The Europe Industrial Safety Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).
Since construction is such a high-risk business, a construction safety management plan must incorporate all safety standards and procedures for each activity on the job site, with a different plan for each project. There are health & safety hazards at every turn on a construction site, including dangerous equipment, perilous heights, electricity and water, and deadly silica dust. When working with older structures, asbestos is frequently present. Companies can reduce these risks by providing appropriate PPE, such as gloves, masks, and hard hats. Provision of non-slip surfaces both inside and out to prevent slips, and creation of guardrails to avoid falls, and finally, making sure that all protective equipment is inspected regularly should be the duty of every company.
Electrical injuries are often fatal, although being less prevalent than other types, which is why OSHA considers them to be "a long-time major workplace danger." A company needs regulations regarding using the correct tools, keeping equipment apart from energy sources, & only working on electrical equipment when it is de-energized to safeguard personnel from electrocution, electric shock, fires, & explosions. Failure to equip the proper safety equipment might result in serious injury or even death. However, the damage is not restricted to people. Production halts, prolonged investigations, and criminal and civil action can all lead to the termination of a career.
The European Agency's objective to make Europe's workplaces healthier, safer, & more productive will have a beneficial impact on the industrial safety market. Following a request from the European Commission, a 'harmonized standard' is a standard adopted by one of the European standardization organizations – the European Committee for Standardization (CEN), European Telecommunications Standards Institute (ETSI), and European Committee for Electro technical Standardization (CENELEC).
The so-called "New Approach" is a novel approach to technical harmonization that divides responsibility between European legislators and European standards bodies. The essential concepts that underpin the 'New Approach' are as follows: European regulations specify the "basic requirements" for ensuring a high degree of health, safety, consumer protection, and environmental protection. Article 114 of the Treaty on the Functioning of the European Union (ex. Article 95 TEC), which provides for the acceptance of measures to enhance the free movement of goods, is the basis for such directives under the new approach. The European standardization organizations are in charge of drafting the necessary harmonized standards that meet the necessary needs of products established by the directives (CEN, CENELEC, and ETSI).
The Germany market dominated the Europe Industrial Safety Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $630.4 million by 2028. The UK market is poised to grow at a CAGR of 5.4% during (2022 - 2028). Additionally, The France market would witness a CAGR of 7% during (2022 - 2028).
Based on Type, the market is segmented into Machine Safety and Worker Safety. Based on Industry, the market is segmented into Automotive, Food & Beverages, Chemicals, Semiconductor, Aerospace & Defense, Healthcare & Life Sciences, Metals & Mining, Energy & Power, Oil & Gas, and Others. Based on Component, the market is segmented into Presence Sensing Safety Sensors, Safety Controllers/ Modules/ Relays, Programmable Safety Systems, Safety Interlock Switches, Emergency Stop Controls, Two-Hand Safety Controls, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Industrial Safety Market Size will Hit $9.5 Billion by 2028, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Yokogawa Electric Corporation, HIMA Paul Hildebrandt GmbH, Baker Hughes Company, Emerson Electric Co., Siemens AG, Rockwell Automation, Inc., ABB Group, Honeywell International, Inc., and Schneider Electric SE.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Machine Safety
- Worker Safety
By Industry
- Automotive
- Food & Beverages
- Chemicals
- Semiconductor
- Aerospace & Defense
- Healthcare & Life Sciences
- Metals & Mining
- Energy & Power
- Oil & Gas
- Others
By Component
- Presence Sensing Safety Sensors
- Safety Controllers/ Modules/ Relays
- Programmable Safety Systems
- Safety Interlock Switches
- Emergency Stop Controls
- Two-Hand Safety Controls
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- Yokogawa Electric Corporation
- HIMA Paul Hildebrandt GmbH
- Baker Hughes Company
- Emerson Electric Co.
- Siemens AG
- Rockwell Automation, Inc.
- ABB Group
- Honeywell International, Inc.
- Schneider Electric SE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Industrial Safety Market, by Type
1.4.2 Europe Industrial Safety Market, by Industry
1.4.3 Europe Industrial Safety Market, by Component
1.4.4 Europe Industrial Safety Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Jan – 2022, Mar) Leading Players
Chapter 4. Europe Industrial Safety Market by Type
4.1 Europe Machine Safety Market by Country
4.2 Europe Worker Safety Market by Country
Chapter 5. Europe Industrial Safety Market by Industry
5.1 Europe Automotive Market by Country
5.2 Europe Food & Beverages Market by Country
5.3 Europe Chemicals Market by Country
5.4 Europe Semiconductor Market by Country
5.5 Europe Aerospace & Defense Market by Country
5.6 Europe Healthcare & Life Sciences Market by Country
5.7 Europe Metals & Mining Market by Country
5.8 Europe Energy & Power Market by Country
5.9 Europe Oil & Gas Market by Country
5.1 Europe Other Industry Market by Country
Chapter 6. Europe Industrial Safety Market by Component
6.1 Europe Presence Sensing Safety Sensors Market by Country
6.2 Europe Safety Controllers/ Modules/ Relays Market by Country
6.3 Europe Programmable Safety Systems Market by Country
6.4 Europe Safety Interlock Switches Market by Country
6.5 Europe Emergency Stop Controls Market by Country
6.6 Europe Two-Hand Safety Controls Market by Country
6.7 Europe Others Market by Country
Chapter 7. Europe Industrial Safety Market by Country
7.1 Germany Industrial Safety Market
7.1.1 Germany Industrial Safety Market by Type
7.1.2 Germany Industrial Safety Market by Industry
7.1.3 Germany Industrial Safety Market by Component
7.2 UK Industrial Safety Market
7.2.1 UK Industrial Safety Market by Type
7.2.2 UK Industrial Safety Market by Industry
7.2.3 UK Industrial Safety Market by Component
7.3 France Industrial Safety Market
7.3.1 France Industrial Safety Market by Type
7.3.2 France Industrial Safety Market by Industry
7.3.3 France Industrial Safety Market by Component
7.4 Russia Industrial Safety Market
7.4.1 Russia Industrial Safety Market by Type
7.4.2 Russia Industrial Safety Market by Industry
7.4.3 Russia Industrial Safety Market by Component
7.5 Spain Industrial Safety Market
7.5.1 Spain Industrial Safety Market by Type
7.5.2 Spain Industrial Safety Market by Industry
7.5.3 Spain Industrial Safety Market by Component
7.6 Italy Industrial Safety Market
7.6.1 Italy Industrial Safety Market by Type
7.6.2 Italy Industrial Safety Market by Industry
7.6.3 Italy Industrial Safety Market by Component
7.7 Rest of Europe Industrial Safety Market
7.7.1 Rest of Europe Industrial Safety Market by Type
7.7.2 Rest of Europe Industrial Safety Market by Industry
7.7.3 Rest of Europe Industrial Safety Market by Component
Chapter 8. Company Profiles
8.1 Schneider Electric SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 Honeywell International, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 ABB Group
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Rockwell Automation, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 Siemens AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.6 Emerson Electric Co.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Baker Hughes Company
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 HIMA Paul Hildebrandt GmbH
8.8.1 Company Overview
8.8.1 Recent strategies and developments:
8.8.1.1 Partnerships, Collaborations, and Agreements:
8.8.1.2 Product Launches and Product Expansions:
8.9 Yokogawa Electric Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Acquisition and Mergers:
8.10. Omron Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
TABLE 1 Europe Industrial Safety Market, 2018 - 2021, USD Million
TABLE 2 Europe Industrial Safety Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Industrial Safety Market
TABLE 4 Product Launches And Product Expansions– Industrial Safety Market
TABLE 5 Acquisition and Mergers– Industrial Safety Market
TABLE 6 Europe Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 7 Europe Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 8 Europe Machine Safety Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Machine Safety Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Worker Safety Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Worker Safety Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 13 Europe Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 14 Europe Automotive Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Automotive Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Chemicals Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Chemicals Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Semiconductor Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Semiconductor Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Metals & Mining Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Metals & Mining Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Other Industry Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Other Industry Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 35 Europe Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 36 Europe Presence Sensing Safety Sensors Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Presence Sensing Safety Sensors Market by Country, 2022 - 2028, USD Million
