openPR Logo
Press release

Functional Safety Market Key Players 2018: Siemens AG, Rockwell Automation Inc., ABB Ltd., Schneider Electric SE, Emerson Electric Co. By Forecast 2023

02-27-2018 09:08 AM CET | IT, New Media & Software

Press release from: Market Research Future

Market Research Future

Market Research Future

Market Scenario:

The Functional Safety is a concept that provides web app and mobile app developers to link their applications to backend cloud storage and APIs and also providing features that includes user management, push notifications, and integration with social networking services. The mobile based application helps to improve quality of communication as well as demand for computer, web, and mobile apps. Functional Safety is an emerging trend in mobile application development, it is also known as Functional Safety (MBaaS).

The growth in the number of mobile applications and increased in adoption of MBaaS services among the SMEs and the enterprises, provides the market the future opportunity for the growth. The major drivers responsible for the growth of the Backend as a Service Market are high demands of smart phones and devices for rapid deployment and development of cloud-based applications. Functional Safety is a new means of developing the mobile applications system and also has broader scope in developing, deploying and managing the mobile app lifecycle.

The study indicates that Functional Safety Market is growing number of applications, increasing demand of Internet of things and the feature that delivers application resources with few resources, optimize for mobile and tablets and secure. It helps to reduce complexities in application development majorly drives this market. MBaaS makes it easier for developers to set up, use, and operate a cloud backend for creating their mobile, tablet, and web apps.

The global The Functional Safety Market is expected to grow at USD ~$ 8.7 Billion by 2023, at ~8.64% of CAGR between 2017 and 2023.

Key Players:

Siemens AG (Germany),
Rockwell Automation Inc. (US),
ABB Ltd. (Switzerland),
Schneider Electric SE (France),
Emerson Electric Co. (US).
General Electric Co. (US),
Honeywell International Inc. (US),
HIMA Paul Hildebrandt GmbH (Germany),
Endress+Hauser Management AG (Switzerland),
TUV Rheinland (Germany),
Omron Corporation (Japan),
Yokogawa Electric Corporation (Japan) among others.

Request a Sample Report @
https://www.marketresearchfuture.com/sample_request/3220

Segments:

The global Functional Safety market has been segmented on the basis of Devices, System, end users and region.

Functional Safety Market by Devices:

Safety Sensors
Safety Switches
Safety Controllers/Modules/Relays
Programmable Safety Systems
Emergency Stop Devices
Final Control Elements
Valves
Actuators
Other
 
Functional Safety Market by System:

Safety Instrumented Systems
Emergency Shutdown Systems (ESD)
Fire & Gas Monitoring Control
Turbo machinery Control (TMC)
Burner Management Systems (BMS)
High-Integrity Pressure Protection Systems (HIPPS)
Industrial Control Systems
Supervisory Control And Data Acquisition (SCADA) Systems
Distributed Control Systems (DCS)
Functional Safety Market by End Users:

Process Industry

Oil & Gas
Power Generation
Chemicals
Food & Beverages
Water & Wastewater
Pharmaceuticals and Biotech
Metal & Mining
Others

Discrete Industry

Automotive
Railways
Medical
Others

Functional Safety Market by Region:

North America
Europe
Asia Pacific (APAC)
Rest of the World (ROW) 

Regional Analysis: 
       
The regional analysis of Functional Safety Market is being studied for region such as Asia pacific, North Americas, Europe and Rest of the World. Technological advancements in ease of smart mobile usage to develop the mobile applications has driven the market of Functional Safety in North America. The study reveals that Europe region is also showing the positive sign towards mobile application at a very rapid pace in the Functional Safety Market during the forecast period as MBaaS is updating various applications and security to the smart mobile and devices. Asia-Pacific countries like China, Japan and India have shown considerably fair share in the Functional Safety Market but will be growing fast in coming time.

Study Objectives of the Functional Safety Market:

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Functional Safety market.

To provide insights about factors affecting the market growth.

To analyze the Functional Safety Market based porter’s five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW).

To provide country level analysis of the market with respect to the current market size and future prospective.

To provide country level analysis of the market for segment on the basis of Devices, System, end-user and region.

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Functional Safety

Access Report Details @
https://www.marketresearchfuture.com/reports/functional-safety-market-3220  

Intended Audience:

System Security
Functional safety devices and systems manufacturers
Safety equipment suppliers
Functional safety certification providers
Semiconductor product designers and fabricators
Functional safety lifecycle service providers
Governments, financial institutions, and investment communities
Original equipment manufacturers (OEMs)
Product manufacturers
Suppliers for chemical and oil & gas industries
Research organizations
Technology investors
Technology standards organizations, forums, alliances, and associations
Research/Consultancy firms
 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Us:

Market Research Future
Office No. 528, Amanora Chambers
Pune – 411028 Maharashtra, India
Phone: +91 841 198 5042
Mail:  sales@marketresearchfuture.com

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 Functional Safety Market Key Players 2018: Siemens AG, Rockwell Automation Inc., ABB Ltd., Schneider Electric SE, Emerson Electric Co. By Forecast 2023 here

News-ID: 958902 • Views:

More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through 2035
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years. Market Overview and Size The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends. Get Sample @ https://www.marketresearchfuture.com/sample_request/41217 Market Size and Growth The global washable
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR by 2032
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview: The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical

All 5 Releases


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