Industrial, Manufacturing & Heavy Industry Market News

New study: Global process safety system market analysis and forecast 2017 - 2025

Industrial Market Research

Key players in the global process safety system market include General Electric Company, Rockwell Automation Inc., ABB Ltd., Emerson Electric Co., Honeywell International Inc., HIMA Paul Hildebrandt GmbH, Integraph Corporation, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corporation among others.

The foremost factor driving the global process safety system market Make an Inquiry about this news is adoption of safe operational practices in process industries. The deployment of process safety system ensures prevention of explosions, accidental chemical releases, and fires in chemical and other hazardous industries.

Further, deployment of process safety system prevents operational disruption due to equipment malfunction, over-temperature, metal fatigue, over-pressure, spills, leaks, and other factors.

On the downside, negligence to adopt contingency measures to combat process pitfalls is challenging the growth of global process safety system market.