Machine Safety Market by Product (Safety Sensors, PLCS, Controllers, Modules, & Relays, and E-Stop Controls), Implementation, Application (Assembly, Material Handling, Metal Working, Packaging, & Robotics), & Region – Global Trend & Forecast to 2020

““The machine safety market is expected to witness significant growth in the coming years”
The machine safety market is expected to reach USD 4.98 billion by 2020, at a CAGR of 7.5% between 2015 and 2020. The key driving factor for the growth of this market is the growing emphasis on industrial safety and proactive safety measures. In addition, mandatory safety regulations and improvement in performance and brand image of the company are likely to drive the market for machine safety systems in the coming years.
“The market for integrated components is projected to grow rapidly in the coming years”
The machine safety market is segmented on the basis of implementation of these systems. The market for machine integrated safety components is expected to grow at the highest CAGR in the coming years. The machine integrated safety solutions increase efficiency, provide better flexibility to the operators, and reduce downtimes. Therefore, machine manufacturers focus on embedding safety components in various machines, thereby, offering comprehensive solutions to the users.

“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, illustrative segmentation of the market based on product, implementation, application, and geography
• Detailed competitive landscape, in-depth analysis, and revenue of key players
”

“TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 GEOGRAPHIC SCOPE 17
1.3.3 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 21
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 22
2.1.2.2 Key industry insights 23
2.1.2.3 Breakdown of primaries 23
2.2 MARKET SIZE ESTIMATION 24
2.2.1 BOTTOM-UP APPROACH 24
2.2.2 TOP-DOWN APPROACH 25
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 25
2.4 RESEARCH ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 32
4.1 MACHINE SAFETY MARKET, 2015–2020 (USD BILLION) 32
4.2 MACHINE SAFETY MARKET, BY PRODUCT (2015–2020) 32
4.3 MACHINE SAFETY MARKET, BY APPLICATION AND REGION (2015) 33
4.4 MACHINE SAFETY MARKET, BY COUNTRY (2015) 34
4.5 MACHINE SAFETY MARKET, BY IMPLEMENTATION TYPE (2015) 34
5 MARKET OVERVIEW 35
5.1 INTRODUCTION 36
5.2 MARKET SEGMENTATION 36
5.2.1 MACHINE SAFETY MARKET, BY PRODUCT 36
5.2.2 MACHINE SAFETY MARKET, BY IMPLEMENTATION & ELEMENT 36
5.2.3 MACHINE SAFETY MARKET, BY APPLICATION 37
5.2.4 MACHINE SAFETY MARKET, BY REGION 37
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 39
5.3.1.1 Growing emphasis on industrial safety and proactive safety measures 39
5.3.1.2 Mandatory regulations are fueling the market for safety systems 39
5.3.1.3 Improvement in performance and brand image of the company 39
5.3.2 RESTRAINTS 40
5.3.2.1 Machine safety systems incur additional costs 40
5.3.2.2 Aftermarket safety solutions are complex to install and sometimes lack synchronization with existing setup 41
5.3.3 OPPORTUNITIES 42
5.3.3.1 Industrial Internet of Things (IIOT) is expected to create new opportunities 42
5.3.3.2 Growing industrial market in the Asia–Pacific region 42
5.3.4 CHALLENGES 43
