調査レポートカテゴリー： IT/電子, MarketsandMarkets, 世界

Functional Safety Market with Covid-19 Impact Analysis by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2025

新型コロナウイルス感染症の影響による機能安全の世界市場予測：提供方式別（コンポーネント（安全センサー、プログラマブル安全システム、最終制御要素）、サービス）、システム別（ESD、TMC、F＆G、HIPPS、BMS）、産業別（石油・ガス、化学、発電）、地域別

◆タイトル：Functional Safety Market with Covid-19 Impact Analysis by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2025
◆商品コード：SE 5286
◆調査・発行会社：MarketsandMarkets
◆発行日：2020年7月20日
◆ページ数：281
◆レポート形式：PDF / 英語
◆納品方法：Eメール（受注後24時間以内）
◆調査対象地域：グローバル
◆産業分野：半導体/電子
◆販売価格オプション（消費税別）

Single User（1名様閲覧）	USD4,950 ⇒換算￥0	見積依頼/購入/質問フォーム
Multi User (Five User)	USD6,650 ⇒換算￥0	見積依頼/購入/質問フォーム
Corporate License (全社内共有可)	USD8,150 ⇒換算￥0	見積依頼/購入/質問フォーム

※販売価格オプションの説明はこちらで、ご利用ガイドはこちらでご確認いただけます。
※お支払金額は「換算金額（日本円）＋消費税＋配送料（Eメール納品は無料）」です。
※Eメールによる納品の場合、通常ご注文当日～2日以内に納品致します。
※商品の納品後、納品日＋5日以内に請求書を発行し、お客様宛に郵送いたしますので、請求書発行日より2ヶ月以内に銀行振込にて支払をお願いします。（振込先：三菱東京UFJ銀行/京橋支店/H&Iグローバルリサーチ株式会社）
※上記の日本語題名はH&Iグローバルリサーチが翻訳したものです。英語版原本には日本語表記はありません。
※為替レートは適宜修正・更新しております。リアルタイム更新ではありません。
※ご購入後、レポートに記載の英語表現や単語の意味に関しましては無料でお答えいたします。（但し、対応範囲は弊社で判断）
※弊社H&Iグローバルリサーチ株式会社はMarketsandMarketsの日本における正規販売代理店です。

【レポートの概要】

MarketsandMarkets社は新型コロナウイルス感染症の影響による機能安全の世界市場が2020年44億ドルから2025年53億ドルまで、年平均3.8％成長すると予想しています。本調査レポートでは、新型コロナウイルス感染症の影響による機能安全の世界市場について、イントロダクション、調査手法、エグゼクティブサマリー、プレミアムインサイト、市場概要、システム別（緊急停止システム、火災・ガス監視、高信頼性圧力保護システム（HIPPS）、バーナー管理システム、ターボ機械制御（TMC））分析、提供別（コンポーネント、サービス）分析、産業別（石油・ガス、食品・飲料、医薬品、化学、発電）分析、地域別分析、競争状況、企業情報などを総合的、多面的に調査・分析しました。
・イントロダクション
・調査手法
・エグゼクティブサマリー
・プレミアムインサイト
・市場概要
・新型コロナウイルス感染症の影響による機能安全の世界市場規模：システム別（緊急停止システム、火災・ガス監視、高信頼性圧力保護システム（HIPPS）、バーナー管理システム、ターボ機械制御（TMC））
・新型コロナウイルス感染症の影響による機能安全の世界市場規模：提供別（コンポーネント、サービス）
・新型コロナウイルス感染症の影響による機能安全の世界市場規模：産業別（石油・ガス、食品・飲料、医薬品、化学、発電）
・新型コロナウイルス感染症の影響による機能安全の世界市場規模：地域別
・競争状況
・企業情報

“Functional safety market to exhibit significant growth during 2020–2025.”
The functional safety market is estimated to grow from USD 4.4 billion in 2020 to USD 5.3 billion by 2025, at a CAGR of 3.8%. The key factors driving the market’s growth include strict mandates for safety regulations, surging demand for safety systems in the oil & gas industry, high requirement for reliable safety systems to ensure personnel and asset protection, and rise in industrial revolution 4.0. However, high investment required for installing functional safety systems and lack of awareness and complexity of standards will likely restrain the growth.

“Market for fire & gas monitoring systems to grow at highest CAGR during forecast period.“
The fire and gas monitoring system market is estimated to grow at the highest CAGR from 2020 to 2025. Fire and gas safety systems continuously monitor fire or combustible/toxic gas leakages and provide early warning to prevent escalations. By implementing functional safety-certified fire and gas systems, plants can meet their safety and critical infrastructure protection requirements. The IEC 61511 and ANSI/ISA standards are increasingly being followed in various process industries, thereby contributing to the high growth of the market for fire & gas systems.

“Oil & gas industry to hold major share of functional safety market during forecast period.”
The oil & gas industry is expected to hold the majority market share from 2020 to 2025. The oil & gas industry faces different types of risks and hazards, thereby giving rise to serious accidents that might have an adverse impact on people, assets, and environment. In avoiding such incidents, functional safety becomes a matter of utmost importance. Various safety instrumented systems are used in the oil & gas industry. For instance, ESDs are used to minimize the consequences of emergencies by shutting down systems and equipment and isolating hydrocarbon inventories, electrical equipment, and emergency ventilation control. Further, HIPPS are used to safeguard pipelines, vessels, and process packages against overpressure. However, due to the COVID-19 pandemic, the oil & gas industry has been tremendously hit. The price plunge is due to the excessive supply and the low demand that is being faced by the industry. This has impacted the production of the industry. The demand for oil & gas products declined due to the export restrictions imposed and also because the countries has limited the manufacturing in various industries, this resulted in an over production of oil & gas. Due to this the functional safety market will see a dip in short term. However, in the long run there will be a significant increase.

“Europe to be largest market for functional safety systems during forecast period.”
Europe is expected to lead the global functional safety market, in terms of size, from 2020 to 2025.
The increasing adoption of functional safety solutions to comply with these standards and workplace safety regulations is driving the growth of the market in this region. Further, Currently, Russia, the UK, and Norway are the key oil and gas-producing countries based in Europe and are the major contributors to the European functional safety market growth. However, Europe is one of the most affected regions by COVID-19, economically. The outbreak of COVID-19 has caused a major setback to the export-oriented economy of Europe owing to the shutting down of manufacturing plants in the country. The automotive industry of Europe is severely affected as most of the automobile trade of the country takes place with China and Italy.

Break-up of primary participants’ profile:
• By Company Type – Tier 1 = 52%, Tier 2 = 31%, and Tier 3 = 17%
• By Designation – C-level = 47%, Director-level = 31%, and Manager-level = 22%
• By Region – North America = 44%, Europe =25%, APAC = 21%, South America = 5%, and MEA = 5%

The key players in the market include Emerson (US), Honeywell (US), Rockwell (US), ABB (Switzerland), Schneider (France), Yokogawa (Japan), General Electric (US), Hima Paul (Germany), Omron (Japan), Siemens (Germany), and Others.

The global functional safety market is segmented into offering, system, industry, and geography. The market, by system, is segmented into emergency shutdown system (ESD), fire & gas monitoring system, high integrity pressure protection system (HIPPS), burner management system (BMS), and turbomachinery control (TMC). Based on offering, the functional safety market has been split into component and service. The industries studied in the report include oil & gas, power generation, chemicals, food & beverages, pharmaceuticals, metal & mining, water & wastewater, and others. The functional safety market is segmented into 4 regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Reasons to buy the report:
• Illustrative segmentation, analysis, and forecast for markets based on offering, system, industry, and geography have been conducted to give an overall view of the functional safety market.
• A value chain analysis has been performed to provide an in-depth insight into the functional safety market.
• Major drivers, restraints, opportunities, and challenges for the functional safety market have been detailed in this report.
• The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenues of key players.

