Machine Safety Shutdown Systems Market: Introduction

A machine safety shutdown system is a countermeasure vital in any dangerous plants such as Oil & Gas or nuclear plants. A machine safety shutdown system is designed to protect industrial plants, workers and the environment in cases of the process going above and beyond specific control margins. These systems are not meant to control the process but provide some degree of protection. Process control is by way of process control systems and is interconnected to the safety systems to ensure that immediate action is taken if the process control system were to fail. Safety systems are usually merged with process controls under a single system, known as Integrated Control and Safety Systems. Industrial Safety Systems deploy dedicated systems that are SIL 2 certified at the very least; control systems can have SIL 1 certification also. SIL certification pertains to both software and hardware and includes processor redundancy, voting functions and cards. The main industrial safety systems are Process Shutdown System and Safety Shutdown System, the latter which is further divided into Emergency Depressurization and Emergency Shutdown Systems.

Machine Safety Shutdown Systems Market: Emergency Shutdown Systems

There are three levels in Emergency Shutdown Systems –

  • Level 1 – This pertains to a general shutdown of the industrial area and can be increased to level 2 if required. Level 1 can only be activated in process industrial units from the main control centre
  • Level 2 – Level 2 isolates and shuts down individual zones and can even activate Emergency Depressurization if necessary
  • Level 3 – Level 3 is mean to contain any kind of ‘liquid inventory’

Machine Safety Shutdown Systems Market: Fire and Gas Systems

The primary purpose of a fire and gas system is similar to that of a safety shutdown system. The fire and gas system is able to ensure this by –

  • Detecting a flammable gas at the earliest possible stage
  • Detecting liquid spills such as LNG and LPG at the earliest stage
  • Detecting the presence of fire as well as incipient fire
  • Providing facilities for manual activation or automatic activation of a fire protection system as and when required
  • Initiating changes within the environment to ensure liquids remain below their flash point
  • Initiating both audible and visible signals to warn of any detected hazards
  • Initiating automatic ventilation and equipment shutdown if all detectors have been triggered
  • Initiating an exhaust system

Machine Safety Shutdown Systems Market: Safety Shutdown Systems

Safety Shutdown Systems turn off facilities into so-called ‘safe states’ in any emergency situation, protecting human life, the machine and the environment. A safety shutdown system takes charge of all input and output relative to emergency shutdown functions. The safety shutdown systems can even be controlled by signals from the primary fire and gas systems.

Machine Safety Shutdown Systems Market: Emergency Depressurisation Systems

As a result of closing ESD valves, there could be some trapped flammable fluids that must be released to avoid any unforeseen consequences such as vessel pressure increase or piping. This is why emergency depressurization systems are used in tandem with emergency shutdown systems to release any trapped fluid to a safe location in a safe manner.

Machine Safety Shutdown Systems Market: Pressure Safety Valves

Pressure safety valves are typically used as a last safety solution where any previous systems are unable to prevent additional pressure accumulation. Pressure safety valves shield vessels from overpressure rupture on account of their specific action.

Machine Safety Shutdown Systems Market: Key Players

Some of the players in the machine safety shutdown systems market are Rockwell Automation, Honeywell, Yokogawa Electric Corporation, HIMA, Schneider Electric, Siemens, Emerson and ABB.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Machine Safety Shutdown Systems Market

Pre Book