The global emergency shutdown system market accounted for US$ 1.41 Bn in 2018 and is expected to reach US$ 2.43 Bn by 2027 with a CAGR growth rate of 6.4% during the forecast period.
Globally, the emergency shutdown system is heavily influenced by strong presence of large enterprise across different end-user industry verticals owing to their considerably large industrial process equipped with various technological solutions. As a result, the European region accounted for the largest market share in emergency shutdown system market by region owing to its significantly large customer base and notable awareness among small and medium enterprise owners. Moreover, other factors such as strong presence of European Union and other regulatory agencies through stringent industrial safety and leakage guidelines have profound influence over the penetration of different ESD solution across different European regions. In addition to this, the region is also anticipated to continue to hold major market share during the coming years. On the other hand, the Asia-Pacific region owing to strong presence of unorganized small and medium end-users along with limited government regulation have attributed in the region’s low market share despite strong presence of end-user base in the region.
Lucrative Regional Emergency Shutdown System Markets
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Market Insights
Surge in Demand to Minimize Hydrocarbon Leakages Especially in Off-shore Oilfield-based Projects
Emergency shutdown system (ESD) is designed to minimize the impact of emergencies that are typically associated with unregulated flooding, hydrocarbon escape, or fire outbreaks in areas containing hydrocarbons or sectors that may otherwise be risky. Traditionally, risk analysis concluded that a high safety integrity rating, usually SIL 2 or 3, is required for the emergency shutdown program. The system primarily consists of device logic for incoming signal processing, field-mounted sensors, valves, and trip relays, warning, and HMI modules. The device processes input signals and triggers the outputs according to the cause and effect charts defined for the installation. Oil and gas are the primary fields for emergency shutdown systems worldwide. It is anticipated that rising oil and gas prices and growing upstream activities will increase the demand for emergency shutdown systems, especially from off-shore establishments as the demand for ESD systems comes from midstream, upstream, and downstream oil refinery activities. Laws and regulations such as the Bureau of Safety and Environmental Enforcement (BSEE) enforce safety and environmental laws for the off-shore oil and gas industry in the US, Europe, among others. For minimizing the risk of mishap or accidents, temperature and pressure are monitored closely.
Component Insights
Several components such as switches, sensors, programmable safety systems, safety valves, actuators, and others play a significant role in the functioning of emergency shutdown systems. These components sense and react according to the emergency occurred in an industrial setup. They are operated either through electrical signal or through pneumatic pressures. Thus, the component manufacturers are robustly focusing on developing these components using advanced technologies.
Control Method Insights
The emergency shutdown system components react in accordance with pneumatic, electrical, fiber-optic, and hydraulic control methods, among others. These methods employ different principals for transmitting signal to components which may be a gas or steam pressure, or an electrical signal. Thus, the operator in the industry can monitor the emergency occurred precisely and take action accordingly.
End-user Industry Insights
Based on end-user industry, the emergency shutdown system market has been segmented into oil & gas, refining, power generation, chemical, and others. Various businesses are adopting emergency shutdown system to gain better visibility into the overall industrial process and track emergency predictively. These systems empower the companies to handle these emergencies from a single dashboard; therefore, the demand for emergency shutdown system is growing across different industries.
Rest of APAC Emergency Shutdown System Market by End-User
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Emergency Shutdown System Market: Strategic Insights
Market Size Value in US$ 1.41 Billion in 2018 Market Size Value by US$ 2.43 Billion by 2027 Growth rate CAGR of 6.4% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Emergency Shutdown System Market: Strategic Insights
| Market Size Value in | US$ 1.41 Billion in 2018 |
| Market Size Value by | US$ 2.43 Billion by 2027 |
| Growth rate | CAGR of 6.4% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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New product development strategy is commonly adopted by companies to expand their footprint worldwide and meet the growing demand. This strategy is mostly observed in Europe and APAC. The players present in the emergency shutdown system market also adopted the strategy of market initiative and mergers & acquisitions to enlarge customer base across the world, which also permits the players to maintain their brand name globally.
Emergency Shutdown System Market – By Component
- Switches
- Sensors
- Programmable Safety Systems
- Safety Valves
- Actuators
- Others
Emergency Shutdown System Market – By Control Method
- Pneumatic
- Electrical
- Fiber Optic
- Hydraulic
Emergency Shutdown System Market – By End-user Industry
- Oil & Gas
- Refining
- Power Generation
- Chemical
Emergency Shutdown System Market – By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific
- China
- India
- South Korea
- Japan
- Australia
- Rest of Asia Pacific
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
South America
- Brazil
- Argentina
- Rest of South America
Company Profiles
- ABB Ltd.
- Emerson Electric Co.
- General Electric Co.
- Hima Paul Hildebrandt
- Honeywell International Inc.
- National Oilwell Varco
- Omron Corporation
- Schneider Electric Se
- Siemens AG
- Yokogawa Electric Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component ; Control Method ; End-User Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
Strong economic growth of the region coupled with surging demand of energy from different industrial verticals is expected to propel the growth of the market across Asia-Pacific region.
The oil & gas industry especially refining and oil production account for the largest usage of emergency shutdown systems along with notable scope of application across chemicals and manufacturing industries.
The programmable safety systems owing to increase in adoption of automated solutions focused towards consolidation and modernization of industrial control systems.
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 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America 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 Surge in Demand to Minimize Hydrocarbon Leakages Especially in Off-shore Oilfield-based Projects
5.1.2 Consolidation of Industrial Control Systems for Improving Efficiencies/Control Room Modernization
5.2 Restraints
5.2.1 Limited Penetration Across SMEs in Emerging Economies
5.3 Opportunities
5.3.1 Integration of IoT-enabled Services Within ESD
5.4 Trends
5.4.1 Automated Industrial Control Systems
5.5 Impact Analysis of Drivers and Restraints
6. Emergency Shutdown System Market – Global Market Analysis
6.1 Global Emergency shutdown system Market Overview
6.2 Global Emergency shutdown system Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Emergency Shutdown Systems Market– By Component
7.1 Overview
7.2 Global Emergency Shutdown Systems Market Breakdown, by Component, 2018 & 2027
7.3 Switches
7.3.1 Overview
7.3.2 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 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 Emergency Shutdown Systems Market for Safety Valves, Revenue and Forecast to 2027 (US$ Mn)
7.7 Actuators
7.7.1 Overview
7.7.2 Emergency Shutdown Systems Market for Actuators, Revenue and Forecast to 2027 (US$ Mn)
7.8 Other Components
7.8.1 Overview
7.8.2 Emergency Shutdown Systems Market for Other Components, Revenue and Forecast to 2027 (US$ Mn)
8. Emergency Shutdown System Market – By Control Method
8.1 Overview
8.2 Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027
8.3 Pneumatic
8.3.1 Overview
8.3.2 Emergency Shutdown Systems Market for Pneumatic Control, Revenue and Forecast to 2027 (US$ Mn)
8.4 Electrical
8.4.1 Overview
8.4.2 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 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 Emergency Shutdown Systems Market for Hydraulic Control, Revenue and Forecast to 2027 (US$ Mn)
9. Emergency Shutdown System Market – By End-User Industry
9.1 Overview
9.2 Emergency Shutdown System Market Breakdown, by End-User Industry, 2018 and 2027
9.3 Oil & Gas
9.3.1 Overview
9.3.2 Emergency Shutdown System Market for Oil & Gas, Revenue and Forecast to 2027 (US$ Mn)
9.4 Refining
9.4.1 Overview
9.4.2 Emergency Shutdown System Market for Refining, Revenue and Forecast to 2027 (US$ Mn)
9.5 Power Generation
9.5.1 Overview
9.5.2 Emergency Shutdown System Market for Power Generation, Revenue and Forecast to 2027 (US$ Mn)
9.6 Chemicals
9.6.1 Overview
9.6.2 Emergency Shutdown System Market for Chemicals, Revenue and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Emergency Shutdown System Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
10. Emergency Shutdown Systems Market -Geographic Analysis
10.1 Overview
10.2 North America Emergency Shutdown System Market, Revenue and Forecast to 2027
10.2.1 Overview
10.2.2 North America Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.2.3 North America Emergency Shutdown System Market Breakdown, by Component
10.2.4 North America Emergency Shutdown System Market Breakdown, by Control Method
10.2.5 North America Emergency Shutdown System Market Breakdown, by End-user industry
10.2.6 North America Emergency Shutdown System Market Breakdown, by Country
10.2.6.1 US Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.2.6.1.1 US Emergency Shutdown System Market Breakdown, by Component
10.2.6.1.2 US Emergency Shutdown System Market Breakdown, by Control Method
10.2.6.1.3 US Emergency Shutdown System Market Breakdown, by End-user industry
10.2.6.2 Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.2.6.3 Canada Emergency Shutdown System Market Breakdown, by Component
