全球功能安全市場:安全感測器、安全光柵、安全控制器、可程式安全系統、安全開關、TIC 分析類型、機器人 - 預測(~2029 年)
市場調查報告書
商品編碼
1609388

全球功能安全市場:安全感測器、安全光柵、安全控制器、可程式安全系統、安全開關、TIC 分析類型、機器人 - 預測(~2029 年)

Functional Safety Market by Safety Sensors (Emergency Stop, Temperature, Pressure, Gas), Safety Light Curtain, Safety Controller, Programmable Safety System, Safety Switches, TIC Analysis Type (Fault & Event Analysis), Robotics - Global Forecast to 2029

出版日期: | 出版商: MarketsandMarkets | 英文 292 Pages | 訂單完成後即時交付

價格

2024年全球功能安全市場規模為58.834億美元,預計2029年將達78.967億美元,預測期內複合年成長率為6.1%。

旨在預防事故的先進安全解決方案的日益採用正在推動功能安全市場的發展。另一方面,高昂的安裝和維護成本正在限制功能安全市場的成長。

調查範圍
調查年份 2020-2029
基準年 2023年
預測期 2024-2029
單元 10億美元
部分 設備、服務、系統、應用、產業、區域
目標區域 北美、歐洲、亞太等地區

“預計緊急關閉系統(ESD)領域將在預測期內佔據最大的市場佔有率。”

ESD 系統用於管理緊急情況,特別是在儲存危險材料的區域,導致碳氫化合物釋放、無法控制的洪水、火災爆發等。此類緊急情況可能導致工廠、設備和裝置關閉。在 Concha 中,ESD 相關感測器捕獲特定條件,邏輯控制器作用於這些感測器,使最終產品(例如閥門或泵浦)達到安全狀態。如果出現問題,ESD 系統會以受控方式切斷流程電源。

此外,ESD 系統在石油和天然氣、化學、發電、製造和水處理等各個領域都至關重要。當發生洩漏、火災或系統故障等情況時,我們會迅速採取行動關閉設備、保護工人並遵守各種安全措施和規範。

“在預測期內,非機器人應用預計將佔據功能安全的最大市場佔有率。”

非機器人應用的功能安全市場預計將在預測期內佔據最大的市場佔有率,因為功能安全更為重要,並且通常服務於製造業、石油和天然氣行業以及發電行業等高風險行業。這包括 IEC 61508/61511 等監管要求以及管理許多安全關鍵系統的使用以及保護資產和設備的需要的其他法規。

“到 2024 年,石油和天然氣領域可能會佔據最大的市場規模。”

石油和天然氣產業面臨多種風險和危害,可能對人員、財產和環境造成嚴重危害。業界部署了各種類型的安全儀器系統 (SIS) 以實現功能安全。例如,緊急關閉(ESD)系統可以關閉多個系統和設備以減少緊急情況的影響。它還將碳氫化合物庫存、電子機械、緊急鼓風機和通風系統分開,以確保在發生火災時做出適當的反應。

此外,高級壓力保護系統 (HIPPS) 還可保護管道、容器和工藝包免受超壓影響。提供功能安全系統和設備的行業參與企業包括 ABB Ltd、西門子和施耐德電氣。

“在預測期內,德國將佔據歐洲最高的市場佔有率。”

在德國,機械和功能安全措施在各種監管標準下都嚴格遵守。 IEC 61508 標準已被德國標準化研究所 (DIN) 採用並發佈為 DIN EN 61508。在歐洲供應和運作的設備必須符合此功能安全標準。該國現有的國家監管標準和歐盟指令正在增加對安全相關系統的需求,並推動功能安全市場的成長。

本報告研究和分析了全球功能安全市場,提供了關鍵促進因素和限制因素、競爭格局和未來趨勢的資訊。

目錄

第1章簡介

第2章調查方法

第3章執行摘要

第 4 章重要考察

  • 功能安全市場對公司有吸引力的機會
  • 功能安全市場:依設備分類
  • 功能安全市場:依系統分類
  • 功能安全市場:依產業分類
  • 功能安全市場:按地區
  • 功能安全市場:依國家分類

第5章市場概況

  • 介紹
  • 市場動態
    • 促進因素
    • 抑制因素
    • 機會
    • 任務
  • 影響客戶業務的趨勢/干擾
  • 製程流程分析
  • 價格分析
    • 主要企業平均售價趨勢:依設備分類(2023年)
    • 平均銷售價格趨勢:依設備分類(2020-2023)
    • 平均銷售價格趨勢:按地區(2020-2023)
  • 供應鏈分析
  • 生態系分析
  • 技術分析
    • 主要技術
    • 互補技術
    • 鄰近技術
  • 專利分析
  • 貿易分析
    • 進口場景(HS編碼8481)
    • 出口場景(HS編碼8481)
  • 主要會議和活動(2025-2026)
  • 案例研究分析
  • 投資金籌措場景
  • 監管環境
    • 監管機構、政府機構和其他組織
    • 標準
  • 波特五力分析
  • 主要相關利益者和採購標準
  • 人工智慧/產生人工智慧對功能安全市場的影響
    • 介紹
    • 人工智慧用例

第 6 章 功能安全系統的 SIL 類型

  • 介紹
  • SIL 2
  • SIL 3
  • SIL 4

第7章 功能安全系統銷售管道

  • 介紹
  • 直接管道
  • 分銷商/經銷商
  • 系統整合商

第8章功能安全市場:依應用分類

  • 介紹
  • 機器人
    • 傳統機器人
    • 協作機器人
  • 非機器人

第9章功能安全市場:依設備分類

  • 介紹
  • 安全感應器
  • 安全控制器/模組/繼電器
  • 可程式安全系統
  • 安全開關
  • 閥門
  • 致動器
  • 緊急停止裝置
  • 其他設備

第10章功能安全市場:依服務分類

  • 介紹
  • 測試、檢驗和認證
  • 設計、工程和維護
  • 培訓和諮詢服務

第11章功能安全市場:依系統分類

  • 介紹
  • 緊急停止系統
  • 火災/氣體監控控制系統
  • 渦輪機械控制系統
  • 燃燒器管理系統
  • 先進的壓力保護系統
  • 集散控制系統
  • 監控/資料採集系統

第12章功能安全市場:依產業分類

  • 介紹
  • 石油和天然氣
    • 上游
    • 中產階級
    • 下游
  • 發電
  • 化學品
  • 食品/飲料
  • 水/污水處理
  • 藥品
  • 金屬/礦業
  • 航太
  • 鐵路
  • 醫療保健
  • 其他行業

第13章功能安全市場:按地區

  • 介紹
  • 歐洲
    • 歐洲宏觀經濟展望
    • 德國
    • 英國
    • 法國
    • 歐洲其他地區
  • 北美洲
    • 北美宏觀經濟展望
    • 美國
    • 加拿大
    • 墨西哥
  • 亞太地區
    • 亞太宏觀經濟展望
    • 中國
    • 日本
    • 印度
    • 韓國
    • 其他亞太地區
  • 其他領域
    • 其他地區宏觀經濟展望
    • 中東
    • 非洲
    • 南美洲

第14章競爭格局

  • 概述
  • 主要參與企業的策略/優勢(2022-2024)
  • 收益分析(2019-2023)
  • 市場佔有率分析(2023)
  • 企業評價及財務指標(2024年)
  • 產品比較
  • 企業評價矩陣:主要企業(2023年)
  • 公司評估矩陣:Start-Ups/中小企業(2023)
  • 競爭場景

第15章 公司簡介

  • 主要企業
    • SCHNEIDER ELECTRIC
    • ABB
    • HONEYWELL INTERNATIONAL INC.
    • EMERSON ELECTRIC CO.
    • ROCKWELL AUTOMATION
    • YOKOGAWA ELECTRIC CORPORATION
    • HIMA
    • GENERAL ELECTRIC COMPANY
    • OMRON CORPORATION
    • SIEMENS
    • JOHNSON CONTROLS INC.
    • DEKRA
    • TUV RHEINLAND
    • BALLUFF GMBH
    • ENDRESS+HAUSER GROUP SERVICES AG
  • 其他主要企業
    • SLB
    • VELAN INC.
    • PALADON SYSTEMS SRL
    • INTERTEK GROUP PLC
    • SGS GENERAL SURVEILLANCE COMPANY SA.
    • WEIDMULLER INTERFACE GMBH & CO. KG
    • SMC CORPORATION
    • TEXAS INSTRUMENTS INCORPORATED
    • WITTENSTEIN HIGH INTEGRITY SYSTEMS LTD
    • IMAGINATION TECHNOLOGIES

第16章附錄

Product Code: SE 5286

The global functional safety market was valued at USD 5,883.4 million in 2024 and is projected to reach USD 7,896.7 million by 2029; it is expected to register a CAGR of 6.1% during the forecast period. Mounting adoption of advanced safety solutions to prevent accidents in industrial facilities is driving the functional safety market. Whereas high installation and maintenance costs is restraining the growth of the functional safety market.

Scope of the Report
Years Considered for the Study2020-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD Billion)
SegmentsBy Device, Service, System, Application, industry, and region
Regions coveredNorth America, Europe, APAC, RoW

"Emergency Shutdown System (ESD) segment is expected to hold the largest market share throughout the forecast period."

An ESD system is used to manage emergencies, especially those that can lead to the release of hydrocarbons, uncontrolled flood, or fire outbreaks in areas where the materials stored are hazardous. Such emergencies can lead to the stoppage of a plant, unit or equipment. Concha, sensors relating to ESD capture specific states and logic solvers act on these sensors to put final items like valves and pumps to a safe state. In the event of a problem, the ESD system removes power from the process, but at the same time in a controlled manner.

Furthermore, ESD systems are essential in multiple sectors, such as oil & gas, chemicals, power generation, manufacturing, and water treatment. They act promptly on their own in situations like leakage, fire, or system failure where they shut down the equipment, safeguard the workers, and observe various measures and codes of safety.

"Non-robotic application of functional safety is expected to hold the largest market share during the forecast period."

The functional safety market for non-robotic application is expected to have the largest market share during the forecast period as functional safety is more of an imperative and has a lot to offer high-risk industries such as manufacturing, oil and gas industry and power generation industries. These are regulatory requirements such as IEC 61508/ 61511 or other regulations that govern use of many safety critical systems, need for protection of assets and machinery.

"Oil & Gas segment is likely to hold the largest market in 2024."

The global functional safety market is expected to register the largest portion of oil and a gas segment in 2024. The oil & gas industry experience several risks and hazards which causes serious mishap to people, assets and/or the environment. In the industry, different types of safety instrumented systems (SIS) are deployed towards achieving functional safety. A control and protection scheme for example is the Emergency Shutdown (ESD) systems that enable inhibition of a couple of systems and apparatus in an endeavor to reduce the impact of the emergent situation. They also segregate hydrocarbon stock, electrical equipment and emergency blowers and ventilation systems to give right response in the event of fire.

Additionally, High Integrity Pressure Protection System (HIPPS) safeguards the pipelines, vessels and process packages against over pressure. Some of the industries' players that deliver functional safety systems and safety devices include ABB Ltd, Siemens, and Schneider Electric.

"The Germany is to contribute the highest market share of European region during the forecast period."

Germany is predicted to be the highest market share of European region during the forecast period. In Germany, machine and functional safety measures are strictly followed under various regulatory standards. The IEC 61508 standard has been adopted and published as DIN EN 61508 by the German Institute for Standardization (DIN). The machinery supplied and in operation in Europe is required to comply with this functional safety standard. The national-level regulatory standards and EU directives present in this country are increasing the demand for safety-related systems, which, in turn, is driving the growth of the functional safety market.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type - Tier 1 - 51%, Tier 2 - 32%, Tier 3 - 17%
  • By Designation- C-level Executives - 47%, Directors - 32%, Others - 21%
  • By Region-North America - 36%, Europe - 29%, Asia Pacific - 27%, RoW - 8%

The functional safety market is dominated by a few globally established players such as Schneider Electric (France), ABB (Switzerland), Honeywell International Inc. (US), Emerson Electric Co. (US), Rockwell Automation (US), General Electric (US), Siemens (Germany), Siemens (Germany), Stratasys (US), Omron Corporation (Japan), Yokogawa Electric Corporation (Japan), Endress+Hauser Group Services AG (Switzerland). The study includes an in-depth competitive analysis of these key players in the functional safety market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the functional safety market and forecasts its size by system, device, service, application, industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions-North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the functional safety ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key drivers (Enforcement of stringent safety regulations by the government, Increasing investment in oil and gas plants to meet energy demand, Mounting adoption of advanced safety solutions to prevent accidents in industrial facilities, Rapid digital transformation to revolutionize traditional manufacturing), Restraint (High installation and maintenance costs, Complexities associated with development and integration), Opportunity (Rising emphasis on workplace safety in developed countries, Increasing deployment of IIoT technology in industries), Challenges (Complexities related to designing systems that comply with complex safety standards
  • Requirement of functional safety systems specialized expertise for Implementation and maintenance)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the functional safety market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the functional safety market across varied regions
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the functional safety market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Schneider Electric (France), ABB (Switzerland), Honeywell International Inc. (US), Emerson Electric Co. (US), Rockwell Automation (US), General Electric (US), Siemens (Germany), Siemens (Germany), Stratasys (US), Omron Corporation (Japan), Yokogawa Electric Corporation (Japan), among others in the functional safety market.

