Global Functional Safety Devices Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

Global Functional Safety Devices Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030


Functional safety device is part of the overall safety of a system or piece of equipment and generally focuses on electronics and related software. It looks at aspects of safety that relate to the function of a device and ensures that it works correctly in response to commands it receives. In a systemic approach Functional safety identifies potentially dangerous conditions, situations or events that could result in an accident that could harm somebody or destroy something. It enables corrective or preventive actions to avoid or reduce the impact of an accident.

According to APO Research, The global Functional Safety Devices market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Functional Safety Devices key players include Siemens, ABB, Schneider, Honeywell, etc. Global top four manufacturers hold a share about 55%.
Europe is the largest market, with a share about 40%, followed by China, and North America, both have a share over 40 percent.
In terms of product, Safety Sensors is the largest segment, with a share over 25%. And in terms of application, the largest application is Oil and Gas, followed by Power Generation, Automotive, Rail Transit, etc.

This report presents an overview of global market for Functional Safety Devices, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Functional Safety Devices, also provides the sales of main regions and countries. Of the upcoming market potential for Functional Safety Devices, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Functional Safety Devices sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Functional Safety Devices market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Functional Safety Devices sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric and GE, etc.
Functional Safety Devices segment by Company

Siemens
ABB
Schneider
Honeywell
Rockwell Automation
Mitsubishi Electric
Emerson
Yokogawa Electric
GE
Omron
TE Connectivity
SICK
PILZ
HIMA Paul Hildebrandt
Endress+Hauser
Eaton
Functional Safety Devices segment by Type

Safety Sensors
Safety PLCs
Safety Relays
Safety Valves
Safety Actuators
Safety Switchs
Others
Functional Safety Devices segment by Application

Automotive
Rail Transit
Chemical
Oil and Gas
Medical
Power Generation
Elevator and Escalator
Others
Functional Safety Devices segment by Region

