Need to Manage Risk and Increase Safety Will Propel the Machine Safeguarding Solutions Market

  • October 21, 2020
  • ARC Advisory Group
  • News
Need to Manage Risk and Increase Safety Will Propel the Machine Safeguarding Solutions Market
Need to Manage Risk and Increase Safety Will Propel the Machine Safeguarding Solutions Market

Oct. 20, 2020 - New ARC Advisory Group research on the global Machine Safeguarding Solutions market reveals that safety is an integral part of today’s factories, particularly in mature economies. Thanks to modern automation, robots now perform many manufacturing operations previously performed by humans. These include material handling, inspection, assembly, machine loading and unloading, and other tasks. This frees up the human workforce to perform more value-adding activities.

“As humans and machines work together, operations can become more efficient and productive, but this requires effective safety technology," according to Anju Ajaykumar, analyst at ARC Advisory Group and key author of ARC’s Machine Safeguarding Solutions Global Market Research report. "ARC anticipates that the need to increase safety in manufacturing environments where humans and robots must work in close proximity will propel growth in the global machine safeguarding solutions market over the forecast period." 

Leading suppliers to the machine safeguarding solutions market identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering.  In alphabetical order, these include Rockwell Automation, SICK, and Siemens.

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/regional) 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 modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by industry, region, revenue, component, sales channels, and customers.

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:

  • Market Intelligence Workbook (Excel) – personalized spreadsheet includes 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 Advisory Group market research, please visit Market Data & Studies.

About ARC Advisory Group

ARC Advisory Group is the leading market research and advisory firm for industry, infrastructure, and smart cities.  ARC analysts have the industry knowledge and firsthand experience to help clients find the best answers.

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