Global Industrial Emergency Shutdown Systems Market Growth (Status and Outlook) 2023-2029

Global Industrial Emergency Shutdown Systems Market Growth (Status and Outlook) 2023-2029

An emergency shutdown system (ESD) is a safety-instrumented system that protects a manufacturing plant from explosions or leakages. Industrial emergency shutdown systems are used in the petrochemical and chemical, gas and oil, and other industries as a safety instrument system to protect the manufacturing plant from leakage or explosion. These systems are connected to sensors with PLCs to form a safety loop. The industrial emergency shutdown systems are used to shut down or halt a plant when hazardous situations like uncontrolled flooding, hydrocarbon escape etc. take place.

LPI (LP Information)' newest research report, the “Industrial Emergency Shutdown Systems Industry Forecast” looks at past sales and reviews total world Industrial Emergency Shutdown Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Emergency Shutdown Systems sales for 2023 through 2029. With Industrial Emergency Shutdown Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Emergency Shutdown Systems industry.

This Insight Report provides a comprehensive analysis of the global Industrial Emergency Shutdown Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Emergency Shutdown Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Emergency Shutdown Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Emergency Shutdown Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Emergency Shutdown Systems.

The global Industrial Emergency Shutdown Systems market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The system is used to activate curative output so that hazardous consequences can be alleviated. In any type of process abnormality, the industrial emergency shutdown systems are the ultimate option for protection in the industrial unit.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Emergency Shutdown Systems market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Safety controllers/modules/relays
Safety switches
Logic solver/programmable safety systems
Emergency stop devices
Actuators
Safety sensors
Valves

Segmentation by application
Oil and Gas
Chemical and Petrochemical
Pharmaceutical
Water and Wastewater
Pulp and Paper

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Rockwell Automation
Schneider Electric
Yokogawa Electric
Emerson
Esoterica
General Electric
HIMA Paul Hildebrandt
Honeywell
Johnson Controls
Norgren
OMRON
Siemens
Johnson Controls

Please note: The report will take approximately 2 business days to prepare and deliver.