Safety Instrumented Systems: Navigating Transformation, Trends and Global Impacts

How is Digital Transformation Affecting Safety Instrumented Systems?

The digital revolution has had an indelible impact on safety instrumented systems (SIS). Developments in automation and industrial internet of things (IIoT) are driving new methodologies and architectures in the SIS sector. These changes have enhanced performance but have also raised concerns relating to cybersecurity and system integration. Therefore, resilience and adaptability are becoming market-defining features for manufacturers.

What Are the Notable Market Trends?

In recent years, there's been an upswing in demand for SIS integration with other safety processes and business systems, nudged by the drive for operational efficiency and total risk management. This convergence of safety and operational requirements is pushing beyond traditional boundaries, steering the development of multidisciplinary safety solutions. Moreover, the need for sustainable and low-cost solutions is encouraging market players to develop energy-efficient and reduced-maintenance systems.

How are Global Factors Influencing the SIS Market?

Global factors - regulatory climate, shifts in manufacturing and industry 4.0 - are majorly influencing the SIS market. Stringent regulatory measures related to industrial safety are propelling demand for more efficient safety systems. Meanwhile, the rise of emerging markets, especially in developing countries where industrialization is rapidly progressing, is setting the stage for continued market development. However, these global factors are posing the challenge of localizing solutions to cater diverse legal and practical requirements.