Name: Functional Safety Products Market Size, Share, Industry, Forecast and outlook (2023-2030)
Brand: DataM Intelligence
SKU: 3080
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Functional Safety Products Market Outlook and Size Report 2023-2030

Functional Safety Products Market Size, Share, Industry, Forecast and outlook (2023-2030)

<h2>Global Functional Safety Products Market is Segmented By Product Segment (Safety Switches, Safety Sensor, Functional Safety Controllers, Emergency Stop Devices, Actuators, Camera Systems, Functional Safety Valves, Others), By Offering (Solution, Services), By Industry Segment (Oil &amp; Gas, Chemical, Railways, Pulp &amp; Paper, Automotive, Power Generation, Food &amp; Beverages, Pharmaceutical, Mining, Others), And By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) &ndash; Share, Size, Outlook, and Opportunity Analysis, 2022-2029</h2>

<h2>Functional Safety Products Market Overview</h2>

<blockquote>
<p>180 pages report analyses the Global Functional Safety Products Market size, shares, recent trends, competitive intelligence, and future market outlook.&nbsp;Demand from Oil &amp; Gas, Railways, Automotive, Power Generation, Pharmaceutical, Mining in North America is rising. Competitive rivalry intensifies with Balluff de M&eacute;xico,&nbsp;OMRON Corporation,&nbsp;Karmor Co., Ltd and others operating in the market.</p>
</blockquote>

<p>Functional safety products are sub-parts of installed systems in industries, which primarily aimed to ensure the proper working of the whole system. It also prevents much potential damage from operation or hardware failure that can affect the output. Thus, functional safety products are installed to provide freedom from future potential risks. Moreover, functional safety is also essential for the prevention of life loss across manufacturing facilities. It provides automatic protection functions in facilities through sensing and identifying faults and threats. The functional safety products can also be designed as per the company&rsquo;s custom requirements and accordingly certified to a prescribed safety standard.</p>

<h2>Functional Safety Products Market&nbsp;Scope and Summary</h2>

<table border="1" cellpadding="1" cellspacing="1">
	<tbody>
		<tr>
			<td>
			<p><strong>Metrics</strong></p>
			</td>
			<td>
			<p><strong>Details</strong></p>
			</td>
		</tr>
		<tr>
			<td>
			<p><strong>Market&nbsp;CAGR</strong></p>
			</td>
			<td>
			<p>6.5%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p><strong>Segments Covered</strong></p>
			</td>
			<td>
			<p>By Product Segment,&nbsp;By Offering,&nbsp;By Industry Segment and By Region</p>
			</td>
		</tr>
		<tr>
			<td>
			<p><strong>Report Insights Covered</strong></p>
			</td>
			<td>
			<p>Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.</p>
			</td>
		</tr>
		<tr>
			<td>
			<p><strong>Fastest Growing Region</strong></p>
			</td>
			<td>
			<p>Asia Pacific</p>
			</td>
		</tr>
		<tr>
			<td>
			<p><strong>Largest Market Share&nbsp;</strong></p>
			</td>
			<td>
			<p>North America</p>
			</td>
		</tr>
	</tbody>
</table>

<p>&nbsp;</p>

<p><strong>To Get a Free Sample <a href="https://www.datamintelligence.com/download-sample/functional-safety-products-market">Click here</a></strong></p>

<p>&nbsp;</p>

<h2>Functional Safety Products Market Dynamics and Trends</h2>

<p>The introduction of fiscal policy steps based on regional financial institutions to secure the manufacturing facilities amid the COVID-19 crisis, strict mandates for safety norms for industrial facilities, and surging safety systems demand in the oil &amp; gas industry are major driving factors for the market growth during the forecast period. Also, the increase in industrial revolution 4.0 and the high requirement for reliable safety systems to ensure personnel and asset protection are further expected to open opportunities in the global functional safety products market in the coming years.</p>

<h3><strong><em>Introduction of Favorable Safety Standards and Government Policies</em></strong></h3>

<p>Mandatory safety standards and government policies relating to personnel and systems safety are expected to be the key factors functional safety products market. Growing concern and increasing awareness regarding the individual&rsquo;s safety is another factor fuelling the market growth. Extending several manufacturing facilities in emerging economies such as China, India, Mexico, and South Korea propel the functional safety products market demand. Nevertheless, various industries&#39; increasing implementation of functional safety products is estimated to impact the market positively.</p>

<h3><strong><em>Strengthening of Government Regulations and Safety Standards </em></strong></h3>

<p>Global standard the Work, Health, and Safety (WHS) regulatory frameworks intend upon securing works in terms of their health and safety and the worksite around them. WHS regulatory body works on the working environment maintenance to make it risks free and safe for the employee&#39;s secure access and exit. Also, automation adoption can make the workplace safer by reducing the human input and manual handling of machines. Therefore, the automation investment at the worksites can provide upskilling, organizational development, and advanced safety. Consequently, it is expected that automation will improve the safety standards in manufacturing facilities worldwide. The focus on strengthening government regulations and safety standards will improve the demand and consumption of functional safety products worldwide in the coming years.</p>

<h2>COVID-19 Impact Analysis on&nbsp;Functional Safety Products Market</h2>

<p>The COVID-19 eruption and introduction of lockdown restrictions globally have affected industrial activities around the globe. Some of the lockdown effects include labor shortages, limited raw materials available for use in the manufacturing process, fluctuating prices leading to higher prices of the final product, supply chain disruptions, cross-border transportation issues, and others. ​From the demand perspective, industries, such as the oil &amp; gas and manufacturing industries, are being challenged by the COVID-19 outbreak. Owing to this, the manufacturers have quickly reduced capital spending and essential operations.</p>

<h2>Functional Safety Products Market Segmentation Analysis</h2>

<p>Based on the product, the functional safety products market has been classified into safety switches, safety sensors, actuators, emergency stop devices, functional safety controllers, functional safety valves, camera systems, and others.</p>

<h3><strong><em>The safety switches segment accounted for the highest market share in the global market</em></strong></h3>

<p>The safety switches product segment is expected to dominate the global functional safety products market with the largest market share in 2019, and further, it is expected to lead during the forecast period. Safety switches are kind of electric switches designed to function to disconnect a service entrance and enable fault protection for heavy machinery in the manufacturing facilities. The actuator segment was the second-largest functional safety products market in 2019. Actuators convert energy into motion and use install forced to perform various mechanical operations to secure the worksites.</p>

<p>Based on the industry, the functional safety products market has been classified into oil &amp; gas, railways, pulp and paper, chemical, automotive, food &amp; beverages, power generation, mining, pharmaceutical, and others.</p>

<h3><strong><em>The food &amp; beverage segment dominated the global functional safety products market in 2019</em></strong></h3>

<p>The food &amp; beverages application segment is expected to grow at the highest CAGR during the forecast period. The food &amp; beverages application strives to achieve consistent production and high quality at a little cost. This can be achieved by forming food &amp; beverage production facilities more flexible, safe, and profitable by choosing an integrated approach of automated safety control systems such as functional safety products. Nowadays, food &amp; beverage manufacturers are relying more on automated controls for production to reduce the accidents risks and perform safe efficient operations.</p>

<h2>Functional Safety Products Market Geographical Analysis</h2>

<p>Based on geography,&nbsp;the study analyzes the functional safety products market in the global market, including North America, Europe, Asia-Pacific, South America, and the Middle East &amp; Africa.</p>

<h3><strong><em>North America leads the global market throughout the forecast period</em></strong></h3>

<p>North America accounted for the largest market share in terms of value globally in 2019, followed by Europe and the Asia Pacific. The North American market&#39;s growth is primarily leading due to strict government regulations and standards related to safety and security for workers and manufacturing facilities. The regional authorities are focused on minimizing the risk of accidents across the plants.</p>

<p>Although, the Asia Pacific is expected to grow at the highest CAGR in the functional safety products market throughout the forecast period. The rapid growth in industrialization and direct government bodies to increase awareness for adopting safety products in the facilities. The growing number of power projects to encounter the rising electricity demand is expected to boost the implementation of functional safety products demand in the region in the coming years.</p>

