Machine safeguarding gains

The North American market for machine automatic safeguarding products is gaining ground on Europe, according to a recent market study by Venture Development Corp. The compounded annual growth rate from 2004–2007 for Europe is projected to be 7.4%, while the CAGR for North America is projected to be 12.

03/10/2005


The North American market for machine automatic safeguarding products is gaining ground on Europe, according to a recent market study by Venture Development Corp. The compounded annual growth rate from 2004%%MDASSML%%2007 for Europe is projected to be 7.4%, while the CAGR for North America is projected to be 12.5% for the same time period.

According to VDC, factors contributing to these expected market growth rates include:

  • Cost savings due to efficiency gains

  • Prior adoption

  • Safety buses and networking

  • Safety standards and requirements.

    • The implementation of machine automatic safeguarding allows users to operate efficient high-speed machinery and equipment without fear of personal injury or equipment damage.

      Europe's machine safeguarding standards are more universally adopted than in other regions. Consequently, much of the initial wave of adoption has passed, and the expected growth rate is more in line with growth in European manufacturing. Because of the prior adoption, the learning curve of users and vendors in Europe is less steep than in North America, according to VDC.

      The creation of safety networks and buses that are based on existing open buses and networks allows users to control and monitor their safety devices over a distributed I/O network. This reduces cost and improves performance over hard-wired devices. More complexity and diagnostics will be used to provide safer, more functional machinery.

      New standards are being created in the European Union and North America, as well as a convergence in the requirements between these two regions.

      One factor tempering growth prospects, according to VDC, is the ongoing shifting of manufacturing operations outside Europe and North America. There is often less concern about machine safeguarding of equipment bought for use in other regions of the world.





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
2016 Product of the Year; Diagnose bearing failures; Asset performance management; Testing dust collector performance measures
Safety for 18 years, warehouse maintenance tips, Ethernet and the IIoT, GAMS 2016 recap
2016 Engineering Leaders Under 40; Future vision: Where is manufacturing headed?; Electrical distribution, redefined
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Safety at every angle, Big Data's impact on operations, bridging the skills gap
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Applying network redundancy; Overcoming loop tuning challenges; PID control and networks
Driving motor efficiency; Preventing arc flash in mission critical facilities; Integrating alternative power and existing electrical systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role of plant safety and offers advice on best practices.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me