Machine guard fences are designed to safely isolate people, equipment and/or property from injury or loss. Since moving machine parts can pose a hazard to workers, it is critical for industrial machines to install guards to prevent injuries during operation, and machine guard fencing is also an economical solution to industrial safety needs. While all safety fences are designed to perform the same basic task of protecting people from potential harm, there are different types of fences for different applications.
Market Analysis and Insights: Global Machine Guard Fencing Market
Due to the COVID-19 pandemic, the global Machine Guard Fencing market size is estimated to be worth US$ 704 million in 2022 and is forecast to a readjusted size of US$ 837.7 million by 2028 with a CAGR of 2.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Height: below 1500 mm accounting for % of the Machine Guard Fencing global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Industrial Machinery segment is altered to an % CAGR throughout this forecast period.
Main manufacturers of machine guard fencing are concentrated in Europe, the United States and China, including Troax, Axelent Group and Wirecrafters, etc. In terms of product types, Height between 1500 and 2500mm holds a share about 50%. In terms of application, Industrial Machinery occupied a share about 75%.
Global Machine Guard Fencing Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Machine Guard Fencing Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Height and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Height
Height: below 1500 mm
Height: 1500-2500 mm
Height: Above 2500 mm
Segment by Application
Industrial Machinery
Electrical Equipment
Others
By Company
Troax
Axelent Group
Wirecrafters
Bruhl
Garantell
Rite-Hite
GSM GmbH
Ningbo Vichnet Technology
SpaceGuard
Modular Assembly Technology
Cogan Wire and Metal Products Ltd.
Dalian Yika Safe Systems
Tiemann
Ningbo Xianfu Metal Products
Access srl
Shandong Jinmei Anfang Equipment
Qingdao Korfel
Anping Texin Jinshu Siwang
Hunan Tero Protection
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia