Machine Safety Market worth $4,197.04 Million by 2018 March 2014

World Machine Safety Market worth $4,197.04 Million by 2018

According to a new market research report, “Machine Safety Market by Products (Presence Sensing Sensors,
Emergency Stop Controls, Interlocks, Relays, PLC), Applications (Assembly, Metal Works, Packaging,
Robotics), Standards (European, North American), Geography (2013 - 2018)”, published by MarketsandMarkets,
the total machine safety market is expected to reach $4,197.04 million by 2018, at a CAGR of 9.02% from 2013 to
2018.
Browse 109 market data tables and 31 figures spread through 309 pages and in-depth TOC on “Machine
Safety Market by Products (Presence Sensing Sensors, Emergency Stop Controls, Interlocks, Relays, and
PLC), Applications (Assembly, Metal Works, Packaging, and Robotics), Standards (European, North
American), and Geography (2013 - 2018)”.

http://www.marketsandmarkets.com/Market-Reports/machine-safety-market-1188.html

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The global machine safety market compromises of segmentation by safety products, application and end users. The
machine safety product market is segmented as follows: presence sensing sensors, emergency stop control, safety
interlock switches, programmable safety PLCs and Safety controllers/relays/modules. The safety products such as
safety interlocks, emergency stop control, safety PLCs are majorly deployed in industrial processes/applications for
safeguarding the machine and man. Presence sensing sensors are primarily utilized in applications involving
hazardous environment and remote applications such as pharmaceutical, chemicals and food & beverages industry.
Presence sensing sensors have high market share in metal working applications. Safety Controllers/Modules/Relays
have high market share in welding related applications. Programmable Safety Systems (Safety PLCs) is expected to
be a major machine safety product in future with CAGR projected to exceed 10% in major applications such as
assembly, packaging, material handling, metal working and robotics.
Global machine safety market is expected to reach $4,197.04 million by 2018, at an estimated CAGR of 9.02% from
2013 to 2018 with metal working, packaging and robotics application contributing to the global machine safety
application market with a share of 63% in 2012 and continue to remain stable till 2018.Europe is the leading region in
the overall machine safety market with 52% of market share in 2012; followed by North America and APAC with 22%
and 20% each in 2012. In ROW, Russia, Brazil and the Middle East are the largest contributors with total share of 6%
occupied in global machine safety market.
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