Machine Safety Market by Component (Safety Sensors, Safety PLCs, Safety Modules/Controllers/Relays, and E-Stop Devices), Implementation, Application (Assembly, Material Handling, Packaging, Robotics), Industry, and Region - Global Forecast to 2025
[168 Pages Report] The machine safety market was valued at USD 4.14 Billion in 2017 and is expected to reach USD 6.58 Billion by 2025, at a CAGR of 6.0% during the forecast period. Growing emphasis on industrial safety and proactive safety measures, rising number of accidents in industries, mandatory safety standards and government policies, and increasing demand for presence-sensing safety devices are driving the growth of the market.
The base year considered for the study is 2017, and the forecast period considered is between 2018 and 2025. The report provides detailed information regarding the major factors influencing the growth of this market.
The objectives of the study are as follows:
- To define, describe, and forecast the global market, in terms of value, segmented on the basis of component, implementation, application, industry, and geography
- To forecast the global market in terms of volume
- To define, describe, and forecast the global market, in terms of volume, segmented on the basis of component
- To forecast the market size, in terms of value, for various segments with regard to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the micromarkets with regard to individual growth trends, prospects, and contribution to the total market
- To study the complete value chain and perform analysis of the machine safety value chain
- To strategically profile the key players in the market and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
ResearchMethodology:
This research study incorporates the use of secondary sources, annual reports, directories, and databases such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect the useful information for the extensive technical, market-oriented, and commercial study of the machine safety market. To find the overall market size, top-down and bottom-up approaches have been used to estimate sizes of other individual markets by using percentage splits from secondary sources such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource as well as with the help of primary research. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews with industry leaders such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) pertaining to the market.
The figure below shows the breakdown of the primaries, on the basis of company type, designation, and region, conducted during the research study.
To know about the assumptions considered for the study, download the pdf brochure
Market Ecosystem:
Key players operating in the machine safety market include Rockwell (US), Pilz (Germany), Schneider (France), SICK (Germany), Mitsubishi Electric (Japan), ABB (Switzerland), Honeywell (US), Omron (Japan), Keyence (Japan), IDEC Corporation (Japan), Banner Engineering (US), (US), Pepperl + Fuchs (Germany), Euchner (Germany), Phoenix Contact (Germany), (Germany), and Datalogic (Italy).
Target Audience of the Report:
- System integrators of machine safety systems
- Designers and manufacturers of machine safety systems
- Material handling and automation organizations
- Machine safety software providers
- Machine safety component providers
- Research organizations, associations, and consulting companies
- System integrators
- Technology consultants
This study answers several questions for the stakeholders, primarily the market segments to focus on in the next 25 years for prioritizing efforts and investments.
Scope of the Report:
In this report, the overall market has been segmented on the basis of component, implementation, application, industry, and region.
Machine Safety Market, by Component:
- Presence-Sensing Safety Sensors
- Safety Controllers/ Modules/Relays
- Programmable Safety Systems (Safety PLCs)
- Safety Interlock Switches
- Emergency Stop Devices
- Two-Hand Safety Controls
Machine Safety Market, by Implementation:
- Individual Components
- Embedded Components
Machine Safety Market, by Application:
- Assembly
- Material Handling
- Metal Working
- Packaging
- Robotics
- Others
Machine Safety Market, by Industry:
- Oil & Gas
- Chemicals
- Aerospace
- Semiconductor & Electronics
- Food & Beverages
- Automotive
- Healthcare
- Others
Machine Safety Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- South Korea
- India
- Rest of APAC
- Rest of the World (RoW)
- South America
- Middle East & Africa
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the companys specific need. The following customization options are available for the report.
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
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- Emergency Shutdown System Components (Switches, Sensors, Programmable Safety Systems, Safety Valves, Actuators), by Control Method (Pneumatic, Electrical, Fiber optic, Radio Telemetry), by Application, and Region - Global Trend and Forecast to 2022
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The machine safety market is expected to be valued at USD 4.37 Billion in 2018 and is likely to reach USD 6.58 Billion by 2025, at a CAGR of 6.0% between 2018 and 2025. Factors that are driving the growth of the market include growing emphasis on industrial safety and proactive safety measures, rising number of accidents in industries, mandatory safety standards and government policies, and increasing demand for presence-sensing safety devices. However, failure to protect workers and machines from secondary hazards, along with additional costs associated with machine safety systems, is hindering the growth of the market. Evolution of Industrial Revolution 4.0 and development of new and improved safety light curtains with digital indicators provide growth opportunities for the market. The market has been segmented on the basis of component, implementation, application, industry, and region.
The machine safety market, on the basis of component, has been segmented into presence-sensing safety sensors, programmable safety systems, safety modules/controllers/relays, safety interlock switches, e-stop devices, and two-hand safety controls. The leading position of presence-sensing safety sensors, in terms of market size, can be attributed to the increasing security requirements to protect workers and production units from accidents. Safety sensors play an important role in implementing machine safety solutions in various industrial applications. Presence-sensing safety devices are suitable for applications in which personnel need frequent and safe access to critical areas near robotic welding, stamping, hydraulic presses, filter presses, or packaging equipment. The market for programmable safety systems is expected to grow at the highest rate between 2018 and 2025. Safety PLCs play an important role in ensuring safety of machines and their operators. These safety PLC systems also help in the implementation of safety standards and safety-related programming for automated machines.
By application, the market has been classified into assembly, material handling, packaging, robotics, and metal working. Robotics applications are expected to hold the largest size of the market throughout the forecast period. Machine safety functions such as controlling, limiting, and positioning are a must for automated robotic processes. Machine safety products sense emergency situations and stop robots from making and damaging products or harming operators. However, the market for assembly applications is expected to grow at a high rate during the forecast period. Assembling is a continuous, fast, and precise process; it is required to be error-free. Moving parts of machinery and other potential hazards can cause harm to workers; therefore, it is necessary to adopt machine safety measures for assembly applications. Implementation of machine safety systems in assembly lines involves the use of a shield or device covering hazardous area of a machine to prevent contact with the human body.
The automotive industry held the largest size of the machine safety market in 2017. The rising demand for automobiles owing to the increasing population with purchasing power worldwide and the feasibility of easy loans is driving the growth of the market for the automotive industry. The development of environmentally friendly electric vehicles has led to the creation of a new segment of automobiles. The rising adoption of machine safety systems, such as safety light curtains, safety switches, emergency stop devices, and safety sensors, for assembly, presses, material handling applications in the automotive industry is driving the growth of the market for the automotive industry. The market for the food & beverages industry is expected to grow at a high rate between 2018 and 2025. The food & beverages industry is growing by opting for an integrated approach of safety and automation, making plants more flexible, safe, and profitable. Various machine safety systems, such as presence-sensing safety sensors, safety light curtains, emergency stop devices, and safety PLCs, have applications in the food & beverages industry.
Europe is likely to account for the largest share of the overall machine safety market throughout the forecast period.
The presence of automotive manufacturers and increasing automation in the automotive industry in Europe support the growth of the machine safety market in this region. Manufacturing process in the automotive industry is complex; it requires safety measures to ensure the safety of personnel as well as machines for the smooth functioning of the industry. However, among all regions, the market in APAC is expected to grow at the highest rate during the forecast period. The adoption of safety automation solutions in manufacturing industries in this region is increasing significantly with rapid industrialization, thereby contributing to market growth.
Major challenges for players in the machine safety market include and . Designing safety systems to meet the machine safety requirements can be a challenging task for safety system designers, especially when they are also managing complexity in applications. The challenge for machine safety system engineers is to design their system architecture in a way that prevents probability of failures or, at least, sufficiently controls these systems in case of an emergency situation. Moreover, insufficient risk assessment can also overlook important requirements regarding the design and performance of interlock devices and monitoring components, such as relays and safety-rated programmable logic controllers, which are used for protection while performing alternative safeguarding measures.
The key players operating in the machine safety market include Rockwell (US), Pilz (Germany), Schneider (France), SICK (Germany), Mitsubishi Electric (Japan), ABB (Switzerland), Honeywell (US), Omron (Japan), Keyence (Japan), IDEC (Japan), Banner Engineering (US), (US), Pepperl + Fuchs (Germany), Euchner (Germany), Phoenix Contact (Germany), (Germany), and Datalogic (Italy). These players focus on product launches and developments to expand their businesses.
