Future of Industrial Safety Market

1
MarketsandMarkets Presents
Industrial Safety Market worth 3.76 Billion by
2020
http//www.marketsandmarkets.com/Market-Reports/sa
fety-instrumented-system-market-19720540.html
2

• According to a new market research Industrial
  Safety Market by Component (Switches, Sensors,
  and Programmable Safety Devices), by Product
  (ESD, FG, and HIPPS), by Application (Chemical,
  Oil Gas, and Power Generation), and by
  Geography - Global Trends Forecasts to 2014 -
  2020 , the total Industrial Safety Market was
  valued at 2.03 billion in 2014 and is expected
  to reach 3.76 billion by 2020, at an estimated
  CAGR of 11.06 between 2015 and 2020.
• http//www.marketsandmarkets.com/Market-Reports/sa
  fety-instrumented-system-market-19720540.html

3

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

4

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

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