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Global Functional Safety Device Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Functional Safety Device Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Safety Sensors
    • 1.3.3 Safety PLCs
    • 1.3.4 Safety Relays
    • 1.3.5 Safety Valve
    • 1.3.6 Safe Actuator
    • 1.3.7 Safety Switches
    • 1.3.8 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Functional Safety Device Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Automobile
    • 1.4.3 Rail Transit
    • 1.4.4 Chemical Engineering
    • 1.4.5 Oil and Gas
    • 1.4.6 Medical
    • 1.4.7 Electric Power
    • 1.4.8 Elevator Escalator
    • 1.4.9 Others
  • 1.5 Global Functional Safety Device Market Size & Forecast
    • 1.5.1 Global Functional Safety Device Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Functional Safety Device Sales Quantity (2019-2030)
    • 1.5.3 Global Functional Safety Device Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Siemens
    • 2.1.1 Siemens Details
    • 2.1.2 Siemens Major Business
    • 2.1.3 Siemens Functional Safety Device Product and Services
    • 2.1.4 Siemens Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Siemens Recent Developments/Updates
  • 2.2 ABB
    • 2.2.1 ABB Details
    • 2.2.2 ABB Major Business
    • 2.2.3 ABB Functional Safety Device Product and Services
    • 2.2.4 ABB Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 ABB Recent Developments/Updates
  • 2.3 Schneider
    • 2.3.1 Schneider Details
    • 2.3.2 Schneider Major Business
    • 2.3.3 Schneider Functional Safety Device Product and Services
    • 2.3.4 Schneider Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Schneider Recent Developments/Updates
  • 2.4 Honeywell
    • 2.4.1 Honeywell Details
    • 2.4.2 Honeywell Major Business
    • 2.4.3 Honeywell Functional Safety Device Product and Services
    • 2.4.4 Honeywell Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Honeywell Recent Developments/Updates
  • 2.5 Rockwell Automation
    • 2.5.1 Rockwell Automation Details
    • 2.5.2 Rockwell Automation Major Business
    • 2.5.3 Rockwell Automation Functional Safety Device Product and Services
    • 2.5.4 Rockwell Automation Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Rockwell Automation Recent Developments/Updates
  • 2.6 Mitsubishi Electric
    • 2.6.1 Mitsubishi Electric Details
    • 2.6.2 Mitsubishi Electric Major Business
    • 2.6.3 Mitsubishi Electric Functional Safety Device Product and Services
    • 2.6.4 Mitsubishi Electric Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Mitsubishi Electric Recent Developments/Updates
  • 2.7 Emerson
    • 2.7.1 Emerson Details
    • 2.7.2 Emerson Major Business
    • 2.7.3 Emerson Functional Safety Device Product and Services
    • 2.7.4 Emerson Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Emerson Recent Developments/Updates
  • 2.8 Yokogawa Electric
    • 2.8.1 Yokogawa Electric Details
    • 2.8.2 Yokogawa Electric Major Business
    • 2.8.3 Yokogawa Electric Functional Safety Device Product and Services
    • 2.8.4 Yokogawa Electric Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Yokogawa Electric Recent Developments/Updates
  • 2.9 GE
    • 2.9.1 GE Details
    • 2.9.2 GE Major Business
    • 2.9.3 GE Functional Safety Device Product and Services
    • 2.9.4 GE Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 GE Recent Developments/Updates
  • 2.10 Omron
    • 2.10.1 Omron Details
    • 2.10.2 Omron Major Business
    • 2.10.3 Omron Functional Safety Device Product and Services
    • 2.10.4 Omron Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Omron Recent Developments/Updates
  • 2.11 TE Connectivity
    • 2.11.1 TE Connectivity Details
    • 2.11.2 TE Connectivity Major Business
    • 2.11.3 TE Connectivity Functional Safety Device Product and Services
    • 2.11.4 TE Connectivity Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 TE Connectivity Recent Developments/Updates
  • 2.12 SICK
    • 2.12.1 SICK Details
    • 2.12.2 SICK Major Business
    • 2.12.3 SICK Functional Safety Device Product and Services
    • 2.12.4 SICK Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 SICK Recent Developments/Updates
  • 2.13 PILZ
    • 2.13.1 PILZ Details
    • 2.13.2 PILZ Major Business
    • 2.13.3 PILZ Functional Safety Device Product and Services
    • 2.13.4 PILZ Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 PILZ Recent Developments/Updates
  • 2.14 HIMA Paul Hildebrandt
    • 2.14.1 HIMA Paul Hildebrandt Details
    • 2.14.2 HIMA Paul Hildebrandt Major Business
    • 2.14.3 HIMA Paul Hildebrandt Functional Safety Device Product and Services
    • 2.14.4 HIMA Paul Hildebrandt Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 HIMA Paul Hildebrandt Recent Developments/Updates
  • 2.15 Endress+Hauser
    • 2.15.1 Endress+Hauser Details
    • 2.15.2 Endress+Hauser Major Business
    • 2.15.3 Endress+Hauser Functional Safety Device Product and Services
    • 2.15.4 Endress+Hauser Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Endress+Hauser Recent Developments/Updates
  • 2.16 Eaton
    • 2.16.1 Eaton Details
    • 2.16.2 Eaton Major Business
    • 2.16.3 Eaton Functional Safety Device Product and Services
    • 2.16.4 Eaton Functional Safety Device Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Eaton Recent Developments/Updates