<h2>Functional Safety Products Market Companies and Competitive Landscape</h2>

<p>The functional safety products market is highly competitive, owing to the presence of big food brands. The key functional safety products players which are contributing to the growth of the global market include Yokogawa Electric Corporation, Endress+Hauser Management AG, Siemens, Mangan Software Solutions, ABB, OMRON Corporation, Honeywell International, Inc., Balluff de M&eacute;xico, Rockwell Automation, Inc., SICK AG, Karmor Co., Ltd., ANBU SAFETY, Baymro Safety China, Xi&#39;an PPE PLUS, and Shandong hai hui environmental protection equipment co., LTD, among others. The major players are adopting new product launch and expansion strategies for global growth in the functional safety products market. &nbsp;&nbsp;</p>

<h3><strong><em>Yokogawa Electric Corporation</em></strong></h3>

<p><strong><em>Overview</em></strong>: Yokogawa Electric Corp. engages in the provision of industrial automation, test, and measurement solutions. It operates through the following segments: control, measurement, and navigation and other businesses. The control segment manufactures and sells programmable controllers, industrial recorders, flow meters, differential actuators, and process analyzers. The measurement segment offers waveform measuring instruments, optical communication-related measuring equipment, signal generators, confocal scanners as well as power, temperature, and pressure measuring devices. The navigation and other businesses segment produce cockpit flat panel displays, aircraft engine meters, gyrocompass, autopilot, weather observation systems, and hydrological instruments. The company was founded in 1915 and is headquartered in Tokyo, Japan.</p>

<p><strong><em>Product Portfolio: </em></strong>The company&#39;s portfolio comprises flow meters, differential pressure/actuators, control systems, gyrocompasses &amp; autopilot systems, engine meter, process analyzers, cockpit flat-panel displays, programmable controllers, waveform measuring instruments, electric voltage, current, and power measuring instruments, LCD drivers, signal generators, confocal scanners, and optical communication measuring instruments.</p>

<h2>Why Purchase the Report?</h2>

<ul>
	<li>Visualize the functional safety products market segmentation composition by-product, offering, industry, and region, highlighting the critical commercial assets and players.</li>
	<li>Identify commercial opportunities in the functional safety products market by analyzing trends and co-development deals.</li>
	<li>Excel data sheet with thousands of data points of functional safety products market - level 3 segmentation.</li>
	<li>PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.</li>
	<li>Product mapping in excel for the key product of all major market players</li>
</ul>

<p><strong><em>The global functional safety products market report would provide access to an approx. 69 market data tables, 69 figures, and 180&nbsp;pages. </em></strong></p>

<h2>Target Audience</h2>

<ul>
	<li>Service Providers/ Buyers</li>
	<li>Industry Investors/Investment Bankers</li>
	<li>Education &amp; Research Institutes</li>
	<li>Research Professionals</li>
	<li>Emerging Companies</li>
	<li>Manufacturers</li>
</ul>

<p>&nbsp;</p>

<h2>Frequently Asked Questions</h2>

<p><strong>What is the Functional Safety Products Market growth?</strong></p>

<p>The market is growing at a CAGR of 6.5%.</p>

<p><strong>What is Functional Safety Products Market size in 2021</strong></p>

<p>The<strong>&nbsp;</strong>Functional Safety Products Market<strong>&nbsp;</strong>size was valued at USD YY&nbsp;million in 2021.</p>

<p><strong>Who are the key players in Functional Safety Products Market?</strong></p>

<p>Major players are Yokogawa Electric Corporation, Endress+Hauser Management AG, Siemens, Mangan Software Solutions, ABB, OMRON Corporation.</p>

<p>&nbsp;</p>

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<p>&nbsp;</p>

<h2 style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Table of Contents</h2>

<ol>
	<li>
	<h3>Methodology and Scope</h3>

	<ol>
		<li>Research Methodology</li>
		<li>Research Objective and Scope of the Report</li>
	</ol>
	</li>
	<li>
	<h3>Market Definition and Overview</h3>
	</li>
	<li>
	<h3>Executive Summary</h3>

	<ol>
		<li>Market Snippet by Product</li>
		<li>Market Snippet by Offering</li>
		<li>Market Snippet by Industry</li>
		<li>Market Snippet by Region</li>
	</ol>
	</li>
	<li>
	<h3>Market Dynamics</h3>

