Global Machine Safety Market to Top $4 Billion by 2018

October 1, 2013

DALLAS—The global market for presence-sensing sensors, emergency stop controls, interlocks, relays, and other machine safety products is expected to reach nearly $4.2 billion by 2018, growing at a annual rate of 9 percent. MORE

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Supply Chain

The coronavirus epidemic has begun to disrupt the global manufacturing supply chain for a number of OEMs, including Airbus, Hyundai and Tesla. How resilient is your supply chain network?

Moderately resilient: We have good visibility to the supply network. It’s hard to justify investments to modify our supply chain footprint. We focus more on managing disruptions once they occur.

Highly resilient: We have good visibility to the supply network. We view flexibility and resilience as necessary investments. We can shift sourcing, manufacturing or distribution within our network fairly rapidly.

Not resilient: We are dependent on our existing sourcing, manufacturing and distribution footprint. We must find other ways to compensate for changing conditions. We have yet to invest in analytics to support network decision making.

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