Asia Pacific 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 Asia Pacific Machine Risk Assessment Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).

Incorporating ML and AI algorithms into procedures used by machines to assess risk is one noteworthy advancement that enables more precise and effective assessments. Moreover, interactive training programs that replicate machine dangers and boost safety are developed using augmented reality (AR) technology. The flexibility and scalability of cloud-based solutions are causing them to gain in popularity. In addition, the widespread adoption of predictive maintenance methods lowers the risk of accidents and reduces the likelihood of machine failure.

Finally, remote and virtual machine risk assessments are increasingly popular because they enable evaluations without requiring physical access to the machines, lower the chance of accidents while conducting assessments, and conserve time and money. Over time, there has been a significant evolution in both technology and the industrial sector. Manufacturers decide to implement machines in their processes to boost productivity and enhance the quality of their goods and services.

Human activities and survival have been supported by machines. Most industries aim for complete automation to reduce operations' time and cost. Every day, technology advances, making it smarter and more adept. As a result, more factories prefer machines. This is positive given that there have been more gains due to the emergence of the machine, which in turn, positively impacts the growth of the machine risk assessment systems positively.

Work-related accidents are thought to be responsible for at least 1.2 million deaths throughout the Asia Pacific. Although things have generally changed over the past 20 years, structural issues still exist. The nature of workplace accidents has evolved, with machines becoming bigger and faster and injuries becoming severe. Fewer accidents occur in heavy industry nowadays (such as the coal or steel industries). Still, there is a trend towards an increase in accidents in the service sector and the internet and platform economy. Additionally, in this region, most workplace accidents are caused by poor safety measures taken by accountable businesses, such as inadequate training or oversight. As a result, in the coming years, the regional market will expand rapidly.

The China market dominated the Asia Pacific Machine Risk Assessment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $637.4 million by 2028. The Japan market is estimated to grow a CAGR of 5.7% during (2022 - 2028). Additionally, The India market would experience a CAGR of 7.2% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

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 Asia Pacific Machine Risk Assessment Market, by Enterprise Size
- 1.4.2 Asia Pacific Machine Risk Assessment Market, by Type
- 1.4.3 Asia Pacific Machine Risk Assessment Market, by Vertical
- 1.4.4 Asia Pacific 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. Asia Pacific Machine Risk Assessment Market by Enterprise Size

4.1 Asia Pacific Large Enterprises Market by Country
4.2 Asia Pacific SMEs Market by Country

Chapter 5. Asia Pacific Machine Risk Assessment Market by Type

5.1 Asia Pacific Equipment-Based Market by Country
5.2 Asia Pacific Task-Based Market by Country

Chapter 6. Asia Pacific Machine Risk Assessment Market by Vertical

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

Chapter 7. Asia Pacific Machine Risk Assessment Market by Country

7.1 China Machine Risk Assessment Market
- 7.1.1 China Machine Risk Assessment Market by Enterprise Size
- 7.1.2 China Machine Risk Assessment Market by Type
- 7.1.3 China Machine Risk Assessment Market by Vertical
7.2 Japan Machine Risk Assessment Market
- 7.2.1 Japan Machine Risk Assessment Market by Enterprise Size
- 7.2.2 Japan Machine Risk Assessment Market by Type
- 7.2.3 Japan Machine Risk Assessment Market by Vertical
7.3 India Machine Risk Assessment Market
- 7.3.1 India Machine Risk Assessment Market by Enterprise Size
- 7.3.2 India Machine Risk Assessment Market by Type
- 7.3.3 India Machine Risk Assessment Market by Vertical
7.4 South Korea Machine Risk Assessment Market
- 7.4.1 South Korea Machine Risk Assessment Market by Enterprise Size
- 7.4.2 South Korea Machine Risk Assessment Market by Type
- 7.4.3 South Korea Machine Risk Assessment Market by Vertical
7.5 Singapore Machine Risk Assessment Market
- 7.5.1 Singapore Machine Risk Assessment Market by Enterprise Size
- 7.5.2 Singapore Machine Risk Assessment Market by Type
- 7.5.3 Singapore Machine Risk Assessment Market by Vertical
7.6 Malaysia Machine Risk Assessment Market
- 7.6.1 Malaysia Machine Risk Assessment Market by Enterprise Size
- 7.6.2 Malaysia Machine Risk Assessment Market by Type
- 7.6.3 Malaysia Machine Risk Assessment Market by Vertical
7.7 Rest of Asia Pacific Machine Risk Assessment Market
- 7.7.1 Rest of Asia Pacific Machine Risk Assessment Market by Enterprise Size
- 7.7.2 Rest of Asia Pacific Machine Risk Assessment Market by Type
- 7.7.3 Rest of Asia Pacific 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 Asia Pacific Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific SMEs Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific SMEs Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Equipment-Based Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Equipment-Based Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Task-Based Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Task-Based Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Medical Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Medical Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Machine Risk Assessment Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Machine Risk Assessment Market by Country, 2022 - 2028, USD Million
TABLE 34 China Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 35 China Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 36 China Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 37 China Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 38 China Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 39 China Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 40 China Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 41 China Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 42 Japan Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 43 Japan Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 44 Japan Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 45 Japan Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 46 Japan Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 47 Japan Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 48 Japan Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 49 Japan Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 50 India Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 51 India Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 52 India Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 53 India Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 54 India Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 55 India Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 56 India Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 57 India Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 58 South Korea Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 59 South Korea Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 60 South Korea Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 61 South Korea Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 62 South Korea Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 63 South Korea Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 64 South Korea Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 65 South Korea Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 66 Singapore Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 67 Singapore Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 68 Singapore Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 69 Singapore Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 70 Singapore Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 71 Singapore Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 72 Singapore Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 73 Singapore Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 74 Malaysia Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 75 Malaysia Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 76 Malaysia Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 77 Malaysia Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 78 Malaysia Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 79 Malaysia Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 80 Malaysia Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 81 Malaysia Machine Risk Assessment Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Rest of Asia Pacific Machine Risk Assessment Market, 2018 - 2021, USD Million
TABLE 83 Rest of Asia Pacific Machine Risk Assessment Market, 2022 - 2028, USD Million
TABLE 84 Rest of Asia Pacific Machine Risk Assessment Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 85 Rest of Asia Pacific Machine Risk Assessment Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 86 Rest of Asia Pacific Machine Risk Assessment Market by Type, 2018 - 2021, USD Million
TABLE 87 Rest of Asia Pacific Machine Risk Assessment Market by Type, 2022 - 2028, USD Million
TABLE 88 Rest of Asia Pacific Machine Risk Assessment Market by Vertical, 2018 - 2021, USD Million
TABLE 89 Rest of Asia Pacific 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

Asia Pacific 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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