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
    • 1.3.2 INCLUSIONS AND EXCLUSIONS
    • 1.3.3 YEARS CONSIDERED
  • 1.4 CURRENCY CONSIDERED
  • 1.5 UNIT CONSIDERED
  • 1.6 LIMITATIONS
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 List of key secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 List of primary interview participants
      • 2.1.2.2 Breakdown of primaries
      • 2.1.2.3 Key data from primary sources
      • 2.1.2.4 Key industry insights
    • 2.1.3 SECONDARY AND PRIMARY RESEARCH
  • 2.2 MARKET SIZE ESTIMATION METHODOLOGY
    • 2.2.1 BOTTOM-UP APPROACH
      • 2.2.1.1 Approach to arrive at market size using bottom-up analysis (demand side)
    • 2.2.2 TOP-DOWN APPROACH
      • 2.2.2.1 Approach to arrive at market size using top-down analysis (supply side)
  • 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
  • 2.4 RESEARCH ASSUMPTIONS
  • 2.5 RESEARCH LIMITATIONS
  • 2.6 RISK ANALYSIS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FUNCTIONAL SAFETY MARKET
  • 4.2 FUNCTIONAL SAFETY MARKET, BY DEVICE
  • 4.3 FUNCTIONAL SAFETY MARKET, BY SYSTEM
  • 4.4 FUNCTIONAL SAFETY MARKET, BY INDUSTRY
  • 4.5 FUNCTIONAL SAFETY MARKET, BY REGION
  • 4.6 FUNCTIONAL SAFETY MARKET, BY COUNTRY

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Enforcement of stringent safety regulations by government authorities
      • 5.2.1.2 Increasing investment in oil and gas plants to meet energy demand
      • 5.2.1.3 Mounting adoption of advanced safety solutions to prevent accidents in industrial facilities
      • 5.2.1.4 Rapid digital transformation to revolutionize traditional manufacturing
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High installation and maintenance costs
      • 5.2.2.2 Lack of awareness about safety devices
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Rising emphasis on occupational safety in developed countries
      • 5.2.3.2 Increasing deployment of IIoT technology in industries
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Complexities related to designing systems that comply with complex safety standards
      • 5.2.4.2 Shortage of skilled workforce
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.4 PROCESS FLOW ANALYSIS
  • 5.5 PRICING ANALYSIS
    • 5.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY DEVICE, 2023
    • 5.5.2 AVERAGE SELLING PRICE TREND, BY DEVICE, 2020-2023
    • 5.5.3 AVERAGE SELLING PRICE TREND, BY REGION, 2020-2023
  • 5.6 SUPPLY CHAIN ANALYSIS
  • 5.7 ECOSYSTEM ANALYSIS
  • 5.8 TECHNOLOGY ANALYSIS
    • 5.8.1 KEY TECHNOLOGIES
      • 5.8.1.1 Computer vision
      • 5.8.1.2 Cybersecurity solutions
      • 5.8.1.3 5G
      • 5.8.1.4 Automated machine learning
    • 5.8.2 COMPLEMENTARY TECHNOLOGIES
      • 5.8.2.1 IIoT
      • 5.8.2.2 Predictive maintenance tools
    • 5.8.3 ADJACENT TECHNOLOGIES
      • 5.8.3.1 Virtual reality
      • 5.8.3.2 Remote monitoring systems
  • 5.9 PATENT ANALYSIS
  • 5.10 TRADE ANALYSIS
    • 5.10.1 IMPORT SCENARIO (HS CODE 8481)
    • 5.10.2 EXPORT SCENARIO (HS CODE 8481)
  • 5.11 KEY CONFERENCES AND EVENTS, 2025-2026
  • 5.12 CASE STUDY ANALYSIS
    • 5.12.1 MP EQUIPMENT USES ALLEN BRADLEY GUARDMASTER SAFETY RELAYS TO PROVIDE STRUCTURED APPROACH TO SAFETY IMPLEMENTATION
    • 5.12.2 MP EQUIPMENT PARTNERS WITH ROCKWELL AUTOMATION TO REEVALUATE PROTEIN PORTIONING MACHINE DESIGN
    • 5.12.3 BP CHOSES EMERSON ELECTRIC CO.'S SAFETY SYSTEMS FOR OIL OVERSPILL PROTECTION
    • 5.12.4 FERTILIZER MANUFACTURER IN ASIA PACIFIC ADOPTS EMERSON ELECTRIC CO.'S INCUS ULTRASONIC SYSTEM TO IMPROVE GAS LEAK DETECTION
    • 5.12.5 EXIDA ESTABLISHES PROCEDURES TO SUPPORT IOWA FERTILIZER COMPANY IN MAINTENANCE AND OPERATION PHASE OF FUNCTIONAL SAFETY LIFECYCLE
  • 5.13 INVESTMENT AND FUNDING SCENARIO
  • 5.14 REGULATORY LANDSCAPE
    • 5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • 5.14.2 STANDARDS
  • 5.15 PORTER'S FIVE FORCES ANALYSIS
    • 5.15.1 THREAT OF NEW ENTRANTS
    • 5.15.2 THREAT OF SUBSTITUTES
    • 5.15.3 BARGAINING POWER OF SUPPLIERS
    • 5.15.4 BARGAINING POWER OF BUYERS
    • 5.15.5 INTENSITY OF COMPETITIVE RIVALRY
  • 5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
    • 5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • 5.16.2 BUYING CRITERIA
  • 5.17 IMPACT OF AI/GEN AI ON FUNCTIONAL SAFETY MARKET
    • 5.17.1 INTRODUCTION
    • 5.17.2 AI USE CASES

6 SIL TYPES FOR FUNCTIONAL SAFETY SYSTEMS

  • 6.1 INTRODUCTION
  • 6.2 SIL 2
  • 6.3 SIL 3
  • 6.4 SIL 4

7 SALES CHANNELS OF FUNCTIONAL SAFETY SYSTEMS

  • 7.1 INTRODUCTION
  • 7.2 DIRECT CHANNELS
  • 7.3 DISTRIBUTORS/RESELLERS
  • 7.4 SYSTEM INTEGRATORS

8 FUNCTIONAL SAFETY MARKET, BY APPLICATION

  • 8.1 INTRODUCTION
  • 8.2 ROBOTIC
    • 8.2.1 TRADITIONAL ROBOTS
      • 8.2.1.1 Escalating adoption in high-speed, high-force industrial environments to expedite segmental growth
    • 8.2.2 COLLABORATIVE ROBOTS
      • 8.2.2.1 Growing demand to ensure safe and dynamic human-robot collaborations to bolster segmental growth
  • 8.3 NON-ROBOTIC
    • 8.3.1 RISING FOCUS ON WORKER SAFETY AND ENVIRONMENTAL PROTECTION TO ACCELERATE SEGMENTAL GROWTH

9 FUNCTIONAL SAFETY MARKET, BY DEVICE

  • 9.1 INTRODUCTION
  • 9.2 SAFETY SENSORS
    • 9.2.1 RISING ADOPTION TO INTEGRATE AUTOMATED SYSTEMS AND TRACK TOOLS TO BOOST SEGMENTAL GROWTH
      • 9.2.1.1 Emergency stop sensors
      • 9.2.1.2 Temperature sensors
      • 9.2.1.3 Pressure sensors
      • 9.2.1.4 Gas sensors
  • 9.3 SAFETY CONTROLLERS/MODULES/RELAYS
    • 9.3.1 INCREASING USE TO MEET EXISTING SAFETY STANDARDS AND REDUCE RISKS TO ACCEPTABLE LEVEL TO FUEL SEGMENTAL GROWTH
  • 9.4 PROGRAMMABLE SAFETY SYSTEMS
    • 9.4.1 ESCALATING ADOPTION TO OFFER SIGNAL ANALYSIS, EQUIPMENT STATUS MONITORING, AND OTHER DIAGNOSTICS TO DRIVE MARKET
  • 9.5 SAFETY SWITCHES
    • 9.5.1 GROWING DEMAND DUE TO ABILITY TO SAFEGUARD EQUIPMENT AND PREVENT INJURIES TO AUGMENT SEGMENTAL GROWTH
  • 9.6 VALVES
    • 9.6.1 RISING APPLICATION IN INDUSTRIAL SECTORS TO CONTRIBUTE TO SEGMENTAL GROWTH
  • 9.7 ACTUATORS
    • 9.7.1 INCREASING USE IN OIL & GAS AND OTHER INDUSTRIES TO DRIVE MARKET
  • 9.8 EMERGENCY STOP DEVICES
    • 9.8.1 MOUNTING NEED FOR SAFETY MEASURES DUE TO HIGH INCIDENCE OF INDUSTRIAL ACCIDENTS TO FOSTER SEGMENTAL GROWTH
  • 9.9 OTHER DEVICES

