Global Machine Safeguarding Solutions Market 2019-2023

Global Machine Safeguarding Solutions Market 2019-2023

About this market

Vendors in the global machine safeguarding solutions market have traditionally relied on conventional solutions such as physical barriers, emergency stop switches, and two-hand control switches. Vendors in the market are increasingly offering products that increase the effectiveness of machine safeguarding solutions. These solutions automate the process of stopping machines and ensure the safety of workers. Light curtains, interlock switches, PLCs, and input/output blocks can send important data back and forth with this solution. Thus, machine safeguarding solutions are increasingly becoming a part of industrial automation systems. Technavio’s analysts have predicted that the machine safeguarding solutions market will register a CAGR of over 6% by 2023.

Market Overview

Growth of end- user industries

Manufacturing of consumer and industrial goods requires several machining operations such as milling, grinding, boring, and bending. These operations are performed using machine tools such as mills, boring tools, cutting tools, and punching tools. Thus, with the growth in sales of machine tools and motion and drive systems, the demand for machine safeguarding solutions is increasing.

Poor implementation of workplace safety norms in developing countries

Most of the developing countries are characterized by a poor track record of workplace safety regulations and their implementation. Therefore, the lack of well-defined regulations and enforcement agencies in developing countries hinders the growth of the global machine safeguarding solutions market.

For the detailed list of factors that will drive and challenge the growth of the machine safeguarding solutions market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global industrial automation and communication market
      • Table Segments of global industrial automation and communication market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Scope of the report
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Switches - Market size and forecast 2018-2023
      • Table Switches - Market size and forecast 2018-2023 ($ millions)
      • Table Switches - Year-over-year growth 2019-2023 (%)
    • Controllers - Market size and forecast 2018-2023
      • Table Controllers - Market size and forecast 2018-2023 ($ millions)
      • Table Controllers - Year-over-year growth 2019-2023 (%)
    • Sensors - Market size and forecast 2018-2023
      • Table Sensors - Market size and forecast 2018-2023 ($ millions)
      • Table Sensors - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing use of robots in industrial manufacturing
    • Emergence of China as an important market for machine safeguarding solutions
    • Inbuilt safeguarding solutions in machines
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table ABB - Vendor overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Emerson Electric Co.
      • Table Emerson Electric Co. - Vendor overview
      • Table Emerson Electric Co. - Business segments
      • Table Emerson Electric Co. - Organizational developments
      • Table Emerson Electric Co. - Geographic focus
      • Table Emerson Electric Co. - Segment focus
      • Table Emerson Electric Co. - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Vendor overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Organizational developments
      • Table Honeywell International Inc. - Geographic focus
      • Table Honeywell International Inc. - Segment focus
      • Table Honeywell International Inc. - Key offerings
    • Rockwell Automation, Inc.
      • Table Rockwell Automation, Inc. - Vendor overview
      • Table Rockwell Automation, Inc. - Business segments
      • Table Rockwell Automation, Inc. - Organizational developments
      • Table Rockwell Automation, Inc. - Geographic focus
      • Table Rockwell Automation, Inc. - Segment focus
      • Table Rockwell Automation, Inc. - Key offerings
    • Schneider Electric
      • Table Schneider Electric - Vendor overview
      • Table Schneider Electric - Business segments
      • Table Schneider Electric - Organizational developments
      • Table Schneider Electric - Geographic focus
      • Table Schneider Electric - Segment focus
      • Table Schneider Electric - Key offerings
    • Siemens AG
      • Table Siemens AG - Vendor overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Organizational developments
      • Table Siemens AG - Geographic focus
      • Table Siemens AG - Segment focus
      • Table Siemens AG - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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