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The publisher has been monitoring the safety instrumented systems market and it is poised to grow by $ 1.17 bn during 2022-2026, progressing at a CAGR of 6.62% during the forecast period. The report on the safety instrumented systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the surge in usage in oil and gas, chemical, and other industries, and rising global automotive manufacturing.
The safety instrumented systems market analysis includes the application segment and geographic landscape.
The safety instrumented systems market is segmented as below:
By Application
- Emergency shutdown systems
- Fire and gas monitoring and control
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the government safety regulations for industries as one of the prime reasons driving the safety instrumented systems market growth during the next few years.
The report on safety instrumented systems market covers the following areas:
- Safety instrumented systems market sizing
- Safety instrumented systems market forecast
- Safety instrumented systems market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading safety instrumented systems market vendors that include ABB Ltd., Emerson Electric Co., HIMA GmbH, Honeywell International Inc., Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, SIS-TECH Solutions, and Yokogawa Electric Corp. Also, the safety instrumented systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Emergency shutdown systems - Market size and forecast 2021-2026
- Fire and gas monitoring and control - Market size and forecast 2021-2026
- Others - Market size and forecast 2021-2026
- Market opportunity by Application
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- North America - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity By Geographical Landscape
Drivers, Challenges, and Trends
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Competitive Landscape
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Emerson Electric Co.
- HIMA GmbH
- Honeywell International Inc.
- Rockwell Automation Inc.
- Schlumberger Ltd.
- Schneider Electric SE
- Siemens AG
- SIS-TECH Solutions
- Yokogawa Electric Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research Methodology
- List of abbreviations
List of Exhibits
- Key Finding 1
- Key Finding 2
- Key Finding 3
- Key Finding 5
- Key Finding 6
- Key Finding 7
- Key Finding 8
- Parent market
- Market characteristics
- Offerings of vendors included in the market definition
- Market segments
- Global - Market size and forecast 2021 - 2026 ($ million)
- Global market: Year-over-year growth 2021 - 2026 (%)
- Five forces analysis 2021 & 2026
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition - Five forces 2021
- Application - Market share 2021-2026 (%)
- Comparison by Application
- Emergency shutdown systems - Market size and forecast 2021-2026 ($ million)
- Emergency shutdown systems - Year-over-year growth 2021-2026 (%)
- Fire and gas monitoring and control - Market size and forecast 2021-2026 ($ million)
- Fire and gas monitoring and control - Year-over-year growth 2021-2026 (%)
- Others - Market size and forecast 2021-2026 ($ million)
- Others - Year-over-year growth 2021-2026 (%)
- Market opportunity by Application
- Customer landscape
- Market share By Geographical Landscape 2021-2026 (%)
- Geographic comparison
- APAC - Market size and forecast 2021-2026 ($ million)
- APAC - Year-over-year growth 2021-2026 (%)
- Europe - Market size and forecast 2021-2026 ($ million)
- Europe - Year-over-year growth 2021-2026 (%)
- North America - Market size and forecast 2021-2026 ($ million)
- North America - Year-over-year growth 2021-2026 (%)
- South America - Market size and forecast 2021-2026 ($ million)
- South America - Year-over-year growth 2021-2026 (%)
- MEA - Market size and forecast 2021-2026 ($ million)
- MEA - Year-over-year growth 2021-2026 (%)
- Key leading countries
- Market opportunity By Geographical Landscape ($ million)
- Impact of drivers and challenges
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key offerings
- ABB Ltd. - Key customers
- ABB Ltd. - Segment focus
- Emerson Electric Co. - Overview
- Emerson Electric Co. - Business segments
- Emerson Electric Co. - Key offerings
- Emerson Electric Co. - Key customers
- Emerson Electric Co. - Segment focus
- HIMA GmbH - Overview
- HIMA GmbH - Product and service
- HIMA GmbH - Key offerings
- HIMA GmbH - Key customers
- HIMA GmbH - Segment focus
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Key customers
- Honeywell International Inc. - Segment focus
- Rockwell Automation Inc. - Overview
- Rockwell Automation Inc. - Business segments
- Rockwell Automation Inc. - Key offerings
- Rockwell Automation Inc. - Key customers
- Rockwell Automation Inc. - Segment focus
- Schlumberger Ltd. - Overview
- Schlumberger Ltd. - Business segments
- Schlumberger Ltd. - Key offerings
- Schlumberger Ltd. - Key customers
- Schlumberger Ltd. - Segment focus
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Key customers
- Schneider Electric SE - Segment focus
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key offerings
- Siemens AG - Key customers
- Siemens AG - Segment focus
- SIS-TECH Solutions - Overview
- SIS-TECH Solutions - Product and service
- SIS-TECH Solutions - Key offerings
- SIS-TECH Solutions - Key customers
- SIS-TECH Solutions - Segment focus
- Yokogawa Electric Corp. - Overview
- Yokogawa Electric Corp. - Business segments
- Yokogawa Electric Corp. - Key offerings
- Yokogawa Electric Corp. - Key customers
- Yokogawa Electric Corp. - Segment focus
- Currency conversion rates for US$
- Research Methodology
- Validation techniques employed for market sizing
- Information sources
- List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global safety instrumented systems market: ABB Ltd., Emerson Electric Co., HIMA GmbH, Honeywell International Inc., Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, SIS-TECH Solutions, and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is government safety regulations for industries.`
According to the report, one of the major drivers for this market is the surge in usage in oil and gas, chemical, and other industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Emerson Electric Co.
- HIMA GmbH
- Honeywell International Inc.
- Rockwell Automation Inc.
- Schlumberger Ltd.
- Schneider Electric SE
- Siemens AG
- SIS-TECH Solutions
- Yokogawa Electric Corp.