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The process safety system market in the oil and gas industry is forecasted to grow by USD 151.9 million during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the process safety system market in the oil and gas industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improvement in operational efficiency, improving safety standards and related developments, and increasing emphasis on corporate social responsibility.
The process safety system market in the oil and gas industry is segmented as below:
By Application
- Onshore
- Offshore
By Product
- Hardware
- Software
- Service
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the process safety system market in the oil and gas industry covers the following areas:
- Process Safety System Market In The Oil And Gas Industry sizing
- Process Safety System Market In The Oil And Gas Industry forecast
- Process Safety System Market In The Oil And Gas Industry industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global process safety system market in the oil and gas industry: ABB, Bureau Veritas SA, Emerson Electric Co., General Electric Co., Halma Plc, Hexagon AB, HIMA Paul Hildebrandt GmbH, Honeywell International Inc., Intertek Group Plc, Johnson Controls International Plc., OMRON Corp., Pentair Plc, Primatech Inc, Rockwell Automation Inc., RTP Co., Schneider Electric SE, SGS SA, Siemens AG, TUV SUD AG, and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of customized safety systems."
According to the report, one of the major drivers for this market is the improvement in operational efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB
- Bureau Veritas SA
- Emerson Electric Co.
- General Electric Co.
- Halma Plc
- Hexagon AB
- HIMA Paul Hildebrandt GmbH
- Honeywell International Inc.
- Intertek Group Plc
- Johnson Controls International Plc.
- OMRON Corp.
- Pentair Plc
- Primatech Inc
- Rockwell Automation Inc.
- RTP Co.
- Schneider Electric SE
- SGS SA
- Siemens AG
- TUV SUD AG
- Yokogawa Electric Corp.
