Global Functional Safety Devices Supply, Demand and Key Producers, 2024-2030

Global Functional Safety Devices Supply, Demand and Key Producers, 2024-2030

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Published Date: 09 Feb 2024

Category: Machinery & Equipment

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Functional Safety Devices market size is expected to reach $ 11310 million by 2030, rising at a market growth of 8.1% CAGR during the forecast period (2024-2030).

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.

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.

This report studies the global Functional Safety Devices production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Functional Safety Devices, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Functional Safety Devices that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Functional Safety Devices total production and demand, 2019-2030, (K Units)
Global Functional Safety Devices total production value, 2019-2030, (USD Million)
Global Functional Safety Devices production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Functional Safety Devices consumption by region & country, CAGR, 2019-2030 & (K Units)
U.S. VS China: Functional Safety Devices domestic production, consumption, key domestic manufacturers and share
Global Functional Safety Devices production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)
Global Functional Safety Devices production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Functional Safety Devices production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Units).

This reports profiles key players in the global Functional Safety Devices market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric and GE, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Functional Safety Devices market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Functional Safety Devices Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Functional Safety Devices Market, Segmentation by Type
Safety Sensors
Safety PLCs
Safety Relays
Safety Valves
Safety Actuators
Safety Switchs
Others

Global Functional Safety Devices Market, Segmentation by Application
Automotive
Rail Transit
Chemical
Oil and Gas
Medical
Power Generation
Elevator and Escalator
Others

Companies Profiled:
Siemens
ABB
Schneider
Honeywell
Rockwell Automation
Mitsubishi Electric
Emerson
Yokogawa Electric
GE
Omron
TE Connectivity
SICK
PILZ
HIMA Paul Hildebrandt
Endress+Hauser
Eaton

Key Questions Answered
1. How big is the global Functional Safety Devices market?
2. What is the demand of the global Functional Safety Devices market?
3. What is the year over year growth of the global Functional Safety Devices market?
4. What is the production and production value of the global Functional Safety Devices market?
5. Who are the key producers in the global Functional Safety Devices market?
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Table of Contents

1 Supply Summary
1.1 Functional Safety Devices Introduction
1.2 World Functional Safety Devices Supply & Forecast
1.2.1 World Functional Safety Devices Production Value (2019 & 2023 & 2030)
1.2.2 World Functional Safety Devices Production (2019-2030)
1.2.3 World Functional Safety Devices Pricing Trends (2019-2030)
1.3 World Functional Safety Devices Production by Region (Based on Production Site)
1.3.1 World Functional Safety Devices Production Value by Region (2019-2030)
1.3.2 World Functional Safety Devices Production by Region (2019-2030)
1.3.3 World Functional Safety Devices Average Price by Region (2019-2030)
1.3.4 North America Functional Safety Devices Production (2019-2030)
1.3.5 Europe Functional Safety Devices Production (2019-2030)
1.3.6 China Functional Safety Devices Production (2019-2030)
1.3.7 Japan Functional Safety Devices Production (2019-2030)
1.3.8 Southeast Asia Functional Safety Devices Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Functional Safety Devices Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Functional Safety Devices Major Market Trends

2 Demand Summary
2.1 World Functional Safety Devices Demand (2019-2030)
2.2 World Functional Safety Devices Consumption by Region
2.2.1 World Functional Safety Devices Consumption by Region (2019-2024)
2.2.2 World Functional Safety Devices Consumption Forecast by Region (2025-2030)
2.3 United States Functional Safety Devices Consumption (2019-2030)
2.4 China Functional Safety Devices Consumption (2019-2030)
2.5 Europe Functional Safety Devices Consumption (2019-2030)
2.6 Japan Functional Safety Devices Consumption (2019-2030)
2.7 South Korea Functional Safety Devices Consumption (2019-2030)
2.8 ASEAN Functional Safety Devices Consumption (2019-2030)
2.9 India Functional Safety Devices Consumption (2019-2030)

3 World Functional Safety Devices Manufacturers Competitive Analysis
3.1 World Functional Safety Devices Production Value by Manufacturer (2019-2024)
3.2 World Functional Safety Devices Production by Manufacturer (2019-2024)
3.3 World Functional Safety Devices Average Price by Manufacturer (2019-2024)
3.4 Functional Safety Devices Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Functional Safety Devices Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Functional Safety Devices in 2023
3.5.3 Global Concentration Ratios (CR8) for Functional Safety Devices in 2023
3.6 Functional Safety Devices Market: Overall Company Footprint Analysis
3.6.1 Functional Safety Devices Market: Region Footprint
3.6.2 Functional Safety Devices Market: Company Product Type Footprint
3.6.3 Functional Safety Devices Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Functional Safety Devices Production Value Comparison
4.1.1 United States VS China: Functional Safety Devices Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Functional Safety Devices Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Functional Safety Devices Production Comparison
4.2.1 United States VS China: Functional Safety Devices Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Functional Safety Devices Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Functional Safety Devices Consumption Comparison
4.3.1 United States VS China: Functional Safety Devices Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Functional Safety Devices Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Functional Safety Devices Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Functional Safety Devices Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Functional Safety Devices Production Value (2019-2024)
4.4.3 United States Based Manufacturers Functional Safety Devices Production (2019-2024)
4.5 China Based Functional Safety Devices Manufacturers and Market Share
4.5.1 China Based Functional Safety Devices Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Functional Safety Devices Production Value (2019-2024)
4.5.3 China Based Manufacturers Functional Safety Devices Production (2019-2024)
4.6 Rest of World Based Functional Safety Devices Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Functional Safety Devices Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Functional Safety Devices Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Functional Safety Devices Production (2019-2024)

5 Market Analysis by Type
5.1 World Functional Safety Devices Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Safety Sensors
5.2.2 Safety PLCs
5.2.3 Safety Relays
5.2.4 Safety Valves
5.2.5 Safety Actuators
5.2.6 Safety Switchs
5.2.7 Others
5.3 Market Segment by Type
5.3.1 World Functional Safety Devices Production by Type (2019-2030)
5.3.2 World Functional Safety Devices Production Value by Type (2019-2030)
5.3.3 World Functional Safety Devices Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Functional Safety Devices Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Automotive
6.2.2 Rail Transit
6.2.3 Chemical
6.2.4 Oil and Gas
6.2.5 Medical
6.2.6 Power Generation
6.2.7 Elevator and Escalator
6.2.8 Others
6.3 Market Segment by Application
6.3.1 World Functional Safety Devices Production by Application (2019-2030)
6.3.2 World Functional Safety Devices Production Value by Application (2019-2030)
6.3.3 World Functional Safety Devices Average Price by Application (2019-2030)

