For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
In this report, Asia-Pacific Functional Safety Devices market will reach 2337.04 Million USD by the end of 2022 with a CAGR of 8.46%
Asia-Pacific Functional Safety Devices market was valued at 1557.43 Million USD in 2017 and will reach 2337.04 Million USD by the end of 2022, growing at a CAGR of 8.46% during 2017-2022.
Functional safety device is part of the overall safety of a system or piece of equipment and generally focuses on electronics and related software. It looks at aspects of safety that relate to the function of a device and ensures that it works correctly in response to commands it receives. In a systemic approach Functional safety identifies potentially dangerous conditions, situations or events that could result in an accident that could harm somebody or destroy something. It enables corrective or preventive actions to avoid or reduce the impact of an accident.
Functional Safety Devices can be divided into five categories: Safety Sensors type, Safety PLCs type, Safety Relays type, Valves type and Actuator type. Safety Sensors type accounted for the highest proportion in sales market, with a figure of 28.40% in 2017, followed by Safety Relays type, account for 25.16% and Valves type account for 18.23%.
The sales market share of Asia-Pacific Functional Safety Devices in Automotive use, Transportation use, Medical use, Manufacturing use, Power Generation use and other applications have been stable year by year, at 12.32%, 8.95%, 7.79%, 30.09%, 32.78% and 8.06% respectively in 2017.
XYZ research center data shows that China is the biggest contributor country to the Functional Safety Devices revenue market, accounted for 27.88% of the total Asia-Pacific market with a revenue of 434.28 million USD in 2017, followed by Japan, 16.23% with a revenue of 252.78 million USD.
Siemens is the largest company in the Asia-Pacific Functional Safety Devices market, accounted for 22.00% of the revenue market share in 2017, followed by ABB and Honeywell, accounted for 17.56% and 12.62% of the revenue market share in 2017.
The average price of Functional Safety Devices was gently higher year by year from 768.16 USD/Unit in 2012 to 810.02 USD/Unit in 2017. The gross margin is relatively high, about 33.88% in 2017, and was also descends in recent years. In the next few years, we predict that price will continue to slowly increasing. As competition intensifies, prices gap between different brands will go narrowing.
Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Functional Safety Devices for these regions, from 2014 to 2026 (forecast), including
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
-
Asia-Pacific Functional Safety Devices market competition by top manufacturers/players, with Functional Safety Devices sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
- Siemens
- ABB
- Honeywell
- General Electric
- Schneider
- TE Connectivity
- Emerson Electric
- Yokogawa
- Rockwell Automation
- Omron
- SICK
- PILZ
- HIMA Paul Hildebrandt
On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into
- Safety Sensors
- Safety PLCs
- Safety Relays
- Valves
- Actuator
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Functional Safety Devices for each application, including
- Automotive
- Transportation
- Medical
- Manufacturing
- Power Generation
- Others
If you have any special requirements, please let us know and we will offer you the report as you want.