The Machine Safety Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Machine Safety Market?
The historical growth trend in the Machine Safety Global Market Report 2025 market shows a considerable increase in the machine safety market size. This market has expanded from a worth of $5.76 billion in 2024 to a projected value of $6.26 billion in 2025. This growth signifies a compound annual growth rate (CAGR) of 8.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Machine Safety Industry?
The market size for machine safety is projected to reach $8.76 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.8%.
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What are the Key Growth Drivers Fueling the Machine Safety Market?
The key drivers in the machine safety market are:
• Integration of machine safety systems with industrial iot platforms
• Demand for machine learning and AI-powered safety solutions
• Expansion of robotics and collaborative robot applications
• Research and development in next-generation safety devices and systems
Global Market Segmentation: Identifying Major Machine Safety Industry Segments
The machine safety market covered in this report is segmented –
1) By Implementation: Individual Components, Embedded Components
2) By Component: Presence Sensing Safety Sensors, Safety Interlock Switches, Safety Controllers/Modules/Relays, Programmable Safety Systems, Emergency Stop Controls, Two-Hand Safety Controls
3) By System: Assembly, Material Handling, Metal Working, Packaging, Robotics, Other Systems
4) By Industry: Oil And Gas, Energy And Power, Chemicals, Food And Beverages, Aerospace And Defense, Automotive, Semiconductor And Electronics, Healthcare And Pharmaceuticals, Metals And Mining, Other Industries
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What are the Emerging Trends Shaping the Future of the Machine Safety Market?
The key trends in the ambulatory services market are:
• Machine safety systems are increasingly being integrated with Industrial Internet of Things (IIoT) platforms.
• Safety solutions powered by artificial intelligence and machine learning are becoming more sought after.
• There is a growing emphasis on human-machine collaboration and interaction safety measures.
• Significant R&D efforts are being directed towards next-generation safety devices and systems.
Who Are the Top Competitors & Leading Players in the Machine Safety Market?
Major companies in the machine safety market are:
• ABB Group
• Schneider Electric SE
• Honeywell International Inc.
• Emerson Electric Co.
• Rockwell Automation Inc.
• Siemens AG
• Mitsubishi Electric Corporation
• Keyence Corporation
• OMRON Corporation
• SICK AG
• B&R Industrial Automation GmbH
• Pilz GmbH & Co. KG
• IDEC Corporation
• ISE Controls Pvt. Ltd.
• Banner Engineering Corp.
• Fortress Interlocks Ltd.
• Pepperl+Fuchs GmbH
• STI GmbH
• Hans Turck GmbH & Co. KG
• Yokogawa Electric Corporation
• Leuze electronic GmbH + Co. KG
• Balluff GmbH
• Datalogic S.p.A.
• Schmersal Group
• Wieland Electric GmbH
Regional Dominance: Which Area Leads the Global Machine Safety Market?
Western Europe was the largest region in the machine safety market share in 2024