10.2.6.4 Canada Emergency Shutdown System Market Breakdown, by Control Method
10.2.6.5 Canada Emergency Shutdown System Market Breakdown, by End-user industry
10.2.6.6 Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.2.6.6.1 Mexico Emergency Shutdown System Market Breakdown, by Component
10.2.6.6.2 Mexico Emergency Shutdown System Market Breakdown, by Control Method
10.2.6.6.3 Mexico Emergency Shutdown System Market Breakdown, by End-user Industry
10.3 Europe Emergency Shutdown System Market, Revenue and Forecast to 2027
10.3.1 Overview
10.3.2 Europe Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.3.3 Europe Emergency shutdown system Market Breakdown, by Component
10.3.4 Europe Emergency Shutdown System Market Breakdown, by Control Method
10.3.5 Europe Emergency Shutdown System Market Breakdown, by End-user Industry
10.3.6 Europe Emergency Shutdown System Market Breakdown, by Country
10.3.6.1 Germany Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.3.6.1.1 Germany Emergency Shutdown System Market Breakdown, by Component
10.3.6.1.2 Germany Emergency Shutdown System Market Breakdown, by Control Method
10.3.6.1.3 Germany Emergency Shutdown System Market Breakdown, by End-user industry
10.3.6.2 UK Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.3.6.3 UK Emergency Shutdown System Market Breakdown, by Component
10.3.6.4 UK Emergency Shutdown System Market Breakdown, by Control Method
10.3.6.5 UK Emergency Shutdown System Market Breakdown, by End-user industry
10.3.6.6 France Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.3.6.6.1 France Emergency Shutdown System Market Breakdown, by Component
10.3.6.6.2 France Emergency Shutdown System Market Breakdown, by Control Method
10.3.6.6.3 France Emergency Shutdown System Market Breakdown, by End-user industry
10.3.6.7 Italy Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.3.6.7.1 Italy Emergency Shutdown System Market Breakdown, by Component
10.3.6.7.2 Italy Emergency Shutdown System Market Breakdown, by Control Method
10.3.6.7.3 Italy Emergency Shutdown System Market Breakdown, by End-user industry
10.3.6.8 Russia Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.3.6.8.1 Russia Emergency Shutdown System Market Breakdown, by Component
10.3.6.8.2 Russia Emergency Shutdown System Market Breakdown, by Control Method
10.3.6.8.3 Russia Emergency Shutdown System Market Breakdown, by End-user industry
10.3.6.9 Rest of Europe Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.3.6.9.1 Rest of Europe Emergency Shutdown System Market Breakdown, by Component
10.3.6.9.2 Rest of Europe Emergency Shutdown System Market Breakdown, by Control Method
10.3.6.9.3 Rest of Europe Emergency Shutdown System Market Breakdown, by End-user Industry
10.4 Asia Pacific (APAC) Emergency shutdown system Market, Revenue and Forecast to 2027
10.4.1 Overview
10.4.2 APAC Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.3 APAC Emergency shutdown system Market Breakdown, by Component
10.4.4 APAC Emergency shutdown system Market Breakdown, by Control Method
10.4.5 APAC Emergency shutdown system Market Breakdown, by End-user Industry
10.4.6 APAC Emergency shutdown system Market Breakdown, by Country
10.4.6.1 China Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.6.1.1 China Emergency shutdown system Market Breakdown, by Component
10.4.6.1.2 China Emergency shutdown system Market Breakdown, by Control Method
10.4.6.1.3 China Emergency shutdown system Market Breakdown, by End-user Industry
10.4.6.2 Japan Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.6.3 Japan Emergency shutdown system Market Breakdown, by Component
10.4.6.4 Japan Emergency shutdown system Market Breakdown, by Control Method
10.4.6.5 Japan Emergency shutdown system Market Breakdown, by End-user Industry
10.4.6.6 India Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.6.6.1 India Emergency shutdown system Market Breakdown, by Component
10.4.6.6.2 India Emergency shutdown system Market Breakdown, by Control Method
10.4.6.6.3 India Emergency shutdown system Market Breakdown, by End-user Industry
10.4.6.7 South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.6.7.1 South Korea Emergency shutdown system Market Breakdown, by Component
10.4.6.7.2 South Korea Emergency shutdown system Market Breakdown, by Control Method
10.4.6.7.3 South Korea Emergency shutdown system Market Breakdown, by End-user Industry
10.4.6.8 Australia Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.6.8.1 Australia Emergency shutdown system Market Breakdown, by Component
10.4.6.8.2 Australia Emergency shutdown system Market Breakdown, by Control Method
10.4.6.8.3 Australia Emergency shutdown system Market Breakdown, by End-user Industry
10.4.6.9 Rest of APAC Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.6.9.1 Rest of APAC Emergency shutdown system Market Breakdown, by Component
10.4.6.9.2 Rest of APAC Emergency shutdown system Market Breakdown, by Control Method
10.4.6.9.3 Rest of APAC Emergency shutdown system Market Breakdown, by End-user Industry
10.5 Middle East & Africa (MEA) Emergency shutdown system Market, Revenue and Forecast to 2027
10.5.1 Overview
10.5.2 MEA Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.3 MEA Emergency shutdown system Market Breakdown, by Component