10 FUNCTIONAL SAFETY MARKET, BY SERVICE

  • 10.1 INTRODUCTION
  • 10.2 TESTING, INSPECTION & CERTIFICATION
    • 10.2.1 INCREASING DEMAND FOR SAFETY-CERTIFIED SYSTEMS IN PROCESS INDUSTRIES TO BOOST SEGMENTAL GROWTH
    • 10.2.2 FAILURE MODES, EFFECTS, AND DIAGNOSTIC COVERAGE ANALYSIS (FMEDA)
    • 10.2.3 FAULT TREE ANALYSIS (FTA)
    • 10.2.4 EVENT TREE ANALYSIS (ETA)
    • 10.2.5 HAZARD & OPERABILITY STUDY (HAZOP)
  • 10.3 DESIGN, ENGINEERING & MAINTENANCE
    • 10.3.1 RISING EMPHASIS ON COMPLIANCE WITH SAFETY STANDARDS TO FUEL SEGMENTAL GROWTH
  • 10.4 TRAINING & CONSULTING SERVICES
    • 10.4.1 INCREASING NEED FOR HIGH-SKILLED AND TRAINED PERSONNEL TO MAINTAIN FUNCTIONAL SAFETY TO AUGMENT SEGMENTAL GROWTH

11 FUNCTIONAL SAFETY MARKET, BY SYSTEM

  • 11.1 INTRODUCTION
  • 11.2 EMERGENCY SHUTDOWN SYSTEMS
    • 11.2.1 RISING EMPHASIS ON INDUSTRIAL SAFETY AND OPERATIONAL RISK MITIGATION TO FUEL SEGMENTAL GROWTH
  • 11.3 FIRE & GAS MONITORING CONTROL SYSTEMS
    • 11.3.1 INCREASING NEED FOR ASSET PROTECTION ACROSS VARIOUS INDUSTRIES TO BOOST SEGMENTAL GROWTH
  • 11.4 TURBOMACHINERY CONTROL SYSTEMS
    • 11.4.1 GROWING ADOPTION OF ADVANCED POWER GENERATION TECHNOLOGIES TO CONTRIBUTE TO SEGMENTAL GROWTH
  • 11.5 BURNER MANAGEMENT SYSTEMS
    • 11.5.1 INCREASING COMPLEXITY OF INDUSTRIAL PROCESSES AND NEED FOR RELIABLE SYSTEMS TO PREVENT HAZARDOUS EVENTS TO DRIVE MARKET
  • 11.6 HIGH INTEGRITY PRESSURE PROTECTION SYSTEMS
    • 11.6.1 RISING DEMAND FOR RELIABLE SAFETY SOLUTIONS FOR PERSONNEL AND ASSET PROTECTION IN HIGH-PRESSURE ENVIRONMENTS TO SPUR SEGMENTAL GROWTH
  • 11.7 DISTRIBUTED CONTROL SYSTEMS
    • 11.7.1 RISING NEED FOR PROCESS OPTIMIZATION, AUTOMATION, AND SAFETY ACROSS VARIOUS INDUSTRIES TO FUEL SEGMENTAL GROWTH
  • 11.8 SUPERVISORY CONTROL & DATA ACQUISITION SYSTEMS
    • 11.8.1 INCREASING NEED TO IMPROVE OPERATIONAL EFFICIENCY AND REAL-TIME MONITORING OF CRITICAL INFRASTRUCTURE TO DRIVE MARKET

12 FUNCTIONAL SAFETY MARKET, BY INDUSTRY

  • 12.1 INTRODUCTION
  • 12.2 OIL & GAS
    • 12.2.1 UPSTREAM
      • 12.2.1.1 Growing emphasis on optimizing exploration, drilling, and extraction processes to bolster segmental growth
    • 12.2.2 MIDSTREAM
      • 12.2.2.1 Increasing focus on pipeline maintenance to avoid cracking and bursting to fuel segmental growth
    • 12.2.3 DOWNSTREAM
      • 12.2.3.1 Rising need to address challenges associated with refining, marketing, and distributing end products to drive market
  • 12.3 POWER GENERATION
    • 12.3.1 GROWING FOCUS ON ENERGY EFFICIENCY AND PRODUCTION OPTIMIZATION TO CONTRIBUTE TO SEGMENTAL GROWTH
  • 12.4 CHEMICALS
    • 12.4.1 RISING EMPHASIS ON COST REDUCTION AND TRANSPORTATION IMPROVEMENT TO FOSTER SEGMENTAL GROWTH
  • 12.5 FOOD & BEVERAGES
    • 12.5.1 GROWING AWARENESS ABOUT PENALTIES FOR NON-ADHERENCE TO SAFETY STANDARDS TO AUGMENT SEGMENTAL GROWTH
  • 12.6 WATER & WASTEWATER TREATMENT
    • 12.6.1 INCREASING ADOPTION OF SAFETY SOLUTIONS TO SAFEGUARD PERSONNEL AND PLANT ENVIRONMENTS FROM SYSTEM FAILURES TO DRIVE MARKET
  • 12.7 PHARMACEUTICALS
    • 12.7.1 GROWING FOCUS ON PREVENTING POTENTIAL HAZARDS AND ENSURING MACHINE SAFETY TO BOOST SEGMENTAL GROWTH
  • 12.8 METALS & MINING
    • 12.8.1 RISING IMPLEMENTATION OF STRINGENT SAFETY REGULATIONS TO CONTRIBUTE TO SEGMENTAL GROWTH
  • 12.9 AUTOMOTIVE
    • 12.9.1 INCREASING PREFERENCE FOR AUTONOMOUS VEHICLES TO ACCELERATE SEGMENTAL GROWTH
  • 12.10 AEROSPACE
    • 12.10.1 MOUNTING DEMAND FOR INCREASINGLY ADVANCED, AUTONOMOUS, AND INTERCONNECTED SYSTEMS TO FUEL SEGMENTAL GROWTH
  • 12.11 RAILWAYS
    • 12.11.1 INCREASING DEPLOYMENT OF SAFETY DEVICES TO MONITOR AND CONTROL SENSORS TO AUGMENT SEGMENTAL GROWTH
  • 12.12 MEDICAL
    • 12.12.1 RISING ADOPTION OF SAFETY SOLUTIONS TO CONTROL MANUFACTURING PROCESSES TO CONTRIBUTE TO SEGMENTAL GROWTH
  • 12.13 OTHER INDUSTRIES

