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Global Lockout Tagout Equipment Market Research Report 2025
Synopsis
The Lockout Tagout Equipment market covers Electrical Equipment Lockouts, Valve Lockouts, etc. The typical players include Master Lock, Brady, Panduit, ABUS, Honeywell, etc.
Lockout-tagout (LOTO) or lock and tag is a safety procedure which is used in industry and research settings to ensure that dangerous machines are properly shut off and not able to be started up again prior to the completion of maintenance or servicing work.
The global Lockout Tagout Equipment market was valued at US$ 248.2 million in 2023 and is anticipated to reach US$ 360.2 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
The major producers in the industry are Master Lock, Brady and Panduit, with revenue ratios of 32.71%, 24.81% and 5.24% respectively in 2019.
This report aims to provide a comprehensive presentation of the global market for Lockout Tagout Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lockout Tagout Equipment.
Report Scope
The Lockout Tagout Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lockout Tagout Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lockout Tagout Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Master Lock
Brady
Panduit
ABUS
Honeywell
Castell
ZING Green Safety Products
Beijing TEHS
Accuform Manufacturing
Value-Tech
Marst
Segment by Type
Electrical Equipment Lockouts
Valve Lockouts
Others
Segment by Application
Energy and Power
Machinery
Petrochemical
Chemical
Others
Production by Region
North America
Europe
Southeast Asia
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lockout Tagout Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lockout Tagout Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lockout Tagout Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The Lockout Tagout Equipment market covers Electrical Equipment Lockouts, Valve Lockouts, etc. The typical players include Master Lock, Brady, Panduit, ABUS, Honeywell, etc.
Lockout-tagout (LOTO) or lock and tag is a safety procedure which is used in industry and research settings to ensure that dangerous machines are properly shut off and not able to be started up again prior to the completion of maintenance or servicing work.
The global Lockout Tagout Equipment market was valued at US$ 248.2 million in 2023 and is anticipated to reach US$ 360.2 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
The major producers in the industry are Master Lock, Brady and Panduit, with revenue ratios of 32.71%, 24.81% and 5.24% respectively in 2019.
This report aims to provide a comprehensive presentation of the global market for Lockout Tagout Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lockout Tagout Equipment.
Report Scope
The Lockout Tagout Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lockout Tagout Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lockout Tagout Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Master Lock
Brady
Panduit
ABUS
Honeywell
Castell
ZING Green Safety Products
Beijing TEHS
Accuform Manufacturing
Value-Tech
Marst
Segment by Type
Electrical Equipment Lockouts
Valve Lockouts
Others
Segment by Application
Energy and Power
Machinery
Petrochemical
Chemical
Others
Production by Region
North America
Europe
Southeast Asia
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lockout Tagout Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lockout Tagout Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lockout Tagout Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Lockout Tagout Equipment Market Overview
1.1 Product Definition
1.2 Lockout Tagout Equipment Segment by Type
1.2.1 Global Lockout Tagout Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Electrical Equipment Lockouts
1.2.3 Valve Lockouts
1.2.4 Others
1.3 Lockout Tagout Equipment Segment by Application
1.3.1 Global Lockout Tagout Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Energy and Power
1.3.3 Machinery
1.3.4 Petrochemical
1.3.5 Chemical
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Lockout Tagout Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lockout Tagout Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lockout Tagout Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lockout Tagout Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lockout Tagout Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Lockout Tagout Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lockout Tagout Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lockout Tagout Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lockout Tagout Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lockout Tagout Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lockout Tagout Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Lockout Tagout Equipment, Date of Enter into This Industry
2.9 Lockout Tagout Equipment Market Competitive Situation and Trends
2.9.1 Lockout Tagout Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lockout Tagout Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lockout Tagout Equipment Production by Region
3.1 Global Lockout Tagout Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lockout Tagout Equipment Production Value by Region (2019-2030)
3.2.1 Global Lockout Tagout Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lockout Tagout Equipment by Region (2025-2030)
3.3 Global Lockout Tagout Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lockout Tagout Equipment Production by Region (2019-2030)
3.4.1 Global Lockout Tagout Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lockout Tagout Equipment by Region (2025-2030)
3.5 Global Lockout Tagout Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Lockout Tagout Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Lockout Tagout Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lockout Tagout Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 Southeast Asia Lockout Tagout Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lockout Tagout Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.5 China Lockout Tagout Equipment Production Value Estimates and Forecasts (2019-2030)
4 Lockout Tagout Equipment Consumption by Region