10.5.4 MEA Emergency shutdown system Market Breakdown, by Control Method
10.5.5 MEA Emergency shutdown system Market Breakdown, by End-user industry
10.5.6 MEA Emergency shutdown system Market Breakdown, by Country
10.5.6.1 UAE Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.6.1.1 UAE Emergency shutdown system Market Breakdown, by Component
10.5.6.1.2 UAE Emergency shutdown system Market Breakdown, by Control Method
10.5.6.1.3 UAE Emergency shutdown system Market Breakdown, by End-user industry
10.5.6.2 Saudi Arabia Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.6.3 Saudi Arabia Emergency shutdown system Market Breakdown, by Component
10.5.6.4 Saudi Arabia Emergency shutdown system Market Breakdown, by Control Method
10.5.6.5 Saudi Arabia Emergency shutdown system Market Breakdown, by End-user industry
10.5.6.6 South Africa Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.6.6.1 South Africa Emergency shutdown system Market Breakdown, by Component
10.5.6.6.2 South Africa Emergency shutdown system Market Breakdown, by Control Method
10.5.6.6.3 South Africa Emergency shutdown system Market Breakdown, by End-user industry
10.5.6.7 Rest of MEA Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.6.7.1 Rest of MEA Emergency shutdown system Market Breakdown, by Component
10.5.6.7.2 Rest of MEA Emergency shutdown system Market Breakdown, by Control Method
10.5.6.7.3 Rest of MEA Emergency shutdown system Market Breakdown, by End-user industry
10.6 South America (SAM) Emergency Shutdown System Market, Revenue and Forecast to 2027
10.6.1 Overview
10.6.2 SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.6.3 SAM Emergency Shutdown System Market Breakdown, by Component
10.6.4 SAM Emergency Shutdown System Market Breakdown, by Control Method
10.6.5 SAM Emergency Shutdown System Market Breakdown, by End-user Industry
10.6.6 SAM Emergency Shutdown System Market Breakdown, by Country
10.6.6.1 Brazil Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.6.6.1.1 Brazil Emergency Shutdown System Market Breakdown, by Component
10.6.6.1.2 Brazil Emergency Shutdown System Market Breakdown, by Control Method
10.6.6.1.3 Brazil Emergency Shutdown System Market Breakdown, by End-user Industry
10.6.6.2 Argentina Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.6.6.3 Argentina Emergency Shutdown System Market Breakdown, by Component
10.6.6.4 Argentina Emergency Shutdown System Market Breakdown, by Control Method
10.6.6.5 Argentina Emergency Shutdown System Market Breakdown, by End-user Industry
10.6.6.6 Rest of SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.6.6.6.1 Rest of SAM Emergency Shutdown System Market Breakdown, by Component
10.6.6.6.2 Rest of SAM Emergency Shutdown System Market Breakdown, by Control Method
10.6.6.6.3 Rest of SAM 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
LIST OF TABLES
Table 1. Global Emergency shutdown system Market Revenue and Forecast to 2027 (US$ Mn)
Table 2. Emergency Shutdown System Market, Revenue and Forecast to 2027, by Geography (US$ Mn)
Table 3. North America Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 4. North America Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 5. North America Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 6. US Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 7. US Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 8. US Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 9. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 10. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 11. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 12. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 13. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control Method (US$ Mn)
Table 14. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 15. Europe Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 16. Europe Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 17. Europe Emergency Shutdown System Market Breakdown, by End-user Industry, 2018 and 2027 (%)
Table 18. Germany Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 19. Germany Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control Method (US$ Mn)
Table 20. Germany Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 21. UK Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 22. UK Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 23. UK Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 24. France Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 25. France Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control Method (US$ Mn)
Table 26. France Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 27. Italy Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 28. Italy Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control Method (US$ Mn)
Table 29. Italy Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 30. Russia Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 31. Russia Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 32. Russia Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 33. Rest of Europe Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 34. Rest of Europe Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control Method (US$ Mn)