13 FUNCTIONAL SAFETY MARKET, BY REGION

  • 13.1 INTRODUCTION
  • 13.2 EUROPE
    • 13.2.1 MACROECONOMIC OUTLOOK FOR EUROPE
    • 13.2.2 GERMANY
      • 13.2.2.1 Increasing deployment of Industry 4.0 to automate manufacturing operations to drive market
    • 13.2.3 UK
      • 13.2.3.1 Increasing commitment to maintaining safe operations in oil & gas sector to spur market growth
    • 13.2.4 FRANCE
      • 13.2.4.1 Rising concern about safety of chemical plants to augment market growth
    • 13.2.5 REST OF EUROPE
  • 13.3 NORTH AMERICA
    • 13.3.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
    • 13.3.2 US
      • 13.3.2.1 Rising implementation of industrial safety standards and guidelines to foster market growth
    • 13.3.3 CANADA
      • 13.3.3.1 Growing emphasis on maintaining safety and minimizing emissions in oil & gas sector to boost market growth
    • 13.3.4 MEXICO
      • 13.3.4.1 Increasing production of petroleum and other liquids to contribute to market growth
  • 13.4 ASIA PACIFIC
    • 13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
    • 13.4.2 CHINA
      • 13.4.2.1 Flourishing manufacturing sector and electric vehicle adoption to boost market growth
    • 13.4.3 JAPAN
      • 13.4.3.1 Rising emphasis on implementing smart factory systems to augment market growth
    • 13.4.4 INDIA
      • 13.4.4.1 Increasing focus on electricity projects to contribute to market growth
    • 13.4.5 SOUTH KOREA
      • 13.4.5.1 Rising implementation of stringent safety measures at workplace to prevent industrial accidents to drive market
    • 13.4.6 REST OF ASIA PACIFIC
  • 13.5 ROW
    • 13.5.1 MACROECONOMIC OUTLOOK FOR ROW
    • 13.5.2 MIDDLE EAST
      • 13.5.2.1 Rising oil and gas exploration activities to contribute to market growth
      • 13.5.2.2 GCC countries
      • 13.5.2.3 Rest of Middle East
    • 13.5.3 AFRICA
      • 13.5.3.1 Thriving power, chemicals, and mining industries to bolster market growth
    • 13.5.4 SOUTH AMERICA
      • 13.5.4.1 Increased adoption of automation solutions in industries to fuel market growth

14 COMPETITIVE LANDSCAPE

  • 14.1 OVERVIEW
  • 14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022-2024
  • 14.3 REVENUE ANALYSIS, 2019-2023
  • 14.4 MARKET SHARE ANALYSIS, 2023
  • 14.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
  • 14.6 PRODUCT COMPARISON
  • 14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    • 14.7.1 STARS
    • 14.7.2 EMERGING LEADERS
    • 14.7.3 PERVASIVE PLAYERS
    • 14.7.4 PARTICIPANTS
    • 14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
      • 14.7.5.1 Company footprint
      • 14.7.5.2 Region footprint
      • 14.7.5.3 Industry footprint
      • 14.7.5.4 Device footprint
      • 14.7.5.5 System footprint
  • 14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    • 14.8.1 PROGRESSIVE COMPANIES
    • 14.8.2 RESPONSIVE COMPANIES
    • 14.8.3 DYNAMIC COMPANIES
    • 14.8.4 STARTING BLOCKS
    • 14.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
      • 14.8.5.1 Detailed list of key startups/SMEs
      • 14.8.5.2 Competitive benchmarking of key startups/SMEs
  • 14.9 COMPETITIVE SCENARIO
    • 14.9.1 PRODUCT LAUNCHES
    • 14.9.2 DEALS
    • 14.9.3 EXPANSIONS
    • 14.9.4 OTHER DEVELOPMENTS

15 COMPANY PROFILES

  • 15.1 KEY PLAYERS
    • 15.1.1 SCHNEIDER ELECTRIC
      • 15.1.1.1 Business overview
      • 15.1.1.2 Products/Solutions/Services offered
      • 15.1.1.3 Recent developments
        • 15.1.1.3.1 Product launches
      • 15.1.1.4 MnM view
        • 15.1.1.4.1 Key strengths/Right to win
        • 15.1.1.4.2 Strategic choices
        • 15.1.1.4.3 Weaknesses/Competitive threats
    • 15.1.2 ABB
      • 15.1.2.1 Business overview
      • 15.1.2.2 Products/Solutions/Services offered
      • 15.1.2.3 Recent developments
        • 15.1.2.3.1 Product launches
        • 15.1.2.3.2 Deals
      • 15.1.2.4 MnM view
        • 15.1.2.4.1 Key strengths/Right to win
        • 15.1.2.4.2 Strategic choices
        • 15.1.2.4.3 Weaknesses/Competitive threats
    • 15.1.3 HONEYWELL INTERNATIONAL INC.
      • 15.1.3.1 Business overview
      • 15.1.3.2 Products/Solutions/Services offered
      • 15.1.3.3 Recent developments
        • 15.1.3.3.1 Product launches
        • 15.1.3.3.2 Expansions
      • 15.1.3.4 MnM view
        • 15.1.3.4.1 Key strengths/Right to win
        • 15.1.3.4.2 Strategic choices
        • 15.1.3.4.3 Weaknesses/Competitive threats
    • 15.1.4 EMERSON ELECTRIC CO.
      • 15.1.4.1 Business overview
      • 15.1.4.2 Products/Solutions/Services offered
      • 15.1.4.3 Recent developments
        • 15.1.4.3.1 Product launches
      • 15.1.4.4 MnM view
        • 15.1.4.4.1 Key strengths/Right to win
        • 15.1.4.4.2 Strategic choices
        • 15.1.4.4.3 Weaknesses/Competitive threats
    • 15.1.5 ROCKWELL AUTOMATION
      • 15.1.5.1 Business overview
      • 15.1.5.2 Products/Solutions/Services offered
      • 15.1.5.3 Recent developments
        • 15.1.5.3.1 Product launches
      • 15.1.5.4 MnM view
        • 15.1.5.4.1 Key strengths/Right to win
        • 15.1.5.4.2 Strategic choices
        • 15.1.5.4.3 Weaknesses/Competitive threats
    • 15.1.6 YOKOGAWA ELECTRIC CORPORATION
      • 15.1.6.1 Business overview
      • 15.1.6.2 Products/Solutions/Services offered
      • 15.1.6.3 Recent developments
        • 15.1.6.3.1 Product launches
        • 15.1.6.3.2 Other developments
    • 15.1.7 HIMA
      • 15.1.7.1 Business overview
      • 15.1.7.2 Products/Solutions/Services offered
      • 15.1.7.3 Recent developments
        • 15.1.7.3.1 Product launches
    • 15.1.8 GENERAL ELECTRIC COMPANY
      • 15.1.8.1 Business overview
      • 15.1.8.2 Products/Solutions/Services offered
    • 15.1.9 OMRON CORPORATION
      • 15.1.9.1 Business overview
      • 15.1.9.2 Products/Solutions/Services offered
    • 15.1.10 SIEMENS
      • 15.1.10.1 Business overview
      • 15.1.10.2 Products/Solutions/Services offered
    • 15.1.11 JOHNSON CONTROLS INC.
      • 15.1.11.1 Business overview
      • 15.1.11.2 Products/Solutions/Services offered
      • 15.1.11.3 Recent developments
        • 15.1.11.3.1 Product launches
        • 15.1.11.3.2 Expansions
    • 15.1.12 DEKRA
      • 15.1.12.1 Business overview
      • 15.1.12.2 Products/Solutions/Services offered
      • 15.1.12.3 Recent developments
        • 15.1.12.3.1 Other developments
    • 15.1.13 TUV RHEINLAND
      • 15.1.13.1 Business overview
      • 15.1.13.2 Products/Solutions/Services offered
      • 15.1.13.3 Recent developments
        • 15.1.13.3.1 Deals
    • 15.1.14 BALLUFF GMBH
      • 15.1.14.1 Business overview
      • 15.1.14.2 Products/Solutions/Services offered
    • 15.1.15 ENDRESS+HAUSER GROUP SERVICES AG
      • 15.1.15.1 Business overview
      • 15.1.15.2 Products/Solutions/Services offered
      • 15.1.15.3 Recent developments
        • 15.1.15.3.1 Deals
  • 15.2 OTHER KEY PLAYERS
    • 15.2.1 SLB
    • 15.2.2 VELAN INC.
    • 15.2.3 PALADON SYSTEMS S.R.L.
    • 15.2.4 INTERTEK GROUP PLC
    • 15.2.5 SGS GENERAL SURVEILLANCE COMPANY SA.
    • 15.2.6 WEIDMULLER INTERFACE GMBH & CO. KG
    • 15.2.7 SMC CORPORATION
    • 15.2.8 TEXAS INSTRUMENTS INCORPORATED
    • 15.2.9 WITTENSTEIN HIGH INTEGRITY SYSTEMS LTD
    • 15.2.10 IMAGINATION TECHNOLOGIES

16 APPENDIX

  • 16.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 16.2 DISCUSSION GUIDE
  • 16.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 16.4 CUSTOMIZATION OPTIONS
  • 16.5 RELATED REPORTS
  • 16.6 AUTHOR DETAILS

List of Tables

  • TABLE 1 FUNCTIONAL SAFETY MARKET: RISK ANALYSIS
  • TABLE 2 INDICATIVE PRICING OF FUNCTIONAL SAFETY SOLUTIONS OFFERED BY KEY PLAYERS, BY DEVICE, 2023 (USD)
  • TABLE 3 INDICATIVE PRICING OF FUNCTIONAL SAFETY SOLUTIONS, 2023 (USD)
  • TABLE 4 AVERAGE SELLING PRICE TREND OF FUNCTIONAL SAFETY SOLUTIONS, BY DEVICE, 2020-2023 (USD THOUSAND)
  • TABLE 5 ROLE OF COMPANIES IN FUNCTIONAL SAFETY ECOSYSTEM
  • TABLE 6 LIST OF MAJOR PATENTS, 2021-2023
  • TABLE 7 IMPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION)
  • TABLE 8 EXPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION)
  • TABLE 9 LIST OF KEY CONFERENCES & EVENTS, 2025-2026
  • TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 13 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 14 STANDARDS FOR FUNCTIONAL SAFETY DEVICES
  • TABLE 15 PORTER'S FIVE FORCES ANALYSIS
  • TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
  • TABLE 17 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
  • TABLE 18 FUNCTIONAL SAFETY MARKET, BY APPLICATION, 2020-2023 (USD MILLION)
  • TABLE 19 FUNCTIONAL SAFETY MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
  • TABLE 20 ROBOTIC: FUNCTIONAL SAFETY MARKET, BY ROBOT TYPE, 2020-2023 (USD MILLION)
  • TABLE 21 ROBOTIC: FUNCTIONAL SAFETY MARKET, BY ROBOT TYPE, 2024-2029 (USD MILLION)
  • TABLE 22 FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 23 FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 24 FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (THOUSAND UNITS)
  • TABLE 25 FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (THOUSAND UNITS)
  • TABLE 26 SAFETY SENSORS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 27 SAFETY SENSORS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 28 SAFETY CONTROLLERS/MODULES/RELAYS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 29 SAFETY CONTROLLERS/MODULES/RELAYS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 30 PROGRAMMABLE SAFETY SYSTEMS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 31 PROGRAMMABLE SAFETY SYSTEMS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 32 SAFETY SWITCHES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 33 SAFETY SWITCHES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 34 VALVES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 35 VALVES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 36 ACTUATORS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 37 ACTUATORS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 38 THREE COMMON TYPES OF EMERGENCY STOP DEVICES
  • TABLE 39 EMERGENCY STOP DEVICES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 40 EMERGENCY STOP DEVICES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 41 OTHER DEVICES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 42 OTHER DEVICES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 43 FUNCTIONAL SAFETY MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 44 FUNCTIONAL SAFETY MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 45 FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 46 FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 47 EMERGENCY SHUTDOWN SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 48 EMERGENCY SHUTDOWN SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 49 EMERGENCY SHUTDOWN SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 50 EMERGENCY SHUTDOWN SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 51 EMERGENCY SHUTDOWN SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 52 EMERGENCY SHUTDOWN SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 53 FIRE & GAS MONITORING CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 54 FIRE & GAS MONITORING CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 55 FIRE & GAS MONITORING CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 56 FIRE & GAS MONITORING CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 57 FIRE & GAS MONITORING CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 58 FIRE & GAS MONITORING CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 59 TURBOMACHINERY CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 60 TURBOMACHINERY CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 61 TURBOMACHINERY CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 62 TURBOMACHINERY CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 63 TURBOMACHINERY CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 64 TURBOMACHINERY CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 65 BURNER MANAGEMENT SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 66 BURNER MANAGEMENT SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 67 BURNER MANAGEMENT SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 68 BURNER MANAGEMENT SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 69 BURNER MANAGEMENT SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 70 BURNER MANAGEMENT SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 71 HIGH INTEGRITY PRESSURE PROTECTION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 72 HIGH INTEGRITY PRESSURE PROTECTION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 73 HIGH INTEGRITY PRESSURE PROTECTION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 74 HIGH INTEGRITY PRESSURE PROTECTION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 75 HIGH INTEGRITY PRESSURE PROTECTION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 76 HIGH INTEGRITY PRESSURE PROTECTION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 77 DISTRIBUTED CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 78 DISTRIBUTED CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 79 DISTRIBUTED CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 80 DISTRIBUTED CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 81 DISTRIBUTED CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 82 DISTRIBUTED CONTROL SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 83 SUPERVISORY CONTROL & DATA ACQUISITION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2020-2023 (USD MILLION)
  • TABLE 84 SUPERVISORY CONTROL & DATA ACQUISITION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY DEVICE, 2024-2029 (USD MILLION)
  • TABLE 85 SUPERVISORY CONTROL & DATA ACQUISITION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 86 SUPERVISORY CONTROL & DATA ACQUISITION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 87 SUPERVISORY CONTROL & DATA ACQUISITION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 88 SUPERVISORY CONTROL & DATA ACQUISITION SYSTEMS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 89 FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 90 FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 91 OIL & GAS: FUNCTIONAL SAFETY MARKET, BY STREAM, 2020-2023 (USD MILLION)
  • TABLE 92 OIL & GAS: FUNCTIONAL SAFETY MARKET, BY STREAM, 2024-2029 (USD MILLION)