5.3.4.1 Market lacks perfect harmonization of standards 43
6 INDUSTRY TRENDS 44
6.1 INTRODUCTION 44
6.2 VALUE CHAIN ANALYSIS 44
6.3 PORTER’S FIVE FORCES ANALYSIS 46
6.3.1 INTENSITY OF RIVALRY 46
6.3.2 THREAT OF SUBSTITUTES 47
6.3.3 BARGAINING POWER OF BUYERS 48
6.3.4 BARGAINING POWER OF SUPPLIERS 49
6.3.5 THREAT OF NEW ENTRANTS 49
6.4 MACHINE SAFETY STANDARDS 50
7 MARKET ANALYSIS, BY PRODUCT 51
7.1 INTRODUCTION 52
7.2 PRESENCE SENSING SAFETY SENSORS 54
7.2.1 PRESENCE SENSING SENSOR, BY COMPONENT 54
7.2.1.1 Proximity sensors 55
7.2.1.2 Fiber optic Sensors 55
7.2.1.3 Vision sensors 55
7.2.1.4 Ultrasonic sensors 56
7.2.1.5 Infrared sensors 56
7.2.1.6 Laser sensors 56
7.2.2 PRESENCE SENSING SAFETY SENSOR, BY TYPE 57
7.2.2.1 Edges 57
7.2.2.2 Laser scanners 57
7.2.2.3 Light curtains 57
7.2.2.4 Mats 57
7.2.2.5 Optoelectronic devices 57
7.3 EMERGENCY STOP CONTROLS 60
7.3.1 PALM BUTTON SAFETY CONTROLS 60
7.3.2 ROPE (CABLE) PULL SWITCHES 61
7.4 PROGRAMMABLE SAFETY SYSTEMS (SAFETY PLCS) 63
7.5 SAFETY CONTROLLERS/MODULES/RELAYS 66
7.6 SAFETY INTERLOCK SWITCHES 68
7.6.1 ELECTROMECHANICAL 68
7.6.2 HINGE PIN 68
7.6.3 LIMIT 68
7.6.4 NON-CONTACT 68
7.6.5 TONGUE 69
7.6.6 TRAPPED KEY 69
7.7 TWO-HAND SAFETY CONTROLS 71
8 MARKET ANALYSIS, BY IMPLEMENTATION & ELEMENT 74
8.1 INTRODUCTION 75
8.2 MARKET, BY IMPLEMENTATION 75
8.2.1 INDIVIDUAL COMPONENTS 75
8.2.2 INTEGRATED COMPONENTS 76
8.3 MARKET, BY ELEMENT 77
8.3.1 HARDWARE 77
8.3.2 SOFTWARE & SERVICES 78
9 MARKET ANALYSIS, BY APPLICATION 79
9.1 INTRODUCTION 80
9.2 ASSEMBLY 82
9.3 MATERIAL HANDLING 83
9.4 METAL WORKING 85
9.5 PACKAGING 86
9.6 ROBOTICS 88
9.7 WELDING 90
9.8 OTHERS 91
10 MARKET ANALYSIS, BY GEOGRAPHY 93
10.1 INTRODUCTION 94
10.2 NORTH AMERICA 97
10.3 EUROPE 102
10.4 ASIA-PACIFIC 109
10.5 REST OF THE WORLD 116
11 COMPETITIVE LANDSCAPE 122
11.1 OVERVIEW 122
11.2 MARKET RANKING ANALYSIS, 2014 123
11.3 COMPETITIVE SITUATIONS AND TRENDS 124
11.3.1 NEW PRODUCT LAUNCHES 125
11.3.2 ACQUISITIONS, CONTRACTS, AND EXPANSIONS 126
12 COMPANY PROFILES 127
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 INTRODUCTION 127
12.2 ROCKWELL AUTOMATION INC. 128
12.3 SIEMENS AG 131
12.4 PILZ GMBH & CO. KG 134
12.5 SCHNEIDER ELECTRIC SE 137
12.6 MITSUBISHI ELECTRIC CORPORATION 140
12.7 ABB LTD. 143
12.8 HONEYWELL INTERNATIONAL INC. 145
12.9 IDEC CORPORATION 147
12.10 EUCHNER GMBH + CO. KG 149
12.11 PHOENIX CONTACT GMBH & CO. KG 151
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies

13 APPENDIX 153
13.1 INSIGHTS OF INDUSTRY EXPERTS 153
13.2 DISCUSSION GUIDE 154
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 157
13.4 AVAILABLE CUSTOMIZATIONS 158
13.5 RELATED REPORTS 159
“
“LIST OF TABLES

TABLE 1 CURRENCY TABLE 18
TABLE 2 MANDATORY REGULATIONS ARE DRIVING THE MARKET FOR MACHINE SAFETY SYSTEMS 40
TABLE 3 THE ADDITIONAL COSTS OF MACHINE SAFETY SYSTEMS ACT AS A RESTRAINT 
FOR THE MARKET 41
TABLE 4 GROWING INDUSTRIAL MARKET IN ASIA-PACIFIC EXPECTED TO CREATE NEW OPPORTUNITIES FOR THE MARKET 42
TABLE 5 MARKET LACKS PERFECT HARMONIZATION OF STANDARDS WHICH CREATES 
A CHALLENGE TO THE ORGANIZATIONS 43
TABLE 6 MACHINE SAFETY MARKET SIZE, BY PRODUCT, 2013–2020 (USD MILLION) 53
TABLE 7 MACHINE SAFETY MARKET SIZE, BY PRODUCT, 2013–2020 (MILLION UNITS) 54
TABLE 8 MACHINE SAFETY: PRESENCE SENSING SAFETY SENSOR MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 58
TABLE 9 MACHINE SAFETY: PRESENCE SENSING SAFETY SENSOR MARKET SIZE, BY TYPE, 2013–2020 (MILLION UNITS) 59
TABLE 10 MACHINE SAFETY: PRESENCE SENSING SAFETY MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 59
TABLE 11 MACHINE SAFETY: PRESENCE SENSING SAFETY MARKET SIZE, BY REGION, 
2013–2020 (USD MILLION) 60
TABLE 12 MACHINE SAFETY: EMERGENCY STOP DEVICES MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 61
TABLE 13 MACHINE SAFETY: EMERGENCY STOP DEVICES MARKET SIZE, BY TYPE, 
2013–2020 (MILLION UNITS) 62
TABLE 14 MACHINE SAFETY: EMERGENCY STOP DEVICES MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 62
TABLE 15 MACHINE SAFETY: EMERGENCY STOP DEVICES MARKET SIZE, BY REGION, 
2013–2020 (USD MILLION) 63
TABLE 16 MACHINE SAFETY: SAFETY PLC SYSTEMS MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 64
TABLE 17 MACHINE SAFETY: SAFETY PLC SYSTEMS MARKET SIZE, BY TYPE, 
2013–2020 (MILLION UNITS) 64
TABLE 18 MACHINE SAFETY: SAFETY PLC SYSTEMS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 65
TABLE 19 MACHINE SAFETY: SAFETY PLC SYSTEMS MARKET SIZE, BY REGION, 
2013–2020 (USD MILLION) 65
TABLE 20 MACHINE SAFETY: SAFETY CONTROLLERS, MODULES, AND RELAYS MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 66
TABLE 21 MACHINE SAFETY: SAFETY CONTROLLERS/MODULES/RELAYS MARKET SIZE, 
BY TYPE, 2013–2020 (MILLION UNITS) 67
TABLE 22 MACHINE SAFETY: SAFETY CONTROLLERS/MODULES/RELAYS MARKET SIZE, 
BY APPLICATION, 2013–2020 (USD MILLION) 67
TABLE 23 MACHINE SAFETY: SAFETY CONTROLLERS/MODULES/RELAYS MARKET SIZE, 
BY REGION, 2013–2020 (USD MILLION) 68
TABLE 24 MACHINE SAFETY: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 69
TABLE 25 MACHINE SAFETY: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY TYPE, 
2013–2020 (MILLION UNITS) 70
TABLE 26 MACHINE SAFETY: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 70
TABLE 27 MACHINE SAFETY: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 71
TABLE 28 MACHINE SAFETY: TWO-HAND SAFETY CONTROLLERS MARKET SIZE, BY VALUE AND VOLUME 71
TABLE 29 MACHINE SAFETY: TWO-HAND SAFETY CONTROLLERS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 72
TABLE 30 MACHINE SAFETY: TWO-HAND SAFETY CONTROL MARKET SIZE, BY REGION, 
2013–2020 (USD MILLION) 73
TABLE 31 MACHINE SAFETY MARKET SIZE, BY IMPLEMENTATION TYPE, 
2013–2020 (USD MILLION) 76
TABLE 32 MACHINE SAFETY MARKET SIZE, BY ELEMENT TYPE, 2013–2020 (USD MILLION) 78
TABLE 33 MACHINE SAFETY MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 81
TABLE 34 MACHINE SAFETY MARKET SIZE FOR ASSEMBLY APPLICATION, BY PRODUCT, 2013–2020 (USD MILLION) 82
TABLE 35 MACHINE SAFETY MARKET SIZE FOR ASSEMBLY APPLICATION, BY GEOGRAPHY, 2013–2020 (USD MILLION) 82
TABLE 36 MACHINE SAFETY MARKET SIZE FOR MATERIAL HANDLING APPLICATION, 
BY PRODUCT, 2013–2020 (USD MILLION) 84
TABLE 37 MACHINE SAFETY MARKET SIZE FOR MATERIAL HANDLING, BY REGION, 
2013–2020 (USD MILLION) 84
TABLE 38 MACHINE SAFETY MARKET SIZE FOR METAL WORKING APPLICATION, 
BY PRODUCT, 2013–2020 (USD MILLION) 85
TABLE 39 MACHINE SAFETY MARKET SIZE FOR METAL WORKING APPLICATION, BY REGION, 2013–2020 (USD MILLION) 86
TABLE 40 MACHINE SAFETY MARKET SIZE FOR PACKAGING APPLICATION, BY PRODUCT, 2013–2020 (USD MILLION) 86
TABLE 41 MACHINE SAFETY MARKET SIZE FOR PACKAGING APPLICATION, BY REGION, 2013–2020 (USD MILLION) 87
TABLE 42 MACHINE SAFETY MARKET SIZE FOR ROBOTICS APPLICATION, BY PRODUCT, 2013–2020 (USD MILLION) 88
TABLE 43 MACHINE SAFETY MARKET SIZE FOR ROBOTICS APPLICATION, BY REGION, 
2013–2020 (USD MILLION) 89
TABLE 44 MACHINE SAFETY MARKET SIZE FOR WELDING APPLICATION, BY PRODUCT, 
2013–2020 (USD MILLION) 90
TABLE 45 MACHINE SAFETY MARKET SIZE FOR WELDING APPLICATION, BY REGION, 
2013–2020 (USD MILLION) 91
TABLE 46 MACHINE SAFETY MARKET SIZE FOR OTHER APPLICATIONS, BY PRODUCT, 
2013–2020 (USD MILLION) 91
TABLE 47 MACHINE SAFETY MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 
2013–2020 (USD MILLION) 92
TABLE 48 MACHINE SAFETY MARKET, BY REGION, 2013–2020 (USD MILLION) 96
TABLE 49 NORTH AMERICA: MACHINE SAFETY MARKET, BY PRODUCT TYPE, 
2013–2020 (USD MILLION) 97
TABLE 50 NORTH AMERICA: MACHINE SAFETY MARKET, BY APPLICATION, 
2013–2020 (USD MILLION) 98
TABLE 51 NORTH AMERICA: PRESENCE SENSING SAFETY SENSORS MARKET SIZE, 
BY APPLICATION, 2013–2020 (USD MILLION) 99
TABLE 52 NORTH AMERICA: EMERGENCY STOP CONTROLS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 99
TABLE 53 NORTH AMERICA: SAFETY PLC SYSTEMSMARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 100
TABLE 54 NORTH AMERICA: SAFETY CONTROLLERS/MODULES/RELAYS MARKET SIZE, 
BY APPLICATION, 2013–2020 (USD MILLION) 101
TABLE 55 NORTH AMERICA: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 101
TABLE 56 NORTH AMERICA: TWO-HAND SAFETY CONTROLS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 102
TABLE 57 NORTH AMERICA: MACHINE SAFETY MARKET, BY COUNTRY, 
2013–2020 (USD MILLION) 102
TABLE 58 EUROPE: MACHINE SAFETY MARKET, BY PRODUCT, 2013–2020 (USD MILLION) 104
TABLE 59 EUROPE: MACHINE SAFETY MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 104
TABLE 60 EUROPE: PRESENCE SENSING SAFETY SENSORS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 105
TABLE 61 EUROPE: EMERGENCY STOP CONTROLS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 106
TABLE 62 EUROPE: SAFETY PLCS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 106
TABLE 63 EUROPE: SAFETY CONTROLLERS/MODULES/RELAYS MARKET SIZE, 
BY APPLICATION, 2013–2020 (USD MILLION) 107
TABLE 64 EUROPE: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 107
TABLE 65 EUROPE: TWO-HAND SAFETY CONTROLS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 108
TABLE 66 EUROPE: MACHINE SAFETY MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 109
TABLE 67 APAC: MACHINE SAFETY MARKET, BY PRODUCT, 2013–2020 (USD MILLION) 111
TABLE 68 APAC: MACHINE SAFETY MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 111
TABLE 69 APAC: PRESENCE SENSING SAFETY SENSORS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 112
TABLE 70 APAC: EMERGENCY STOP CONTROLS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 112
TABLE 71 APAC: SAFETY PLCS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 113
TABLE 72 APAC: SAFETY CONTROLLERS/MODULES/RELAYS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 114
TABLE 73 APAC: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 114
