Machine Safety Market: Jsbmarketresearch

Machine Safety Market by Product, Implementation, Application, & Region - Global Trend & Forecast to 2020

Released On 30th January 2016

“APAC is expected to be the fastest-growing Market for Machine Safety during the forecast period”

The market in APAC is expected to grow at the highest CAGR between 2015 and 2020. The major developing countries in the region, China and India, are expected to increasingly adopt the machine safety systems. Increasing emphasis on the machine and industrial safety regulations by various safety standard organizations, growing industrialization, and increasing adoption of safety cultures by multinational companies are projected to drive the market for machine safety systems in the region. The safety regulations in APAC are expected to become stringent for the organizations to follow. Thus, the market in APAC is likely to grow considerably in the coming years.

Break-up of profile of primary participants for the report as given below:

By Company Type - Tier 1 –49%, Tier 2 – 27%, and Tier 3 – 24%

By Designation – C-level – 54%, Director level – 25%, Manager level – 21%

By Region – North America - 35%, Europe – 20%, APAC – 37%, RoW – 8%

The key players in the market include ABB Ltd. (Switzerland), EUCHNER GMBH CO. KG (Germany), Honeywell International (U.S.), IDEC Corp. (Japan), Mitsubishi Electric Corp. (Japan), PHOENIX CONTACT GmbH & Co. KG (Germany), Pilz GmbH & Co. KG (Germany), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), and Siemens AG (Germany) among others.

Reasons to buy the report:

This report includes:

• Market statistics pertaining to product, implementation, application, and region

• Porter’s five forces framework, utilized along with the value chain analysis, to provide an in-depth insight of the machine safety systems market

• Major drivers, restraints, and opportunities for the machine safety market

• Analysis, forecast,...