North America
U.S.
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
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global Functional Safety Devices status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions Functional Safety Devices market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Functional Safety Devices significant trends, drivers, influence factors in global and regions.
6. To analyze Functional Safety Devices competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. 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 Devices 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.
2. This report will help stakeholders to understand the global industry status and trends of Functional Safety Devices and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. 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 sales and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Functional Safety Devices.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Functional Safety Devices market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Functional Safety Devices industry.
Chapter 3: Detailed analysis of Functional Safety Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales and value of Functional Safety Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of Functional Safety Devices in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.
Chapter 10: Concluding Insights.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Functional Safety Devices Sales Value (2019-2030)
1.2.2 Global Functional Safety Devices Sales Volume (2019-2030)
1.2.3 Global Functional Safety Devices Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Functional Safety Devices Market Dynamics
2.1 Functional Safety Devices Industry Trends
2.2 Functional Safety Devices Industry Drivers
2.3 Functional Safety Devices Industry Opportunities and Challenges
2.4 Functional Safety Devices Industry Restraints
3 Functional Safety Devices Market by Company
3.1 Global Functional Safety Devices Company Revenue Ranking in 2023
3.2 Global Functional Safety Devices Revenue by Company (2019-2024)
3.3 Global Functional Safety Devices Sales Volume by Company (2019-2024)
3.4 Global Functional Safety Devices Average Price by Company (2019-2024)
3.5 Global Functional Safety Devices Company Ranking, 2022 VS 2023 VS 2024
3.6 Global Functional Safety Devices Company Manufacturing Base & Headquarters
3.7 Global Functional Safety Devices Company, Product Type & Application
3.8 Global Functional Safety Devices Company Commercialization Time
3.9 Market Competitive Analysis
3.9.1 Global Functional Safety Devices Market CR5 and HHI
3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
3.9.3 2023 Functional Safety Devices Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion
4 Functional Safety Devices Market by Type
4.1 Functional Safety Devices Type Introduction
4.1.1 Safety Sensors
4.1.2 Safety PLCs
4.1.3 Safety Relays
4.1.4 Safety Valves
4.1.5 Safety Actuators
4.1.6 Safety Switchs
4.1.7 Others
4.2 Global Functional Safety Devices Sales Volume by Type
4.2.1 Global Functional Safety Devices Sales Volume by Type (2019 VS 2023 VS 2030)
4.2.2 Global Functional Safety Devices Sales Volume by Type (2019-2030)
4.2.3 Global Functional Safety Devices Sales Volume Share by Type (2019-2030)
4.3 Global Functional Safety Devices Sales Value by Type
4.3.1 Global Functional Safety Devices Sales Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Functional Safety Devices Sales Value by Type (2019-2030)
4.3.3 Global Functional Safety Devices Sales Value Share by Type (2019-2030)
5 Functional Safety Devices Market by Application
5.1 Functional Safety Devices Application Introduction
5.1.1 Automotive
5.1.2 Rail Transit
5.1.3 Chemical
5.1.4 Oil and Gas
5.1.5 Medical
5.1.6 Power Generation
5.1.7 Elevator and Escalator
5.1.8 Others
5.2 Global Functional Safety Devices Sales Volume by Application
5.2.1 Global Functional Safety Devices Sales Volume by Application (2019 VS 2023 VS 2030)
5.2.2 Global Functional Safety Devices Sales Volume by Application (2019-2030)
5.2.3 Global Functional Safety Devices Sales Volume Share by Application (2019-2030)
5.3 Global Functional Safety Devices Sales Value by Application
5.3.1 Global Functional Safety Devices Sales Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Functional Safety Devices Sales Value by Application (2019-2030)
5.3.3 Global Functional Safety Devices Sales Value Share by Application (2019-2030)
6 Functional Safety Devices Market by Region
6.1 Global Functional Safety Devices Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Functional Safety Devices Sales by Region (2019-2030)
6.2.1 Global Functional Safety Devices Sales by Region: 2019-2024
6.2.2 Global Functional Safety Devices Sales by Region (2025-2030)
6.3 Global Functional Safety Devices Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global Functional Safety Devices Sales Value by Region (2019-2030)
6.4.1 Global Functional Safety Devices Sales Value by Region: 2019-2024
6.4.2 Global Functional Safety Devices Sales Value by Region (2025-2030)
6.5 Global Functional Safety Devices Market Price Analysis by Region (2019-2024)
6.6 North America
6.6.1 North America Functional Safety Devices Sales Value (2019-2030)
6.6.2 North America Functional Safety Devices Sales Value Share by Country, 2023 VS 2030
6.7 Europe
6.7.1 Europe Functional Safety Devices Sales Value (2019-2030)
6.7.2 Europe Functional Safety Devices Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
6.8.1 Asia-Pacific Functional Safety Devices Sales Value (2019-2030)
6.8.2 Asia-Pacific Functional Safety Devices Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
6.9.1 Latin America Functional Safety Devices Sales Value (2019-2030)
6.9.2 Latin America Functional Safety Devices Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
6.10.1 Middle East & Africa Functional Safety Devices Sales Value (2019-2030)
6.10.2 Middle East & Africa Functional Safety Devices Sales Value Share by Country, 2023 VS 2030
7 Functional Safety Devices Market by Country
7.1 Global Functional Safety Devices Sales by Country: 2019 VS 2023 VS 2030
7.2 Global Functional Safety Devices Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global Functional Safety Devices Sales by Country (2019-2030)
7.3.1 Global Functional Safety Devices Sales by Country (2019-2024)
7.3.2 Global Functional Safety Devices Sales by Country (2025-2030)
7.4 Global Functional Safety Devices Sales Value by Country (2019-2030)
7.4.1 Global Functional Safety Devices Sales Value by Country (2019-2024)
7.4.2 Global Functional Safety Devices Sales Value by Country (2025-2030)
7.5 USA
7.5.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.5.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.5.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.6 Canada
7.6.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.6.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.6.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.7 Germany
7.7.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.7.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.7.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.8 France
7.8.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.8.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.8.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
