TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 17
1.1 MARKET ATTRACTIVENESS ANALYSIS 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 20
3 RESEARCH METHODOLOGY 21
4 MARKET DYNAMICS 28
4.1 INTRODUCTION 28
4.2 DRIVERS 29
4.2.1 STRICT MACHINE SAFETY MANDATES 29
4.2.2 HIGH REQUIREMENTS FOR RELIABLE SAFETY SYSTEMS TO ASSET PROTECTION 29
4.2.3 DRIVERS IMPACT ANALYSIS 30
4.3 RESTRAINTS 31
4.3.1 REQUIREMENTS FOR HUGE CAPITAL TO INSTALL AND AUTOMATE MACHINE SAFETY SYSTEMS 31
4.4 OPPORTUNITIES 31
4.4.1 INCREASING USE OF IOT TO ENSURE BETTER MANAGEMENT AND IMPROVED PERFORMANCE OF MACHINE ASSETS 31
4.5 IMPACT ANALYSIS OF COVID-19 32
4.5.1 IMPACT ON DEMAND AND SUBSEQUENT DECLINE IN MACHINE SAFETY MARKET 32
4.5.2 IMPACT ON SEMICONDUCTOR MANUFACTURERS 32
4.5.3 IMPACT ON COMPONENT MANUFACTURERS 32
4.5.4 COVID-19 IMPACT ON SUPPLY CHAIN DELAY 33
5 MARKET FACTOR ANALYSIS 34
5.1 SUPPLY CHAIN 34
5.1.1 COMPANIES/DISTRIBUTORS 34
5.1.2 END USERS 35
5.2 PORTER'S FIVE FORCES MODEL 35
5.2.1 THREAT OF NEW ENTRANTS 36
5.2.2 BARGAINING POWER OF SUPPLIERS 36
5.2.3 BARGAINING POWER OF BUYERS 36
5.2.4 THREAT OF SUBSTITUTES 36
5.2.5 INTENSITY OF RIVALRY 36
6 GLOBAL MACHINE SAFETY MARKET, BY COMPONENT 37
6.1 OVERVIEW 37
6.1.1 GLOBAL MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 38
6.2 PRESENCE-SENSING SAFETY SENSORS 38
6.3 EMERGENCY STOP DEVICES 38
6.4 PROGRAMMABLE SAFETY SYSTEMS 38
6.5 SAFETY CONTROLLER/MODULES/RELAYS 38
6.6 SAFETY INTERLOCK SWITCHES 39
6.7 TWO-HAND SAFETY CONTROLS 39
6.8 OTHERS 39
7 GLOBAL MACHINE SAFETY MARKET, BY IMPLEMENTATION 40
7.1 OVERVIEW 40
7.1.1 GLOBAL MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032 (USD MILLION) 41
7.2 INDIVIDUAL COMPONENTS 41
7.3 EMBEDDED COMPONENTS 41
8 GLOBAL MACHINE SAFETY MARKET, BY APPLICATION 42
8.1 OVERVIEW 42
8.1.1 GLOBAL MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 43
8.2 ASSEMBLY 43
8.3 MATERIAL HANDLING 43
8.4 METAL WORKING 43
8.5 PACKAGING 43
8.6 ROBOTICS 43
8.7 OTHERS 43
9 GLOBAL MACHINE SAFETY MARKET, BY INDUSTRY 44
9.1 OVERVIEW 44
9.1.1 GLOBAL MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 45
9.2 OIL & GAS 45
9.3 CHEMICALS 45
9.4 AEROSPACE 45
9.5 SEMICONDUCTOR & ELECTRONICS 45
9.6 FOOD & BEVERAGES 46
9.7 AUTOMOTIVE 46
9.8 HEALTHCARE 46
9.9 OTHERS 46
10 GLOBAL MACHINE SAFETY MARKET, BY REGION 47
10.1 OVERVIEW 47
10.1.1 GLOBAL MACHINE SAFETY MARKET, BY REGION, 2022 VS 2032(USD MILLION) 47
10.1.2 GLOBAL MACHINE SAFETY MARKET, BY REGION, 2024 -2032(USD MILLION) 48
10.2 NORTH AMERICA 49
10.2.1 NORTH AMERICA: MACHINE SAFETY MARKET, BY COUNTRY, 2024 -2032(USD MILLION) 50
10.2.2 NORTH AMERICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 50
10.2.3 NORTH AMERICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 51
10.2.4 NORTH AMERICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 52
10.2.5 NORTH AMERICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 53
10.2.6 US 53
10.2.7 US MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 53
10.2.8 US MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 54
10.2.9 US MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 54
10.2.10 US MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 54
10.2.11 CANADA 55
10.2.12 CANADA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 55
10.2.13 CANADA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 55
10.2.14 CANADA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 55
10.2.15 CANADA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 56
10.2.16 MEXICO 56
10.2.17 MEXICO MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 56
10.2.18 MEXICO MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 57
10.2.19 MEXICO MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 57
10.2.20 MEXICO MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 57
10.3 EUROPE 58
10.3.1 EUROPE: MACHINE SAFETY MARKET, BY COUNTRY, 2024 -2032(USD MILLION) 59
10.3.2 EUROPE MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 60
10.3.3 EUROPE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 60
