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Functional Safety Market

Functional Safety Market Size, Share & Trends Analysis Report By Device Type (Safety Sensors, Safety controllers/Modules/Relays, Safety Switches, Programmable Safety Systems, Emergency Stop Devices, Final Control Elements, Others), By Safety System (Burner Management System, Turbomachinery Control (TMC) System, High-Integrity Pressure Protection Systems (HIPPS), Fire and Gas Monitoring Control System, Emergency Shutdown Systems (ESD), Supervisory Control and Data Acquisition (SCADA) Systems, Distributed Control System (DCS).), By End-User (Oil and Gas, Power Generation, Food and Beverage, Pharmaceutical, Automotive, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Report Code: SRTE1724DR
Study Period 2018-2030 CAGR 10.87%
Historical Period 2018-2020 Forecast Period 2022-2030
Base Year 2021 Base Year Market Size USD 10,448.37 Million
Forecast Year 2030 Forecast Year Market Size USD 26450 Million
Largest Market Europe Fastest Growing Market North America
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Market Segmentation

  1. Functional Safety Market, By Device Type (2020-2030)
    1. Safety Sensors
    2. Safety controllers/Modules/Relays
    3. Safety Switches
    4. Programmable Safety Systems
    5. Emergency Stop Devices
    6. Final Control Elements
    7. Others
  2. Functional Safety Market, By Safety System (2020-2030)
    1. Burner Management System
    2. Turbomachinery Control (TMC) System
    3. High-Integrity Pressure Protection Systems (HIPPS)
    4. Fire and Gas Monitoring Control System
    5. Emergency Shutdown Systems (ESD)
    6. Supervisory Control and Data Acquisition (SCADA) Systems
    7. Distributed Control System (DCS).
  3. Functional Safety Market, By End-User (2020-2030)
    1. Oil and Gas
    2. Power Generation
    3. Food and Beverage
    4. Pharmaceutical
    5. Automotive
    6. Others
    1. North America
      1. North America Functional Safety Market, By Device Type
        1. Safety Sensors
          1. Safety controllers/Modules/Relays
            1. Safety Switches
              1. Programmable Safety Systems
                1. Emergency Stop Devices
                  1. Final Control Elements
                    1. Others
                    2. North America Functional Safety Market, By Safety System
                      1. Burner Management System
                        1. Turbomachinery Control (TMC) System
                          1. High-Integrity Pressure Protection Systems (HIPPS)
                            1. Fire and Gas Monitoring Control System
                              1. Emergency Shutdown Systems (ESD)
                                1. Supervisory Control and Data Acquisition (SCADA) Systems
                                  1. Distributed Control System (DCS).
                                  2. North America Functional Safety Market, By End-User
                                    1. Oil and Gas
                                      1. Power Generation
                                        1. Food and Beverage
                                          1. Pharmaceutical
                                            1. Automotive
                                              1. Others
                                              2. U.S.
                                                1. U.S. Functional Safety Market, By Device Type
                                                  1. Safety Sensors
                                                    1. Safety controllers/Modules/Relays
                                                      1. Safety Switches
                                                        1. Programmable Safety Systems
                                                          1. Emergency Stop Devices
                                                            1. Final Control Elements
                                                              1. Others
                                                              2. U.S. Functional Safety Market, By Safety System
                                                                1. Burner Management System
                                                                  1. Turbomachinery Control (TMC) System
                                                                    1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                      1. Fire and Gas Monitoring Control System
                                                                        1. Emergency Shutdown Systems (ESD)
                                                                          1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                            1. Distributed Control System (DCS).