7.9.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.9.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.9.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.10 Italy
7.10.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.10.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.10.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
7.11.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.11.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.11.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
7.12.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.12.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.12.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.13 China
7.13.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.13.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.13.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.14 Japan
7.14.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.14.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.14.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
7.15.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.15.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.15.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
7.16.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.16.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.16.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.17 India
7.17.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.17.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.17.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.18 Australia
7.18.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.18.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.18.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
7.19.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.19.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.19.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
7.20.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.20.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.20.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
7.21.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.21.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.21.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
7.22.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.22.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.22.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
7.23 UAE
7.23.1 Global Functional Safety Devices Sales Value Growth Rate (2019-2030)
7.23.2 Global Functional Safety Devices Sales Value Share by Type, 2023 VS 2030
7.23.3 Global Functional Safety Devices Sales Value Share by Application, 2023 VS 2030
8 Company Profiles
8.1 Siemens
8.1.1 Siemens Comapny Information
8.1.2 Siemens Business Overview
8.1.3 Siemens Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.1.4 Siemens Functional Safety Devices Product Portfolio
8.1.5 Siemens Recent Developments
8.2 ABB
8.2.1 ABB Comapny Information
8.2.2 ABB Business Overview
8.2.3 ABB Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.2.4 ABB Functional Safety Devices Product Portfolio
8.2.5 ABB Recent Developments
8.3 Schneider
8.3.1 Schneider Comapny Information
8.3.2 Schneider Business Overview
8.3.3 Schneider Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.3.4 Schneider Functional Safety Devices Product Portfolio
8.3.5 Schneider Recent Developments
8.4 Honeywell
8.4.1 Honeywell Comapny Information
8.4.2 Honeywell Business Overview
8.4.3 Honeywell Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.4.4 Honeywell Functional Safety Devices Product Portfolio
8.4.5 Honeywell Recent Developments
8.5 Rockwell Automation
8.5.1 Rockwell Automation Comapny Information
8.5.2 Rockwell Automation Business Overview
8.5.3 Rockwell Automation Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.5.4 Rockwell Automation Functional Safety Devices Product Portfolio
8.5.5 Rockwell Automation Recent Developments
8.6 Mitsubishi Electric
8.6.1 Mitsubishi Electric Comapny Information
8.6.2 Mitsubishi Electric Business Overview
8.6.3 Mitsubishi Electric Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.6.4 Mitsubishi Electric Functional Safety Devices Product Portfolio
8.6.5 Mitsubishi Electric Recent Developments
8.7 Emerson
8.7.1 Emerson Comapny Information
8.7.2 Emerson Business Overview
8.7.3 Emerson Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.7.4 Emerson Functional Safety Devices Product Portfolio
8.7.5 Emerson Recent Developments
8.8 Yokogawa Electric
8.8.1 Yokogawa Electric Comapny Information
8.8.2 Yokogawa Electric Business Overview
8.8.3 Yokogawa Electric Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.8.4 Yokogawa Electric Functional Safety Devices Product Portfolio
8.8.5 Yokogawa Electric Recent Developments
8.9 GE
8.9.1 GE Comapny Information
8.9.2 GE Business Overview
8.9.3 GE Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.9.4 GE Functional Safety Devices Product Portfolio
8.9.5 GE Recent Developments
8.10 Omron
8.10.1 Omron Comapny Information
8.10.2 Omron Business Overview
8.10.3 Omron Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.10.4 Omron Functional Safety Devices Product Portfolio
8.10.5 Omron Recent Developments
8.11 TE Connectivity
8.11.1 TE Connectivity Comapny Information
8.11.2 TE Connectivity Business Overview
8.11.3 TE Connectivity Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.11.4 TE Connectivity Functional Safety Devices Product Portfolio
8.11.5 TE Connectivity Recent Developments
8.12 SICK
8.12.1 SICK Comapny Information
8.12.2 SICK Business Overview
8.12.3 SICK Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.12.4 SICK Functional Safety Devices Product Portfolio
8.12.5 SICK Recent Developments
8.13 PILZ
8.13.1 PILZ Comapny Information
8.13.2 PILZ Business Overview
8.13.3 PILZ Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.13.4 PILZ Functional Safety Devices Product Portfolio
8.13.5 PILZ Recent Developments
8.14 HIMA Paul Hildebrandt
8.14.1 HIMA Paul Hildebrandt Comapny Information
8.14.2 HIMA Paul Hildebrandt Business Overview
8.14.3 HIMA Paul Hildebrandt Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.14.4 HIMA Paul Hildebrandt Functional Safety Devices Product Portfolio
8.14.5 HIMA Paul Hildebrandt Recent Developments
8.15 Endress+Hauser
8.15.1 Endress+Hauser Comapny Information
8.15.2 Endress+Hauser Business Overview
8.15.3 Endress+Hauser Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.15.4 Endress+Hauser Functional Safety Devices Product Portfolio
8.15.5 Endress+Hauser Recent Developments
8.16 Eaton
8.16.1 Eaton Comapny Information
8.16.2 Eaton Business Overview
8.16.3 Eaton Functional Safety Devices Sales, Value and Gross Margin (2019-2024)
8.16.4 Eaton Functional Safety Devices Product Portfolio
8.16.5 Eaton Recent Developments
9 Value Chain and Sales Channels Analysis
9.1 Functional Safety Devices Value Chain Analysis
9.1.1 Functional Safety Devices Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Functional Safety Devices Sales Mode & Process
9.2 Functional Safety Devices Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Functional Safety Devices Distributors
9.2.3 Functional Safety Devices Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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