Global Functional Safety Market Analysis & Trends 2014-2016 & Industry Forecast 2017-2025

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The Global Functional Safety market is poised to grow at a CAGR of around 7.9% over the next decade to reach approximately $432.88 billion by 2025

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies for the existing players, new entrants and the future investors.

Some of the prominent trends the market is observing include huge demand of smart phones and devices, rise in demand for computer, web and mobile apps in the market, broader scope in improving, establishing and managing the mobile app lifecycle, developments in adoption of safety systems in power generation plants and growth of functional safety in pharmaceuticals and biotech sectors.

Report Highlights:

  • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
  • Market forecasts till 2025, using estimated market values as the base numbers
  • Key market trends across the business segments, Regions and Countries
  • Key developments and strategies observed in the market
  • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
  • In-depth company profiles of key players and upcoming prominent players
  • Growth prospects among the emerging nations through 2025
  • Market opportunities and recommendations for new investments

Key Topics Covered:

1 Market Outline

2 Executive Summary

3 Market Overview
3.1 Current Trends
3.1.1 Huge demand of smart phones and devices
3.1.2 Rise in demand for computer, web and mobile apps in the market
3.1.3 Broader scope in improving, establishing and managing the mobile app lifecycle
3.1.4 Developments in adoption of safety systems in power generation plants
3.1.5 Growth of functional safety in Pharmaceuticals and Biotech sectors
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry

4 Global Functional Safety Market, By Device
4.1 Safety Sensors
4.2 Safety Switches
4.3 Safety Controllers/Modules/Relays
4.4 Programmable Safety Systems
4.5 Emergency Stop Devices
4.6 Final Control Elements
4.6.1 Valves
4.6.2 Actuators
4.7 Other Devices

5 Global Functional Safety Market, By Application
5.1 Process Industry
5.1.1.1 Oil & Gas
5.1.2.1 Power Generation
5.1.3.1 Chemical
5.1.4.1 Food and Beverages
5.1.5.1 Water and Wastewater
5.1.6.1 Pharmaceutical and Biotech
5.1.7.1 Metal & Mining
5.2 Discrete Industries
5.2.1.1 Automotive
5.2.1.2 Railways
5.2.1.3 Medical
5.2.1.4 Other Applications

6 Global Functional Safety Market, By System
6.1 Safety Instrumented Systems
6.1.1.1 Emergency Shutdown Systems (ESD)
6.1.1.2 Turbo machinery Control (TMC)
6.1.1.3 Fire & Gas Monitoring Control
6.1.1.4 Burner Management Systems (BMS)
6.1.1.5 High-Integrity Pressure Protection Systems (HIPPS)
6.2 Industrial Control Systems
6.2.1 Distributed Control Systems (DCS)
6.2.2 Supervisory Control And Data Acquisition ( Functional Safety ) Systems

7 Global Functional Safety Market, By Geography

9 Leading Companies
9.1 ABB Ltd.
9.2 Siemens AG
9.3 Rockwell Automation, Inc.
9.4 Emerson Electric Co.
9.5 Honeywell International Inc.
9.6 Endress+Hauser Management AG
9.7 Omron Corporation
9.8 Hima Paul Hildebrandt GmbH + Co Kg
9.9 Yokogawa Electric Corporation
9.10 General Electric Co.
9.11 TUV Rheiland AG
9.12 Balluf Inc.
9.13 Mangan Software Solutions
9.14 Schneider Electric SE
9.15 Intel Corporation

For more information about this report visit https://www.researchandmarkets.com/research/9hkqs5/global_functional

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