What is the current Emergency Shutdown Systems Market size?

The Emergency Shutdown Systems Market is projected to register a CAGR of 9.29% during the forecast period (2024-2029) Read More

Who are the key players in Emergency Shutdown Systems Market?

General Electric Co, Siemens AG, Honeywell International Inc, ABB Ltd and Schneider Electric SE are the major companies operating in the Emergency Shutdown Systems Market. Read More

Which is the fastest growing region in Emergency Shutdown Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Emergency Shutdown Systems Market?

In 2024, the Europe accounts for the largest market share in Emergency Shutdown Systems Market. Read More

What years does this Emergency Shutdown Systems Market cover?

The report covers the Emergency Shutdown Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Emergency Shutdown Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Emergency Shutdown Systems Market Size & Share Analysis - Industry Research Report

Emergency Shutdown Systems Industry Overview

Growing demand for emergency shutdown systems is driving the huge investments in the industry, to develop new technological products. Owing to this, the companies have started adopting, developing new and differentiated products as their core strategy. Large manufacturers, such as Honeywell, Emerson, Rockwell Automation, ABB, Schneider Electric are aggressively pushing to acquire small tech companies and gain sustainable competitive advantage. Some of the key players in Global Emergency Shutdown Systems Market are ABB, Emerson, Honeywell. Some key developments in the Global Emergency Shutdown Systems Market are,

Apr 2020 - Emerson acquired leading hydroelectric turbine controls company, American Governor Company. The addition of American Governor Company builds on Emerson's technology capabilities and expertise in the renewable and power industry.
Nov 2019 - Yokogawa Electric Corporation announced the release of ProSafe-RS R4.05.00, which is an enhanced version of the ProSafe-RS safety instrumented system. The ProSafe-RS is a core product of the OpreX Control and Safety System family offered by the company.