【レポートの目次】

1 INTRODUCTION 41
1.1 STUDY OBJECTIVES 41
1.2 MARKET DEFINITION AND SCOPE 41
1.2.1 INCLUSIONS & EXCLUSIONS 42
1.3 STUDY SCOPE 42
1.3.1 MARKETS COVERED 42
1.3.2 YEARS CONSIDERED 43
1.4 CURRENCY 43
1.5 LIMITATIONS 43
1.6 STAKEHOLDERS 44
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
FIGURE 1 FUNCTIONAL SAFETY MARKET: RESEARCH DESIGN 46
2.1.1 SECONDARY & PRIMARY RESEARCH 47
2.1.2 SECONDARY DATA 47
2.1.2.1 Major secondary sources 48
2.1.2.2 Secondary sources 49
2.1.3 PRIMARY DATA 49
2.1.3.1 Primary interviews with experts 50
2.1.3.2 Key data from primary sources 50
2.1.3.3 Key industry insights 50
2.1.3.4 Breakdown of primaries 51
2.2 MARKET SIZE ESTIMATION 52
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES OF FUNCTIONAL SAFETY MARKET SIZE 52
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE): ILLUSTRATION OF COMPANY FUNCTIONAL SAFETY REVENUE ESTIMATION 53
2.2.1 BOTTOM-UP APPROACH 54
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side) 54
FIGURE 4 FUNCTIONAL SAFETY MARKET: BOTTOM-UP APPROACH 54
2.2.2 TOP-DOWN APPROACH 55
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side) 55
FIGURE 5 FUNCTIONAL SAFETY MARKET: TOP-DOWN APPROACH 55
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 56
FIGURE 6 DATA TRIANGULATION 56
2.4 RESEARCH ASSUMPTIONS 57
3 EXECUTIVE SUMMARY 58
3.1 PRE COVID-19 58
3.2 REALISTIC SCENARIO 58
3.3 PESSIMISTIC SCENARIO 58
3.4 OPTIMISTIC SCENARIO 59
FIGURE 7 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET 59
FIGURE 8 FUNCTIONAL SAFETY MARKET FOR SERVICES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 60
FIGURE 9 MARKET FOR PROGRAMMABLE SAFETY SYSTEMS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 60
FIGURE 10 MAINTENANCE SERVICES TO HOLD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET DURING FORECAST PERIOD 61
FIGURE 11 OIL & GAS HELD MAJOR SHARE OF FUNCTIONAL SAFETY MARKET IN 2019 62
FIGURE 12 EUROPE TO HOLD LARGEST SHARE OF FUNCTIONAL SAFETY MARKET IN 2020 62
4 PREMIUM INSIGHTS 64
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN FUNCTIONAL SAFETY MARKET 64
FIGURE 13 MANDATE FOR SAFETY REGULATIONS AND RISING DEMAND FOR SAFETY SYSTEMS IN OIL & GAS INDUSTRY TO BOOST ADOPTION OF FUNCTIONAL SAFETY SYSTEMS 64
4.2 FUNCTIONAL SAFETY MARKET, BY SYSTEM 64
FIGURE 14 EMERGENCY SHUTDOWN SYSTEMS TO HOLD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET IN 2025 64
4.3 FUNCTIONAL SAFETY MARKET, BY COMPONENT 65
FIGURE 15 SAFETY SENSORS TO HOLD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET IN 2025 65
4.4 FUNCTIONAL SAFETY MARKET, BY SERVICE 65
FIGURE 16 MAINTENANCE TO HOLD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET IN 2025 65
4.5 FUNCTIONAL SAFETY MARKET, BY OFFERING 66
FIGURE 17 COMPONENTS TO HOLD LARGER SHARE OF FUNCTIONAL SAFETY MARKET IN 2020 66
4.6 FUNCTIONAL SAFETY MARKET, BY REGION 66
FIGURE 18 EUROPE TO HOLD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET IN 2025 66
5 MARKET OVERVIEW 67
5.1 INTRODUCTION 67
5.2 MARKET DYNAMICS 67
5.2.1 DRIVERS 67
5.2.1.1 Fiscal policy steps taken by regional financial institutions to keep manufacturing facilities floating amid COVID-19 crisis 68
FIGURE 19 BREAKUP OF CARES ACT PACKAGE 68
5.2.1.2 Strict mandates for safety regulations 69
5.2.1.3 Surging demand for safety systems in oil & gas industry 69
5.2.1.4 High requirement for reliable safety systems to ensure personnel and asset protection 69
5.2.1.5 Rise in Industrial Revolution 4.0 70
5.2.2 RESTRAINTS 70
5.2.2.1 High investment required for installing functional safety systems 71
5.2.2.2 Lack of awareness and complexity of standards 71
5.2.3 OPPORTUNITIES 71
5.2.3.1 Growing acceptance of workplace safety standards in emerging economies 72
5.2.3.2 Increasing usage of Industrial Internet of Things 72
5.2.4 CHALLENGES 73
5.2.4.1 Restriction of commercial trade growth in coming months due to lockdown and social distancing norms 73
5.2.4.2 High complexity of safety applications 73
5.2.4.3 Lack of functional safety certified workforce 74
5.3 SAFETY INTEGRITY LEVEL 74
5.3.1 FUNCTIONAL SAFETY STANDARDS 74
5.3.1.1 IEC 61508 74
5.3.1.2 IEC 61511 75
5.3.1.3 IEC 62061 75
5.3.1.4 IEC 62443 75
5.3.2 ADOPTION OF DIFFERENT TECHNOLOGIES IN FUNCTIONAL SAFETY SYSTEMS 75
5.4 PROCESS FLOW ANALYSIS OF FUNCTIONAL SAFETY ECOSYSTEM 76
FIGURE 20 PROCESS FLOW ANALYSIS – FUNCTIONAL SAFETY ECOSYSTEM 76
6 FUNCTIONAL SAFETY MARKET, BY SYSTEM 78
6.1 INTRODUCTION 79
FIGURE 21 EMERGENCY SHUTDOWN SYSTEMS TO HOLD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET IN 2025 79
TABLE 1 FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2016–2019 (USD MILLION) 80
TABLE 2 FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2020–2025 (USD MILLION) 80
6.2 EMERGENCY SHUTDOWN SYSTEMS 80
6.2.1 EMERGENCY SHUTDOWN SYSTEMS HELD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET IN 2019 80
TABLE 3 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY OFFERING, 2016–2019 (USD MILLION) 81
TABLE 4 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY OFFERING, 2020–2025 (USD MILLION) 81
TABLE 5 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY COMPONENT, 2016–2019 (USD MILLION) 81
TABLE 6 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY COMPONENT, 2020–2025 (USD MILLION) 82
TABLE 7 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY SERVICE, 2016–2019 (USD MILLION) 82
TABLE 8 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY SERVICE, 2020–2025 (USD MILLION) 82
TABLE 9 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY INDUSTRY, 2016–2019 (USD MILLION) 83
TABLE 10 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY INDUSTRY, 2020–2025 (USD MILLION) 83
TABLE 11 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY REGION, 2016–2019 (USD MILLION) 84
TABLE 12 FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS,
BY REGION, 2020–2025(USD MILLION) 84
TABLE 13 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION) 84
TABLE 14 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION) 85
TABLE 15 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR POWER GENERATION,
BY REGION, 2016–2019 (USD MILLION) 85
TABLE 16 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR POWER GENERATION,
BY REGION, 2020–2025 (USD MILLION) 85
TABLE 17 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2016–2019 (USD MILLION) 86
TABLE 18 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2020–2025 (USD MILLION) 86
TABLE 19 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR FOOD & BEVERAGES,
BY REGION, 2016–2019 (USD MILLION) 86
TABLE 20 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR FOOD & BEVERAGES,
BY REGION, 2020–2025 (USD MILLION) 87
TABLE 21 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR WATER & WASTEWATER,
BY REGION, 2016–2019 (USD MILLION) 87
TABLE 22 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR WATER & WASTEWATER,
BY REGION, 2020–2025 (USD MILLION) 87
TABLE 23 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR PHARMACEUTICALS,
BY REGION, 2016–2019 (USD MILLION) 88
TABLE 24 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR PHARMACEUTICALS,
BY REGION, 2020–2025 (USD MILLION) 88
TABLE 25 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR METALS AND MINING,
BY REGION, 2016–2019 (USD MILLION) 88
TABLE 26 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR METALS AND MINING,
BY REGION, 2020–2025 (USD MILLION) 89
TABLE 27 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR OTHERS, BY REGION, 2016–2019 (USD MILLION) 89
TABLE 28 EMERGENCY SHUTDOWN SYSTEMS MARKET FOR OTHERS, BY REGION, 2020–2025 (USD MILLION) 89
6.2.2 IMPACT OF COVID-19 ON EMERGENCY SHUTDOWN SYSTEMS 90
TABLE 29 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEMS, 2016–2025 90
6.3 FIRE & GAS MONITORING 90
6.3.1 FIRE AND GAS MONITORING SYSTEMS ARE MAINLY USED TO PREVENT AND LOWER AFTER-EFFECTS OF FIRE ACCIDENTS 90
TABLE 30 FIRE & GAS MONITORING SYSTEMS MARKET, BY OFFERING,
2016–2019 (USD MILLION) 91
TABLE 31 FIRE & GAS MONITORING SYSTEMS MARKET, BY OFFERING,
2020–2025 (USD MILLION) 91
TABLE 32 FIRE & GAS MONITORING SYSTEMS MARKET, BY COMPONENT, 2016–2019 (USD MILLION) 91
TABLE 33 FIRE & GAS MONITORING SYSTEMS MARKET, BY COMPONENT, 2020–2025 (USD MILLION) 92
TABLE 34 FIRE & GAS MONITORING SYSTEMS MARKET, BY SERVICE,
2016–2019 (USD MILLION) 92
TABLE 35 FIRE & GAS MONITORING SYSTEMS MARKET, BY SERVICE,
2020–2025 (USD MILLION) 92
TABLE 36 FIRE & GAS MONITORING SYSTEMS MARKET, BY INDUSTRY,
2016–2019 (USD MILLION) 93
TABLE 37 FIRE & GAS MONITORING SYSTEMS MARKET, BY INDUSTRY,
2020–2025 (USD MILLION) 93
TABLE 38 FIRE & GAS MONITORING SYSTEMS MARKET, BY REGION,
2017–2019 (USD MILLION) 94
TABLE 39 FIRE & GAS MONITORING SYSTEMS MARKET, BY REGION,
2020–2025 (USD MILLION) 94
TABLE 40 FIRE & GAS MONITORING SYSTEMS MARKET FOR OIL & GAS,
BY REGION, 2016–2019 (USD MILLION) 94
TABLE 41 FIRE & GAS MONITORING SYSTEMS MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION) 95
TABLE 42 FIRE & GAS MONITORING SYSTEMS MARKET FOR POWER GENERATION,
BY REGION, 2016–2019 (USD MILLION) 95
TABLE 43 FIRE & GAS MONITORING SYSTEMS MARKET FOR POWER GENERATION,
BY REGION, 2020–2025 (USD MILLION) 95
TABLE 44 FIRE & GAS MONITORING SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2016–2019 (USD MILLION) 96
TABLE 45 FIRE & GAS MONITORING SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2020–2025 (USD MILLION) 96
TABLE 46 FIRE & GAS MONITORING SYSTEMS MARKET FOR FOOD & BEVERAGES,
BY REGION, 2016–2019 (USD MILLION) 96
TABLE 47 FIRE & GAS MONITORING SYSTEMS MARKET FOR FOOD & BEVERAGES,
BY REGION, 2020–2025 (USD MILLION) 97
TABLE 48 FIRE & GAS MONITORING SYSTEMS MARKET FOR WATER & WASTEWATER,
BY REGION, 2016–2019 (USD MILLION) 97
TABLE 49 FIRE & GAS MONITORING SYSTEMS MARKET FOR WATER & WASTEWATER,
BY REGION, 2020–2025 (USD MILLION) 97
TABLE 50 FIRE & GAS MONITORING SYSTEMS MARKET FOR PHARMACEUTICALS,
BY REGION, 2016–2019 (USD MILLION) 98
TABLE 51 FIRE & GAS MONITORING SYSTEMS MARKET FOR PHARMACEUTICALS,
BY REGION, 2020–2025 (USD MILLION) 98
TABLE 52 FIRE & GAS MONITORING SYSTEMS MARKET FOR METALS & MINING,
BY REGION, 2016–2019 (USD MILLION) 98
TABLE 53 FIRE & GAS MONITORING SYSTEMS MARKET FOR METALS & MINING,
BY REGION, 2020–2025 (USD MILLION) 99
TABLE 54 FIRE & GAS MONITORING SYSTEMS MARKET FOR OTHERS, BY REGION, 2016–2019 (USD MILLION) 99
TABLE 55 FIRE & GAS MONITORING SYSTEMS MARKET FOR OTHERS, BY REGION, 2020–2025 (USD MILLION) 99
6.3.2 IMPACT OF COVID-19 ON FIRE & GAS MONITORING SYSTEMS 100
TABLE 56 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR FIRE & GAS MONITORING SYSTEMS, 2016–2025 100
6.4 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS 100
6.4.1 RISING DEMAND FOR RELIABLE SAFETY SOLUTIONS FOR PERSONNEL AND ASSET PROTECTION IN HIGH-PRESSURE ENVIRONMENTS TRIGGERS HIPPS MARKET GROWTH 100
TABLE 57 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY OFFERING, 2016–2019 (USD MILLION) 101
TABLE 58 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY OFFERING, 2020–2025 (USD MILLION) 101
TABLE 59 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET,
COMPONENT, 2016–2019 (USD MILLION) 101
TABLE 60 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET,
BY COMPONENT, 2020–2025 (USD MILLION) 102
TABLE 61 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY SERVICE, 2016–2019 (USD MILLION) 102
TABLE 62 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY SERVICE, 2020–2025 (USD MILLION) 102
TABLE 63 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 103
TABLE 64 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 103
TABLE 65 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY REGION, 2016–2019 (USD MILLION) 104
TABLE 66 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET, BY REGION, 2020–2025 (USD MILLION) 104
TABLE 67 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION) 104
TABLE 68 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION) 105
TABLE 69 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR POWER GENERATION, BY REGION, 2016–2019 (USD MILLION) 105
TABLE 70 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR POWER GENERATION, BY REGION, 2020–2025 (USD MILLION) 105
TABLE 71 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2016–2019 (USD MILLION) 106
TABLE 72 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2020–2025 (USD MILLION) 106
TABLE 73 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR FOOD & BEVERAGES, BY REGION, 2016–2019 (USD MILLION) 106
