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The key factors driving the growth of the this market include mandatory functional safety standards and government policies, rising emphasis on proactive functional safety systems, and increasing demand for safety instrumented systems in the chemical and oil & gas industries.
Scope of the Report:
This report studies the Functional Safety market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Functional Safety market by product type and applications/end industries.
Safety sensors to hold the largest share of the functional safety.
The global Functional Safety market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Functional Safety.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
ABB
Emerson Electric
Rockwell Automation
Schneider Electric
Siemens
General Electric
Honeywell International
Omron
Endress+Hauser Management
Hima Paul Hildebrandt
Tuv Rheiland
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Safety Sensors
Safety PLCs
Safety Relays
Valves
Actuators
Market Segment by Applications, can be divided into
Chemical
Food And Drink
Water And Sewage
Pharmaceuticals
Biotechnology
Metals & Mining
Other
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Functional Safety Market Overview
1.1 Product Overview and Scope of Functional Safety
1.2 Classification of Functional Safety by Types
1.2.1 Global Functional Safety Revenue Comparison by Types (2017-2023)
1.2.2 Global Functional Safety Revenue Market Share by Types in 2017
1.2.3 Safety Sensors
1.2.4 Safety PLCs
1.2.5 Safety Relays
1.2.6 Valves
1.2.7 Actuators
1.3 Global Functional Safety Market by Application
1.3.1 Global Functional Safety Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Chemical
1.3.3 Food And Drink
1.3.4 Water And Sewage
1.3.5 Pharmaceuticals
1.3.6 Biotechnology
1.3.7 Metals & Mining
1.3.8 Other
1.4 Global Functional Safety Market by Regions
1.4.1 Global Functional Safety Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Functional Safety Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Functional Safety Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Functional Safety Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Functional Safety Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Functional Safety Status and Prospect (2013-2023)
1.5 Global Market Size of Functional Safety (2013-2023)
2 Manufacturers Profiles
2.1 ABB
2.1.1 Business Overview
2.1.2 Functional Safety Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 ABB Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.2 Emerson Electric
2.2.1 Business Overview
2.2.2 Functional Safety Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Emerson Electric Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.3 Rockwell Automation
2.3.1 Business Overview
2.3.2 Functional Safety Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Rockwell Automation Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.4 Schneider Electric
2.4.1 Business Overview
2.4.2 Functional Safety Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Schneider Electric Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.5 Siemens
2.5.1 Business Overview
2.5.2 Functional Safety Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Siemens Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.6 General Electric
2.6.1 Business Overview
2.6.2 Functional Safety Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 General Electric Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.7 Honeywell International
2.7.1 Business Overview
2.7.2 Functional Safety Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Honeywell International Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.8 Omron
2.8.1 Business Overview
2.8.2 Functional Safety Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Omron Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.9 Endress+Hauser Management
2.9.1 Business Overview
2.9.2 Functional Safety Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Endress+Hauser Management Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.10 Hima Paul Hildebrandt
2.10.1 Business Overview
2.10.2 Functional Safety Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Hima Paul Hildebrandt Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
2.11 Tuv Rheiland
2.11.1 Business Overview
2.11.2 Functional Safety Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Tuv Rheiland Functional Safety Revenue, Gross Margin and Market Share (2016-2017)
