Worldwide Industrial Safety Industry to 2026 - Rapid Rise in Automotive Manufacturing Activities is Driving Growth

·8 min read

Dublin, July 27, 2021 (GLOBE NEWSWIRE) -- The "Industrial Safety Market Research Report by Industry, by Component, by System, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Industrial Safety Market size was estimated at USD 5,545.02 Million in 2020 and expected to reach USD 6,013.29 Million in 2021, at a Compound Annual Growth Rate (CAGR) 8.78% to reach USD 9,189.14 Million by 2026.

Market Statistics:

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Industrial Safety to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Industry, the Industrial Safety Market was examined across Aerospace & Defense, Automotive, Chemical, Energy & Power, Food & Beverages, Healthcare & Pharmaceutical, Metal & Mining, Oil & Gas, and Semiconductor.

  • Based on Type, the Industrial Safety Market was examined across Machine Safety and Worker Safety.

  • Based on Component, the Industrial Safety Market was examined across Emergency Stop Controls, Presence Sensing Safety Sensors, Programmable Safety Systems, Safety Controllers/Modules/Relays, Safety Interlock Switches, and Two-Hand Safety Control.

  • Based on System, the Industrial Safety Market was examined across Burner Management Systems, Emergency Shutdown Systems, Fire & Gas Monitoring System, High-Integrity Pressure Protection Systems, and Turbomachinery Control System.

  • Based on Geography, the Industrial Safety Market was examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas was further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific was further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, and Thailand. The Europe, Middle East & Africa was further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Industrial Safety Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Industrial Safety Market, including ABB Ltd, Balluff GmbH, Banner Engineering India Pvt. Ltd., Emerson Electric Co., Euchner, Fortress Interlocks, General Electric Company, HIMA Paul Hildebrandt GmbH, Honeywell International Inc., IDEC Corporation, Johnson Controls International PLC, Keyence Corporation, Mitsubishi Electric Corporation, Omron Corporation, Paladon Systems Ltd., Pilz India Pvt Ltd, Proserv Ingenious Simplicity, Rockwell Automation, Inc., Schmersal India Pvt Ltd, Schneider Electric SE, SGS Group, Sick AG, Siemens AG, and Yokogawa Electric Corporation.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Industrial Safety Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Industrial Safety Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Industrial Safety Market?
4. What is the competitive strategic window for opportunities in the Global Industrial Safety Market?
5. What are the technology trends and regulatory frameworks in the Global Industrial Safety Market?
6. What is the market share of the leading vendors in the Global Industrial Safety Market?
7. What modes and strategic moves are considered suitable for entering the Global Industrial Safety Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rapid rise in automotive manufacturing activities
5.1.1.2. Rising technological advancement producing reliable safety equipment
5.1.1.3. Increasing demand for the safety systems in the oil & gas industry
5.1.2. Restraints
5.1.2.1. Initial investment cost for the installation of industrial safety systems
5.1.2.2. Limited training initiatives and complicated safety standards
5.1.3. Opportunities
5.1.3.1. Rising demand for industrial safety systems in the oil, gas, automotive, and construction sectors
5.1.3.2. Stricter implementation of government protocols for creating a safer work culture Adoption of IIoT
5.1.4. Challenges
5.1.4.1. Minimizing cost and risk by improving workforce efficiency
5.1.4.2. Lack of awareness about the potential benefits of workplace safety programs by numerous businesses
5.2. Porters Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Customers
5.2.4. Bargaining Power of Suppliers
5.2.5. Industry Rivalry

6. Industrial Safety Market, by Industry
6.1. Introduction
6.2. Aerospace & Defense
6.3. Automotive
6.4. Chemical
6.5. Energy & Power
6.6. Food & Beverages
6.7. Healthcare & Pharmaceutical
6.8. Metal & Mining
6.9. Oil & Gas
6.10. Semiconductor

7. Industrial Safety Market, by Type
7.1. Introduction
7.2. Machine Safety
7.3. Worker Safety

8. Industrial Safety Market, by Component
8.1. Introduction
8.2. Emergency Stop Controls
8.3. Presence Sensing Safety Sensors
8.4. Programmable Safety Systems
8.5. Safety Controllers/Modules/Relays
8.6. Safety Interlock Switches
8.7. Two-Hand Safety Control

9. Industrial Safety Market, by System
9.1. Introduction
9.2. Burner Management Systems
9.3. Emergency Shutdown Systems
9.4. Fire & Gas Monitoring System
9.5. High-Integrity Pressure Protection Systems
9.6. Turbomachinery Control System

10. Americas Industrial Safety Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Industrial Safety Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Thailand

12. Europe, Middle East & Africa Industrial Safety Market
12.1. Introduction
12.2. France
12.3. Germany
12.4. Italy
12.5. Netherlands
12.6. Qatar
12.7. Russia
12.8. Saudi Arabia
12.9. South Africa
12.10. Spain
12.11. United Arab Emirates
12.12. United Kingdom

13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.1.1. Quadrants
13.1.2. Business Strategy
13.1.3. Product Satisfaction
13.2. Market Ranking Analysis
13.3. Market Share Analysis, By Key Player
13.4. Competitive Scenario
13.4.1. Merger & Acquisition
13.4.2. Agreement, Collaboration, & Partnership
13.4.3. New Product Launch & Enhancement
13.4.4. Investment & Funding
13.4.5. Award, Recognition, & Expansion

14. Company Usability Profiles
14.1. ABB Ltd
14.2. Balluff GmbH
14.3. Banner Engineering India Pvt. Ltd.
14.4. Emerson Electric Co.
14.5. Euchner
14.6. Fortress Interlocks
14.7. General Electric Company
14.8. HIMA Paul Hildebrandt GmbH
14.9. Honeywell International Inc.
14.10. IDEC Corporation
14.11. Johnson Controls International PLC
14.12. Keyence Corporation
14.13. Mitsubishi Electric Corporation
14.14. Omron Corporation
14.15. Paladon Systems Ltd.
14.16. Pilz India Pvt Ltd
14.17. Proserv Ingenious Simplicity
14.18. Rockwell Automation, Inc.
14.19. Schmersal India Pvt Ltd
14.20. Schneider Electric SE
14.21. SGS Group
14.22. Sick AG
14.23. Siemens AG
14.24. Yokogawa Electric Corporation

15. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/jwqozv

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