$9.4 Billion Functional Safety Market & Competition Insights 2020-2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Functional Safety Market Size by Type of System, Device, Type of Application, and Geography" report has been added to ResearchAndMarkets.com's offering.

The Global Functional Safety Market was valued at USD 5,739.2 million in 2020 and is projected to reach USD 9,418.6 million by 2027, growing at a CAGR of 7.33% from 2020 to 2027.

In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The publisher narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged Market Research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The market is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

The study will provide valuable insights with an emphasis on the global market including major players.

Key Topics Covered

1 Introduction of Global Functional Safety Market

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

2 Executive Summary

3 Research Methodology

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

4 Global Functional Safety Market Outlook

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.4 Value Chain Analysis

4.5 Regulatory Framework

5 Global Functional Safety Market, by Type of System

5.1 Overview

5.2 Safety Instrumented Systems (SIS)

5.3 Industrial Control Systems

6 Global Functional Safety Market, by Device

6.1 Overview

6.2 Safety Sensors

6.3 Safety Controllers/Modules/Relays

6.4 Programmable Safety Systems

6.5 Safety Switches

6.6 Emergency Stop Devices

6.7 Final Control Elements

6.7.1 Valves

6.7.2 Actuators

6.8 Others

7 Global Functional Safety Market, by Type of Application

7.1 Overview

7.2 Process Industry

7.3 Discrete Industries

8 Global Functional Safety Market, by Geography

8.1 Overview

8.2 North America

8.2.1 U.S.

8.2.2 Canada

8.2.3 Mexico

8.3 Europe

8.3.1 Germany

8.3.2 U.K.

8.3.3 France

8.3.4 Rest of Europe

8.4 Asia-Pacific

8.4.1 China

8.4.2 Japan

8.4.3 India

8.4.4 Rest of Asia-Pacific

8.5 Latin America

8.5.1 Brazil

8.5.2 Argentina

8.6 Rest of the World

9 Global Functional Safety Market Competitive Landscape

9.1 Overview

9.2 Company Market Share

9.3 Vendor Landscape

9.4 Key Development Strategies

10 Company Profiles

10.1 Schneider Electric SE

10.2 Endress+Hauser Management AG

10.3 Hima Paul Hildebrandt GmbH + Co. KG

10.4 ABB Ltd.

10.5 TUV Rheiland AG

10.6 Siemens AG

10.7 General Electric Co.

10.8 Honeywell International Inc.

10.9 Emerson Electric Co.

10.10 Rockwell Automation, Inc.

10.11 Omron Corporation

10.12 Yokogawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/r/it2nh0