Global Machine Safeguarding Solutions Market 2014-2018

LONDON, April 2, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:

Global Machine Safeguarding Solutions Market 2014-2018

Machine safeguarding solutions are safety devices that reduce the potential risk that may arise due to faulty operation of a machine in a workplace or on a production line. They are aimed at developing a safe working environment for enhanced productivity. Thus, these solutions enable risk-free and safe applications such as assembly and disassembly, pressing, molding, fabrication, stamping, and forming. These solutions are used across industries including Automotive, Food and Beverages, Machine Building, Wood Working, Electrical and Electronics, Plastic, Textile, and other engineering industries.

The Global Machine Safeguarding Solution market is expected to grow at a steady rate during the period 2014-2018. The market was dominated by the EMEA region in 2013, followed by the Americas. Some of the major vendors in the Global Machine Safeguarding Solution market are ABB Ltd., Honeywell International Inc., Siemens AG, and Rockwell Automation Inc. The overall market is expected to grow at a CAGR of 11.13 percent during the forecast period.

The Global Machine Safeguarding Solution market has many growth drivers. One of the major drivers is the need for increased workplace safety. The effective deployment of machine safeguard solutions ensures plant safety and also enhances a machine's performance. It also improves the operational efficiency by anticipating and eliminating potential hazards that could lead to casualties occurring in workplaces. In addition, the increasing importance of safety lifecycle management is another major factor contributing to the growth of the market.

Despite the Global Machine Safeguarding Solution market witnessing a steady growth rate, it faces some serious challenges that can hinder its growth. A major challenge in the market is the reluctance to migrate to the latest technology. Several industries across the globe find it difficult to shift from their legacy systems to the latest technology because of various technical issues such as interoperability and compatibility with existing systems. Another major challenge for the market is the lack of continuous support and maintenance of vendors.

Despite these challenges, the Global Machine Safeguarding Solution market exhibits immense potential for growth, and it is expected to grow steadily in the near future because of the presence of several emerging trends in the market. One of the major trends is the increasing demand for safety systems from industries in the APAC region. The emerging MSME sector is expected to increase its focus toward machine safeguarding solutions to enable it to scale up in line with global operational standards. Thus, the future of the Global Machine Safeguarding Solution market looks promising, with many innovative and efficient machine safeguarding solutions expected to be introduced by market vendors during the forecast period.

Key questions answered in this report:

What will the market size be in 2016 and at what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Methodology

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.1.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Size and Forecast
06.2 Five Forces Analysis
07. Market Segmentation by Product
07.1 Global Safety Sensors Market
07.2 Global Controllers and Relays Market
07.3 Global Interlock Safety Switches Market
07.4 Global Programmable Safety Systems Market
07.5 Global Emergency Stop Controls Market
07.6 Global Two-hand Safety Controls Market
08. Geographical Segmentation
08.1 Machine Safeguarding Solution Market in the EMEA Region
08.2 Machine Safeguarding Solution Market in the Americas
08.3 Machine Safeguarding Solution Market in the APAC Region
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Mergers and Acquisitions
16.2 Market Share Analysis 2013
16.3 Other Prominent Vendors
17. Key Vendor Analysis
17.1 ABB Ltd.
17.1.1 Business Overview
17.1.2 Key Information
17.1.3 SWOT Analysis
17.2 Honeywell International Inc.
17.2.1 Business Overview
17.2.2 Key Information
17.2.3 SWOT Analysis
17.3 Rockwell Automation Inc.
17.3.1 Business Overview
17.3.2 Key Information
17.3.3 SWOT Analysis
17.4 Siemens AG
17.4.1 Business Overview
17.4.2 Key Information
17.4.3 SWOT Analysis
18. Other Reports in this Series

Exhibit 1: Market Research Methodology
Exhibit 2: Global Machine Safeguarding Solution Market 2013-2018 (US$ million)
Exhibit 3: Production of Cars by Leading Countries 2009-2012
Exhibit 4: Production of Commercial vehicles by Leading Countries 2009-2012
Exhibit 5: Global Machine Safeguarding Solution Market by Product Segmentation 2013
Exhibit 6: Global Machine Safeguarding Solution Market by Product Segmentation 2013
Exhibit 7: Global Safety Sensors Market 2013-2018 (US$ million)
Exhibit 8: Global Controllers and Relays Market 2013-2018 (US$ million)
Exhibit 9: Global Interlock Safety Switches Market 2013-2018 (US$ million)
Exhibit 10: Global Programmable Safety Systems Market 2013-2018 (US$ million)
Exhibit 11: Global Emergency Stop Controls Market 2013-2018 (US$ million)
Exhibit 12: Global Two-hand Safety Controls Market 2013-2018 (US$ million)
Exhibit 13: Global Machine Safeguarding Solution Market by Product Segmentation 2013-2018
Exhibit 14: Global Machine Safeguarding Solution Market by Geographical Segmentation 2013
Exhibit 15: Machine Safeguarding Solution Market in the EMEA Region 2013-2018 (US$ million)
Exhibit 16: Machine Safeguarding Solution Market in the Americas 2013-3018 (US$ million)
Exhibit 17: Machine Safeguarding Solution Market in the APAC Region 2013-2018 (US$ million)
Exhibit 18: Global Machine Safeguarding Solution Market by Geographical Segmentation 2013-2018
Exhibit 19: Global Machine Safeguarding Solution Market by Vendor Segmentation 2013
Exhibit 20: Business Segmentation of ABB Ltd.
Exhibit 21: Revenue of Honeywell International Inc. by Business Segmentation 2010-2012 (US$ billion)
Exhibit 22: Business Segmentation of Honeywell International Inc.
Exhibit 23: Rockwell Automation Inc.: Revenue by Business Segmentation 2011 and 2012
Exhibit 24: Rockwell Automation Inc.: Revenue by Geographical Segmentation 2011 and 2012
Exhibit 25: Business Segmentation of Rockwell Automation Inc.
Exhibit 26: Business Segmentation of Siemens AG

Companies Mentioned

ABB Ltd., Honeywell International Inc., Siemens AG, and Rockwell Automation Inc.

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Global Machine Safeguarding Solutions Market 2014-2018
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