Press release
Key Influencer in the Safety Instrumented Systems Market 2025: Role Of Industrial Accidents On The Safety Instrumented Systems Market Driver
How Are the key drivers contributing to the expansion of the safety instrumented systems market?The safety instrumented systems market is predicted to expand due to the rise in industrial accidents. These refer to unforeseen situations or incidents that take place in industrial workplaces like manufacturing plants, factories, construction locations, and refineries, leading to property damage, sickness, or injuries. Reasons for these accidents include swift industrialization, workforce growth, technological intricacies, and the absence of safety routines. Safety instrumented systems (SIS) serve to avoid or minimize these accidents by offering layers of protection against dangerous situations, safeguarding both assets and personnel while maintaining regulatory fulfillment. For example, in December 2023, according to the Bureau of Labor Statistics, a US governmental organization stated that there was a 5.7% increase in fatal work injuries in the US in 2022, with 5,486 cases reported, compared to 5,190 cases in 2021. Consequently, the escalating number of industrial accidents is fueling the growth of the safety-instrumented systems market.
Get Your Safety Instrumented Systems Market Report Here:
https://www.thebusinessresearchcompany.com/report/safety-instrumented-systems-global-market-report
What growth opportunities are expected to drive the safety instrumented systems market's CAGR through 2034?
In the past few years, there has been significant growth in the market size of safety instrumented systems. It is projected to expand from $4.21 billion in 2024 to $4.53 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. This rapid growth during the historical period can be linked to industrial accidents and disasters, the focus on preserving assets and preventing losses, the increasing complexity of industrial operations, the growing demand for operational efficiency, and the heightened awareness of the role of human factors in safety.
In the coming years, the market size for safety instrumented systems is projected to experience robust growth, increasing to $6.07 billion in 2029 with a compound annual growth rate (CAGR) of 7.6%. This growth within the forecast period can be attributed to heightened focus on cybersecurity measures, the expansion of various process industries, the pace of urbanization and infrastructure growth, the need for scalable and modular solutions, and the amplified emphasis on remote monitoring and maintenance. The expected trends within this period include an increase in the adoption of Industrial Internet of Things (IIoT) and Industry 4.0 technologies, a surge in demand for functional safety solutions, the utilization of wireless technologies, and demand for remote monitoring and management.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14993&type=smp
What are the emerging trends shaping the future of the safety instrumented systems market?
Leading companies in the safety instrumented systems market are concentrating on the development of advanced and integrated safety solutions, such as hybrid safety, in order to secure a competitive edge. Hybrid safety, which can support both process safety (for continuous process industries) and machine safety (for discrete manufacturing), is versatile and can cater to different industrial applications that uphold stringent safety standards. For instance, Rockwell Automation, Inc., an American industrial automation firm, unveiled Logix SIS, a state-of-the-art safety instrumented system (SIS) in September 2024. This system was crafted to meet the changing requirements of contemporary industrial environments. The Logix SIS series offers progressive automation solutions, focused on safeguarding people, assets, and the environment through the execution of safety controls, alarms, and interlocks. With its ability to integrate safety and standard control mechanisms, Rockwell's Logix SIS helps to expedite safety compliance and enhance system diagnostics and availability. Additionally, it enriches the capacity to manage and track risks in intricate processes, positioning it as a crucial innovation for safety in automated and hazardous industrial settings.
Which growth-oriented segments of the safety instrumented systems market are leading the industry's development?
The safety instrumented systems market covered in this report is segmented -
1) By Type: Safety Switches, Safety Sensors, Emergency Stop Devices, Programmable Safety Devices
2) By Application: Emergency Shutdown Systems (ESS), Fire And Gas Monitoring and Control (F&GC), High Integrity Pressure Protection Systems (HIPPS), Burner Management Systems (BMS), Turbo Machinery Control, Other Applications
3) By End User: Energy And Power, Pharmaceutical, Mining, Food and Beverage, Oil And Gas, Chemical And Petroleum Refinery, Other End Users
Subsegments:
1) By Safety Switches: Non-contact Safety Switches, Positive Opening Safety Switches, Door Safety Switches
2) By Safety Sensors: Safety Light Curtains, Safety Laser Scanners, Safety Mats
3) By Emergency Stop Devices: Push Buttons, Pull Cord Emergency Stop Switches, Emergency Stop Buttons
4) By Programmable Safety Devices: Safety PLCs, Safety Controllers, Safety Relays
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14993
North America was the largest region in the safety instrumented systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the safety instrumented systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the safety instrumented systems market?
Major companies operating in the safety instrumented systems market are Siemens AG, General Electric Company, Honeywell International Inc., Schneider Electric SE, Schlumberger Limited, ABB Ltd., Tyco International Plc, Johnson Controls, Inc., Baker Hughes, Emerson Electric Company, Siemens AG, OMRON Corporation, Matrix Technologies Inc., Yokogawa Electric Corporation, Endress+Hauser, SIS-TECH Solutions LP, HIMA Paul Hildebrandt GmbH, Esoteric Automation, SUPCON Group Co. Ltd., Consen Automation Control Ltd., HollySys Automation Technologies, Idec Corporation, General Monitors Ireland Limited, Draegerwerk AG & Co. KGaA, The ESAB Group Inc., Petrotechnics Ltd.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=14993&type=smp
What Is Covered In The Safety Instrumented Systems Global Market Report?
•Market Size Forecast: Examine the safety instrumented systems market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the safety instrumented systems market for a structured understanding.
•Key Players Overview: Analyze major players in the safety instrumented systems market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the safety instrumented systems market.
•Segment Contributions: Evaluate how different segments drive overall growth in the safety instrumented systems market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the safety instrumented systems market.
•Industry Challenges: Identify potential risks and obstacles affecting the safety instrumented systems market.
•Competitive Landscape: Review strategic developments in the safety instrumented systems market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Influencer in the Safety Instrumented Systems Market 2025: Role Of Industrial Accidents On The Safety Instrumented Systems Market Driver here
News-ID: 3917298 • Views: …
More Releases from The Business Research Company

