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Global Process Safety Systems Market 2017-2021

  • February 2017
  • 72 pages
  • Infiniti Research Limited
Report ID: 2720180

Summary

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About Process Safety Systems Market

The process safety systems market covers emergency shutdown systems (ESS), fire and gas systems (F&G), high-integrity pressure protection systems (HIPPS) and burner management systems (BMS). All these process safety systems aid in enhancing system safety and thereby increase the overall plant process line. The process safety systems focus on reducing the risks of fires, discharge of toxic gases, and local fires.

Technavio’s analysts forecast the global process safety systems market to grow at a CAGR of 4.58% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global process safety systems market for 2017-2021. To calculate the market size, the report considers the sales and services market.

The market is divided into the following segments based on geography:
- APAC
- EMEA
- Americas

Technavio's report, Global Process Safety Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ABB
- Honeywell International
- Rockwell Automation
- Siemens
- Yokogawa Electric

Other prominent vendors
- Emerson Electric
- Esoteric Automation
- General Electric
- HIMA Paul Hildebrandt
- Johnson Controls
- OMRON
- Schneider Electric

Market driver
- Increase in process automation among end-users
- For a full, detailed list, view our report

Market challenge
- Shortage of skilled labor to maintain and operate automation systems
- For a full, detailed list, view our report

Market trend
- Development of customized safety systems
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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