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Global Functional Safety Device Supply, Demand and Key Producers, 2026-2032

Publisher GlobalInfoResearch
Published Jan 05, 2026
Length 143 Pages
SKU # GFSH20787364

Description

The global Functional Safety Device market size is expected to reach $ 14380 million by 2032, rising at a market growth of 8.3% CAGR during the forecast period (2026-2032).

Global players of Functional Safety Device include Siemens, ABB, Schneider, Honeywell, Rockwell Automation and Mitsubishi Electric, etc. Top five players occupy for share about 64%. Europe is the largest market, with a share about 40%, followed by North America and China. In terms of product, Safety sensors is the largest segment, with a share over 25%. In terms of application, Oil and gas is the largest market, with a share about 24%.

This report studies the global Functional Safety Device production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Functional Safety Device and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Functional Safety Device that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Functional Safety Device total production and demand, 2021-2032, (K Units)

Global Functional Safety Device total production value, 2021-2032, (USD Million)

Global Functional Safety Device production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Functional Safety Device consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Functional Safety Device domestic production, consumption, key domestic manufacturers and share

Global Functional Safety Device production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Functional Safety Device production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Functional Safety Device production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Functional Safety Device market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric, GE, Omron, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Functional Safety Device market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Units) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Functional Safety Device Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Functional Safety Device Market, Segmentation by Type:
Safety Sensors
Safety PLCs
Safety Relays
Safety Valve
Safe Actuator
Safety Switches
Others

Global Functional Safety Device Market, Segmentation by Application:
Automobile
Rail Transit
Chemical Engineering
Oil and Gas
Medical
Electric Power
Elevator Escalator
Others

Companies Profiled:
Siemens
ABB
Schneider
Honeywell
Rockwell Automation
Mitsubishi Electric
Emerson
Yokogawa Electric
GE
Omron
TE Connectivity
SICK
PILZ
HIMA Paul Hildebrandt
Endress+Hauser
Eaton

Key Questions Answered:

1. How big is the global Functional Safety Device market?

2. What is the demand of the global Functional Safety Device market?

3. What is the year over year growth of the global Functional Safety Device market?

4. What is the production and production value of the global Functional Safety Device market?

5. Who are the key producers in the global Functional Safety Device market?

6. What are the growth factors driving the market demand?

Table of Contents

143 Pages
1 Supply Summary
2 Demand Summary
3 World Manufacturers Competitive Analysis
4 United States VS China VS Rest of the World
5 Market Analysis by Type
6 Market Analysis by Application
7 Company Profiles
8 Industry Chain Analysis
9 Research Findings and Conclusion
10 Appendix

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