Europe Machine Risk Assessment Market Size, Share & Industry Trends Analysis Report By Enterprise Size, By Type, By Vertical, By Country and Growth Forecast, 2022

List of Tables

The Europe Machine Risk Assessment Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).

The governments of the several European nations are taking proactive steps to prevent mishaps by enacting process and personnel safety regulations and putting certified equipment, such as explosion-proof sensors, actuators, and switches, in dangerous places. Artificial intelligence (AI), predictive analytics, and machine learning (ML) are examples of advanced technologies that enable more precise and effective machine risk assessments. These technologies can analyze vast volumes of data and spot patterns that humans would miss.

In addition, the ability to monitor equipment in real-time is made possible by technologies such as sensors and the internet of things (IoT). As a result, machine hazards may be continuously assessed, making it possible to see potential problems early and take immediate action to stop accidents. In addition, using digital twins and virtual simulations allows for identifying potential dangers in various scenarios. This can assist in determining the dangers associated with current machines as well as in constructing safer machines and processes.

The EU Machinery Directive mandates the completion and written documentation of the Risk Assessment. A machine needs to bear the CE mark to be sold in Europe and to comply with the legislation. The manufacturer may self-certify and provide the CE declaration instead of a government agency or other recognized entity issuing this mark for machines. In this region, a Risk Assessment needs to be completed, among other things, to be legally compliant. All items covered by the EC Machinery Directive must undergo a Risk Assessment. All goods with at least one shifting part driven by something (other than directly by a human or an animal) or intended to be driven by something fall into this category. This will expedite the market's growth in the coming years.

The Germany market dominated the Europe Machine Risk Assessment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $542.5 million by 2028. The UK market is anticipated to grow at a CAGR of 4.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.4% during (2022 - 2028).

Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Type, the market is segmented into Equipment-Based and Task-Based. Based on Vertical, the market is segmented into Industrial, Consumer Electronics, Food & Beverages, Medical, Automotive and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Keyence Corporation, Omron Corporation, Sick AG, Rockwell Automation, Inc., Stantec, Inc., TUV Nord Group, Rockford Systems, LLC, UL LLC, Advanced Technology Services, Inc./ATS (WestView Capital Partners) and Pilz GmbH & Co. KG.

Scope of the Study

Market Segments covered in the Report:

By Enterprise Size

Large Enterprises
SMEs

By Type

Equipment-Based
Task-Based

By Vertical

Industrial
Consumer Electronics
Food & Beverages
Medical
Automotive
Others

By Country

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Companies Profiled

Keyence Corporation
Omron Corporation
Sick AG
Rockwell Automation, Inc.
Stantec, Inc.
TUV Nord Group
Rockford Systems, LLC
UL LLC
Advanced Technology Services, Inc./ATS (WestView Capital Partners)
Pilz GmbH & Co. KG

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Machine Risk Assessment Market, by Enterprise Size
- 1.4.2 Europe Machine Risk Assessment Market, by Type
- 1.4.3 Europe Machine Risk Assessment Market, by Vertical
- 1.4.4 Europe Machine Risk Assessment Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview

2.1 Introduction
- 2.1.1 Overview
  - 2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)

Chapter 4. Europe Machine Risk Assessment Market by Enterprise Size

4.1 Europe Large Enterprises Market by Country
4.2 Europe SMEs Market by Country

Chapter 5. Europe Machine Risk Assessment Market by Type

5.1 Europe Equipment-Based Market by Country
5.2 Europe Task-Based Market by Country

Chapter 6. Europe Machine Risk Assessment Market by Vertical

6.1 Europe Industrial Market by Country
6.2 Europe Consumer Electronics Market by Country
6.3 Europe Food & Beverages Market by Country
6.4 Europe Medical Market by Country
6.5 Europe Automotive Market by Country
6.6 Europe Others Market by Country

Chapter 7. Europe Machine Risk Assessment Market by Country

7.1 Germany Machine Risk Assessment Market
- 7.1.1 Germany Machine Risk Assessment Market by Enterprise Size
- 7.1.2 Germany Machine Risk Assessment Market by Type
- 7.1.3 Germany Machine Risk Assessment Market by Vertical
7.2 UK Machine Risk Assessment Market
- 7.2.1 UK Machine Risk Assessment Market by Enterprise Size
- 7.2.2 UK Machine Risk Assessment Market by Type
- 7.2.3 UK Machine Risk Assessment Market by Vertical
7.3 France Machine Risk Assessment Market
- 7.3.1 France Machine Risk Assessment Market by Enterprise Size
- 7.3.2 France Machine Risk Assessment Market by Type
- 7.3.3 France Machine Risk Assessment Market by Vertical
7.4 Russia Machine Risk Assessment Market
- 7.4.1 Russia Machine Risk Assessment Market by Enterprise Size
- 7.4.2 Russia Machine Risk Assessment Market by Type
- 7.4.3 Russia Machine Risk Assessment Market by Vertical
7.5 Spain Machine Risk Assessment Market
- 7.5.1 Spain Machine Risk Assessment Market by Enterprise Size
- 7.5.2 Spain Machine Risk Assessment Market by Type
- 7.5.3 Spain Machine Risk Assessment Market by Vertical
7.6 Italy Machine Risk Assessment Market
- 7.6.1 Italy Machine Risk Assessment Market by Enterprise Size
- 7.6.2 Italy Machine Risk Assessment Market by Type
- 7.6.3 Italy Machine Risk Assessment Market by Vertical
7.7 Rest of Europe Machine Risk Assessment Market
- 7.7.1 Rest of Europe Machine Risk Assessment Market by Enterprise Size
- 7.7.2 Rest of Europe Machine Risk Assessment Market by Type
- 7.7.3 Rest of Europe Machine Risk Assessment Market by Vertical

