Report Detail
Asia Pacific Emergency Shutdown Systems Market to 2027 - Regional Analysis and Forecasts by Component (Switches, Sensors, Programmable Safety Systems, Safety Valves, Actuators, Others); Control Method (Pneumatic, Electrical, Fiber Optic, Hydraulic); End User Industry (Oil & Gas, Refining, Power Generation, Chemical, and Others); and Country
- RnM3926464 |
- 13 March, 2020 |
- Global |
- 151 Pages |
- The Insight Partners |
- Electronics & Semiconductor
The emergency shutdown systems market in Asia-Pacific is expected to grow from US$ 356.4 Mn in 2018 to US$ 723.0 Mn by the year 2027 at a CAGR of 8.3% during the forecast period. Asia-Pacific region consists of many developing countries, which are witnessing a high growth in their manufacturing sector. The region has become a global manufacturing hub with the presence of diverse manufacturing industries. However increase in growth of manufacturing sector is likely to drive the emergency shutdown systems market.
The governments of countries such as India, China, Japan, among others are taking decisions to improve investment ideas. The governments are offering tax-rebates, funds, subsidies and other such supports to attract the manufacturing companies to set-up plants in their respective countries. Further, several governments have taken initiatives such as Made in China 2025 and Make in India to propel the growth of manufacturing sector. However, China, which is the largest manufacturing hub, is experiencing a rise in the country’s labor cost owing to ageing population of the country. However, such initiative is likely to drive the emergency shutdown systems market.
On the basis of end user, the oil & gas segment led the Asia-Pacific emergency shutdown systems market in 2018 with a good market share and is expected to continue its dominance during the forecast period. The Oil & Gas segment led the emergency shutdown system market, by end-user, with good market share in 2018; it is anticipated to continue its dominance during the forecast period, thereby accounting for good share of the emergency shutdown systems market by 2027. It is essential to implement emergency shutdown systems in the oil & gas industry as these systems proactively handle emergencies and help protect humans, industrial plants, and environment. The implementation of the emergency shutdown system in the oil & gas industry delivers a well-organized and efficient approach for safety requirement specifications, hazard identification, and safety system operations, designs, as well as maintenance
The overall Asia-Pacific emergency shutdown systems market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific emergency shutdown systems market. It also provides an overview and forecast for the emergency shutdown systems based on all the segmentation provided with respect to the Asia-Pacific region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the emergency shutdown system industry. Some of the players present in Asia-Pacific emergency shutdown systems market are Siemens AG, ABB Ltd, Honeywell International Inc, among others.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Emergency Shutdown Systems Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 Asia Pacific – PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 4.5 Premium Insight
5. Emergency Shutdown Systems Market – Key Industry Dynamics
- 5.1 Drivers
- 5.1.1 Minimizing the Impact of Emergencies that are Typically Associated With Unregulated Flooding, Hydrocarbon Escape, Or Fire Outbreaks
- 5.1.2 Improvement Of Operations And Safety At Workplaces
- 5.2 Restraints
- 5.2.1 High Total Cost of Ownership for SMEs
- 5.3 Opportunities
- 5.3.1 IoT with Emergency Shutdown System Benefits Company As A Whole
- 5.4 Trends
- 5.4.1 Competitive Advantage with Automated Industrial Control Systems
- 5.5 Impact Analysis of Drivers and Restraints
6. Emergency Shutdown System Market – Asia-Pacific Market Analysis
- 6.1 Asia-Pacific Emergency shutdown system Market Forecast and Analysis
7. Asia-Pacific Emergency Shutdown Systems Market– By Component
- 7.1 Overview
- 7.2 Asia-Pacific Emergency Shutdown Systems Market Breakdown, by Component, 2018 & 2027
- 7.3 Switches
- 7.3.1 Overview
- 7.3.2 Asia-Pacific Emergency Shutdown Systems Market for Switches, Revenue and Forecast to 2027 (US$ Mn)
- 7.4 Sensors
- 7.4.1 Overview
- 7.4.2 Emergency Shutdown Systems Market for Sensors, Revenue and Forecast to 2027 (US$ Mn)
- 7.5 Programmable Safety Systems
- 7.5.1 Overview
- 7.5.2 Asia-Pacific Emergency Shutdown Systems Market for Programmable Safety Systems, Revenue and Forecast to 2027 (US$ Mn)
- 7.6 Safety Valves
- 7.6.1 Overview
- 7.6.2 Asia-Pacific Emergency Shutdown Systems Market for Safety Valves, Revenue and Forecast to 2027 (US$ Mn)
- 7.7 Actuators
- 7.7.1 Overview
- 7.7.2 Asia-Pacific Emergency Shutdown Systems Market for Actuators, Revenue and Forecast to 2027 (US$ Mn)
- 7.8 Other Components
- 7.8.1 Overview
- 7.8.2 Asia-Pacific Emergency Shutdown Systems Market for Other Components, Revenue and Forecast to 2027 (US$ Mn)
8. Asia-Pacific Emergency Shutdown System Market – By Control Method
- 8.1 Overview
- 8.2 Asia-Pacific Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027
