Global Machine Safeguarding Solution Market 2011-2014

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					2011-2014   Global Machine Safeguarding Solution Market




                                      technavio insights
2011-2014   Global Machine Safeguarding Solution Market




               CONTENTS


               01. Executive Summary ..............................................1

               02. Introduction ...........................................................2
               03. Market Coverage .................................................4

               04. Market Landscape ................................................5

               05. Vendor Landscape .............................................10

               06. Buying Criteria .....................................................13
               07. Market Growth Drivers ........................................14

               08. Drivers and their Impact .....................................16

               09. Market Challenges .............................................17

               10. Market Trends ......................................................19

               11. Key Vendor Analysis ...........................................21
               11.1 Siemens AG .......................................................................... 21

               11.2 Rockwell Automation Inc................................................... 23

               11.3 ABB Ltd. ................................................................................. 24

               11.4 Honeywell International Inc. .............................................. 25

               12. Other Reports in this Series .................................27




2011-2014                                        Global Machine Safeguarding Solution Market
2011-2014   Global Machine Safeguarding Solution Market




               EXHIBITS

               Exhibit 1: Global Machine Safeguarding Solution Market
                          2010–2014 (US$ million).........................................................5

               Exhibit 2: Global Machine Safeguarding Solution Market
                          by Product Segmentation 2010 ..........................................6

               Exhibit 3: Global Machine Safeguarding Solution Market
                          by Geographical Segmentation 2010 ...............................7

               Exhibit 4: Global Machine Safeguarding Solution Market
                          by Vendor Segmentation 2010 .........................................11




2011-2014                                   Global Machine Safeguarding Solution Market
Global Machine Safeguarding Solution Market                                                       1

      01. Executive Summary
                             2010: US$1,800 million
        Market Size
                             2014: US$2,685 million

        Growth Rate          10.5 percent CAGR

                             The Americas
        Key Geographies      EMEA
                             APAC

                             Automotive
        Key Customer         Machinery Manufacturing
        Segments             Food and Beverage
                             Plastic and Rubber

                             Increasing Demand from MSME (Micro, Small, and Medium
                             Scale Enterprises) Sector Sector in APAC Region
        Trends
                             Development of Intelligent Safety Devices
                             Increased Competition Forcing Reduction in Prices

                             Need for Increased Workplace Safety
                             Increased Automation of Machines
        Drivers
                             Emerging Need to Reduce Time-to-Market
                             Need for Increased Cost Savings and Productivity

                             Requirement of Large-scale Investment and Operational
                             Changes
        Challenges
                             Increasing Threat of User-Built Safeguarding Solutions
                             Need for Continuous Support and Maintenance

                             Features and Functionalities
                             Cost Effectiveness
        Key Customer Needs
                             Reliability
                             Service Support

                             Siemens AG
                             Rockwell Automation Inc.
        Key Vendors
                             ABB Ltd.
                             Honeywell International Inc.




2011-2014                                               Global Machine Safeguarding Solution Market
Global Machine Safeguarding Solution Market                                                               2

      02. Introduction
      Machine safeguarding solutions are safety devices that redu
				
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posted:3/2/2012
language:English
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Description: TechNavio’s analysts forecast the Global Machine Safeguarding Solution market to grow at a CAGR of 10.5 percent over the period 2011–2014. One of the key factors contributing to this market growth is the need for increased workplace safety. The Global Machine Safeguarding Solution market has also been witnessing increasing demand from MSME (micro, small- and medium-scale enterprises) sector. However, the need for huge capital and operational changes required to adopt machine safeguarding solutions could pose a challenge to the growth of this market. TechNavio’s report, Global Machine Safeguarding Solution Market 2011-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Machine Safeguarding Solution market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors dominating this market space include Siemens AG, Rockwell Automation Inc., ABB Ltd, and Honeywell International Inc. Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?
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