NEW YORK, April 27, 2022 /PRNewswire/ --
Safety Programmable Controllers Market in North America Facts at a Glance-
NEW YORK, April 27, 2022 /PRNewswire/ --
Safety Programmable Controllers Market in North America Facts at a Glance-
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According to the recent market study by Technavio, the Safety Programmable Controllers Market Size in North America is expected to grow by USD 532.66 million from 2021 to 2026, at a CAGR of 6.07%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
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Vendor Insights-
The safety programmable controllers market in North America is fragmented and the vendors are deploying growth strategies such as price, quality, brand identity, technology, and distribution to compete in the market. The key offerings of some of the vendors are listed below:
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Regional Market Outlook
The safety programmable controllers market in the US will be significant during the forecast period. The reshoring of manufacturing activities will facilitate the safety programmable controllers market growth in the US over the forecast period. Market growth in this country will be faster than the growth of the market in other countries.
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Latest Drivers & Trends Drivers in the Market-
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Safety Programmable Controllers Market Scope in North America |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.07% |
Market growth 2022-2026 |
USD 532.66 million |
Market structure |
Fragmented |
YoY growth (%) |
5.34 |
Regional analysis |
US, Canada, and Mexico |
Performing market contribution |
US at 71% |
Key consumer countries |
US |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ABB Ltd., IDEC Corp., Leuze electronic GmbH + Co. KG, Mitsubishi Electric Corp., OMRON Corp., Pilz GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, SICK AG, and Siemens AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 3
Exhibit 04: Key Finding 5
Exhibit 05: Key Finding 6
Exhibit 06: Key Finding 7
2. Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market characteristics
2.2 Value chain analysis
Exhibit 09: Value Chain Analysis: Global industrial machinery market
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Aftermarket and service
2.2.7 Industry innovations:
3. Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 14: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 15: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 16: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 17: Threat of new entrants
4.5 Threat of substitutes
Exhibit 18: Threat of substitutes
4.6 Threat of rivalry
Exhibit 19: Threat of rivalry
4.7 Market condition
Exhibit 20: Market condition - Five forces 2021
5 Market Segmentation by Type
5.1 Market segments
Exhibit 21: Type - Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 22: Comparison by Type
5.3 Modular - Market size and forecast 2021-2026
Exhibit 23: Modular - Market size and forecast 2021-2026 ($ million)
Exhibit 24: Modular - Year-over-year growth 2021-2026 (%)
5.4 Compact - Market size and forecast 2021-2026
Exhibit 25: Compact - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Compact - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Type
Exhibit 27: Market opportunity by Type
6. Customer landscape
6.1 Overview
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 28: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 29: Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 30: Geographic comparison
7.3 US - Market size and forecast 2021-2026
Exhibit 31: US - Market size and forecast 2021-2026 ($ million)
Exhibit 32: US - Year-over-year growth 2021-2026 (%)
7.4 Canada - Market size and forecast 2021-2026
Exhibit 33: Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Canada - Year-over-year growth 2021-2026 (%)
7.5 Mexico - Market size and forecast 2021-2026
Exhibit 35: Mexico - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Mexico - Year-over-year growth 2021-2026 (%)
7.6 Market opportunity by geography
Exhibit 37: Market opportunity by geography ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Rapid globalization of industries
8.1.2 Improving safety standards and related developments
8.1.3 Increasing demand for compact automation solutions
8.2 Market challenges
8.2.1 Shortage of skilled labor to maintain and operate automation systems
8.2.2 Growing cybersecurity concerns
8.2.3 High installation and maintenance cost
Exhibit 38: Impact of drivers and challenges
8.3 Market trends
8.3.1 Growing investments in smart factories
8.3.2 Value chain integration
8.3.3 Strategic partnerships and acquisitions
9. Vendor Landscape
9.1 Overview
Exhibit 39: Vendor landscape
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
9.2 Landscape disruption
Exhibit 40: Landscape disruption
Exhibit 41: Industry risks
9.3 Competitive Scenario
10. Vendor Analysis
10.1 Vendors covered
Exhibit 42: Vendors covered
10.2 Market positioning of vendors
Exhibit 43: Market positioning of vendors
10.3 ABB Ltd.
Exhibit 44: ABB Ltd. - Overview
Exhibit 45: ABB Ltd. - Business segments
Exhibit 46: ABB Ltd. - Key offerings
Exhibit 47: ABB Ltd. - Segment focus
10.4 IDEC Corp.
Exhibit 48: IDEC Corp. - Overview
Exhibit 49: IDEC Corp. - Business segments
Exhibit 50: IDEC Corp. - Key offerings
Exhibit 51: IDEC Corp. - Segment focus
10.5 Leuze electronic GmbH + Co. KG
Exhibit 52: Leuze electronic GmbH + Co. KG - Overview
Exhibit 53: Leuze electronic GmbH + Co. KG - Product and service
Exhibit 54: Leuze electronic GmbH + Co. KG - Key offerings
10.6 Mitsubishi Electric Corp.
Exhibit 55: Mitsubishi Electric Corp. - Overview
Exhibit 56: Mitsubishi Electric Corp. - Business segments
Exhibit 57: Mitsubishi Electric Corp. - Key offerings
Exhibit 58: Mitsubishi Electric Corp. - Segment focus
10.7 OMRON Corp.
Exhibit 59: OMRON Corp. - Overview
Exhibit 60: OMRON Corp. - Business segments
Exhibit 61: OMRON Corp. - Key offerings
Exhibit 62: OMRON Corp. - Segment focus
10.8 Pilz GmbH and Co. KG
Exhibit 63: Pilz GmbH and Co. KG - Overview
Exhibit 64: Pilz GmbH and Co. KG - Product and service
Exhibit 65: Pilz GmbH and Co. KG - Key offerings
10.9 Rockwell Automation Inc.
Exhibit 66: Rockwell Automation Inc. - Overview
Exhibit 67: Rockwell Automation Inc. - Business segments
Exhibit 68: Rockwell Automation Inc. – Key news
Exhibit 69: Rockwell Automation Inc. - Key offerings
Exhibit 70: Rockwell Automation Inc. - Segment focus
10.10 Schneider Electric SE
Exhibit 71: Schneider Electric SE - Overview
Exhibit 72: Schneider Electric SE - Business segments
Exhibit 73: Schneider Electric SE - Key offerings
Exhibit 74: Schneider Electric SE - Segment focus
10.11 SICK AG
Exhibit 75: SICK AG - Overview
Exhibit 76: SICK AG - Business segments
Exhibit 77: SICK AG - Key news
Exhibit 78: SICK AG - Key offerings
Exhibit 79: SICK AG - Segment focus
10.12 Siemens AG
Exhibit 80: Siemens AG - Overview
Exhibit 81: Siemens AG - Business segments
Exhibit 82: Siemens AG – Key news
Exhibit 83: Siemens AG - Key offerings
Exhibit 84: Siemens AG - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 85: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 86: Research Methodology
Exhibit 87: Validation techniques employed for market sizing
Exhibit 88: Information sources
11.4 List of abbreviations
Exhibit 89: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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