Machine Safety Market

Rockwell (US) and Pilz (Germany) are the Key Players in the the Machine Safety Market

The machine safety market, on the basis of component, has been segmented into presence-sensing safety sensors, emergency stop devices, programmable safety systems (safety PLCs), safety controllers/modules/relays, safety interlock switches, and two-hand safety controls. The market is expected to be valued at USD 6.58 Billion by 2025, growing at a CAGR of 6.0% between 2018 and 2025. The market is highly competitive owing to the presence of several big and small market players. Key strategies implemented by most companies in the machine safety market include product launches and expansions.

As of 2017, Rockwell (US), Pilz (Germany), Schneider (France), SICK (Germany), and Mitsubishi Electric (Japan) were the key players in the machine safety market. These companies have operations worldwide and provide a wide range of products and services. They rely on their R&D capabilities and product innovations to gain a larger market share.

Rockwell is a leading provider of industrial automation, power, control, and information solutions. It operates in 2 segments—Architecture & Software, and Control Products & Solutions. Its brands include Allen-Bradley, Rockwell Automation, and Rockwell Software. Rockwell offers a wide range of safety products and safety services under the brand name Allen-Bradley. The company’s safety products help manufacturers execute personnel safety, efficiency, and productivity goals in process as well as discrete manufacturing. In addition, the company provides safety services through its global safety team of principle consultants to assist end users. Rockwell invests heavily in R&D to survive the intense competition. Its R&D expenditure has increased from 4.9% in 2015 to 5.5% in 2017, indicating that the company is investing more in the development of new products and solutions to hold a larger market share in the near future. For instance, in November 2017, Rockwell launched the new Allen-Bradley GuardLogix 5580 controller, Compact GuardLogix 5380 controller, and Compact 5000 safety I/O.

Pilz is an automation technology company, which offers one-stop innovative products for drives, control & monitoring, and sensor technologies. The company’s product portfolio includes a wide range of safety technology products, control technology products, networks, drive technology products, operator & visualization systems, control & signal devices, operator terminals, and system software and applications. Pilz is among the well-known automation and safety technology product manufacturers worldwide. As an expert in safety of human, machine, and environment, it provides customized solutions and services, such as training and consulting, to its clients. The company is carrying out extensive R&D and expansions to maintain its market position and a competitive edge. For instance, in 2017, Pilz launched the first safe PLC controller with protection type IP67. PSS67 PLC can be installed outside the control cabinet, directly on the machine.

SICK AG develops, produces, and distributes sensors, systems, and services for industrial automation technology worldwide. It provides sensors and application solutions that create the perfect basis for controlling processes securely and efficiently, protecting individuals from accidents, and preventing damages to the environment. SICK offers a wide range of machine safety products under 4 main product categories—safety switches, safety systems and solutions, sens:Control - safe control solutions, and opto-electronic protective devices. The company has been continually focusing on innovations and has launched several products related to machine safety. For instance, in 2017, SICK expanded its family of microScan3 safety laser scanners with its new network-compatible microScan3 Core – EtherNet/IP and microScan3 Core – PROFINET, which complement its successful microScan3 Core I/O. All microScan3 variants offer the same optical performance with different integration options, connectivity concepts, and device sizes.

Related Reports:

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

Mr. Rohan
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441

Report Code
SE 2053
RI Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Machine Safety Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
© MarketsandMarkets Research Private Ltd. All rights reserved