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NORTH AMERICA CATCHING UP TO EUROPE IN MACHINE AUTOMATIC SAFE GUARDING IMPLEMENTATION
A new market study by Venture Development Corporation finds the North American market for machine automatic safeguarding products to be gaining ground on Europe. Factors contributing to these expected market growth rates include: Cost savings due to efficiency gains - The implementation of machine automatic safeguarding allows users to operate efficient high-speed machinery and equipment without fear of personal injury or equipment damage. Prior adoption - 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, however, the learning curve of users and vendors in Europe is less steep than in North America, leading to less resources being needed for education. Safety buses and networking - The creation of safety networks and buses 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. Safety standards and requirements - 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 is the ongoing shifting of manufacturing operations outside of Europe and North America. There is often less concern about machine safeguarding of equipment bought for use in other regions of the world.
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