Middle East and Africa Safety Instrumented Systems Market - By Components , Industry, Geography, Trends, Forecast - 2017 - 2022

  • ID: 4384803
  • Report
  • Region: Africa, Middle East
  • 108 pages
  • Mordor Intelligence
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The MEA Safety Instrumented Systems market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of XX.XX% during the forecast period of 2017 - 2022. Despite the global economic slowdown, the GDP growth of the Middle East and North Africa (MENA) is estimated to remain consistent between 3.1% and 3.3% for 2015 and 2016. The high technology exports are also growing at a steady rate, which could be viewed as an opportunity to invest in new markets.

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

The Middle East and Africa Instrumented Systems market is broadly segmented on the basis of types, verticals and geography. based on their type of component, the safety-instrumented systems market has been segmented into switches, sensors, and programmable safety devices (or) sensors, logic solvers and final control elements. Similarly, as per the classification 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). Based on its verticals, its applications can be explained under segments such as 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 Middle East and Africa Safety-Instrumented Systems Market are Industry Safety Standards, Rise in Global Automotive Manufacturing and Labor Union Force Safety Measures.

Challenges

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

This Report Offers:

1. Market Definition for the Safety-Instrumented Systems along with identification of key drivers and restraints for the market

2. Market analysis of Middle East and Africa Safety-Instrumented Systems market, with region specific assessments

3. Identification of factors instrumental in changing the market scenarios and in offering prospective opportunities

4. Identification of key companies which can influence the market on both the global and regional scales

5. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares

6. Identification and analysis of the Macro and Micro factors that affect the Middle East and Africa Safety Instrumented Systems market on both the global and regional scales

7. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
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1. Research Methodology
2. Executive Summary
3. MARKET OVERVIEW
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. MARKET DYNAMICS
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. Middle East and Africa Safety Instrumented Systems Market Products Market Segmentation, Forecasts and Trends
6.1 Middle East and Africa Market - 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa Market - Segmented By Region
6.4.1 The Middle East and Africa
6.4.1.1 United Arab Emirates
6.4.1.2 Saudi Arabia
6.4.1.3 South Africa
6.4.1.4 Israel
6.4.1.5 Qatar
6.4.1.6 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 Middle East and Africa Safety Instrumented Systems Market
11. Appendix
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