North America Emergency Shutdown Systems Market to 2027 - Regional Analysis and Forecasts by Component (Switches, Sensors, Programmable Safety Systems, Safety Valves, Actuators, Others); Control Method (Pneumatic, Electrical, Fiber Optic, Hydraulic); End User Industry (Oil & Gas, Refining, Power Generation, Chemical, and Others); and Country
The emergency shutdown systems market in North America is expected to grow from US$ 306.40Mn in 2018 to US$ 462.57 Mn by the year 2027 at a CAGR of 4.8% during the forecast period.
The increased demand from regional authorities for higher safety in countries such as the US and Canada encourages the growth of the emergency shutdown systems market.
It is anticipated that rising oil and gas prices and growing upstream activities will increase the growth for emergency shutdown systems market, especially from off-shore establishments as the demand for ESD systems comes from midstream, upstream, and downstream oil refinery activities. Laws and regulations such as the Bureau of Safety and Environmental Enforcement (BSEE) enforce safety and environmental laws for the off-shore oil and gas industry in the US, among others. However, limited penetration across SMEs in emerging economies and narrow scope for cross vertical standardization might hamper the emergency shutdown systems market growth during the forecast period. One of the latest trends impacting emergency shutdown systems market growth is the automated industrial control system.
North America emergency shutdown system market is expected to grow at a good CAGR during the forecast period. The surge in the demand for minimizing hydrocarbon leakages, especially in off-shore oilfield-based projects, is one of the major factors driving the emergency shutdown systems market.
Mexico Emergency Shutdown System Market Revenue and Forecasts to 2027 (US$ Mn)
North America Emergency Shutdown System Market–Segmentation
North America Emergency Shutdown System Market By Component
- Switches
- Sensors
- Programmable Safety System
- Safety Valves
- Actuators
- Others
North America Emergency Shutdown System Market By Control Method
- Pneumatic
- Electrical
- Fiber Optic
- Hydraulic
North America Emergency Shutdown System Market By End User Industry
- Oil & Gas
- Refining
- Power Generation
- Chemical
- Others
North America Emergency Shutdown System Market By Country
- US
- Canada
- Mexico
North America Emergency Shutdown System Market-Companies Mentioned
- Siemens AG
- ABB Ltd.
- Emerson Electric Co.
- General Electric Company
- Honeywell International Inc.
- National Oilwell Varco, Inc.
- Cameron International Corporation
- OMRON Corporation
- Schneider Electric SE
- Yokogawa Electric Corporation
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Emergency Shutdown Systems Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insight
5. Emergency Shutdown Systems Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Rising Oil & Gas prices and Growing upstream activities will Increase the Growth for Emergency Shutdown Systems
5.1.2 Consolidation of Industrial Control Systems for Minimize the Catastrophic Accidents
5.2 Restraints
5.2.1 High Initial Investment for SMEs
5.3 Opportunities
5.3.1 Integration of IoT-enabled Services Within ESD for Increasing Overall Productivity
5.4 Trends
5.4.1 Supervisory Control and Data Acquisition (SCADA)
5.5 Impact Analysis of Drivers and Restraints
6. Emergency Shutdown System Market – Global Market Analysis
6.1 North America Emergency shutdown system Market Forecast and Analysis
7. North America Emergency Shutdown Systems Market– By Component
7.1 Overview
7.2 North America Emergency Shutdown Systems Market Breakdown, by Component, 2018 & 2027
7.3 Switches
7.3.1 Overview
7.3.2 North America Emergency Shutdown Systems Market for Switches, Revenue and Forecast to 2027 (US$ Mn)
7.4 Sensors
7.4.1 Overview
7.4.2 North America Emergency Shutdown Systems Market for Sensors, Revenue and Forecast to 2027 (US$ Mn)
7.5 Programmable Safety Systems
7.5.1 Overview
7.5.2 North America Emergency Shutdown Systems Market for Programmable Safety Systems, Revenue and Forecast to 2027 (US$ Mn)
7.6 Safety Valves
7.6.1 Overview
7.6.2 North America Emergency Shutdown Systems Market for Safety Valves, Revenue and Forecast to 2027 (US$ Mn)
7.7 Actuators
7.7.1 Overview
7.7.2 North America Emergency Shutdown Systems Market for Actuators, Revenue and Forecast to 2027 (US$ Mn)
7.8 Other Components
7.8.1 Overview
7.8.2 Emergency Shutdown Systems Market for Other Components, Revenue and Forecast to 2027 (US$ Mn)
8. Emergency Shutdown System Market – By Control Method
8.1 Overview
8.2 North America Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027
8.3 Pneumatic
8.3.1 Overview
8.3.2 North America Emergency Shutdown Systems Market for Pneumatic Control, Revenue and Forecast to 2027 (US$ Mn)
8.4 Electrical
8.4.1 Overview
8.4.2 North America Emergency Shutdown Systems Market for Electrical Control, Revenue and Forecast to 2027 (US$ Mn)
8.5 Fibre-optic
8.5.1 Overview
8.5.2 North America Emergency Shutdown Systems Market for Fiber-optic Control, Revenue and Forecast to 2027 (US$ Mn)
8.6 Hydraulic
8.6.1 Overview
8.6.2 North America Emergency Shutdown Systems Market for Hydraulic Control, Revenue and Forecast to 2027 (US$ Mn)
9. North America Emergency Shutdown System Market – By End-User Industry
9.1 Overview
9.2 North America Emergency Shutdown System Market Breakdown, by End-User Industry, 2018 and 2027
9.3 Oil & Gas
9.3.1 Overview
9.3.2 North America Emergency Shutdown System Market for Oil & Gas, Revenue and Forecast to 2027 (US$ Mn)
9.4 Refining
9.4.1 Overview
9.4.2 North America Emergency Shutdown System Market for Refining, Revenue and Forecast to 2027 (US$ Mn)
9.5 Power Generation
9.5.1 Overview
9.5.2 North America Emergency Shutdown System Market for Power Generation, Revenue and Forecast to 2027 (US$ Mn)
9.6 Chemicals
9.6.1 Overview
9.6.2 North America Emergency Shutdown System Market for Chemicals, Revenue and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 North America Emergency Shutdown System Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
10. North America Emergency Shutdown Systems Market -Country Analysis
10.1 North America Emergency Shutdown System Market, Revenue and Forecast to 2027
10.1.1 Overview
10.1.2 North America Emergency Shutdown System Market Breakdown, by Country
10.1.2.1 US Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.2.1.1 US Emergency Shutdown System Market Breakdown, by Component
10.1.2.1.2 US Emergency Shutdown System Market Breakdown, by Control Method
10.1.2.1.3 US Emergency Shutdown System Market Breakdown, by End-user industry
10.1.2.2 Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.2.3 Canada Emergency Shutdown System Market Breakdown, by Component
10.1.2.4 Canada Emergency Shutdown System Market Breakdown, by Control Method
10.1.2.5 Canada Emergency Shutdown System Market Breakdown, by End-user industry
10.1.2.6 Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.2.6.1 Mexico Emergency Shutdown System Market Breakdown, by Component
10.1.2.6.2 Mexico Emergency Shutdown System Market Breakdown, by Control Method
10.1.2.6.3 Mexico Emergency Shutdown System Market Breakdown, by End-user Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Siemens AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 ABB Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Emerson Electric Co.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 General Electric Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 National Oilwell Varco, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Cameron International Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 OMRON Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schneider Electric SE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Yokogawa Electric Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. North America Emergency shutdown system Market Revenue and Forecast to 2027 (US$ Mn)
Table 2. US Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 3. US Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 4. US Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 5. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 6. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control method (US$ Mn)
Table 7. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user industry (US$ Mn)
Table 8. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Component (US$ Mn)
Table 9. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 – By Control Method (US$ Mn)
Table 10. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 – By End-user Industry (US$ Mn)
Table 11. Glossary of Terms, Emergency Shutdown Systems Market
LIST OF FIGURES
Figure 1. North America Emergency Shutdown Systems Market Segmentation
Figure 2. North America Emergency Shutdown Systems Market Segmentation – By Country
Figure 3. North America Emergency Shutdown System Market – Overview
Figure 4. Emergency Shutdown System Market – Strategic Analysis
Figure 5. North America Emergency Shutdown System Market – Component
Figure 6. North America Emergency Shutdown System Market – Control Method
Figure 7. Emergency Shutdown System Market – End-user Industry
Figure 8. North America PEST Analysis
Figure 9. Ecosystem Analysis – Emergency Shutdown System Market
Figure 10. Expert Opinion
Figure 11. Impact Analysis: Drivers and Restraints Pertaining to Emergency Shutdown Systems Market
Figure 12. North America Emergency shutdown system Market Forecast and Analysis, (US$ Mn)
Figure 13. North America Emergency Shutdown Systems Market Breakdown, by Component, 2018 & 2027 (%)
Figure 14. North America Emergency Shutdown Systems Market for Switches, Revenue and Forecast to 2027 (US$ Mn)
Figure 15. North America Emergency Shutdown Systems Market for Sensors, Revenue and Forecast to 2027 (US$ Mn)
Figure 16. North America Emergency Shutdown Systems Market for Programmable Safety Systems, Revenue and Forecast to 2027 (US$ Mn)
Figure 17. North America Emergency Shutdown Systems Market for Safety Valves, Revenue and Forecast to 2027 (US$ Mn)
Figure 18. North America Emergency Shutdown Systems Market for Actuators, Revenue and Forecast to 2027 (US$ Mn)
Figure 19. North America Emergency Shutdown Systems Market for Other Components, Revenue and Forecast to 2027 (US$ Mn)
Figure 20. North America Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027 (%)
Figure 21. North America Emergency Shutdown Systems Market for Pneumatic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 22. North America Emergency Shutdown Systems Market Electrical Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 23. North America Emergency Shutdown Systems Market for Fiber-optic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 24. North America Emergency Shutdown Systems Market for Hydraulic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Emergency Shutdown System Market Breakdown, by End-User Industry, 2018 and 2027 (%)
Figure 26. North America Emergency Shutdown System Market for Oil & Gas, Revenue and Forecast to 2027 (US$ Mn)
Figure 27. North America Emergency Shutdown System Market for Refining, Revenue and Forecast to 2027 (US$ Mn)
Figure 28. North America Emergency Shutdown System Market for Power Generation, Revenue and Forecast to 2027 (US$ Mn)
Figure 29. North America Emergency Shutdown System Market for Chemicals, Revenue and Forecast to 2027 (US$ Mn)
Figure 30. North America Emergency Shutdown System Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
Figure 31. North America Emergency Shutdown System Market Breakdown, by Country, 2018 and 2027(%)
Figure 32. US Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Canada Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 34. Mexico Emergency Shutdown System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Emergency Shutdown system Market, Industry Landscape (2016-2019) %
The List of Companies - North America Emergency Shudown System Market
- Siemens AG
- ABB Ltd.
- Emerson Electric Co.
- General Electric Company
- Honeywell International Inc.
- National Oilwell Varco, Inc.
- Cameron International Corporation
- OMRON Corporation
- Schneider Electric SE
- Yokogawa Electric Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America emergency shutdown system market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution