| Product Code: ETC4584260 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Hungary`s import trend for the machine safety market showed a decline with a growth rate of -3.09% from 2023 to 2024. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 0.86%. This negative momentum in imports could be attributed to shifting demand patterns or changes in market dynamics affecting trade flows.
The machine safety market in Hungary is driven by stringent regulations and safety standards across industries to ensure worker safety and compliance. Machine safety systems such as safety sensors, interlocks, and programmable safety controllers are essential for preventing accidents and injuries in industrial environments. With the emphasis on workplace safety and risk mitigation, the demand for machine safety solutions is expected to remain robust.
Ensuring workplace safety and compliance with regulations is a priority for businesses in Hungary, driving the demand for machine safety solutions. Safety components such as safety switches, interlocks, and guarding systems are essential for protecting workers and equipment in industrial environments, contributing to market growth.
In the Hungary Machine Safety Market, ensuring compliance with stringent safety standards and regulations, such as ISO 13849 and EN 62061, presents a significant challenge for manufacturers and system integrators. As industries prioritize worker safety and risk mitigation, demand for safety-certified components and systems continues to rise. However, navigating the complex landscape of safety standards and ensuring consistent compliance across different markets require significant investments in testing and certification processes.
In Hungary, government policies related to the machine safety market focus on occupational health and safety regulations, product certification requirements, and industry standards compliance. The government mandates safety assessments for machinery and equipment, promotes the use of safety guards and interlocks, and provides training on risk assessment and accident prevention.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Machine Safety Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Machine Safety Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Machine Safety Market - Industry Life Cycle |
3.4 Hungary Machine Safety Market - Porter's Five Forces |
3.5 Hungary Machine Safety Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Hungary Machine Safety Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hungary Machine Safety Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent government regulations regarding workplace safety |
4.2.2 Increasing focus on reducing workplace accidents and injuries |
4.2.3 Growing awareness among industries about the importance of machine safety |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing machine safety measures |
4.3.2 Lack of skilled workforce to effectively manage and maintain machine safety systems |
5 Hungary Machine Safety Market Trends |
6 Hungary Machine Safety Market, By Types |
6.1 Hungary Machine Safety Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Hungary Machine Safety Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Hungary Machine Safety Market Revenues & Volume, By Presence Sensing Safety Sensors, 2021-2031F |
6.1.4 Hungary Machine Safety Market Revenues & Volume, By Safety PLCs, 2021-2031F |
6.1.5 Hungary Machine Safety Market Revenues & Volume, By Safety Modules/Controllers/Relays, 2021-2031F |
6.2 Hungary Machine Safety Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary Machine Safety Market Revenues & Volume, By Assembly, 2021-2031F |
6.2.3 Hungary Machine Safety Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.4 Hungary Machine Safety Market Revenues & Volume, By Robotics, 2021-2031F |
7 Hungary Machine Safety Market Import-Export Trade Statistics |
7.1 Hungary Machine Safety Market Export to Major Countries |
7.2 Hungary Machine Safety Market Imports from Major Countries |
8 Hungary Machine Safety Market Key Performance Indicators |
8.1 Number of workplace accidents and injuries reported annually |
8.2 Adoption rate of machine safety technologies and solutions by industries |
8.3 Compliance rate with machine safety regulations and standards |
8.4 Number of training programs conducted on machine safety awareness |
8.5 Rate of investment in research and development for improving machine safety technologies |
9 Hungary Machine Safety Market - Opportunity Assessment |
9.1 Hungary Machine Safety Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Hungary Machine Safety Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hungary Machine Safety Market - Competitive Landscape |
10.1 Hungary Machine Safety Market Revenue Share, By Companies, 2024 |
10.2 Hungary Machine Safety Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |