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North America Machine Safety Market Size, Share & Trends Analysis Report By Industry (Process and Discrete, By Offerings (Systems and Sensors), By Components, By Country and Growth Forecast, 2023 - 2030

Published Date : 01-Apr-2024

Pages: 147

Formats: PDF

The North America Machine Safety Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030).

The US market dominated the North America Machine Safety Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,583.3 million by 2030. The Canada market is experiencing a CAGR of 8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.1% during (2023 - 2030).

North America Machine Safety Market

Companies operating in multiple regions must adhere to diverse regulatory frameworks, necessitating a standardized approach to safety. This has led to the widespread adoption of recognized safety standards and the implementation of safety systems that can be seamlessly integrated across geographically dispersed facilities.

The changing workforce demographics, with an increasing emphasis on attracting and retaining skilled workers, have prompted organizations to prioritize employee well-being. In industries where skilled labor is in high demand, creating a safe and appealing work environment is not just a legal requirement but a strategic imperative. Adopting machine safety solutions plays a pivotal role in fostering a workplace culture that values the health and safety of employees, contributing to overall employee satisfaction and retention.

The railway industry employs various safety systems to prevent accidents and ensure the secure operation of trains in Canada. Aircraft are equipped with advanced safety technologies to ensure safe operations. The road transportation industry benefits from adopting Advanced Driver Assistance Systems (ADAS) in vehicles in Canada. One major trend in Canada's transportation sector is the development of autonomous vehicles, such as self-driving trucks and cars. Using simulators in training programs for transportation operators contributes to enhanced safety in Canada. Hence, the factors mentioned above will drive the regional market growth.

Free Valuable Insights: The Machine Safety Market is Predict to reach USD 7.6 Billion by 2030, at a CAGR of 6%

Based on Industry, the market is segmented into Process (Food & Beverages, Power Generation, Chemicals, Oil & Gas, Pharmaceuticals, Metals & Mining and Others) and Discrete (Automotive, Semiconductor & Electronics, Aerospace and Others). Based on Offerings, the market is segmented into Systems and Sensors. Based on Components, the market is segmented into Presence Detection 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 U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Mitsubishi Electric Corporation
  • Omron Corporation
  • ABB Ltd.
  • Siemens AG
  • Honeywell International, Inc.
  • Sick AG
  • Keyence Corporation
  • Banner Engineering Corporation

North America Machine Safety Market Report Segmentation

By Industry

  • Process
    • Food & Beverages
    • Power Generation
    • Chemicals
    • Oil & Gas
    • Pharmaceuticals
    • Metals & Mining
    • Others
  • Discrete
    • Automotive
    • Semiconductor & Electronics
    • Aerospace
    • Others

By Offerings

  • Systems
  • Sensors

By Components

  • Presence Detection Sensors
  • Safety Controllers/Modules/Relays
  • Programmable Safety Systems
  • Safety Interlock Switches
  • Emergency Stop Controls
  • Two-Hand Safety Controls
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Machine Safety Market, by Industry
1.4.2 North America Machine Safety Market, by Offerings
1.4.3 North America Machine Safety Market, by Components
1.4.4 North America Machine Safety Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Sep– 2023, Nov) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Machine Safety Market by Industry
5.1 North America Process Market by Region
5.2 North America Machine Safety Market by Process Industry Type
5.2.1 North America Food & Beverages Market by Country
5.2.2 North America Power Generation Market by Country
5.2.3 North America Chemicals Market by Country
5.2.4 North America Oil & Gas Market by Country
5.2.5 North America Pharmaceuticals Market by Country
5.2.6 North America Metals & Mining Market by Country
5.2.7 North America Others Market by Country
5.3 North America Discrete Market by Region
5.4 North America Machine Safety Market by Discrete Industry Type
5.4.1 North America Automotive Market by Country
5.4.2 North America Semiconductor & Electronics Market by Country
5.4.3 North America Aerospace Market by Country
5.4.4 North America Others Market by Country

Chapter 6. North America Machine Safety Market by Offerings
6.1 North America Systems Market by Country
6.2 North America Sensors Market by Country