7 Company Profiles
7.1 Siemens
7.1.1 Siemens Details
7.1.2 Siemens Major Business
7.1.3 Siemens Functional Safety Devices Product and Services
7.1.4 Siemens Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Siemens Recent Developments/Updates
7.1.6 Siemens Competitive Strengths & Weaknesses
7.2 ABB
7.2.1 ABB Details
7.2.2 ABB Major Business
7.2.3 ABB Functional Safety Devices Product and Services
7.2.4 ABB Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 ABB Recent Developments/Updates
7.2.6 ABB Competitive Strengths & Weaknesses
7.3 Schneider
7.3.1 Schneider Details
7.3.2 Schneider Major Business
7.3.3 Schneider Functional Safety Devices Product and Services
7.3.4 Schneider Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Schneider Recent Developments/Updates
7.3.6 Schneider Competitive Strengths & Weaknesses
7.4 Honeywell
7.4.1 Honeywell Details
7.4.2 Honeywell Major Business
7.4.3 Honeywell Functional Safety Devices Product and Services
7.4.4 Honeywell Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Honeywell Recent Developments/Updates
7.4.6 Honeywell Competitive Strengths & Weaknesses
7.5 Rockwell Automation
7.5.1 Rockwell Automation Details
7.5.2 Rockwell Automation Major Business
7.5.3 Rockwell Automation Functional Safety Devices Product and Services
7.5.4 Rockwell Automation Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Rockwell Automation Recent Developments/Updates
7.5.6 Rockwell Automation Competitive Strengths & Weaknesses
7.6 Mitsubishi Electric
7.6.1 Mitsubishi Electric Details
7.6.2 Mitsubishi Electric Major Business
7.6.3 Mitsubishi Electric Functional Safety Devices Product and Services
7.6.4 Mitsubishi Electric Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Mitsubishi Electric Recent Developments/Updates
7.6.6 Mitsubishi Electric Competitive Strengths & Weaknesses
7.7 Emerson
7.7.1 Emerson Details
7.7.2 Emerson Major Business
7.7.3 Emerson Functional Safety Devices Product and Services
7.7.4 Emerson Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Emerson Recent Developments/Updates
7.7.6 Emerson Competitive Strengths & Weaknesses
7.8 Yokogawa Electric
7.8.1 Yokogawa Electric Details
7.8.2 Yokogawa Electric Major Business
7.8.3 Yokogawa Electric Functional Safety Devices Product and Services
7.8.4 Yokogawa Electric Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 Yokogawa Electric Recent Developments/Updates
7.8.6 Yokogawa Electric Competitive Strengths & Weaknesses
7.9 GE
7.9.1 GE Details
7.9.2 GE Major Business
7.9.3 GE Functional Safety Devices Product and Services
7.9.4 GE Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 GE Recent Developments/Updates
7.9.6 GE Competitive Strengths & Weaknesses
7.10 Omron
7.10.1 Omron Details
7.10.2 Omron Major Business
7.10.3 Omron Functional Safety Devices Product and Services
7.10.4 Omron Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 Omron Recent Developments/Updates
7.10.6 Omron Competitive Strengths & Weaknesses
7.11 TE Connectivity
7.11.1 TE Connectivity Details
7.11.2 TE Connectivity Major Business
7.11.3 TE Connectivity Functional Safety Devices Product and Services
7.11.4 TE Connectivity Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 TE Connectivity Recent Developments/Updates
7.11.6 TE Connectivity Competitive Strengths & Weaknesses
7.12 SICK
7.12.1 SICK Details
7.12.2 SICK Major Business
7.12.3 SICK Functional Safety Devices Product and Services
7.12.4 SICK Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.12.5 SICK Recent Developments/Updates
7.12.6 SICK Competitive Strengths & Weaknesses
7.13 PILZ
7.13.1 PILZ Details
7.13.2 PILZ Major Business
7.13.3 PILZ Functional Safety Devices Product and Services
7.13.4 PILZ Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.13.5 PILZ Recent Developments/Updates
7.13.6 PILZ Competitive Strengths & Weaknesses
7.14 HIMA Paul Hildebrandt
7.14.1 HIMA Paul Hildebrandt Details
7.14.2 HIMA Paul Hildebrandt Major Business
7.14.3 HIMA Paul Hildebrandt Functional Safety Devices Product and Services
7.14.4 HIMA Paul Hildebrandt Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.14.5 HIMA Paul Hildebrandt Recent Developments/Updates
7.14.6 HIMA Paul Hildebrandt Competitive Strengths & Weaknesses
7.15 Endress+Hauser
7.15.1 Endress+Hauser Details
7.15.2 Endress+Hauser Major Business
7.15.3 Endress+Hauser Functional Safety Devices Product and Services
7.15.4 Endress+Hauser Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.15.5 Endress+Hauser Recent Developments/Updates
7.15.6 Endress+Hauser Competitive Strengths & Weaknesses
7.16 Eaton
7.16.1 Eaton Details
7.16.2 Eaton Major Business
7.16.3 Eaton Functional Safety Devices Product and Services
7.16.4 Eaton Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.16.5 Eaton Recent Developments/Updates
7.16.6 Eaton Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Functional Safety Devices Industry Chain
8.2 Functional Safety Devices Upstream Analysis
8.2.1 Functional Safety Devices Core Raw Materials
8.2.2 Main Manufacturers of Functional Safety Devices Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Functional Safety Devices Production Mode
8.6 Functional Safety Devices Procurement Model
8.7 Functional Safety Devices Industry Sales Model and Sales Channels
8.7.1 Functional Safety Devices Sales Model
8.7.2 Functional Safety Devices Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Functional Safety Devices Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Functional Safety Devices Production Value by Region (2019-2024) & (USD Million)
Table 3. World Functional Safety Devices Production Value by Region (2025-2030) & (USD Million)
Table 4. World Functional Safety Devices Production Value Market Share by Region (2019-2024)
Table 5. World Functional Safety Devices Production Value Market Share by Region (2025-2030)
Table 6. World Functional Safety Devices Production by Region (2019-2024) & (K Units)
Table 7. World Functional Safety Devices Production by Region (2025-2030) & (K Units)
Table 8. World Functional Safety Devices Production Market Share by Region (2019-2024)
Table 9. World Functional Safety Devices Production Market Share by Region (2025-2030)
Table 10. World Functional Safety Devices Average Price by Region (2019-2024) & (USD/Unit)
Table 11. World Functional Safety Devices Average Price by Region (2025-2030) & (USD/Unit)
Table 12. Functional Safety Devices Major Market Trends
Table 13. World Functional Safety Devices Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (K Units)
Table 14. World Functional Safety Devices Consumption by Region (2019-2024) & (K Units)
Table 15. World Functional Safety Devices Consumption Forecast by Region (2025-2030) & (K Units)
Table 16. World Functional Safety Devices Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Functional Safety Devices Producers in 2023
Table 18. World Functional Safety Devices Production by Manufacturer (2019-2024) & (K Units)
Table 19. Production Market Share of Key Functional Safety Devices Producers in 2023
Table 20. World Functional Safety Devices Average Price by Manufacturer (2019-2024) & (USD/Unit)
Table 21. Global Functional Safety Devices Company Evaluation Quadrant
Table 22. World Functional Safety Devices Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Functional Safety Devices Production Site of Key Manufacturer
Table 24. Functional Safety Devices Market: Company Product Type Footprint
Table 25. Functional Safety Devices Market: Company Product Application Footprint
Table 26. Functional Safety Devices Competitive Factors
Table 27. Functional Safety Devices New Entrant and Capacity Expansion Plans
Table 28. Functional Safety Devices Mergers & Acquisitions Activity
Table 29. United States VS China Functional Safety Devices Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Functional Safety Devices Production Comparison, (2019 & 2023 & 2030) & (K Units)
Table 31. United States VS China Functional Safety Devices Consumption Comparison, (2019 & 2023 & 2030) & (K Units)
Table 32. United States Based Functional Safety Devices Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Functional Safety Devices Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Functional Safety Devices Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Functional Safety Devices Production (2019-2024) & (K Units)
Table 36. United States Based Manufacturers Functional Safety Devices Production Market Share (2019-2024)
Table 37. China Based Functional Safety Devices Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Functional Safety Devices Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Functional Safety Devices Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Functional Safety Devices Production (2019-2024) & (K Units)
Table 41. China Based Manufacturers Functional Safety Devices Production Market Share (2019-2024)
Table 42. Rest of World Based Functional Safety Devices Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Functional Safety Devices Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Functional Safety Devices Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Functional Safety Devices Production (2019-2024) & (K Units)
Table 46. Rest of World Based Manufacturers Functional Safety Devices Production Market Share (2019-2024)
Table 47. World Functional Safety Devices Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Functional Safety Devices Production by Type (2019-2024) & (K Units)
Table 49. World Functional Safety Devices Production by Type (2025-2030) & (K Units)
Table 50. World Functional Safety Devices Production Value by Type (2019-2024) & (USD Million)
Table 51. World Functional Safety Devices Production Value by Type (2025-2030) & (USD Million)
Table 52. World Functional Safety Devices Average Price by Type (2019-2024) & (USD/Unit)
Table 53. World Functional Safety Devices Average Price by Type (2025-2030) & (USD/Unit)
Table 54. World Functional Safety Devices Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Functional Safety Devices Production by Application (2019-2024) & (K Units)
Table 56. World Functional Safety Devices Production by Application (2025-2030) & (K Units)
Table 57. World Functional Safety Devices Production Value by Application (2019-2024) & (USD Million)
Table 58. World Functional Safety Devices Production Value by Application (2025-2030) & (USD Million)
Table 59. World Functional Safety Devices Average Price by Application (2019-2024) & (USD/Unit)
Table 60. World Functional Safety Devices Average Price by Application (2025-2030) & (USD/Unit)
Table 61. Siemens Basic Information, Manufacturing Base and Competitors
Table 62. Siemens Major Business
Table 63. Siemens Functional Safety Devices Product and Services
Table 64. Siemens Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Siemens Recent Developments/Updates
Table 66. Siemens Competitive Strengths & Weaknesses
Table 67. ABB Basic Information, Manufacturing Base and Competitors
Table 68. ABB Major Business
Table 69. ABB Functional Safety Devices Product and Services
Table 70. ABB Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. ABB Recent Developments/Updates
Table 72. ABB Competitive Strengths & Weaknesses
Table 73. Schneider Basic Information, Manufacturing Base and Competitors
Table 74. Schneider Major Business
Table 75. Schneider Functional Safety Devices Product and Services
Table 76. Schneider Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Schneider Recent Developments/Updates
Table 78. Schneider Competitive Strengths & Weaknesses
Table 79. Honeywell Basic Information, Manufacturing Base and Competitors
Table 80. Honeywell Major Business
Table 81. Honeywell Functional Safety Devices Product and Services
Table 82. Honeywell Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Honeywell Recent Developments/Updates
Table 84. Honeywell Competitive Strengths & Weaknesses
Table 85. Rockwell Automation Basic Information, Manufacturing Base and Competitors
Table 86. Rockwell Automation Major Business
Table 87. Rockwell Automation Functional Safety Devices Product and Services
Table 88. Rockwell Automation Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Rockwell Automation Recent Developments/Updates
Table 90. Rockwell Automation Competitive Strengths & Weaknesses
Table 91. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
Table 92. Mitsubishi Electric Major Business
Table 93. Mitsubishi Electric Functional Safety Devices Product and Services
Table 94. Mitsubishi Electric Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Mitsubishi Electric Recent Developments/Updates
Table 96. Mitsubishi Electric Competitive Strengths & Weaknesses
Table 97. Emerson Basic Information, Manufacturing Base and Competitors
Table 98. Emerson Major Business
Table 99. Emerson Functional Safety Devices Product and Services
Table 100. Emerson Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 101. Emerson Recent Developments/Updates
Table 102. Emerson Competitive Strengths & Weaknesses
Table 103. Yokogawa Electric Basic Information, Manufacturing Base and Competitors
Table 104. Yokogawa Electric Major Business
Table 105. Yokogawa Electric Functional Safety Devices Product and Services
Table 106. Yokogawa Electric Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 107. Yokogawa Electric Recent Developments/Updates
Table 108. Yokogawa Electric Competitive Strengths & Weaknesses
Table 109. GE Basic Information, Manufacturing Base and Competitors
Table 110. GE Major Business
Table 111. GE Functional Safety Devices Product and Services
Table 112. GE Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 113. GE Recent Developments/Updates
Table 114. GE Competitive Strengths & Weaknesses
