Machine Safety Growth Eyed

Thursday, January 24, 2013 @ 02:01 PM gHale


With tougher more stringent safety requirements coming across the globe, there should be a bigger demand for machine safety solutions over the next several years, a new report said.

In addition, emerging countries are beginning to understand the importance of machine safety for competitive advantage and have begun adopting better practices in their manufacturing sectors, according a survey by Frost & Sullivan, entitled “Strategic Analysis of Global Machine Safety Market.”

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The global machine safety market earned over $1.27 billion in 2011 and will reach $1.75 billion by 2016, according to the Frost & Sullivan report.

“Safety systems monitor health of plant equipment to reduce its exposure to damage and lengthen its lifecycle,” said Anna Mazurek, research analyst for Frost & Sullivan. “In addition, they decrease the probability of work-related injuries, allowing machine operators to work more efficiently.”

New safety regulations create safer working environments for employees while also creating more business opportunities for machine safety vendors and its end users.

The simple fact is the more machine safety there is, it means workers and processes keep working, which means increased uptime and producing more product.

As a result of the economic downturn over the past few years, manufacturers paid closer attention to operating and maintenance costs. When that happened, it led to a lack of investments in certain areas of plant operation, such as machine safety.

Developing countries that view machine safety as non-critical do not adequately execute safety policies, which has lead to lower sales and slower technology development. That all adds up to a smaller bottom line.

“To drive adoption, suppliers need to educate potential customers on the full range of safety benefits offered through the advancements in plant networking devices and control systems,” Mazurek said. “To optimize their investment, end users must know how to assess the risk of injury and opt for solutions that can address those specific needs.”



2 Responses to “Machine Safety Growth Eyed”

  1. ramiszaro says:

    Machine safety is almost an important thing in maintaining the industrial products in order to upgrade their level in industrial services

  2. ramiszaro says:

    Machine safety is almost an important thing in maintaining the industrial products in order to upgrade their level in industrial services


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