Machine Safety Companies

The global machine safety market is projected to grow from USD 5.66 billion in 2025 to USD 7.45 billion by 2030, at a CAGR of 5.7%. The industrial sector has been known for its potential hazards and risks to personnel and assets. With increasing accidents and fatalities caused by machine-related incidents, businesses have started focusing on personnel and asset protection. This trend is driven by several other factors, including the need to comply with government regulations and avoid legal liabilities, as well as the desire to improve workplace safety and productivity. Hence, these factors drive the growth of the machine safety market.

Major players operating in the machine safety market are Siemens (Germany), Schneider Electric (France), KEYENCE CORPORATION (Japan), Rockwell Automation (US), and Emerson Electric Co. (US). These companies have implemented a range of organic and inorganic growth strategies to bolster their global presence and increase their share in the machine safety market. These include collaborations, acquisitions, product launches, partnerships, agreements, and expansions. Through these initiatives, they have successfully extended their reach into new regions by providing machine safety systems.

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Major Machine Safety Companies Include:

• Siemens (Germany)
• Schneider Electric (France)
• KEYENCE CORPORATION (Japan)
• Rockwell Automation (US)
• Emerson Electric Co. (US)

Schneider Electric (France): Schneider Electric adopts organic and inorganic growth strategies to stay ahead of its competitors. The company’s primary growth strategies are deals, product launches, and developments. In June 2023, Schneider Electric, at the forefront of digitally transforming energy management and automation, launched an updated edition of its primary Square D safety switch, the VisiPacT heavy-duty safety switch. This latest release introduces fresh functionalities and a revitalized design to enhance the reliability of the existing offering. Innovative technologies, such as patented bi-directional communication and a global distribution network, help the company provide customized solutions, making it a strong competitor in the machine safety market.

Siemens (Germany): It is one of the market leaders in the machine safety market. It has actively pursued growth through strategic product launches. In January 2023, Siemens launched two new aspirating smoke detectors (ASD), FDA261 and FDA262, for fire safety installations that stretch over huge areas, such as data centers, e-commerce warehouses, or industrial production sites. A single ASD+ detector can provide up to 2,000 square meters of detection coverage, even for Class A installations with sensitivity requirements. With the new ASD Connect app, digital commissioning is quick and simple. It significantly automates and simplifies the commissioning procedure. The commissioning work is reduced considerably as a consequence.

Market Ranking

The machine safety market is comparatively competitive, with the top five participants, namely, Siemens (Germany), Schneider Electric (France), KEYENCE CORPORATION (Japan), Rockwell Automation (US), and Emerson Electric Co. (US) accounting for 35–45% share of the market. Several companies have solidified their positions as leading innovators and component providers in the dynamic machine safety market. Siemens leads its presence through advanced safety PLCs, offering predictive diagnostics and seamless IIoT connectivity. Schneider Electric strengthens in modular safety relays and integrated systems with its Preventa portfolio, enabling scalable compliance and energy-efficient automation. Rockwell Automation excels in GuardLogix safety controllers, providing robust solutions for discrete manufacturing and human-robot collaboration. KEYENCE CORPORATION specializes in high-precision vision-based sensors, enhancing real-time hazard detection in automotive and electronics applications. Emerson Electric Co. advances with SIL-certified controllers like the PACSystems RX3i CPS400, emphasizing cybersecurity and redundancy for process industries.

Related Reports:

Machine Safety Market by Component (Safety Light Curtains, Laser Scanners, Safety Controllers/Modules/Relays, Programmable Safety Systems, Safety Interlock Switches, Push Buttons, Pull Rope Buttons, Two-Hand Safety Controls) - Global Forecast to 2030

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