Global Functional Safety Market – Industry Analysis and Forecast (2020-2027) – By Device, System, End User and Region.

Market Scenario

Global functional safety market size was US$ 4.6 Bn in 2019 and is expected to reach US$ 9.03 Bn by 2027, at a CAGR of 8.8 % during forecast period.   Market Definition Functional safety is the sub segment of the overall safety of a system or piece of equipment which are based on automatic protection. The purpose of functional safety is freedom from unbearable risk of physical injury or of damage to the health of people.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Market Dynamics Standard safety norms, rules and regulations in each and every industry are the major driving factor behind the growth of market. Rising focus on aggressive security systems, increasing development of operational safety systems in oil and gas sector and high requirement for functional security-certified ESD in method and separate sectors are propelling the growth of market. Furthermore, growth in industrial revolution 4.0, large necessity of reliable safety systems to guarantee personnel and asset protection, rising adoption of workplace safety standards in developing economies and growing acceptance of industrial Internet of Things (Iot) are expected to improve the market growth. However, high initial cost for installing functional safety systems is the major restraining factor that could hamper the growth of market. Also more complexity level of safety standards, lack of awareness among end user and lack of technically skilled functional safety certified workforce could hinder the growth of market. Global Functional Safety Market: Segmentation Analysis By devices, safety components such as sensors, switches and controllers are dominated the market in 2018 and is expected to grow at CAGR of XX% during forecast period. Safety sensors are used to detect workers who are entering hazardous areas and stop machines. A safety switches are used to switch off the electricity supply if an electrical fault is detected, to reduce the risk of electricity-related fires, electric shock, injury and death, which ultimately results into the growth of market. By system, emergency shutdown systems segment dominated the market in 2018 and is expected keep its dominance at CAGR of XX% during forecast period. It is the process of stopping operations and isolating them from external connections or currents to minimize the possibility of an unwanted event. This system is widely used in oil and gas industry to reduce the ramification of emergency situations, associated with typically uncontrolled flooding, escape of hydrocarbons, or epidemic of fire in hydrocarbon carrying areas are expected to propel the growth of market. Global Functional Safety Market: Regional Analysis Region wise, Asia Pacific held the largest market share in 2018 and is expected to grow at CAGR of XX% during forecast period. The developing countries such as China, India and Japan are dominated the market. This is owing to increasing industrialization across the region. In addition, high adoption of functional safety system in industries such as oil & gas, chemicals, and power generation are driving the growth of market across the region. The increasing acceptance of safety solution standards in the process industries is attributed to the growth of the market in the region. According to British Petroleum's Statistical Review of World Energy, 2018, more than 33% of the global refining capacity is determined in the Asia Pacific region. The objective of the report is to present a comprehensive analysis of the Global Functional Safety Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Functional Safety Market dynamics, structure by analyzing the market segments and projects the Global Functional Safety Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Functional Safety Market make the report investor’s guide.

The Scope of Global Functional Safety Market

Global Functional Safety Market, By Devices

• Safety Sensors • Safety Switches • Safety Controllers/Modules/Relays • Programmable Safety Systems • Emergency Stop Devices • Final Control Elements • Valves • Actuators • Other

Global Functional Safety Market, By System

• Safety Instrumented Systems • Emergency Shutdown Systems (ESD) • Fire & Gas Monitoring Control • Turbo machinery Control (TMC) • Burner Management Systems (BMS) • High-Integrity Pressure Protection Systems (HIPPS) • Industrial Control Systems • Supervisory Control and Data Acquisition (SCADA) Systems • Distributed Control Systems (DCS)

Global Functional Safety Market, By End User

• Process Industry • Oil & Gas • Power Generation • Chemicals • Food & Beverages • Water & Wastewater • Pharmaceuticals and Biotech • Metal & Mining • Discrete Industry • Automotive • Railways • Medical • Others

Global Functional Safety Market, By Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Functional Safety Market, Key Players

• Siemens AG • Rockwell Automation Inc • ABB Ltd. • Schneider Electric SE • Emerson Electric Co • General Electric Co • Honeywell International Inc. • HIMA Paul Hildebrandt GmbH • Endress+Hauser Management AG • TUV Rheinland • Omron Corporation • Yokogawa Electric Corporation • Perforce

