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全球功能安全市场：安全感测器、安全光栅、安全控制器、可程式安全系统、安全开关、TIC 分析类型、机器人 - 预测（~2029 年）
市场调查报告书
商品编码
1609388

全球功能安全市场：安全感测器、安全光栅、安全控制器、可程式安全系统、安全开关、TIC 分析类型、机器人 - 预测（~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 | 订单完成后即时交付

价格

2024年全球功能安全市场规模为58.834亿美元，预计2029年将达78.967亿美元，预测期内复合年增长率为6.1%。

旨在预防事故的先进安全解决方案的日益采用正在推动功能安全市场的发展。另一方面，高昂的安装和维护成本正在限制功能安全市场的成长。

调查范围
调查年份 2020-2029
基准年 2023年
预测期 2024-2029
单元 10亿美元
部分 设备、服务、系统、应用、产业、区域
目标区域 北美、欧洲、亚太等地区

“预计紧急关闭系统（ESD）领域将在预测期内占据最大的市场占有率。”

ESD 系统用于管理紧急情况，特别是在储存危险材料的区域，导致碳氢化合物释放、无法控制的洪水、火灾爆发等。此类紧急情况可能导致工厂、设备和装置关闭。在 Concha 中，ESD 相关感测器捕获特定条件，逻辑控制器作用于这些感测器，使最终产品（例如阀门或泵浦）达到安全状态。如果出现问题，ESD 系统会以受控方式切断流程电源。

此外，ESD 系统在石油和天然气、化学、发电、製造和水处理等各个领域都至关重要。当发生洩漏、火灾或系统故障等情况时，我们会迅速采取行动关闭设备、保护工人并遵守各种安全措施和规范。

“在预测期内，非机器人应用预计将占据功能安全的最大市场占有率。”

非机器人应用的功能安全市场预计将在预测期内占据最大的市场占有率，因为功能安全更为重要，并且通常服务于製造业、石油和天然气行业以及发电行业等高风险行业。这包括 IEC 61508/61511 等监管要求以及管理许多安全关键系统的使用以及保护资产和设备的需要的其他法规。

“到 2024 年，石油和天然气领域可能会占据最大的市场规模。”

石油和天然气产业面临多种风险和危害，可能对人员、财产和环境造成严重危害。业界部署了各种类型的安全仪器系统 (SIS) 以实现功能安全。例如，紧急关闭（ESD）系统可以关闭多个系统和设备以减少紧急情况的影响。它还将碳氢化合物库存、电子机械、紧急鼓风机和通风系统分开，以确保在发生火灾时做出适当的反应。

此外，高级压力保护系统 (HIPPS) 还可保护管道、容器和工艺包免受超压影响。提供功能安全系统和设备的行业参与企业包括 ABB Ltd、西门子和施耐德电气。

“在预测期内，德国将占据欧洲最高的市场占有率。”

在德国，机械和功能安全措施在各种监管标准下都严格遵守。 IEC 61508 标准已被德国标准化研究所 (DIN) 采用并发布为 DIN EN 61508。在欧洲供应和运作的设备必须符合此功能安全标准。该国现有的国家监管标准和欧盟指令正在增加对安全相关系统的需求，并推动功能安全市场的成长。

本报告研究和分析了全球功能安全市场，提供了关键驱动因素和限制因素、竞争格局和未来趋势的资讯。

目录

第一章简介

第二章调查方法

第三章执行摘要

第 4 章重要考察

  • 功能安全市场对公司有吸引力的机会
  • 功能安全市场：依设备分类
  • 功能安全市场：依系统分类
  • 功能安全市场：依产业分类
  • 功能安全市场：按地区
  • 功能安全市场：依国家分类

第五章市场概况

  • 介绍
  • 市场动态
    • 促进因素
    • 抑制因素
    • 机会
    • 任务
  • 影响客户业务的趋势/干扰
  • 製程流程分析
  • 价格分析
    • 主要企业平均售价趋势：依设备分类（2023年）
    • 平均销售价格趋势：依设备分类（2020-2023）
    • 平均销售价格趋势：按地区（2020-2023）
  • 供应链分析
  • 生态系分析
  • 技术分析
    • 主要技术
    • 互补技术
    • 邻近技术
  • 专利分析
  • 贸易分析
    • 进口场景（HS编码8481）
    • 出口场景（HS编码8481）
  • 主要会议和活动（2025-2026）
  • 案例研究分析
  • 投资金筹措场景
  • 监管环境
    • 监管机构、政府机构和其他组织
    • 标准
  • 波特五力分析
  • 主要相关利益者和采购标准
  • 人工智慧/产生人工智慧对功能安全市场的影响
    • 介绍
    • 人工智慧用例

第 6 章 功能安全系统的 SIL 类型

  • 介绍
  • SIL 2
  • SIL 3
  • SIL 4

第七章 功能安全系统销售管道

  • 介绍
  • 直接管道
  • 分销商/经销商
  • 系统整合商

第八章功能安全市场：依应用分类

  • 介绍
  • 机器人
    • 传统机器人
    • 协作机器人
  • 非机器人

第九章功能安全市场：依设备分类

  • 介绍
  • 安全感应器
  • 安全控制器/模组/继电器
  • 可程式安全系统
  • 安全开关
  • 阀门
  • 致动器
  • 紧急停止装置
  • 其他设备

第10章功能安全市场：依服务分类

  • 介绍
  • 测试、检验和认证
  • 设计、工程和维护
  • 培训和咨询服务

第十一章功能安全市场：依系统分类

  • 介绍
  • 紧急停止系统
  • 火灾/气体监控控制系统
  • 涡轮机械控制系统
  • 燃烧器管理系统
  • 先进的压力保护系统
  • 集散控制系统
  • 监控/资料采集系统

第十二章功能安全市场：依产业分类

  • 介绍
  • 石油和天然气
    • 上游
    • 中产阶级
    • 下游
  • 发电
  • 化学品
  • 食品/饮料
  • 水/污水处理
  • 药品
  • 金属/矿业
  • 车
  • 航太
  • 铁路
  • 医疗保健
  • 其他行业

第十三章功能安全市场：按地区

  • 介绍
  • 欧洲
    • 欧洲宏观经济展望
    • 德国
    • 英国
    • 法国
    • 欧洲其他地区
  • 北美洲
    • 北美宏观经济展望
    • 美国
    • 加拿大
    • 墨西哥
  • 亚太地区
    • 亚太宏观经济展望
    • 中国
    • 日本
    • 印度
    • 韩国
    • 其他亚太地区
  • 其他领域
    • 其他地区宏观经济展望
    • 中东
    • 非洲
    • 南美洲

第14章竞争格局

  • 概述
  • 主要参与企业的策略/优势（2022-2024）
  • 收益分析（2019-2023）
  • 市场占有率分析（2023）
  • 企业评价及财务指标（2024年）
  • 产品比较
  • 企业评价矩阵：主要企业（2023年）
  • 公司评估矩阵：Start-Ups/中小企业（2023）
  • 竞争场景

第十五章 公司简介

  • 主要企业
    • 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
  • 其他主要企业
    • 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

第十六章附录

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