The report offers detailed coverage of Emergency Shutdown System industry and main market trends. The oil & gas application accounted for the largest share among all applications of the ESD system market, followed by the power generation application. Safety is the most critical concern in the oil & gas industry. Lack of proper safety systems in the oil & gas industry may lead to production loss, stress on affected components and systems, and hazards during system restoration. Therefore, the market for ESD systems is expected to grow in the oil& gas application during the forecast period.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Emergency Shutdown System by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Emergency Shutdown System market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Emergency Shutdown System market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Emergency Shutdown System market for 2015-2027.
Key Companies
ABB Ltd.
Emerson Electric Co.
General Electric Company
Honeywell International Inc.
Schneider Electric SE
Rockwell Automation, Inc.
Siemens AG
Yokogawa Electric Corp.
Omron Corporation
Proserv Ingenious Simplicity
Hima Paul Hildebrandt GmbH
At the same time, we classify Emergency Shutdown System according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Safety switches
Emergency stop devices
Safety controllers/modules/relays
Safety sensors
Logic solver/programmable safety systems
Valves
Actuators
Market by Application
Power generation
Oil & gas
Refining
Chemical
Pharmaceutical
Paper & pulp
Metal & mining
Food & beverages
Water & wastewater
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Emergency Shutdown System market for the forecast period 2021 - 2027?
• What are the driving forces in the Emergency Shutdown System market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Emergency Shutdown System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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