Table of Contents

Global functional safety market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Functional Safety Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Functional Safety Market Analysis and Forecast 6.1. Functional Safety Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Functional Safety Market Analysis and Forecast, By Devices 7.1. Introduction and Definition 7.2. Key Findings 7.3. Functional Safety Market Value Share Analysis, By Devices 7.4. Functional Safety Market Size (US$ Bn) Forecast, By Devices 7.5. Functional Safety Market Analysis, By Devices 7.6. Functional Safety Market Attractiveness Analysis, By Devices 8. Global Functional Safety Market Analysis and Forecast, By System 8.1. Introduction and Definition 8.2. Key Findings 8.3. Functional Safety Market Value Share Analysis, By System 8.4. Functional Safety Market Size (US$ Bn) Forecast, By System 8.5. Functional Safety Market Analysis, By System 8.6. Functional Safety Market Attractiveness Analysis, By System 9. Global Functional Safety Market Analysis and Forecast, By End User 9.1. Introduction and Definition 9.2. Key Findings 9.3. Functional Safety Market Value Share Analysis, By End User 9.4. Functional Safety Market Size (US$ Bn) Forecast, By End User 9.5. Functional Safety Market Analysis, By End User 9.6. Functional Safety Market Attractiveness Analysis, By End User 10. Global Functional Safety Market Analysis, by Region 10.1. Functional Safety Market Value Share Analysis, by Region 10.2. Functional Safety Market Size (US$ Bn) Forecast, by Region 10.3. Functional Safety Market Attractiveness Analysis, by Region 11. North America Functional Safety Market Analysis 11.1. Key Findings 11.2. North America Functional Safety Market Overview 11.3. North America Functional Safety Market Value Share Analysis, By Devices 11.4. North America Functional Safety Market Forecast, By Devices 11.4.1. Safety Sensors 11.4.2. Safety Switches 11.4.3. Safety Controllers/Modules/Relays 11.4.4. Programmable Safety Systems 11.4.5. Emergency Stop Devices 11.4.6. Final Control Elements 11.4.7. Valves 11.4.8. Actuators 11.4.9. Other 11.5. North America Functional Safety Market Value Share Analysis, By System 11.6. North America Functional Safety Market Forecast, By System 11.6.1. Safety Instrumented Systems 11.6.2. Emergency Shutdown Systems (ESD) 11.6.3. Fire & Gas Monitoring Control 11.6.4. Turbo machinery Control (TMC) 11.6.5. Burner Management Systems (BMS) 11.6.6. High-Integrity Pressure Protection Systems (HIPPS) 11.6.7. Industrial Control Systems 11.6.8. Supervisory Control and Data Acquisition (SCADA) Systems 11.6.9. Distributed Control Systems (DCS) 11.7. North America Functional Safety Market Value Share Analysis, By End User 11.8. North America Functional Safety Market Forecast, By End User 11.8.1. Process Industry 11.8.2. Oil & Gas 11.8.3. Power Generation 11.8.4. Chemicals 11.8.5. Food & Beverages 11.8.6. Water & Wastewater 11.8.7. Pharmaceuticals and Biotech 11.8.8. Metal & Mining 11.8.9. Discrete Industry 11.8.10. Automotive 11.8.11. Railways 11.8.12. Medical 11.8.13. Others 11.9. North America Functional Safety Market Value Share Analysis, by Country 11.10. North America Functional Safety Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Functional Safety Market Analysis, by Country 11.12. U.S. Functional Safety Market Forecast, By Devices 11.12.1. Safety Sensors 11.12.2. Safety Switches 11.12.3. Safety Controllers/Modules/Relays 11.12.4. Programmable Safety Systems 11.12.5. Emergency Stop Devices 11.12.6. Final Control Elements 11.12.7. Valves 11.12.8. Actuators 11.12.9. Other 11.13. U.S. Functional Safety Market Forecast, By System 11.13.1. Safety Instrumented Systems 11.13.2. Emergency Shutdown Systems (ESD) 11.13.3. Fire & Gas Monitoring Control 11.13.4. Turbo machinery Control (TMC) 11.13.5. Burner Management Systems (BMS) 11.13.6. High-Integrity Pressure Protection Systems (HIPPS) 11.13.7. Industrial Control Systems 11.13.8. Supervisory Control and Data Acquisition (SCADA) Systems 11.13.9. Distributed Control Systems (DCS) 11.14. U.S. Functional Safety Market Forecast, By End User 11.14.1. Process Industry 11.14.2. Oil & Gas 11.14.3. Power Generation 11.14.4. Chemicals 11.14.5. Food & Beverages 11.14.6. Water & Wastewater 11.14.7. Pharmaceuticals and Biotech 11.14.8. Metal & Mining 11.14.9. Discrete Industry 11.14.10. Automotive 11.14.11. Railways 11.14.12. Medical 11.14.13. Others 11.15. Canada Functional Safety Market Forecast, By Devices 11.15.1. Safety Sensors 11.15.2. Safety Switches 11.15.3. Safety Controllers/Modules/Relays 11.15.4. Programmable Safety Systems 11.15.5. Emergency Stop Devices 11.15.6. Final Control Elements 11.15.7. Valves 11.15.8. Actuators 11.15.9. Other 11.16. Canada Functional Safety