ARC Advisory Group has just completed fresh market analysis and associated research on the worldwide market for process safety systems. This ARC market research explores current and historical market performance and related technology and business trends, identifies leading suppliers, and provides five-year global forecasts for the process safety systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis; five-year market forecasts by region, industry, hardware, software and services, sales channels, application, and more. A segmentation for new projects versus modernization and expansion projects is also included.
This year’s report also includes a comprehensive discussion on current qualitative trends in the evolution of the process safety system. This includes the impact of the increasing global acceptance, implementation, and enforcement of safety standards and the potential impact of recent initiatives to hold CEOs more accountable for safety lapses in their companies.
Mark Sen Gupta, Research Director, ARC Advisory Group and principal author of ARC’s Process Safety Systems Global Market Research Study says, “Increasing regulatory pressure, standards compliance, and media activity are all combining to drive end users to make increased investment in process safety. For example, the Japanese government is putting increasing pressure on end users to meet safety regulations. Similarly, with the Tianjin incident fresh in their minds, China is also expected to mandate greater safety compliance.”
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
Market Intelligence Workbook (Excel) - personalized spreadsheet includes four years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data and Studies section.