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Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.1.3.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Arriving at the Market Size By Bottom-Up Analysis
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Size By Top-Down Analysis
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption
3 Executive Summary (Page No. - 29)
4 Premium Insights (Page No. - 35)
4.1 Attractive Opportunities in the Machine Safety Market
4.2 Market, By Component, 2018 vs 2025
4.3 Market in Europe, By Component and Application (2018)
4.4 Market, By Implementation (2018)
4.5 Market, By Region
4.6 Market, By Country (2018)
5 Market Overview (Page No. - 40)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Number of Industrial Accidents
5.2.1.2 Increasing Demand for Presence-Sensing Safety Devices
5.2.1.3 Mandatory Safety Standards and Government Regulations
5.2.2 Restraints
5.2.2.1 Failure to Protect Workers and Machines From Secondary Hazards
5.2.2.2 Additional Costs Associated With Machine Safety Systems
5.2.3 Opportunities
5.2.3.1 Evolution of Industrial Revolution 4.0
5.2.3.2 Development of New and Improved Safety Light Curtains With Digital Indicators
5.2.4 Challenges
5.2.4.1 Increasing Complexity in Safety-Based Software and Hardware Designs
5.2.4.2 Failure to Access All Machinery-Related Risks
6 Industry Trends (Page No. - 45)
6.1 Introduction
6.2 Value Chain Analysis
6.3 Machine Safety Standards
6.4 Machine Safety Lifecycle
6.5 Safety Integrity Level (SIL)
6.6 Functional Safety Standards
6.6.1 Process Industry
6.6.1.1 I Ec 61508
6.6.1.2 I Ec 61511
6.6.2 Machinery
6.6.2.1 IEC 62061
7 Machine Safety Market, By Component (Page No. - 50)
7.1 Introduction
7.2 Presence-Sensing Safety Sensors
7.2.1 Safety Edges
7.2.2 Laser Scanners
7.2.3 Safety Light Curtains
7.2.3.1 Light Emitting Diodes (LEDs)
7.2.3.2 Photoelectric Cells
7.2.3.3 Control Units
7.2.3.4 Displays
7.2.3.5 Enclosures
7.2.4 Safety Mats
7.2.5 Optoelectronic Devices
7.3 Emergency Stop Devices
7.3.1 Push Buttons
7.3.2 Rope (Cable) Pull Buttons
7.4 Programmable Safety Systems (Safety PLCs)
7.5 Safety Controller/Modules/Relays
7.6 Safety Interlock Switches
7.6.1 Electromechanical
7.6.2 Hinge Pin
7.6.3 Limit
7.6.4 Non-Contact
7.6.5 Tongue
7.6.6 Trapped Key
7.7 Two-Hand Safety Controls
8 Machine Safety Market, By Implementation (Page No. - 69)
8.1 Introduction
8.2 Individual Components
8.3 Embedded Components
9 Machine Safety Market, By Application (Page No. - 72)
9.1 Introduction
9.2 Assembly
9.3 Robotics
9.4 Packaging
9.5 Material Handling
9.6 Metal Working
9.7 Others
10 Machine Safety Market, By Industry (Page No. - 85)
10.1 Introduction
10.2 Oil & Gas
10.3 Chemicals
10.4 Aerospace
10.5 Semiconductor & Electronics
10.6 Food & Beverages
10.7 Automotive
10.8 Healthcare
10.9 Others
11 Geographic Analysis (Page No. - 91)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Rest of Europe (RoE)
11.4 APAC
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World (RoW)
11.5.1 Middle East & Africa
11.5.2 South America
12 Competitive Landscape (Page No. - 121)
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Situations and Trends
12.3.1 Product Launches (20152017)
12.3.2 Expansions (2015)
13 Company Profiles (Page No. - 127)
(Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.1 Key Players
13.1.1 Rockwell
13.1.2 Schneider Electric
13.1.3 Mitsubishi Electric
13.1.4 Omron
13.1.5 Pilz
13.1.6 ABB
13.1.7 Honeywell
13.1.8 Siemens
13.1.9 Keyence Corporation
13.1.10 IDEC Corporation
13.1.11 Sick AG
13.1.12 Banner Engineering
13.2 Other Prominent Players
13.2.1 Smartscan
13.2.2 Pepperl + Fuchs
13.2.3 Euchner
13.2.4 Phoenix Contact
13.2.5 Ka Schmersal
13.2.6 Datalogic
*Details on Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
14 Appendix (Page No. - 160)
14.1 Insights of Industry Experts
14.3 Discussion Guide
14.4 Knowledge Store: Marketsandmarkets Subscription Portal
14.5 Introducing RT: Real Time Market Intelligence
14.6 Available Customizations
14.7 Related Report
14.8 Author Details
List of Tables (70 Tables)
Table 1 Machine Safety Market, in Terms of Value and Volume, 20162025
Table 2 Customization: Market, By Component and Geography, 2017 (USD Million)
Table 3 Occupational Fatal Injury Rates in Major Countries
Table 4 SIL-Related Measures
Table 5 Market, By Component, 20162025 (USD Million)
Table 6 Market, By Component, 20162025 (Thousand Units)
Table 7 Market for Presence-Sensing Safety Sensors, By Type, 20162025 (USD Million)
Table 8 Market for Presence-Sensing Safety Sensors, By Type, 20162025 (Thousand Units)
Table 9 Market for Presence-Sensing Safety Sensors, By Application, 20162025 (USD Million)
Table 10 Market for Presence-Sensing Safety Sensors, By Region, 20162025 (USD Million)
Table 11 Market for Safety Light Curtains, By Component, 20162025 (USD Million)
Table 12 Market for Emergency Stop Devices, By Type, 20162025 (USD Million)
Table 13 Market for Emergency Stop Devices, By Type, 20162025 (Thousand Units)
Table 14 Market for Emergency Stop Devices, By Application, 20162025 (USD Million)
Table 15 Market for Emergency Stop Devices, By Region, 20162025 (USD Million)
Table 16 Market for Programmable Safety Systems, By Application, 20162025 (USD Million)
Table 17 Market for Programmable Safety Systems, By Region, 20162025 (USD Million)
Table 18 Market for Safety Controllers/Modules/Relays, By Application, 20162025 (USD Million)
Table 19 Market for Safety Controllers/Modules/Relays, By Region, 20162025 (USD Million)
Table 20 Market for Safety Interlock Switches, By Type, 20162025 (USD Million)
Table 21 Market for Safety Interlock Switches, By Type, 20162025 (Thousand Units)
Table 22 Market for Safety Interlock Switches, By Application, 20162025 (USD Million)
Table 23 Market for Safety Interlock Switches, By Region, 20162025 (USD Million)
Table 24 Market for Two-Hand Safety Controls, By Application, 20162025 (USD Million)
Table 25 Market for Two-Hand Safety Controls, By Region, 20162025 (USD Million)
Table 26 Market, By Implementation, 20162025 (USD Billion)
Table 27 Market, By Application, 20162025 (USD Million)
Table 28 Market for Assembly Applications, By Component, 20162025 (USD Million)
Table 29 Market for Assembly Applications, By Region, 20162025 (USD Million)
Table 30 Market for Robotics Applications, By Component, 20162025 (USD Million)
Table 31 Market for Robotics Applications, By Region, 20162025 (USD Million)
Table 32 Market for Packaging Applications, By Component, 20162025 (USD Million)
Table 33 Market for Packaging Applications, By Region, 20162025 (USD Million)
Table 34 Market for Material Handling Applications, By Component, 20162025 (USD Million)
Table 35 Market for Material Handling Applications, By Region, 20162025 (USD Million)
Table 36 Market for Metal Working Applications, By Component, 20162025 (USD Million)
Table 37 Market for Metal Working Applications, By Region, 20162025 (USD Million)
Table 38 Market for Other Applications, By Component, 20162025 (USD Million)
Table 39 Market for Other Applications, By Region, 20162025 (USD Million)
Table 40 Market, By Industry, 20162025 (USD Million)
Table 41 Market, By Region, 20162025 (USD Million)
Table 42 Market for Presence-Sensing Safety Sensors in North America, By Application, 20162025 (USD Million)
Table 43 Market for Safety Controllers/Modules/Relays in North America, By Application, 20162025 (USD Million)
Table 44 Market for Programmable Safety Systems in North America, By Application, 20162025 (USD Million)
Table 45 Market for Safety Interlock Switches in North America, By Application, 20162025 (USD Million)
Table 46 Market for Emergency Stop Devices in North America, By Application, 20162025 (USD Million)
Table 47 Market for Two-Hand Safety Controls in North America, By Application, 20162025 (USD Million)
Table 48 Market in North America, By Country, 20162025 (USD Million)
Table 49 Market for Presence-Sensing Safety Sensors in Europe, By Application, 20162025 (USD Million)
Table 50 Market for Safety Controllers/Modules/Relays in Europe, By Application, 20162025 (USD Million)
Table 51 Market for Programmable Safety Systems in Europe, By Application, 20162025 (USD Million)
Table 52 Market for Safety Interlock Switches in Europe, By Application, 20162025 (USD Million)
Table 53 Market for Emergency Stop Devices in Europe, By Application, 20162025 (USD Million)
Table 54 Market for Two-Hand Safety Controls in Europe, By Application, 20162025 (USD Million)
Table 55 Market in Europe, By Country/Region, 20162025 (USD Million)
Table 56 Market for Presence-Sensing Safety Sensors in APAC, By Application, 20162025 (USD Million)
Table 57 Market for Safety Controllers/Modules/Relays in APAC, By Application, 20162025 (USD Million)
Table 58 Market for Programmable Safety Systems in APAC, By Application, 20162025 (USD Million)
