Industrial Safety Au

The increasing demands from manufacturing expansion into China and India are fueling healthy growth in safety systems. The worldwide market is expected to grow at a healthy compounded annual growth rate (CAGR) in 2014. The process safety system market will be capable to involve into robust growth in the process safety systems marketplace through 2020 in an environment of increasing regulation, standards adoption, and new approaches to process safety. Process automation application players throughout the world view process safety systems as more than just a blackout system.

In today’s scenario, it is hard to imagine the industrial safety without automation systems. The demand for safety automation is expected to grow due to the increased requirements of high product quality, paired with expectations of equally reliable high volume production.

Industry safety automation includes all automation and instrumentation equipment that serve to control and monitor the various processes within the industries. Growing trends in automation is characterized by functional integration and geographic distribution. On the technical level, the goal is to easily connect devices and software components from different vendors. Functionally, there is a need for interoperability of control functions on different hierarchical levels ranging from field equipment to process control, operations management and various internet-based service applications. They also include non-process related measurement, control and monitoring systems such as storage tanks and utilities.

The industry segments that use automation are divided into Power, Automotive, Oil & Gas (Production and Transmission), Chemicals, Food & Beverage, Pulp & Paper, Plastics, Textiles, OEM’s and all Other (Stone, Clay and Glass, Semiconductor etc.).

There are various reasons for investing in automation; for instance, it serves to enhance the product quality in highly industrialized countries, improves the plant efficiency, and lowers emissions. Mastering mass production is the motive behind applying factory automation systems in the fast developing countries. High product quality, low power consumption, and the other environmental aspects are gaining importance in the present scenario.

Development of factory automation affects employment and capable of increasing the income of an enterprise or entire national economy, as demonstrated in manufacturing hubs like Germany and Japan. Emerging markets for factory automation include high growth industries in Brazil, China, India, and other developing Asian countries.

ABB LTD (Switzerland), Emerson Electric CO (U.S.), General Electric (U.S.), Honeywell International (U.S.), SEIMENS AG (Germany), Texas Instruments INC. (U.S.), Schneider Electric (France) and Yokogawa Electric CO. (Japan) are the key players in the industrial safety automation market.