Report overview
Safety instrumented system (SIS) is a system designed to monitor dangerous conditions in a plant (operation unit) and take action in the event of a dangerous condition or a condition where if no action is taken it will cause danger.
This report aims to provide a comprehensive presentation of the global market for Safety Instrumented System (SIS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Safety Instrumented System (SIS). This report contains market size and forecasts of Safety Instrumented System (SIS) in global, including the following market information:
Global Safety Instrumented System (SIS) Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Safety Instrumented System (SIS) Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Safety Instrumented System (SIS) companies in 2022 (%)
The global Safety Instrumented System (SIS) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Sensor Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Safety Instrumented System (SIS) include Yokogawa, Emerson, INTECH Process Automation, Schneider Electrics, ABB, Honeywell, Siemens and Rockwell, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Safety Instrumented System (SIS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Safety Instrumented System (SIS) Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Safety Instrumented System (SIS) Market Segment Percentages, by Type, 2022 (%)
Sensor
Logic Solver
Final Element
Global Safety Instrumented System (SIS) Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Safety Instrumented System (SIS) Market Segment Percentages, by Application, 2022 (%)
Oil & Gas
Chemical Industry
Nuclear
Power Industry
Others
Global Safety Instrumented System (SIS) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Safety Instrumented System (SIS) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Safety Instrumented System (SIS) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Safety Instrumented System (SIS) revenues share in global market, 2022 (%)
Key companies Safety Instrumented System (SIS) sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Safety Instrumented System (SIS) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yokogawa
Emerson
INTECH Process Automation
Schneider Electrics
ABB
Honeywell
Siemens
Rockwell
Outline of Major Chapters:
Chapter 1: Introduces the definition of Safety Instrumented System (SIS), market overview.
Chapter 2: Global Safety Instrumented System (SIS) market size in revenue and volume.
Chapter 3: Detailed analysis of Safety Instrumented System (SIS) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Safety Instrumented System (SIS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Safety Instrumented System (SIS) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
