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, all regions, and most major countries.

This report covers the worldwide market of suppliers of machine safeguarding components and services specifically used in industrial manufacturing.  Machine safeguarding solutions comprise 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.

Robotics Adoption and Need for Safety to Push Demand for Machine Safeguarding Solutions 

Industrial automation ensures consistency and improves operations and productivity with increased efficiency.  It eliminates labor-intensive, repetitive, and time-consuming tasks performed by humans, enabling them to focus more on higher level operations, which adds more value.  Automation has resulted in robots performing manufacturing operations such as material handling, inspection, assembly, machine loading and unloading, and other variety of tasks.  As humans and machines work together, the operations become more efficient and productive, which is possible only if safety technology is in place.  The need for safety has become one of the most important aspects of industrial automation.  Necessity and strict compliance to safety standards for factory automation will drive demand for machine safeguarding solutions.

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: Lack of Awareness about Safety Regulations 

Safety regulations are subject to revisions and modifications.  Many machine builders are unaware and don’t have the expertise to keep up with the latest safety regulations.  

Strategic Issue for Suppliers: Trade Conflicts Put a Drag on the Machine Safeguarding Solutions Market 

The trade conflict between the US and China have led to shifts in supply chains and insecurity in markets all over the world.  The slowdown in China, the world’s largest trading nation, has affected countries such as Germany, Japan, Australia, and Singapore that rely on China for exports.  Delayed capital spending and shifts in supply chains have slowed down the manufacturing sector in the country, affecting supplier revenues.

Strategic Issue for All Market Participants: Economic Decline Due to COVID-19  

The COVID-19 outbreak has caused disruptions to global supply chains and business operations.  While the pandemic did not impact the 2019 demand for machine safeguarding solutions, the market projections do take into account industry trends with ARC’s best estimates for how COVID-19 will impact the market in different industries.