TABLE 38 Europe Safety Controllers/ Modules/ Relays Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe Safety Controllers/ Modules/ Relays Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Programmable Safety Systems Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Programmable Safety Systems Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Safety Interlock Switches Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Safety Interlock Switches Market by Country, 2022 - 2028, USD Million
TABLE 44 Europe Emergency Stop Controls Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe Emergency Stop Controls Market by Country, 2022 - 2028, USD Million
TABLE 46 Europe Two-Hand Safety Controls Market by Country, 2018 - 2021, USD Million
TABLE 47 Europe Two-Hand Safety Controls Market by Country, 2022 - 2028, USD Million
TABLE 48 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 49 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 50 Europe Industrial Safety Market by Country, 2018 - 2021, USD Million
TABLE 51 Europe Industrial Safety Market by Country, 2022 - 2028, USD Million
TABLE 52 Germany Industrial Safety Market, 2018 - 2021, USD Million
TABLE 53 Germany Industrial Safety Market, 2022 - 2028, USD Million
TABLE 54 Germany Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 55 Germany Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 56 Germany Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 57 Germany Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 58 Germany Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 59 Germany Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 60 UK Industrial Safety Market, 2018 - 2021, USD Million
TABLE 61 UK Industrial Safety Market, 2022 - 2028, USD Million
TABLE 62 UK Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 63 UK Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 64 UK Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 65 UK Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 66 UK Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 67 UK Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 68 France Industrial Safety Market, 2018 - 2021, USD Million
TABLE 69 France Industrial Safety Market, 2022 - 2028, USD Million
TABLE 70 France Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 71 France Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 72 France Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 73 France Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 74 France Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 75 France Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 76 Russia Industrial Safety Market, 2018 - 2021, USD Million
TABLE 77 Russia Industrial Safety Market, 2022 - 2028, USD Million
TABLE 78 Russia Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 79 Russia Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 80 Russia Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 81 Russia Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 82 Russia Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 83 Russia Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 84 Spain Industrial Safety Market, 2018 - 2021, USD Million
TABLE 85 Spain Industrial Safety Market, 2022 - 2028, USD Million
TABLE 86 Spain Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 87 Spain Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 88 Spain Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 89 Spain Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 90 Spain Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 91 Spain Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 92 Italy Industrial Safety Market, 2018 - 2021, USD Million
TABLE 93 Italy Industrial Safety Market, 2022 - 2028, USD Million
TABLE 94 Italy Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 95 Italy Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 96 Italy Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 97 Italy Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 98 Italy Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 99 Italy Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 100 Rest of Europe Industrial Safety Market, 2018 - 2021, USD Million
TABLE 101 Rest of Europe Industrial Safety Market, 2022 - 2028, USD Million
TABLE 102 Rest of Europe Industrial Safety Market by Type, 2018 - 2021, USD Million
TABLE 103 Rest of Europe Industrial Safety Market by Type, 2022 - 2028, USD Million
TABLE 104 Rest of Europe Industrial Safety Market by Industry, 2018 - 2021, USD Million
TABLE 105 Rest of Europe Industrial Safety Market by Industry, 2022 - 2028, USD Million
TABLE 106 Rest of Europe Industrial Safety Market by Component, 2018 - 2021, USD Million
TABLE 107 Rest of Europe Industrial Safety Market by Component, 2022 - 2028, USD Million
TABLE 108 Key Information – SCHNEIDER ELECTRIC SE
TABLE 109 Key Information – Honeywell International, Inc.
TABLE 110 Key Information – ABB Group
TABLE 111 Key Information – Rockwell Automation, Inc.
TABLE 112 Key Information – Siemens AG
TABLE 113 Key Information – Emerson Electric Co.
TABLE 114 Key Information – Baker Hughes Company
TABLE 115 Key Information – HIMA PAUL HILDEBRANDT GMBH
TABLE 116 Key Information – YOKOGAWA ELECTRIC CORPORATION
TABLE 117 Key Information – OMRON CORPORATION
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Jan – 2022, Mar) Leading Players
FIG 5 Recent strategies and developments: Schneider Electric SE
FIG 6 Recent strategies and developments: Honeywell International, Inc.
FIG 7 Recent strategies and developments: ABB Group
FIG 8 Recent strategies and developments: Siemens AG
FIG 9 Recent strategies and developments: HIMA Paul Hildebrandt GmbH
FIG 10 Recent strategies and developments: Yokogawa Electric Corporation