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Functional Safety Device Industry Research Report 2023
Report ID
34717
Publisher
APO Research
Published Date
11-Aug
Delivery Format
PDF
No of Report Page
101
Editor's Rating
-
Report Details
Highlights The global Functional Safety Device market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2024 and 2029. Global players of Functional Safety Device include Siemens, ABB, Schneider, Honeywell, Rockwell Automation and Mitsubishi Electric, etc. Top five players occupy for share about 64%. Europe is the largest market, with a share about 40%, followed by North America and China. In terms of product, Safety sensors is the largest segment, with a share over 25%. In terms of application, Oil and gas is the largest market, with a share about 24%. Report Scope This report aims to provide a comprehensive presentation of the global market for Functional Safety Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Functional Safety Device. The Functional Safety Device market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Functional Safety Device market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Functional Safety Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions. Key Companies & Market Share Insights In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include: Siemens ABB Schneider Honeywell Rockwell Automation Mitsubishi Electric Emerson Yokogawa Electric GE Omron TE Connectivity SICK PILZ HIMA Paul Hildebrandt Endress+Hauser Eaton Product Type Insights Global markets are presented by Functional Safety Device type, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the Functional Safety Device are procured by the manufacturers. This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029). Functional Safety Device segment by Type Safety Sensors Safety PLCs Safety Relays Safety Valve Safe Actuator Safety Switches Others Application Insights This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029). This report also outlines the market trends of each segment and consumer behaviors impacting the Functional Safety Device market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Functional Safety Device market. Functional Safety Device segment by Application Automobile Rail Transit Chemical Engineering Oil and Gas Medical Electric Power Elevator Escalator Others Regional Outlook This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029. North America United States Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America Mexico Brazil Argentina Key Drivers & Barriers High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. COVID-19 and Russia-Ukraine War Influence Analysis The readers in the section will understand how the Functional Safety Device market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Reasons to Buy This Report This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Functional Safety Device market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. This report will help stakeholders to understand the global industry status and trends of Functional Safety Device and provides them with information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This report stays updated with novel technology integration, features, and the latest developments in the market This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Functional Safety Device industry. This report helps stakeholders to gain insights into which regions to target globally This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Functional Safety Device. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution. Core Chapters Chapter 1: Research objectives, research methods, data sources, data cross-validation; Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Chapter 3: Detailed analysis of Functional Safety Device manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc. Chapter 5: Production/output, value of Functional Safety Device by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years. Chapter 6: Consumption of Functional Safety Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world. Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 11: The main points and conclusions of the report. Frequently Asked Questions Which product segment grabbed the largest share in the Product Name market? How is the competitive scenario of the Product Name market? Which are the key factors aiding the Product Name market growth? Which are the prominent players in the Product Name market? Which region holds the maximum share in the Product Name market? What will be the CAGR of the Product Name market during the forecast period? Which application segment emerged as the leading segment in the Product Name market? What key trends are likely to emerge in the Product Name market in the coming years? What will be the Product Name market size by 2028? Which company held the largest share in the Product Name market? -
Table Of Content
1 Preface 1.1 Scope of Report 1.2 Reasons for Doing This Study 1.3 Research Methodology 1.4 Research Process 1.5 Data Source 1.5.1 Secondary Sources 1.5.2 Primary Sources 2 Market Overview 2.1 Product Definition 2.2 Functional Safety Device by Type 2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million) 1.2.2 Safety Sensors 1.2.3 Safety PLCs 1.2.4 Safety Relays 1.2.5 Safety Valve 1.2.6 Safe Actuator 1.2.7 Safety Switches 1.2.8 Others 2.3 Functional Safety Device by Application 2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million) 2.3.2 Automobile 2.3.3 Rail Transit 2.3.4 Chemical Engineering 2.3.5 Oil and Gas 2.3.6 Medical 2.3.7 Electric Power 2.3.8 Elevator Escalator 2.3.9 Others 2.4 Global Market Growth Prospects 2.4.1 Global Functional Safety Device Production Value Estimates and Forecasts (2018-2029) 2.4.2 Global Functional Safety Device Production Capacity Estimates and Forecasts (2018-2029) 2.4.3 Global Functional Safety Device Production Estimates and Forecasts (2018-2029) 2.4.4 Global Functional Safety Device Market Average Price (2018-2029) 3 Market Competitive Landscape by Manufacturers 3.1 Global Functional Safety Device Production by Manufacturers (2018-2023) 3.2 Global Functional Safety Device Production Value by Manufacturers (2018-2023) 3.3 Global Functional Safety Device Average Price by Manufacturers (2018-2023) 3.4 Global Functional Safety Device Industry Manufacturers Ranking, 2021 VS 2022 VS 2023 3.5 Global Functional Safety Device Key Manufacturers, Manufacturing Sites & Headquarters 3.6 Global Functional Safety Device Manufacturers, Product Type & Application 3.7 Global Functional Safety Device Manufacturers, Date of Enter into This Industry 3.8 Global Functional Safety Device Market CR5 and HHI 3.9 Global Manufacturers Mergers & Acquisition 4 Manufacturers Profiled 4.1 Siemens 4.1.1 Siemens Functional Safety Device Company Information 4.1.2 Siemens Functional Safety Device Business Overview 4.1.3 Siemens Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.1.4 Siemens Product Portfolio 4.1.5 Siemens Recent Developments 4.2 ABB 4.2.1 ABB Functional Safety Device Company Information 4.2.2 ABB Functional Safety Device Business Overview 4.2.3 ABB Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.2.4 ABB Product Portfolio 4.2.5 ABB Recent Developments 4.3 Schneider 4.3.1 Schneider Functional Safety Device Company Information 4.3.2 Schneider Functional Safety Device Business Overview 4.3.3 Schneider Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.3.4 Schneider Product Portfolio 4.3.5 Schneider Recent Developments 4.4 Honeywell 4.4.1 Honeywell Functional Safety Device Company Information 4.4.2 Honeywell Functional Safety Device Business Overview 4.4.3 Honeywell Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.4.4 Honeywell Product Portfolio 4.4.5 Honeywell Recent Developments 4.5 Rockwell Automation 4.5.1 Rockwell Automation Functional Safety Device Company Information 4.5.2 Rockwell Automation Functional Safety Device Business Overview 4.5.3 Rockwell Automation Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.5.4 Rockwell Automation Product Portfolio 4.5.5 Rockwell Automation Recent Developments 4.6 Mitsubishi Electric 4.6.1 Mitsubishi Electric Functional Safety Device Company Information 4.6.2 Mitsubishi Electric Functional Safety Device Business Overview 4.6.3 Mitsubishi Electric Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.6.4 Mitsubishi Electric Product Portfolio 4.6.5 Mitsubishi Electric Recent Developments 4.7 Emerson 4.7.1 Emerson Functional Safety Device Company Information 4.7.2 Emerson Functional Safety Device Business Overview 4.7.3 Emerson Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.7.4 Emerson Product Portfolio 4.7.5 Emerson Recent Developments 4.8 Yokogawa Electric 4.8.1 Yokogawa Electric Functional Safety Device Company Information 4.8.2 Yokogawa Electric Functional Safety Device Business Overview 4.8.3 Yokogawa Electric Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.8.4 Yokogawa Electric Product Portfolio 4.8.5 Yokogawa Electric Recent Developments 4.9 GE 4.9.1 GE Functional Safety Device Company Information 4.9.2 GE Functional Safety Device Business Overview 4.9.3 GE Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.9.4 GE Product Portfolio 4.9.5 GE Recent Developments 4.10 Omron 4.10.1 Omron Functional Safety Device Company Information 4.10.2 Omron Functional Safety Device Business Overview 4.10.3 Omron Functional Safety Device Production, Value and Gross Margin (2018-2023) 4.10.4 Omron Product Portfolio 4.10.5 Omron Recent Developments 7.11 TE Connectivity 7.11.1 TE Connectivity Functional Safety Device Company Information 7.11.2 TE Connectivity Functional Safety Device Business Overview 4.11.3 TE Connectivity Functional Safety Device Production, Value and Gross Margin (2018-2023) 7.11.4 TE Connectivity Product Portfolio 7.11.5 TE Connectivity Recent Developments 7.12 SICK 7.12.1 SICK Functional Safety Device Company Information 7.12.2 SICK Functional Safety Device Business Overview 7.12.3 SICK Functional Safety Device Production, Value and Gross Margin (2018-2023) 7.12.4 SICK Product Portfolio 7.12.5 SICK Recent Developments 7.13 PILZ 7.13.1 PILZ Functional Safety Device Company Information 7.13.2 PILZ Functional Safety Device Business Overview 7.13.3 PILZ Functional Safety Device Production, Value and Gross Margin (2018-2023) 7.13.4 PILZ Product Portfolio 7.13.5 PILZ Recent Developments 7.14 HIMA Paul Hildebrandt 7.14.1 HIMA Paul Hildebrandt Functional Safety Device Company Information 7.14.2 HIMA Paul Hildebrandt Functional Safety Device Business Overview 7.14.3 HIMA Paul Hildebrandt Functional Safety Device Production, Value and Gross Margin (2018-2023) 7.14.4 HIMA Paul Hildebrandt Product Portfolio 7.14.5 HIMA Paul Hildebrandt Recent Developments 7.15 Endress+Hauser 7.15.1 Endress+Hauser Functional Safety Device Company Information 7.15.2 Endress+Hauser Functional Safety Device Business Overview 7.15.3 Endress+Hauser Functional Safety Device Production, Value and Gross Margin (2018-2023) 7.15.4 Endress+Hauser Product Portfolio 7.15.5 Endress+Hauser Recent Developments 7.16 Eaton 7.16.1 Eaton Functional Safety Device Company Information 7.16.2 Eaton Functional Safety Device Business Overview 7.16.3 Eaton Functional Safety Device Production, Value and Gross Margin (2018-2023) 7.16.4 Eaton Product Portfolio 7.16.5 Eaton Recent Developments 5 Global Functional Safety Device Production by Region 5.1 Global Functional Safety Device Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 5.2 Global Functional Safety Device Production by Region: 2018-2029 5.2.1 Global Functional Safety Device Production by Region: 2018-2023 5.2.2 Global Functional Safety Device Production Forecast by Region (2024-2029) 5.3 Global Functional Safety Device Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 5.4 Global Functional Safety Device Production Value by Region: 2018-2029 5.4.1 Global Functional Safety Device Production Value by Region: 2018-2023 5.4.2 Global Functional Safety Device Production Value Forecast by Region (2024-2029) 5.5 Global Functional Safety Device Market Price Analysis by Region (2018-2023) 5.6 Global Functional Safety Device Production and Value, YOY Growth 5.6.1 North America Functional Safety Device Production Value Estimates and Forecasts (2018-2029) 5.6.2 Europe Functional Safety Device Production Value Estimates and Forecasts (2018-2029) 5.6.3 China Functional Safety Device Production Value Estimates and Forecasts (2018-2029) 5.6.4 Japan Functional Safety Device Production Value Estimates and Forecasts (2018-2029) 6 Global Functional Safety Device Consumption by Region 6.1 Global Functional Safety Device Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 6.2 Global Functional Safety Device Consumption by Region (2018-2029) 6.2.1 Global Functional Safety Device Consumption by Region: 2018-2029 6.2.2 Global Functional Safety Device Forecasted Consumption by Region (2024-2029) 6.3 North America 6.3.1 North America Functional Safety Device Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.3.2 North America Functional Safety Device Consumption by Country (2018-2029) 6.3.3 United States 6.3.4 Canada 6.4 Europe 6.4.1 Europe Functional Safety Device Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.4.2 Europe Functional Safety Device Consumption by Country (2018-2029) 6.4.3 Germany 6.4.4 France 6.4.5 U.K. 6.4.6 Italy 6.4.7 Russia 6.5 Asia Pacific 6.5.1 Asia Pacific Functional Safety Device Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.5.2 Asia Pacific Functional Safety Device Consumption by Country (2018-2029) 6.5.3 China 6.5.4 Japan 6.5.5 South Korea 6.5.6 China Taiwan 6.5.7 Southeast Asia 6.5.8 India 6.5.9 Australia 6.6 Latin America, Middle East & Africa 6.6.1 Latin America, Middle East & Africa Functional Safety Device Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.6.2 Latin America, Middle East & Africa Functional Safety Device Consumption by Country (2018-2029) 6.6.3 Mexico 6.6.4 Brazil 6.6.5 Turkey 6.6.5 GCC Countries 7 Segment by Type 7.1 Global Functional Safety Device Production by Type (2018-2029) 7.1.1 Global Functional Safety Device Production by Type (2018-2029) & (K Units) 7.1.2 Global Functional Safety Device Production Market Share by Type (2018-2029) 7.2 Global Functional Safety Device Production Value by Type (2018-2029) 7.2.1 Global Functional Safety Device Production Value by Type (2018-2029) & (US$ Million) 7.2.2 Global Functional Safety Device Production Value Market Share by Type (2018-2029) 7.3 Global Functional Safety Device Price by Type (2018-2029) 8 Segment by Application 8.1 Global Functional Safety Device Production by Application (2018-2029) 8.1.1 Global Functional Safety Device Production by Application (2018-2029) & (K Units) 8.1.2 Global Functional Safety Device Production by Application (2018-2029) & (K Units) 8.2 Global Functional Safety Device Production Value by Application (2018-2029) 8.2.1 Global Functional Safety Device Production Value by Application (2018-2029) & (US$ Million) 8.2.2 Global Functional Safety Device Production Value Market Share by Application (2018-2029) 8.3 Global Functional Safety Device Price by Application (2018-2029) 9 Value Chain and Sales Channels Analysis of the Market 9.1 Functional Safety Device Value Chain Analysis 9.1.1 Functional Safety Device Key Raw Materials 9.1.2 Raw Materials Key Suppliers 9.1.3 Functional Safety Device Production Mode & Process 9.2 Functional Safety Device Sales Channels Analysis 9.2.1 Direct Comparison with Distribution Share 9.2.2 Functional Safety Device Distributors 9.2.3 Functional Safety Device Customers 10 Global Functional Safety Device Analyzing Market Dynamics 10.1 Functional Safety Device Industry Trends 10.2 Functional Safety Device Industry Drivers 10.3 Functional Safety Device Industry Opportunities and Challenges 10.4 Functional Safety Device Industry Restraints 11 Report Conclusion 12 Disclaimer -
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