3 Competitive Environment: Functional Safety Device by Manufacturer

  • 3.1 Global Functional Safety Device Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Functional Safety Device Revenue by Manufacturer (2019-2024)
  • 3.3 Global Functional Safety Device Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Functional Safety Device by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Functional Safety Device Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Functional Safety Device Manufacturer Market Share in 2023
  • 3.5 Functional Safety Device Market: Overall Company Footprint Analysis
    • 3.5.1 Functional Safety Device Market: Region Footprint
    • 3.5.2 Functional Safety Device Market: Company Product Type Footprint
    • 3.5.3 Functional Safety Device Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Functional Safety Device Market Size by Region
    • 4.1.1 Global Functional Safety Device Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Functional Safety Device Consumption Value by Region (2019-2030)
    • 4.1.3 Global Functional Safety Device Average Price by Region (2019-2030)
  • 4.2 North America Functional Safety Device Consumption Value (2019-2030)
  • 4.3 Europe Functional Safety Device Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Functional Safety Device Consumption Value (2019-2030)
  • 4.5 South America Functional Safety Device Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Functional Safety Device Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Functional Safety Device Sales Quantity by Type (2019-2030)
  • 5.2 Global Functional Safety Device Consumption Value by Type (2019-2030)
  • 5.3 Global Functional Safety Device Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Functional Safety Device Sales Quantity by Application (2019-2030)
  • 6.2 Global Functional Safety Device Consumption Value by Application (2019-2030)
  • 6.3 Global Functional Safety Device Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Functional Safety Device Sales Quantity by Type (2019-2030)
  • 7.2 North America Functional Safety Device Sales Quantity by Application (2019-2030)
  • 7.3 North America Functional Safety Device Market Size by Country
    • 7.3.1 North America Functional Safety Device Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Functional Safety Device Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Functional Safety Device Sales Quantity by Type (2019-2030)
  • 8.2 Europe Functional Safety Device Sales Quantity by Application (2019-2030)
  • 8.3 Europe Functional Safety Device Market Size by Country
    • 8.3.1 Europe Functional Safety Device Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Functional Safety Device Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Functional Safety Device Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Functional Safety Device Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Functional Safety Device Market Size by Region
    • 9.3.1 Asia-Pacific Functional Safety Device Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Functional Safety Device Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Functional Safety Device Sales Quantity by Type (2019-2030)
  • 10.2 South America Functional Safety Device Sales Quantity by Application (2019-2030)
  • 10.3 South America Functional Safety Device Market Size by Country
    • 10.3.1 South America Functional Safety Device Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Functional Safety Device Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Functional Safety Device Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Functional Safety Device Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Functional Safety Device Market Size by Country
    • 11.3.1 Middle East & Africa Functional Safety Device Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Functional Safety Device Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Functional Safety Device Market Drivers
  • 12.2 Functional Safety Device Market Restraints
  • 12.3 Functional Safety Device Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Functional Safety Device and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Functional Safety Device
  • 13.3 Functional Safety Device Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Functional Safety Device Typical Distributors
  • 14.3 Functional Safety Device Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Functional Safety Device market size was valued at US$ 7144 million in 2023 and is forecast to a readjusted size of USD 12410 million by 2030 with a CAGR of 8.3% during review period.
    Global players of Functional Safety Device include Siemens, ABB, Schneider, Honeywell, Rockwell Automation and Mitsubishi Electric, etc. Top five players occupy for share about 64%. Europe is the largest market, with a share about 40%, followed by North America and China. In terms of product, Safety sensors is the largest segment, with a share over 25%. In terms of application, Oil and gas is the largest market, with a share about 24%.
    This report is a detailed and comprehensive analysis for global Functional Safety Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
    Key Features:
    Global Functional Safety Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Units), 2019-2030
    Global Functional Safety Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Units), 2019-2030
    Global Functional Safety Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Units), 2019-2030
    Global Functional Safety Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Units), 2019-2024
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Functional Safety Device
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Functional Safety Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric, GE, Omron, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Functional Safety Device market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Safety Sensors
    Safety PLCs
    Safety Relays
    Safety Valve
    Safe Actuator
    Safety Switches
    Others
    Market segment by Application
    Automobile
    Rail Transit
    Chemical Engineering
    Oil and Gas
    Medical
    Electric Power
    Elevator Escalator
    Others
    Major players covered
    Siemens
    ABB
    Schneider
    Honeywell
    Rockwell Automation
    Mitsubishi Electric
    Emerson
    Yokogawa Electric
    GE
    Omron
    TE Connectivity
    SICK
    PILZ
    HIMA Paul Hildebrandt
    Endress+Hauser
    Eaton
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Functional Safety Device product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Functional Safety Device, with price, sales quantity, revenue, and global market share of Functional Safety Device from 2019 to 2024.
    Chapter 3, the Functional Safety Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Functional Safety Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Functional Safety Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Functional Safety Device.
    Chapter 14 and 15, to describe Functional Safety Device sales channel, distributors, customers, research findings and conclusion.

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