According to a new report North America Machine Safety Market, published by KBV research, the North America Machine Safety Market would witness market growth of 5.6% CAGR during the forecast period (2017-2023).
The US market holds the largest market share in North America Presence-Sensing Safety Sensors Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 3.9 % during the forecast period. The Canada market is expected to witness a CAGR of 7% during (2017 - 2023) in North America Emergency Stop Devices Market. Additionally, The Mexico market is expected to witness a CAGR of 7.5% during (2017 - 2023) in North America Programmable Safety Systems (Safety PLCs) Market.
Key Market Segments - North America Machine Safety Market
Source: KBV Research Analysis
The Automotive & Transportation market holds the largest market share in North America Machine Safety Market by End User in 2016, and would continue to be a dominant market till 2023. The Oil & Gas market is expected to witness a CAGR of 5.2% during (2017 - 2023). Additionally, The Chemicals market is expected to witness a CAGR of 6.3% during (2017 - 2023).
The Embedded Component market holds the largest market share in Mexico Machine Safety Market by Implementation in 2016, and would continue to be a dominant market till 2023. The Individual Component market would garner market size of $66.8 million by 2023.
Full Report: https://www.kbvresearch.com/north-america-machine-safety-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the North America Machine Safety Market have been discussed in the report with the competition analysis and elaborated company profiles of Rockwell Automation, Schneider Electric SE, Mitsubishi Electric Corporation, Omron Corporation, ABB Group, Siemens AG, Honeywell International, Inc., SICK AG, Keyence Corporation, and Banner Engineering.
By Implementation
By Component
By End User
By Application
By Country
Companies Profiled
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Related Reports:
Global Machine Safety Market (2017-2023)
Europe Machine Safety Market (2017-2023)
Asia Pacific Machine Safety Market (2017-2023)
LAMEA Machine Safety Market (2017-2023)
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