- 8.3 Pneumatic
- 8.3.1 Overview
- 8.3.2 Asia-Pacific Emergency Shutdown Systems Market for Pneumatic Control, Revenue and Forecast to 2027 (US$ Mn)
- 8.4 Electrical
- 8.4.1 Overview
- 8.4.2 Asia-Pacific Emergency Shutdown Systems Market for Electrical Control, Revenue and Forecast to 2027 (US$ Mn)
- 8.5 Fibre-optic
- 8.5.1 Overview
- 8.5.2 Asia-Pacific Emergency Shutdown Systems Market for Fiber-optic Control, Revenue and Forecast to 2027 (US$ Mn)
- 8.6 Hydraulic
- 8.6.1 Overview
- 8.6.2 Asia-Pacific Emergency Shutdown Systems Market for Hydraulic Control, Revenue and Forecast to 2027 (US$ Mn)
9. Asia-Pacific Emergency Shutdown System Market – By End-User Industry
- 9.1 Overview
- 9.2 Asia-Pacific Emergency Shutdown System Market Breakdown, by End-User Industry, 2018 and 2027
- 9.3 Oil & Gas
- 9.3.1 Overview
- 9.3.2 Asia-Pacific Emergency Shutdown System Market for Oil & Gas, Revenue and Forecast to 2027 (US$ Mn)
- 9.4 Refining
- 9.4.1 Overview
- 9.4.2 Asia-Pacific Emergency Shutdown System Market for Refining, Revenue and Forecast to 2027 (US$ Mn)
- 9.5 Power Generation
- 9.5.1 Overview
- 9.5.2 Asia-Pacific Emergency Shutdown System Market for Power Generation, Revenue and Forecast to 2027 (US$ Mn)
- 9.6 Chemicals
- 9.6.1 Overview
- 9.6.2 Asia-Pacific Emergency Shutdown System Market for Chemicals, Revenue and Forecast to 2027 (US$ Mn)
- 9.7 Others
- 9.7.1 Overview
- 9.7.2 Asia-Pacific Emergency Shutdown System Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
10. Asia-Pacific Emergency Shutdown Systems Market –Country Analysis
- 10.1 Overview
- 10.1.1 Asia-Pacific Emergency shutdown system Market Breakdown, by Country
- 10.1.1.1 China Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.1.1 China Emergency shutdown system Market Breakdown, by Component
- 10.1.1.1.2 China Emergency shutdown system Market Breakdown, by Control Method
- 10.1.1.1.3 China Emergency shutdown system Market Breakdown, by End-user Industry
- 10.1.1.2 Japan Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.3 Japan Emergency shutdown system Market Breakdown, by Component
- 10.1.1.4 Japan Emergency shutdown system Market Breakdown, by Control Method
- 10.1.1.5 Japan Emergency shutdown system Market Breakdown, by End-user Industry
- 10.1.1.6 India Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.6.1 India Emergency shutdown system Market Breakdown, by Component
- 10.1.1.6.2 India Emergency shutdown system Market Breakdown, by Control Method
- 10.1.1.6.3 India Emergency shutdown system Market Breakdown, by End-user Industry
- 10.1.1.7 South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.7.1 South Korea Emergency shutdown system Market Breakdown, by Component
- 10.1.1.7.2 South Korea Emergency shutdown system Market Breakdown, by Control Method
- 10.1.1.7.3 South Korea Emergency shutdown system Market Breakdown, by End-user Industry
- 10.1.1.8 Australia Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.8.1 Australia Emergency shutdown system Market Breakdown, by Component
- 10.1.1.8.2 Australia Emergency shutdown system Market Breakdown, by Control Method
- 10.1.1.8.3 Australia Emergency shutdown system Market Breakdown, by End-user Industry
- 10.1.1.9 Rest of Asia-Pacific Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
- 10.1.1.9.1 Rest of Asia-Pacific Emergency shutdown system Market Breakdown, by Component
- 10.1.1.9.2 Rest of Asia-Pacific Emergency shutdown system Market Breakdown, by Control Method
- 10.1.1.9.3 Rest of Asia-Pacific Emergency shutdown system Market Breakdown, by End-user Industry
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 11.4 Merger and Acquisition
12. Company Profiles
- 12.1 Siemens AG
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 ABB Ltd.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Emerson Electric Co.
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 General Electric Company
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Honeywell International Inc.
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 National Oilwell Varco, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Cameron International Corporation
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 OMRON Corporation
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Schneider Electric SE
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Yokogawa Electric Corporation
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary
- 10.1.1 Asia-Pacific Emergency shutdown system Market Breakdown, by Country
Summary:
Get latest Market Research Reports on Asia Pacific Emergency Shutdown Systems . Industry analysis & Market Report on Asia Pacific Emergency Shutdown Systems is a syndicated market report, published as Asia Pacific Emergency Shutdown Systems Market to 2027 - Regional Analysis and Forecasts by Component (Switches, Sensors, Programmable Safety Systems, Safety Valves, Actuators, Others); Control Method (Pneumatic, Electrical, Fiber Optic, Hydraulic); End User Industry (Oil & Gas, Refining, Power Generation, Chemical, and Others); and Country. It is complete Research Study and Industry Analysis of Asia Pacific Emergency Shutdown Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