10.3.4 EUROPE MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 61
10.3.5 EUROPE MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 62
10.3.6 UK 62
10.3.7 UK MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 62
10.3.8 UK MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 63
10.3.9 UK MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 63
10.3.10 UK MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 63
10.3.11 GERMANY 64
10.3.12 GERMANY MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 64
10.3.13 GERMANY MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 64
10.3.14 GERMANY MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 64
10.3.15 GERMANY MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 65
10.3.16 FRANCE 65
10.3.17 FRANCE MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 65
10.3.18 FRANCE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 66
10.3.19 FRANCE MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 66
10.3.20 FRANCE MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 66
10.3.21 SPAIN 67
10.3.22 SPAIN MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 67
10.3.23 SPAIN MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 67
10.3.24 SPAIN MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 67
10.3.25 SPAIN MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 68
10.3.26 ITALY 68
10.3.27 ITALY MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 68
10.3.28 ITALY MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 69
10.3.29 ITALY MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 69
10.3.30 ITALY MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 69
10.3.31 REST OF EUROPE 70
10.3.32 REST OF EUROPE MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 70
10.3.33 REST OF EUROPE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 70
10.3.34 REST OF EUROPE MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 71
10.3.35 REST OF EUROPE MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 71
10.4 ASIA-PACIFIC 72
10.4.1 ASIA-PACIFIC: MACHINE SAFETY MARKET, BY COUNTRY, 2024 -2032(USD MILLION) 73
10.4.2 ASIA-PACIFIC MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 73
10.4.3 ASIA-PACIFIC MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 74
10.4.4 ASIA-PACIFIC MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 75
10.4.5 ASIA-PACIFIC MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 76
10.4.6 CHINA 76
10.4.7 CHINA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 76
10.4.8 CHINA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 77
10.4.9 CHINA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 77
10.4.10 CHINA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 77
10.4.11 JAPAN 78
10.4.12 JAPAN MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 78
10.4.13 JAPAN MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 78
10.4.14 JAPAN MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 78
10.4.15 JAPAN MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 79
10.4.16 INDIA 79
10.4.17 INDIA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 79
10.4.18 INDIA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 80
10.4.19 INDIA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 80
10.4.20 INDIA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 80
10.4.21 REST OF ASIA-PACIFIC 81
10.4.22 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 81
10.4.23 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 81
10.4.24 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 82
10.4.25 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 82
10.5 MIDDLE EAST & AFRICA 83
10.5.1 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 83
10.5.2 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 84
10.5.3 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 85
10.5.4 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 86
10.6 SOUTH AMERICA 87
10.6.1 SOUTH AMERICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 87