                                                                            2. U.S. Functional Safety Market, By End-User
                                                                              1. Oil and Gas
                                                                                1. Power Generation
                                                                                  1. Food and Beverage
                                                                                    1. Pharmaceutical
                                                                                      1. Automotive
                                                                                        1. Others
                                                                                      2. Canada
                                                                                    2. Europe
                                                                                      1. Europe Functional Safety Market, By Device Type
                                                                                        1. Safety Sensors
                                                                                          1. Safety controllers/Modules/Relays
                                                                                            1. Safety Switches
                                                                                              1. Programmable Safety Systems
                                                                                                1. Emergency Stop Devices
                                                                                                  1. Final Control Elements
                                                                                                    1. Others
                                                                                                    2. Europe Functional Safety Market, By Safety System
                                                                                                      1. Burner Management System
                                                                                                        1. Turbomachinery Control (TMC) System
                                                                                                          1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                            1. Fire and Gas Monitoring Control System
                                                                                                              1. Emergency Shutdown Systems (ESD)
                                                                                                                1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                  1. Distributed Control System (DCS).
                                                                                                                  2. Europe Functional Safety Market, By End-User
                                                                                                                    1. Oil and Gas
                                                                                                                      1. Power Generation
                                                                                                                        1. Food and Beverage
                                                                                                                          1. Pharmaceutical
                                                                                                                            1. Automotive
                                                                                                                              1. Others
                                                                                                                              2. U.K.
                                                                                                                                1. U.K. Functional Safety Market, By Device Type
                                                                                                                                  1. Safety Sensors
                                                                                                                                    1. Safety controllers/Modules/Relays
                                                                                                                                      1. Safety Switches
                                                                                                                                        1. Programmable Safety Systems
                                                                                                                                          1. Emergency Stop Devices
                                                                                                                                            1. Final Control Elements
                                                                                                                                              1. Others
                                                                                                                                              2. U.K. Functional Safety Market, By Safety System
                                                                                                                                                1. Burner Management System
                                                                                                                                                  1. Turbomachinery Control (TMC) System
                                                                                                                                                    1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                                                                      1. Fire and Gas Monitoring Control System
                                                                                                                                                        1. Emergency Shutdown Systems (ESD)
                                                                                                                                                          1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                                                            1. Distributed Control System (DCS).
                                                                                                                                                            2. U.K. Functional Safety Market, By End-User
                                                                                                                                                              1. Oil and Gas
                                                                                                                                                                1. Power Generation
                                                                                                                                                                  1. Food and Beverage
                                                                                                                                                                    1. Pharmaceutical
                                                                                                                                                                      1. Automotive
                                                                                                                                                                        1. Others
                                                                                                                                                                      2. Germany
                                                                                                                                                                      3. France
                                                                                                                                                                      4. Spain
                                                                                                                                                                      5. Italy
                                                                                                                                                                      6. Russia
                                                                                                                                                                      7. Nordic
                                                                                                                                                                      8. Benelux
                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                    2. APAC
                                                                                                                                                                      1. APAC Functional Safety Market, By Device Type
                                                                                                                                                                        1. Safety Sensors
                                                                                                                                                                          1. Safety controllers/Modules/Relays
                                                                                                                                                                            1. Safety Switches
                                                                                                                                                                              1. Programmable Safety Systems
                                                                                                                                                                                1. Emergency Stop Devices
                                                                                                                                                                                  1. Final Control Elements
                                                                                                                                                                                    1. Others
                                                                                                                                                                                    2. APAC Functional Safety Market, By Safety System
                                                                                                                                                                                      1. Burner Management System
                                                                                                                                                                                        1. Turbomachinery Control (TMC) System
                                                                                                                                                                                          1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                                                                                                            1. Fire and Gas Monitoring Control System
                                                                                                                                                                                              1. Emergency Shutdown Systems (ESD)
                                                                                                                                                                                                1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                                                                                                  1. Distributed Control System (DCS).
