Asia Pacific Safety Instrumented Systems Market - By Types, Verticals, Countries and Vendors - Market Trends and Forecasts (2016 - 2021)

  • ID: 3804060
  • Report
  • Region: Asia, Asia Pacific
  • 78 pages
  • Mordor Intelligence
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The growing labor employment in the Asia-Pacific region, the most observed in the construction sector definitely calls for the adoption of more safety measures to prevent fatal accidents in the major industrial sectors. Every year more than one million people die from occupational accidents in Asia-Pacific region. Unfortunately, the ones most affected by these disasters are the poorest, least protected, least informed and least trained labor. Women, children, disabled workers, migrant workers, and ethnic minorities are often involved in such severe hazardous situations. The Asia-Pacific Safety Instrumented Systems market is estimated to be worth $xx billion in 2015 and is projected to grow at a CAGR of xx.xx% during the forecast period to reach $xx billion by the year, 2020

Occupational or industrial accidents affect not only the lives of individual workers, but also the productivity and profitability of their enterprises and ultimately the welfare of their entire societies. Government employees, workers and employers in and around the Asia and the Pacific sphere are increasing their efforts to prevent accidents and diseases in almost all the emerging and developing industrial sectors.

The various operations in industrial processes involve many risks, especially in the Chemicals & Gases sectors. The usage of these safety-instrumented systems is to ensure protection of the personnel, equipment and environment. A safety-instrumented system is designed to safeguard all the industrial processes.

The foreign investment scenario in the Asia-Pacific market is growing steadily since 2012 and so is its GDP per capita. This ultimately indicates a very progressive overall economy, irrespective of its partially depleting GDP growth rate that should improve very soon. The growing electric power consumption since 2010 is a positive indication, which also has a share of impact on the requirements of Safety Instrumented Systems and its market.

The Asia-Pacific Instrumented Systems market is broadly segmented based on types, end-users and geography. Based on the type of components, the safety instrumented systems market is segmented into switches, sensors, and programmable safety devices (or) sensors, logic solvers, and final control elements. Similarly, on the basis of product types, the same has been segmented into Emergency Shutdown Systems (ESD), Safety Interlock Systems, Safety Shutdown Systems (SSD), Fire & Gas monitoring and control, High-Integrity Pressure Protection Systems (HIPPS), Burner Management Systems (BMS), and Turbo Machinery Control (TMC). Finally, based on its verticals, the applications of Asia-Pacific instrumented systems are explained under segments like Chemicals & Petroleum Refinery, Energy & Power, Manufacturing, Pharmaceuticals, Mining, Oil & Gas, and others. Some of the market players mentioned in the report are Rockwell Automation, Siemens, ABB, GE, Schneider Electric, Emerson Process Management and more.


The key factors contributing to the growth of Asia-Pacific Safety Instrumented Systems Market are Industry Safety Standards, Rise in Global Automotive Manufacturing, and Labor Union Force Safety Measures.


Lack of Awareness & Complexity of Standards, Low Response Rate, Product Costs, and Operational Costs are the key challenges of the Safety Instrumented Systems Market.

What the report offers:

- Market Definition for the Safety Instrumented Systems along with identification of key drivers and restraints for the market
- Market analysis of Safety Instrumented Systems market, with region specific assessments
- Identification of factors instrumental in changing the market scenarios, offering prospective opportunities and the identification of key companies, which can influence the market on the global and regional scales
- Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares
- Identification and analysis of the Macro and Micro factors that affect the Asia Pacific Safety Instrumented Systems market on both the global and regional fronts
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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1. Research Methodology

2. Executive Summary


3.1 Overview

3.2 Industry Value Chain Analysis

3.3 Industry Attractiveness - Porter's 5 Force Analysis

3.3.1 Bargaining Power of Suppliers

3.3.2 Bargaining Power of Consumers

3.3.3 Threat from new entrants

3.3.4 Threat from substitute products

3.3.5 Competitive rivalry within the industry

3.4 Industry Policies


4.1 Introduction

4.2 Drivers

4.2.1 Industry Safety Standards

4.2.2 Rise in Global Automotive Manufacturing

4.2.3 Labor Union Force Safety Measures

4.3 Restraints

4.3.1 Lack of Awareness & Complexity of Standards

4.3.2 Low Response Rate

4.3.3 Product Costs

4.3.4 Operational Costs

4.4 Opportunities

4.4.1 Technological Advancements

4.4.2 Strong SIS Service Growth

5. Technology Snapshot

6. Asia PacificSafety Instrumented Systems Market Products Market Segmentation, Forecasts and Trends

6.1 Asia Pacific - Segmented By Components

6.1.1 Sensors

6.1.2 Switches

6.1.3 Programmable Devices

6.1.4 Actuators and Valves

6.1.5 Others

6.2 Asia Pacific Market - Segmented By Products

6.2.1 Emergency Shutdown Systems (ESD)

6.2.2 Safety Interlock Systems

6.2.3 Safety Shutdown Systems (SSD)

6.2.4 Fire & Gas Monitoring and Control

6.2.5 High Integrity Pressure Protection Systems (HIPPS)

6.2.6 Burner Management Systems (BMS)

6.2.7 Turbo Machinery Control (TMC)

6.3 Asia Pacific Market - Segmented By End Users

6.3.1 Chemicals & Petroleum Refinery

6.3.2 Energy & Power

6.3.3 Manufacturing

6.3.4 Pharmaceutical

6.3.5 Mining

6.3.6 Oil & Gas

6.3.7 Others

6.4 Asia Pacific Market - Segmented By Countries

6.4.1 Asia Pacific China India Japan South Korea Australia Others

7. Vendor Market Share Analysis

8. Competitive Intelligence - Company Profiles

8.1 Siemens

8.2 ABB Ltd

8.3 Emerson Process Management

8.4 General Electric Company

8.5 HIMA Paul Hildebrandt GmbH

8.6 Honeywell International, Inc.

8.7 Schneider Electric SE

8.8 Yokogawa Electric Corporation

8.9 OMRON Corporation

8.10 Johnson Controls, Inc

8.11 Tyco International Plc

9. Investment Analysis

9.1 Investment Scenario and Opportunities

10. Future of Asia Pacific Safety Instrumented Systems Market

11. Appendix
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