  • TABLE 93 OIL & GAS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 94 OIL & GAS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 95 OIL & GAS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 96 OIL & GAS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 97 POWER GENERATION: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 98 POWER GENERATION: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 99 POWER GENERATION: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 100 POWER GENERATION: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 101 CHEMICALS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 102 CHEMICALS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 103 CHEMICALS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 104 CHEMICALS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 105 FOOD & BEVERAGES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 106 FOOD & BEVERAGES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 107 FOOD & BEVERAGES: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 108 FOOD & BEVERAGES: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 109 WATER & WASTEWATER TREATMENT: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 110 WATER & WASTEWATER TREATMENT: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 111 WATER & WASTEWATER TREATMENT: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 112 WATER & WASTEWATER TREATMENT: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 113 PHARMACEUTICALS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 114 PHARMACEUTICALS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 115 PHARMACEUTICALS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 116 PHARMACEUTICALS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 117 METALS & MINING: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 118 METALS & MINING: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 119 METALS & MINING: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 120 METALS & MINING: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 121 AUTOMOTIVE: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 122 AUTOMOTIVE: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 123 AUTOMOTIVE: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 124 AUTOMOTIVE: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 125 AEROSPACE: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 126 AEROSPACE: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 127 AEROSPACE: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 128 AEROSPACE: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 129 RAILWAYS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 130 RAILWAYS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 131 RAILWAYS: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 132 RAILWAYS: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 133 MEDICAL: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 134 MEDICAL: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 135 MEDICAL: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 136 MEDICAL: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 137 OTHER INDUSTRIES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 138 OTHER INDUSTRIES: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 139 OTHER INDUSTRIES: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 140 OTHER INDUSTRIES: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 141 FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 142 FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 143 EUROPE: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 144 EUROPE: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 145 EUROPE: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 146 EUROPE: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 147 EUROPE: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 148 EUROPE: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 149 NORTH AMERICA: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 150 NORTH AMERICA: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 151 NORTH AMERICA: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 152 NORTH AMERICA: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 153 NORTH AMERICA: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 154 NORTH AMERICA: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 155 ASIA PACIFIC: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 156 ASIA PACIFIC: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 157 ASIA PACIFIC: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 158 ASIA PACIFIC: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 159 ASIA PACIFIC: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 160 ASIA PACIFIC: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 161 ROW: FUNCTIONAL SAFETY MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 162 ROW: FUNCTIONAL SAFETY MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 163 MIDDLE EAST: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 164 MIDDLE EAST: FUNCTIONAL SAFETY MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 165 ROW: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
  • TABLE 166 ROW: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • TABLE 167 ROW: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
  • TABLE 168 ROW: FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • TABLE 169 FUNCTIONAL SAFETY MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2022-SEPTEMBER 2024
  • TABLE 170 FUNCTIONAL SAFETY MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 171 FUNCTIONAL SAFETY MARKET: REGION FOOTPRINT
  • TABLE 172 FUNCTIONAL SAFETY MARKET: INDUSTRY FOOTPRINT
  • TABLE 173 FUNCTIONAL SAFETY MARKET: DEVICE FOOTPRINT
  • TABLE 174 FUNCTIONAL SAFETY MARKET: SYSTEM FOOTPRINT
  • TABLE 175 FUNCTIONAL SAFETY MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 176 FUNCTIONAL SAFETY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 177 FUNCTIONAL SAFETY MARKET: PRODUCT LAUNCHES, JANUARY 2022-SEPTEMBER 2024
  • TABLE 178 FUNCTIONAL SAFETY MARKET: DEALS, JANUARY 2022-SEPTEMBER 2024
  • TABLE 179 FUNCTIONAL SAFETY MARKET: EXPANSIONS, JANUARY 2022-SEPTEMBER 2024
  • TABLE 180 FUNCTIONAL SAFETY MARKET: OTHER DEVELOPMENTS, JANUARY 2022-SEPTEMBER 2024
  • TABLE 181 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
  • TABLE 182 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 183 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
  • TABLE 184 ABB: COMPANY OVERVIEW
  • TABLE 185 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 186 ABB: PRODUCT LAUNCHES
  • TABLE 187 ABB: DEALS
  • TABLE 188 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
  • TABLE 189 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 190 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
  • TABLE 191 HONEYWELL INTERNATIONAL INC.: EXPANSIONS
  • TABLE 192 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
  • TABLE 193 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 194 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
  • TABLE 195 ROCKWELL AUTOMATION: COMPANY OVERVIEW
  • TABLE 196 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 197 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
  • TABLE 198 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
  • TABLE 199 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 200 YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES
  • TABLE 201 YOKOGAWA ELECTRIC CORPORATION: OTHER DEVELOPMENTS
  • TABLE 202 HIMA: COMPANY OVERVIEW
  • TABLE 203 HIMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 204 HIMA: PRODUCT LAUNCHES
  • TABLE 205 GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW
  • TABLE 206 GENERAL ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 207 OMRON CORPORATION: COMPANY OVERVIEW
  • TABLE 208 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 209 SIEMENS: COMPANY OVERVIEW
  • TABLE 210 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 211 JOHNSON CONTROLS INC.: COMPANY OVERVIEW
  • TABLE 212 JOHNSON CONTROLS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 213 JOHNSON CONTROLS INC.: PRODUCT LAUNCHES
  • TABLE 214 JOHNSON CONTROLS INC.: EXPANSIONS
  • TABLE 215 DEKRA: COMPANY OVERVIEW
  • TABLE 216 DEKRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 217 DEKRA: OTHER DEVELOPMENTS
  • TABLE 218 TUV RHEINLAND: COMPANY OVERVIEW
  • TABLE 219 TUV RHEINLAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 220 TUV RHEINLAND: DEALS
  • TABLE 221 BALLUFF GMBH: COMPANY OVERVIEW
  • TABLE 222 BALLUFF GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 223 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY OVERVIEW
  • TABLE 224 ENDRESS+HAUSER GROUP SERVICES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 225 ENDRESS+HAUSER GROUP SERVICES AG: DEALS

