Research Summary
Functional safety devices are specialized equipment designed to ensure the safe operation of industrial processes, machinery, or systems by minimizing the risk of hazards and preventing or mitigating potential accidents. These devices play a crucial role in complying with functional safety standards and regulations in various industries, such as manufacturing, petrochemical, automotive, and energy. Examples of functional safety devices include emergency shutdown systems, safety interlocks, safety PLCs (Programmable Logic Controllers), and safety sensors. These devices are engineered to detect and respond to abnormal conditions or faults, initiating actions that bring the system to a safe state. The goal is to reduce the likelihood of dangerous failures and protect personnel, assets, and the environment. Functional safety devices are integral components in the broader field of functional safety, contributing to the overall safety and reliability of complex industrial processes.
According to DIResearch's in-depth investigation and research, the global Functional Safety Devices market size will reach US$ XX Million in 2024, and is expected to reach US$ XX Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ XX Million, accounting for approximately XX% of the world. It is expected to reach US$ XX Million in 2030, and the global share will reach XX%.
The major global manufacturers of Functional Safety Devices include Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric, GE, TE Connectivity, Omron, SICK, PILZ, HIMA Paul Hildebrandt, Endress+Hauser, Eaton etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of Functional Safety Devices. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Functional Safety Devices market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Functional Safety Devices market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Functional Safety Devices industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy. ? ?
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Functional Safety Devices Include:
Siemens
ABB
Schneider
Honeywell
Rockwell Automation
Mitsubishi Electric
Emerson
Yokogawa Electric
GE
TE Connectivity
Omron
SICK
PILZ
HIMA Paul Hildebrandt
Endress+Hauser
Eaton
Functional Safety Devices Product Segment Include:
Safety Sensors
Safety PLCs
Safety Relays
Safety Valves
Safety Actuators
Safety Switchs
Others
Functional Safety Devices Product Application Include:
Automotive
Rail Transit
Chemical
Oil and Gas
Medical
Power Generation
Elevator and Escalator
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Functional Safety Devices Industry PESTEL Analysis
Chapter 3: Global Functional Safety Devices Industry Porter's Five Forces Analysis
Chapter 4: Global Functional Safety Devices Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Functional Safety Devices Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Functional Safety Devices Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Functional Safety Devices Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Functional Safety Devices Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Functional Safety Devices Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Functional Safety Devices Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Functional Safety Devices Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Functional Safety Devices Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Table of Contents 1 Functional Safety Devices Market Overview 1.1 Product Definition and Statistical Scope 1.2 Functional Safety Devices Product by Type 1.2.1 Global Functional Safety Devices Market Size by Type, 2023 VS 2024 VS 2030 1.2.2 Safety Sensors 1.2.3 Safety PLCs 1.2.4 Safety Relays 1.2.5 Safety Valves 1.2.6 Safety Actuators 1.2.7 Safety Switchs 1.2.8 Others 1.3 Functional Safety Devices Product by Application 1.3.1 Global Functional Safety Devices Market Size by Application, 2023 VS 2024 VS 2030 1.3.2 Automotive 1.3.3 Rail Transit 1.3.4 Chemical 1.3.5 Oil and Gas 1.3.6 Medical 1.3.7 Power Generation 1.3.8 Elevator and Escalator 1.3.9 Others 1.4 Global Functional Safety Devices Market Revenue and Sales Analysis 1.4.1 Global Functional Safety Devices Market Size Analysis (2019-2030) 1.4.2 Global Functional Safety Devices Market Sales Analysis (2019-2030) 1.4.3 Global Functional Safety Devices Market Sales Price Trend Analysis (2019-2030) 1.5 Functional Safety Devices Market Development Status and Trends 1.5.1 Functional Safety Devices Industry Development Status Analysis 1.5.2 Functional Safety Devices Industry Development Trends Analysis 2 Functional Safety Devices Market PESTEL Analysis 2.1 Political Factors Analysis 2.2 Economic Factors Analysis 2.3 Social Factors Analysis 2.4 Technological Factors Analysis 2.5 Environmental Factors Analysis 2.6 Legal Factors Analysis 3 Functional Safety Devices Market Porter's Five Forces Analysis 3.1 Competitive Rivalry 3.2 Threat of New Entrants 3.3 Bargaining Power of Suppliers 3.4 Bargaining Power of Buyers 3.5 Threat of Substitutes 4 Global Functional Safety Devices