New ARC Advisory Group research on the Machine Safeguarding Solutions market reveals that in the rapidly advancing world of technology, where machines are becoming increasingly autonomous and interconnected, ensuring machine safety and security has become a paramount concern. As machines become more intelligent and interconnected, they become vulnerable to various risks that can have significant consequences. A holistic approach encompassing multiple layers of security is required to safeguard machines from both physical and digital threats.
"Machinery safety is a critical aspect of ensuring the well-being of workers and the general public. With the rise of automation and interconnected industrial systems, the potential for cyberattacks to impact physical equipment and machinery has become a pressing issue. Designing machine control systems with security in mind is crucial to protect industrial environments from potential cyber threats. The IEC 62443 standard serves as a comprehensive framework for addressing and mitigating security vulnerabilities in industrial automation and control systems. The new Machinery Regulation makes cybersecurity mandatory for machinery. This means that companies need to address security-based safety risks in machinery. It is important to note that security is no longer an optional feature, but a mandatory requirement now. The global industrial standards are also evolving in order to address safety in the context of security,” according to Anju Ajaykumar, Senior Analyst and key author of ARC's Machine Safeguarding Solutions Market Research.
Machine Safeguarding Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Safe Sustainable Automation
- Networked Safeguarding Components
- Smart Safety Solutions
- Demand for Risk Assessment Services
- Collaborative Robotics and Autonomous Mobile Robotics
- Safety and Security
Leading Suppliers to the Machine Safeguarding Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: OMRON, Pilz, Rockwell Automation, SICK, Siemens.
About the Machine Safeguarding Research
The Machine Safeguarding Solutions research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Machinery by Segment, Industry, Customer Type, World Region, Sales Channel, Revenue Category, Safeguarding Components, Component, Overall Scope.
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