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Functional Safety is a type of engineering that focuses on the safety of systems and processes. It is a proactive approach to safety that involves the design, implementation, and maintenance of safety-critical systems. It is used in a variety of industries, including automotive, aerospace, medical, and industrial. Functional Safety is based on the principles of hazard identification, risk assessment, and risk mitigation. It involves the use of safety-related components, such as sensors, controllers, and actuators, to detect and respond to hazardous conditions. It also involves the use of safety protocols, such as safety integrity levels, to ensure that safety-critical systems are designed and operated in a safe manner. Some of the companies in the Functional Safety market include ABB, Siemens, Rockwell Automation, Honeywell, Schneider Electric, and Emerson. Show Less Read more