Table 115. Omron Basic Information, Manufacturing Base and Competitors
Table 116. Omron Major Business
Table 117. Omron Functional Safety Devices Product and Services
Table 118. Omron Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 119. Omron Recent Developments/Updates
Table 120. Omron Competitive Strengths & Weaknesses
Table 121. TE Connectivity Basic Information, Manufacturing Base and Competitors
Table 122. TE Connectivity Major Business
Table 123. TE Connectivity Functional Safety Devices Product and Services
Table 124. TE Connectivity Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 125. TE Connectivity Recent Developments/Updates
Table 126. TE Connectivity Competitive Strengths & Weaknesses
Table 127. SICK Basic Information, Manufacturing Base and Competitors
Table 128. SICK Major Business
Table 129. SICK Functional Safety Devices Product and Services
Table 130. SICK Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 131. SICK Recent Developments/Updates
Table 132. SICK Competitive Strengths & Weaknesses
Table 133. PILZ Basic Information, Manufacturing Base and Competitors
Table 134. PILZ Major Business
Table 135. PILZ Functional Safety Devices Product and Services
Table 136. PILZ Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 137. PILZ Recent Developments/Updates
Table 138. PILZ Competitive Strengths & Weaknesses
Table 139. HIMA Paul Hildebrandt Basic Information, Manufacturing Base and Competitors
Table 140. HIMA Paul Hildebrandt Major Business
Table 141. HIMA Paul Hildebrandt Functional Safety Devices Product and Services
Table 142. HIMA Paul Hildebrandt Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 143. HIMA Paul Hildebrandt Recent Developments/Updates
Table 144. HIMA Paul Hildebrandt Competitive Strengths & Weaknesses
Table 145. Endress+Hauser Basic Information, Manufacturing Base and Competitors
Table 146. Endress+Hauser Major Business
Table 147. Endress+Hauser Functional Safety Devices Product and Services
Table 148. Endress+Hauser Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 149. Endress+Hauser Recent Developments/Updates
Table 150. Eaton Basic Information, Manufacturing Base and Competitors
Table 151. Eaton Major Business
Table 152. Eaton Functional Safety Devices Product and Services
Table 153. Eaton Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 154. Global Key Players of Functional Safety Devices Upstream (Raw Materials)
Table 155. Functional Safety Devices Typical Customers
Table 156. Functional Safety Devices Typical Distributors
List of Figure
Figure 1. Functional Safety Devices Picture
Figure 2. World Functional Safety Devices Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Functional Safety Devices Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Functional Safety Devices Production (2019-2030) & (K Units)
Figure 5. World Functional Safety Devices Average Price (2019-2030) & (USD/Unit)
Figure 6. World Functional Safety Devices Production Value Market Share by Region (2019-2030)
Figure 7. World Functional Safety Devices Production Market Share by Region (2019-2030)
Figure 8. North America Functional Safety Devices Production (2019-2030) & (K Units)
Figure 9. Europe Functional Safety Devices Production (2019-2030) & (K Units)
Figure 10. China Functional Safety Devices Production (2019-2030) & (K Units)
Figure 11. Japan Functional Safety Devices Production (2019-2030) & (K Units)
Figure 12. Southeast Asia Functional Safety Devices Production (2019-2030) & (K Units)
Figure 13. Functional Safety Devices Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 16. World Functional Safety Devices Consumption Market Share by Region (2019-2030)
Figure 17. United States Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 18. China Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 19. Europe Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 20. Japan Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 21. South Korea Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 22. ASEAN Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 23. India Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 24. Producer Shipments of Functional Safety Devices by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Functional Safety Devices Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Functional Safety Devices Markets in 2023
Figure 27. United States VS China: Functional Safety Devices Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Functional Safety Devices Production Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States VS China: Functional Safety Devices Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 30. United States Based Manufacturers Functional Safety Devices Production Market Share 2023
Figure 31. China Based Manufacturers Functional Safety Devices Production Market Share 2023
Figure 32. Rest of World Based Manufacturers Functional Safety Devices Production Market Share 2023
Figure 33. World Functional Safety Devices Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 34. World Functional Safety Devices Production Value Market Share by Type in 2023
Figure 35. Safety Sensors
Figure 36. Safety PLCs
Figure 37. Safety Relays
Figure 38. Safety Valves
Figure 39. Safety Actuators
Figure 40. Safety Switchs
Figure 41. Others
Figure 42. World Functional Safety Devices Production Market Share by Type (2019-2030)
Figure 43. World Functional Safety Devices Production Value Market Share by Type (2019-2030)
Figure 44. World Functional Safety Devices Average Price by Type (2019-2030) & (USD/Unit)
Figure 45. World Functional Safety Devices Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 46. World Functional Safety Devices Production Value Market Share by Application in 2023
Figure 47. Automotive
Figure 48. Rail Transit
Figure 49. Chemical
Figure 50. Oil and Gas
Figure 51. Medical
Figure 52. Power Generation
Figure 53. Elevator and Escalator
Figure 54. Others
Figure 55. World Functional Safety Devices Production Market Share by Application (2019-2030)
Figure 56. World Functional Safety Devices Production Value Market Share by Application (2019-2030)
Figure 57. World Functional Safety Devices Average Price by Application (2019-2030) & (USD/Unit)
Figure 58. Functional Safety Devices Industry Chain
Figure 59. Functional Safety Devices Procurement Model
Figure 60. Functional Safety Devices Sales Model
Figure 61. Functional Safety Devices Sales Channels, Direct Sales, and Distribution
Figure 62. Methodology
Figure 63. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Siemens
ABB
Schneider
Honeywell
Rockwell Automation
Mitsubishi Electric
Emerson
Yokogawa Electric
GE
Omron
TE Connectivity
SICK
PILZ
HIMA Paul Hildebrandt
Endress+Hauser
Eaton
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Global Functional Safety Devices Supply, Demand and Key Producers, 2024-2030

Global Functional Safety Devices Supply, Demand and Key Producers, 2024-2030

Page: 146

Published Date: 09 Feb 2024

Category: Machinery & Equipment

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Description

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Description

The global Functional Safety Devices market size is expected to reach $ 11310 million by 2030, rising at a market growth of 8.1% CAGR during the forecast period (2024-2030).

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.

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.

This report studies the global Functional Safety Devices production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Functional Safety Devices, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Functional Safety Devices that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Functional Safety Devices total production and demand, 2019-2030, (K Units)
Global Functional Safety Devices total production value, 2019-2030, (USD Million)
Global Functional Safety Devices production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Functional Safety Devices consumption by region & country, CAGR, 2019-2030 & (K Units)
U.S. VS China: Functional Safety Devices domestic production, consumption, key domestic manufacturers and share
Global Functional Safety Devices production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)
Global Functional Safety Devices production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Functional Safety Devices production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Units).

This reports profiles key players in the global Functional Safety Devices market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric and GE, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Functional Safety Devices market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Functional Safety Devices Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Functional Safety Devices Market, Segmentation by Type
Safety Sensors
Safety PLCs
Safety Relays
Safety Valves
Safety Actuators
Safety Switchs
Others

Global Functional Safety Devices Market, Segmentation by Application
Automotive
Rail Transit
Chemical
Oil and Gas
Medical
Power Generation
Elevator and Escalator
Others

Companies Profiled:
Siemens
ABB
Schneider
Honeywell
Rockwell Automation
Mitsubishi Electric
Emerson
Yokogawa Electric
GE
Omron
TE Connectivity
SICK
PILZ
HIMA Paul Hildebrandt
Endress+Hauser
Eaton

Key Questions Answered
1. How big is the global Functional Safety Devices market?
2. What is the demand of the global Functional Safety Devices market?
3. What is the year over year growth of the global Functional Safety Devices market?
4. What is the production and production value of the global Functional Safety Devices market?
5. Who are the key producers in the global Functional Safety Devices market?
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Table of Contents

1 Supply Summary
1.1 Functional Safety Devices Introduction
1.2 World Functional Safety Devices Supply & Forecast
1.2.1 World Functional Safety Devices Production Value (2019 & 2023 & 2030)
1.2.2 World Functional Safety Devices Production (2019-2030)
1.2.3 World Functional Safety Devices Pricing Trends (2019-2030)
1.3 World Functional Safety Devices Production by Region (Based on Production Site)
1.3.1 World Functional Safety Devices Production Value by Region (2019-2030)
1.3.2 World Functional Safety Devices Production by Region (2019-2030)
1.3.3 World Functional Safety Devices Average Price by Region (2019-2030)
1.3.4 North America Functional Safety Devices Production (2019-2030)
1.3.5 Europe Functional Safety Devices Production (2019-2030)
1.3.6 China Functional Safety Devices Production (2019-2030)
1.3.7 Japan Functional Safety Devices Production (2019-2030)
1.3.8 Southeast Asia Functional Safety Devices Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Functional Safety Devices Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Functional Safety Devices Major Market Trends

2 Demand Summary
2.1 World Functional Safety Devices Demand (2019-2030)
2.2 World Functional Safety Devices Consumption by Region
2.2.1 World Functional Safety Devices Consumption by Region (2019-2024)
2.2.2 World Functional Safety Devices Consumption Forecast by Region (2025-2030)
2.3 United States Functional Safety Devices Consumption (2019-2030)
2.4 China Functional Safety Devices Consumption (2019-2030)
2.5 Europe Functional Safety Devices Consumption (2019-2030)
2.6 Japan Functional Safety Devices Consumption (2019-2030)
2.7 South Korea Functional Safety Devices Consumption (2019-2030)
2.8 ASEAN Functional Safety Devices Consumption (2019-2030)
2.9 India Functional Safety Devices Consumption (2019-2030)

3 World Functional Safety Devices Manufacturers Competitive Analysis
3.1 World Functional Safety Devices Production Value by Manufacturer (2019-2024)
3.2 World Functional Safety Devices Production by Manufacturer (2019-2024)
3.3 World Functional Safety Devices Average Price by Manufacturer (2019-2024)
3.4 Functional Safety Devices Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Functional Safety Devices Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Functional Safety Devices in 2023
3.5.3 Global Concentration Ratios (CR8) for Functional Safety Devices in 2023
3.6 Functional Safety Devices Market: Overall Company Footprint Analysis
3.6.1 Functional Safety Devices Market: Region Footprint
3.6.2 Functional Safety Devices Market: Company Product Type Footprint
3.6.3 Functional Safety Devices Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Functional Safety Devices Production Value Comparison
4.1.1 United States VS China: Functional Safety Devices Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Functional Safety Devices Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Functional Safety Devices Production Comparison
4.2.1 United States VS China: Functional Safety Devices Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Functional Safety Devices Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Functional Safety Devices Consumption Comparison
4.3.1 United States VS China: Functional Safety Devices Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Functional Safety Devices Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Functional Safety Devices Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Functional Safety Devices Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Functional Safety Devices Production Value (2019-2024)
4.4.3 United States Based Manufacturers Functional Safety Devices Production (2019-2024)
4.5 China Based Functional Safety Devices Manufacturers and Market Share
4.5.1 China Based Functional Safety Devices Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Functional Safety Devices Production Value (2019-2024)
4.5.3 China Based Manufacturers Functional Safety Devices Production (2019-2024)
4.6 Rest of World Based Functional Safety Devices Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Functional Safety Devices Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Functional Safety Devices Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Functional Safety Devices Production (2019-2024)

5 Market Analysis by Type
5.1 World Functional Safety Devices Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Safety Sensors
5.2.2 Safety PLCs
5.2.3 Safety Relays
5.2.4 Safety Valves
5.2.5 Safety Actuators
5.2.6 Safety Switchs
5.2.7 Others
5.3 Market Segment by Type
5.3.1 World Functional Safety Devices Production by Type (2019-2030)
5.3.2 World Functional Safety Devices Production Value by Type (2019-2030)
5.3.3 World Functional Safety Devices Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Functional Safety Devices Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Automotive
6.2.2 Rail Transit
6.2.3 Chemical
6.2.4 Oil and Gas
6.2.5 Medical
6.2.6 Power Generation
6.2.7 Elevator and Escalator
6.2.8 Others
6.3 Market Segment by Application
6.3.1 World Functional Safety Devices Production by Application (2019-2030)
6.3.2 World Functional Safety Devices Production Value by Application (2019-2030)
6.3.3 World Functional Safety Devices Average Price by Application (2019-2030)

