Industrial Safety Market worth $3.76 Billion by 2020 - PowerPoint PPT Presentation

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Industrial Safety Market worth $3.76 Billion by 2020

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the total Industrial Safety Market was valued at $2.03 billion in 2014 and is expected to reach $3.76 billion by 2020, at an estimated CAGR of 11.06% between 2015 and 2020. – PowerPoint PPT presentation

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Title: Industrial Safety Market worth $3.76 Billion by 2020


1
MarketsandMarkets Presents
Analysis of Industrial Safety Market
worth 3.76 Billion by 2020
http//www.marketsandmarkets.com/Market-Reports/sa
fety-instrumented-system-market-19720540.html
2
  • According to a new market research Industrial
    Safety Market by Component (Switches, Sensors,
    and Programmable Safety Devices), by Product
    (ESD, FG, and HIPPS), by Application (Chemical,
    Oil Gas, and Power Generation), and by
    Geography - Global Trends Forecasts to 2014 -
    2020 , the total Industrial Safety Market was
    valued at 2.03 billion in 2014 and is expected
    to reach 3.76 billion by 2020, at an estimated
    CAGR of 11.06 between 2015 and 2020.
  • Browse 73 market data tables and 81 figures
    spread through 182 pages and in-depth TOC on
    Industrial Safety Market - Global Trends
    Forecasts to 2014 - 2020"http//www.marketsandmar
    kets.com/Market-Reports/safety-instrumented-system
    -market-19720540.htmlEarly buyers will receive
    10 customization on reports.

3
  • The operation of many industrial processes
    involves characteristic risks due to the
    dangerous materials involved such as gases and
    chemicals. Industrial Safety Market are
    explicitly designed to protect personnel,
    equipment, and the environment by minimising the
    likelihood (frequency) or the impact severity of
    an identified emergency event. Safety regulations
    by government have led to a significant growth in
    safety instrumented products. Machine safety
    regulations such as EU Machinery Directives and
    North Americas OSHA standards have been strong
    drivers for the growth of the SIS market. In the
    report, this market has been categorized on the
    basis of products, namely emergency shutdown
    systems, fire and gas monitoring and control,
    high integrity pressure protection systems,
    burner management systems, and turbo machinery
    and control. The emergency shutdown system
    accounted for the largest share of 39 of the
    overall SIS market, as of 2014.
  • The report also covers key application sectors of
    the Industrial Safety Market, including
     chemical, refining, oil gas, pharmaceutical
    biotech, paper pulp, metal and mining, water
    wastewater, food and beverage manufacturing, and
    power generation. Among all the applications, oil
    and gas is expected to be the largest contributor
    to the overall SIS market.

4
  • The Industrial Safety Market for different
    geographic regions, including the Americas,
    Europe, Asia-Pacific, and the Rest of the World
    (RoW), has also been covered in the report.
    Europe comprised the largest market for SIS as of
    2014, while APAC is expected to grow at the
    highest CAGR among all the regions during the
    forecast period.
  • The report profiles the major players in the
    Industrial Safety Market along with their SWOT
    analysis. The market has been witnessing a series
    of new product launches and partnerships across
    the value chain. The key players in this industry
    include ABB Ltd. (Switzerland), Emerson Process
    Management (U.S.), General Electric Company
    (U.S.), HIMA Paul Hildebrandt GmbH (Germany),
    Honeywell International, Inc. (U.S.), Schneider
    Electric SE (France), Rockwell Automation (U.S.),
    Siemens AG (Germany), Yokogawa Electric
    Corporation (Japan), OMRON Corporation (Japan),
    Johnson Controls, Inc. (U.S.), Tyco International
    Plc (Switzerland), and others.

5
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
6
Contact Us
ContactMr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013,
India1-888-600-6441Email sales_at_marketsandmarket
s.com MarketsandMarkets Bloghttp//twitter.com/m
arketsmarkets
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