Analysis of the Southeast Asia and Australia–New Zealand Process Safety Systems Market
The Southeast Asia (SEA) and Australia–New Zealand (ANZ) process safety systems market generated revenues of $ million in 2013, at a growth rate of % over the previous year.
Emergency shutdown systems is the largest segment in the market, and contributed % in the base year, 2013.
An important factor that drives the safety systems market is the demand for energy. Oil and gas is one of the major end users of this market.
End users would want to have safety systems in place not only to keep industrial accidents to the minimum, but also to ensure that their other processes, such as programmable logic controller (PLC) and distributed control system (DCS) operations, are not affected.
The top participants are Yokogawa Electric Corporation, Invensys Triconex, ABB, Honeywell Process Solutions, and HIMA. Together they held % of the market shares, as they are active in most end-user segments.
Other notable participants are Schneider Electric, Emerson Process Management, Rockwell Automation, and Siemens AG; however, these companies specialize only in – segments.
About this report
This research service analyzes the safety systems used in process industries in Southeast Asia and Australia–New Zealand. End users include oil and gas, chemicals and petrochemicals, power, refining, and others including metals and mining, water and wastewater, and pulp and paper. The product segments are emergency shutdown systems, fire and gas systems, burner management systems, high integrity pressure protection systems, and turbomachinery controls. It is a growing market because of rising mandatory safety standard and investments in end-user industries.
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