Page 13 - MetalForming-Aug-2018-issue

Safety Update
Machine-Safety Market Expected To Reach $6.58 Billion by 2025
A newly released report, Machine Safety Market by Component, Implemen- tation, Application, Industry and Region— Global Forecast to 2025, published by MarketsandMarkets, predicts robust growth for the global machine-safety mar- ket. The market is expected to grow from $4.37 billion in 2018 to $6.58 billion by 2025, at a compounded annual growth rate of 6 percent.
According to the report, growing empha- sis on industrial safety and proactive safety measures, the rising number of accidents in industries, mandatory safety standards and government policies, and increasing demand for presence-sensing safety devices are driving growth in the machine-safety market.
Emergency E-Stop Device
Balluff’s emergency E-stop device fea- tures a compact housing for simple instal- lation on various machines and equipment,
and satisfies the need for a supplementary protection measure that must always be available for any automated equipment. The switch initiates an immediate stop command and can be used for personal protection functions. It features plug-and- play functionality with Balluff’s Profisafe Safety over IO-Link hub to create a simple, flexible and modular safety solution, according to company officials.
Balluff: www.balluff.com
Die Design Courtesy of Miro Mfg.
www.metalformingmagazine.com