7 Company Profiles
7.1 Siemens
7.1.1 Siemens Details
7.1.2 Siemens Major Business
7.1.3 Siemens Functional Safety Devices Product and Services
7.1.4 Siemens Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Siemens Recent Developments/Updates
7.1.6 Siemens Competitive Strengths & Weaknesses
7.2 ABB
7.2.1 ABB Details
7.2.2 ABB Major Business
7.2.3 ABB Functional Safety Devices Product and Services
7.2.4 ABB Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 ABB Recent Developments/Updates
7.2.6 ABB Competitive Strengths & Weaknesses
7.3 Schneider
7.3.1 Schneider Details
7.3.2 Schneider Major Business
7.3.3 Schneider Functional Safety Devices Product and Services
7.3.4 Schneider Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Schneider Recent Developments/Updates
7.3.6 Schneider Competitive Strengths & Weaknesses
7.4 Honeywell
7.4.1 Honeywell Details
7.4.2 Honeywell Major Business
7.4.3 Honeywell Functional Safety Devices Product and Services
7.4.4 Honeywell Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Honeywell Recent Developments/Updates
7.4.6 Honeywell Competitive Strengths & Weaknesses
7.5 Rockwell Automation
7.5.1 Rockwell Automation Details
7.5.2 Rockwell Automation Major Business
7.5.3 Rockwell Automation Functional Safety Devices Product and Services
7.5.4 Rockwell Automation Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Rockwell Automation Recent Developments/Updates
7.5.6 Rockwell Automation Competitive Strengths & Weaknesses
7.6 Mitsubishi Electric
7.6.1 Mitsubishi Electric Details
7.6.2 Mitsubishi Electric Major Business
7.6.3 Mitsubishi Electric Functional Safety Devices Product and Services
7.6.4 Mitsubishi Electric Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Mitsubishi Electric Recent Developments/Updates
7.6.6 Mitsubishi Electric Competitive Strengths & Weaknesses
7.7 Emerson
7.7.1 Emerson Details
7.7.2 Emerson Major Business
7.7.3 Emerson Functional Safety Devices Product and Services
7.7.4 Emerson Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Emerson Recent Developments/Updates
7.7.6 Emerson Competitive Strengths & Weaknesses
7.8 Yokogawa Electric
7.8.1 Yokogawa Electric Details
7.8.2 Yokogawa Electric Major Business
7.8.3 Yokogawa Electric Functional Safety Devices Product and Services
7.8.4 Yokogawa Electric Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 Yokogawa Electric Recent Developments/Updates
7.8.6 Yokogawa Electric Competitive Strengths & Weaknesses
7.9 GE
7.9.1 GE Details
7.9.2 GE Major Business
7.9.3 GE Functional Safety Devices Product and Services
7.9.4 GE Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 GE Recent Developments/Updates
7.9.6 GE Competitive Strengths & Weaknesses
7.10 Omron
7.10.1 Omron Details
7.10.2 Omron Major Business
7.10.3 Omron Functional Safety Devices Product and Services
7.10.4 Omron Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 Omron Recent Developments/Updates
7.10.6 Omron Competitive Strengths & Weaknesses
7.11 TE Connectivity
7.11.1 TE Connectivity Details
7.11.2 TE Connectivity Major Business
7.11.3 TE Connectivity Functional Safety Devices Product and Services
7.11.4 TE Connectivity Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 TE Connectivity Recent Developments/Updates
7.11.6 TE Connectivity Competitive Strengths & Weaknesses
7.12 SICK
7.12.1 SICK Details
7.12.2 SICK Major Business
7.12.3 SICK Functional Safety Devices Product and Services
7.12.4 SICK Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.12.5 SICK Recent Developments/Updates
7.12.6 SICK Competitive Strengths & Weaknesses
7.13 PILZ
7.13.1 PILZ Details
7.13.2 PILZ Major Business
7.13.3 PILZ Functional Safety Devices Product and Services
7.13.4 PILZ Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.13.5 PILZ Recent Developments/Updates
7.13.6 PILZ Competitive Strengths & Weaknesses
7.14 HIMA Paul Hildebrandt
7.14.1 HIMA Paul Hildebrandt Details
7.14.2 HIMA Paul Hildebrandt Major Business
7.14.3 HIMA Paul Hildebrandt Functional Safety Devices Product and Services
7.14.4 HIMA Paul Hildebrandt Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.14.5 HIMA Paul Hildebrandt Recent Developments/Updates
7.14.6 HIMA Paul Hildebrandt Competitive Strengths & Weaknesses
7.15 Endress+Hauser
7.15.1 Endress+Hauser Details
7.15.2 Endress+Hauser Major Business
7.15.3 Endress+Hauser Functional Safety Devices Product and Services
7.15.4 Endress+Hauser Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.15.5 Endress+Hauser Recent Developments/Updates
7.15.6 Endress+Hauser Competitive Strengths & Weaknesses
7.16 Eaton
7.16.1 Eaton Details
7.16.2 Eaton Major Business
7.16.3 Eaton Functional Safety Devices Product and Services
7.16.4 Eaton Functional Safety Devices Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.16.5 Eaton Recent Developments/Updates
7.16.6 Eaton Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Functional Safety Devices Industry Chain
8.2 Functional Safety Devices Upstream Analysis
8.2.1 Functional Safety Devices Core Raw Materials
8.2.2 Main Manufacturers of Functional Safety Devices Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Functional Safety Devices Production Mode
8.6 Functional Safety Devices Procurement Model
8.7 Functional Safety Devices Industry Sales Model and Sales Channels
8.7.1 Functional Safety Devices Sales Model
8.7.2 Functional Safety Devices Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Functional Safety Devices Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Functional Safety Devices Production Value by Region (2019-2024) & (USD Million)
Table 3. World Functional Safety Devices Production Value by Region (2025-2030) & (USD Million)
Table 4. World Functional Safety Devices Production Value Market Share by Region (2019-2024)
Table 5. World Functional Safety Devices Production Value Market Share by Region (2025-2030)
Table 6. World Functional Safety Devices Production by Region (2019-2024) & (K Units)
Table 7. World Functional Safety Devices Production by Region (2025-2030) & (K Units)
Table 8. World Functional Safety Devices Production Market Share by Region (2019-2024)
Table 9. World Functional Safety Devices Production Market Share by Region (2025-2030)
Table 10. World Functional Safety Devices Average Price by Region (2019-2024) & (USD/Unit)
Table 11. World Functional Safety Devices Average Price by Region (2025-2030) & (USD/Unit)
Table 12. Functional Safety Devices Major Market Trends
Table 13. World Functional Safety Devices Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (K Units)
Table 14. World Functional Safety Devices Consumption by Region (2019-2024) & (K Units)
Table 15. World Functional Safety Devices Consumption Forecast by Region (2025-2030) & (K Units)
Table 16. World Functional Safety Devices Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Functional Safety Devices Producers in 2023