10.6.2 SOUTH AMERICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 88
10.6.3 SOUTH AMERICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 89
10.6.4 SOUTH AMERICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 90
11 COMPETITVE LANDSCAPE 91
11.1 COMPETITIVE BENCHMARKING 92
11.2 VENDOR SHARE ANALYSIS 93
11.3 RECENT DEVELOPMENTS 93
11.3.1 PRODUCT DEVELOPMENT 93
11.3.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 95
12 COMPANY PROFILES 96
12.1 ROCKWELL AUTOMATION, INC. 96
12.1.1 COMPANY OVERVIEW 96
12.1.2 FINANCIAL OVERVIEW 97
12.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 98
12.1.4 KEY DEVELOPMENTS 99
12.1.5 SWOT ANALYSIS 99
12.1.6 KEY STRATEGIES 100
12.2 HONEYWELL INTERNATIONAL, INC. 101
12.2.1 COMPANY OVERVIEW 101
12.2.2 FINANCIAL OVERVIEW 102
12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 102
12.2.4 KEY DEVELOPMENTS 104
12.2.5 SWOT ANALYSIS 105
12.2.6 KEY STRATEGIES 105
12.3 SICK AG 106
12.3.1 COMPANY OVERVIEW 106
12.3.2 FINANCIAL OVERVIEW 106
12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 107
12.3.4 KEY DEVELOPMENTS 108
12.3.5 SWOT ANALYSIS 109
12.3.6 KEY STRATEGIES 109
12.4 ABB GROUP 110
12.4.1 COMPANY OVERVIEW 110
12.4.2 FINANCIAL OVERVIEW 111
12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 111
12.4.4 KEY DEVELOPMENTS 112
12.4.5 SWOT ANALYSIS 113
12.4.6 KEY STRATEGIES 113
12.5 SCHNEIDER ELECTRIC SE 114
12.5.1 COMPANY OVERVIEW 114
12.5.2 FINANCIAL OVERVIEW 115
12.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 115
12.5.4 KEY DEVELOPMENTS 116
12.5.5 SWOT ANALYSIS 117
12.5.6 KEY STRATEGIES 117
12.6 MITSUBISHI ELECTRIC CORPORATION 118
12.6.1 COMPANY OVERVIEW 118
12.6.2 FINANCIAL OVERVIEW 119
12.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 119
12.6.4 KEY DEVELOPMENTS 120
12.6.5 SWOT ANALYSIS 120
12.6.6 KEY STRATEGIES 120
12.7 PILZ GMBH & CO. KG 121
12.7.1 COMPANY OVERVIEW 121
12.7.2 FINANCIAL OVERVIEW 121
12.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 121
12.7.4 KEY DEVELOPMENTS 122
12.8 KEYENCE CORPORATION 123
12.8.1 COMPANY OVERVIEW 123
12.8.2 FINANCIAL OVERVIEW 124
12.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 124
12.8.4 KEY DEVELOPMENTS 125
12.8.5 SWOT ANALYSIS 125
12.8.6 KEY STRATEGIES 125
12.9 BANNER ENGINEERING CORP 126
12.9.1 COMPANY OVERVIEW 126
12.9.2 FINANCIAL OVERVIEW 126
12.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 126
12.9.4 KEY DEVELOPMENTS 126
12.10 OMRON CORPORATION 127
12.10.1 COMPANY OVERVIEW 127
12.10.2 FINANCIAL OVERVIEW 128
12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 129
12.10.4 KEY DEVELOPMENTS 129
12.10.5 SWOT ANALYSIS 130
12.10.6 KEY STRATEGIES 130
12.11 BALLUFF INC 131
12.11.1 COMPANY OVERVIEW 131
12.11.2 FINANCIAL OVERVIEW 131
12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 131
12.11.4 KEY DEVELOPMENTS 131
12.12 YOKOGAWA ELECTRIC CORPORATION 132
12.12.1 COMPANY OVERVIEW 132
12.12.2 FINANCIAL OVERVIEW 133
12.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 134
12.12.4 KEY DEVELOPMENTS 134
12.12.5 SWOT ANALYSIS 135
12.12.6 KEY STRATEGIES 135
12.13 SIEMENS 136
12.13.1 COMPANY OVERVIEW 136
12.13.2 FINANCIAL OVERVIEW 137
12.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 137
12.13.4 KEY DEVELOPMENTS 138
12.13.5 SWOT ANALYSIS 138
12.13.6 KEY STRATEGIES 138
12.14 DATALOGIC 139
12.14.1 COMPANY OVERVIEW 139
12.14.2 FINANCIAL OVERVIEW 140
12.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 140
12.14.4 KEY DEVELOPMENTS 141
12.14.5 SWOT ANALYSIS 141
12.14.6 KEY STRATEGIES 141
12.15 PHOENIX CONTACT 142
12.15.1 COMPANY OVERVIEW 142
12.15.2 FINANCIAL OVERVIEW 142
12.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 142
12.15.4 KEY DEVELOPMENTS 142
LIST OF TABLES
TABLE 1 MARKET SYNOPSIS 17
TABLE 2 GLOBAL MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 38
TABLE 3 GLOBAL MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 41
TABLE 4 GLOBAL MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 43