Market Forecast, By System 11.16.1. Safety Instrumented Systems 11.16.2. Emergency Shutdown Systems (ESD) 11.16.3. Fire & Gas Monitoring Control 11.16.4. Turbo machinery Control (TMC) 11.16.5. Burner Management Systems (BMS) 11.16.6. High-Integrity Pressure Protection Systems (HIPPS) 11.16.7. Industrial Control Systems 11.16.8. Supervisory Control and Data Acquisition (SCADA) Systems 11.16.9. Distributed Control Systems (DCS) 11.17. Canada Functional Safety Market Forecast, By End User 11.17.1. Process Industry 11.17.2. Oil & Gas 11.17.3. Power Generation 11.17.4. Chemicals 11.17.5. Food & Beverages 11.17.6. Water & Wastewater 11.17.7. Pharmaceuticals and Biotech 11.17.8. Metal & Mining 11.17.9. Discrete Industry 11.17.10. Automotive 11.17.11. Railways 11.17.12. Medical 11.17.13. Others 11.18. North America Functional Safety Market Attractiveness Analysis 11.18.1. By Devices 11.18.2. By System 11.18.3. By End User 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Developments 12. Europe Functional Safety Market Analysis 12.1. Key Findings 12.2. Europe Functional Safety Market Overview 12.3. Europe Functional Safety Market Value Share Analysis, By Devices 12.4. Europe Functional Safety Market Forecast, By Devices 12.4.1. Safety Sensors 12.4.2. Safety Switches 12.4.3. Safety Controllers/Modules/Relays 12.4.4. Programmable Safety Systems 12.4.5. Emergency Stop Devices 12.4.6. Final Control Elements 12.4.7. Valves 12.4.8. Actuators 12.4.9. Other 12.5. Europe Functional Safety Market Value Share Analysis, By System 12.6. Europe Functional Safety Market Forecast, By System 12.6.1. Safety Instrumented Systems 12.6.2. Emergency Shutdown Systems (ESD) 12.6.3. Fire & Gas Monitoring Control 12.6.4. Turbo machinery Control (TMC) 12.6.5. Burner Management Systems (BMS) 12.6.6. High-Integrity Pressure Protection Systems (HIPPS) 12.6.7. Industrial Control Systems 12.6.8. Supervisory Control and Data Acquisition (SCADA) Systems 12.6.9. Distributed Control Systems (DCS) 12.7. Europe Functional Safety Market Value Share Analysis, By End User 12.8. Europe Functional Safety Market Forecast, By End User 12.8.1. Process Industry 12.8.2. Oil & Gas 12.8.3. Power Generation 12.8.4. Chemicals 12.8.5. Food & Beverages 12.8.6. Water & Wastewater 12.8.7. Pharmaceuticals and Biotech 12.8.8. Metal & Mining 12.8.9. Discrete Industry 12.8.10. Automotive 12.8.11. Railways 12.8.12. Medical 12.8.13. Others 12.9. Europe Functional Safety Market Value Share Analysis, by Country 12.10. Europe Functional Safety Market Forecast, by Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Rest of Europe 12.11. Europe Functional Safety Market Analysis, by Country 12.12. Germany Functional Safety Market Forecast, By Devices 12.12.1. Safety Sensors 12.12.2. Safety Switches 12.12.3. Safety Controllers/Modules/Relays 12.12.4. Programmable Safety Systems 12.12.5. Emergency Stop Devices 12.12.6. Final Control Elements 12.12.7. Valves 12.12.8. Actuators 12.12.9. Other 12.13. Germany Functional Safety Market Forecast, By System 12.13.1. Safety Instrumented Systems 12.13.2. Emergency Shutdown Systems (ESD) 12.13.3. Fire & Gas Monitoring Control 12.13.4. Turbo machinery Control (TMC) 12.13.5. Burner Management Systems (BMS) 12.13.6. High-Integrity Pressure Protection Systems (HIPPS) 12.13.7. Industrial Control Systems 12.13.8. Supervisory Control and Data Acquisition (SCADA) Systems 12.13.9. Distributed Control Systems (DCS) 12.14. Germany Functional Safety Market Forecast, By End User 12.14.1. Process Industry 12.14.2. Oil & Gas 12.14.3. Power Generation 12.14.4. Chemicals 12.14.5. Food & Beverages 12.14.6. Water & Wastewater 12.14.7. Pharmaceuticals and Biotech 12.14.8. Metal & Mining 12.14.9. Discrete Industry 12.14.10. Automotive 12.14.11. Railways 12.14.12. Medical 12.14.13. Others 12.15. U.K. Functional Safety Market Forecast, By Devices 12.15.1. Safety Sensors 12.15.2. Safety Switches 12.15.3. Safety Controllers/Modules/Relays 12.15.4. Programmable Safety Systems 12.15.5. Emergency Stop Devices 12.15.6. Final Control Elements 12.15.7. Valves 12.15.8. Actuators 12.15.9. Other 12.16. U.K. Functional Safety Market Forecast, By System 12.16.1. Safety Instrumented Systems 12.16.2. Emergency Shutdown Systems (ESD) 12.16.3. Fire & Gas Monitoring Control 12.16.4. Turbo machinery Control (TMC) 12.16.5. Burner Management Systems (BMS) 12.16.6. High-Integrity Pressure Protection Systems (HIPPS) 12.16.7. Industrial Control Systems 12.16.8. Supervisory Control and Data Acquisition (SCADA) Systems 12.16.9. Distributed Control Systems (DCS) 12.17. U.K. Functional Safety Market Forecast, By End User 12.17.1. Process Industry 12.17.2. Oil & Gas 12.17.3. Power Generation 12.17.4. Chemicals 12.17.5. Food & Beverages 12.17.6. Water & Wastewater 