Process Safety Systems

Publish Date

The Process Safety Systems Market Research study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and a select group of countries.

2017 Brings Optimism for Global Process Safety Systems Growth

2017 has brought cautious optimism to the global process safety systems market, with order activity up over 2016.  Many of the oil companies have now accepted the ‘new norm’, with oil prices expected to continue hovering in the $50-$60/barrel range for the foreseeable future, and have begun releasing capital funding.  An uptick in MRO activity and smaller scale projects are further leading the global process safety market out of this most recent recession.

The Chinese process safety system market has entered a recovery mode after declining by double digits in 2016.  Under its “Made in China 2025” strategy, the Chinese government has provided subsidies to encourage domestic manufacturers to invest in smart manufacturing projects.  ARC remains cautiously optimistic for growth from the Chinese market in 2017 and beyond.

Safety Systems Market TrendsAs CEOs are increasingly held accountable for the safety lapses of major multinational companies, they are becoming more willing to invest and improve the safety and reliability of their plants.  This increasing willingness to invest in improving safety and reliability will help drive growth through the forecast period. 

Cybersecurity is gaining an increasing focus in the process safety systems market.  As the number of reported intrusions into critical infrastructure continues to rise, and more members of upper management are held accountable for these intrusions, the focus on cybersecurity has increased, which provides opportunities for suppliers that take on the challenge of minimizing cybersecurity threats in their safety systems.   

Process Safety Systems Strategic Issues

Both automation suppliers and end users strive to get more value from their process safety systems.  Some key strategic issues covered in the study include:

  • Penetrate the life science industry
  • Develop packaged solutions
  • Develop robust migration solutions that reduce the recertification effort
  • Offer certified safe sensors with integrated safety processor communications
  • Integrate security with safety
  • Follow ISA guidelines for fire and gas monitoring applications

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Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:  

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
China No Yes
India No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Industry Trends
  • Regional Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers of Process Safety Systems
  • Market Shares by Region
    • North America
    • Europe, Middle East, & Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Hardware
    • Software
    • Services
  • Market Shares by Service Type
  • Market Shares by Industry
    • Chemical
    • Electric Power Generation
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Refining
  • Market Shares by Application
    • Emergency Shutdown
    • Fire & Gas Monitoring
    • Critical Process Control
    • Burner Management
    • Turbomachinery Control
  • Market Shares by Safety Integrity Level
    • SIL-2
    • SIL-3
  • Market Shares by Project Type
    • New Construction
    • Replacement
    • Upgrade/Expansion
  • Market Shares by Sales Channel

Market Forecasts and Histories

  • Total Process Safety Systems Business
  • Shipments by Region
    • North America
    • Europe, Middle East, & Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by Service Type
  • Shipments by Industry
    • Chemical
    • Electric Power Generation
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Refining
  • Shipments by Safety Integrity Level
    • SIL-2
    • SIL-3
  • Shipments by Application
    • Emergency Shutdown
    • Fire & Gas Monitoring
    • Critical Process Control
    • Burner Management
    • Turbomachinery Control
  • Shipments by Project Type
    • New Construction
    • Replacement
    • Upgrade/Expansion
  • Shipments by Sales Channel

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market History & Forecast Analysis 

  • Market History & Forecast by Country
  • Market History & Forecast by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

Country Research Focus Areas

Executive Overview

Scope

Market Share Analysis

  • Leading Suppliers in Country
  • Leading Suppliers by Industry

Market Forecast Analysis 

  • Total Market Forecast
  • Market Forecast by Industry

Industry Participants

Brochure for China

Brochure for India