TABLE 5 GLOBAL MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 45
TABLE 6 GLOBAL MACHINE SAFETY MARKET, BY REGION, 2024 -2032(USD MILLION) 48
TABLE 7 NORTH AMERICA MACHINE SAFETY MARKET, BY COUNTRY, 2024 -2032(USD MILLION) 50
TABLE 8 NORTH AMERICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 50
TABLE 9 NORTH AMERICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 51
TABLE 10 NORTH AMERICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 52
TABLE 11 NORTH AMERICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 53
TABLE 12 US MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 53
TABLE 13 US MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 54
TABLE 14 US MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 54
TABLE 15 US MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 54
TABLE 16 CANADA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 55
TABLE 17 CANADA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 55
TABLE 18 CANADA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 55
TABLE 19 CANADA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 56
TABLE 20 MEXICO MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 56
TABLE 21 MEXICO MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 57
TABLE 22 MEXICO MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 57
TABLE 23 MEXICO MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 57
TABLE 24 EUROPE MACHINE SAFETY MARKET, BY COUNTRY, 2024 -2032(USD MILLION) 59
TABLE 25 EUROPE MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 60
TABLE 26 EUROPE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 60
TABLE 27 EUROPE MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 61
TABLE 28 EUROPE MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 62
TABLE 29 UK MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 62
TABLE 30 UK MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 63
TABLE 31 UK MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 63
TABLE 32 UK MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 63
TABLE 33 GERMANY MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 64
TABLE 34 GERMANY MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 64
TABLE 35 GERMANY MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 64
TABLE 36 GERMANY MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 65
TABLE 37 FRANCE MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 65
TABLE 38 FRANCE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 66
TABLE 39 FRANCE MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 66
TABLE 40 FRANCE MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 66
TABLE 41 SPAIN MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 67
TABLE 42 SPAIN MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 67
TABLE 43 SPAIN MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 67
TABLE 44 SPAIN MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 68
TABLE 45 ITALY MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 68
TABLE 46 ITALY MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 69
TABLE 47 ITALY MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 69
TABLE 48 ITALY MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 69
TABLE 49 REST OF EUROPE MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 70
TABLE 50 REST OF EUROPE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 70
TABLE 51 REST OF EUROPE MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 71
TABLE 52 REST OF EUROPE MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 71
TABLE 53 ASIA-PACIFIC MACHINE SAFETY MARKET, BY COUNTRY, 2024 -2032(USD MILLION) 73
TABLE 54 ASIA-PACIFIC MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 73
TABLE 55 ASIA-PACIFIC MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 74
TABLE 56 ASIA-PACIFIC MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 75
TABLE 57 ASIA-PACIFIC MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 76
TABLE 58 CHINA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 76
