Envision Report

Published January 18, 2018

North America Emergency Shut Down System Market – Size, Outlook, Trends and Forecasts (2018 – 2024)

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Emergency shutdown systems came into existence to protect human life and plant equipment and avoid the chances of the unnecessary plant shutdown. Emergency shutdown systems provide safe operations. This system is designed to minimize the consequences of emergency situations. It reduces the occurrences of the hazardous situations. During the hazardous situations like hydrocarbons escape, uncontrolled flooding etc are handled by the emergency system by the intimation of halt, shutdown of unit, plant or any specific equipment.

North America Emergency Shutdown System Market Segments Size & Growth:

North America Emergency System Market is expected to increase by an $ XX Billion by 2024 at a CAGR of 7 %. increasing number of catastrophic accidents, governments strict regulatory policies for industrial safety, growing number of large-scale production projects which needs more sophisticated plant control systems and the augmenting demand for the ESDs due to the rapid expansion of oil and gas industry are the major drivers of the growth of emergency shutdown system market.

North America Emergency Shutdown System Market Segments Share:

North America Emergency Shutdown System market is segmented into the control methods which includes Pneumatic, radio telemetry, Electrical and Fiber Optic. Based on the components, North America Emergency Shutdown System is subdivided into Actuators, controllers &trip relays, valves, field mounted safety system and system logic solvers. However, it takes more time for the system logic solvers to solve the problem other methods have more scope. Remote shutdown valves are having the high percentage of usage.

Oil & gas occupies a major share of emergency shutdown market. Power generation holds the highest market when safety has become the main concern. Based on geography, America holds the largest growing, market increasing industrial, machine safety emphasis by the organizations, Industrialization, and influence of companies in the adoption of safety systems are the driving the growth in this region.

North America Emergency Shutdown System Market Research Report:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
  • Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
  • Identifying DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
  • Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.
  • Honeywell International Inc
  • ABB Ltd
  • Siemens AG
  • Rockwell Automation
  • Schneider Electric

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Strict regularity measures by the many governments for industrial safety

4.1.2 increasing number of global catastrophic accidents.

4.1.3 Augmenting demand for the safety systems in oil and gas

4.2 Restraints

4.2.1 Complexities in safety designs and lack of awareness

4.2.2 High maintenance costs

4.3 Opportunities

4.3.1 Rapid development of IOT based technologies will improve the growth of market

4.4 Challenges

4.4.1 Poor common standards in the market

4.4.2 Rising complexity of safety applications

Chapter 5 North America Emergency Shutdown Market – By Control Methods

5.1 pneumatic

5.2 Radio Telemetry

5.3 Electrical

5.4 Fiber Optic

Chapter 6 North America Emergency Shutdown Market – By Components

6.1 Actuators

6.2 Controllers & Trip relays

6.3 Valves

6.4 Field mounted safety sensors

6.5 System logic Solvers

Chapter 7 North America Emergency Shutdown Market – By End-User

7.1 Refining

7.2 Mining

7.3 Paper & Pulp

7.4 Chemicals

7.5 Oil & Gas

7.6 Power generation

7.7 Others

Chapter 8 North America Emergency Shutdown Market – By Geography

7.1. Introduction

7.2 North America

7.2.1 U.S.

7.2.2 Canada

7.2.3 Mexico

Chapter 9 North America Emergency Shutdown Market – Company Profiles

9.1 Honeywell International Inc

9.2 ABB Ltd

9.3 Siemens AG

9.4 Rockwell Automation

9.5 Schneider Electric

9.6 Omron

9.7 Hima Paul Hildebrandt Gmbh

9.8 Yokogawa Electric Corp

9.9 General Electric

9.10 Proserv Ingenious Simplicity

9.11 Emerson Electric Co.

Chapter 10 North America Emergency Shutdown Market – Competitive Landscape

10.1. Market Share Analysis

10.2. Strategies Adopted by top companies

10.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 11 Market Insights

11.1. Industry Experts Insights

11.2. Analysts Opinions

11.3. Investment Opportunities

Chapter 12 Appendix

12.1 List of Tables

12.2 List of Figures

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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