Global Functional Safety Market Size, Trends & Analysis - Forecasts to 2026

 Global Functional Safety Market Size, Trends & Analysis - Forecasts to 2026

By Offering (Component, Services), By System (Turbo Machinery Control, Emergency Shutdown Systems, Fire & Gas Monitoring, High Intensity Pressure Protecting Systems, Burner Management Systems), By Industry (Power Generation, Food & Beverages, Oil & Gas, Pharmaceuticals, Metal & Mining, Chemicals, Water & Wastewater, Others), By Region (North America, Europe, Asia Pacific, CSA, MEA); End User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis

Functional Safety Market: Insights

The global functional safety market is estimated to witness a significant CAGR during the forecast period (2020-2026). The increasing demand for safety systems in oil & gas industry, and the growing usage of industrial internet of things are some of the factors driving the market growth.

Request a free sample copy of the report @https://www.globalmarketestimates.com/market-report/global-functional-safety-market-2169

Functional Safety Market: By Offering

On the basis offering, the global functional safety market is segmented into component and services. The report contains quantitative insights about the following:

1.1.  Introduction 

1.1.1.     Functional Safety Market, By Offering, 2020-2026 (USD Million)

1.2.  Component  

1.2.1.  Component: Functional Safety Market, 2020-2026 (USD Million)

1.2.1.1.          Safety Sensor: Functional Safety Market, 2020-2026 (USD Million)

1.2.1.2.          Programmable Safety System: Functional Safety Market, 2020-2026 (USD Million)

1.2.1.3.          Safety Controller/Module/Relay: Functional Safety Market, 2020-2026 (USD Million)

1.2.1.4.          Safety Switch: Functional Safety Market, 2020-2026 (USD Million)

1.2.1.5.          Emergency Stop Device: Functional Safety Market, 2020-2026 (USD Million)

1.2.1.6.          Final Control Elements: Functional Safety Market, 2020-2026 (USD Million)

1.3.  Services        

1.3.1.     Services: Functional Safety Market, 2020-2026 (USD Million)

1.3.1.1.          Testing, Inspection, and Certification: Functional Safety Market, 2020-2026 (USD Million)

1.3.1.2.          Maintenance: Functional Safety Market, 2020-2026 (USD Million)

1.3.1.3.          Training and Consulting: Functional Safety Market, 2020-2026 (USD Million)

Functional Safety Market: By System

On the basis of system, the global functional safety market is segmented into turbo machinery control, emergency shutdown systems, fire & gas monitoring, high intensity pressure protecting systems, and burner management systems. The report contains quantitative insights about the following:

1.1.  Introduction 

1.1.1.     Functional Safety Market, By System, 2020-2026 (USD Million)

1.2.  Turbo Machinery Control    

1.2.1.     Turbo Machinery Control: Functional Safety Market, 2020-2026 (USD Million)

1.3.  High Intensity Pressure Protecting Systems         

1.3.1.     High Intensity Pressure Protecting Systems: Functional Safety Market, 2020-2026 (USD Million)

1.4.  Burner Management Systems       

1.4.1.     Burner Management Systems: Functional Safety Market, 2020-2026 (USD Million)

1.5.  Fire & Gas Monitoring        

1.5.1.     Fire & Gas Monitoring: Functional Safety Market, 2020-2026 (USD Million)

1.6.  Emergency Shutdown Systems     

1.6.1.     Emergency Shutdown Systems: Functional Safety Market, 2020-2026 (USD Million)

Functional Safety Market: By Industry

On the basis of industry, the global functional safety market is segmented into power generation, food & beverages, oil & gas, pharmaceuticals, chemicals, water & wastewater, and metal & mining, among others. The report contains quantitative insights about the following:

1.1.  Introduction 

1.1.1.     Functional Safety Market, By Industry, 2020-2026 (USD Million)

1.2.  Power Generation   

1.2.1.     Power Generation: Functional Safety Market, 2020-2026 (USD Million)

1.3.  Food & Beverages   

1.3.1.     Food & Beverages: Functional Safety Market, 2020-2026 (USD Million)

1.4.  Oil & Gas      

1.4.1.     Oil & Gas: Functional Safety Market, 2020-2026 (USD Million)

1.5.  Pharmaceuticals     

1.5.1.     Pharmaceuticals: Functional Safety Market, 2020-2026 (USD Million)

1.6.  Chemicals    

1.6.1.     Chemicals: Functional Safety Market, 2020-2026 (USD Million)

1.7.  Metal & Mining       

1.7.1.     Metal & Mining: Functional Safety Market, 2020-2026 (USD Million)

1.8.  Water & Wastewater          

1.8.1.     Water & Wastewater: Functional Safety Market, 2020-2026 (USD Million)

1.9.  Others           

1.9.1.                        Others: Functional Safety Market, 2020-2026 (USD Million)

Functional Safety Market: By Region

On the basis of region, the global functional safety market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The countries covered include: U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Saudi Arabia, UAE, and South Africa among others. The report provides qualitative & quantitative insights both at a regional as well as country level.

1.1.  Introduction 

1.1.1.     Global Functional Safety Market, Regional Analysis, 2020-2026 (USD Million)

1.2.  North America         

1.2.1.     North America Functional Safety Market, Regional Analysis, 2020-2026 (USD Million)         

1.2.1.1.          By Offering    

1.2.1.1.1.                North America Functional Safety Market, By Offering, 2020-2026 (USD Million)          

1.2.1.2.          By System     

1.2.1.2.1.                North America Functional Safety Market, By System, 2020-2026 (USD Million)          

1.2.1.3.          By Industry    

1.2.1.3.1.                North America Functional Safety Market, By Industry, 2020-2026 (USD Million)          

1.2.1.4.          By Country     

1.2.1.4.1.                U.S     

1.2.1.4.1.1.                     By Offering    

1.2.1.4.1.1.1.   U.S. Functional Safety Market, By Offering, 2020-2026 (USD Million)

1.2.1.4.1.2.                     By System     

1.2.1.4.1.2.1.   U.S. Functional Safety Market, By System, 2020-2026 (USD Million)

1.2.1.4.1.3.                     By Industry    

1.2.1.4.1.3.1.   U.S. Functional Safety Market, By Industry, 2020-2026 (USD Million)

1.2.1.4.2.                Canada.         

1.2.1.4.2.1.                     By Offering    

1.2.1.4.2.1.1.   Canada Functional Safety Market, By Offering, 2020-2026 (USD Million)     

1.2.1.4.2.2.                     By System     

1.2.1.4.2.2.1.   Canada Functional Safety Market, By System, 2020-2026 (USD Million)     

1.2.1.4.2.3.                     By Industry    

1.2.1.4.2.3.1.   Canada Functional Safety Market, By Industry, 2020-2026 (USD Million)     

1.2.1.4.3.                Mexico           

1.2.1.4.3.1.                     By Offering    

1.2.1.4.3.1.1.   Mexico Functional Safety Market, By Offering, 2020-2026 (USD Million)     

1.2.1.4.3.2.                     By System     

1.2.1.4.3.2.1.   Mexico Functional Safety Market, By System, 2020-2026 (USD Million)     

1.2.1.4.3.3.                     By Industry    

1.2.1.4.3.3.1.   Mexico Functional Safety Market, By Industry, 2020-2026 (USD Million)     

1.3.  Europe          

1.3.1.     Europe Functional Safety Market, Regional Analysis, 2020-2026 (USD Million)         

1.3.1.1.          By Offering    

1.3.1.1.1.                Europe Functional Safety Market, By Offering, 2020-2026 (USD Million)         

1.3.1.2.          By System     

1.3.1.2.1.                Europe Functional Safety Market, By System, 2020-2026 (USD Million)          

1.3.1.3.          By Industry    

1.3.1.3.1.                Europe Functional Safety Market, By Industry, 2020-2026 (USD Million)         

1.3.1.4.          By Country     

1.3.1.4.1.                Germany        

1.3.1.4.1.1.                     By Offering    

1.3.1.4.1.1.1.   Germany Functional Safety Market, By Offering, 2020-2026 (USD Million)     

1.3.1.4.1.2.                     By System     

1.3.1.4.1.2.1.   Germany Functional Safety Market, By System, 2020-2026 (USD Million)     

1.3.1.4.1.3.                     By Industry    

1.3.1.4.1.3.1.   Germany Functional Safety Market, By Industry, 2020-2026 (USD Million)     

1.3.1.4.2.                UK      

1.3.1.4.2.1.                     By Offering    

1.3.1.4.2.1.1.   UK Functional Safety Market, By Offering, 2020-2026 (USD Million)

1.3.1.4.2.2.                     By System     

1.3.1.4.2.2.1.   UK Functional Safety Market, By System, 2020-2026 (USD Million)     

1.3.1.4.2.3.                     By Industry    

1.3.1.4.2.3.1.   UK Functional Safety Market, By Industry, 2020-2026 (USD Million)    

1.3.1.4.3.                France

1.3.1.4.3.1.                     By Offering    

1.3.1.4.3.1.1.   France Functional Safety Market, By Offering, 2020-2026 (USD Million)     

1.3.1.4.3.2.                     By System     

1.3.1.4.3.2.1.   France Functional Safety Market, By System, 2020-2026 (USD Million)     

1.3.1.4.3.3.                     By Industry    

1.3.1.4.3.3.1.   France Functional Safety Market, By Industry, 2020-2026 (USD Million)     

1.3.1.4.4.                Italy    

1.3.1.4.4.1.                     By Offering    

1.3.1.4.4.1.1.   Italy Functional Safety Market, By Offering, 2020-2026 (USD Million)  

1.3.1.4.4.2.                     By System     

1.3.1.4.4.2.1.   Italy Functional Safety Market, By System, 2020-2026 (USD Million)   

1.3.1.4.4.3.                     By Industry    

1.3.1.4.4.3.1.   Italy Functional Safety Market, By Industry, 2020-2026 (USD Million)  

1.4.  Asia Pacific  

1.4.1.     Asia Pacific Functional Safety Market, Regional Analysis, 2020-2026 (USD Million)  

1.4.1.1.          By Offering    

1.4.1.1.1.                Asia Pacific Functional Safety Market, By Offering, 2020-2026 (USD Million) 

1.4.1.2.          By System     

1.4.1.2.1.                Asia Pacific Functional Safety Market, By System, 2020-2026 (USD Million)             

1.4.1.3.          By Industry    

1.4.1.3.1.                Asia Pacific Functional Safety Market, By Industry, 2020-2026 (USD Million) 

1.4.1.4.          By Country     

1.4.1.4.1.                China 

1.4.1.4.1.1.                     By Offering    

1.4.1.4.1.1.1.   China Functional Safety Market, By Offering, 2020-2026 (USD Million)     

1.4.1.4.1.2.                     By System     

1.4.1.4.1.2.1.   China Functional Safety Market, By System, 2020-2026 (USD Million)

1.4.1.4.1.3.                     By Industry    

1.4.1.4.1.3.1.   China Functional Safety Market, By Industry, 2020-2026 (USD Million)     

1.4.1.4.2.                Japan 

1.4.1.4.2.1.                     By Offering    

1.4.1.4.2.1.1.   Japan Functional Safety Market, By Offering, 2020-2026 (USD Million)     

1.4.1.4.2.2.                     By System     

1.4.1.4.2.2.1.   Japan Functional Safety Market, By System, 2020-2026 (USD Million)

1.4.1.4.2.3.                     By Industry    

1.4.1.4.2.3.1.   Japan Functional Safety Market, By Industry, 2020-2026 (USD Million)     

1.4.1.4.3.                India  

1.4.1.4.3.1.                     By Offering    

1.4.1.4.3.1.1.   India Functional Safety Market, By Offering, 2020-2026 (USD Million) 

1.4.1.4.3.2.                     By System     

1.4.1.4.3.2.1.   India Functional Safety Market, By System, 2020-2026 (USD Million)  

1.4.1.4.3.3.                     By Industry    

1.4.1.4.3.3.1.   India Functional Safety Market, By Industry, 2020-2026 (USD Million)

1.4.1.4.4.                South Korea  

1.4.1.4.4.1.                     By Offering    

1.4.1.4.4.1.1.   South Korea Functional Safety Market, By Offering, 2020-2026 (USD Million)    

1.4.1.4.4.2.                     By System     

1.4.1.4.4.2.1.   South Korea Functional Safety Market, By System, 2020-2026 (USD Million)    

1.4.1.4.4.3.                     By Industry    

1.4.1.4.4.3.1.   South Korea Functional Safety Market, By Industry, 2020-2026 (USD Million)

1.4.1.4.5.                Rest of APAC

1.4.1.4.5.1.                     By Offering    

1.4.1.4.5.1.1.   Rest Of APAC, Functional Safety Market, By Offering, 2020-2026 (USD Million)    

1.4.1.4.5.2.                     By System     

1.4.1.4.5.2.1.   Rest of APAC Functional Safety Market, By System, 2020-2026 (USD Million)    

1.4.1.4.5.3.                     By Industry    

Rest of APAC Functional Safety Market, By Industry, 2020-2026 (USD Million)

