Middle East & Africa Functional Safety Products Market – Industry Trends and Forecast to 2026
Middle East & Africa functional safety products market is projected to register a healthy CAGR of 8.9% in the forecast period of 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Segmentation:
By Product (Safety Switches, Safety Sensor, Functional Safety Controllers, Emergency Stop Devices, Pressure Transmitters, Camera Systems, Functional Safety Valves, Others), Solution & Service (Solution, Service), Industry Vertical (Oil & Gas, Chemical, Railways, Pulp and Paper, Automotive, Power Generation, Food and Beverages, Pharmaceutical, Mining, Others), Country (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel and Rest of Middle East and America)
Major growing sectors under the market segmentation are as follows:
In product, safety switches segment is dominating the market with highest CAGR as they are installed for residential as well as commercial purposes, such as cement foundries, steel mills and processing plants.
In solution & service, solution segment is dominating the market with highest CAGR as in various systems solution provide the function to monitor the level and flow of gases and respond based on them.
In industry vertical, oil & gas segment is dominating the market with highest CAGR as these refineries are prone to accidents such as fire, and leakages which may cause huge damage to both people and property.
Market Players:
The key market players for Middle East & Africa functional safety products market are listed below:
Yokogawa Electric Corporation
Siemens
Endress+Hauser Management AG
MANGAN SOFTWARE SOLUTIONS
Balluff de México
ABB
OMRON Corporation
Honeywell International, Inc.
Rockwell Automation, Inc.
SICK AG
Pilz GmbH & Co. KG
K.A. Schmersal GmbH & Co. KG
HYDAC
Schneider Electric
Cadence Design Systems, Inc.
Hitex GmbH
TÜV Rheinland
Intel Corporation
UL LLC
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- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of Middle East& Africa Functional Safety Products Market
- 1.4 Currency And Pricing
- 1.5 Limitations
- 1.6 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Geographical Scope
- 2.3 Years Considered For The Study
- 2.4 Dbmr Tripod Data Validation Model
- 2.5 Technology Life Line Curve
- 2.6 Multivariate Modelling
- 2.7 Primary Interviews With Key Opinion Leaders
- 2.8 Dbmr Market Position Grid
- 2.9 Market Application Coverage Grid
- 2.10 Dbmr Market Challenge Matrix
- 2.11 Import-export Data
- 2.12 Secondary Sources
- 2.13 Assumptions
- 3 Market Overview
- 3.1 Drivers
- 3.1.1 Strengthening Of Safety Standards And Government Regulations
- 3.1.2 Requirement Of Iso 26262 Standards In Automotives
- 3.1.3 Increasing Demand Of Non-contact Safety Switches
- 3.1.4 Rising Acceptance Of Workplace Safety Standards In Emerging Economies
- 3.2 Restraints
- 3.2.1 High Investments Related To The Installation Of Functional Safety Systems
- 3.2.2 High Investment Required For Automation
- 3.2.3 Increasing Complexity Of Safety Systems
- 3.2.4 Costs Associated With Machine Safety Systems
- 3.3 Opportunities
- 3.3.1 Growing Scope Of Advanced Driver Assistance System (Adas)
- 3.3.2 Evolution To Industry 4.0
- 3.3.3 High Usage Of Fluid Sensors In Oil & Gas And Chemicals Industry
- 3.4 Challenges
- 3.4.1 Lack Of Functional Safety Certified Workforce
- 3.4.2 Increasing Complexity In Safety-based Software And Hardware Designs
- 3.4.3 Failure To Access All Machinery-related Risks
- 4 Executive Summary
- 5 Premium Insights
- 6 Functional Safety Standards
- 6.1 Iec 61508
- 6.2 Iec 61511
- 6.3 Iec 62304
- 6.4 Iec 62061
- 6.5 Iso 26262
- 6.6 Others
- 7 Industry Insights
- 8 Middle East& Africa Functional Safety Products Market, By Product
- 8.1 Overview
- 8.2 Safety Switches
- 8.2.1 Electro-mechanical Safety Switches
- 8.2.2 Safety Locking Devices
- 8.2.3 Non-contact Safety Switches
- 8.3 Safety Sensor
- 8.3.1 Fluid Sensor
- 8.3.1.1 Level Sensor
- 8.3.1.2 Flow Sensor
- 8.3.1.3 Pressure Sensor
- 8.3.1.4 Temperature Sensor
- 8.3.2 Fiber-optic Sensor
- 8.3.3 Distance Sensor
- 8.3.3.1 Mid Range
- 8.3.3.2 Long Range
- 8.3.3.3 Ultrasonic
- 8.3.3.4 Others
- 8.3.4 Angle Sensor
- 8.3.5 Others
- 8.4 Functional Safety Controllers
- 8.5 Emergency Stop Devices
- 8.6 Pressure Transmitters
- 8.7 Camera Systems
- 8.8 Functional Safety Valves
- 8.9 Others
- 9 Middle East& Africa Functional Safety Products Market, By Solution & Service
- 9.1 Overview
- 9.2 Solution
- 9.2.1 Turbomachinery Control
- 9.2.2 Fire & Gas Monitoring Control
- 9.2.3 Burner Management System
- 9.2.4 Emergency Shutdown Systems
- 9.2.5 High-integrity Pressure Protection Systems
- 9.2.6 Distributed Control System
- 9.2.7 Supervisory Control And Data Acquisition Systems
- 9.2.8 Others
- 9.3 Service
- 9.3.1 Consulting & Design
- 9.3.2 Verification And Optimization
- 9.3.3 Training & Education
- 10 Middle East& Africa Functional Safety Products Market, By Industry Vertical
- 10.1 Overview
- 10.2 Oil & Gas
- 10.2.1 Onshore
- 10.2.2 Offshore
- 10.3 Chemical
- 10.3.1 Organic Chemicals
- 10.3.2 Inorganic Chemicals
- 10.3.3 Specialty Chemicals
- 10.4 Railways
- 10.5 Pulp And Paper
- 10.6 Automotive
- 10.7 Power Generation
- 10.8 Food And Beverages
- 10.9 Pharmaceutical
- 10.10 Mining
- 10.10.1 Coal Mining
- 10.10.2 Metal Mining
- 10.10.3 Nonmetallic Mineral Mining
- 10.11 Others
- 11 Middle East& Africa Functional Safety Products Market, By Geography
- 11.1 Middle East & Africa
- 11.1.1 South Africa
- 11.1.2 Rest Of Middle East And Africa
- 11.1.3 Egypt
- 11.1.4 Saudi Arabia
- 11.1.5 United Arab Emirates
- 11.1.6 Israel
- 12 Middle East& Africa Functional Safety Products Market, Company Landscape
- 12.1 Company Share Analysis: Middle East& Africa
- 13 Company Profile
- 13.1 Abb
- 13.1.1 Company Snapshot
- 13.1.2 Swot Analysis
- 13.1.3 Revenue Analysis
- 13.1.4 Company Share Analysis
- 13.1.5 Geographical Presence
- 13.1.6 Product Portfolio
- 13.1.7 Recent Developments
- 13.1.8 Databridge Market Research Analysis
- 13.2 Siemens
- 13.2.1 Company Snapshot
- 13.2.1 Swot Analysis
- 13.2.2 Revenue Analysis
- 13.2.3 Company Share Analysis
- 13.2.4 Geographical Presence
- 13.2.5 Product Portfolio
- 13.2.6 Recent Developments
- 13.2.7 Databridge Market Research Analysis
- 13.3 Honeywell International, Inc.
