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An emergency shutdown system (ESD) is a safety-instrumented system that protects a manufacturing plant from explosions or leakages. Industrial emergency shutdown systems are used in the petrochemical and chemical, gas and oil, and other industries as a safety instrument system to protect the manufacturing plant from leakage or explosion. These systems are connected to sensors with PLCs to form a safety loop. The industrial emergency shutdown systems are used to shut down or halt a plant when hazardous situations like uncontrolled flooding, hydrocarbon escape etc. take place.
Scope of the Report:
This report studies the Industrial Emergency Shutdown Systems market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Industrial Emergency Shutdown Systems market by product type and applications/end industries.
The system is used to activate curative output so that hazardous consequences can be alleviated. In any type of process abnormality, the industrial emergency shutdown systems are the ultimate option for protection in the industrial unit.
The global Industrial Emergency Shutdown Systems market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Industrial Emergency Shutdown Systems.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Rockwell Automation
- Schneider Electric
- Yokogawa Electric
- General Electric
- HIMA Paul Hildebrandt
- Johnson Controls
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Safety controllers/modules/relays
- Safety switches
- Logic solver/programmable safety systems
- Emergency stop devices
- Safety sensors
Market Segment by Applications, can be divided into
- Oil and gas
- Chemical and petrochemical
- Water and wastewater
- Pulp and paper