TABLE 74 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2025 (USD MILLION) 107
TABLE 75 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR WATER & WASTEWATER, BY REGION, 2016–2019 (USD MILLION) 107
TABLE 76 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR WATER & WASTEWATER, BY REGION, 2020–2025 (USD MILLION) 107
TABLE 77 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR PHARMACEUTICALS, BY REGION, 2016–2019 (USD MILLION) 108
TABLE 78 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR PHARMACEUTICALS, BY REGION, 2020–2025 (USD MILLION) 108
TABLE 79 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR METALS & MINING, BY REGION, 2016–2019 (USD MILLION) 108
TABLE 80 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR METALS & MINING, BY REGION, 2020–2025 (USD MILLION) 109
TABLE 81 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR OTHERS,
BY REGION, 2016–2019 (USD MILLION) 109
TABLE 82 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS MARKET FOR OTHERS,
BY REGION, 2020–2025 (USD MILLION) 109
6.4.2 IMPACT OF COVID-19 ON MARKET FOR HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS 110
TABLE 83 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR HIPPS, 2016–2025 110
6.5 BURNER MANAGEMENT SYSTEMS 110
6.5.1 BMS HELPS IN RELIABLE MONITORING, OPERATIONS, AND MAINTENANCE OF ALL ASSETS IN PLANTS 110
TABLE 84 BURNER MANAGEMENT SYSTEMS MARKET, BY OFFERING,
2016–2019 (USD MILLION) 110
TABLE 85 BURNER MANAGEMENT SYSTEMS MARKET, BY OFFERING,
2020–2025 (USD MILLION) 111
TABLE 86 BURNER MANAGEMENT SYSTEMS MARKET, BY COMPONENT,
2016–2019 (USD MILLION) 111
TABLE 87 BURNER MANAGEMENT SYSTEMS MARKET, BY COMPONENT,
2020–2025 (USD MILLION) 111
TABLE 88 BURNER MANAGEMENT SYSTEMS MARKET, BY SERVICE,
2016–2019 (USD MILLION) 112
TABLE 89 BURNER MANAGEMENT SYSTEMS MARKET, BY SERVICE,
2020–2025 (USD MILLION) 112
TABLE 90 BURNER MANAGEMENT SYSTEMS MARKET, BY INDUSTRY,
2016–2019 (USD MILLION) 112
TABLE 91 BURNER MANAGEMENT SYSTEMS MARKET, BY INDUSTRY,
2020–2025 (USD MILLION) 113
TABLE 92 BURNER MANAGEMENT SYSTEMS MARKET, BY REGION,
2017–2019 (USD MILLION) 113
TABLE 93 BURNER MANAGEMENT SYSTEMS MARKET, BY REGION,
2020–2025 (USD MILLION) 113
TABLE 94 BURNER MANAGEMENT SYSTEMS MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION) 114
TABLE 95 BURNER MANAGEMENT SYSTEMS MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION) 114
TABLE 96 BURNER MANAGEMENT SYSTEMS MARKET FOR POWER GENERATION,
BY REGION, 2016–2019 (USD MILLION) 114
TABLE 97 BURNER MANAGEMENT SYSTEMS MARKET FOR POWER GENERATION,
BY REGION, 2020–2025 (USD MILLION) 115
TABLE 98 BURNER MANAGEMENT SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2016–2019 (USD MILLION) 115
TABLE 99 BURNER MANAGEMENT SYSTEMS MARKET FOR CHEMICALS, BY REGION, 2020–2025 (USD MILLION) 115
TABLE 100 BURNER MANAGEMENT SYSTEMS MARKET FOR FOOD & BEVERAGES,
BY REGION, 2016–2019 (USD MILLION) 116
TABLE 101 BURNER MANAGEMENT SYSTEMS MARKET FOR FOOD & BEVERAGES,
BY REGION, 2020–2025 (USD MILLION) 116
TABLE 102 BURNER MANAGEMENT SYSTEMS MARKET FOR WATER & WASTEWATER,
BY REGION, 2016–2019 (USD MILLION) 116
TABLE 103 BURNER MANAGEMENT SYSTEMS MARKET FOR WATER & WASTEWATER,
BY REGION, 2020–2025 (USD MILLION) 117
TABLE 104 BURNER MANAGEMENT SYSTEMS MARKET FOR PHARMACEUTICALS,
BY REGION, 2016–2019 (USD MILLION) 117
TABLE 105 BURNER MANAGEMENT SYSTEMS MARKET FOR PHARMACEUTICALS,
BY REGION, 2020–2025 (USD MILLION) 117
TABLE 106 BURNER MANAGEMENT SYSTEMS MARKET FOR METALS & MINING,
BY REGION, 2016–2019 (USD MILLION) 118
TABLE 107 BURNER MANAGEMENT SYSTEMS MARKET FOR METALS & MINING,
BY REGION, 2020–2025 (USD MILLION) 118
TABLE 108 BURNER MANAGEMENT SYSTEMS MARKET FOR OTHERS, BY REGION,
2016–2019 (USD MILLION) 118
TABLE 109 BURNER MANAGEMENT SYSTEMS MARKET FOR OTHERS, BY REGION,
2020–2025 (USD MILLION) 119
6.5.2 IMPACT OF COVID-19 ON MARKET FOR BURNER MANAGEMENT SYSTEMS 119
TABLE 110 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR BURNER MANAGEMENT SYSTEMS, 2016–2025 119
6.6 TURBOMACHINERY CONTROL 120
6.6.1 TMC PROVIDES TIGHT CONTROL OVER SPEED OF STEAM, HYDRO, AND GAS TURBINES 120
TABLE 111 TURBOMACHINERY CONTROL MARKET, BY OFFERING,
2016–2019 (USD MILLION) 120
TABLE 112 TURBOMACHINERY CONTROL MARKET, BY OFFERING,
2020–2025 (USD MILLION) 120
TABLE 113 TURBOMACHINERY CONTROL MARKET, BY COMPONENT,
2016–2019 (USD MILLION) 121
TABLE 114 TURBOMACHINERY CONTROL MARKET, BY COMPONENT,
2020–2025 (USD MILLION) 121
TABLE 115 TURBOMACHINERY CONTROL MARKET, BY SERVICE,
2016–2019 (USD MILLION) 121
TABLE 116 TURBOMACHINERY CONTROL MARKET, BY SERVICE,
2020–2025 (USD MILLION) 122
TABLE 117 TURBOMACHINERY CONTROL MARKET, BY INDUSTRY,
2016–2019 (USD MILLION) 122
TABLE 118 TURBOMACHINERY CONTROL MARKET, BY INDUSTRY,
2020–2025 (USD MILLION) 122
TABLE 119 TURBOMACHINERY CONTROL MARKET, BY REGION,
2016–2019 (USD MILLION) 123
TABLE 120 TURBOMACHINERY CONTROL MARKET, BY REGION,
2020–2025 (USD MILLION) 123
TABLE 121 TURBOMACHINERY CONTROL MARKET FOR OIL & GAS, BY REGION,
2016–2019 (USD MILLION) 123
TABLE 122 TURBOMACHINERY CONTROL MARKET FOR OIL & GAS, BY REGION,
2020–2025 (USD MILLION) 124
TABLE 123 TURBOMACHINERY CONTROL MARKET FOR POWER GENERATION,
BY REGION, 2016–2019 (USD MILLION) 124
TABLE 124 TURBOMACHINERY CONTROL MARKET FOR POWER GENERATION,
BY REGION, 2020–2025 (USD MILLION) 124
TABLE 125 TURBOMACHINERY CONTROL MARKET FOR CHEMICALS, BY REGION,
2016–2019 (USD MILLION) 125
TABLE 126 TURBOMACHINERY CONTROL MARKET FOR CHEMICALS, BY REGION,
2020–2025 (USD MILLION) 125
TABLE 127 TURBOMACHINERY CONTROL MARKET FOR FOOD & BEVERAGES,
BY REGION, 2016–2019 (USD MILLION) 125
TABLE 128 TURBOMACHINERY CONTROL MARKET FOR FOOD & BEVERAGES,
BY REGION, 2020–2025 (USD MILLION) 126
TABLE 129 TURBOMACHINERY CONTROL MARKET FOR WATER & WASTEWATER,
BY REGION, 2016–2019 (USD MILLION) 126
TABLE 130 TURBOMACHINERY CONTROL MARKET FOR WATER & WASTEWATER,
BY REGION, 2020–2025 (USD MILLION) 126
TABLE 131 TURBOMACHINERY CONTROL MARKET FOR PHARMACEUTICALS, BY REGION, 2016–2019 (USD MILLION) 127
TABLE 132 TURBOMACHINERY CONTROL MARKET FOR PHARMACEUTICALS, BY REGION, 2020–2025 (USD MILLION) 127
TABLE 133 TURBOMACHINERY CONTROL MARKET FOR METALS & MINING, BY REGION, 2016–2019 (USD MILLION) 127
TABLE 134 TURBOMACHINERY CONTROL MARKET FOR METALS & MINING, BY REGION, 2020–2025 (USD MILLION) 128
TABLE 135 TURBOMACHINERY CONTROL MARKET FOR OTHERS, BY REGION,
2016–2019 (USD MILLION) 128
TABLE 136 TURBOMACHINERY CONTROL MARKET FOR OTHERS, BY REGION,
2020–2025 (USD MILLION) 128
6.6.2 IMPACT OF COVID-19 ON MARKET FOR TURBOMACHINERY CONTROL 129
TABLE 137 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR TURBO MACHINERY, 2016–2025 129
7 FUNCTIONAL SAFETY MARKET, BY OFFERING 130
7.1 INTRODUCTION 131
FIGURE 22 FUNCTIONAL SAFETY MARKET, BY OFFERING 131
TABLE 138 FUNCTIONAL SAFETY MARKET, BY OFFERING, 2016–2019 (USD MILLION) 131
TABLE 139 FUNCTIONAL SAFETY MARKET, BY OFFERING, 2020–2025 (USD MILLION) 131
7.2 COMPONENT 132
FIGURE 23 SAFETY SENSORS TO HOLD LARGEST SIZE OF FUNCTIONAL SAFETY MARKET, BY COMPONENT, IN 2020 132
TABLE 140 FUNCTIONAL SAFETY MARKET, BY COMPONENT, 2016–2019 (USD MILLION) 133
TABLE 141 FUNCTIONAL SAFETY MARKET, BY COMPONENT, 2020–2025 (USD MILLION) 133
TABLE 142 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET,
BY COMPONENT, 2016–2025 133
7.2.1 SAFETY SENSORS 134
7.2.1.1 Safety sensors hold largest share of functional safety market 134
TABLE 143 FUNCTIONAL SAFETY MARKET FOR SAFETY SENSORS, BY SYSTEM,
2016–2019 (USD MILLION) 134
TABLE 144 FUNCTIONAL SAFETY MARKET FOR SAFETY SENSORS, BY SYSTEM ,
2020–2025 (USD MILLION) 134
TABLE 145 FUNCTIONAL SAFETY MARKET FOR SAFETY SENSORS, BY REGION,
2016–2019 (USD MILLION) 135
TABLE 146 FUNCTIONAL SAFETY MARKET FOR SAFETY SENSORS, BY REGION,
2020–2025 (USD MILLION) 135
TABLE 147 FUNCTIONAL SAFETY MARKET FOR SAFETY SENSORS, BY INDUSTRY,
2016–2019 (USD MILLION) 135
TABLE 148 FUNCTIONAL SAFETY MARKET FOR SAFETY SENSORS, BY INDUSTRY,
2020–2025 (USD MILLION) 136
7.2.2 PROGRAMMABLE SAFETY SYSTEMS 136
7.2.2.1 Market for programmable safety systems to grow at highest rate during forecast period 136
TABLE 149 FUNCTIONAL SAFETY MARKET FOR PROGRAMMABLE SAFETY SYSTEMS, BYSYSTEM , 2016–2019 (USD MILLION) 137
TABLE 150 FUNCTIONAL SAFETY MARKET FOR PROGRAMMABLE SAFETY SYSTEMS,
BY SYSTEM , 2020–2025 (USD MILLION) 137
TABLE 151 FUNCTIONAL SAFETY MARKET FOR PROGRAMMABLE SAFETY SYSTEMS,
BY REGION, 2016–2019 (USD MILLION) 137
TABLE 152 FUNCTIONAL SAFETY MARKET FOR PROGRAMMABLE SAFETY SYSTEMS,
BY REGION, 2020–2025 (USD MILLION) 138
TABLE 153 FUNCTIONAL SAFETY MARKET FOR PROGRAMMABLE SAFETY SYSTEMS,
BY INDUSTRY, 2016–2019 (USD MILLION) 138
TABLE 154 FUNCTIONAL SAFETY MARKET FOR PROGRAMMABLE SAFETY SYSTEMS,
BY INDUSTRY, 2020–2025 (USD MILLION) 139
7.2.3 SAFETY CONTROLLERS/MODULES/RELAYS 139
7.2.3.1 High requirement for safety components in functional safety systems 139
TABLE 155 FUNCTIONAL SAFETY MARKET FOR SAFETY CONTROLLERS/MODULES/RELAYS, BY SYSTEM, 2016–2019 (USD MILLION) 140
TABLE 156 FUNCTIONAL SAFETY MARKET FOR SAFETY CONTROLLERS/MODULES/RELAYS, BY SYSTEM, 2020–2025 (USD MILLION) 140
TABLE 157 FUNCTIONAL SAFETY MARKET FOR SAFETY CONTROLLERS/MODULES/RELAYS, BY INDUSTRY, 2016–2019 (USD MILLION) 141
TABLE 158 FUNCTIONAL SAFETY MARKET FOR SAFETY CONTROLLERS/MODULES/RELAYS, BY INDUSTRY, 2020–2025 (USD MILLION) 141
TABLE 159 FUNCTIONAL SAFETY MARKET FOR SAFETY CONTROLLERS/MODULES/RELAYS, BY REGION, 2016–2019 (USD MILLION) 142
TABLE 160 FUNCTIONAL SAFETY MARKET FOR SAFETY CONTROLLERS/MODULES/RELAYS, BY REGION, 2020–2025 (USD MILLION) 142
7.2.4 SAFETY SWITCHES 142
7.2.4.1 Functional safety switches are used to protect equipment and users during hazardous situations 142
TABLE 161 FUNCTIONAL SAFETY MARKET FOR SAFETY SWITCHES, BY SYSTEM,
2016–2019 (USD MILLION) 143
TABLE 162 FUNCTIONAL SAFETY MARKET FOR SAFETY SWITCHES, BY SYSTEM,
2020–2025 (USD MILLION) 143
TABLE 163 FUNCTIONAL SAFETY MARKET FOR SAFETY SWITCHES, BY INDUSTRY,
2016–2019 (USD MILLION) 144
TABLE 164 FUNCTIONAL SAFETY MARKET FOR SAFETY SWITCHES, BY INDUSTRY,
2020–2025 (USD MILLION) 144
TABLE 165 FUNCTIONAL SAFETY MARKET FOR SAFETY SWITCHES, BY REGION,
2016–2019 (USD MILLION) 145
TABLE 166 FUNCTIONAL SAFETY MARKET FOR SAFETY SWITCHES, BY REGION,
2020–2025 (USD MILLION) 145
7.2.5 EMERGENCY STOP DEVICES 145
7.2.5.1 Emergency stop devices have wide range of safety applications in industries 145
TABLE 167 THREE COMMON TYPES OF EMERGENCY STOP DEVICES 146
TABLE 168 FUNCTIONAL SAFETY MARKET FOR EMERGENCY STOP DEVICES, BY SYSTEM, 2016–2019 (USD MILLION) 146
TABLE 169 FUNCTIONAL SAFETY MARKET FOR EMERGENCY STOP DEVICES, BY SYSTEM, 2020–2025 (USD MILLION) 146
TABLE 170 FUNCTIONAL SAFETY MARKET FOR EMERGENCY STOP DEVICES,
BY INDUSTRY, 2016–2019 (USD MILLION) 147
TABLE 171 FUNCTIONAL SAFETY MARKET FOR EMERGENCY STOP DEVICES,
BY INDUSTRY, 2020–2025 (USD MILLION) 147
TABLE 172 FUNCTIONAL SAFETY MARKET FOR EMERGENCY STOP DEVICES, BY REGION, 2016–2019 (USD MILLION) 148
TABLE 173 FUNCTIONAL SAFETY MARKET FOR EMERGENCY STOP DEVICES,
BY REGION, 2020–2025 (USD MILLION) 148
7.2.6 FINAL CONTROL ELEMENTS 148
7.2.6.1 Demand for final control elements in oil & gas and power generation industries to continue to rise in future 148
TABLE 174 FUNCTIONAL SAFETY MARKET FOR FINAL CONTROL ELEMENTS, BY SYSTEM, 2016–2019 (USD MILLION) 149
TABLE 175 FUNCTIONAL SAFETY MARKET FOR FINAL CONTROL ELEMENTS, BY SYSTEM, 2020–2025 (USD MILLION) 149
TABLE 176 FUNCTIONAL SAFETY MARKET FOR FINAL CONTROL ELEMENTS, BY INDUSTRY, 2016–2019 (USD MILLION) 150
TABLE 177 FUNCTIONAL SAFETY MARKET FOR FINAL CONTROL ELEMENTS, BY INDUSTRY, 2020–2025 (USD MILLION) 150
TABLE 178 FUNCTIONAL SAFETY MARKET FOR FINAL CONTROL ELEMENTS, BY REGION, 2016–2019 (USD MILLION) 151
TABLE 179 FUNCTIONAL SAFETY MARKET FOR FINAL CONTROL ELEMENTS, BY REGION, 2020–2025 (USD MILLION) 151
7.2.7 OTHERS 151
TABLE 180 FUNCTIONAL SAFETY MARKET FOR OTHERS, BY SYSTEM,
2016–2019 (USD MILLION) 152
TABLE 181 FUNCTIONAL SAFETY MARKET FOR OTHERS, BY SYSTEM,
2020–2025 (USD MILLION) 152
TABLE 182 FUNCTIONAL SAFETY MARKET FOR OTHERS, BY INDUSTRY,
2016–2019 (USD MILLION) 152
TABLE 183 FUNCTIONAL SAFETY MARKET FOR OTHERS, BY INDUSTRY,
2020–2025 (USD MILLION) 153
TABLE 184 FUNCTIONAL SAFETY MARKET FOR OTHERS, BY REGION,
2016–2019 (USD MILLION) 153
TABLE 185 FUNCTIONAL SAFETY MARKET FOR OTHERS, BY REGION,
2020–2025 (USD MILLION) 153

7.3 SERVICES 154
TABLE 186 FUNCTIONAL SAFETY MARKET, BY SERVICE, 2016–2019 (USD MILLION) 154
TABLE 187 FUNCTIONAL SAFETY MARKET, BY SERVICE, 2020–2025 (USD MILLION) 154
TABLE 188 FUNCTIONAL SAFETY MARKET FOR SERVICES, BY REGION,
2016–2019 (USD MILLION) 155
TABLE 189 FUNCTIONAL SAFETY MARKET FOR SERVICES, BY REGION,
2020–2025 (USD MILLION) 155
TABLE 190 FUNCTIONAL SAFETY MARKET FOR SERVICES, BY INDUSTRY,
2016–2019 (USD MILLION) 155
TABLE 191 FUNCTIONAL SAFETY MARKET FOR SERVICES, BY INDUSTRY,
2020–2025 (USD MILLION) 156
TABLE 192 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR SERVICES 156
7.3.1 TESTING, INSPECTION, AND CERTIFICATION 156
7.3.1.1 Market for TIC services to grow at highest CAGR from 2019 to 2024 156
TABLE 193 FUNCTIONAL SAFETY MARKET FOR TESTING, INSPECTION, AND CERTIFICATION SERVICES, BY REGION, 2016–2019 (USD MILLION) 157
TABLE 194 FUNCTIONAL SAFETY MARKET FOR TESTING, INSPECTION, AND CERTIFICATION SERVICES, BY REGION, 2020–2025 (USD MILLION) 157
TABLE 195 FUNCTIONAL SAFETY MARKET FOR TESTING, INSPECTION, AND CERTIFICATION SERVICES, BY SYSTEM, 2016–2019 (USD MILLION) 158
TABLE 196 FUNCTIONAL SAFETY MARKET FOR TESTING, INSPECTION, AND CERTIFICATION SERVICES, BY SYSTEM, 2020–2025 (USD MILLION) 158
7.3.2 MAINTENANCE 159
7.3.2.1 Maintenance services to continue to hold largest size of functional safety market during 2020–2025 159
TABLE 197 FUNCTIONAL SAFETY MARKET FOR MAINTENANCE SERVICES, BY REGION, 2016–2019 (USD MILLION) 159
TABLE 198 FUNCTIONAL SAFETY MARKET FOR MAINTENANCE SERVICES, BY REGION, 2020–2025 (USD MILLION) 160
TABLE 199 FUNCTIONAL SAFETY MARKET FOR MAINTENANCE SERVICES, BY SYSTEM, 2016–2019 (USD MILLION) 160
TABLE 200 FUNCTIONAL SAFETY MARKET FOR MAINTENANCE SERVICES, BY SYSTEM, 2020–2025 (USD MILLION) 161
7.3.3 TRAINING AND CONSULTING 161
7.3.3.1 engineering and consulting services are gaining pace with rising adoption of HIPPS in process plants 161
TABLE 201 FUNCTIONAL SAFETY MARKET FOR TRAINING AND CONSULTING SERVICES, BY REGION, 2016–2019 (USD MILLION) 162
TABLE 202 FUNCTIONAL SAFETY MARKET FOR TRAINING AND CONSULTING SERVICES, BY REGION, 2020–2025 (USD MILLION) 162
TABLE 203 FUNCTIONAL SAFETY MARKET FOR TRAINING AND CONSULTING SERVICES, BY SYSTEM, 2016–2019 (USD MILLION) 162
TABLE 204 FUNCTIONAL SAFETY MARKET FOR TRAINING AND CONSULTING SERVICES, BY SYSTEM, 2020–2025 (USD MILLION) 163
8 FUNCTIONAL SAFETY MARKET, BY INDUSTRY 164
8.1 INTRODUCTION 165
FIGURE 24 GLOBAL FUNCTIONAL SAFETY MARKET, BY INDUSTRY 165
TABLE 205 FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 165
TABLE 206 FUNCTIONAL SAFETY MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 166
8.2 OIL & GAS 166
8.2.1 OIL & GAS INDUSTRY TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025 166
TABLE 207 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY OFFERING, 2016–2019 (USD MILLION) 167
TABLE 208 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY OFFERING, 2020–2025 (USD MILLION) 167
TABLE 209 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY SYSTEM,
2016–2019 (USD MILLION) 167
TABLE 210 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY SYSTEM,
2020–2025 (USD MILLION) 168
TABLE 211 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY COMPONENT, 2016–2019 (USD MILLION) 168
TABLE 212 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY COMPONENT, 2020–2025 (USD MILLION) 169
TABLE 213 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY SERVICE,
2016–2019 (USD MILLION) 169
TABLE 214 FUNCTIONAL SAFETY MARKET FOR OIL & GAS INDUSTRY, BY SERVICE,
2020–2025 (USD MILLION) 169
8.2.2 IMPACT OF COVID-19 ON OIL & GAS INDUSTRY 170
TABLE 215 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR OIL& GAS, 2016–2025 170
8.3 FOOD & BEVERAGES 170
8.3.1 FOOD & BEVERAGES INDUSTRY EMPLOYS FUNCTIONAL SAFETY DUE TO REGULATORY ISSUES 170
TABLE 216 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY OFFERING, 2016–2019 (USD MILLION) 171
TABLE 217 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY OFFERING, 2020–2025 (USD MILLION) 171
TABLE 218 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY SYSTEM, 2016–2019 (USD MILLION) 171
TABLE 219 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY SYSTEM, 2020–2025 (USD MILLION) 172
TABLE 220 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY COMPONENT, 2016–2019 (USD MILLION) 172
TABLE 221 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY COMPONENT, 2020–2025 (USD MILLION) 173
TABLE 222 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY SERVICE, 2016–2019 (USD MILLION) 173
TABLE 223 FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY SERVICE, 2020–2025 (USD MILLION) 173
8.3.2 IMPACT OF COVID-19 ON FOOD & BEVERAGES INDUSTRY 174
TABLE 224 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR FOOD & BEVERAGES, 2016–2025 174
8.4 PHARMACEUTICALS 174
8.4.1 PHARMACEUTICAL COMPANIES IMPLEMENT FUNCTIONAL SAFETY TO PREVENT POTENTIAL HAZARDS 174
TABLE 225 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY OFFERING, 2016–2019 (USD MILLION) 175
TABLE 226 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY OFFERING, 2020–2025 (USD MILLION) 175
TABLE 227 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY SYSTEM, 2016–2019 (USD MILLION) 175
TABLE 228 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY SYSTEM, 2020–2025 (USD MILLION) 176
TABLE 229 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY COMPONENT, 2016–2019 (USD MILLION) 176
TABLE 230 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY COMPONENT, 2020–2025 (USD MILLION) 177
TABLE 231 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY SERVICE, 2016–2019 (USD MILLION) 177
TABLE 232 FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS INDUSTRY,
BY SERVICE, 2020–2025 (USD MILLION) 177
8.4.2 IMPACT OF COVID-19 ON PHARMACEUTICALS INDUSTRY 178
TABLE 233 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR PHARMACEUTICALS, 2016–2025 178
8.5 CHEMICALS 178
8.5.1 DEMAND FOR SAFETY AND RELIABILITY IN CHEMICALS INDUSTRY PROPELS GROWTH OF FUNCTIONAL SAFETY MARKET 178
TABLE 234 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY OFFERING, 2016–2019 (USD MILLION) 179
TABLE 235 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY OFFERING, 2020–2025 (USD MILLION) 179
TABLE 236 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY SYSTEM, 2016–2019 (USD MILLION) 179
TABLE 237 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY SYSTEM, 2020–2025 (USD MILLION) 180
TABLE 238 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY COMPONENT, 2016–2019 (USD MILLION) 180
TABLE 239 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY COMPONENT, 2020–2025 (USD MILLION) 181
TABLE 240 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY SERVICE, 2016–2019 (USD MILLION) 181
TABLE 241 FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY, BY SERVICE, 2020–2025 (USD MILLION) 181
8.5.2 IMPACT OF COVID-19 ON CHEMICALS INDUSTRY 182
TABLE 242 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR CHEMICALS INDUSTRY 182
8.6 POWER GENERATION 182
8.6.1 POWER GENERATION INDUSTRY USES FUNCTIONAL SAFETY FOR PROTECTING PLANTS FROM HAZARDS 182
TABLE 243 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY OFFERING, 2016–2019 (USD MILLION) 183
TABLE 244 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY OFFERING, 2020–2025 (USD MILLION) 183
TABLE 245 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY SYSTEM, 2016–2019 (USD MILLION) 183
TABLE 246 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY SYSTEM, 2020–2025 (USD MILLION) 184
TABLE 247 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY COMPONENT, 2016–2019 (USD MILLION) 184
TABLE 248 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY COMPONENT, 2020–2025 (USD MILLION) 185
TABLE 249 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY SERVICE, 2016–2019 (USD MILLION) 185
TABLE 250 FUNCTIONAL SAFETY MARKET FOR POWER GENERATION INDUSTRY,
BY SERVICE, 2020–2025 (USD MILLION) 185
8.6.2 IMPACT OF COVID-19 ON POWER GENERATION INDUSTRY 186
TABLE 251 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR POWER GENERATION, 2016–2025 186
8.7 METALS & MINING 186
8.7.1 FUNCTIONAL SAFETY SYSTEMS HELP ENSURE EFFICIENT AND SAFE PRODUCTION IN METALS & MINING INDUSTRY 186
TABLE 252 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY OFFERING, 2016–2019 (USD MILLION) 187
TABLE 253 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY OFFERING, 2020–2025 (USD MILLION) 187
TABLE 254 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY SYSTEM, 2016–2019 (USD MILLION) 187
TABLE 255 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY SYSTEM, 2020–2025 (USD MILLION) 188
TABLE 256 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY COMPONENT, 2016–2019 (USD MILLION) 188
TABLE 257 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY COMPONENT, 2020–2025 (USD MILLION) 189
TABLE 258 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY SERVICE, 2016–2019 (USD MILLION) 189
TABLE 259 FUNCTIONAL SAFETY MARKET FOR METAL & MINING INDUSTRY, BY SERVICE, 2020–2025 (USD MILLION) 189
8.7.2 IMPACT OF COVID-19 ON METALS & MINING INDUSTRY 190
TABLE 260 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR METALS & MINING, 2016–2025 190

8.8 WATER & WASTEWATER 190
8.8.1 FUNCTIONAL SAFETY HELPS IN IMPROVING OPERATIONAL EFFICIENCY AND SAVING OPERATIONAL COSTS OF WATER & WASTEWATER TREATMENT PLANTS 190
TABLE 261 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY OFFERING, 2016–2019 (USD MILLION) 191
TABLE 262 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY OFFERING, 2020–2025 (USD MILLION) 191
TABLE 263 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY SYSTEM, 2016–2019 (USD MILLION) 191
TABLE 264 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY SYSTEM, 2020–2025 (USD MILLION) 192
TABLE 265 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY COMPONENT, 2016–2019 (USD MILLION) 192
TABLE 266 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY COMPONENT, 2020–2025 (USD MILLION) 193
TABLE 267 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY SERVICE, 2016–2019 (USD MILLION) 193
TABLE 268 FUNCTIONAL SAFETY MARKET FOR WATER & WASTEWATER INDUSTRY,
BY SERVICE, 2020–2025 (USD MILLION) 193
8.8.2 IMPACT OF COVID-19 ON WATER & WASTEWATER INDUSTRY 194
TABLE 269 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR WATER &WASTEWATER INDUSTRY, 2016–2025 194
8.9 OTHERS 194
TABLE 270 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY OFFERING,
2016–2019 (USD MILLION) 195
TABLE 271 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY OFFERING,
2020–2025 (USD MILLION) 195
TABLE 272 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY SYSTEM,
2016–2019 (USD MILLION) 195
TABLE 273 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY SYSTEM,
2020–2025 (USD MILLION) 196
TABLE 274 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY COMPONENT, 2016–2019 (USD MILLION) 196
TABLE 275 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY COMPONENT, 2020–2025 (USD MILLION) 197
TABLE 276 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY SERVICE,
2016–2019 (USD MILLION) 197
TABLE 277 FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, BY SERVICE,
2020–2025 (USD MILLION) 197
8.9.1 IMPACT OF COVID-19 ON OTHER INDUSTRIES 198
TABLE 278 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET FOR OTHER INDUSTRIES, 2016–2025 198

9 GEOGRAPHIC ANALYSIS 199
9.1 INTRODUCTION 200
FIGURE 25 MARKET IN CHINA TO GROW AT FASTEST RATE DURING FORECAST PERIOD 200
TABLE 279 FUNCTIONAL SAFETY MARKET, BY REGION, 2016–2019 (USD MILLION) 201
TABLE 280 FUNCTIONAL SAFETY MARKET, BY REGION, 2020–2025 (USD MILLION) 201
9.2 NORTH AMERICA 201
FIGURE 26 NORTH AMERICA: SNAPSHOT OF FUNCTIONAL SAFETY MARKET 202
TABLE 281 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION) 202
TABLE 282 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY COUNTRY,
2020 - 2025 (USD MILLION) 203
TABLE 283 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY SYSTEM,
2016–2019 (USD MILLION) 203
TABLE 284 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY SYSTEM,
2020–2025 (USD MILLION) 203
TABLE 285 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY OFFERING,
2016–2019 (USD MILLION) 204
TABLE 286 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY OFFERING,
2020–2025 (USD MILLION) 204
TABLE 287 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY SERVICE,
2016–2019 (USD MILLION) 204
TABLE 288 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY SERVICE,
2020–2025 (USD MILLION) 205
TABLE 289 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY COMPONENT,
2016–2019 (USD MILLION) 205
TABLE 290 FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, BY COMPONENT,
2020–2025 (USD MILLION) 205
9.2.1 IMPACT OF COVID-19 ON NORTH AMERICAN MARKET 206
TABLE 291 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET IN NORTH AMERICA, 2016–2025 206
9.2.2 US 206
9.2.2.1 US to hold largest size of functional safety market in North America during forecast period 206
9.2.3 CANADA 207
9.2.3.1 Strict government regulations drive functional safety market in Canada 207
9.2.4 MEXICO 207
9.2.4.1 Abundance of oil & gas reserves in Mexico to offer opportunities for functional safety manufacturers 207
9.3 EUROPE 208
FIGURE 27 EUROPE: SNAPSHOT OF FUNCTIONAL SAFETY MARKET 208
TABLE 292 FUNCTIONAL SAFETY MARKET IN EUROPE, BY COUNTRY,
2016–2019 (USD MILLION) 209
TABLE 293 FUNCTIONAL SAFETY MARKET IN EUROPE, BY COUNTRY,
2020–2025 (USD MILLION) 209
TABLE 294 FUNCTIONAL SAFETY MARKET IN EUROPE, BY SYSTEM,
2016–2019 (USD MILLION) 209
TABLE 295 FUNCTIONAL SAFETY MARKET IN EUROPE, BY SYSTEM,
2020–2025 (USD MILLION) 210
TABLE 296 FUNCTIONAL SAFETY MARKET IN EUROPE, BY OFFERING,
2016–2019 (USD MILLION) 210
TABLE 297 FUNCTIONAL SAFETY MARKET IN EUROPE, BY OFFERING,
2020–2025 (USD MILLION) 210
TABLE 298 FUNCTIONAL SAFETY MARKET IN EUROPE, BY SERVICE,
2016–2019 (USD MILLION) 210
TABLE 299 FUNCTIONAL SAFETY MARKET IN EUROPE, BY SERVICE,
2020–2025 (USD MILLION) 211
TABLE 300 FUNCTIONAL SAFETY MARKET IN EUROPE, BY COMPONENT,
2016–2019 (USD MILLION) 211
TABLE 301 FUNCTIONAL SAFETY MARKET IN EUROPE, BY COMPONENT,
2020–2025 (USD MILLION) 211
9.3.1 IMPACT OF COVID-19 ON EUROPEAN MARKET 212
TABLE 302 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET IN EUROPE, 2016–2025 212
9.3.2 UK 212
9.3.2.1 Mandates for safety regulations propel demand for functional safety systems and services in UK 212
9.3.3 GERMANY 213
9.3.3.1 Germany to hold largest size of functional safety market in Europe during forecast period 213
9.3.4 FRANCE 213
9.3.4.1 Stringent safety requirements are driving functional safety market in France 213
9.3.5 REST OF EUROPE 213
9.4 APAC 214
FIGURE 28 APAC: SNAPSHOT OF FUNCTIONAL SAFETY MARKET 215
TABLE 303 FUNCTIONAL SAFETY MARKET IN APAC, BY COUNTRY,
2016–2019 (USD MILLION) 216
TABLE 304 FUNCTIONAL SAFETY MARKET IN APAC, BY COUNTRY,
2020–2025 (USD MILLION) 216
TABLE 305 FUNCTIONAL SAFETY MARKET IN APAC, BY SYSTEM,
2016–2019 (USD MILLION) 216
TABLE 306 FUNCTIONAL SAFETY MARKET IN APAC, BY SYSTEM,
2020–2025 (USD MILLION) 217
TABLE 307 FUNCTIONAL SAFETY MARKET IN APAC, BY OFFERING,
2016–2019 (USD MILLION) 217
TABLE 308 FUNCTIONAL SAFETY MARKET IN APAC, BY OFFERING,
2020–2025 (USD MILLION) 217
TABLE 309 FUNCTIONAL SAFETY MARKET IN APAC, BY SERVICE,
2016–2019 (USD MILLION) 217
TABLE 310 FUNCTIONAL SAFETY MARKET IN APAC, BY SERVICE,
2020–2025 (USD MILLION) 218
TABLE 311 FUNCTIONAL SAFETY MARKET IN APAC, BY COMPONENT,
2016–2019 (USD MILLION) 218
TABLE 312 FUNCTIONAL SAFETY MARKET IN APAC, BY COMPONENT,
2020–2025 (USD MILLION) 218
9.4.1 IMPACT OF COVID-19 ON MARKET IN APAC 219
TABLE 313 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET IN
BY APAC, 2016–2025 219
9.4.2 CHINA 219
9.4.2.1 Oil & gas and chemicals are major end-user industries for functional safety in China 219
9.4.3 JAPAN 220
9.4.3.1 Fast-growing process industries in Japan are adhering to safety standards thereby, driving adoption of functional safety products 220
9.4.4 INDIA 220
9.4.4.1 Functional safety market in India to grow at highest CAGR during forecast period 220
9.4.5 SOUTH KOREA 221
9.4.5.1 Stringent law to prevent industrial accidents drives functional safety market in South Korea 221
9.4.6 REST OF APAC 221
9.5 ROW 222
FIGURE 29 MIDDLE EAST TO HOLD LARGER SIZE OF FUNCTIONAL SAFETY MARKET IN 2025 222
TABLE 314 FUNCTIONAL SAFETY MARKET IN ROW, BY REGION,
2016–2019 (USD MILLION) 222
TABLE 315 FUNCTIONAL SAFETY MARKET IN ROW, BY REGION,
2020–2025 (USD MILLION) 222
TABLE 316 FUNCTIONAL SAFETY MARKET IN ROW, BY SYSTEM,
2016–2019 (USD MILLION) 223
TABLE 317 FUNCTIONAL SAFETY MARKET IN ROW, BY SYSTEM,
2020–2025 (USD MILLION) 223
TABLE 318 FUNCTIONAL SAFETY MARKET IN ROW, BY OFFERING,
2016–2019 (USD MILLION) 223
TABLE 319 FUNCTIONAL SAFETY MARKET IN ROW, BY OFFERING,
2020–2025 (USD MILLION) 224
TABLE 320 FUNCTIONAL SAFETY MARKET IN ROW, BY SERVICE,
2016–2019 (USD MILLION) 224
TABLE 321 FUNCTIONAL SAFETY MARKET IN ROW, BY SERVICE,
2020–2025 (USD MILLION) 224
TABLE 322 FUNCTIONAL SAFETY MARKET IN ROW, BY COMPONENT,
2016–2019 (USD MILLION) 225
TABLE 323 FUNCTIONAL SAFETY MARKET IN ROW, BY COMPONENT,
2020–2025 (USD MILLION) 225
9.5.1 IMPACT OF COVID-19 ON MARKET IN ROW 226
TABLE 324 PRE- AND POST-COVID-19 ANALYSIS OF FUNCTIONAL SAFETY MARKET IN ROW, 2016–2025 226
9.5.2 SOUTH AMERICA 226
9.5.2.1 South America to be booming market for functional safety solutions 226