- 13.3.1 Company Snapshot
- 13.3.2 Swot Analysis
- 13.3.3 Revenue Analysis
- 13.3.4 Company Share Analysis
- 13.3.5 Geographical Presence
- 13.3.6 Product Portfolio
- 13.3.7 Recent Developments
- 13.3.8 Databridge Market Research Analysis
- 13.4 Sick Ag
- 13.4.1 Company Snapshot
- 13.4.2 Swot Analysis
- 13.4.3 Revenue Analysis
- 13.4.4 Company Share Analysis
- 13.4.5 Geographical Presence
- 13.4.6 Product Portfolio
- 13.4.7 Recent Developments
- 13.4.8 Databridge Market Research Analysis
- 13.5 Yokogawa Electric Corporation
- 13.5.1 Company Snapshot
- 13.5.2 Swot Analysis
- 13.5.3 Geographical Presence
- 13.5.4 Company Share Analysis
- 13.5.5 Revenue Analysis
- 13.5.6 Product Portfolio
- 13.5.7 Recent Developments
- 13.5.8 Databridge Market Research Analysis
- 13.6 Balluff De México
- 13.6.1 Company Snapshot
- 13.6.2 Geographical Presence
- 13.6.3 Product Portfolio
- 13.6.4 Recent Development
- 13.7 Cadence Design Systems, Inc.
- 13.7.1 Company Snapshot
- 13.7.2 Geographical Presence
- 13.7.3 Revenue Analysis
- 13.7.4 Product Portfolio
- 13.7.5 Recent Developments
- 13.8 Endress+Hauser Management Ag
- 13.8.1 Company Snapshot
- 13.8.2 Geographical Presence
- 13.8.3 Product Portfolio
- 13.8.4 Recent Developments
- 13.9 Hitex Gmbh
- 13.9.1 Company Snapshot
- 13.9.2 Product Portfolio
- 13.9.3 Recent Developments
- 13.10 Hydac
- 13.10.1 Company Snapshot
- 13.10.2 Geographical Presence
- 13.10.3 Product Portfolio
- 13.10.4 Recent Developments
- 13.11 Intel Corporation
- 13.11.1 Company Snapshot
- 13.11.2 Revenue Analysis
- 13.11.3 Geographical Presence
- 13.11.4 Product Portfolio
- 13.11.5 Recent Developments
- 13.12 K. A. Schmersal Holding Gmbh & Co. Kg
- 13.12.1 Company Snapshot
- 13.12.2 Geographical Presence
- 13.12.3 Product Portfolio
- 13.12.4 Recent Developments
- 13.13 Magnelink Inc.
- 13.13.1 Company Snapshot
- 13.13.2 Product Portfolio
- 13.13.3 Recent Development
- 13.14 Mangan Software Solutions
- 13.14.1 Company Snapshot
- 13.14.2 Product Portfolio
- 13.14.3 Recent Developments
- 13.15 Omron Corporation
- 13.15.1 Company Snapshot
- 13.15.2 Revenue Analysis
- 13.15.3 Geographical Segments
- 13.15.4 Product Portfolio
- 13.15.5 Recent Development
- 13.16 Pilz Gmbh & Co. Kg
- 13.16.1 Company Snapshot
- 13.16.2 Geographical Presence
- 13.16.3 Product Portfolio
- 13.16.4 Recent Developments
- 13.17 Rockwell Automation, Inc.
- 13.17.1 Company Snapshot
- 13.17.2 Revenue Analysis
- 13.17.3 Geographical Presence
- 13.17.4 Product Portfolio
- 13.17.5 Recent Development
- 13.18 Schneider Electric
- 13.18.1 Company Snapshot
- 13.18.2 Revenue Analysis
- 13.18.3 Geographical Presence
- 13.18.4 Product Portfolio
- 13.18.5 Recent Developments
- 13.19 Tüv Rheinland
- 13.19.1 Company Snapshot
- 13.19.2 Geographical Presence
- 13.19.3 Product Portfolio
- 13.19.4 Recent Developments
- 13.20 Ul Llc
- 13.20.1 Company Snapshot
- 13.20.2 Geographical Presence
- 13.20.3 Product Portfolio
- 13.20.4 Recent Developments
- 14 Questionnaire
- 15 Conclusion
- 16 Related Reports
- List Of Tables
- Table 1 Import Data Of Relays For A Voltage <= 60 V; Hs Code: 853641 (Usd Million)
- Table 2 Export Data Of Relays For A Voltage <= 60 V; Hs Code: 853641 (Usd Million)
- Table 3 Sils Are Order Of Magnitude Levels Of Risk Reduction. There Are Four Sils Defined In Iec 61508.
- Table 4 Middle East& Africa Functional Safety Products Market, By Product, 2017-2026 (Usd Million)
- Table 5 Middle East& Africa Fuctional Safety Products Market, By Safety Switches Product, 2017-2026, Usd Million
- Table 6 Middle East& Africa Safety Switches Product In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 7 Middle East& Africa Fuctional Safety Products Market, By Safety Sensor Product, 2017-2026, Usd Million
- Table 8 Middle East& Africa Safety Sensor Product In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 9 Middle East& Africa Fuctional Safety Products Market, By Fluid Sensor Product, 2017-2026, Usd Million
- Table 10 Middle East& Africa Fuctional Safety Products Market, By Distance Sensor Product, 2017-2026, Usd Million
- Table 11 Middle East& Africa Functional Safety Controllers In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 12 Middle East& Africa Emergency Stop Devices In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 13 Middle East& Africa Pressure Transmitters In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 14 Middle East& Africa Camera Systems In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 15 Middle East& Africa Functional Safety Valves In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 16 Middle East& Africa Others In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 17 Middle East& Africa Functional Safety Products Market: By Solution & Service, 2018
- Table 18 Middle East& Africa Fuctional Safety Products Market, By Solution And Service, 2017-2026, Usd Million
- Table 19 Middle East& Africa Fuctional Safety Products Market, By Solution, 2017-2026 (Usd Million)
- Table 20 Middle East& Africa Solution In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 21 Middle East& Africa Fuctional Safety Products Market, By Service, 2017-2026 (Usd Million)
- Table 22 Middle East& Africa Service In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 23 Middle East& Africa Fuctional Safety Products Market, By Industry Vertical, 2017-2026 (Usd Million)
- Table 24 Middle East& Africa Fuctional Safety Products Market, By Oil And Gas Industry Vertical, 2017-2026 (Usd Million)
- Table 25 Middle East& Africa Oil And Gas Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 26 Middle East& Africa Fuctional Safety Products Market, By Chemical Industry Vertical, 2017-2026 (Usd Million)
- Table 27 Middle East& Africa Chemical Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 28 Middle East& Africa Railways Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 29 Middle East& Africa Pulp And Paper Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 30 Middle East& Africa Automotive Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 31 Middle East& Africa Power Generation Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 32 Middle East& Africa Food And Beverages Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 33 Middle East& Africa Pharmaceutical Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 34 Middle East& Africa Fuctional Safety Products Market, By Mining Industry Vertical, 2017-2026 (Usd Million)
- Table 35 Middle East& Africa Mining Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 36 Middle East& Africa Others Industry Vertical In Functional Safety Products Market, By Region, 2017-2026 (Usd Million)
- Table 37 Middle East And Africa Functional Safety Products Market, By Country, 2017–2026 (Usd Million)
- Table 38 Middle East And Africa Functional Safety Products Market, By Product, 2017–2026 (Usd Million)
- Table 39 Middle East And Africa Functional Safety Products Market, By Safety Switches Product, 2017–2026 (Usd Million)
- Table 40 Middle East And Africa Functional Safety Products Market, By Safety Sensor Product, 2017–2026 (Usd Million)
- Table 41 Middle East And Africa Functional Safety Products Market, By Fluid Sensor Product, 2017–2026 (Usd Million)
- Table 42 Middle East And Africa Functional Safety Products Market, By Distance Sensor Product, 2017–2026 (Usd Million)
- Table 43 Middle East And Africa Functional Safety Products Market, By Solution & Service, 2017–2026 (Usd Million)
- Table 44 Middle East And Africa Functional Safety Products Market, By Solution, 2017–2026 (Usd Million)