Chapter 8. Company Profiles

8.1 Keyence Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
  - 8.1.5.1 Product Launches and Product Expansions:
- 8.1.6 SWOT Analysis
8.2 Omron Corporation
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
  - 8.2.5.1 Partnerships, Collaborations, and Agreements:
  - 8.2.5.2 Acquisition and Mergers:
  - 8.2.5.3 Product Launches and Product Expansions:
- 8.2.6 SWOT Analysis
8.3 Sick AG
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 SWOT Analysis
8.4 Rockwell Automation, Inc.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 Recent strategies and developments:
  - 8.4.5.1 Partnerships, Collaborations, and Agreements:
  - 8.4.5.2 Acquisition and Mergers:
  - 8.4.5.3 Product Launches and Product Expansions:
8.5 Stantec, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
8.6 TUV Nord Group
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
8.7 Rockford Systems, LLC
- 8.7.1 Company Overview
- 8.7.2 Recent strategies and developments:
  - 8.7.2.1 Partnerships, Collaborations, and Agreements:
  - 8.7.2.2 Product Launches and Product Expansions:
8.8 UL LLC
- 8.8.1 Company Overview
- 8.8.2 Recent strategies and developments:
  - 8.8.2.1 Product Launches and Product Expansions:
  - 8.8.2.2 Acquisition and Mergers:
8.9 Advanced Technology Services, Inc./ATS (WestView Capital Partners)
- 8.9.1 Company Overview
8.10. Pilz GmbH & Co. KG
- 8.10.1 Company Overview

LIST OF TABLES

TABLE 1 Europe Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 2 Europe Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Machine Risk Assessment Market
TABLE 4 Product Launches And Product Expansions- Machine Risk Assessment Market
TABLE 5 Acquisition and Mergers- Machine Risk Assessment Market
TABLE 6 Europe Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 7 Europe Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 8 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 13 Europe Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 14 Europe Equipment-Based Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Equipment-Based Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Task-Based Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Task-Based Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 19 Europe Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 20 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Medical Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Medical Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Automotive Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Automotive Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Machine Risk Assessment Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Machine Risk Assessment Market by Country, 2022 - 2028, USD Million
TABLE 34 Germany Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 35 Germany Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 36 Germany Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 37 Germany Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 38 Germany Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 39 Germany Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 40 Germany Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 41 Germany Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 42 UK Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 43 UK Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 44 UK Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 45 UK Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 46 UK Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 47 UK Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 48 UK Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 49 UK Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 50 France Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 51 France Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 52 France Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 53 France Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 54 France Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 55 France Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 56 France Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 57 France Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 58 Russia Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 59 Russia Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 60 Russia Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 61 Russia Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 62 Russia Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 63 Russia Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 64 Russia Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 65 Russia Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 66 Spain Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 67 Spain Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 68 Spain Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 69 Spain Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 70 Spain Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 71 Spain Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 72 Spain Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 73 Spain Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 74 Italy Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 75 Italy Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 76 Italy Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 77 Italy Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 78 Italy Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 79 Italy Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 80 Italy Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 81 Italy Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Rest of Europe Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 83 Rest of Europe Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 84 Rest of Europe Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 85 Rest of Europe Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 86 Rest of Europe Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 87 Rest of Europe Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 88 Rest of Europe Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 89 Rest of Europe Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 90 key information - Keyence Corporation
TABLE 91 Key Information - Omron Corporation
TABLE 92 Key Information - Sick AG
TABLE 93 Key information - Rockwell Automation, Inc.
TABLE 94 Key Information - Stantec, Inc.
TABLE 95 Key Information - TUV NORD GROUP
TABLE 96 Key Information - Rockford Systems, LLC
TABLE 97 Key Information - UL LLC
TABLE 98 Key Information - Advanced Technology Services, Inc./ATS
TABLE 99 Key Information - Pilz GmbH & Co. KG

List of Figures

FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 SWOT Analysis: Keyence Corporation
FIG 5 Recent strategies and developments: Omron Corporation
FIG 6 SWOT Analysis: Omron Corporation
FIG 7 SWOT Analysis: Sick AG
FIG 8 Recent strategies and developments: Rockwell Automation, Inc.
FIG 9 Recent strategies and developments: Rockford Systems, llc
FIG 10 Recent strategies and developments: UL LLC

Europe Machine Risk Assessment Market Size, Share & Industry Trends Analysis Report By Enterprise Size, By Type, By Vertical, By Country and Growth Forecast, 2022 - 2028

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