List of Figures

  • FIGURE 1 FUNCTIONAL SAFETY MARKET: RESEARCH DESIGN
  • FIGURE 2 FUNCTIONAL SAFETY MARKET: BOTTOM-UP APPROACH
  • FIGURE 3 FUNCTIONAL SAFETY MARKET: TOP-DOWN APPROACH
  • FIGURE 4 FUNCTIONAL SAFETY MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)
  • FIGURE 5 FUNCTIONAL SAFETY MARKET: DATA TRIANGULATION
  • FIGURE 6 FUNCTIONAL SAFETY MARKET: RESEARCH ASSUMPTIONS
  • FIGURE 7 FUNCTIONAL SAFETY MARKET, 2020-2029 (USD MILLION)
  • FIGURE 8 PROGRAMMABLE SAFETY SYSTEMS SEGMENT TO RECORD HIGHEST CAGR IN FUNCTIONAL SAFETY MARKET DURING FORECAST PERIOD
  • FIGURE 9 EMERGENCY SHUTDOWN SYSTEMS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024
  • FIGURE 10 DESIGN, ENGINEERING & MAINTENANCE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
  • FIGURE 11 NON-ROBOTIC SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2023
  • FIGURE 12 OIL & GAS SEGMENT TO DOMINATE FUNCTIONAL SAFETY MARKET BETWEEN 2024 AND 2029
  • FIGURE 13 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN FUNCTIONAL SAFETY MARKET FROM 2024 TO 2029
  • FIGURE 14 RISING IMPLEMENTATION OF STRICT MANDATES AND SAFETY REGULATIONS TO FUEL MARKET GROWTH DURING FORECAST PERIOD
  • FIGURE 15 SAFETY SENSORS TO CAPTURE LARGEST MARKET SHARE FROM 2024 TO 2029
  • FIGURE 16 FIRE & GAS MONITORING CONTROL SYSTEMS SEGMENT TO REGISTER HIGHEST CAGR FROM 2024 TO 2029
  • FIGURE 17 OIL & GAS SEGMENT TO CAPTURE LARGEST SHARE OF FUNCTIONAL SAFETY MARKET IN 2029
  • FIGURE 18 EUROPE TO DOMINATE FUNCTIONAL SAFETY MARKET DURING FORECAST PERIOD
  • FIGURE 19 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL FUNCTIONAL SAFETY MARKET FROM 2024 TO 2029
  • FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 21 IMPACT ANALYSIS: DRIVERS
  • FIGURE 22 IMPACT ANALYSIS: RESTRAINTS
  • FIGURE 23 IMPACT ANALYSIS: OPPORTUNITIES
  • FIGURE 24 IMPACT ANALYSIS: CHALLENGES
  • FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 26 PROCESS FLOW ANALYSIS
  • FIGURE 27 AVERAGE SELLING PRICE TREND OF FUNCTIONAL SAFETY SOLUTIONS OFFERED BY KEY PLAYERS, BY DEVICE, 2023
  • FIGURE 28 AVERAGE SELLING PRICE TREND OF FUNCTIONAL SAFETY SOLUTIONS, BY DEVICE, 2020-2023
  • FIGURE 29 AVERAGE SELLING PRICE TREND OF FUNCTIONAL SAFETY SOLUTIONS, BY REGION, 2020-2023
  • FIGURE 30 SUPPLY CHAIN ANALYSIS
  • FIGURE 31 ECOSYSTEM ANALYSIS
  • FIGURE 32 PATENT APPLIED AND GRANTED, 2014-2023
  • FIGURE 33 IMPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2019-2023
  • FIGURE 34 EXPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2019-2023
  • FIGURE 35 INVESTMENT AND FUNDING SCENARIO, 2020-2024
  • FIGURE 36 PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
  • FIGURE 38 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
  • FIGURE 39 AI USE CASES
  • FIGURE 40 PERCENTAGE CONTRIBUTIONS OF SIL TYPES FOR FUNCTIONAL SAFETY SYSTEMS, 2023
  • FIGURE 41 PERCENTAGE CONTRIBUTION OF SALES CHANNELS OF FUNCTIONAL SAFETY, 2023
  • FIGURE 42 NON-ROBOTIC SEGMENT ACCOUNTED FOR LARGER SHARE OF FUNCTIONAL SAFETY MARKET IN 2023
  • FIGURE 43 FUNCTIONAL SAFETY MARKET, BY DEVICE
  • FIGURE 44 SAFETY SENSORS SEGMENT TO HOLD LARGEST SHARE OF FUNCTIONAL SAFETY MARKET IN 2024
  • FIGURE 45 FUNCTIONAL SAFETY MARKET, BY SERVICE
  • FIGURE 46 FUNCTIONAL SAFETY MARKET, BY SYSTEM
  • FIGURE 47 EMERGENCY SHUTDOWN SYSTEMS SEGMENT TO CAPTURE LARGEST SHARE OF FUNCTIONAL SAFETY MARKET IN 2029
  • FIGURE 48 FUNCTIONAL SAFETY MARKET, BY INDUSTRY
  • FIGURE 49 OIL & GAS SEGMENT TO HOLD LARGEST SHARE OF FUNCTIONAL SAFETY MARKET IN 2029
  • FIGURE 50 FUNCTIONAL SAFETY MARKET, BY REGION
  • FIGURE 51 EUROPE: FUNCTIONAL SAFETY MARKET SNAPSHOT
  • FIGURE 52 GERMANY TO REGISTER HIGHEST CAGR IN EUROPEAN FUNCTIONAL SAFETY MARKET DURING FORECAST PERIOD
  • FIGURE 53 NORTH AMERICA: FUNCTIONAL SAFETY MARKET SNAPSHOT
  • FIGURE 54 US TO ACCOUNT FOR LARGEST SHARE OF NORTH AMERICAN FUNCTIONAL SAFETY MARKET IN 2024
  • FIGURE 55 ASIA PACIFIC: FUNCTIONAL SAFETY MARKET SNAPSHOT
  • FIGURE 56 CHINA TO DOMINATE ASIA PACIFIC FUNCTIONAL SAFETY MARKET BETWEEN 2024 AND 2029
  • FIGURE 57 MIDDLE EAST TO CAPTURE LARGEST SHARE OF ROW FUNCTIONAL SAFETY MARKET IN 2029
  • FIGURE 58 FUNCTIONAL SAFETY MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019-2023
  • FIGURE 59 MARKET SHARE ANALYSIS OF COMPANIES OFFERING FUNCTIONAL SAFETY SOLUTIONS, 2023
  • FIGURE 60 COMPANY VALUATION, 2024
  • FIGURE 61 FINANCIAL METRICS, 2024 (EV/EBITDA)
  • FIGURE 62 PRODUCT COMPARISON
  • FIGURE 63 FUNCTIONAL SAFETY MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 64 FUNCTIONAL SAFETY MARKET: COMPANY FOOTPRINT
  • FIGURE 65 FUNCTIONAL SAFETY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 66 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
  • FIGURE 67 ABB: COMPANY SNAPSHOT
  • FIGURE 68 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
  • FIGURE 69 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
  • FIGURE 70 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
  • FIGURE 71 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
  • FIGURE 72 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
  • FIGURE 73 OMRON CORPORATION: COMPANY SNAPSHOT
  • FIGURE 74 SIEMENS: COMPANY SNAPSHOT
  • FIGURE 75 JOHNSON CONTROLS INC.: COMPANY SNAPSHOT
  • FIGURE 76 DEKRA: COMPANY SNAPSHOT
  • FIGURE 77 TUV RHEINLAND: COMPANY SNAPSHOT
  • FIGURE 78 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY SNAPSHOT