                                                                                                                                                                                                  2. APAC Functional Safety Market, By End-User
                                                                                                                                                                                                    1. Oil and Gas
                                                                                                                                                                                                      1. Power Generation
                                                                                                                                                                                                        1. Food and Beverage
                                                                                                                                                                                                          1. Pharmaceutical
                                                                                                                                                                                                            1. Automotive
                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                              2. China
                                                                                                                                                                                                                1. China Functional Safety Market, By Device Type
                                                                                                                                                                                                                  1. Safety Sensors
                                                                                                                                                                                                                    1. Safety controllers/Modules/Relays
                                                                                                                                                                                                                      1. Safety Switches
                                                                                                                                                                                                                        1. Programmable Safety Systems
                                                                                                                                                                                                                          1. Emergency Stop Devices
                                                                                                                                                                                                                            1. Final Control Elements
                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                              2. China Functional Safety Market, By Safety System
                                                                                                                                                                                                                                1. Burner Management System
                                                                                                                                                                                                                                  1. Turbomachinery Control (TMC) System
                                                                                                                                                                                                                                    1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                                                                                                                                                      1. Fire and Gas Monitoring Control System
                                                                                                                                                                                                                                        1. Emergency Shutdown Systems (ESD)
                                                                                                                                                                                                                                          1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                                                                                                                                            1. Distributed Control System (DCS).
                                                                                                                                                                                                                                            2. China Functional Safety Market, By End-User
                                                                                                                                                                                                                                              1. Oil and Gas
                                                                                                                                                                                                                                                1. Power Generation
                                                                                                                                                                                                                                                  1. Food and Beverage
                                                                                                                                                                                                                                                    1. Pharmaceutical
                                                                                                                                                                                                                                                      1. Automotive
                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                                                                      4. India
                                                                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                                                                      6. Taiwan
                                                                                                                                                                                                                                                      7. South East Asia
                                                                                                                                                                                                                                                      8. Rest of Asia-Pacific
                                                                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                                                                      1. Middle East and Africa Functional Safety Market, By Device Type
                                                                                                                                                                                                                                                        1. Safety Sensors
                                                                                                                                                                                                                                                          1. Safety controllers/Modules/Relays
                                                                                                                                                                                                                                                            1. Safety Switches
                                                                                                                                                                                                                                                              1. Programmable Safety Systems
                                                                                                                                                                                                                                                                1. Emergency Stop Devices
                                                                                                                                                                                                                                                                  1. Final Control Elements
                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                    2. Middle East and Africa Functional Safety Market, By Safety System
                                                                                                                                                                                                                                                                      1. Burner Management System
                                                                                                                                                                                                                                                                        1. Turbomachinery Control (TMC) System
                                                                                                                                                                                                                                                                          1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                                                                                                                                                                                            1. Fire and Gas Monitoring Control System
                                                                                                                                                                                                                                                                              1. Emergency Shutdown Systems (ESD)
                                                                                                                                                                                                                                                                                1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                                                                                                                                                                                  1. Distributed Control System (DCS).
                                                                                                                                                                                                                                                                                  2. Middle East and Africa Functional Safety Market, By End-User
                                                                                                                                                                                                                                                                                    1. Oil and Gas
                                                                                                                                                                                                                                                                                      1. Power Generation
                                                                                                                                                                                                                                                                                        1. Food and Beverage
                                                                                                                                                                                                                                                                                          1. Pharmaceutical
                                                                                                                                                                                                                                                                                            1. Automotive
                                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                                              2. UAE
                                                                                                                                                                                                                                                                                                1. UAE Functional Safety Market, By Device Type
                                                                                                                                                                                                                                                                                                  1. Safety Sensors
                                                                                                                                                                                                                                                                                                    1. Safety controllers/Modules/Relays
                                                                                                                                                                                                                                                                                                      1. Safety Switches
                                                                                                                                                                                                                                                                                                        1. Programmable Safety Systems
                                                                                                                                                                                                                                                                                                          1. Emergency Stop Devices
                                                                                                                                                                                                                                                                                                            1. Final Control Elements
                                                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                                                              2. UAE Functional Safety Market, By Safety System
                                                                                                                                                                                                                                                                                                                1. Burner Management System
                                                                                                                                                                                                                                                                                                                  1. Turbomachinery Control (TMC) System
                                                                                                                                                                                                                                                                                                                    1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                                                                                                                                                                                                                                      1. Fire and Gas Monitoring Control System
                                                                                                                                                                                                                                                                                                                        1. Emergency Shutdown Systems (ESD)
                                                                                                                                                                                                                                                                                                                          1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                                                                                                                                                                                                                            1. Distributed Control System (DCS).