Table 35. Rest of Europe Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 36. APAC Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 37. APAC Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 38. APAC Emergency shutdown system Market Breakdown, by End-user Industry, 2018 and 2027 (%)
Table 39. China Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 40. China Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 41. China Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 42. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 43. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 44. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 45. India Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 46. India Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 47. India Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 48. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 49. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 50. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 51. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 52. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 53. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 54. Rest of APAC Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 55. Rest of APAC Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 56. Rest of APAC Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 57. MEA Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 58. MEA Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 59. MEA Emergency shutdown system Market Breakdown, by End-user industry, 2018 and 2027(%)
Table 60. UAE Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 61. UAE Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 62. UAE Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 63. Saudi Arabia Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 64. Saudi Arabia Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 65. Saudi Arabia Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 66. South Africa Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 67. South Africa Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 68. South Africa Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 69. Rest of MEA Emergency shutdown system Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 70. Rest of MEA Emergency shutdown system Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 71. Rest of MEA Emergency shutdown system Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 72. SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 73. SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 74. SAM Emergency Shutdown System Market Breakdown, by End-user Industry, 2018 and 2027 (%)
Table 75. Brazil Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 76. Brazil Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 77. Brazil Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 78. Argentina Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 79. Argentina Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 80. Argentina Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 81. Rest of SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 82. Rest of SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 83. Rest of SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 84. Glossary of Terms, Emergency Shutdown Systems Market
LIST OF FIGURES
Figure 1. Emergency Shutdown Systems Market Segmentation
Figure 2. Emergency Shutdown Systems Market Segmentation – By Geography
Figure 3. Emergency Shutdown System Market – Overview
Figure 4. Emergency Shutdown System Market – Regional Analysis
Figure 5. Emergency Shutdown System Market – Geography
Figure 6. Emergency Shutdown System Market – Strategic Analysis
Figure 7. Emergency Shutdown System Market – Component
Figure 8. Emergency Shutdown System Market – Control Method
Figure 9. Emergency Shutdown System Market – End-user Industry
Figure 10. North America PEST Analysis
Figure 11. Europe PEST Analysis
Figure 12. Asia Pacific – PEST analysis
Figure 13. Middle East & Africa PEST Analysis
Figure 14. South America PEST Analysis
Figure 15. Ecosystem Analysis – Emergency Shutdown System Market
Figure 16. Expert Opinion
Figure 17. Emergency Shutdown System for Wellhead Application Market Outlook (API 6A Standards), By Region (%)
Figure 18. Impact Analysis: Drivers and Restraints Pertaining to Emergency Shutdown Systems Market
Figure 19. Global Emergency shutdown system Market- Geographical Analysis
Figure 20. Global Emergency shutdown system Market Forecast and Analysis, (US$ Mn)
Figure 21. Global Emergency Shutdown Systems Market Breakdown, by Component, 2018 & 2027 (%)
Figure 22. Emergency Shutdown Systems Market for Switches, Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Emergency Shutdown Systems Market for Sensors, Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Emergency Shutdown Systems Market for Programmable Safety Systems, Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Emergency Shutdown Systems Market for Safety Valves, Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Emergency Shutdown Systems Market for Actuators, Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Emergency Shutdown Systems Market for Other Components, Revenue and Forecast to 2027 (US$ Mn)
