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Machine Safety Market Share

Report ID: GMI5918
Published Date: Jun 2023
Report Format: PDF

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Machine Safety Market Share

Major companies operating in the machine safety market include:

ABB
Banner Engineering
Honeywell International Inc
IDEC Corporation
ISE Controls
KEYENCE CORPORATION
Mitsubishi Electric Corporation
OMRON Corporation
Pepperl+Fuchs
Pilz GmbH & Co. KG
Rockwell Automation Inc.
Schneider Electric
SICK AG
Siemens AG
Emerson Electric Co.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size machine safety was over USD 5.5 billion in 2022 and will record a CAGR of over 6% between 2023 and 2032.

The individual machine safety industry will record over 8% CAGR during 2023 and 2032 as they play a critical role in detecting potential hazards and initiating safety measures.

Asia Pacific machine safety held a significant share of over 17% in 2022 and will witness over 9.5% CAGR from 2023 by 2032 owing to the need for high levels of safety for workers in industries.

ABB, Banner Engineering, Honeywell International Inc., IDEC Corporation, ISE Controls, KEYENCE CORPORATION, Mitsubishi Electric Corporation, OMRON Corporation, Pepperl+Fuchs, Pilz GmbH & Co. KG, Rockwell Automation, Inc., Schneider Electric, SICK AG, Siemens AG, and Emerson Electric Co.