USD 5.71 Billion
Machine Safety Market Size, Share, and Growth Analysis
Machine Safety Market By Component (Safety Controllers, Safety Sensors), By Application (Assembly, Robotics), By Implementation (Individual, Embedded), By Region -Industry Forecast 2025-2032
Report ID:
SQMIG25A2346 |
Region:
Global |
Published Date: January, 2025
Pages:
189
|Tables:
117
|Figures:
72
Format -
Machine Safety Market Insights
Global Machine Safety Market size was valued at USD 5.71 Billion in 2023 and is poised to grow from USD 6.07 Billion in 2024 to USD 9.83 Billion by 2032, growing at a CAGR of 6.21% in the forecast period (2025-2032).
The global machine safety industry has witnessed significant growth over the last few years owing to the growing emphasis on safety in the industrial sector. Functional safety has undergone a paradigm shift from mechanical interlock switches to contemporary programmable safety. Governments and regulatory bodies worldwide are implementing more stringent rules to ensure safety of workers. This has driven demand for safety mats, emergency signs, and other forms of machine safety equipment. Another driving factor has been the rising requirement for strong safety measures against accidents and injuries with the surfacing of automation like collaborative robots across most industry verticals. Moreover, there has been increasing awareness about the several advantages of having robust safety systems in place. Companies slowly realize that a safe working environment protects the workforce and enhances productivity and efficiency.
Manufacturers have recognized the importance that safety plays in building a good public image which can give them a competitive advantage, because of which they opt for machine safety systems. Machine safety systems reduce the probability of work-related injuries, thereby enhancing machine operators’ efficiency. The economic downturn has forced manufacturers to reduce operation and maintenance costs, leading to declining investments in secondary domains for plant operation, which include machine safety. Non-adherence to safety policies in developing countries curbs investment in safety systems, consequently resulting in lower sales and slow technology development.
Market snapshot - (2025-2032)
Global Market Size
Largest Segment
Safety Controllers
Fastest Growth
Safety Sensors
Growth Rate
6.21% CAGR
Global Machine Safety Market ($ Bn)
Country Share for North America Region (%)
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Machine Safety Market Segments Analysis
Global machine safety market is segmented by component, application, implementation, industry vertical, and region. Based on component, the market is segmented into safety sensors, safety interlock switches, safety controllers and others. Based on implementation, the market is segmented into individual and embedded. Based on application, the market is segmented into assembly, robotics, packaging, material handling and metal working. Based on industry vertical the market is segmented into oil & gas, healthcare, automotive, metals & mining and others. Based on the region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
Analysis by Component
As per the global machine safety market analysis, the safety controllers segment was the leading segment in 2023 and accounted for 40% of the global market share. Safety controllers are used for processing information from various sensors and switches to make real-time decisions. They also coordinate the response to potential hazards, ensuring a quick and appropriate reaction to maintain a safe working environment. Safety controllers act as the central hub in machine safety systems, ensuring the seamless integration and management of safety devices like emergency stops, light curtains, and interlocks. Their primary role is to monitor and control these devices to prevent accidents and ensure compliance with safety standards. System configuration flexibility, and scalability, safety controllers enhance operational efficiency and reduce downtime by providing features like real-time diagnostics.
Safety sensors are the fastest growing segment in the market. These sensors include presence or absence of detection, light curtains, and emergency stop buttons. Safety sensors are also widely deployed to monitor various aspects of machinery and provide immediate feedback to the control system. Safety sensors are critical for detecting potential hazards and ensuring that machines operate within safe parameters. These sensors, including proximity sensors, pressure sensors, and light curtains, provide real-time feedback to safety controllers, enabling quick responses to unsafe conditions. They play a significant role in preventing accidents by halting machine operations during emergencies or unsafe situations. The increasing deployment of smart and wireless safety sensors, capable of providing data analytics and remote monitoring, is further driving their usage in automated and complex industrial setups.
Analysis by Application
As per the global machine safety market outlook, the assembly segment dominated around 30.3% revenue share in 2024. Assembly applications stand at the forefront of the machine safety market, primarily due to their pivotal role in safeguarding workers during production processes. These applications, characterized by high-velocity, repetitive operations, inherently present an elevated risk of workplace accidents. Addressing these challenges, a comprehensive array of machine safety solutions is deployed, encompassing safety sensors, emergency stop mechanisms, and advanced robotic safety devices. These technologies play a crucial role in mitigating workplace injuries and maintaining optimal operational efficiency.
As per the global machine safety market analysis, the robotics segment plays an important role, improving workplace safety and productivity across industries. Robotic integrated machine safety systems ensure safe human-machine interaction, especially in environments with heavy machinery or automation. These robots are designed to work safely with humans. Equipped with advanced safety features such as energy detection and collision detection, the robots prevent accidents by stopping operations when human presence or interference is detected on the snow. The robotics system, which has a combination of sensors and cameras, continuously monitors the work area, identifies potential hazards in real time and initiates preventive measures such as stopping the use of machines.
Global Machine Safety Market By Component (%)
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Machine Safety Market Regional Insights
North America is the dominating region in the market. North America maintains a preeminent position in the machine safety market, propelled by its sophisticated manufacturing sector and comprehensive regulatory framework governing workplace safety. The increasing integration of automation and smart technologies across industries has led to a substantial rise in the demand for machine safety solutions. Similarly, Canada occupies a prominent position in the machine safety market, primarily attributed to its stringent safety regulations and the increasing adoption of industrial automation. Regulatory bodies in Canada rigorously enforce comprehensive safety standards across various industries, necessitating the implementation of sophisticated machine safety solutions.
Asia Pacific is the fastest growing region in the market. In Asia-Pacific, China is expected to emerge as a significant market for the machine safety industry, with a rapidly expanding manufacturing industry and a government that is actively working to improve workplace safety. China's State Administration of Work Safety has implemented various measures to improve safety in workplaces, such as enhancing safety inspections and increasing penalties for non-compliance. Furthermore, China's Ministry of Industry and Information Technology has introduced guidelines for the safety of automated machinery in manufacturing to ensure that safety standards are upheld while integrating technology into the workplace.
Global Machine Safety Market By Geography
- Largest
- Fastest
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Machine Safety Market Dynamics
Drivers
Rising Industrialization to Drive Demand for Machine Safety
- Machine safety demand revived positively with the growing industrialization and the need for modern engineering products driving the holistic demand. Further, the rising use of advanced machining processes across product engineering is augmented to drive the forecasted demand. The modern engineering process integrated with modern robotic process automation needs safety from human intervention through new-age safety solutions, such as light curtains and safety controllers, to expand machine safety market growth during the forecast period.
Surging Demand for Smart Safety Solutions
- The demand for smart safety solutions is growing. More consumers are demanding real-time monitoring of devices as they explore innovative ways to increase safety. Modern manufacturing machinery must be adaptable and versatile, with a focus on lowering downtime and increasing productivity. Many modern products feature improved connectivity, such as FROFIBUS and FROFISafe, which provide real-time access to diagnostic data.
Restraints
High Preventive Maintenance
- Machine safety devices need quick monitoring, analysis and control systems. However, many niche and small players offer small components and products at much lower costs than average which frequently disturbs the machine safety intrusion capabilities. Also, frequent needs to change the low-quality components and high expenses on preventive maintenance are augmented to disseminate the market.
High Capital Requirement to Automate Machine Safety
- Machine safety systems must be built as a precautionary step to protect personnel, machines, and production lines in the event of an emergency. However, machine safety components, as well as installation, maintenance, and repair charges place a significant strain on the organization's budget. Although large organizations can manage these costs, small and mid-sized businesses may find it tough.
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Machine Safety Market Competitive Landscape
The machine safety market is highly competitive, with major players prioritizing innovation, technological development, and strategic planning to strengthen their market position. Leading companies such as Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Honeywell International Inc., ABB Ltd., and others have been actively involved in the process. These companies are leveraging Industry 4.0 advancements, integrating IoT and AI to enhance security system capabilities, delivering real-time analytics, predictive maintenance, and improved operational efficiencies for strategic integration.
Top Players in Machine Safety Market
- ABB
- Banner Engineering
- Emerson Electric
- Honeywell International
- IDEC Corporation
- ISE Controls
- KEYENCE CORPORATION
- Mitsubishi Electric Corporation
- OMRON Corporation
- Pepperl+Fuchs
- Pilz GmbH & Co.
- Rockwell Automation Inc.
- Schneider Electric
- SICK
- Siemens
Recent Developments
- October 2022: Omron Automation, a leading manufacturer of safety systems, installed the Heater conditioning monitor K7™.
- July 2022: Pepperl+Fuchs delivered a flexible pill-carrier line-detection sensor combined with photoelectric and ultrasonic sensors to provide advanced sensor solutions.
- February 2022: Pilz GmbH Co., kg. installed a safety net for modern navigation vehicles, AGVs. PSENScan, a new security laser scanner that protects AGVs that can detect objects and prevent collisions.
Machine Safety Key Market Trends
- Growing Collaboration Robot Implementation to Drift Machine Safety Adoption: Machine safety adoption is set to drift due to Industrial Revolution 4.0, which has lifted the automation levels. The continuous production lines and operation efficiency achievement through collaboration robots is a leveraging trend. Also, the integration of safety sensors into these machines and co-bots to ensure individual safety is a necessary process. Thus, to achieve operational efficiency and human safety at the workplace, safety products are important and will expand the machine safety market share over the forecast period.
- Increasing Awareness about Workplace Safety Standards in Emerging Economies: Workplace safety standards developed locally and internationally by regulatory and standard-making bodies have found their way into the workplace environment in developed countries, such as the US, the UK, France, Australia, Japan, and the Netherlands. The governments of these countries have enforced laws against industries that are not maintaining the rules, which are meant to protect human and equipment assets.
Machine Safety Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest analysis, the need for industries and manufacturing facilities to comply with the standards and regulations across the region has been driving the global machine safety industry. Furthermore, the rapid growth of environmentally friendly electric vehicles has resulted in the formation of a new segment of automobiles, creating a huge demand for machine safety and propelling the machine safety market forward. Similarly, the increasing use of IIOT to ensure better management and improved performance of industrial assets, as well as the increasing acceptance of workplace safety standards in emerging economies. The machine safety industry encounters a significant challenge in the form of substantial initial installation costs. The implementation of advanced safety solutions, including sophisticated sensors, controllers, and protective devices, often necessitates considerable financial investment.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 5.71 Billion |
| Market size value in 2032 | USD 9.83 Billion |
| Growth Rate | 6.21% |
| Base year | 2024 |
| Forecast period | (2025-2032) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Machine Safety Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Machine Safety Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Machine Safety Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Machine Safety Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Machine Safety Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Machine Safety Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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