Global Industrial Emergency Shutdown Systems Market 2016-2020

Feb 16, 2016, 15:42 ET from Reportlinker

NEW YORK, Feb. 16, 2016 /PRNewswire/ -- About Industrial ESD Systems

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.

Technavio's analysts forecast the global industrial ESD systems market to grow at a CAGR of 11.95% during the period 2016-2020.

Covered in this report
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

Technavio's report, 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
- Rockwell Automation
- Schneider Electric
- Yokogawa Electric

Other prominent vendors
- Emerson Process Management
- Esoterica Automation
- General Electric
- HIMA Paul Hildebrandt
- Honeywell International
- Johnson Controls
- Norgren
- Siemens
- Tyco International

Market driver
- Growing exploration activities in oil and gas industry
- For a full, detailed list, view our report

Market challenge
- Availability of low-cost alternatives
- For a full, detailed list, view our report

Market trend
- Increased use of analytics
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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