3 Global Functional Safety Market Competition, by Players
3.1 Global Functional Safety Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Functional Safety Players Market Share
3.2.2 Top 10 Functional Safety Players Market Share
3.3 Market Competition Trend
4 Global Functional Safety Market Size by Regions
4.1 Global Functional Safety Revenue and Market Share by Regions
4.2 North America Functional Safety Revenue and Growth Rate (2013-2018)
4.3 Europe Functional Safety Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Functional Safety Revenue and Growth Rate (2013-2018)
4.5 South America Functional Safety Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Functional Safety Revenue and Growth Rate (2013-2018)
5 North America Functional Safety Revenue by Countries
5.1 North America Functional Safety Revenue by Countries (2013-2018)
5.2 USA Functional Safety Revenue and Growth Rate (2013-2018)
5.3 Canada Functional Safety Revenue and Growth Rate (2013-2018)
5.4 Mexico Functional Safety Revenue and Growth Rate (2013-2018)
6 Europe Functional Safety Revenue by Countries
6.1 Europe Functional Safety Revenue by Countries (2013-2018)
6.2 Germany Functional Safety Revenue and Growth Rate (2013-2018)
6.3 UK Functional Safety Revenue and Growth Rate (2013-2018)
6.4 France Functional Safety Revenue and Growth Rate (2013-2018)
6.5 Russia Functional Safety Revenue and Growth Rate (2013-2018)
6.6 Italy Functional Safety Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Functional Safety Revenue by Countries
7.1 Asia-Pacific Functional Safety Revenue by Countries (2013-2018)
7.2 China Functional Safety Revenue and Growth Rate (2013-2018)
7.3 Japan Functional Safety Revenue and Growth Rate (2013-2018)
7.4 Korea Functional Safety Revenue and Growth Rate (2013-2018)
7.5 India Functional Safety Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Functional Safety Revenue and Growth Rate (2013-2018)
8 South America Functional Safety Revenue by Countries
8.1 South America Functional Safety Revenue by Countries (2013-2018)
8.2 Brazil Functional Safety Revenue and Growth Rate (2013-2018)
8.3 Argentina Functional Safety Revenue and Growth Rate (2013-2018)
8.4 Colombia Functional Safety Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Functional Safety by Countries
9.1 Middle East and Africa Functional Safety Revenue by Countries (2013-2018)
9.2 Saudi Arabia Functional Safety Revenue and Growth Rate (2013-2018)
9.3 UAE Functional Safety Revenue and Growth Rate (2013-2018)
9.4 Egypt Functional Safety Revenue and Growth Rate (2013-2018)
9.5 Nigeria Functional Safety Revenue and Growth Rate (2013-2018)
9.6 South Africa Functional Safety Revenue and Growth Rate (2013-2018)
10 Global Functional Safety Market Segment by Type
10.1 Global Functional Safety Revenue and Market Share by Type (2013-2018)
10.2 Global Functional Safety Market Forecast by Type (2018-2023)
10.3 Safety Sensors Revenue Growth Rate (2013-2023)
10.4 Safety PLCs Revenue Growth Rate (2013-2023)
10.5 Safety Relays Revenue Growth Rate (2013-2023)
10.6 Valves Revenue Growth Rate (2013-2023)
10.7 Actuators Revenue Growth Rate (2013-2023)
11 Global Functional Safety Market Segment by Application
11.1 Global Functional Safety Revenue Market Share by Application (2013-2018)
11.2 Functional Safety Market Forecast by Application (2018-2023)
11.3 Chemical Revenue Growth (2013-2018)
11.4 Food And Drink Revenue Growth (2013-2018)
11.5 Water And Sewage Revenue Growth (2013-2018)
11.6 Pharmaceuticals Revenue Growth (2013-2018)
11.7 Biotechnology Revenue Growth (2013-2018)
11.8 Metals & Mining Revenue Growth (2013-2018)
11.9 Other Revenue Growth (2013-2018)
12 Global Functional Safety Market Size Forecast (2018-2023)
12.1 Global Functional Safety Market Size Forecast (2018-2023)
12.2 Global Functional Safety Market Forecast by Regions (2018-2023)
12.3 North America Functional Safety Revenue Market Forecast (2018-2023)
12.4 Europe Functional Safety Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Functional Safety Revenue Market Forecast (2018-2023)
12.6 South America Functional Safety Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Functional Safety Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Functional Safety Picture
Table Product Specifications of Functional Safety
Table Global Functional Safety and Revenue (Million USD) Market Split by Product Type
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