Future of Arachidonic Acid Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Arachidonic Acid Market by 2025?
The market scope of arachidonic acid has witnessed significant expansion in the recent past. The valuation will inflate from $5.88 billion in 2024 to $6.31 billion in 2025, marking a compound annual growth rate (CAGR) of 7.3%.…

Solvent-Based Inks Market Analysis: $11.09 Billion by 2029 With a CAGR of 4.5%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Solvent-Based Inks Market Value Projection: How Much Will the Market Size by 2025?
In the last few years, there has been a consistent expansion in the solvent-based inks market size. The market, which was worth $8.9 billion in 2024, is projected to escalate to $9.28 billion in 2025 at a compound…

Phosgene Market on Path to Hit $6.25 Billion by 2029 at 5.2% CAGR
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Phosgene Market Outlook: What Size And CAGR Are Anticipated By 2025?
The size of the phosgene market has experienced substantial growth recently. It is anticipated to expand from $4.84 billion in 2024 to $5.1 billion in 2025, increasing at a compound annual growth rate (CAGR) of 5.5%. The rise experienced…

Methylene Diphenyl Diisocyanate (MDI)-Based Polyurethane Market to Record 5.1% C …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Methylene Diphenyl Diisocyanate (MDI)-Based Polyurethane Market Outlook: How is the Market Expected to Grow by 2025?
The market size of methylene diphenyl diisocyanate (MDI)-based polyurethane has been progressively increasing over the recent years. It's set to expand from a worth of $20.5 billion in 2024 to an estimated $21.21 billion…
More Releases for Safety
Water-Filled Barricades Market Report Analysis, Research Studies | OTW Safety, S …
DataM Intelligence has published a new research report on "Water-Filled Barricades Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF -…
Safety Eyewear Market Size Development Trends, Analysis and Forecast by 2028 | B …
Global Safety Eyewear Market is an exploration report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. These bits of knowledge offered in the Safety Eyewear Market report would benefit request players to define systems for the future and gain a solid situation in the worldwide market request development.…
Welding Safety Market Business Opportunities 2026 - Top Companies are 3M Welding …
A new research study has been presented by Dataintelo.com offering a comprehensive analysis on the Global Welding Safety Market where user can benefit from the complete market research report with all the required useful information about this market. The report discusses all major market aspects with expert opinion on current market status along with historic data. This market report is a detailed study on the growth, investment opportunities, market statistics,…
Fire Blanket Market By Key Players: Tyco International, Kidde Safety, Honeywell …
Fire Blanket Industry Overview
The Fire Blanket market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Fire Blanket market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Fire Blanket market…
A Latest Research On Welding Safety Market Global Analysis By Key Players-3M Wel …
UpMarketResearch offers a latest published report on “Global Welding Safety Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Welding Safety global status and…
Excellent Growth of Gas Masks Market- 3M, Honeywell, Avon Protection Systems, MS …
MarketResearchNest.com adds “Korea Gas Masks Market Research Report 2018” new report to its research database. The report spread across 112 pages with multiple tables and figures in it.
Korea plays an important role in global market, with market size of xx million USD in 2017 and will be xx million USD in 2025, with a CAGR of xx%.
This report studies the Gas Masks development status and future trend in Korea, focuses…