Machine Safety Market Size

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).

Key vendors in Machine Safety Market are: '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'

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.

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.

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.