12.17.7. Pharmaceuticals and Biotech 12.17.8. Metal & Mining 12.17.9. Discrete Industry 12.17.10. Automotive 12.17.11. Railways 12.17.12. Medical 12.17.13. Others 12.18. France Functional Safety Market Forecast, By Devices 12.18.1. Safety Sensors 12.18.2. Safety Switches 12.18.3. Safety Controllers/Modules/Relays 12.18.4. Programmable Safety Systems 12.18.5. Emergency Stop Devices 12.18.6. Final Control Elements 12.18.7. Valves 12.18.8. Actuators 12.18.9. Other 12.19. France Functional Safety Market Forecast, By System 12.19.1. Safety Instrumented Systems 12.19.2. Emergency Shutdown Systems (ESD) 12.19.3. Fire & Gas Monitoring Control 12.19.4. Turbo machinery Control (TMC) 12.19.5. Burner Management Systems (BMS) 12.19.6. High-Integrity Pressure Protection Systems (HIPPS) 12.19.7. Industrial Control Systems 12.19.8. Supervisory Control and Data Acquisition (SCADA) Systems 12.19.9. Distributed Control Systems (DCS) 12.20. France Functional Safety Market Forecast, By End User 12.20.1. Process Industry 12.20.2. Oil & Gas 12.20.3. Power Generation 12.20.4. Chemicals 12.20.5. Food & Beverages 12.20.6. Water & Wastewater 12.20.7. Pharmaceuticals and Biotech 12.20.8. Metal & Mining 12.20.9. Discrete Industry 12.20.10. Automotive 12.20.11. Railways 12.20.12. Medical 12.20.13. Others 12.21. Italy Functional Safety Market Forecast, By Devices 12.21.1. Safety Sensors 12.21.2. Safety Switches 12.21.3. Safety Controllers/Modules/Relays 12.21.4. Programmable Safety Systems 12.21.5. Emergency Stop Devices 12.21.6. Final Control Elements 12.21.7. Valves 12.21.8. Actuators 12.21.9. Other 12.22. Italy Functional Safety Market Forecast, By System 12.22.1. Safety Instrumented Systems 12.22.2. Emergency Shutdown Systems (ESD) 12.22.3. Fire & Gas Monitoring Control 12.22.4. Turbo machinery Control (TMC) 12.22.5. Burner Management Systems (BMS) 12.22.6. High-Integrity Pressure Protection Systems (HIPPS) 12.22.7. Industrial Control Systems 12.22.8. Supervisory Control and Data Acquisition (SCADA) Systems 12.22.9. Distributed Control Systems (DCS) 12.23. Italy Functional Safety Market Forecast, By End User 12.23.1. Process Industry 12.23.2. Oil & Gas 12.23.3. Power Generation 12.23.4. Chemicals 12.23.5. Food & Beverages 12.23.6. Water & Wastewater 12.23.7. Pharmaceuticals and Biotech 12.23.8. Metal & Mining 12.23.9. Discrete Industry 12.23.10. Automotive 12.23.11. Railways 12.23.12. Medical 12.23.13. Others 12.24. Spain Functional Safety Market Forecast, By Devices 12.24.1. Safety Sensors 12.24.2. Safety Switches 12.24.3. Safety Controllers/Modules/Relays 12.24.4. Programmable Safety Systems 12.24.5. Emergency Stop Devices 12.24.6. Final Control Elements 12.24.7. Valves 12.24.8. Actuators 12.24.9. Other 12.25. Spain Functional Safety Market Forecast, By System 12.25.1. Safety Instrumented Systems 12.25.2. Emergency Shutdown Systems (ESD) 12.25.3. Fire & Gas Monitoring Control 12.25.4. Turbo machinery Control (TMC) 12.25.5. Burner Management Systems (BMS) 12.25.6. High-Integrity Pressure Protection Systems (HIPPS) 12.25.7. Industrial Control Systems 12.25.8. Supervisory Control and Data Acquisition (SCADA) Systems 12.25.9. Distributed Control Systems (DCS) 12.26. Spain Functional Safety Market Forecast, By End User 12.26.1. Process Industry 12.26.2. Oil & Gas 12.26.3. Power Generation 12.26.4. Chemicals 12.26.5. Food & Beverages 12.26.6. Water & Wastewater 12.26.7. Pharmaceuticals and Biotech 12.26.8. Metal & Mining 12.26.9. Discrete Industry 12.26.10. Automotive 12.26.11. Railways 12.26.12. Medical 12.26.13. Others 12.27. Rest of Europe Functional Safety Market Forecast, By Devices 12.27.1. Safety Sensors 12.27.2. Safety Switches 12.27.3. Safety Controllers/Modules/Relays 12.27.4. Programmable Safety Systems 12.27.5. Emergency Stop Devices 12.27.6. Final Control Elements 12.27.7. Valves 12.27.8. Actuators 12.27.9. Other 12.28. Rest of Europe Functional Safety Market Forecast, By System 12.28.1. Safety Instrumented Systems 12.28.2. Emergency Shutdown Systems (ESD) 12.28.3. Fire & Gas Monitoring Control 12.28.4. Turbo machinery Control (TMC) 12.28.5. Burner Management Systems (BMS) 12.28.6. High-Integrity Pressure Protection Systems (HIPPS) 12.28.7. Industrial Control Systems 12.28.8. Supervisory Control and Data Acquisition (SCADA) Systems 12.28.9. Distributed Control Systems (DCS) 12.29. Rest Of Europe Functional Safety Market Forecast, By End User 12.29.1. Process Industry 12.29.2. Oil & Gas 12.29.3. Power Generation 12.29.4. Chemicals 12.29.5. Food & Beverages 12.29.6. Water & Wastewater 12.29.7. Pharmaceuticals and Biotech 12.29.8. Metal & Mining 12.29.9. Discrete Industry 12.29.10. Automotive 12.29.11. Railways 12.29.12. Medical 12.29.13. Others 12.30. Europe Functional Safety Market Attractiveness Analysis 12.30.1. By Devices 