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Category: Business and Industry
Date Submitted: 02/18/2016 02:08 AM
Global Industrial Emergency Shutdown Systems Market 2016-2020 report is the latest addition to RnRMarketResearch.com industry research reports collection. The analysts forecast global industrial ESD systems market to grow at a CAGR of 11.95% during the period 2016-2020.
An ESD (emergency shutdown) system is a safety-instrumented system that protects a manufacturing plant from explosions or leakages in oil and gas, chemical and petrochemical, and other industries. It activates the curative outputs to alleviate the hazardous consequences.
ESD valves are the ultimate protection option for any process abnormality. In advanced systems, ESD systems are connected to a PLC with sensors that form a safety loop.
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The report covers the present scenario and the growth prospects of the global industrial ESD systems market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of ESD systems, which includes installation and integration.
The market is divided into the following segments based on end-user:
Oil and gas
Chemical and petrochemical
Pharmaceutical
Water and waste water
Pulp and paper
Others
Global Industrial ESD Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors – ABB, Rockwell Automation, Schneider Electric, Yokogawa Electric
Other prominent vendors - Emerson Process Management, Esoterica Automation, General , Electric, HIMA Paul Hildebrandt, Honeywell International, Johnson Controls, Norgren, OMRON, Siemens, Tyco International
Market driver - Growing exploration activities in oil and gas industry
Market challenge - Availability of...