4.1 Global Lockout Tagout Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lockout Tagout Equipment Consumption by Region (2019-2030)
4.2.1 Global Lockout Tagout Equipment Consumption by Region (2019-2024)
4.2.2 Global Lockout Tagout Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lockout Tagout Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lockout Tagout Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lockout Tagout Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lockout Tagout Equipment Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Lockout Tagout Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lockout Tagout Equipment Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lockout Tagout Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lockout Tagout Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lockout Tagout Equipment Production by Type (2019-2030)
5.1.1 Global Lockout Tagout Equipment Production by Type (2019-2024)
5.1.2 Global Lockout Tagout Equipment Production by Type (2025-2030)
5.1.3 Global Lockout Tagout Equipment Production Market Share by Type (2019-2030)
5.2 Global Lockout Tagout Equipment Production Value by Type (2019-2030)
5.2.1 Global Lockout Tagout Equipment Production Value by Type (2019-2024)
5.2.2 Global Lockout Tagout Equipment Production Value by Type (2025-2030)
5.2.3 Global Lockout Tagout Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Lockout Tagout Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lockout Tagout Equipment Production by Application (2019-2030)
6.1.1 Global Lockout Tagout Equipment Production by Application (2019-2024)
6.1.2 Global Lockout Tagout Equipment Production by Application (2025-2030)
6.1.3 Global Lockout Tagout Equipment Production Market Share by Application (2019-2030)
6.2 Global Lockout Tagout Equipment Production Value by Application (2019-2030)
6.2.1 Global Lockout Tagout Equipment Production Value by Application (2019-2024)
6.2.2 Global Lockout Tagout Equipment Production Value by Application (2025-2030)
6.2.3 Global Lockout Tagout Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Lockout Tagout Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Master Lock
7.1.1 Master Lock Lockout Tagout Equipment Corporation Information
7.1.2 Master Lock Lockout Tagout Equipment Product Portfolio
7.1.3 Master Lock Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Master Lock Main Business and Markets Served
7.1.5 Master Lock Recent Developments/Updates
7.2 Brady
7.2.1 Brady Lockout Tagout Equipment Corporation Information
7.2.2 Brady Lockout Tagout Equipment Product Portfolio
7.2.3 Brady Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Brady Main Business and Markets Served
7.2.5 Brady Recent Developments/Updates
7.3 Panduit
7.3.1 Panduit Lockout Tagout Equipment Corporation Information
7.3.2 Panduit Lockout Tagout Equipment Product Portfolio
7.3.3 Panduit Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Panduit Main Business and Markets Served
7.3.5 Panduit Recent Developments/Updates
7.4 ABUS
7.4.1 ABUS Lockout Tagout Equipment Corporation Information
7.4.2 ABUS Lockout Tagout Equipment Product Portfolio
7.4.3 ABUS Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ABUS Main Business and Markets Served
7.4.5 ABUS Recent Developments/Updates
7.5 Honeywell
7.5.1 Honeywell Lockout Tagout Equipment Corporation Information
7.5.2 Honeywell Lockout Tagout Equipment Product Portfolio
7.5.3 Honeywell Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Honeywell Main Business and Markets Served
7.5.5 Honeywell Recent Developments/Updates
7.6 Castell
7.6.1 Castell Lockout Tagout Equipment Corporation Information
7.6.2 Castell Lockout Tagout Equipment Product Portfolio
7.6.3 Castell Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Castell Main Business and Markets Served
7.6.5 Castell Recent Developments/Updates
7.7 ZING Green Safety Products
7.7.1 ZING Green Safety Products Lockout Tagout Equipment Corporation Information
7.7.2 ZING Green Safety Products Lockout Tagout Equipment Product Portfolio
7.7.3 ZING Green Safety Products Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ZING Green Safety Products Main Business and Markets Served
7.7.5 ZING Green Safety Products Recent Developments/Updates
7.8 Beijing TEHS
7.8.1 Beijing TEHS Lockout Tagout Equipment Corporation Information
7.8.2 Beijing TEHS Lockout Tagout Equipment Product Portfolio
7.8.3 Beijing TEHS Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Beijing TEHS Main Business and Markets Served
7.7.5 Beijing TEHS Recent Developments/Updates
7.9 Accuform Manufacturing
7.9.1 Accuform Manufacturing Lockout Tagout Equipment Corporation Information
7.9.2 Accuform Manufacturing Lockout Tagout Equipment Product Portfolio
7.9.3 Accuform Manufacturing Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Accuform Manufacturing Main Business and Markets Served
7.9.5 Accuform Manufacturing Recent Developments/Updates
7.10 Value-Tech
7.10.1 Value-Tech Lockout Tagout Equipment Corporation Information
7.10.2 Value-Tech Lockout Tagout Equipment Product Portfolio
7.10.3 Value-Tech Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Value-Tech Main Business and Markets Served
7.10.5 Value-Tech Recent Developments/Updates
7.11 Marst
7.11.1 Marst Lockout Tagout Equipment Corporation Information
7.11.2 Marst Lockout Tagout Equipment Product Portfolio
7.11.3 Marst Lockout Tagout Equipment Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Marst Main Business and Markets Served
7.11.5 Marst Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lockout Tagout Equipment Industry Chain Analysis
8.2 Lockout Tagout Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lockout Tagout Equipment Production Mode & Process
8.4 Lockout Tagout Equipment Sales and Marketing
8.4.1 Lockout Tagout Equipment Sales Channels
8.4.2 Lockout Tagout Equipment Distributors
8.5 Lockout Tagout Equipment Customers
9 Lockout Tagout Equipment Market Dynamics
9.1 Lockout Tagout Equipment Industry Trends
9.2 Lockout Tagout Equipment Market Drivers
9.3 Lockout Tagout Equipment Market Challenges
9.4 Lockout Tagout Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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