Chapter 7. North America Machine Safety Market by Components
7.1 North America Presence Detection Sensors Market by Country
7.2 North America Safety Controllers/Modules/Relays Market by Country
7.3 North America Programmable Safety Systems Market by Country
7.4 North America Safety Interlock Switches Market by Country
7.5 North America Emergency Stop Controls Market by Country
7.6 North America Two-Hand Safety Controls Market by Country
7.7 North America Others Market by Country

Chapter 8. North America Machine Safety Market by Country
8.1 US Machine Safety Market
8.1.1 US Machine Safety Market by Industry
8.1.1.1 US Machine Safety Market by Process Industry Type
8.1.1.2 US Machine Safety Market by Discrete Industry Type
8.1.2 US Machine Safety Market by Offerings
8.1.3 US Machine Safety Market by Components
8.2 Canada Machine Safety Market
8.2.1 Canada Machine Safety Market by Industry
8.2.1.1 Canada Machine Safety Market by Process Industry Type
8.2.1.2 Canada Machine Safety Market by Discrete Industry Type
8.2.2 Canada Machine Safety Market by Offerings
8.2.3 Canada Machine Safety Market by Components
8.3 Mexico Machine Safety Market
8.3.1 Mexico Machine Safety Market by Industry
8.3.1.1 Mexico Machine Safety Market by Process Industry Type
8.3.1.2 Mexico Machine Safety Market by Discrete Industry Type
8.3.2 Mexico Machine Safety Market by Offerings
8.3.3 Mexico Machine Safety Market by Components
8.4 Rest of North America Machine Safety Market
8.4.1 Rest of North America Machine Safety Market by Industry
8.4.1.1 Rest of North America Machine Safety Market by Process Industry Type
8.4.1.2 Rest of North America Machine Safety Market by Discrete Industry Type
8.4.2 Rest of North America Machine Safety Market by Offerings
8.4.3 Rest of North America Machine Safety Market by Components