                                                                                                                                                                                                                                                                                                                            2. UAE Functional Safety Market, By End-User
                                                                                                                                                                                                                                                                                                                              1. Oil and Gas
                                                                                                                                                                                                                                                                                                                                1. Power Generation
                                                                                                                                                                                                                                                                                                                                  1. Food and Beverage
                                                                                                                                                                                                                                                                                                                                    1. Pharmaceutical
                                                                                                                                                                                                                                                                                                                                      1. Automotive
                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                      1. LATAM Functional Safety Market, By Device Type
                                                                                                                                                                                                                                                                                                                                        1. Safety Sensors
                                                                                                                                                                                                                                                                                                                                          1. Safety controllers/Modules/Relays
                                                                                                                                                                                                                                                                                                                                            1. Safety Switches
                                                                                                                                                                                                                                                                                                                                              1. Programmable Safety Systems
                                                                                                                                                                                                                                                                                                                                                1. Emergency Stop Devices
                                                                                                                                                                                                                                                                                                                                                  1. Final Control Elements
                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                    2. LATAM Functional Safety Market, By Safety System
                                                                                                                                                                                                                                                                                                                                                      1. Burner Management System
                                                                                                                                                                                                                                                                                                                                                        1. Turbomachinery Control (TMC) System
                                                                                                                                                                                                                                                                                                                                                          1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                                                                                                                                                                                                                                                                            1. Fire and Gas Monitoring Control System
                                                                                                                                                                                                                                                                                                                                                              1. Emergency Shutdown Systems (ESD)
                                                                                                                                                                                                                                                                                                                                                                1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                                                                                                                                                                                                                                                                  1. Distributed Control System (DCS).
                                                                                                                                                                                                                                                                                                                                                                  2. LATAM Functional Safety Market, By End-User
                                                                                                                                                                                                                                                                                                                                                                    1. Oil and Gas
                                                                                                                                                                                                                                                                                                                                                                      1. Power Generation
                                                                                                                                                                                                                                                                                                                                                                        1. Food and Beverage
                                                                                                                                                                                                                                                                                                                                                                          1. Pharmaceutical
                                                                                                                                                                                                                                                                                                                                                                            1. Automotive
                                                                                                                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                                                                                                                              2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                1. Brazil Functional Safety Market, By Device Type
                                                                                                                                                                                                                                                                                                                                                                                  1. Safety Sensors
                                                                                                                                                                                                                                                                                                                                                                                    1. Safety controllers/Modules/Relays
                                                                                                                                                                                                                                                                                                                                                                                      1. Safety Switches
                                                                                                                                                                                                                                                                                                                                                                                        1. Programmable Safety Systems
                                                                                                                                                                                                                                                                                                                                                                                          1. Emergency Stop Devices
                                                                                                                                                                                                                                                                                                                                                                                            1. Final Control Elements
                                                                                                                                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                                                                                                                                              2. Brazil Functional Safety Market, By Safety System
                                                                                                                                                                                                                                                                                                                                                                                                1. Burner Management System
                                                                                                                                                                                                                                                                                                                                                                                                  1. Turbomachinery Control (TMC) System
                                                                                                                                                                                                                                                                                                                                                                                                    1. High-Integrity Pressure Protection Systems (HIPPS)
                                                                                                                                                                                                                                                                                                                                                                                                      1. Fire and Gas Monitoring Control System
                                                                                                                                                                                                                                                                                                                                                                                                        1. Emergency Shutdown Systems (ESD)
                                                                                                                                                                                                                                                                                                                                                                                                          1. Supervisory Control and Data Acquisition (SCADA) Systems
                                                                                                                                                                                                                                                                                                                                                                                                            1. Distributed Control System (DCS).
                                                                                                                                                                                                                                                                                                                                                                                                            2. Brazil Functional Safety Market, By End-User
                                                                                                                                                                                                                                                                                                                                                                                                              1. Oil and Gas
                                                                                                                                                                                                                                                                                                                                                                                                                1. Power Generation
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Food and Beverage
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Pharmaceutical
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Automotive
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM

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