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Global Safety Drives Market 2017-2021

About Safety Drives

Safety drives are drives that are integrated with safety functionality like safe torque off (STO), safe speed control, safe monitoring, and self-diagnostics, reducing the need for circuit breaker or relays. This increases the overall machine performance and reduces downtime in the industrial process. End-user industries in the global safety drives market include utility, manufacturing, healthcare, oil and gas, food and beverage, and others; the others segment includes industries such as water and wastewater treatment, HVAC, mining and metal, heavy machinery, paper and pulp, and chemical.

Technavio’s analysts forecast the global safety drives market to grow at a CAGR of 6.76% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global safety drives market for 2017-2021. To calculate the market size, the report considers new installations, sales value, and services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Safety Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Beckhoff
  • Rockwell Automation
  • Siemens
  • SIGMATEK
Other prominent vendors
  • B&R (Part of ABB group)
  • HOERBIGER
  • WEG
  • Kollmorgen
  • Pilz
  • CG Global
  • Technosoft
  • Ketterer
  • Shenzhen INVT Electric
  • Schneider Electric
  • Shenzhen Sikes Electric
Market driver
  • Cost-effectiveness and flexibility of safety drives
  • For a full, detailed list, view our report
Market challenge
  • Higher need for preventive maintenance for safety drives
  • For a full, detailed list, view our report
Market trend
  • Emerging need for hybrid safety drives
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Typical functions of safety drives
  • Market landscape
    • Market overview
      • Table Market landscape
    • Market size and forecast
      • Table Global safety drives market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global safety drives market segmentation by end-user
      • Table Global safety drives market by end-users 2016 and 2021 (%)
    • Global safety drives market in utility industry
      • Table Global safety drives market in utility industry 2016-2021 ($ millions)
    • Global safety drives market in manufacturing industry
      • Table Global safety drives market in the manufacturing industry 2016-2021 ($ millions)
    • Global safety drives market in healthcare industry
      • Table Global safety drives market in healthcare industry 2016-2021 ($ millions)
    • Global safety drives market in oil and gas industry
      • Table Global safety drives market in oil and gas industry 2016-2021 ($ millions)
    • Global safety drives market in food and beverage industry
      • Table Global safety drives market in food and beverage industry 2016-2021 ($ millions)
    • Global safety drives market in other industries
      • Table Global safety drives market in other industries 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global safety drives market by geography 2016 and 2021 (%)
    • Safety drives market in EMEA
      • Table Safety drives market in EMEA 2016-2021 ($ millions)
    • Safety drives market in APAC
      • Table Safety drives market in APAC 2016-2021 ($ millions)
    • Safety drives market in Americas
      • Table Safety drives market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Emerging need for hybrid safety drives
    • Integration of Industrial Internet of Things in safety drives
    • Growing concern for renewable energy and regulation on energy efficiency
  • Vendor landscape
    • Competition review
      • Table Prominent vendors in the global safety drives market
  • Key vendor analysis
    • Competition analysis
      • ABB
        • Table ABB: Business verticals
        • Table ABB: Industries served
        • Table ABB: Products
    • Beckhoff
      • Table Beckhoff: Business segmentation
      • Table Beckhoff: Products
    • Rockwell Automation
      • Table Rockwell Automation: Business segmentation
      • Table Rockwell Automation: Products
    • Siemens
      • Table Siemens: Business Segments
      • Table Siemens AG: Products
    • SIGMATEK
      • Table SIGMATEK: Business segmentation
      • Table SIGMATEK: Products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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