12.30.2. By System 12.30.3. By End User 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Developments 13. Asia Pacific Functional Safety Market Analysis 13.1. Key Findings 13.2. Asia Pacific Functional Safety Market Overview 13.3. Asia Pacific Functional Safety Market Value Share Analysis, By Devices 13.4. Asia Pacific Functional Safety Market Forecast, By Devices 13.4.1. Safety Sensors 13.4.2. Safety Switches 13.4.3. Safety Controllers/Modules/Relays 13.4.4. Programmable Safety Systems 13.4.5. Emergency Stop Devices 13.4.6. Final Control Elements 13.4.7. Valves 13.4.8. Actuators 13.4.9. Other 13.5. Asia Pacific Functional Safety Market Value Share Analysis, By System 13.6. Asia Pacific Functional Safety Market Forecast, By System 13.6.1. Safety Instrumented Systems 13.6.2. Emergency Shutdown Systems (ESD) 13.6.3. Fire & Gas Monitoring Control 13.6.4. Turbo machinery Control (TMC) 13.6.5. Burner Management Systems (BMS) 13.6.6. High-Integrity Pressure Protection Systems (HIPPS) 13.6.7. Industrial Control Systems 13.6.8. Supervisory Control and Data Acquisition (SCADA) Systems 13.6.9. Distributed Control Systems (DCS) 13.7. Asia Pacific Functional Safety Market Value Share Analysis, By End User 13.8. Asia Pacific Functional Safety Market Forecast, By End User 13.8.1. Process Industry 13.8.2. Oil & Gas 13.8.3. Power Generation 13.8.4. Chemicals 13.8.5. Food & Beverages 13.8.6. Water & Wastewater 13.8.7. Pharmaceuticals and Biotech 13.8.8. Metal & Mining 13.8.9. Discrete Industry 13.8.10. Automotive 13.8.11. Railways 13.8.12. Medical 13.8.13. Others 13.9. Asia Pacific Functional Safety Market Value Share Analysis, by Country 13.10. Asia Pacific Functional Safety Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific Functional Safety Market Analysis, by Country 13.12. China Functional Safety Market Forecast, By Devices 13.12.1. Safety Sensors 13.12.2. Safety Switches 13.12.3. Safety Controllers/Modules/Relays 13.12.4. Programmable Safety Systems 13.12.5. Emergency Stop Devices 13.12.6. Final Control Elements 13.12.7. Valves 13.12.8. Actuators 13.12.9. Other 13.13. China Functional Safety Market Forecast, By System 13.13.1. Safety Instrumented Systems 13.13.2. Emergency Shutdown Systems (ESD) 13.13.3. Fire & Gas Monitoring Control 13.13.4. Turbo machinery Control (TMC) 13.13.5. Burner Management Systems (BMS) 13.13.6. High-Integrity Pressure Protection Systems (HIPPS) 13.13.7. Industrial Control Systems 13.13.8. Supervisory Control and Data Acquisition (SCADA) Systems 13.13.9. Distributed Control Systems (DCS) 13.14. China Functional Safety Market Forecast, By End User 13.14.1. Process Industry 13.14.2. Oil & Gas 13.14.3. Power Generation 13.14.4. Chemicals 13.14.5. Food & Beverages 13.14.6. Water & Wastewater 13.14.7. Pharmaceuticals and Biotech 13.14.8. Metal & Mining 13.14.9. Discrete Industry 13.14.10. Automotive 13.14.11. Railways 13.14.12. Medical 13.14.13. Others 13.15. India Functional Safety Market Forecast, By Devices 13.15.1. Safety Sensors 13.15.2. Safety Switches 13.15.3. Safety Controllers/Modules/Relays 13.15.4. Programmable Safety Systems 13.15.5. Emergency Stop Devices 13.15.6. Final Control Elements 13.15.7. Valves 13.15.8. Actuators 13.15.9. Other 13.16. India Functional Safety Market Forecast, By System 13.16.1. Safety Instrumented Systems 13.16.2. Emergency Shutdown Systems (ESD) 13.16.3. Fire & Gas Monitoring Control 13.16.4. Turbo machinery Control (TMC) 13.16.5. Burner Management Systems (BMS) 13.16.6. High-Integrity Pressure Protection Systems (HIPPS) 13.16.7. Industrial Control Systems 13.16.8. Supervisory Control and Data Acquisition (SCADA) Systems 13.16.9. Distributed Control Systems (DCS) 13.17. India Functional Safety Market Forecast, By End User 13.17.1. Process Industry 13.17.2. Oil & Gas 13.17.3. Power Generation 13.17.4. Chemicals 13.17.5. Food & Beverages 13.17.6. Water & Wastewater 13.17.7. Pharmaceuticals and Biotech 13.17.8. Metal & Mining 13.17.9. Discrete Industry 13.17.10. Automotive 13.17.11. Railways 13.17.12. Medical 13.17.13. Others 13.18. Japan Functional Safety Market Forecast, By Devices 13.18.1. Safety Sensors 13.18.2. Safety Switches 13.18.3. Safety Controllers/Modules/Relays 13.18.4. Programmable Safety Systems 13.18.5. Emergency Stop Devices 13.18.6. Final Control Elements 13.18.7. Valves 13.18.8. Actuators 13.18.9. Other 13.19. Japan Functional Safety Market Forecast, By System 13.19.1. Safety Instrumented Systems 13.19.2. Emergency Shutdown Systems (ESD) 13.19.3. Fire & Gas Monitoring Control 13.19.4. Turbo machinery Control (TMC) 13.19.5. Burner Management Systems (BMS) 13.19.6. High-Integrity Pressure Protection Systems (HIPPS) 13.19.7. Industrial Control Systems 13.19.8. Supervisory Control and Data Acquisition (SCADA) Systems 