Machine safeguarding solutions growing at 8.4% rate

11/03/2005


Machine safeguarding solutions is one of the highest growth segments in the industrial automation sector. Safety—human, machine, and environment—has moved to the forefront in manufacturing. The worldwide market for this sector is expected to grow at a compounded annual growth rate (CAGR) of 8.4% over the next five years. In 2004 the market was over $1 billion and is forecast to exceed $1.5 billion in 2009, according to a new ARC Advisory Group study.

From the demand-side perspective, manufacturers are leveraging an intelligent safety strategy as a competitive advantage rather than a cost burden. Sal Spada, ARC’s director of research and the principal author of "Machine Safeguarding Solutions Outlook, said, “This paradigm shift on the demand side is a key contributor to the acceleration of the revenue growth of the overall market.”

The Safety Relay, which has dominated the myriad of safety solutions in the wide breadth of vertical machinery sectors, has come under strong attack from several directions, he says. Alternative architectures and integrated solutions, which include Safety PLC, configurable safety relays, and Safe Motion, are all competing for a share of the safety relay market. The analysis contained in the outlook report discusses the impact that each of these technologies has on each sub-sector.

The global market for machine safeguarding solutions remains highly fragmented overall, consisting of a diverse mix of suppliers with generally one area of specialization, the report says. Machine safeguarding has traditionally been a component business rather than a solutions or systems business. However, the market is now reshaping the supply side, as a new set of players is challenging the historically strong brands. Long-standing safety-component suppliers are being blind-sided by new technologies, acquisitions, and partnerships. In effect, the supply side is re-orienting to service the emerging requirements of the demand side, which includes manufacturing users and machine builders, the report says.

— Richard Phelps, senior editor, Control Engineering
richard.phelps@reedbusiness.com





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Integrated mobility; Artificial intelligence; Predictive motion control; Sensors and control system inputs; Asset Management; Cybersecurity
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me