openPR Logo
Press release

Safety Instrumentation Systems Market Size, Analysis, and Forecast Report 2017-2027

09-08-2017 01:24 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Safety Instrumentation Systems Market Size, Analysis,

Safety Instrumentation Systems (SIS) play a vital role in energy industries and global processes where they are used to provide extra safety to workers and equipment as well as for protecting the environment and nearby communities. When safe operating conditions are violated or safety limits are exceeded, safety instrumentation systems (SIS) are used to return the process to a safe state. Safety Instrumentation systems (SIS) are independent systems comprising sensors, actuators and logic solvers that successfully measure temperature, water level and pressure to ensure the safety of the process. Moreover, safety instrumentation systems provide safety by reducing the risk not to the unrealistic ideal of zero, but to a low level which can be bearable or can be solved later. Safety Instrumentation systems are used in various industries, such as chemicals, oil and gas, pharmaceuticals, paper and pulp, metal and mining, water treatment, food and beverages and power generation.

Safety systems use a systematic approach which revolves around safety requirement specifications, hazard identification and system operation and maintenance during the entire life of a plant. Due to increasing investments in oil and gas production, the oil and gas sector is expected to be the biggest sector responsible for the growth of the safety instrumentation systems market. Moreover, the safety instrumentation systems market is expected to witness prominent growth due to an increase in adoption of safety instrumentation systems (SIS) in power generation.

Request Report Sample@

Safety Instrumentation Systems Market: Market Dynamics


Rise in automotive manufacturing across the globe is a major factor expected to drive the safety instrumentation systems market over the forecast period. Moreover, labor unions insisting on suitable safety measures in oil and gas and power generation industries will further drive the safety instrumentation systems market over the forecast period. That apart, safety regulations executed by governments and increasing adoption of safety instrumentation systems in power generation will also add to the growth of market. Additionally, high demand for SIS in developing regions and arrival of new technologies, such as Internet of Things (IOT), are expected to further boost the market.


Lack of awareness and complexity of standards in different applications are some of the factors which may hamper the growth of the safety instrumentation systems market over the forecast period. Similarly, the high cost and low response rate of safety instrumentation systems (SIS) will act as major restraining factors for the growth of safety instrumentation systems market during the forecast period.

Safety Instrumentation Systems Market: Segmentation

The global safety instrumentation systems market can be segmented on the basis of component type, product type and application.

On the basis of component type, the safety instrumentation systems market can be segmented into:

Safety Switches

Safety Sensors

Emergency Stop Devices

Programmable Safety Devices


On the basis of product type, the safety instrumentation systems market can be segmented into:

Emergency Shutdown System (ESD)

Safety Interlock System

Safety Shutdown System (SSD)

Fire and Gas Monitoring and control

Burner Management System (BMS)

Turbo Machinery and Control (TMC)

On the basis of application, the safety instrumentation systems market can be segmented into:


Oil and Gas


Paper and Pulp

Metal and Mining

Wastewater Treatment

Food and Beverages

Power Generation

Safety Instrumentation Systems Market: Region-Wise Outlook

The European region is expected to be largest growing market due to rising demand for industrial safety measures to minimize accidents in case safety limits are exceeded. North America is expected to dominate the safety instrumentation systems market due to growing consumer awareness and expansion of medical industrial market. Asia Pacific region is expected to witness highest CAGR during the forecast period owing to the growing awareness regarding safety, emergence of new technologies and high demand for safety instrumentation systems in developing countries.

Visit For TOC@

Safety Instrumentation Systems Market: Market Participants

Some of the market participants identified across the value chain of the global safety instrumentation systems market include:

ABB Ltd.

Emerson Process Management

Honeywell International Inc.

Schneider Electric SE

General Electric Company

Rockwell Automation Inc.

Siemens AG

Yokogawa Electric Corporation

OMRON Corporation

Johnson Control, Inc.

Tyco International Plc.

HIMA Paul Hildebrandt GmbH

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

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 Safety Instrumentation Systems Market Size, Analysis, and Forecast Report 2017-2027 here

News-ID: 705950 • Views: 177

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Safety

Mobile Safety Software
The rising popularity of mobile applications is one of the key factors responsible for the strong growth of this market during the forecast period of 2017 to 2021. It has been noted that mobile apps, such as WhatsApp, Snapchat, Facebook, YouTube, and Gmail, have gained popularity among the millennials since the past few years. Business applications, such as e-mail, calendars, and teleconferencing applications, are available for free and offer an
Airport Runway Safety System
Runway safety involves safe and reliable. Airport runway safety systems ensures safe and reliable flight operations from take-off to landing through providing guidance to ATCs and pilots. This is done by analyzing the detected data of runways and taxiways to take necessary steps in action while avoiding runway incursions, excursions, and confusions. Publisher's analysts forecast the global airport runway safety system market to grow at a CAGR of 8.53% during the
Road Safety Market
Numerous systems, devices, and technologies are leveraged to ensure safety on highways, bridges, tunnels, and urban roads. Together they constitute the global road safety market, which at present is characterized by the presence of many players both from the private and public sectors. As a result, the competitive landscape is fragmented. Depending upon the different solutions for road safety available, the global market can be classified into automatic license plate
Safety first
When working on machines, keeping employees safe is of the utmost importance. Certain regulations ensure machine safety. In Germany, for example, this is called the "Regulation regarding safety and health protection in using work equipment." In other countries, similar regulations are effective, according to which the potential hazards of a machine are regularly assessed and the necessary and appropriate safety measures are derived. Do your safety standards meet the requirements? And
Capital Safety Australia
Fall protection for penetrations and openings in construction, civil and confined space applications! DBI-SALA, a Capital Safety brand solely dedicated to the fall protection market, has announced the launch of their NEW PenoGuard™ fall protection system. PenoGuard is a new and revolutionary safety device that dramatically increases the safety of workers around penetrations that are commonly seen in construction, civil works and confined space applications. Penoguard has numerous safety factors that
Safety of Australian ETFs
BlackRock’s (NYSE: BLK) exchange traded fund business, iShares, said today that Australia’s young exchange traded fund (ETF) market and stringent regulatory system are keeping Australia’s ETFs relatively simple and straightforward. There are 50 ETFs currently trading on the Australian Securities Exchange (ASX) – the majority are based on the traditional ETF structure of a fund of physical stocks, in comparison to more complex ETF structures such as derivatives-based, leveraged and inverse