13.19.9. Distributed Control Systems (DCS) 13.20. Japan Functional Safety Market Forecast, By End User 13.20.1. Process Industry 13.20.2. Oil & Gas 13.20.3. Power Generation 13.20.4. Chemicals 13.20.5. Food & Beverages 13.20.6. Water & Wastewater 13.20.7. Pharmaceuticals and Biotech 13.20.8. Metal & Mining 13.20.9. Discrete Industry 13.20.10. Automotive 13.20.11. Railways 13.20.12. Medical 13.20.13. Others 13.21. ASEAN Functional Safety Market Forecast, By Devices 13.21.1. Safety Sensors 13.21.2. Safety Switches 13.21.3. Safety Controllers/Modules/Relays 13.21.4. Programmable Safety Systems 13.21.5. Emergency Stop Devices 13.21.6. Final Control Elements 13.21.7. Valves 13.21.8. Actuators 13.21.9. Other 13.22. ASEAN Functional Safety Market Forecast, By System 13.22.1. Safety Instrumented Systems 13.22.2. Emergency Shutdown Systems (ESD) 13.22.3. Fire & Gas Monitoring Control 13.22.4. Turbo machinery Control (TMC) 13.22.5. Burner Management Systems (BMS) 13.22.6. High-Integrity Pressure Protection Systems (HIPPS) 13.22.7. Industrial Control Systems 13.22.8. Supervisory Control and Data Acquisition (SCADA) Systems 13.22.9. Distributed Control Systems (DCS) 13.23. ASEAN Functional Safety Market Forecast, By End User 13.23.1. Process Industry 13.23.2. Oil & Gas 13.23.3. Power Generation 13.23.4. Chemicals 13.23.5. Food & Beverages 13.23.6. Water & Wastewater 13.23.7. Pharmaceuticals and Biotech 13.23.8. Metal & Mining 13.23.9. Discrete Industry 13.23.10. Automotive 13.23.11. Railways 13.23.12. Medical 13.23.13. Others 13.24. Rest of Asia Pacific Functional Safety Market Forecast, By Devices 13.24.1. Safety Sensors 13.24.2. Safety Switches 13.24.3. Safety Controllers/Modules/Relays 13.24.4. Programmable Safety Systems 13.24.5. Emergency Stop Devices 13.24.6. Final Control Elements 13.24.7. Valves 13.24.8. Actuators 13.24.9. Other 13.25. Rest of Asia Pacific Functional Safety Market Forecast, By System 13.25.1. Safety Instrumented Systems 13.25.2. Emergency Shutdown Systems (ESD) 13.25.3. Fire & Gas Monitoring Control 13.25.4. Turbo machinery Control (TMC) 13.25.5. Burner Management Systems (BMS) 13.25.6. High-Integrity Pressure Protection Systems (HIPPS) 13.25.7. Industrial Control Systems 13.25.8. Supervisory Control and Data Acquisition (SCADA) Systems 13.25.9. Distributed Control Systems (DCS) 13.26. Rest of Asia Pacific Functional Safety Market Forecast, By End User 13.26.1. Process Industry 13.26.2. Oil & Gas 13.26.3. Power Generation 13.26.4. Chemicals 13.26.5. Food & Beverages 13.26.6. Water & Wastewater 13.26.7. Pharmaceuticals and Biotech 13.26.8. Metal & Mining 13.26.9. Discrete Industry 13.26.10. Automotive 13.26.11. Railways 13.26.12. Medical 13.26.13. Others 13.27. Asia Pacific Functional Safety Market Attractiveness Analysis 13.27.1. By Devices 13.27.2. By System 13.27.3. By End User 13.28. PEST Analysis 13.29. Key Trends 13.30. Key Developments 14. Middle East & Africa Functional Safety Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Functional Safety Market Overview 14.3. Middle East & Africa Functional Safety Market Value Share Analysis, By Devices 14.4. Middle East & Africa Functional Safety Market Forecast, By Devices 14.4.1. Safety Sensors 14.4.2. Safety Switches 14.4.3. Safety Controllers/Modules/Relays 14.4.4. Programmable Safety Systems 14.4.5. Emergency Stop Devices 14.4.6. Final Control Elements 14.4.7. Valves 14.4.8. Actuators 14.4.9. Other 14.5. Middle East & Africa Functional Safety Market Value Share Analysis, By System 14.6. Middle East & Africa Functional Safety Market Forecast, By System 14.6.1. Safety Instrumented Systems 14.6.2. Emergency Shutdown Systems (ESD) 14.6.3. Fire & Gas Monitoring Control 14.6.4. Turbo machinery Control (TMC) 14.6.5. Burner Management Systems (BMS) 14.6.6. High-Integrity Pressure Protection Systems (HIPPS) 14.6.7. Industrial Control Systems 14.6.8. Supervisory Control and Data Acquisition (SCADA) Systems 14.6.9. Distributed Control Systems (DCS) 14.7. Middle East & Africa Functional Safety Market Value Share Analysis, By End User 14.8. Middle East & Africa Functional Safety Market Forecast, By End User 14.8.1. Process Industry 14.8.2. Oil & Gas 14.8.3. Power Generation 14.8.4. Chemicals 14.8.5. Food & Beverages 14.8.6. Water & Wastewater 14.8.7. Pharmaceuticals and Biotech 14.8.8. Metal & Mining 14.8.9. Discrete Industry 14.8.10. Automotive 14.8.11. Railways 14.8.12. Medical 14.8.13. Others 14.9. Middle East & Africa Functional Safety Market Value Share Analysis, by Country 14.10. Middle East & Africa Functional Safety Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa Functional Safety Market Analysis, by Country 14.12. GCC Functional Safety Market Forecast, By Devices 14.12.1. Safety Sensors 14.12.2. Safety Switches 14.12.3. Safety