TABLE 59 CHINA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 77
TABLE 60 CHINA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 77
TABLE 61 CHINA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 77
TABLE 62 JAPAN MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 78
TABLE 63 JAPAN MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 78
TABLE 64 JAPAN MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 78
TABLE 65 JAPAN MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 79
TABLE 66 INDIA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 79
TABLE 67 INDIA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 80
TABLE 68 INDIA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 80
TABLE 69 INDIA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 80
TABLE 70 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 81
TABLE 71 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 81
TABLE 72 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 82
TABLE 73 REST OF ASIA-PACIFIC MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 82
TABLE 74 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 83
TABLE 75 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 84
TABLE 76 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 85
TABLE 77 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 86
TABLE 78 SOUTH AMERICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 87
TABLE 79 SOUTH AMERICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 88
TABLE 80 SOUTH AMERICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 89
TABLE 81 SOUTH AMERICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 90
TABLE 82 PRODUCT DEVELOPMENT 93
TABLE 83 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 95
TABLE 84 ROCKWELL AUTOMATION, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 98
TABLE 85 ROCKWELL AUTOMATION, INC.: KEY DEVELOPMENTS 99
TABLE 86 HONEYWELL INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 102
TABLE 87 HONEYWELL INTERNATIONAL, INC.: KEY DEVELOPMENTS 104
TABLE 88 SICK AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 107
TABLE 89 SICK AG: KEY DEVELOPMENTS 108
TABLE 90 ABB GROUP: PRODUCTS/SOLUTIONS OFFERED 111
TABLE 91 ABB GROUP: KEY DEVELOPMENTS 112
TABLE 92 SCHNEIDER ELECTRIC SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 115
TABLE 93 SCHNEIDER ELECTRIC SE: KEY DEVELOPMENTS 116
TABLE 94 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 119
TABLE 95 PILZ GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 121
TABLE 96 PILZ GMBH & CO. KG: KEY DEVELOPMENTS 122
TABLE 97 KEYENCE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 124
TABLE 98 KEYENCE CORPORATION: KEY DEVELOPMENTS 125
TABLE 99 BANNER ENGINEERING CORP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 126
TABLE 100 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 129
TABLE 101 BALLUFF INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 131
TABLE 102 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 134
TABLE 103 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 137
TABLE 104 DATALOGIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 140
TABLE 105 BALLUFF INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 142
LIST OF FIGURES
FIGURE 1 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL MACHINE SAFETY MARKET 18
FIGURE 2 GLOBAL MACHINE SAFETY MARKET: MARKET STRUCTURE 20
FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES 25
FIGURE 4 MARKET DYNAMIC ANALYSIS OF THE GLOBAL MACHINE SAFETY MARKET 28
FIGURE 5 DRIVER IMPACT ANALYSIS 30
FIGURE 6 RESTRAINTS IMPACT ANALYSIS 31
FIGURE 7 MACHINE SAFETY MARKET: SUPPLY CHAIN 34
FIGURE 8 PORTER'S FIVE FORCES ANALYSIS OF THE MACHINE SAFETY MARKET 35
FIGURE 9 GLOBAL MACHINE SAFETY MARKET, BY COMPONENT, 2022 (% SHARE) 37
FIGURE 10 GLOBAL MACHINE SAFETY MARKET, BY COMPONENT, 2022 VS 2032(USD MILLION) 37
FIGURE 11 GLOBAL MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2022 (% SHARE) 40