Market Analysis by Regions 4.1 Functional Safety Devices Overall Market: 2023 VS 2024 VS 2030 4.2 Global Functional Safety Devices Revenue and Forecast Analysis (2019-2030) 4.2.1 Global Functional Safety Devices Revenue and Market Share by Region (2019-2024) 4.2.2 Global Functional Safety Devices Revenue Forecast by Region (2025-2030) 4.3 Global Functional Safety Devices Sales and Forecast Analysis (2019-2030) 4.3.1 Global Functional Safety Devices Sales and Market Share by Region (2019-2024) 4.3.2 Global Functional Safety Devices Sales Forecast by Region (2025-2030) 4.4 Global Functional Safety Devices Sales Price Trend Analysis (2019-2030) 5 Global Functional Safety Devices Market Size by Type and Application 5.1 Global Functional Safety Devices Market Size by Type 5.1.1 Global Functional Safety Devices Revenue and Forecast Analysis by Type (2019-2030) 5.1.2 Global Functional Safety Devices Sales and Forecast Analysis by Type (2019-2030) 5.2 Global Functional Safety Devices Market Size by Application 5.2.1 Global Functional Safety Devices Revenue and Forecast Analysis by Application (2019-2030) 5.2.2 Global Functional Safety Devices Sales and Forecast Analysis by Application (2019-2030) 6 North America 6.1 North America Functional Safety Devices Market Size and Growth Rate Analysis (2019-2030) 6.2 North America Key Manufacturers Analysis 6.3 North America Functional Safety Devices Market Size by Type 6.3.1 North America Functional Safety Devices Sales by Type (2019-2030) 6.3.2 North America Functional Safety Devices Revenue by Type (2019-2030) 6.4 North America Functional Safety Devices Market Size by Application 6.4.1 North America Functional Safety Devices Sales by Application (2019-2030) 6.4.2 North America Functional Safety Devices Revenue by Application (2019-2030) 6.5 North America Functional Safety Devices Market Size by Country 6.5.1 US 6.5.2 Canada 7 Europe 7.1 Europe Functional Safety Devices Market Size and Growth Rate Analysis (2019-2030) 7.2 Europe Key Manufacturers Analysis 7.3 Europe Functional Safety Devices Market Size by Type 7.3.1 Europe Functional Safety Devices Sales by Type (2019-2030) 7.3.2 Europe Functional Safety Devices Revenue by Type (2019-2030) 7.4 Europe Functional Safety Devices Market Size by Application 7.4.1 Europe Functional Safety Devices Sales by Application (2019-2030) 7.4.2 ? Europe Functional Safety Devices Revenue by Application (2019-2030) 7.5 Europe Functional Safety Devices Market Size by Country 7.5.1 Germany 7.5.2 France 7.5.3 United Kingdom 7.5.4 Italy 7.5.5 Spain 7.5.6 Benelux 8 China 8.1 China Functional Safety Devices Market Size and Growth Rate Analysis (2019-2030) 8.2 China Key Manufacturers Analysis 8.3 China Functional Safety Devices Market Size by Type 8.3.1 China Functional Safety Devices Sales by Type (2019-2030) 8.3.2 China Functional Safety Devices Revenue by Type (2019-2030) 8.4 China Functional Safety Devices Market Size by Application 8.4.1 China Functional Safety Devices Sales by Application (2019-2030) 8.4.2 China Functional Safety Devices Revenue by Application (2019-2030) 9 APAC (excl. China) 9.1 APAC (excl. China) Functional Safety Devices Market Size and Growth Rate Analysis (2019-2030) 9.2 APAC (excl. China) Key Manufacturers Analysis 9.3 APAC (excl. China) Functional Safety Devices Market Size by Type 9.3.1 APAC (excl. China) Functional Safety Devices Sales by Type (2019-2030) 9.3.2 APAC (excl. China) Functional Safety Devices Revenue by Type (2019-2030) 9.4 APAC (excl. China) Functional Safety Devices Market Size by Application 9.4.1 APAC (excl. China) Functional Safety Devices Sales by Application (2019-2030) 9.4.2 APAC (excl. China) Functional Safety Devices Revenue by Application (2019-2030) 9.5 APAC (excl. China) Functional Safety Devices Market Size by Country 9.5.1 Japan 9.5.2 South Korea 9.5.3 India 9.5.4 Australia 9.5.5 Indonesia 9.5.6 Vietnam 9.5.7 Malaysia 9.5.8 Thailand 10 Latin America 10.1 Latin America Functional Safety Devices Market Size and Growth Rate Analysis (2019-2030) 10.2 Latin America Key Manufacturers Analysis 10.3 Latin America Functional Safety Devices Market Size by Type 10.3.1 Latin America Functional Safety Devices Sales by Type (2019-2030) 10.3.2 Latin America Functional Safety Devices Revenue by Type (2019-2030) 10.4 Latin America Functional Safety Devices Market Size by Application 10.4.1 Latin America Functional Safety Devices Sales by Application (2019-2030) 10.4.2 Latin America Functional Safety Devices Revenue by Application (2019-2030) 10.5 Latin America Functional Safety Devices Market Size by Country 10.5.1 Mexico 10.5.2 Brazil 11 Middle East & Africa 11.1 Middle East & Africa Functional Safety Devices Market Size and Growth Rate Analysis (2019-2030) 11.2 Middle East & Africa Key Manufacturers Analysis 11.3 Middle East & Africa Functional Safety Devices Market Size by Type 11.3.1 Middle East & Africa Functional Safety Devices Sales by Type (2019-2030) 11.3.2 Middle East & Africa Functional Safety Devices Revenue by Type (2019-2030) 11.4 Middle East & Africa Functional Safety Devices Market Size by