9.5.3 MIDDLE EAST & AFRICA 227
9.5.3.1 Middle East held larger size of functional safety market for oil & gas industry in 2019 227
10 COMPETITIVE LANDSCAPE 228
10.1 OVERVIEW 228
FIGURE 30 KEY DEVELOPMENTS IN FUNCTIONAL SAFETY MARKET (2019 TO 2020) 228
10.2 MARKET RANKING ANALYSIS: FUNCTIONAL SAFETY MARKET 229
FIGURE 31 RANKING OF KEY PLAYERS IN FUNCTIONAL SAFETY MARKET, 2019 229
10.3 COMPETITIVE LEADERSHIP MAPPING 229
10.3.1 VISIONARIES 229
10.3.2 INNOVATORS 229
10.3.3 DYNAMIC DIFFERENTIATORS 230
10.3.4 EMERGING COMPANIES 230
FIGURE 32 FUNCTIONAL SAFETY MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019 230
10.4 STRENGTH OF PRODUCT PORTFOLIO 231
FIGURE 33 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN FUNCTIONAL SAFETY MARKET 231
10.5 BUSINESS STRATEGY EXCELLENCE 232
FIGURE 34 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN FUNCTIONAL SAFETY MARKET 232
10.6 COMPETITIVE SITUATION & TRENDS 233
10.6.1 CONTRACTS, AGREEMENTS, AND PARTNERSHIPS 233
TABLE 325 CONTRACTS, AGREEMENTS, AND PARTNERSHIPS, JOINT VENTURES,
2018–2020 233
10.6.2 PRODUCT LAUNCHES & DEVELOPMENTS 235
TABLE 326 PRODUCT LAUNCHES AND DEVELOPMENTS, 2018–2020 235
10.6.3 ACQUISITIONS 237
TABLE 327 ACQUISITIONS, 2017–2018 237
11 COMPANY PROFILES 238
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 KEY PLAYERS 238
11.1.1 SCHNEIDER ELECTRIC 238
FIGURE 35 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 238
11.1.2 HONEYWELL 241
FIGURE 36 HONEYWELL: COMPANY SNAPSHOT 241
11.1.3 ABB 244
FIGURE 37 ABB: COMPANY SNAPSHOT 244
11.1.4 ROCKWELL 247
FIGURE 38 ROCKWELL: COMPANY SNAPSHOT 247
11.1.5 HIMA PAUL 250
11.1.6 YOKOGAWA 252
FIGURE 39 YOKOGAWA: COMPANY SNAPSHOT 252
11.1.7 EMERSON ELECTRIC 254
FIGURE 40 EMERSON: COMPANY SNAPSHOT 254
11.1.8 GE 256
FIGURE 41 GE: COMPANY SNAPSHOT 256
FIGURE 42 OMRON: COMPANY SNAPSHOT 258
11.1.10 SIEMENS AG 260
FIGURE 43 SIEMENS: COMPANY SNAPSHOT 260
11.2 RIGHT TO WIN 262
11.3 OTHER KEY PLAYERS 263
11.3.1 JOHNSON CONTROLS 263
11.3.2 BALLUFF GMBH 264
11.3.3 MOGAS INDUSTRIES 265
11.3.4 PIETRO FIORENTINI (ARVAN SRL) 265
11.3.5 FRAMES GROUP 266
11.3.6 SCHLUMBERGER 266
11.3.7 INTERTEK 267
11.3.8 DEKRA SE 268
11.3.9 TÜV SÜD 268
11.3.10 TUV RHEINLAND 269
11.3.11 SGS GROUP 270
11.3.12 EXIDA 270
11.3.13 VELAN INC 271
11.3.14 PALADON SYSTEMS LTD. 271
11.3.15 PROSERV INGENIOUS SIMPLICITY 272
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 ADJACENT & RELATED MARKETS 273
12.1 INTRODUCTION 273
12.2 LIMITATIONS 273
12.3 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY INDUSTRY 274
12.3.1 INTRODUCTION 274
TABLE 328 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY INDUSTRY, 2016–2024 (USD BILLION) 274
TABLE 329 PROCESS AUTOMATION AND INSTRUMENTATION MARKET FOR SOLUTIONS, BY INDUSTRY, 2016–2024 (USD BILLION) 275
TABLE 330 PROCESS AUTOMATION AND INSTRUMENTATION MARKET FOR INSTRUMENTS, BY INDUSTRY, 2016–2024 (USD BILLION) 275
12.3.2 CHEMICALS 276
12.3.3 ENERGY & POWER 276
12.3.4 FOOD & BEVERAGES 276
12.3.5 METALS & MINING 276
12.3.6 OIL & GAS 276
12.3.7 PHARMACEUTICALS 277
12.3.8 PULP & PAPER 277
12.3.9 WATER & WASTEWATER 277
12.3.10 OTHERS 277
12.4 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY REGION 278
12.4.1 INTRODUCTION 278
TABLE 331 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY REGION, 2016–2024 (USD BILLION) 278
12.4.2 NORTH AMERICA 279
TABLE 332 PROCESS AUTOMATION AND INSTRUMENTATION MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD BILLION) 279
12.4.2.1 US 279
12.4.2.2 CANADA 280
12.4.2.3 Mexico 280
12.4.3 EUROPE 280
TABLE 333 PROCESS AUTOMATION AND INSTRUMENTATION MARKET IN EUROPE,
BY COUNTRY, 2016–2024 (USD BILLION) 280
12.4.3.1 Germany 281
12.4.3.2 UK 281
12.4.3.3 France 281
12.4.3.4 Rest of EUROPE 281
12.4.4 APAC 282
TABLE 334 PROCESS AUTOMATION AND INSTRUMENTATION MARKET IN APAC,
BY COUNTRY, 2016–2024 (USD BILLION) 282
12.4.4.1 China 282
12.4.5 JAPAN 282
12.4.6 INDIA 283
12.4.7 REST OF APAC 283
12.5 ROW 284
TABLE 335 PROCESS AUTOMATION & INSTRUMENTATION MARKET IN ROW, BY REGION, 2016–2024 (USD BILLION) 284
12.5.1 MIDDLE EAST & AFRICA 284
12.5.2 SOUTH AMERICA 284
13 APPENDIX 285
13.1 INSIGHTS OF INDUSTRY EXPERTS 285
13.2 DISCUSSION GUIDE—FUNCTIONAL SAFETY MARKET 286
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 289
13.4 AVAILABLE CUSTOMIZATIONS 291
13.5 RELATED REPORTS 291
13.6 AUTHOR DETAILS 292