Table 18. World Functional Safety Devices Production by Manufacturer (2019-2024) & (K Units)
Table 19. Production Market Share of Key Functional Safety Devices Producers in 2023
Table 20. World Functional Safety Devices Average Price by Manufacturer (2019-2024) & (USD/Unit)
Table 21. Global Functional Safety Devices Company Evaluation Quadrant
Table 22. World Functional Safety Devices Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Functional Safety Devices Production Site of Key Manufacturer
Table 24. Functional Safety Devices Market: Company Product Type Footprint
Table 25. Functional Safety Devices Market: Company Product Application Footprint
Table 26. Functional Safety Devices Competitive Factors
Table 27. Functional Safety Devices New Entrant and Capacity Expansion Plans
Table 28. Functional Safety Devices Mergers & Acquisitions Activity
Table 29. United States VS China Functional Safety Devices Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Functional Safety Devices Production Comparison, (2019 & 2023 & 2030) & (K Units)
Table 31. United States VS China Functional Safety Devices Consumption Comparison, (2019 & 2023 & 2030) & (K Units)
Table 32. United States Based Functional Safety Devices Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Functional Safety Devices Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Functional Safety Devices Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Functional Safety Devices Production (2019-2024) & (K Units)
Table 36. United States Based Manufacturers Functional Safety Devices Production Market Share (2019-2024)
Table 37. China Based Functional Safety Devices Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Functional Safety Devices Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Functional Safety Devices Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Functional Safety Devices Production (2019-2024) & (K Units)
Table 41. China Based Manufacturers Functional Safety Devices Production Market Share (2019-2024)
Table 42. Rest of World Based Functional Safety Devices Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Functional Safety Devices Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Functional Safety Devices Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Functional Safety Devices Production (2019-2024) & (K Units)
Table 46. Rest of World Based Manufacturers Functional Safety Devices Production Market Share (2019-2024)
Table 47. World Functional Safety Devices Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Functional Safety Devices Production by Type (2019-2024) & (K Units)
Table 49. World Functional Safety Devices Production by Type (2025-2030) & (K Units)
Table 50. World Functional Safety Devices Production Value by Type (2019-2024) & (USD Million)
Table 51. World Functional Safety Devices Production Value by Type (2025-2030) & (USD Million)
Table 52. World Functional Safety Devices Average Price by Type (2019-2024) & (USD/Unit)
Table 53. World Functional Safety Devices Average Price by Type (2025-2030) & (USD/Unit)
Table 54. World Functional Safety Devices Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Functional Safety Devices Production by Application (2019-2024) & (K Units)
Table 56. World Functional Safety Devices Production by Application (2025-2030) & (K Units)
Table 57. World Functional Safety Devices Production Value by Application (2019-2024) & (USD Million)
Table 58. World Functional Safety Devices Production Value by Application (2025-2030) & (USD Million)
Table 59. World Functional Safety Devices Average Price by Application (2019-2024) & (USD/Unit)
Table 60. World Functional Safety Devices Average Price by Application (2025-2030) & (USD/Unit)
Table 61. Siemens Basic Information, Manufacturing Base and Competitors
Table 62. Siemens Major Business
Table 63. Siemens Functional Safety Devices Product and Services
Table 64. Siemens Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Siemens Recent Developments/Updates
Table 66. Siemens Competitive Strengths & Weaknesses
Table 67. ABB Basic Information, Manufacturing Base and Competitors
Table 68. ABB Major Business
Table 69. ABB Functional Safety Devices Product and Services
Table 70. ABB Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. ABB Recent Developments/Updates
Table 72. ABB Competitive Strengths & Weaknesses
Table 73. Schneider Basic Information, Manufacturing Base and Competitors
Table 74. Schneider Major Business
Table 75. Schneider Functional Safety Devices Product and Services
Table 76. Schneider Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Schneider Recent Developments/Updates
Table 78. Schneider Competitive Strengths & Weaknesses
Table 79. Honeywell Basic Information, Manufacturing Base and Competitors
Table 80. Honeywell Major Business
Table 81. Honeywell Functional Safety Devices Product and Services
Table 82. Honeywell Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Honeywell Recent Developments/Updates
Table 84. Honeywell Competitive Strengths & Weaknesses
Table 85. Rockwell Automation Basic Information, Manufacturing Base and Competitors
Table 86. Rockwell Automation Major Business
Table 87. Rockwell Automation Functional Safety Devices Product and Services
Table 88. Rockwell Automation Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Rockwell Automation Recent Developments/Updates
Table 90. Rockwell Automation Competitive Strengths & Weaknesses
Table 91. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
Table 92. Mitsubishi Electric Major Business
Table 93. Mitsubishi Electric Functional Safety Devices Product and Services
Table 94. Mitsubishi Electric Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Mitsubishi Electric Recent Developments/Updates
Table 96. Mitsubishi Electric Competitive Strengths & Weaknesses
Table 97. Emerson Basic Information, Manufacturing Base and Competitors
Table 98. Emerson Major Business
Table 99. Emerson Functional Safety Devices Product and Services
Table 100. Emerson Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 101. Emerson Recent Developments/Updates
Table 102. Emerson Competitive Strengths & Weaknesses
Table 103. Yokogawa Electric Basic Information, Manufacturing Base and Competitors
Table 104. Yokogawa Electric Major Business
Table 105. Yokogawa Electric Functional Safety Devices Product and Services
Table 106. Yokogawa Electric Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 107. Yokogawa Electric Recent Developments/Updates
Table 108. Yokogawa Electric Competitive Strengths & Weaknesses
Table 109. GE Basic Information, Manufacturing Base and Competitors
Table 110. GE Major Business
Table 111. GE Functional Safety Devices Product and Services
Table 112. GE Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 113. GE Recent Developments/Updates
