Safety Programmable Controllers Market in North America by Type and Geography - Forecast and Analysis 2022-2026

The safety programmable controllers market share in North America is expected to increase by USD 532.66 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.07%.

This safety programmable controllers market in North America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers safety programmable controllers market in North America segmentations by type (modular and compact) and geography (US, Canada, and Mexico). The safety programmable controllers market in North America report also offers information on several market vendors, including ABB Ltd., IDEC Corp., Leuze electronic GmbH + Co. KG, Mitsubishi Electric Corp., OMRON Corp., Pilz GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, SICK AG, and Siemens AG among others.

What will the Safety Programmable Controllers Market Size in North America be During the Forecast Period?

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Safety Programmable Controllers Market in North America: Key Drivers, Trends, and Challenges

The rapid globalization of industries is notably driving the safety programmable controllers market growth in North America, although factors such as shortage of skilled labor to maintain and operate automation systems may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the safety programmable controllers industry in North America. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Safety Programmable Controllers Market Driver in North America

The rapid globalization of industries is one of the key drivers supporting the safety programmable controllers market growth in North America. Companies are increasingly adopting and upgrading their manufacturing facilities with advanced technologies to improve operational efficiency, protect machine and personnel safety, and gain a competitive advantage to thrive in these markets. In addition, the rapid growth of various industries, including oil and gas, automotive, chemicals, and food and beverage, in developing economies such as India and Indonesia are attracting developed economies to invest in these countries. The development of industrial infrastructure requires advanced technologies and machinery for smooth functioning. Hence, the adoption of safety programmable controllers in the mentioned industries is expected to increase, which, in turn, will drive the growth of the market during the forecast period.

Key Safety Programmable Controllers Market Trend in North America

The growing investments in smart factories is one of the key trends contributing to the safety programmable controllers market growth in North America. Manufacturers are adopting smart factories to improve the efficiency and productivity of factories, enhance personnel and machinery safety, and enable their operation with innovative technologies. For instance, in January 2019, Altizon Systems announced a partnership with AXISCADES to help customers from the aerospace, automotive, and heavy engineering industries build the factories of the future through their combined smart manufacturing and digital transformation offerings. The emergence of smart factories is anticipated to increase the need for safety programmable controllers during the forecast period. Thus, the need to efficiently connect devices or machines to maintain safety within various industrial processes is expected to drive the growth of the market during the forecast period.

Key Safety Programmable Controllers Market Challenge in North America

The shortage of skilled labor to maintain and operate automation systems is one of the factors hindering the safety programmable controllers market growth in North America. While there are automation experts and people with end-user experience, the pool of people with these skills is declining. The decline in the number of skilled experts is a major challenge for the adoption of safety programmable controllers, especially in developing countries such as India and Brazil. Multinational automation manufacturers are addressing this issue by providing training to operators who can cater specifically to end-user requirements. They also tie up with universities and offer training courses. The shortage of safety controller specialists necessitates a creative development team with end-users, suppliers, and specialty safety engineering companies. Thus, this challenge will slightly impact the market during the forecast period.

This safety programmable controllers market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the safety programmable controllers market in North America as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the safety programmable controllers market in North America during the forecast period.

Who are the Major Safety Programmable Controllers Market Vendors in North America?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• ABB Ltd.
• IDEC Corp.
• Leuze electronic GmbH + Co. KG
• Mitsubishi Electric Corp.
• OMRON Corp.
• Pilz GmbH and Co. KG
• Rockwell Automation Inc.
• Schneider Electric SE
• SICK AG
• Siemens AG

This statistical study of the safety programmable controllers market in North America encompasses successful business strategies deployed by the key vendors. The safety programmable controllers market in North America is fragmented and the vendors are deploying growth strategies such as price, quality, brand identity, technology, and distribution to compete in the market.

Product Insights and News

• IDEC Corp. - The company offers safety programmable controllers that includes safety laser scanner, light curtains, interlock switches, e-stop switches, enabling and grip switches, safety relay modules, safety controllers.
• Leuze electronic GmbH + Co. KG - The company offers safety programmable controllers that includes switching sensors, optical sensors, inductive switches, capacitive sensors, ultrasonic sensors, measuring sensors, optical distance sensors, safe locking devices and switches, safe control components, machine safety services, bar code identification, smart cameras, industrial ip camera.
• Mitsubishi Electric Corp. - The company offers safety programmable controllers that includes edge computing products, industrial computer melipc, edge computing software, controllers, programmable controllers melsec, simple application controllers, motion controllers, computerized numerical controllers, data logging analyzer-melqic, fa sensor.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The safety programmable controllers market in North America forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Safety Programmable Controllers Market in North America Value Chain Analysis

Our report provides extensive information on the value chain analysis for the safety programmable controllers market in North America, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the industrial machinery market  includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Aftermarket and service 
• Industry innovations

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Safety Programmable Controllers Market in North America?

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71% of the market's growth will originate from the US during the forecast period. The US is the key market for safety programmable controllers market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The reshoring of manufacturing activities will facilitate the safety programmable controllers market growth in the US over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the safety programmable controllers market in the US witnessed certain challenges due to the outbreak of COVID-19. Moreover, the growth of the market is based on the increased government funding in various end-user industries such as mining, oil and gas, power, water and wastewater, and automotive, which, in turn, is anticipated to propel the demand for safety programmable controllers during the forecast period. 

What are the Revenue-generating Type Segments in the Safety Programmable Controllers Market in North America?

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The safety programmable controllers market share growth in North America by the modular segment will be significant during the forecast period. Modular safety programmable controllers provide flexibility to add more than one system, which makes the module multi-functional. They can be arranged in cabinets or be rail-mounted for safety and security. These are larger in size and expensive when compared with compact controllers. These are majorly used in applications where many inputs and outputs are required, such as process control in the manufacturing industry to control process lines. Such applications are anticipated to drive the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the safety programmable controllers market size in North America and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Safety Programmable Controllers Market in North America Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive safety programmable controllers market growth in North America during the next five years
• Precise estimation of the safety programmable controllers market size in North America and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the safety programmable controllers industry in North America across the US, Canada, and Mexico
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of safety programmable controllers market vendors in North America 

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