1.5.  Central & South America   

1.5.1.     Central & South America Functional Safety Market, Regional Analysis, 2020-2026 (USD Million)  

1.5.1.1.          By Offering    

1.5.1.1.1.                Central & South America Functional Safety Market, By Offering, 2020-2026 (USD Million)         

1.5.1.2.          By System     

1.5.1.2.1.                Central & South America Functional Safety Market, By System, 2020-2026 (USD Million)         

1.5.1.3.          By Industry    

1.5.1.3.1.                Central & South America Functional Safety Market, By Industry, 2020-2026 (USD Million)         

1.5.1.4.          By Country     

1.5.1.4.1.                Brazil 

1.5.1.4.1.1.                     By Offering    

1.5.1.4.1.1.1.   Brazil Functional Safety Market, By Offering, 2020-2026 (USD Million)

1.5.1.4.1.2.                     By System     

1.5.1.4.1.2.1.   Brazil Functional Safety Market, By System, 2020-2026 (USD Million) 

1.5.1.4.1.3.                     By Industry    

1.5.1.4.1.3.1.   Brazil Functional Safety Market, By Industry, 2020-2026 (USD Million)     

1.6.  Middle East & Africa           

1.6.1.     Middle East & Africa Functional Safety Market, Regional Analysis, 2020-2026 (USD Million)   

1.6.1.1.          By Offering    

1.6.1.1.1.                Middle East & Africa Functional Safety Market, By Offering, 2020-2026 (USD Million)         

1.6.1.2.          By System     

1.6.1.2.1.                Middle East & Africa Functional Safety Market, By System, 2020-2026 (USD Million)

1.6.1.3.          By Industry    

1.6.1.3.1.                Middle East & Africa Functional Safety Market, By Industry, 2020-2026 (USD Million)         

1.6.1.4.          By Country     

1.6.1.4.1.                Saudi Arabia 

1.6.1.4.1.1.                     By Offering    

1.6.1.4.1.1.1.   Saudi Arabia Functional Safety Market, By Offering, 2020-2026 (USD Million)    

1.6.1.4.1.2.                     By System     

1.6.1.4.1.2.1.   Saudi Arabia Functional Safety Market, By System, 2020-2026 (USD Million)    

1.6.1.4.1.3.                     By Industry    

1.6.1.4.1.3.1.   Saudi Arabia Functional Safety Market, By Industry, 2020-2026 (USD Million)    

1.6.1.4.2.                UAE    

1.6.1.4.2.1.                     By Offering    

1.6.1.4.2.1.1.   UAE Functional Safety Market, By Offering, 2020-2026 (USD Million)  

1.6.1.4.2.2.                     By System     

1.6.1.4.2.2.1.   UAE Functional Safety Market, By System, 2020-2026 (USD Million)

1.6.1.4.2.3.                     By Industry    

1.6.1.4.2.3.1.   UAE Functional Safety Market, By Industry, 2020-2026 (USD Million)

Functional Safety Market Share & Competitor Analysis

Some of the key players operating in the functional safety market are Emerson Electric, Honeywell, Rockwell, ABB, Schneider Electric, Yokogawa, General Electric, Hima Paul, Omron, Siemens AG, Proserv Ingenious Simplicity, Johnson Controls (Tyco), Balluff, Mogas Industries, Pietro Fiorentini (Arvan SRL), Frames Group, Schlumberger, Intertek Dekra SE, TÜV SÜD, TUV Rheinland, SGS Group, EXIDA, Velan Inc, Paladon Systems Ltd., and Proserv Ingenious Simplicity, among others.

Browse the report @https://www.globalmarketestimates.com/market-report/global-functional-safety-market-2169