FIGURE 12 GLOBAL MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2022 VS 2032(USD MILLION) 40
FIGURE 13 GLOBAL MACHINE SAFETY MARKET, BY APPLICATION, 2022 (% SHARE) 42
FIGURE 14 GLOBAL MACHINE SAFETY MARKET, BY APPLICATION, 2022 VS 2032(USD MILLION) 42
FIGURE 15 GLOBAL MACHINE SAFETY MARKET, BY INDUSTRY, 2022 (% SHARE) 44
FIGURE 16 GLOBAL MACHINE SAFETY MARKET, BY INDUSTRY, 2022 VS 2032(USD MILLION) 44
FIGURE 17 GLOBAL MACHINE SAFETY MARKET, BY REGION, 2022 (% SHARE) 47
FIGURE 18 GLOBAL MACHINE SAFETY MARKET, BY REGION, 2022 VS 2032(USD MILLION) 47
FIGURE 19 NORTH AMERICA MACHINE SAFETY MARKET, BY COUNTRY, 2022 (% SHARE) 49
FIGURE 20 NORTH AMERICA MACHINE SAFETY MARKET, BY COUNTRY, 2022 VS 2032(USD MILLION) 49
FIGURE 21 NORTH AMERICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 50
FIGURE 22 NORTH AMERICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 51
FIGURE 23 NORTH AMERICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 51
FIGURE 24 NORTH AMERICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 52
FIGURE 25 EUROPE MACHINE SAFETY MARKET, BY COUNTRY, 2022 (% SHARE) 58
FIGURE 26 EUROPE MACHINE SAFETY MARKET, BY COUNTRY, 2022 VS 2032(USD MILLION) 58
FIGURE 27 EUROPE MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 59
FIGURE 28 EUROPE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 60
FIGURE 29 EUROPE MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 61
FIGURE 30 EUROPE MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 61
FIGURE 31 ASIA-PACIFIC MACHINE SAFETY MARKET, BY COUNTRY, 2022 (% SHARE) 72
FIGURE 32 ASIA-PACIFIC MACHINE SAFETY MARKET, BY COUNTRY, 2022 VS 2032(USD MILLION) 72
FIGURE 33 ASIA-PACIFIC MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 73
FIGURE 34 ASIA-PACIFIC MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 74
FIGURE 35 ASIA-PACIFIC MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 74
FIGURE 36 ASIA-PACIFIC MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 75
FIGURE 37 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 83
FIGURE 38 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 84
FIGURE 39 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 84
FIGURE 40 MIDDLE EAST & AFRICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 85
FIGURE 41 SOUTH AMERICA MACHINE SAFETY MARKET, BY COMPONENT, 2024 -2032(USD MILLION) 87
FIGURE 42 SOUTH AMERICA MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2024 -2032(USD MILLION) 88
FIGURE 43 SOUTH AMERICA MACHINE SAFETY MARKET, BY APPLICATION, 2024 -2032(USD MILLION) 88
FIGURE 44 SOUTH AMERICA MACHINE SAFETY MARKET, BY INDUSTRY, 2024 -2032(USD MILLION) 89
FIGURE 45 GLOBAL MACHINE SAFETY MARKET: COMPETITIVE BENCHMARKING 92
FIGURE 46 VENDOR SHARE ANALYSIS (2022 , %) 93
FIGURE 47 ROCKWELL AUTOMATION, INC.: FINANCIAL OVERVIEW SNAPSHOT 97
FIGURE 48 ROCKWELL AUTOMATION, INC.: SWOT ANALYSIS 99
FIGURE 49 HONEYWELL INTERNATIONAL, INC.: FINANCIAL OVERVIEW SNAPSHOT 102
FIGURE 50 HONEYWELL INTERNATIONAL, INC.: SWOT ANALYSIS 105
FIGURE 51 SICK AG: FINANCIAL OVERVIEW SNAPSHOT 106
FIGURE 52 SICK AG: SWOT ANALYSIS 109
FIGURE 53 ABB GROUP: FINANCIAL OVERVIEW SNAPSHOT 111
FIGURE 54 ABB GROUP: SWOT ANALYSIS 113
FIGURE 55 SCHNEIDER ELECTRIC SE: FINANCIAL OVERVIEW SNAPSHOT 115
FIGURE 56 SCHNEIDER ELECTRIC SE: SWOT ANALYSIS 117
FIGURE 57 MITSUBISHI ELECTRIC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 119
FIGURE 58 MITSUBISHI ELECTRIC CORPORATION: SWOT ANALYSIS 120
FIGURE 59 KEYENCE CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 124
FIGURE 60 KEYENCE CORPORATION: SWOT ANALYSIS 125
FIGURE 61 OMRON CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 128
FIGURE 62 OMRON CORPORATION: SWOT ANALYSIS 130
FIGURE 63 YOKOGAWA ELECTRIC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 133
FIGURE 64 YOKOGAWA ELECTRIC CORPORATION: SWOT ANALYSIS 135
FIGURE 65 SIEMENS: FINANCIAL OVERVIEW SNAPSHOT 137
FIGURE 66 SIEMENS: SWOT ANALYSIS 138
FIGURE 67 DATALOGIC: FINANCIAL OVERVIEW SNAPSHOT 140
FIGURE 68 DATALOGIC: SWOT ANALYSIS 141