★調査レポート[新型コロナウイルス感染症の影響による機能安全の世界市場予測：提供方式別（コンポーネント（安全センサー、プログラマブル安全システム、最終制御要素）、サービス）、システム別（ESD、TMC、F＆G、HIPPS、BMS）、産業別（石油・ガス、化学、発電）、地域別] ( Functional Safety Market with Covid-19 Impact Analysis by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2025 / SE 5286) 販売に関する免責事項

[新型コロナウイルス感染症の影響による機能安全の世界市場予測：提供方式別（コンポーネント（安全センサー、プログラマブル安全システム、最終制御要素）、サービス）、システム別（ESD、TMC、F＆G、HIPPS、BMS）、産業別（石油・ガス、化学、発電）、地域別] ( Functional Safety Market with Covid-19 Impact Analysis by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2025 / SE 5286) についてEメールでお問い合わせ

◆関連調査資料◆

ヘリコプターの世界市場予測：POS別（OEM、アフターマーケット）、OEM種類別（軽量型、中量型、重量型）、OEM用途別（軍事、民間、商業）、OEMエンジン番号別、OEMコンポーネント・システム別、コンポーネント・システム別、地域別
AS 5591 / MarketsandMarkets / 2020年7月29日 / MarketsandMarkets社はヘリコプターの世界市場が2020年213億ドルから2025年369億ドルまで、年平均11.7％成長すると予想しています。本調査レポートでは、ヘリコプターの世界市場について、イントロダクション、調査手法、エグゼクティブサマリー、プレミアムインサイト、市場概要、産業動向、販売時点情報管理（POS）別（OEM、アフターマーケット）分析、種類別（軍事、民間・商業）分析、用途別（民間・商業、軍事）分析、コンポーネント・システム別（機体、エンジン）分析、エンジン別（ツインエンジン、シングルエンジン）分析、コンポーネント・システム別（メインローターシステム、アビオニクス、着陸装置システム、緊急システム、エアロストラクチャー）分析、地域別分析、競争状況、企業評価マトリックス・企業情報などを総合的、多面的に調査・分析しました。・イントロダクション・調査手法・エグゼクティブサマリー・プレミアムインサイト・市場概要・産業動向・ヘリコプターの世界市場規模：POS別（OEM、アフターマーケット）・ヘリコプターの世界市場規模：種類別（軍事、民間・商業）・ヘリコプターの世界市場規模：用途別（民間・商業、軍事）...“Increased demand for military helicopters is expected to drive the growth of helicopters market.” The global helicopters market is projected to grow from USD 21.3 billion in 2020 to USD 36.9 billion by 2025, at a CAGR of 11.7% during the forecast period. The development of next-generation helicopters is one of the significant factors driving the growth of the market. In addition, increased automation, technological advancements, and expansion of the aviation industry are additional factors expected to lead to the growth of the helicopters market in the near future. The helicopter market includes major players Airbus Helicopters SAS (France), Bell...

統合型職場管理システム（IWMS）の世界市場予測：提供方式別（ソリューション、サービス（プロフェッショナル・マネージド））、展開種類別、組織規模別、産業別（不動産・建設、医療、小売、教育）、地域別
TC 4270 / MarketsandMarkets / 2020年7月17日 / MarketsandMarkets社は統合型職場管理システム（IWMS）の世界市場が2020年26億ドルから2025年46億ドルまで、年平均12.5％成長すると予想しています。本調査レポートでは、統合型職場管理システム（IWMS）の世界市場について、イントロダクション、調査手法、エグゼクティブサマリー、プレミアムインサイト、市場概要・産業動向、提供別（ソリューション、サービス）分析、展開種類別（オンプロミス、クラウド）分析、組織規模別（中小企業、大企業）分析、産業別（公共、IT・通信、製造、金融、不動産・建設）分析、地域別分析、競争状況、企業情報などを総合的、多面的に調査・分析しました。・イントロダクション・調査手法・エグゼクティブサマリー・プレミアムインサイト・市場概要・産業動向・統合型職場管理システム（IWMS）の世界市場規模：提供別（ソリューション、サービス）・統合型職場管理システム（IWMS）の世界市場規模：展開種類別（オンプロミス、クラウド）・統合型職場管理システム（IWMS）の世界市場規模：組織規模別（中小企業、大企業）・統合型職場管理システム（IWMS）の世界市場規模：産業別（公共、IT・通信、製造、金融、不動産・建設）...“The need for improved and efficient operational solutions across facilities and workplace to drive the growth for IWMS market.” The global Integrated Workplace Management System(IWMS) market size is projected to grow fromUSD 2.6billion in 2020 to USD 4.6billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.5% from 2020 to 2025. The IWMS market is expected to grow at a fast pace, owing to the increased adoption of the Internet of Things (IoT), and Information and Communications Technology (ICT) across different industry verticals. In addition to this, the growth of the cloud-based deployment model for IWMS solutions is...

新型コロナウイルス感染症の影響によるアイトラッキングの世界市場予測：提供方式別（ハードウェア、ソフトウェア、サービス）、追跡種類別（遠隔型、移動型）、用途別（支援通信、人間行動・市場調査）、産業別、地域別
SE 3886 / MarketsandMarkets / 2020年7月16日 / MarketsandMarkets社は新型コロナウイルス感染症の影響によるアイトラッキングの世界市場が2020年3億6800万ドルから2025年10億9,800万ドルまで、年平均24.5％成長すると予想しています。本調査レポートでは、新型コロナウイルス感染症の影響によるアイトラッキングの世界市場について、イントロダクション、調査手法、エグゼクティブサマリー、プレミアムインサイト、市場概要、提供方式別（ハードウェア、ソフトウェア、リサーチ＆コンサルティングサービス）分析、追跡種類別（遠隔追跡、移動型追跡）分析、用途別（コミュニケーション支援、人間行動・研究、その他）分析、産業別（小売・広告、家電、医療・研究ラボ、政府機関、防衛）分析、取付種類別（頭部装着型、車椅子取付型、卓上/装置取付型）分析、地域別分析、競争状況、企業情報などを総合的、多面的に調査・分析しました。・イントロダクション・調査手法・エグゼクティブサマリー・プレミアムインサイト・市場概要・新型コロナウイルス感染症の影響によるアイトラッキングの世界市場規模：提供方式別（ハードウェア、ソフトウェア、リサーチ＆コンサルティングサービス）・新型コロナウイルス感染症の影響によるアイトラッキングの世界市場規模：追跡種類別（遠隔追跡、移動型追跡）・新型コロナウイルス感染症の影響によるアイトラッキングの世界市場規模：用途別（コミュニケーション支援、人間行動・研究、その他）・新型コロナウイルス感染症の影響によるアイトラッキングの世界市場規模：産業別（小売・広告、家電、医療・研究ラボ、政府機関、防衛）...“Rising adoption of eye tracking technology for personalized advertisements and consumer research and surging demand for eye tracking-based assistive communication devices drive market growth.” The eye tracking market is expected to grow at a CAGR of 24.5% from 2020 to 2025, to reach USD 1,098 million by 2025 from USD 368 million in 2020. The rising adoption of eye tracking technology for personalized advertisements and consumer research and surging demand for eye tracking-based assistive communication devices are key driving factors for the eye tracking market growth. However, the lack of technological standardization and the high cost of equipment are a...

◆H&Iグローバルリサーチ株式会社のお客様（例）◆