Application 11.4.1 Middle East & Africa Functional Safety Devices Sales by Application (2019-2030) 11.4.2 Middle East & Africa Functional Safety Devices Revenue by Application (2019-2030) 11.5 Middle East & Africa Functional Safety Devices Market Size by Country 11.5.1 Saudi Arabia 11.5.2 South Africa 12 Competition by Manufacturers 12.1 Global Functional Safety Devices Market Sales, Revenue and Price by Key Manufacturers (2020-2024) 12.1.1 Global Functional Safety Devices Market Sales by Key Manufacturers (2020-2024) 12.1.2 Global Functional Safety Devices Market Revenue by Key Manufacturers (2020-2024) 12.1.3 Global Functional Safety Devices Average Sales Price by Manufacturers (2020-2024) 12.2 Functional Safety Devices Competitive Landscape Analysis and Market Dynamic 12.2.1 Functional Safety Devices Competitive Landscape Analysis 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales 12.2.3 Market Dynamic 13 Key Companies Analysis 13.1 Siemens 13.1.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.1.2 Siemens Functional Safety Devices Product Portfolio 13.1.3 Siemens Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.2 ABB 13.2.1 ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.2.2 ABB Functional Safety Devices Product Portfolio 13.2.3 ABB Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.3 Schneider 13.3.1 Schneider Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.3.2 Schneider Functional Safety Devices Product Portfolio 13.3.3 Schneider Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.4 Honeywell 13.4.1 Honeywell Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.4.2 Honeywell Functional Safety Devices Product Portfolio 13.4.3 Honeywell Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.5 Rockwell Automation 13.5.1 Rockwell Automation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.5.2 Rockwell Automation Functional Safety Devices Product Portfolio 13.5.3 Rockwell Automation Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.6 Mitsubishi Electric 13.6.1 Mitsubishi Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.6.2 Mitsubishi Electric Functional Safety Devices Product Portfolio 13.6.3 Mitsubishi Electric Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.7 Emerson 13.7.1 Emerson Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.7.2 Emerson Functional Safety Devices Product Portfolio 13.7.3 Emerson Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.8 Yokogawa Electric 13.8.1 Yokogawa Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.8.2 Yokogawa Electric Functional Safety Devices Product Portfolio 13.8.3 Yokogawa Electric Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.9 GE 13.9.1 GE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.9.2 GE Functional Safety Devices Product Portfolio 13.9.3 GE Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.10 TE Connectivity 13.10.1 TE Connectivity Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.10.2 TE Connectivity Functional Safety Devices Product Portfolio 13.10.3 TE Connectivity Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.11 Omron 13.11.1 Omron Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.11.2 Omron Functional Safety Devices Product Portfolio 13.11.3 Omron Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.12 SICK 13.12.1 SICK Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.12.2 SICK Functional Safety Devices Product Portfolio 13.12.3 SICK Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.13 PILZ 13.13.1 PILZ Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.13.2 PILZ Functional Safety Devices Product Portfolio 13.13.3 PILZ Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.14 HIMA Paul Hildebrandt 13.14.1 HIMA Paul Hildebrandt Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.14.2 HIMA Paul Hildebrandt Functional Safety Devices Product Portfolio 13.14.3 HIMA Paul Hildebrandt Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.15 Endress+Hauser 13.15.1 Endress+Hauser Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.15.2 Endress+Hauser Functional Safety Devices Product Portfolio 13.15.3 Endress+Hauser Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.16 Eaton 13.16.1 Eaton Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.16.2 Eaton Functional Safety Devices Product Portfolio 13.16.3 Eaton Functional Safety Devices Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14 Industry Chain Analysis 14.1 Functional Safety Devices Industry Chain Analysis 14.2 Functional Safety Devices Industry Upstream Supply Analysis 14.2.1 Upstream Key Raw Material Supply Analysis 14.2.2 Raw Material Suppliers and Contact Information 14.3 Functional Safety Devices Typical Downstream Customers 14.4 Functional Safety Devices Sales Channel Analysis 15 Research Findings and Conclusion 16 Methodology and Data Source 16.1 Methodology/Research Approach 16.2 Research Scope 16.3 Benchmarks and Assumptions 16.4 Date Source 16.4.1 Primary Sources 16.4.2 Secondary Sources 16.5 Data Cross Validation 16.6 Disclaimer
Publisher: DIResearch
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