	<ol>
		<li>Market Impacting Factors
		<ol>
			<li>Drivers
			<ol>
				<li>Introduction of fiscal policy steps</li>
				<li>Strict mandates for safety norms for industrial facilities</li>
				<li>Surging safety systems demand in the oil &amp; gas industry</li>
				<li>Increase in industrial revolution 4.0</li>
				<li>High requirement for reliable safety systems to ensure personnel and asset protection</li>
				<li>Introduction of Favorable Safety Standards and Government Policies</li>
				<li>Strengthening of Government Regulations and Safety Standards</li>
			</ol>
			</li>
			<li>Restraints:
			<ol>
				<li>Raw material fluctuating pricing</li>
			</ol>
			</li>
			<li>Opportunity</li>
			<li>Impact Analysis</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>
	<h3>Industry Analysis</h3>

	<ol>
		<li>Porter&#39;s Five Forces Analysis</li>
		<li>Supply Chain Analysis</li>
		<li>Value Chain Analysis</li>
		<li>PEST Analysis</li>
		<li>Pricing Analysis</li>
		<li>Regulatory Analysis</li>
		<li>Reimbursement Analysis</li>
		<li>Unmet Needs</li>
		<li>Patent Trends</li>
	</ol>
	</li>
	<li>
	<h3>COVID-19 Analysis</h3>

	<ol>
		<li>Analysis of Covid-19 on the Market
		<ol>
			<li>Before COVID-19 Market Scenario</li>
			<li>Present COVID-19 Market Scenario</li>
			<li>After COVID-19 or Future Scenario</li>
		</ol>
		</li>
		<li>Pricing Dynamics Amid Covid-19</li>
		<li>Demand-Supply Spectrum</li>
		<li>Government Initiatives Related to the Market During Pandemic</li>
		<li>Manufacturers Strategic Initiatives</li>
		<li>Conclusion&nbsp;</li>
	</ol>
	</li>
	<li>
	<h3>By Product</h3>

	<ol>
		<li>Introduction</li>
		<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Segment</li>
		<li>Market Attractiveness Index, By Product Segment
		<ol>
			<li>Safety Switches*
			<ol>
				<li>Introduction</li>
				<li>Market Size Analysis, and Y-o-Y Growth Analysis (%)</li>
			</ol>
			</li>
			<li>Safety Sensor</li>
			<li>Functional Safety Controllers</li>
			<li>Emergency Stop Devices</li>
			<li>Actuators</li>
			<li>Camera Systems</li>
			<li>Functional Safety Valves</li>
			<li>Others</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>
	<h3>By Offering</h3>

	<ol>
		<li>Introduction</li>
		<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Offering Segment</li>
		<li>Market Attractiveness Index, By Offering Segment
		<ol>
			<li>Solution*
			<ol>
				<li>Introduction</li>
				<li>Market Size Analysis, and Y-o-Y Growth Analysis (%)</li>
				<li>Turbomachinery Control</li>
				<li>Fire &amp; Gas Monitoring Control</li>
				<li>Burner Management System</li>
				<li>Emergency Shutdown Systems</li>
				<li>High-Integrity Pressure Protection Systems</li>
				<li>Distributed Control System</li>
				<li>Supervisory Control and Data Acquisition Systems</li>
				<li>Others</li>
			</ol>
			</li>
			<li>Services
			<ol>
				<li>Consulting &amp; Design</li>
				<li>Verification &amp; Optimization</li>
				<li>Training &amp; Education</li>
			</ol>
			</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>
	<h3>By Industry</h3>

	<ol>
		<li>Introduction</li>
		<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry Segment</li>
		<li>Market Attractiveness Index, By Industry Segment
		<ol>
			<li>Oil &amp; Gas*
			<ol>
				<li>Introduction</li>
				<li>Market Size Analysis, and Y-o-Y Growth Analysis (%)</li>
			</ol>
			</li>
			<li>Chemical</li>
			<li>Railways</li>
			<li>Pulp &amp; Paper</li>
			<li>Automotive</li>
			<li>Power Generation</li>
			<li>Food &amp; Beverages</li>
			<li>Pharmaceutical</li>
			<li>Mining</li>
			<li>Others</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>
	<h3>By Region</h3>

	<ol>
		<li>Introduction</li>
		<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region</li>
		<li>Market Attractiveness Index, By Region</li>
		<li>North America
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Offering</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>U.S.</li>
				<li>Canada</li>
				<li>Mexico</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>Europe
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Offering</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>Germany</li>
				<li>U.K.</li>
				<li>France</li>
				<li>Italy</li>
				<li>Spain</li>
				<li>Rest of Europe</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>South America
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Offering</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>Brazil</li>
				<li>Argentina</li>
				<li>Rest of South America</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>Asia Pacific
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Offering</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>China</li>
				<li>India</li>
				<li>Japan</li>
				<li>Australia</li>
				<li>Rest of Asia Pacific</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>Middle East and Africa
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Offering</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry</li>
			<li>Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>
	<h3>Competitive Landscape</h3>

	<ol>
		<li>Competitive Scenario</li>
		<li>Market Positioning/Share Analysis</li>
		<li>Mergers and Acquisitions Analysis</li>
	</ol>
	</li>
	<li>
	<h3>Company Profiles</h3>

	<ol>
		<li>Yokogawa Electric Corporation*
		<ol>
			<li>Company Overview</li>
			<li>Product Portfolio and Description</li>
			<li>Key Highlights</li>
			<li>Financial Overview</li>
		</ol>
		</li>
		<li>Siemens</li>
		<li>Endress+Hauser Management AG</li>
		<li>Mangan Software Solutions</li>
		<li>Balluff de M&eacute;xico</li>
		<li>ABB</li>
		<li>OMRON Corporation</li>
		<li>Honeywell International, Inc.</li>
		<li>Rockwell Automation, Inc.</li>
		<li>SICK AG</li>
		<li>ANBU SAFETY</li>
		<li>Karmor Co., Ltd.</li>
		<li>Baymro Safety China</li>
		<li>Shandong hai hui environmental protection equipment co., LTD.</li>
		<li>XI&rsquo;AN PPE PLUS (List Not Exhaustive)</li>
	</ol>
	</li>
	<li>
	<h3>Premium Insights</h3>
	</li>
	<li>
	<h3>DataM Intelligence</h3>

	<ol>
		<li>Appendix</li>
		<li>About Us and Services</li>
		<li>Contact Us</li>
	</ol>
	</li>
</ol>


<p>&nbsp;</p>

<h2 style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">List of Tables &amp; Figures</h2>

<p><strong>List of Tables&nbsp;</strong><br />
Table 1 Global Functional Safety Products Market Value, By Product, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 2 Global Functional Safety Products Market Value, By Offering, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 3 Global Functional Safety Products Market Value, By Industry, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 4 Global Functional Safety Products Market Value, By Region, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 5 North America Functional Safety Products Market Value, By Product, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 6 North America Functional Safety Products Market Value, By Offering, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 7 North America Functional Safety Products Market Value, By Industry, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 8 North America Functional Safety Products Market Value, By Country, 2018-2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 9 South America Functional Safety Products Market Value, By Product, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 10 South America Functional Safety Products Market Value, By Offering, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 11 South America Functional Safety Products Market Value, By Industry, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 12 South America Functional Safety Products Market Value, By Country, 2018-2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 13 Europe Functional Safety Products Market Value, By Product, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 14 Europe Functional Safety Products Market Value, By Offering, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 15 Europe Functional Safety Products Market Value, By Industry, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 16 Europe Functional Safety Products Market Value, By Country, 2018-2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 17 Asia Pacific Functional Safety Products Market Value, By Product, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 18 Asia Pacific Functional Safety Products Market Value, By Offering, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 19 Asia Pacific Functional Safety Products Market Value, By Industry, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 20 Asia Pacific Functional Safety Products Market Value, By Country, 2021, 2025 &amp; 2029 (US$ Million)<br />
Table 21 The Middle East &amp; Africa Functional Safety Products Market Value, By Product, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 22 The Middle East &amp; Africa Functional Safety Products Market Value, By Offering, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 23 The Middle East &amp; Africa Functional Safety Products Market Value, By Industry, 2021, 2025 &amp; 2029 (US$ Million)&nbsp;&nbsp; &nbsp;<br />
Table 24 The Middle East &amp; Africa Functional Safety Products Market Value, By Country, 2021, 2025 &amp; 2029 (US$ Million)<br />
Table 25 Yokogawa Electric Corporation: Overview&nbsp;&nbsp; &nbsp;<br />
Table 26 Yokogawa Electric Corporation: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 27 Yokogawa Electric Corporation: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 28 Siemens: Overview&nbsp;&nbsp; &nbsp;<br />
Table 29 Siemens: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 30 Siemens: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 31 Endress+Hauser Management AG: Overview&nbsp;&nbsp; &nbsp;<br />
Table 32 Endress+Hauser Management AG: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 33 Endress+Hauser Management AG: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 34 Mangan Software Solutions Overview&nbsp;&nbsp; &nbsp;<br />
Table 35 Mangan Software Solutions: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 36 Mangan Software Solutions: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 37 Balluff de M&eacute;xico: Overview&nbsp;&nbsp; &nbsp;<br />
Table 38 Balluff de M&eacute;xico: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 39 Balluff de M&eacute;xico: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 40 ABB: Overview&nbsp;&nbsp; &nbsp;<br />
Table 41 ABB: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 42 ABB: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 43 OMRON Corporation: Overview&nbsp;&nbsp; &nbsp;<br />
Table 44 OMRON Corporation: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 45 OMRON Corporation: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 46 Honeywell International, Inc.: Overview&nbsp;&nbsp; &nbsp;<br />
Table 47 Honeywell International, Inc.: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 48 Honeywell International, Inc.: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 49 Rockwell Automation, Inc.: Overview&nbsp;&nbsp; &nbsp;<br />
Table 50 Rockwell Automation, Inc.: Product Portfolio&nbsp;&nbsp; &nbsp;<br />
Table 51 Rockwell Automation, Inc.: Key Developments&nbsp;&nbsp; &nbsp;<br />
Table 52 SICK AG: Overview&nbsp;&nbsp; &nbsp;<br />
Table 53 SICK AG: Product Portfolio<br />
Table 54 SICK AG: Key Developments<br />
Table 55 ANBU SAFETY: Overview&nbsp;&nbsp; &nbsp;<br />
Table 56 ANBU SAFETY: Product Portfolio<br />
Table 57 ANBU SAFETY: Key Developments<br />
Table 58 Karmor Co., Ltd.: Overview&nbsp;&nbsp; &nbsp;<br />
Table 59 Karmor Co., Ltd.: Product Portfolio<br />
Table 60 Karmor Co., Ltd.: Key Developments<br />
Table 61 Baymro Safety China: Overview&nbsp;&nbsp; &nbsp;<br />
Table 62 Baymro Safety China: Product Portfolio<br />
Table 63 Baymro Safety China: Key Developments<br />
Table 64 XI&rsquo;AN PPE PLUS: Overview&nbsp;&nbsp; &nbsp;<br />
Table 65 XI&rsquo;AN PPE PLUS: Product Portfolio<br />
Table 66 XI&rsquo;AN PPE PLUS: Key Developments<br />
Table 67 Shandong hai hui environmental protection equipment co., LTD.: Overview&nbsp;&nbsp; &nbsp;<br />
Table 68 Shandong hai hui environmental protection equipment co., LTD.: Product Portfolio<br />
Table 69 Shandong hai hui environmental protection equipment co., LTD.: Key Developments</p>

