Functional Safety Global Market Report 2025 Including: 1) By Offering: Component; Service 2) By System: Emergency Shutdown System (ESD); Fire And Gas Monitoring System; High Integrity Pressure Protection System (HIPPS); Burner Management System (BMS); Tur

Functional Safety Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on functional safety market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for functional safety ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The functional safety market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Offering: Component; Service

2) By System: Emergency Shutdown System (ESD); Fire And Gas Monitoring System; High Integrity Pressure Protection System (HIPPS); Burner Management System (BMS); Turbomachinery Control (TMC)

3) By Industry: Oil And gas; Power Generation; Chemicals; Food And Beverages; Water And Wastewater; Pharmaceuticals; Metal And Mining; Other Industries

Subsegments:

1) By Component: Safety Controllers; Safety Sensors; Safety Relays; Safety Software

2) By Service: Consulting Services; Training And Certification; Maintenance And Support; Risk Assessment And Management

Companies Mentioned: Siemens AG; ABB Ltd.; Honeywell International Inc.; General Electric Co.; Schneider Electric SE

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Functional Safety Market Characteristics
3. Functional Safety Market Trends And Strategies
4. Functional Safety Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Functional Safety Growth Analysis And Strategic Analysis Framework
5.1. Global Functional Safety PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Functional Safety Market Growth Rate Analysis
5.4. Global Functional Safety Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Functional Safety Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Functional Safety Total Addressable Market (TAM)
6. Functional Safety Market Segmentation
6.1. Global Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Component
Services
6.2. Global Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Emergency Shutdown System (ESD)
Fire and Gas Monitoring System
High Integrity Pressure Protection System (HIPPS)
Burner Management System (BMS)
Turbomachinery Control (TMC)
6.3. Global Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Oil and gas
Power Generation
Chemicals
Food and Beverages
Water and Wastewater
Pharmaceuticals
Metal and Mining
Other Industries
6.4. Global Functional Safety Market, Sub-Segmentation Of Component, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Safety Controllers
Safety Sensors
Safety Relays
Safety Software
6.5. Global Functional Safety Market, Sub-Segmentation Of Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Consulting Services
Training And Certification
Maintenance And Support
Risk Assessment And Management
7. Functional Safety Market Regional And Country Analysis
7.1. Global Functional Safety Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Functional Safety Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Functional Safety Market
8.1. Asia-Pacific Functional Safety Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Functional Safety Market
9.1. China Functional Safety Market Overview
9.2. China Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Functional Safety Market
10.1. India Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Functional Safety Market
11.1. Japan Functional Safety Market Overview
11.2. Japan Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Functional Safety Market
12.1. Australia Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Functional Safety Market
13.1. Indonesia Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Functional Safety Market
14.1. South Korea Functional Safety Market Overview
14.2. South Korea Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Functional Safety Market
15.1. Western Europe Functional Safety Market Overview
15.2. Western Europe Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Functional Safety Market
16.1. UK Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Functional Safety Market
17.1. Germany Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Functional Safety Market
18.1. France Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Functional Safety Market
19.1. Italy Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Functional Safety Market
20.1. Spain Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Functional Safety Market
21.1. Eastern Europe Functional Safety Market Overview
21.2. Eastern Europe Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Functional Safety Market
22.1. Russia Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Functional Safety Market
23.1. North America Functional Safety Market Overview
23.2. North America Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Functional Safety Market
24.1. USA Functional Safety Market Overview
24.2. USA Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Functional Safety Market
25.1. Canada Functional Safety Market Overview
25.2. Canada Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Functional Safety Market
26.1. South America Functional Safety Market Overview
26.2. South America Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Functional Safety Market
27.1. Brazil Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Functional Safety Market
28.1. Middle East Functional Safety Market Overview
28.2. Middle East Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Functional Safety Market
29.1. Africa Functional Safety Market Overview
29.2. Africa Functional Safety Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Functional Safety Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Functional Safety Market, Segmentation By Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Functional Safety Market Competitive Landscape And Company Profiles
30.1. Functional Safety Market Competitive Landscape
30.2. Functional Safety Market Company Profiles
30.2.1. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
30.2.2. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Honeywell International Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. General Electric Co. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Schneider Electric SE Overview, Products and Services, Strategy and Financial Analysis
31. Functional Safety Market Other Major And Innovative Companies
31.1. Rockwell Automation Inc.
31.2. Emerson Electric Co.
31.3. TUV Rheinland
31.4. HIMA Paul Hildebrandt GmbH
31.5. Endress+Hauser Management AG
31.6. Intertek Group plc'
31.7. Omron Corporation
31.8. Yokogawa Electric Corporation
31.9. DEKRA Group
31.10. Balluff Inc.
31.11. Pilz GmbH & Co. KG
31.12. Pepperl+Fuchs
31.13. B&R Industrial Automation
31.14. Johnson Controls
31.15. Mangan Software Solutions
32. Global Functional Safety Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Functional Safety Market
34. Recent Developments In The Functional Safety Market
35. Functional Safety Market High Potential Countries, Segments and Strategies
35.1 Functional Safety Market In 2029 - Countries Offering Most New Opportunities
35.2 Functional Safety Market In 2029 - Segments Offering Most New Opportunities
35.3 Functional Safety Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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