Machine Safety Market

By Product;

Presence Sensing Safety Sensors and Safety Interlock Switches

By Industry;

Automotive, Food & Beverages, Packaging, Material Processing, Pharmaceuticals, Electronics & Semiconductors and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn717826422 Published Date: September, 2025 Updated Date: October, 2025

Machine Safety Market Overview

Machine Safety Market (USD Million)

Machine Safety Market was valued at USD 5,818.40 million in the year 2024. The size of this market is expected to increase to USD 8,923.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Machine Safety Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 5,818.40 Million
Market Size (2031)USD 8,923.53 Million
Market ConcentrationMedium
Report Pages398
5,818.40
2024
8,923.53
2031

Major Players

  • Honeywell International Inc.
  • ABB LTD.
  • Rockwell Automation, INC.
  • Mitsubishi Electric Corporation
  • Schneider Electric S.A.
  • Eaton CORP. PLC
  • Datalogic S.p.A.
  • OMRON Corporation
  • SICK AG
  • K. A. Schmersal Gmbh & CO. KG.
  • Elobau GmbH

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Machine Safety Market

Fragmented - Highly competitive market without dominant players


The M2M Platform Market is expanding as connected devices become integral to industrial and commercial operations. Nearly 72% of enterprises now deploy M2M platforms to enable smooth, automated communication between machines. This upward trend is fueled by the growth of smart systems and the rising emphasis on process efficiency.

Real-Time Data and Remote Capabilities
Around 65% of users depend on M2M solutions for real-time monitoring and remote management. These platforms enhance productivity by offering constant updates and control over remote assets, making them indispensable in logistics, manufacturing, and asset tracking environments.

Cloud-Enabled Scalability
Over 60% of implementations involve cloud-based models to support broader scalability and remote data access. M2M platforms are increasingly adopted for their ability to streamline data sharing and reduce operational complexity, while also minimizing capital investments.

Smarter Edge and AI Deployments
Approximately 55% of companies are embedding AI and edge computing into M2M systems. These capabilities allow faster insights by processing data locally and support intelligent automation strategies across critical operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Industry
    3. Market Snapshot, By Region
  4. Machine Safety Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Regulations
        2. Technological Advancements
        3. Increasing Industrial Automation
      2. Restraints
        1. High Implementation Costs
        2. Complex Integration
        3. Lack of Skilled Workforce
      3. Opportunities
        1. Emerging Markets Growth
        2. Innovation in Safety Technologies
        3. Increased Focus on Workplace Safety
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Machine Safety Market, By Product, 2021 - 2031 (USD Million)
      1. Presence Sensing Safety Sensors
      2. Safety Interlock Switches
    2. Machine Safety Market, By Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Food & Beverages
      3. Packaging
      4. Material Processing
      5. Pharmaceuticals
      6. Electronics & Semiconductors
      7. Others
    3. Machine Safety Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Schneider Electric
      2. ABB
      3. Rockwell Automation
      4. Siemens
      5. Honeywell International
      6. Emerson Electric
      7. OMRON Corporation
      8. Keyence Corporation
      9. Mitsubishi Electric
      10. SICK AG
      11. IDE
      12. Pilz GmbH & Co. KG
      13. Balluff GmbH
      14. Banner Engineering
      15. PHOENIX CONTACT
  7. Analyst Views
  8. Future Outlook of the Market