Chapter 9. Company Profiles
9.1 Banner Engineering Corporation
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Product Launches and Product Expansions:
9.2 Rockwell Automation, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Schneider Electric SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Mitsubishi Electric Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Omron Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 ABB Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Siemens AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Honeywell International, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Sick AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Keyence Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 North America Machine Safety Market, 2019 - 2022, USD Million
TABLE 2 North America Machine Safety Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Machine Safety Market
TABLE 4 Product Launches And Product Expansions– Machine Safety Market
TABLE 5 Acquisition and Mergers– Machine Safety Market
TABLE 6 North America Machine Safety Market by Industry, 2019 - 2022, USD Million
TABLE 7 North America Machine Safety Market by Industry, 2023 - 2030, USD Million
TABLE 8 North America Process Market by Region, 2019 - 2022, USD Million
TABLE 9 North America Process Market by Region, 2023 - 2030, USD Million
TABLE 10 North America Machine Safety Market by Process Industry Type, 2019 - 2022, USD Million
TABLE 11 North America Machine Safety Market by Process Industry Type, 2023 - 2030, USD Million
TABLE 12 North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 14 North America Power Generation Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Power Generation Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Metals & Mining Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Metals & Mining Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Discrete Market by Region, 2019 - 2022, USD Million
TABLE 27 North America Discrete Market by Region, 2023 - 2030, USD Million
TABLE 28 North America Machine Safety Market by Discrete Industry Type, 2019 - 2022, USD Million
TABLE 29 North America Machine Safety Market by Discrete Industry Type, 2023 - 2030, USD Million
TABLE 30 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Semiconductor & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Semiconductor & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Aerospace Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 38 North America Machine Safety Market by Offerings, 2019 - 2022, USD Million
TABLE 39 North America Machine Safety Market by Offerings, 2023 - 2030, USD Million
TABLE 40 North America Systems Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Systems Market by Country, 2023 - 2030, USD Million
TABLE 42 North America Sensors Market by Country, 2019 - 2022, USD Million
TABLE 43 North America Sensors Market by Country, 2023 - 2030, USD Million
TABLE 44 North America Machine Safety Market by Components, 2019 - 2022, USD Million
TABLE 45 North America Machine Safety Market by Components, 2023 - 2030, USD Million
TABLE 46 North America Presence Detection Sensors Market by Country, 2019 - 2022, USD Million
TABLE 47 North America Presence Detection Sensors Market by Country, 2023 - 2030, USD Million
TABLE 48 North America Safety Controllers/Modules/Relays Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Safety Controllers/Modules/Relays Market by Country, 2023 - 2030, USD Million
TABLE 50 North America Programmable Safety Systems Market by Country, 2019 - 2022, USD Million
TABLE 51 North America Programmable Safety Systems Market by Country, 2023 - 2030, USD Million
TABLE 52 North America Safety Interlock Switches Market by Country, 2019 - 2022, USD Million
TABLE 53 North America Safety Interlock Switches Market by Country, 2023 - 2030, USD Million
TABLE 54 North America Emergency Stop Controls Market by Country, 2019 - 2022, USD Million
TABLE 55 North America Emergency Stop Controls Market by Country, 2023 - 2030, USD Million
TABLE 56 North America Two-Hand Safety Controls Market by Country, 2019 - 2022, USD Million
TABLE 57 North America Two-Hand Safety Controls Market by Country, 2023 - 2030, USD Million
TABLE 58 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 59 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 60 North America Machine Safety Market by Country, 2019 - 2022, USD Million
TABLE 61 North America Machine Safety Market by Country, 2023 - 2030, USD Million
TABLE 62 US Machine Safety Market, 2019 - 2022, USD Million
TABLE 63 US Machine Safety Market, 2023 - 2030, USD Million
TABLE 64 US Machine Safety Market by Industry, 2019 - 2022, USD Million
TABLE 65 US Machine Safety Market by Industry, 2023 - 2030, USD Million
TABLE 66 US Machine Safety Market by Process Industry Type, 2019 - 2022, USD Million
TABLE 67 US Machine Safety Market by Process Industry Type, 2023 - 2030, USD Million
TABLE 68 US Machine Safety Market by Discrete Industry Type, 2019 - 2022, USD Million
TABLE 69 US Machine Safety Market by Discrete Industry Type, 2023 - 2030, USD Million
TABLE 70 US Machine Safety Market by Offerings, 2019 - 2022, USD Million
TABLE 71 US Machine Safety Market by Offerings, 2023 - 2030, USD Million