Figure 28. Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027 (%)
Figure 29. Emergency Shutdown Systems Market for Pneumatic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Emergency Shutdown Systems Market Electrical Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Emergency Shutdown Systems Market for Fiber-optic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Emergency Shutdown Systems Market for Hydraulic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Emergency Shutdown System Market Breakdown, by End-User Industry, 2018 and 2027 (%)
Figure 34. Emergency Shutdown System Market for Oil & Gas, Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Emergency Shutdown System Market for Refining, Revenue and Forecast to 2027 (US$ Mn)
Figure 36. Emergency Shutdown System Market for Power Generation, Revenue and Forecast to 2027 (US$ Mn)
Figure 37. Emergency Shutdown System Market for Chemicals, Revenue and Forecast to 2027 (US$ Mn)
Figure 38. Emergency Shutdown System Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
Figure 39. Emergency shutdown system Market Breakdown, by Region, 2018 and 2027 (%)
Figure 40. North America Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 41. North America Emergency Shutdown System Market Breakdown, by Component, 2018 and 2027 (%)
Figure 42. North America Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027 (%)
Figure 43. North America Emergency Shutdown System Market Breakdown, by End-user industry, 2018 and 2027 (%)
Figure 44. North America Emergency Shutdown System Market Breakdown, by Country, 2018 and 2027(%)
Figure 45. US Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 46. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 47. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 48. Europe Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 49. Europe Emergency Shutdown System Market Breakdown, by Component, 2018 and 2027 (%)
Figure 50. Europe Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027 (%)
Figure 51. Europe Emergency Shutdown System Market Breakdown, by End-user Industry, 2018 and 2027 (%)
Figure 52. Europe Emergency Shutdown System Market Breakdown, by Country, 2018 and 2027(%)
Figure 53. Germany Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 54. UK Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 55. France Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 56. Italy Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 57. Russia Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 58. Rest of Europe Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 59. APAC Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 60. APAC Emergency shutdown system Market Breakdown, by Component, 2018 and 2027 (%)
Figure 61. APAC Emergency shutdown system Market Breakdown, by Control Method, 2018 and 2027 (%)
Figure 62. APAC Emergency shutdown system Market Breakdown, by End-user Industry, 2018 and 2027 (%)
Figure 63. APAC Emergency shutdown system Market Breakdown, by Country, 2018 and 2027(%)
Figure 64. China Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 65. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 66. India Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 67. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 68. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 69. Rest of APAC Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 70. MEA Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 71. MEA Emergency shutdown system Market Breakdown, by Component, 2018 and 2027(%)
Figure 72. MEA Emergency shutdown system Market Breakdown, by Control Method, 2018 and 2027(%)
Figure 73. MEA Emergency shutdown system Market Breakdown, by End-User Industry, 2018 and 2027(%)
Figure 74. MEA Emergency shutdown system Market Breakdown, by Country, 2018 and 2027(%)
Figure 75. UAE Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 76. Saudi Arabia Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 77. South Africa Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 78. Rest of MEA Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 79. SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 80. SAM Emergency Shutdown System Market Breakdown, by Component, 2018 and 2027 (%)
Figure 81. SAM Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027 (%)
Figure 82. SAM Emergency Shutdown System Market Breakdown, by End-user Industry, 2018 and 2027 (%)
Figure 83. SAM Emergency Shutdown System Market Breakdown, by Country, 2018 and 2027(%)
Figure 84. Brazil Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 85. Argentina Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 86. Rest of SAM Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 87. Emergency Shutdown system Market, Industry Landscape (2016-2019) %
The List of Companies - Emergency Shutdown System Market
- ABB Ltd
- Cameron International Corporation
- Emerson Electric Co.
- General Electric Company
- Honeywell International Inc.
- National Oilwell Varco, Inc.
- OMRON Corporation
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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