市場調查報告書
商品編碼
1481390
全球功能安全市場規模、佔有率、成長分析,依組件(安全感測器、安全 PLC)、依系統(燃燒器管理系統、緊急關閉系統)、最終用戶 - 2024-2031 年產業預測Global Functional Safety Market Size, Share, Growth Analysis, By Component(Safety Sensors, Safety PLCs ), By System(Burner Management Systems, Emergency Shutdown Systems ), By End-User - Industry Forecast 2024-2031 |
2022年全球功能安全市場規模為50億美元,預計將從2023年的55.2億美元成長到2031年的122.6億美元,預測期內(2024-2031年)複合年成長率為10.48%。
由於行業安全需求不斷成長,特別是在製造、汽車和能源等行業,全球功能安全市場正在經歷顯著成長。對符合嚴格法規的先進安全系統的需求不斷成長,加上物聯網和人工智慧等當前技術進步的整合,是這一成長的關鍵驅動力。然而,這些進步也帶來了課題,包括實施複雜性以及遵守功能安全標準的相關高成本。產業主要參與者之間的激烈競爭促使供應商專注於創新並建立策略性業務夥伴關係。北美和歐洲等大型地域市場明顯存在巨大的擴張機會,其中亞太地區顯示出廣闊的成長潛力。這一趨勢表明,人們正在轉向符合不斷發展的技術要求的整合安全解決方案。
Global functional safety market size was valued at USD 5 billion in 2022 and is poised to grow from USD 5.52 billion in 2023 to USD 12.26 billion by 2031, growing at a CAGR of 10.48% in the forecast period (2024-2031).
The global market for functional safety is experiencing notable growth driven by increasing demands for industry safety, particularly in sectors such as manufacturing, automotive, and energy. The rise in demand for advanced safety systems that comply with stringent regulations, coupled with the integration of current technological advancements like IoT and AI, serves as key drivers for this growth. However, these advancements also pose challenges, including implementation complexities and the associated high costs of compliance with functional safety standards. Intense competition among major players in the industry has led vendors to focus on innovation and forming strategic business partnerships. Significant opportunities for expansion are evident in large geographical markets such as North America and Europe, with the Asia Pacific region showing promising potential for growth. This trend indicates a shift towards integrated safety solutions that align with evolving technological requirements.
Top-down and bottom-up approaches were used to estimate and validate the size of the functional safety market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Functional Safety Market Segmental Analysis
The global functional safety market is segmented based on component, system, end-user, and region. By type, the market is segmented into safety sensors, safety PLCs (programmable logic controllers), safety relays, safety switches, emergency stop devices. By system, the market is segmented into burner management systems (BMS), emergency shutdown systems (ESD), high-integrity pressure protection systems (HIPPS), industrial control systems (ICS). By end-user, the market is segmented into oil and gas, chemicals, energy and power, automotive, aerospace, manufacturing, and pharmaceutical. By region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Drivers of the Global Functional Safety Market
The increasing emphasis on workplace safety across various industries, particularly manufacturing, oil and gas, and automotive, has fueled the demand for reliable functional safety solutions. Stringent regulations and standards compel companies to bolster safety measures to mitigate risks and ensure compliance. By incorporating Industry 4.0 technologies such as IoT and AI into industrial processes, safety systems are upgraded, enhancing their functionality and increasing their adoption rate.
Restraints in the Global Functional Safety Market
The adoption of functional safety standards presents a significant challenge within the safety market. Organizations encounter difficulties in navigating through complex safety guidelines, leading to potential delays and additional expenses. The upfront costs associated with implementing robust functional safety measures can pose a barrier, especially for small businesses.
Market Trends of the Global Functional Safety Market
Incorporating functional safety into emerging technologies like the industrial internet of things (IIoT) and artificial intelligence (AI) enhances the effectiveness of safety systems. This integration facilitates real-time monitoring and predictive capabilities, improving overall safety measures. Additionally, there is a growing convergence between security and cybersecurity to address the increasingly complex challenges faced by connected industrial systems. Furthermore, the adoption of common platforms and procedures aims to enhance accessibility and ensure consistent implementation of functional safety systems across various applications.