- Table 45 Middle East And Africa Functional Safety Products Market, By Service, 2017–2026 (Usd Million)
- Table 46 Middle East And Africa Functional Safety Products Market, By Industry Vertical, 2017–2026 (Usd Million)
- Table 47 Middle East And Africa Functional Safety Products Market, By Oil & Gas Industry Vertical, 2017–2026 (Usd Million)
- Table 48 Middle East And Africa Functional Safety Products Market, By Chemical Industry Vertical, 2017–2026 (Usd Million)
- Table 49 Middle East And Africa Functional Safety Products Market, By Mining Industry Vertical, 2017–2026 (Usd Million)
- Table 50 South Africa Functional Safety Products Market, By Product, 2017–2026 (Usd Million)
- Table 51 South Africa Functional Safety Products Market, By Safety Switches Product, 2017–2026 (Usd Million)
- Table 52 South Africa Functional Safety Products Market, By Safety Sensor Product, 2017–2026 (Usd Million)
- Table 53 South Africa Functional Safety Products Market, By Fluid Sensor Product, 2017–2026 (Usd Million)
- Table 54 South Africa Functional Safety Products Market, By Distance Sensor Product, 2017–2026 (Usd Million)
- Table 55 South Africa Functional Safety Products Market, By Solution & Service, 2017–2026 (Usd Million)
- Table 56 South Africa Functional Safety Products Market, By Solution, 2017–2026 (Usd Million)
- Table 57 South Africa Functional Safety Products Market, By Service, 2017–2026 (Usd Million)
- Table 58 South Africa Functional Safety Products Market, By Industry Vertical, 2017–2026 (Usd Million)
- Table 59 South Africa Functional Safety Products Market, By Oil & Gas Industry Vertical, 2017–2026 (Usd Million)
- Table 60 South Africa Functional Safety Products Market, By Chemical Industry Vertical, 2017–2026 (Usd Million)
- Table 61 South Africa Functional Safety Products Market, By Mining Industry Vertical, 2017–2026 (Usd Million)
- Table 62 Rest Of Middle East And Africa Functional Safety Products Market, By Product, 2017–2026 (Usd Million)
- List Of Figures
- Figure 1 Middle East& Africa Functional Safety Products Market: Segmentation
- Figure 2 Middle East& Africa Functional Safety Products Market: Data Triangulation
- Figure 3 Middle East& Africa Functional Safety Products Market: Droc Analysis
- Figure 4 Middle East& Africa Functional Safety Products Market : Middle East& Africa Vs Regional Market Analysis
- Figure 5 Middle East& Africa Functional Safety Products Market: Company Research Analysis
- Figure 6 Middle East& Africa Functional Safety Products Market: The Technology Life Line Curve
- Figure 7 Middle East& Africa Functional Safety Products Market: Interview Demographics
- Figure 8 Middle East& Africa Functional Safety Products Market: Dbmr Market Position Grid
- Figure 9 Middle East& Africa Functional Safety Products Market: Market Application Coverage Grid
- Figure 10 Middle East& Africa Functional Safety Products Market: The Market Challenge Matrix
- Figure 11 Drivers, Restraints, Opportunities And Challenges Of Middle East& Africa Functional Safety Products Market
- Figure 12 Middle East& Africa Functional Safety Products Market: Segmentation
- Figure 13 Strengthening Of Safety Standards And Government Regulations Is Expected To Drive The Functional Safety Products Market In The Forecast Period 2019 To 2026
- Figure 14 Safety Switches Is Expected To Account For The Largest Share Of The Middle East& Africa Functional Safety Products Market In 2018
- Figure 15 Middle East& Africa Functional Safety Products Market: By Product, 2018
- Figure 16 Middle East& Africa Functional Safety Products Market: By Industry Vertical, 2018
- Figure 17 Middle East & Africa Functional Safety Products Market: Snapshot (2018)
- Figure 18 Middle East & Africa Functional Safety Products Market: By Country (2018)
- Figure 19 Middle East & Africa Functional Safety Products Market: By Country (2019 & 2026)
- Figure 20 Middle East & Africa Functional Safety Products Market, By Country (2018 & 2026)
- Figure 21 Middle East & Africa Functional Safety Products Market: By Product (2019-2026)
- Figure 22 Middle East& Africa Functional Safety Products Market: Company Share 2018 (%)
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