Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial Emergency Shutdown Systems Market by Type (Safety controllers/modules/relays, Safety switches, Logic solver/programmable safety systems, Emergency stop devices, Actuators, Safety sensors, Valves), By Application (Oil and Gas, Chemical and Petrochemical, Pharmaceutical, Water and Wastewater, Pulp and Paper) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial Emergency Shutdown Systems Market by Type (Safety controllers/modules/relays, Safety switches, Logic solver/programmable safety systems, Emergency stop devices, Actuators, Safety sensors, Valves), By Application (Oil and Gas, Chemical and Petrochemical, Pharmaceutical, Water and Wastewater, Pulp and Paper) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 310731 4200 Machinery & Equipment 377 154 Pages 4.8 (48)
                                          

Market Overview:


The global industrial emergency shutdown systems market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safety controllers/modules/relays, safety switches, logic solver/programmable safety systems, emergency stop devices, actuators and valves in various industrial applications such as oil and gas, chemical and petrochemical, pharmaceuticals water and wastewater treatment plants etc.


Global Industrial Emergency Shutdown Systems Industry Outlook


Product Definition:


An industrial emergency shutdown system is a system that is used to quickly and safely shut down a process or plant in the event of an emergency. The importance of industrial emergency shutdown systems is that they can help prevent accidents and injuries, as well as protect the environment.


Safety controllers/modules/relays:


Safety controllers/modules/relays are used in the industrial emergency shutdown systems to protect the plant from hazards due to machine errors or unexpected situations. These devices help in switching off the power supply before any accidents occur, which cannot be switched off using normal switches. The main function of safety controllers is to interrupt a dangerous situation and make sure that no harm comes to operators or other equipment installed at a plant.


Safety switches:


Safety switches are used in industrial emergency shutdown systems to protect the plant from fire hazards and other emergencies. These devices are installed at critical locations in the power supply network of a facility. They interrupt electric current flow when an emergency occurs, thereby protecting the plant equipment from damage due to short circuits or open circuits.


These devices have applications across various industries including chemical, oil & gas, pulp & paper.


Application Insights:


The global demand for EDS has witnessed a paradigm shift due to rising safety concerns and need for robust protection systems in industries. The oil and gas industry was the largest consumer of these devices accounting for over 25% of the overall market revenue in 2017. The growth can be attributed to stringent regulations implemented by regional governments across various countries, such as Mexico, China, Australia etc., regarding shutdown of operations during emergencies such as fire or natural disasters.


Industrial emergency shutdown systems are used across multiple applications including chemical and petrochemical plants, pharmaceuticals & healthcare facilities among others which require controlled plant closures during emergencies or when there is a risk of accidents occurring at any time without prior warning. These devices help prevent accidents by shutting down critical industrial processes that may result in loss of life or property damage if not controlled properly leading to an emergency situation at the site.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to various factors such as increasing industrial activities, stringent government regulations, and rising investments in automation. For instance, China has made huge investments in automation and has installed more than 300 million units of industrial robots since 2005. This factor is anticipated to propel product demand across numerous industries in China over the coming years.


Europe accounted for a significant share of revenue share owing to early adoption of shutdown systems across several industries including oil and gas, chemical and petrochemical, pharmaceuticals among others that are highly susceptible to accidental releases or emergencies caused by power outages or other causes such as fire/smoke/gas leak etc., Also Europe being a manufacturing hub for several high-end luxury vehicles among others which have safety features incorporated with emergency shut down systems will drive regional market growth during the forecast period.


Growth Factors:


  • Increasing demand for industrial safety systems
  • Growing awareness about the benefits of industrial emergency shutdown systems
  • Proliferation of smart factories and Industry 4.0 initiatives
  • Rising concerns over environmental pollution and safety hazards in industrial plants
  • Technological advancements in emergency shutdown systems

Scope Of The Report

Report Attributes

Report Details

Report Title

Industrial Emergency Shutdown Systems Market Research Report

By Type

Safety controllers/modules/relays, Safety switches, Logic solver/programmable safety systems, Emergency stop devices, Actuators, Safety sensors, Valves

By Application

Oil and Gas, Chemical and Petrochemical, Pharmaceutical, Water and Wastewater, Pulp and Paper

By Companies

ABB, Rockwell Automation, Schneider Electric, Yokogawa Electric, Emerson, Esoterica, General Electric, HIMA Paul Hildebrandt, Honeywell, Johnson Controls, Norgren, OMRON, Siemens, Johnson Controls

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

154

Number of Tables & Figures

108

Customization Available

Yes, the report can be customized as per your need.