Controllers/Modules/Relays 14.12.4. Programmable Safety Systems 14.12.5. Emergency Stop Devices 14.12.6. Final Control Elements 14.12.7. Valves 14.12.8. Actuators 14.12.9. Other 14.13. GCC Functional Safety Market Forecast, By System 14.13.1. Safety Instrumented Systems 14.13.2. Emergency Shutdown Systems (ESD) 14.13.3. Fire & Gas Monitoring Control 14.13.4. Turbo machinery Control (TMC) 14.13.5. Burner Management Systems (BMS) 14.13.6. High-Integrity Pressure Protection Systems (HIPPS) 14.13.7. Industrial Control Systems 14.13.8. Supervisory Control and Data Acquisition (SCADA) Systems 14.13.9. Distributed Control Systems (DCS) 14.14. GCC Functional Safety Market Forecast, By End User 14.14.1. Process Industry 14.14.2. Oil & Gas 14.14.3. Power Generation 14.14.4. Chemicals 14.14.5. Food & Beverages 14.14.6. Water & Wastewater 14.14.7. Pharmaceuticals and Biotech 14.14.8. Metal & Mining 14.14.9. Discrete Industry 14.14.10. Automotive 14.14.11. Railways 14.14.12. Medical 14.14.13. Others 14.15. South Africa Functional Safety Market Forecast, By Devices 14.15.1. Safety Sensors 14.15.2. Safety Switches 14.15.3. Safety Controllers/Modules/Relays 14.15.4. Programmable Safety Systems 14.15.5. Emergency Stop Devices 14.15.6. Final Control Elements 14.15.7. Valves 14.15.8. Actuators 14.15.9. Other 14.16. South Africa Functional Safety Market Forecast, By System 14.16.1. Safety Instrumented Systems 14.16.2. Emergency Shutdown Systems (ESD) 14.16.3. Fire & Gas Monitoring Control 14.16.4. Turbo machinery Control (TMC) 14.16.5. Burner Management Systems (BMS) 14.16.6. High-Integrity Pressure Protection Systems (HIPPS) 14.16.7. Industrial Control Systems 14.16.8. Supervisory Control and Data Acquisition (SCADA) Systems 14.16.9. Distributed Control Systems (DCS) 14.17. South Africa Functional Safety Market Forecast, By End User 14.17.1. Process Industry 14.17.2. Oil & Gas 14.17.3. Power Generation 14.17.4. Chemicals 14.17.5. Food & Beverages 14.17.6. Water & Wastewater 14.17.7. Pharmaceuticals and Biotech 14.17.8. Metal & Mining 14.17.9. Discrete Industry 14.17.10. Automotive 14.17.11. Railways 14.17.12. Medical 14.17.13. Others 14.18. Rest of Middle East & Africa Functional Safety Market Forecast, By Devices 14.18.1. Safety Sensors 14.18.2. Safety Switches 14.18.3. Safety Controllers/Modules/Relays 14.18.4. Programmable Safety Systems 14.18.5. Emergency Stop Devices 14.18.6. Final Control Elements 14.18.7. Valves 14.18.8. Actuators 14.18.9. Other 14.19. Rest of Middle East & Africa Functional Safety Market Forecast, By System 14.19.1. Safety Instrumented Systems 14.19.2. Emergency Shutdown Systems (ESD) 14.19.3. Fire & Gas Monitoring Control 14.19.4. Turbo machinery Control (TMC) 14.19.5. Burner Management Systems (BMS) 14.19.6. High-Integrity Pressure Protection Systems (HIPPS) 14.19.7. Industrial Control Systems 14.19.8. Supervisory Control and Data Acquisition (SCADA) Systems 14.19.9. Distributed Control Systems (DCS) 14.20. & Africa Functional Safety Market Forecast, By End User 14.20.1. Process Industry 14.20.2. Oil & Gas 14.20.3. Power Generation 14.20.4. Chemicals 14.20.5. Food & Beverages 14.20.6. Water & Wastewater 14.20.7. Pharmaceuticals and Biotech 14.20.8. Metal & Mining 14.20.9. Discrete Industry 14.20.10. Automotive 14.20.11. Railways 14.20.12. Medical 14.20.13. Others 14.21. Middle East & Africa Functional Safety Market Attractiveness Analysis 14.21.1. By Devices 14.21.2. By System 14.21.3. By End User 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Developments 15. South America Functional Safety Market Analysis 15.1. Key Findings 15.2. South America Functional Safety Market Overview 15.3. South America Functional Safety Market Value Share Analysis, By Devices 15.4. South America Functional Safety Market Forecast, By Devices 15.4.1. Safety Sensors 15.4.2. Safety Switches 15.4.3. Safety Controllers/Modules/Relays 15.4.4. Programmable Safety Systems 15.4.5. Emergency Stop Devices 15.4.6. Final Control Elements 15.4.7. Valves 15.4.8. Actuators 15.4.9. Other 15.5. South America Functional Safety Market Value Share Analysis, By System 15.6. South America Functional Safety Market Forecast, By System 15.6.1. Safety Instrumented Systems 15.6.2. Emergency Shutdown Systems (ESD) 15.6.3. Fire & Gas Monitoring Control 15.6.4. Turbo machinery Control (TMC) 15.6.5. Burner Management Systems (BMS) 15.6.6. High-Integrity Pressure Protection Systems (HIPPS) 15.6.7. Industrial Control Systems 15.6.8. Supervisory Control and Data Acquisition (SCADA) Systems 15.6.9. Distributed Control Systems (DCS) 15.7. South America Functional Safety Market Value Share Analysis, By End User 15.8. South America Functional Safety Market Forecast, By End User 15.8.1. Process Industry 15.8.2. Oil & Gas 15.8.3. Power Generation 