TABLE 74 APAC: TWO-HAND SAFETY CONTROLS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 115
TABLE 75 APAC: MACHINE SAFETY MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 115
TABLE 76 ROW: MACHINE SAFETY MARKET, BY PRODUCT, 2013–2020 (USD MILLION) 116
TABLE 77 ROW: MACHINE SAFETY MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 117
TABLE 78 ROW: PRESENCE SENSING SAFETY SENSORS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 117
TABLE 79 ROW: EMERGENCY STOP CONTROLS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 118
TABLE 80 ROW: SAFETY PLCS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 118
TABLE 81 ROW: SAFETY CONTROLLERS/MODULES/RELAYS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 119
TABLE 82 ROW: SAFETY INTERLOCK SWITCHES MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 119
TABLE 83 ROW: TWO-HAND SAFETY CONTROLS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 120
TABLE 84 ROW: MACHINE SAFETY MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 121
TABLE 85 MACHINE SAFETY MARKET: MARKET RANKING ANALYSIS (2014) 123
TABLE 86 MOST SIGNIFICANT NEW PRODUCT LAUNCHES IN THE MACHINE 
SAFETY MARKET, 2015 125
TABLE 87 MOST SIGNIFICANT ACQUISITIONS, CONTRACTS, AND EXPANSIONS 
IN THE MACHINE SAFETY MARKET, 2014-2020 126
“
“LIST OF FIGURES

FIGURE 1 MARKETS COVERED 16
FIGURE 2 MACHINE SAFETY MARKET: RESEARCH DESIGN 19
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 24
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 25
FIGURE 5 MACHINE SAFETY MARKET SIZE, 2013–2020 27
FIGURE 6 SAFETY PLCS ARE EXPECTED TO GROW AT THE HIGHEST CAGR BETWEEN 
2015 AND 2020 28
FIGURE 7 THE MACHINE SAFETY MARKET, BY IMPLEMENTATION, 2015-2020 (USD MILLION) 29
FIGURE 8 MACHINE SAFETY MARKET, BY ELEMENT, 2014 29
FIGURE 9 MACHINE SAFETY MARKET, BY APPLICATION, 2014 VS. 2020 30
FIGURE 10 EUROPE HELD THE LARGEST SHARE IN 2014 31
FIGURE 11 ATTRACTIVE GROWTH OPPORTUNITIES IN THE MACHINE SAFETY MARKET 32
FIGURE 12 SAFETY PLC MARKET EXPECTED TO GROW AT THE HIGHEST RATE BETWEEN 
2015 AND 2020 32
FIGURE 13 ROBOTICS APPLICATION EXPECTED TO ACCOUNT FOR THE LARGEST SHARE 
OF THE GLOBAL MACHINE SAFETY MARKET IN 2015 33
FIGURE 14 U.S. EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE MACHINE SAFETY MARKET 34
FIGURE 15 MAJORITY OF MACHINE SAFETY PRODUCTS EXPECTED TO BE IMPLEMENTED 
AS INDIVIDUAL COMPONENTS 34
FIGURE 16 GROWING EMPHASIS ON INDUSTRIAL SAFETY AND PROACTIVE SAFETY IS DRIVING THE MACHINE SAFETY MARKET 38
FIGURE 17 VALUE CHAIN ANALYSIS 45
FIGURE 18 PORTER’S FIVE FORCES ANALYSIS 46
FIGURE 19 MACHINE SAFETY: INTENSITY OF RIVALRY 46
FIGURE 20 MACHINE SAFETY: THREAT OF SUBSTITUTES 47
FIGURE 21 MACHINE SAFETY: BARGAINING POWER OF BUYERS 48
FIGURE 22 MACHINE SAFETY: BARGAINING POWER OF SUPPLIERS 49
FIGURE 23 MACHINE SAFETY: THREAT OF NEW ENTRANTS 49
FIGURE 24 MACHINE SAFETY MARKET, BY PRODUCT 52
FIGURE 25 SAFETY PLCS SYSTEMS EXPECTED TO GROW AT THE HIGHEST RATE DURING 
THE FORECAST PERIOD 53
FIGURE 26 LIGHT CURTAINS FOR MACHINE SAFETY EXPECTED TO HOLD THE LARGEST MARKET SIZE BY 2020 58
FIGURE 27 PALM BUTTON SAFETY CONTROLS FOR EMERGENCY STOP DEVICESEXPECTED 
TO HOLD THE LARGE MARKET SIZE BY 2020 61
FIGURE 28 MARKET FOR INTEGRATED SAFETY PLC SYSTEMS EXPECTED TO GROW 
AT A HIGH CAGR BETWEEN 2015 AND 2020 63
FIGURE 29 SAFETY CONTROLLERS FOR MACHINE SAFETY EXPECTED TO GROW 
AT A HIGH CAGR BETWEEN 2015 AND 2020 66
FIGURE 30 TONGUE FOR MACHINE SAFETY EXPECTED TO GROW AT A HIGH CAGR BETWEEN 2015 AND 2020 69
FIGURE 31 TWO-HAND SAFETY CONTROLLERS FOR ASSEMBLY APPLICATION ESTIMATED 
TO GROW AT A HIGH CAGR BETWEEN 2015 AND 2020 72
FIGURE 32 MACHINE SAFETY MARKET, BY IMPLEMENTATION 75
FIGURE 33 MARKET FOR INTEGRATED COMPONENTS EXPECTED TO GROW AT THE HIGHEST CAGR BETWEEN 2015 AND 2020 76
FIGURE 34 MACHINE SAFETY MARKET, BY ELEMENT 77
FIGURE 35 MACHINE SAFETY MARKET, BY APPLICATION 80
FIGURE 36 ROBOTICS APPLICATION EXPECTED TO GROW AT THE HIGHEST RATE BETWEEN 2015 AND 2020 80
FIGURE 37 PRESENCE SENSING SAFETY SENSORS EXPECTED TO HOLD THE LARGEST MARKET SHARE IN 2015 83
FIGURE 38 APAC EXPECTED TO GROW AT THE HIGHEST RATE BETWEEN 2015 AND 2020 85
FIGURE 39 MARKET FOR SAFETY PLC SYSTEMSEXPECTED TO GROW AT THE HIGHEST RATE BETWEEN 2015 AND 2020 88
FIGURE 40 APAC EXPECTED TO GROW AT THE HIGHEST RATE BETWEEN 2015 AND 2020 90
FIGURE 41 EUROPE IS EXPECTED TO HOLD THE LARGEST MARKET SHARE OF OTHER APPLICATIONS IN 2015 92
FIGURE 42 MACHINE SAFETY MARKET, BY GEOGRAPHY, 2013–2020 (USD MILLION) 94
FIGURE 43 MACHINE SAFETY MARKET, GEOGRAPHIC SNAPSHOT, 2015–2020 95
FIGURE 44 APAC MARKET FOR MACHINE SAFETY PRODUCTS IS EXPECTED TO GROW 
AT THE HIGHEST CAGR BETWEEN 2015 AND 2020 95
FIGURE 45 ROBOTICS APPLICATION IS EXPECTED TO GROW AT THE HIGHESTCAGR DURING THE FORECAST PERIOD 98
FIGURE 46 THE NORTH AMERICAN MARKET FOR ROBOTICS APPLICATION IS EXPECTED 
TO GROW AT THE HIGHESTCAGR DURING THE FORECAST PERIOD 100
FIGURE 47 EUROPEAN MACHINE SAFETY MARKET OVERVIEW (2014) 103
FIGURE 48 MATERIA HANDLING APPLICATION OF THE EUROPEAN PRESENCE SAFETY SENSORS MARKET IS EXPECTED TO GROW AT THE HIGHESTCAGR DURING FORECAST PERIOD 105
FIGURE 49 MACHINE SAFETY MARKET IN GERMANY EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD 108
FIGURE 50 APAC MACHINE SAFETY MARKET OVERVIEW (2014) 110
FIGURE 51 ASSEMBLY APPLICATION IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 113
FIGURE 52 SAFETY PLCS IN ROW ARE EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 116
FIGURE 53 THE MIDDLE EAST AND AFRICAN REGION EXPECTED TO GROW 
AT THE HIGHESTCAGR DURING THE FORECAST PERIOD 120
FIGURE 54 COMPANIES ADOPTED PRODUCT INNOVATION AS THE KEY GROWTH STRATEGY BETWEEN 2013 AND 2015 122
FIGURE 55 MARKET EVALUATION FRAMEWORK 124
FIGURE 56 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCH WAS THE KEY STRATEGY 125
FIGURE 57 GEOGRAPHIC REVENUE MIX OF TOP MACHINE SAFETY MARKET PLAYERS 127
FIGURE 58 ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT 128
FIGURE 59 ROCKWELL AUTOMATION, INC.: SWOT ANALYSIS 130
FIGURE 60 SIEMENS AG: COMPANY SNAPSHOT 131
FIGURE 61 SIEMENS AG: SWOT ANALYSIS 133
FIGURE 62 PILZ GMBH & CO. KG: SWOT ANALYSIS 136
FIGURE 63 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT 137
FIGURE 64 SCHNEIDER ELECTRIC SE: SWOT ANALYSIS 139
FIGURE 65 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 140
FIGURE 66 MITSUBISHI ELECTRIC CORPORATION: SWOT ANALYSIS 142
FIGURE 67 ABB LTD: COMPANY SNAPSHOT 143
FIGURE 68 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 145
FIGURE 69 IDEC CORPORATION: COMPANY SNAPSHOT 147
“