Machine Safeguarding Solutions

The Machine Safeguarding Solutions market research study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide and all regions.

This report covers the worldwide market of suppliers of machine safeguarding components and services specifically used in industrial manufacturing.  Machine safeguarding solutions are comprised of components segmented into the following product categories: safety PLC, modular configurable relays, safe drives, safety relays, light curtains, laser scanners, safety edges, safety mats, operator interface, and safety interlocks.

Machine Safeguarding Solutions: Concerns about the Pandemic to Push Demand for Automation and Safety  

Concerns about the pandemic and the necessity to maintain continued manufacturing operations and respond flexibly and safely to the new market conditions will accentuate the adoption of digital and automation solutions. 

The need for safety has become one of the most important aspects of industrial automation.  Protecting workers has become a necessity, and industries need to comply with safety standards for factory automation.

Factory automation and digitalization of manufacturing are the driving forces behind market growth and will continue to remain so throughout the forecast period, to speed up the recovery of global manufacturing and economic scenario.  Suppliers remain optimistic about safeguarding solutions outlook for 2021 because of the key role safety plays in industrial automation.

The market  is dominated by SICK, OMRON, Siemens, Pilz, and Rockwell Automation.  Overall, ARC’s analysis suggests that a broad range of safety products and solutions clearly enable suppliers to garner defensible leadership positions.

Machine Safeguarding Strategic Issues

In addition to providing a five-year market forecast, the machine safeguarding solutions market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Users: Seek Out Services from Suppliers to Supplement Internal Competencies

Safety regulations are subject to revisions and modifications.  Many machine builders don’t have the expertise to keep up with the latest safety regulations.  Adopting external services mitigates this problem and is economical.  The cost of safety certification is too high to take the risk of using internal engineers who are not fully aware of the latest regulatory requirements. 

Strategic Issue for Suppliers: Component Shortages Put a Drag on the Machine Safeguarding Solutions Market 

Supply chain disruptions on account of the COVID-19 pandemic have created electronics component shortages, which can dampen the market growth.  Extended delivery times of raw materials and electrical components and increase in material prices pose a huge challenge for the suppliers.

Strategic Issue for All Market Participants: COVID-19 Pandemic

The COVID-19 outbreak has caused disruptions to global supply chains and business operations. While the pandemic impacted the 2020 demand for machine safeguarding solutions, the market projections do take into account industry trends with ARC’s best estimates for how the COVID-19 pandemic will impact the market in different industry types.