<p><strong>List of Figures</strong><br />
Figure 1 Global Functional Safety Products Market Share, By Product, 2021 &amp; 2029 (%)<br />
Figure 2 Global Functional Safety Products Market Share, By Offering, 2021 &amp; 2029 (%)<br />
Figure 3 Global Functional Safety Products Market Share, By Industry, 2021 &amp; 2029 (%)<br />
Figure 4 Global Functional Safety Products Market Share, By Region, 2021 &amp; 2029 (%)<br />
Figure 5 Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 6 Global Functional Safety Products Market Y-o-Y Growth, By Product, 2021-2029 (%)<br />
Figure 7 Safety Switches: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 8 Safety Sensor: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 9 Functional Safety Controllers: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 10 Emergency Stop Devices: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 11 Actuators: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 12 Camera Systems: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 13 Functional Safety Valves: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 14 Others: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 15 Global Functional Safety Products Market Y-o-Y Growth, By Offering, 2021-2029 (%)<br />
Figure 16 Solution: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 17 Services: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 18 Global Functional Safety Products Market Y-o-Y Growth, By Industry, 2021-2029 (%)<br />
Figure 19 Oil &amp; Gas: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 20 Chemical: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 21 Pulp &amp; Paper: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 22 Railways: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 23 Automotive: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 24 Power Generation: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 25 Food &amp; Beverages: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 26 Pharmaceutical: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 27 Mining: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 28 Others: Global Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 29 Global Functional Safety Products Market Y-o-Y Growth, By Region, 2021-2029 (%)<br />
Figure 30 North America Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 31 North America Functional Safety Products Market Share, By Product, 2021 &amp; 2029 (%)<br />
Figure 32 North America Functional Safety Products Market Share, By Offering, 2021 &amp; 2029 (%)<br />
Figure 33 North America Functional Safety Products Market Share, By Industry, 2021 &amp; 2029 (%)<br />
Figure 34 North America Functional Safety Products Market Share, By Country, 2021 &amp; 2029 (%)<br />
Figure 35 South America Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 36 South America Functional Safety Products Market Share, By Product, 2021 &amp; 2029 (%)<br />
Figure 37 South America Functional Safety Products Market Share, By Offering, 2021 &amp; 2029 (%)<br />
Figure 38 South America Functional Safety Products Market Share, By Industry, 2021 &amp; 2029 (%)<br />
Figure 39 South America Functional Safety Products Market Share, By Country, 2021 &amp; 2029 (%)<br />
Figure 40 Europe Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 41 Europe Functional Safety Products Market Share, By Product, 2021 &amp; 2029 (%)<br />
Figure 42 Europe Functional Safety Products Market Share, By Offering, 2021 &amp; 2029 (%)<br />
Figure 43 Europe Functional Safety Products Market Share, By Industry, 2021 &amp; 2029 (%)<br />
Figure 44 Europe Functional Safety Products Market Share, By Country, 2021 &amp; 2029 (%)<br />
Figure 45 Asia-Pacific Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 46 Asia-Pacific Functional Safety Products Market Share, By Product, 2021 &amp; 2029 (%)<br />
Figure 47 Asia-Pacific Functional Safety Products Market Share, By Offering, 2021 &amp; 2029 (%)<br />
Figure 48 Asia-Pacific Functional Safety Products Market Share, By Industry, 2021 &amp; 2029 (%)<br />
Figure 49 Asia-Pacific Functional Safety Products Market Share, By Country, 2021 &amp; 2029 (%)<br />
Figure 50 The Middle East &amp; Africa Functional Safety Products Market Value, 2018-2029 (US$ Million)<br />
Figure 51 The Middle East &amp; Africa Functional Safety Products Market Share, By Product, 2021 &amp; 2029 (%)<br />
Figure 52 The Middle East &amp; Africa Functional Safety Products Market Share, By Offering, 2021 &amp; 2029 (%)<br />
Figure 53 The Middle East &amp; Africa Functional Safety Products Market Share, By Industry, 2021 &amp; 2029 (%)<br />
Figure 54 The Middle East &amp; Africa Functional Safety Products Market Share, By Country, 2021 &amp; 2029 (%)<br />
Figure 55 Yokogawa Electric Corporation: Financials<br />
Figure 56 Siemens: Financials<br />
Figure 57 Endress+Hauser Management AG: Financials<br />
Figure 58 Mangan Software Solutions: Financials<br />
Figure 59 Balluff de M&eacute;xico: Financials<br />
Figure 60 ABB: Financials<br />
Figure 61 OMRON Corporation: Financials<br />
Figure 62 Honeywell International, Inc.: Financials<br />
Figure 63 Rockwell Automation, Inc.: Financials<br />
Figure 64 SICK AG: Financials<br />
Figure 65 ANBU SAFETY: Financials<br />
Figure 66 Karmor Co., Ltd.: Financials<br />
Figure 67 Baymro Safety China: Financials<br />
Figure 68 XI&rsquo;AN PPE PLUS: Financials<br />
Figure 69 Shandong hai hui environmental protection equipment co., LTD.: Financials</p>

<p><br />
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