Table 59 Market for Safety Interlock Switches in APAC, By Application, 20162025 (USD Million)
Table 60 Market for Emergency Stop Devices in APAC, By Application, 20162025 (USD Million)
Table 61 Market for Two-Hand Safety Controls in APAC, By Application, 20162025 (USD Thousand)
Table 62 Market in APAC, By Country/Region, 20162025 (USD Million)
Table 63 Market for Presence-Sensing Safety Sensors in RoW, By Application, 20162025 (USD Million)
Table 64 Market for Safety Controllers/Modules/Relays in RoW, By Application, 20162025 (USD Million)
Table 65 Market for Programmable Safety Systems in RoW, By Application, 20162025 (USD Million)
Table 66 Market for Safety Interlock Switches in RoW, By Application, 20162025 (USD Million)
Table 67 Market for Emergency Stop Devices in RoW, By Application, 20162025 (USD Million)
Table 68 Market for Two-Hand Safety Controls in RoW, By Application, 20162025 (USD Thousand)
Table 69 Market in RoW, By Region, 20162025 (USD Million)
Table 70 Ranking of Top 5 Market Players, 2017
List of Figures (51 Figures)
Figure 1 Segmentation of the Machine Safety Market
Figure 2 Machine Safety Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Market, in Terms of Value and Volume, (20162025)
Figure 7 Market for Programmable Safety Systems to Grow at the Highest Rate Between 2018 and 2025
Figure 8 Market, By Implementation, 2018 and 2025 (USD Billion)
Figure 9 Market for Assembly Applications to Grow at the Highest Rate Between 2018 and 2025
Figure 10 Machine Safety Market in APAC to Grow at the Highest Rate During the Forecast Period
Figure 11 Attractive Growth Opportunities in the Machine Safety Market
Figure 12 Presence-Sensing Safety Sensors to Hold the Largest Size of the Market Throughout the Forecast Period
Figure 13 Presence-Sensing Safety Sensors to Hold the Largest Share of the Market in Europe in 2018
Figure 14 Individual Components to Hold A Larger Share of the Market in 2018
Figure 15 Europe to Hold the Largest Size of the Machine Safety Throughout the Forecast Period
Figure 16 US to Hold the Largest Share of the Market in 2018
Figure 17 Machine Safety Dynamics
Figure 18 Value Chain Analysis
Figure 19 Machine Safety Lifecycle
Figure 20 Market, By Component
Figure 21 Safety Light Curtains to Lead the Market for Presence-Sensing Safety Sensors Throughout the Forecast Period
Figure 22 Market for Rope (Cable) Pull Switches to Grow at Higher Rate Between 2018 and 2025
Figure 23 Electromechanical Safety Interlock Switches to Hold the Largest Size of the Market for Safety Interlock Switches in 2018
Figure 24 Market, By Implementation
Figure 25 Market, By Application
Figure 26 Robotics Applications to Hold the Largest Size of the Market Throughout the Forecast Period
Figure 27 Market for Robotics Applications in APAC to Grow at the Highest Rate During the Forecast Period
Figure 28 Presence-Sensing Safety Sensors to Hold the Largest Size of the Market for Metal Working Applications Throughout the Forecast Period
Figure 29 Market, By Industry
Figure 30 Market for Food & Beverages Industry to Grow at the Highest Rate Between 2018 and 2025
Figure 31 Geographic Snapshot of the Market
Figure 32 Europe to Dominate the Market Between 2018 and 2025
Figure 33 Snapshot of the Market in North America
Figure 34 US to Hold the Largest Size of the Market in North America Throughout the Forecast Period
Figure 35 Snapshot of the Market in Europe
Figure 36 Germany to Dominate the Market Throughout the Forecast Period
Figure 37 Snapshot of the Market in APAC
Figure 38 Market in India to Grow at the Highest CAGR During the Forecast Period
Figure 39 Middle East & Africa to Hold A Larger Size of the Market in RoW Throughout the Forecast Period
Figure 40 Organic Strategies Adopted By Companies in the Market
Figure 41 Battle for Market Share: Product Launches Emerged as the Key Strategy
Figure 42 Rockwell: Company Snapshot
Figure 43 Schneider Electric: Company Snapshot
Figure 44 Mitsubishi Electric: Company Snapshot
Figure 45 Omron: Company Snapshot
Figure 46 ABB: Company Snapshot
Figure 47 Honeywell: Company Snapshot
Figure 48 Siemens: Company Snapshot
Figure 49 Keyence Corporation: Company Snapshot
Figure 50 IDEC Corporation: Company Snapshot
Figure 51 Sick AG: Company Snapshot
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Growth opportunities and latent adjacency in Machine Safety Market