Machine Guarding Mesh Panel Market Size, Share Industry 2030
Machine Guarding Mesh Panel Market Size, Share Industry 2030
Segments - Machine Guarding Mesh Panel Market 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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| Report ID :EP-5256
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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.
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Attributes |
Details |
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Report Title |
Machine Guarding Mesh Panel Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast |
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Base Year |
2021 |
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Historic Data |
2015–2021 |
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Forecast Period |
2022–2030 |
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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) |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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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.
Frequently Asked Questions
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.
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.
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.
Factors such as industrialization, government regulations, demand & supply, and price of raw materials are analyzed in the final report.
The industrial machinery, electric equipment, and others are the major end-users of the Water Fountain.
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.
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.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
Additional company profiles can be provided on request
Table Of Content
Chapter 1 Executive SummaryChapter 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
Methodology
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