5. Euchner
- 14.1.6. Fortress Interlocks
- 14.1.7. General Electric Company
- 14.1.8. Honeywell International Inc.
- 14.1.9. Johnson Controls International PLC
- 14.1.10. Keyence Corporation
- 14.1.11. Mitsubishi Electric Corporation
- 14.1.12. Omron Corporation
- 14.1.13. Rockwell Automation, Inc.
- 14.1.14. Schneider Electric SE
- 14.1.15. Siemens AG
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.