New industrial safety standards drive component revenue growth in 2011

The world discrete machine safety component market, valued at $1.8 billion in 2010, underwent a significant change at the end of 2011 as EN 954-1 ceased to be harmonised under the European machinery directive.

07/12/2012


http://www.imsresearch.comIMS Research (recently acquired by IHS Inc.) has recently published a study estimating that world discrete machine safety component revenues grew by 17.5% in 2011, exceeding $2 billion. A continuing strong recovery from the 2009 recession and updates to international and European machine safety standards were amongst the main growth drivers.

The world discrete machine safety component market, valued at $1.8 billion in 2010, underwent a significant change at the end of 2011 as EN 954-1 ceased to be harmonised under the European machinery directive. The natural successors, EN ISO 13849-1 and -2, along with EN (IEC) 62061, use different systems of assessment and therefore many machines required re-certification in order to comply. The flurry of media coverage during 2011 and a rise in supplier promotion resulted in a significant boost to component revenues.

“This succession of standards in the EU is expected to have a wide impact,” commented Mark Watson, Industrial Automation Research Manager. “Any machinery sold into the EU has to meet the new standards, which means that machine builders in North America, Western Europe and Japan are upgrading in order to sell into the market. Countries with developing manufacturing industries, including Brazil, China and India, are also beginning to adopt these new standards.  This is partly due to multinational companies implementing common safety standards across global manufacturing sites.”

Growth in 2011 was mainly driven by the established discrete machine safety component markets in EMEA and the Americas. EMEA revenues were estimated to account for over half of the world total, having grown by 18% in 2011. Americas revenues grew 22% to just over $0.5 billion in 2011. In Asia Pacific, discrete machine safety is yet to become fully established. Revenue growth was estimated at 11% in 2011, but this regional market is expected to have much stronger growth in the future.

“As acceptance of international standards increases in Asia Pacific, safety component revenues will begin to grow more rapidly,” continued Watson. “In fact, Asia Pacific revenues are forecast to surpass those from the Americas in 2014 as the Chinese and the Indian markets become more established.”

The EMEA region is currently the heart of the discrete machine safety component market and supplier base.  Machine builders and safety component vendors in EMEA will drive propagation of standards into other regional markets. The standards that are harmonized under the EU machinery directive are constantly updated in order to keep pace with the latest technology advances and movements in the market. The process of updates is steady, but will help to drive world discrete machine safety component revenues, which are projected to grow at about 10% per year to 2016. 



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.
Controller programming; Safety networks; Enclosure design; Power quality; Safety integrity levels; Increasing process efficiency
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
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