15.8.4. Chemicals 15.8.5. Food & Beverages 15.8.6. Water & Wastewater 15.8.7. Pharmaceuticals and Biotech 15.8.8. Metal & Mining 15.8.9. Discrete Industry 15.8.10. Automotive 15.8.11. Railways 15.8.12. Medical 15.8.13. Others 15.9. South America Functional Safety Market Value Share Analysis, by Country 15.10. South America Functional Safety Market Forecast, by Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America Functional Safety Market Analysis, by Country 15.12. Brazil Functional Safety Market Forecast, By Devices 15.12.1. Safety Sensors 15.12.2. Safety Switches 15.12.3. Safety Controllers/Modules/Relays 15.12.4. Programmable Safety Systems 15.12.5. Emergency Stop Devices 15.12.6. Final Control Elements 15.12.7. Valves 15.12.8. Actuators 15.12.9. Other 15.13. Brazil Functional Safety Market Forecast, By System 15.13.1. Safety Instrumented Systems 15.13.2. Emergency Shutdown Systems (ESD) 15.13.3. Fire & Gas Monitoring Control 15.13.4. Turbo machinery Control (TMC) 15.13.5. Burner Management Systems (BMS) 15.13.6. High-Integrity Pressure Protection Systems (HIPPS) 15.13.7. Industrial Control Systems 15.13.8. Supervisory Control and Data Acquisition (SCADA) Systems 15.13.9. Distributed Control Systems (DCS) 15.14. Brazil Functional Safety Market Forecast, By End User 15.14.1. Process Industry 15.14.2. Oil & Gas 15.14.3. Power Generation 15.14.4. Chemicals 15.14.5. Food & Beverages 15.14.6. Water & Wastewater 15.14.7. Pharmaceuticals and Biotech 15.14.8. Metal & Mining 15.14.9. Discrete Industry 15.14.10. Automotive 15.14.11. Railways 15.14.12. Medical 15.14.13. Others 15.15. Mexico Functional Safety Market Forecast, By Devices 15.15.1. Safety Sensors 15.15.2. Safety Switches 15.15.3. Safety Controllers/Modules/Relays 15.15.4. Programmable Safety Systems 15.15.5. Emergency Stop Devices 15.15.6. Final Control Elements 15.15.7. Valves 15.15.8. Actuators 15.15.9. Other 15.16. Mexico Functional Safety Market Forecast, By System 15.16.1. Safety Instrumented Systems 15.16.2. Emergency Shutdown Systems (ESD) 15.16.3. Fire & Gas Monitoring Control 15.16.4. Turbo machinery Control (TMC) 15.16.5. Burner Management Systems (BMS) 15.16.6. High-Integrity Pressure Protection Systems (HIPPS) 15.16.7. Industrial Control Systems 15.16.8. Supervisory Control and Data Acquisition (SCADA) Systems 15.16.9. Distributed Control Systems (DCS) 15.17. Mexico Functional Safety Market Forecast, By End User 15.17.1. Process Industry 15.17.2. Oil & Gas 15.17.3. Power Generation 15.17.4. Chemicals 15.17.5. Food & Beverages 15.17.6. Water & Wastewater 15.17.7. Pharmaceuticals and Biotech 15.17.8. Metal & Mining 15.17.9. Discrete Industry 15.17.10. Automotive 15.17.11. Railways 15.17.12. Medical 15.17.13. Others 15.18. Rest of South America Functional Safety Market Forecast, By Devices 15.18.1. Safety Sensors 15.18.2. Safety Switches 15.18.3. Safety Controllers/Modules/Relays 15.18.4. Programmable Safety Systems 15.18.5. Emergency Stop Devices 15.18.6. Final Control Elements 15.18.7. Valves 15.18.8. Actuators 15.18.9. Other 15.19. Rest of South America Functional Safety Market Forecast, By System 15.19.1. Safety Instrumented Systems 15.19.2. Emergency Shutdown Systems (ESD) 15.19.3. Fire & Gas Monitoring Control 15.19.4. Turbo machinery Control (TMC) 15.19.5. Burner Management Systems (BMS) 15.19.6. High-Integrity Pressure Protection Systems (HIPPS) 15.19.7. Industrial Control Systems 15.19.8. Supervisory Control and Data Acquisition (SCADA) Systems 15.19.9. Distributed Control Systems (DCS) 15.20. Rest of South America Functional Safety Market Forecast, By End User 15.20.1. Process Industry 15.20.2. Oil & Gas 15.20.3. Power Generation 15.20.4. Chemicals 15.20.5. Food & Beverages 15.20.6. Water & Wastewater 15.20.7. Pharmaceuticals and Biotech 15.20.8. Metal & Mining 15.20.9. Discrete Industry 15.20.10. Automotive 15.20.11. Railways 15.20.12. Medical 15.20.13. Others 15.21. South America Functional Safety Market Attractiveness Analysis 15.21.1. By Devices 15.21.2. By System 15.21.3. By End User 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward 16.2.3.3. Integration 16.3. Company Profiles: Key Players 16.3.1. Siemens AG 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Development Footprint 16.3.2. Rockwell Automation Inc 16.3.3. ABB Ltd. 16.3.4. Schneider Electric SE 16.3.5. Emerson Electric Co 16.3.6. General Electric Co 16.3.7. Honeywell International Inc. 16.3.8. HIMA Paul Hildebrandt GmbH 16.3.9. Endress+Hauser Management AG 16.3.10. TUV Rheinland 16.3.11. Omron Corporation 16.3.12. Yokogawa Electric Corporation 16.3.13. Perforce 17. Primary Key Insights

About This Report

Report ID 55365
Category Electronics
Published Date April 2020
No of Pages 176
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