New ARC Advisory Group research on the machine safeguarding solutions market reveals that safety is an integral part of factories in mature economies; however, many existing machinery designs do not have the necessary hardware to minimize the risks associated with industrial operations. Retrofitting existing machinery to current safety standards will drive market growth.
“As machine builders continue to integrate more automated subsystems for either material handling or automated changeover, the trend is to create a safe working environment. Machine builders now utilize safety solutions to reduce risk and protect operators at the workplace. Current safety standards allow configurable safety systems to be integrated directly into servo drives,” according to Anju Ajaykumar, Analyst at ARC Advisory Group and key author of ARC’s Machine Safeguarding Solutions Global Market Research report.
About the Machine Safeguarding Solutions Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the machine safeguarding solutions market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, revenue type, components, sales channel, customer type, and production machinery manufacturing.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.