Table 114. GE Competitive Strengths & Weaknesses
Table 115. Omron Basic Information, Manufacturing Base and Competitors
Table 116. Omron Major Business
Table 117. Omron Functional Safety Devices Product and Services
Table 118. Omron Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 119. Omron Recent Developments/Updates
Table 120. Omron Competitive Strengths & Weaknesses
Table 121. TE Connectivity Basic Information, Manufacturing Base and Competitors
Table 122. TE Connectivity Major Business
Table 123. TE Connectivity Functional Safety Devices Product and Services
Table 124. TE Connectivity Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 125. TE Connectivity Recent Developments/Updates
Table 126. TE Connectivity Competitive Strengths & Weaknesses
Table 127. SICK Basic Information, Manufacturing Base and Competitors
Table 128. SICK Major Business
Table 129. SICK Functional Safety Devices Product and Services
Table 130. SICK Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 131. SICK Recent Developments/Updates
Table 132. SICK Competitive Strengths & Weaknesses
Table 133. PILZ Basic Information, Manufacturing Base and Competitors
Table 134. PILZ Major Business
Table 135. PILZ Functional Safety Devices Product and Services
Table 136. PILZ Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 137. PILZ Recent Developments/Updates
Table 138. PILZ Competitive Strengths & Weaknesses
Table 139. HIMA Paul Hildebrandt Basic Information, Manufacturing Base and Competitors
Table 140. HIMA Paul Hildebrandt Major Business
Table 141. HIMA Paul Hildebrandt Functional Safety Devices Product and Services
Table 142. HIMA Paul Hildebrandt Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 143. HIMA Paul Hildebrandt Recent Developments/Updates
Table 144. HIMA Paul Hildebrandt Competitive Strengths & Weaknesses
Table 145. Endress+Hauser Basic Information, Manufacturing Base and Competitors
Table 146. Endress+Hauser Major Business
Table 147. Endress+Hauser Functional Safety Devices Product and Services
Table 148. Endress+Hauser Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 149. Endress+Hauser Recent Developments/Updates
Table 150. Eaton Basic Information, Manufacturing Base and Competitors
Table 151. Eaton Major Business
Table 152. Eaton Functional Safety Devices Product and Services
Table 153. Eaton Functional Safety Devices Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 154. Global Key Players of Functional Safety Devices Upstream (Raw Materials)
Table 155. Functional Safety Devices Typical Customers
Table 156. Functional Safety Devices Typical Distributors
List of Figure
Figure 1. Functional Safety Devices Picture
Figure 2. World Functional Safety Devices Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Functional Safety Devices Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Functional Safety Devices Production (2019-2030) & (K Units)
Figure 5. World Functional Safety Devices Average Price (2019-2030) & (USD/Unit)
Figure 6. World Functional Safety Devices Production Value Market Share by Region (2019-2030)
Figure 7. World Functional Safety Devices Production Market Share by Region (2019-2030)
Figure 8. North America Functional Safety Devices Production (2019-2030) & (K Units)
Figure 9. Europe Functional Safety Devices Production (2019-2030) & (K Units)
Figure 10. China Functional Safety Devices Production (2019-2030) & (K Units)
Figure 11. Japan Functional Safety Devices Production (2019-2030) & (K Units)
Figure 12. Southeast Asia Functional Safety Devices Production (2019-2030) & (K Units)
Figure 13. Functional Safety Devices Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 16. World Functional Safety Devices Consumption Market Share by Region (2019-2030)
Figure 17. United States Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 18. China Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 19. Europe Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 20. Japan Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 21. South Korea Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 22. ASEAN Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 23. India Functional Safety Devices Consumption (2019-2030) & (K Units)
Figure 24. Producer Shipments of Functional Safety Devices by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Functional Safety Devices Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Functional Safety Devices Markets in 2023
Figure 27. United States VS China: Functional Safety Devices Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Functional Safety Devices Production Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States VS China: Functional Safety Devices Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 30. United States Based Manufacturers Functional Safety Devices Production Market Share 2023
Figure 31. China Based Manufacturers Functional Safety Devices Production Market Share 2023
Figure 32. Rest of World Based Manufacturers Functional Safety Devices Production Market Share 2023
Figure 33. World Functional Safety Devices Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 34. World Functional Safety Devices Production Value Market Share by Type in 2023
Figure 35. Safety Sensors
Figure 36. Safety PLCs
Figure 37. Safety Relays
Figure 38. Safety Valves
Figure 39. Safety Actuators
Figure 40. Safety Switchs
Figure 41. Others
Figure 42. World Functional Safety Devices Production Market Share by Type (2019-2030)
Figure 43. World Functional Safety Devices Production Value Market Share by Type (2019-2030)
Figure 44. World Functional Safety Devices Average Price by Type (2019-2030) & (USD/Unit)
Figure 45. World Functional Safety Devices Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 46. World Functional Safety Devices Production Value Market Share by Application in 2023
Figure 47. Automotive
Figure 48. Rail Transit
Figure 49. Chemical
Figure 50. Oil and Gas
Figure 51. Medical
Figure 52. Power Generation
Figure 53. Elevator and Escalator
Figure 54. Others
Figure 55. World Functional Safety Devices Production Market Share by Application (2019-2030)
Figure 56. World Functional Safety Devices Production Value Market Share by Application (2019-2030)
Figure 57. World Functional Safety Devices Average Price by Application (2019-2030) & (USD/Unit)
Figure 58. Functional Safety Devices Industry Chain
Figure 59. Functional Safety Devices Procurement Model
Figure 60. Functional Safety Devices Sales Model
Figure 61. Functional Safety Devices Sales Channels, Direct Sales, and Distribution
Figure 62. Methodology
Figure 63. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Siemens
ABB
Schneider
Honeywell
Rockwell Automation
Mitsubishi Electric
Emerson
Yokogawa Electric
GE
Omron
TE Connectivity
SICK
PILZ
HIMA Paul Hildebrandt
Endress+Hauser
Eaton
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