TABLE 72 US Machine Safety Market by Components, 2019 - 2022, USD Million
TABLE 73 US Machine Safety Market by Components, 2023 - 2030, USD Million
TABLE 74 Canada Machine Safety Market, 2019 - 2022, USD Million
TABLE 75 Canada Machine Safety Market, 2023 - 2030, USD Million
TABLE 76 Canada Machine Safety Market by Industry, 2019 - 2022, USD Million
TABLE 77 Canada Machine Safety Market by Industry, 2023 - 2030, USD Million
TABLE 78 Canada Machine Safety Market by Process Industry Type, 2019 - 2022, USD Million
TABLE 79 Canada Machine Safety Market by Process Industry Type, 2023 - 2030, USD Million
TABLE 80 Canada Machine Safety Market by Discrete Industry Type, 2019 - 2022, USD Million
TABLE 81 Canada Machine Safety Market by Discrete Industry Type, 2023 - 2030, USD Million
TABLE 82 Canada Machine Safety Market by Offerings, 2019 - 2022, USD Million
TABLE 83 Canada Machine Safety Market by Offerings, 2023 - 2030, USD Million
TABLE 84 Canada Machine Safety Market by Components, 2019 - 2022, USD Million
TABLE 85 Canada Machine Safety Market by Components, 2023 - 2030, USD Million
TABLE 86 Mexico Machine Safety Market, 2019 - 2022, USD Million
TABLE 87 Mexico Machine Safety Market, 2023 - 2030, USD Million
TABLE 88 Mexico Machine Safety Market by Industry, 2019 - 2022, USD Million
TABLE 89 Mexico Machine Safety Market by Industry, 2023 - 2030, USD Million
TABLE 90 Mexico Machine Safety Market by Process Industry Type, 2019 - 2022, USD Million
TABLE 91 Mexico Machine Safety Market by Process Industry Type, 2023 - 2030, USD Million
TABLE 92 Mexico Machine Safety Market by Discrete Industry Type, 2019 - 2022, USD Million
TABLE 93 Mexico Machine Safety Market by Discrete Industry Type, 2023 - 2030, USD Million
TABLE 94 Mexico Machine Safety Market by Offerings, 2019 - 2022, USD Million
TABLE 95 Mexico Machine Safety Market by Offerings, 2023 - 2030, USD Million
TABLE 96 Mexico Machine Safety Market by Components, 2019 - 2022, USD Million
TABLE 97 Mexico Machine Safety Market by Components, 2023 - 2030, USD Million
TABLE 98 Rest of North America Machine Safety Market, 2019 - 2022, USD Million
TABLE 99 Rest of North America Machine Safety Market, 2023 - 2030, USD Million
TABLE 100 Rest of North America Machine Safety Market by Industry, 2019 - 2022, USD Million
TABLE 101 Rest of North America Machine Safety Market by Industry, 2023 - 2030, USD Million
TABLE 102 Rest of North America Machine Safety Market by Process Industry Type, 2019 - 2022, USD Million
TABLE 103 Rest of North America Machine Safety Market by Process Industry Type, 2023 - 2030, USD Million
TABLE 104 Rest of North America Machine Safety Market by Discrete Industry Type, 2019 - 2022, USD Million
TABLE 105 Rest of North America Machine Safety Market by Discrete Industry Type, 2023 - 2030, USD Million
TABLE 106 Rest of North America Machine Safety Market by Offerings, 2019 - 2022, USD Million
TABLE 107 Rest of North America Machine Safety Market by Offerings, 2023 - 2030, USD Million
TABLE 108 Rest of North America Machine Safety Market by Components, 2019 - 2022, USD Million
TABLE 109 Rest of North America Machine Safety Market by Components, 2023 - 2030, USD Million
TABLE 110 Key Information – Banner Engineering Corporation
TABLE 111 Key Information – Rockwell Automation, Inc.
TABLE 112 Key Information – Schneider Electric SE
TABLE 113 Key Information – Mitsubishi Electric Corporation
TABLE 114 Key Information – Omron Corporation
TABLE 115 Key Information – ABB Ltd.
TABLE 116 Key Information – Siemens AG
TABLE 117 Key Information – Honeywell International, Inc.
TABLE 118 Key Information – Sick AG
TABLE 119 key information – Keyence Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Machine Safety Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Machine Safety Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2019, Sep– 2023, Nov) Leading Players
FIG 8 Porter’s Five Forces Analysis – Machine Safety Market
FIG 9 North America Machine Safety Market share by Industry, 2022
FIG 10 North America Machine Safety Market share by Industry, 2030
FIG 11 North America Machine Safety Market by Industry, 2019 - 2030, USD Million
FIG 12 North America Machine Safety Market share by Offerings, 2022
FIG 13 North America Machine Safety Market share by Offerings, 2030
FIG 14 North America Machine Safety Market by Offerings, 2019 - 2030, USD Million
FIG 15 North America Machine Safety Market share by Components, 2022
FIG 16 North America Machine Safety Market share by Components, 2030
FIG 17 North America Machine Safety Market by Components, 2019 - 2030, USD Million
FIG 18 North America Machine Safety Market share by Country, 2022
FIG 19 North America Machine Safety Market share by Country, 2030
FIG 20 North America Machine Safety Market by Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: Rockwell Automation, Inc.
FIG 22 SWOT Analysis: Schneider Electric SE
FIG 23 SWOT Analysis: Mitsubishi Electric Corporation
FIG 24 SWOT Analysis: Omron Corporation
FIG 25 SWOT Analysis: ABB ltd.
FIG 26 SWOT Analysis: Siemens AG
FIG 27 Swot analysis: Honeywell international, inc.
FIG 28 SWOT Analysis: Sick AG
FIG 29 SWOT Analysis: KEYENCE CORPORATION

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