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Machine Guarding Mesh Panel Market Size, Share Industry 2030

Machine Guarding Mesh Panel Market

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Segments - by Type (Height Less than 1500mm, Height Between 1500-2500mm, and Height More than 2500mm), by Material Type (Carbon Steel Mesh Panel, Stainless Steel Mesh Panel, and Aluminum Mesh Panel), by Application (Industrial Machinery, Electric Equipment, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022-2030

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4.9 Rating
232 Pages

12-02-2023
74 Reviews

Author :

Aamir Ansari

Fact-checked by :

Vineet Pandey

Editor :

Swapnil Hedau

Report Description

Machine Guarding Mesh Panel Market Outlook

The Global Machine Guarding Mesh Panel Market Size was valued at USD 1,223.0 Million in 2021 and is projected to reach USD 1,942.7 Million by 2030, expanding at a CAGR of 5.4% during the forecast period, 2022-2030. Increasing adoption of machine guarding mesh panels in the manufacturing industries to reduce accidents is expected to drive market growth during the forecast period.

Machine guarding mesh panels are the first line of defense against injuries caused by machine operation. Each machinery in the manufacturing & engineering plants must have sufficient safeguards to protect machinists and other employees in the immediate work environment from hazards produced by ingoing nip points, sparks, rotating parts, and flying debris.

Amputations are one of the most serious and debilitating types of workplace injuries, often leading to permanent disability. Machine guard mesh panels provide protection to workers and operators from injuries, while working with operating equipment or nearby hazardous areas.

Machine Guarding Mesh Panel Market Dynamics

Growing industrialization & factory automation

Increasing use of machine guarding mesh panels in manufacturing assemblies is anticipated to support the market growth during the forecast period. The impact of automation in different industries is already being observed by developing countries. In spite of technological developments, the full-scale adoption of industrial automation is expected to take time. Thus, growing focus on industrial automation is anticipated to boost the demand for machine guarding mesh panels during the forecast period.

Increasing adoption of machine guarding mesh panel in the manufacturing industries to reduce accidents

Machines pose risks of serious or even fatal injuries such as cuts, lacerations, contusions, and abrasions to the machine operators and workers in the manufacturing units. Increasing adoption of machine guarding mesh panel in the manufacturing industries to reduce accidents is expected to gain traction during the forecast period owing to growing focus on government agencies on the safety of workers in the manufacturing units.

Thus, growing need for safety around production or construction equipment is expected to drive the adoption of machine guarding mesh panels among industries during the forecast period.

Complexities associated with the product installation

Installation of machine guarding mesh panels on existing machinery poses problems associated with its complex installation. In some cases, it is not possible to install an appropriate machine guarding mesh panels on moving machinery. Immediate mesh panels are used in such situations for direct protection. However, these require careful construction and installation.

The immediate mesh panel may fail or compromised in the absence of a rigorous system of periodically checking for gaps. Such installation complexities increase costs of the installation process, which is expected to hinder the market growth during the forecast period.

Growing focus on custom manufacturing of machine guarding mesh panels

Manufacturers of machine guarding mesh panels are focusing on the development of customized products as per the customer demand. Many businesses such as electronics, robotic systems, and mechanical equipment rely on efficient, safe, and high-performance machines.

Furthermore, increasing demand for customized mesh panels from end-user industries for advanced machineries is expected to pave growth prospects for the machine guarding mesh panel market.

Scope of Machine Guarding Mesh Panel Market Report

The report on the Global Machine Guarding Mesh Panel Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Machine Guarding Mesh Panel Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast
Base Year	2021
Historic Data	2015–2021
Forecast Period	2022–2030
Segmentation	by Type (Height Less than 1500mm, Height Between 1500-2500mm, and Height More than 2500mm), by Material Type (Carbon Steel Mesh Panel, Stainless Steel Mesh Panel, and Aluminum Mesh Panel), by Application (Industrial Machinery, Electric Equipment, and Others)
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	Troax Group AB, Axelent AB, Rite-Hite, Brühl Safety GmbH, WireCrafters LLC, Husky Rack & Wire, OC-System, Garantell AB, Ningbo Vichnet Technology Co., Ltd., Spacepac Industries Pty Ltd, Others

Machine Guarding Mesh Panel Market Segment Insights

On the basis of type, the global machine guarding mesh panel market is segregated into height less than 1500mm, height between 1500-2500mm, and height more than 2500mm. The height more than 2500mm segment is projected to expand during the forecast period. High demand for mesh panel with height of more than 2500mm in industrial machinery safeguarding applications further boosts the growth of this segment.

In terms of material type, the market is segregated into carbon steel mesh panel, stainless steel mesh panel, and aluminum mesh panel. The aluminum mesh panel segment is anticipated to expand during the forecast period. Aluminum wire mesh works efficiently in many applications, due to its price, quality, and adaptability. These mesh panels are flexible, easy to shape, mold, and cut using basic hand tools, which further boost this segment.

Based on application, the global machine guarding mesh panel market is fragmented into industrial machinery, electric equipment, and others. Surging demand for presence-sensing safety devices, rising use of IoT, and increasing emphasis on industrial safety and proactive safety measures are driving this segment.

Regional Analysis

The market is projected to expand during the forecast period. This growth is attributed to the increasing focus on machine guarding and the safety of workers. Moreover, the presence of automotive, aerospace & defense, and industrial manufacturing verticals in the region is expected to pave growth prospects for machine guarding mesh panels during the forecast period.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Machine Guarding Mesh Panel Market
Historical, Current and Projected Market Size in terms of Value.
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Machine Guarding Mesh Panel Market Performance

Segments

Type

Height Less than 1500mm
Height Between 1500-2500mm
Height More than 2500mm

Material Type

Carbon Steel Mesh Panel
Stainless Steel Mesh Panel
Aluminum Mesh Panel

Application

Industrial Machinery
Electric Equipment
Others

Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Key Players

Troax Group AB
Axelent AB
Rite-Hite
Brühl Safety GmbH
WireCrafters LLC
Husky Rack & Wire
OC-System
Garantell AB
Ningbo Vichnet Technology Co., Ltd.
Spacepac Industries Pty Ltd
Others

Competitive Landscape

Top players in the machine guarding mesh panel market share include Troax Group AB, Axelent AB, Rite-Hite, Brühl Safety GmbH, WireCrafters LLC, Husky Rack & Wire, OC-System, Garantell AB, Ningbo Vichnet Technology Co., Ltd., Spacepac Industries Pty Ltd, and Others.

The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the global machine guarding mesh panel market.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Machine Guarding Mesh Panel Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Machine Guarding Mesh Panel Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Machine Guarding Mesh Panel Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Machine Guarding Mesh Panel Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Machine Guarding Mesh Panel Market Size & Forecast, 2016-2031
      4.5.1 Machine Guarding Mesh Panel Market Size and Y-o-Y Growth
      4.5.2 Machine Guarding Mesh Panel Market Absolute $ Opportunity
   4.6 Global Machine Guarding Mesh Panel Market- Technological Outlook
Chapter 5 Global Machine Guarding Mesh Panel Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Machine Guarding Mesh Panel Market Size Forecast By Type
      5.2.1 Height Less than 1500mm
      5.2.2 Height Between 1500-2500mm
      5.2.3 Height More than 2500mm
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Machine Guarding Mesh Panel Market Analysis and Forecast By Material Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Material Type
      6.1.2 Basis Point Share (BPS) Analysis By Material Type
      6.1.3 Absolute $ Opportunity Assessment By Material Type
   6.2 Machine Guarding Mesh Panel Market Size Forecast By Material Type
      6.2.1 Carbon Steel Mesh Panel
      6.2.2 Stainless Steel Mesh Panel
      6.2.3 Aluminum Mesh Panel
   6.3 Market Attractiveness Analysis By Material Type
Chapter 7 Global Machine Guarding Mesh Panel Market Analysis and Forecast By Application
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Application
      7.1.2 Basis Point Share (BPS) Analysis By Application
      7.1.3 Absolute $ Opportunity Assessment By Application
   7.2 Machine Guarding Mesh Panel Market Size Forecast By Application
      7.2.1 Industrial Machinery
      7.2.2 Electric Equipment
      7.2.3 Others
   7.3 Market Attractiveness Analysis By Application
Chapter 8 Global Machine Guarding Mesh Panel Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Machine Guarding Mesh Panel Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Machine Guarding Mesh Panel Analysis and Forecast
   10.1 Introduction
   10.2 North America Machine Guarding Mesh Panel Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Machine Guarding Mesh Panel Market Size Forecast By Type
      10.6.1 Height Less than 1500mm
      10.6.2 Height Between 1500-2500mm
      10.6.3 Height More than 2500mm
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 North America Machine Guarding Mesh Panel Market Size Forecast By Material Type
      10.10.1 Carbon Steel Mesh Panel
      10.10.2 Stainless Steel Mesh Panel
      10.10.3 Aluminum Mesh Panel
   10.11 Basis Point Share (BPS) Analysis By Material Type
   10.12 Absolute $ Opportunity Assessment By Material Type
   10.13 Market Attractiveness Analysis By Material Type
   10.14 North America Machine Guarding Mesh Panel Market Size Forecast By Application
      10.14.1 Industrial Machinery
      10.14.2 Electric Equipment
      10.14.3 Others
   10.15 Basis Point Share (BPS) Analysis By Application
   10.16 Absolute $ Opportunity Assessment By Application
   10.17 Market Attractiveness Analysis By Application
Chapter 11 Europe Machine Guarding Mesh Panel Analysis and Forecast
   11.1 Introduction
   11.2 Europe Machine Guarding Mesh Panel Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Machine Guarding Mesh Panel Market Size Forecast By Type
      11.6.1 Height Less than 1500mm
      11.6.2 Height Between 1500-2500mm
      11.6.3 Height More than 2500mm
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Europe Machine Guarding Mesh Panel Market Size Forecast By Material Type
      11.10.1 Carbon Steel Mesh Panel
      11.10.2 Stainless Steel Mesh Panel
      11.10.3 Aluminum Mesh Panel
   11.11 Basis Point Share (BPS) Analysis By Material Type
   11.12 Absolute $ Opportunity Assessment By Material Type
   11.13 Market Attractiveness Analysis By Material Type
   11.14 Europe Machine Guarding Mesh Panel Market Size Forecast By Application
      11.14.1 Industrial Machinery
      11.14.2 Electric Equipment
      11.14.3 Others
   11.15 Basis Point Share (BPS) Analysis By Application
   11.16 Absolute $ Opportunity Assessment By Application
   11.17 Market Attractiveness Analysis By Application
Chapter 12 Asia Pacific Machine Guarding Mesh Panel Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Machine Guarding Mesh Panel Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Machine Guarding Mesh Panel Market Size Forecast By Type
      12.6.1 Height Less than 1500mm
      12.6.2 Height Between 1500-2500mm
      12.6.3 Height More than 2500mm
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Asia Pacific Machine Guarding Mesh Panel Market Size Forecast By Material Type
      12.10.1 Carbon Steel Mesh Panel
      12.10.2 Stainless Steel Mesh Panel
     12.10.3 Aluminum Mesh Panel
   12.11 Basis Point Share (BPS) Analysis By Material Type
   12.12 Absolute $ Opportunity Assessment By Material Type
   12.13 Market Attractiveness Analysis By Material Type
   12.14 Asia Pacific Machine Guarding Mesh Panel Market Size Forecast By Application
      12.14.1 Industrial Machinery
      12.14.2 Electric Equipment
      12.14.3 Others
   12.15 Basis Point Share (BPS) Analysis By Application
   12.16 Absolute $ Opportunity Assessment By Application
   12.17 Market Attractiveness Analysis By Application
Chapter 13 Latin America Machine Guarding Mesh Panel Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Machine Guarding Mesh Panel Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Machine Guarding Mesh Panel Market Size Forecast By Type
      13.6.1 Height Less than 1500mm
      13.6.2 Height Between 1500-2500mm
      13.6.3 Height More than 2500mm
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Latin America Machine Guarding Mesh Panel Market Size Forecast By Material Type
      13.10.1 Carbon Steel Mesh Panel
      13.10.2 Stainless Steel Mesh Panel
      13.10.3 Aluminum Mesh Panel
   13.11 Basis Point Share (BPS) Analysis By Material Type
   13.12 Absolute $ Opportunity Assessment By Material Type
   13.13 Market Attractiveness Analysis By Material Type
   13.14 Latin America Machine Guarding Mesh Panel Market Size Forecast By Application
      13.14.1 Industrial Machinery
      13.14.2 Electric Equipment
      13.14.3 Others
   13.15 Basis Point Share (BPS) Analysis By Application
   13.16 Absolute $ Opportunity Assessment By Application
   13.17 Market Attractiveness Analysis By Application
Chapter 14 Middle East & Africa (MEA) Machine Guarding Mesh Panel Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Machine Guarding Mesh Panel Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Machine Guarding Mesh Panel Market Size Forecast By Type
      14.6.1 Height Less than 1500mm
      14.6.2 Height Between 1500-2500mm
      14.6.3 Height More than 2500mm
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Middle East & Africa (MEA) Machine Guarding Mesh Panel Market Size Forecast By Material Type
      14.10.1 Carbon Steel Mesh Panel
      14.10.2 Stainless Steel Mesh Panel
      14.10.3 Aluminum Mesh Panel
   14.11 Basis Point Share (BPS) Analysis By Material Type
   14.12 Absolute $ Opportunity Assessment By Material Type
   14.13 Market Attractiveness Analysis By Material Type
   14.14 Middle East & Africa (MEA) Machine Guarding Mesh Panel Market Size Forecast By Application
      14.14.1 Industrial Machinery
      14.14.2 Electric Equipment
      14.14.3 Others
   14.15 Basis Point Share (BPS) Analysis By Application
   14.16 Absolute $ Opportunity Assessment By Application
   14.17 Market Attractiveness Analysis By Application
Chapter 15 Competition Landscape
   15.1 Machine Guarding Mesh Panel Market: Competitive Dashboard
   15.2 Global Machine Guarding Mesh Panel Market: Market Share Analysis, 2022
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Troax Group AB
      15.3.2 Axelent AB
      15.3.3 Rite-Hite
      15.3.4 Brühl Safety GmbH
      15.3.5 WireCrafters LLC
      15.3.6 Husky Rack & Wire
      15.3.7 OC-System
      15.3.8 Garantell AB
      15.3.9 Ningbo Vichnet Technology Co., Ltd.
      15.3.10 Spacepac Industries Pty Ltd

