Emergency Shutdown System Market with Manufacturers, Countries, Type and Application, Forecast to 2025, New Research Report Announced by The QY Research. The report Contain Segmentation, Current Trends, Emerging Challenges, Strategic Alliances.

Los Angeles, CA -- (SBWire) -- 02/22/2019 --This report focuses on the global Emergency Shutdown System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Emergency Shutdown System development in United States, Europe and China.

The oil & gas application accounted for the largest share among all applications of the ESD system market, followed by the power generation application. Safety is the most critical concern in the oil & gas industry. Lack of proper safety systems in the oil & gas industry may lead to production loss, stress on affected components and systems, and hazards during system restoration. Therefore, the market for ESD systems is expected to grow in the oil& gas application during the forecast period.

In 2017, the global Emergency Shutdown System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

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The key players covered in this study

ABB Ltd.

Emerson Electric Co.

General Electric Company

Honeywell International Inc.

Schneider Electric SE

Rockwell Automation, Inc.

Siemens AG

Yokogawa Electric Corp.

Omron Corporation

Proserv Ingenious Simplicity

Hima Paul Hildebrandt GmbH

Market segment by Type, the product can be split into

Safety switches

Emergency stop devices

Safety controllers/modules/relays

Safety sensors

Logic solver/programmable safety systems

Valves

Actuators

Market segment by Application, split into

Power generation

Oil & gas

Refining

Chemical

Pharmaceutical

Paper & pulp

Metal & mining

Food & beverages

Water & wastewater

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