Global Industrial Emergency Shutdown Systems Market Report Segments:

The global Industrial Emergency Shutdown Systems market is segmented on the basis of:

Types

Safety controllers/modules/relays, Safety switches, Logic solver/programmable safety systems, Emergency stop devices, Actuators, Safety sensors, Valves

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Oil and Gas, Chemical and Petrochemical, Pharmaceutical, Water and Wastewater, Pulp and Paper

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ABB
  2. Rockwell Automation
  3. Schneider Electric
  4. Yokogawa Electric
  5. Emerson
  6. Esoterica
  7. General Electric
  8. HIMA Paul Hildebrandt
  9. Honeywell
  10. Johnson Controls
  11. Norgren
  12. OMRON
  13. Siemens
  14. Johnson Controls

Global Industrial Emergency Shutdown Systems Market Overview


Highlights of The Industrial Emergency Shutdown Systems Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Safety controllers/modules/relays
    2. Safety switches
    3. Logic solver/programmable safety systems
    4. Emergency stop devices
    5. Actuators
    6. Safety sensors
    7. Valves
  1. By Application:

    1. Oil and Gas
    2. Chemical and Petrochemical
    3. Pharmaceutical
    4. Water and Wastewater
    5. Pulp and Paper
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial Emergency Shutdown Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
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Global Industrial Emergency Shutdown Systems Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Industrial emergency shutdown systems are designed to automatically shut down a plant or factory in the event of an emergency. These systems can be activated by sensors, alarms, or manually by operators. Shutdown procedures may involve stopping production lines, shutting down power supplies, and evacuating workers.

Some of the major players in the industrial emergency shutdown systems market are ABB, Rockwell Automation, Schneider Electric, Yokogawa Electric, Emerson, Esoterica, General Electric, HIMA Paul Hildebrandt, Honeywell, Johnson Controls, Norgren, OMRON, Siemens, Johnson Controls.

The industrial emergency shutdown systems market is expected to register a CAGR of 5.8%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Emergency Shutdown Systems Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Industrial Emergency Shutdown Systems Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Industrial Emergency Shutdown Systems Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Industrial Emergency Shutdown Systems Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Industrial Emergency Shutdown Systems Market Size & Forecast, 2020-2028       4.5.1 Industrial Emergency Shutdown Systems Market Size and Y-o-Y Growth       4.5.2 Industrial Emergency Shutdown Systems Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Safety controllers/modules/relays
      5.2.2 Safety switches
      5.2.3 Logic solver/programmable safety systems
      5.2.4 Emergency stop devices
      5.2.5 Actuators
      5.2.6 Safety sensors
      5.2.7 Valves
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Oil and Gas
      6.2.2 Chemical and Petrochemical
      6.2.3 Pharmaceutical
      6.2.4 Water and Wastewater
      6.2.5 Pulp and Paper
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Industrial Emergency Shutdown Systems Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Industrial Emergency Shutdown Systems Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Safety controllers/modules/relays
      9.6.2 Safety switches
      9.6.3 Logic solver/programmable safety systems
      9.6.4 Emergency stop devices
      9.6.5 Actuators
      9.6.6 Safety sensors
      9.6.7 Valves
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Oil and Gas
      9.10.2 Chemical and Petrochemical
      9.10.3 Pharmaceutical
      9.10.4 Water and Wastewater
      9.10.5 Pulp and Paper
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Safety controllers/modules/relays
      10.6.2 Safety switches
      10.6.3 Logic solver/programmable safety systems
      10.6.4 Emergency stop devices
      10.6.5 Actuators
      10.6.6 Safety sensors
      10.6.7 Valves
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Oil and Gas
      10.10.2 Chemical and Petrochemical
      10.10.3 Pharmaceutical
      10.10.4 Water and Wastewater
      10.10.5 Pulp and Paper
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Safety controllers/modules/relays
      11.6.2 Safety switches
      11.6.3 Logic solver/programmable safety systems
      11.6.4 Emergency stop devices
      11.6.5 Actuators
      11.6.6 Safety sensors
      11.6.7 Valves
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Oil and Gas
      11.10.2 Chemical and Petrochemical
      11.10.3 Pharmaceutical
      11.10.4 Water and Wastewater
      11.10.5 Pulp and Paper
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Safety controllers/modules/relays
      12.6.2 Safety switches
      12.6.3 Logic solver/programmable safety systems
      12.6.4 Emergency stop devices
      12.6.5 Actuators
      12.6.6 Safety sensors
      12.6.7 Valves
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Oil and Gas
      12.10.2 Chemical and Petrochemical
      12.10.3 Pharmaceutical
      12.10.4 Water and Wastewater
      12.10.5 Pulp and Paper
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Safety controllers/modules/relays
      13.6.2 Safety switches
      13.6.3 Logic solver/programmable safety systems
      13.6.4 Emergency stop devices
      13.6.5 Actuators
      13.6.6 Safety sensors
      13.6.7 Valves
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Oil and Gas
      13.10.2 Chemical and Petrochemical
      13.10.3 Pharmaceutical
      13.10.4 Water and Wastewater
      13.10.5 Pulp and Paper
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Industrial Emergency Shutdown Systems Market: Competitive Dashboard
   14.2 Global Industrial Emergency Shutdown Systems Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 ABB
      14.3.2 Rockwell Automation
      14.3.3 Schneider Electric
      14.3.4 Yokogawa Electric
      14.3.5 Emerson
      14.3.6 Esoterica
      14.3.7 General Electric
      14.3.8 HIMA Paul Hildebrandt
      14.3.9 Honeywell
      14.3.10 Johnson Controls
      14.3.11 Norgren
      14.3.12 OMRON
      14.3.13 Siemens
      14.3.14 Johnson Controls

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