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FAQ Section

Some frequently asked questions about this report!

1. Which is the base year calculated in the global machine guarding mesh panel market report and what is analysis period?

The base year considered for the global machine guarding mesh panel market report is 2021. The complete analysis period is 2021 to 2030, wherein, 2015 to 2021 are the historic years, and the forecast is provided from 2022 to 2030.

2. What additional data analysis is available in report?

In addition to market size (in USD Million), Company Market Share (in % for base year 2021), volume, and Value have been provided in the report.

3. What is the impact of COVID-19 on the overall market during year 2019 -2020?

The market is expected to be negative in 2019 and 2020 owing to the COVID 19 pandemic is impacted the global machine guarding mesh panel market.

4. Which macroeconomic factors affect the market?

Factors such as industrialization, government regulations, demand & supply, and price of raw materials are analyzed in the final report.

5. What are the major end-users of machine guarding mesh panel driving the market growth?

The industrial machinery, electric equipment, and others are the major end-users of the Water Fountain.

6. How big will be the global machine guarding mesh panel market in 2030?

According to this Growth Market Reports report, the global machine guarding mesh panel market is likely to register a CAGR of 5.4% during the forecast period 2022-2030, with an anticipated valuation of USD 1,942.7 million by the end of 2030.

7. What are the factors driving the growth of the global machine guarding mesh panel market?

Growing industrialization & factory automation, increasing adoption of machine guarding mesh panel in the manufacturing industries to reduce accidents, and technological advancement in the machine guarding mesh panels are the factors expected to drive the market growth during forecast period.