1 Report Overview
    1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Functional Safety Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
        1.2.2 Emergency shutdown System
        1.2.3 Turbomachinery Control
        1.2.4 Fire and Gas Monitoring Control
        1.2.5 High Integrity Pressure Protection Systems
        1.2.6 Battery Management Systems
        1.2.7 Supervisory Control and Data Acquisition
        1.2.8 Distributed Control Systems
    1.3 Market by Application
        1.3.1 Global Functional Safety Market Share by Application: 2017 VS 2021 VS 2028
        1.3.2 Chemical
        1.3.3 Food And Drink
        1.3.4 Water And Sewage
        1.3.5 Pharmaceuticals
        1.3.6 Biotechnology
        1.3.7 Metals & Mining
        1.3.8 Other
    1.4 Study Objectives
    1.5 Years Considered
2 Global Growth Trends
    2.1 Global Functional Safety Market Perspective (2017-2028)
    2.2 Functional Safety Growth Trends by Region
        2.2.1 Functional Safety Market Size by Region: 2017 VS 2021 VS 2028
        2.2.2 Functional Safety Historic Market Size by Region (2017-2022)
        2.2.3 Functional Safety Forecasted Market Size by Region (2023-2028)
    2.3 Functional Safety Market Dynamics
        2.3.1 Functional Safety Industry Trends
        2.3.2 Functional Safety Market Drivers
        2.3.3 Functional Safety Market Challenges
        2.3.4 Functional Safety Market Restraints
3 Competition Landscape by Key Players
    3.1 Global Top Functional Safety Players by Revenue
        3.1.1 Global Top Functional Safety Players by Revenue (2017-2022)
        3.1.2 Global Functional Safety Revenue Market Share by Players (2017-2022)
    3.2 Global Functional Safety Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Functional Safety Revenue
    3.4 Global Functional Safety Market Concentration Ratio
        3.4.1 Global Functional Safety Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Functional Safety Revenue in 2021
    3.5 Functional Safety Key Players Head office and Area Served
    3.6 Key Players Functional Safety Product Solution and Service
    3.7 Date of Enter into Functional Safety Market
    3.8 Mergers & Acquisitions, Expansion Plans
4 Functional Safety Breakdown Data by Type
    4.1 Global Functional Safety Historic Market Size by Type (2017-2022)
    4.2 Global Functional Safety Forecasted Market Size by Type (2023-2028)
5 Functional Safety Breakdown Data by Application
    5.1 Global Functional Safety Historic Market Size by Application (2017-2022)
    5.2 Global Functional Safety Forecasted Market Size by Application (2023-2028)
6 North America
    6.1 North America Functional Safety Market Size (2017-2028)
    6.2 North America Functional Safety Market Size by Country (2017-2022)
    6.3 North America Functional Safety Market Size by Country (2023-2028)
    6.4 United States
    6.5 Canada
7 Europe
    7.1 Europe Functional Safety Market Size (2017-2028)
    7.2 Europe Functional Safety Market Size by Country (2017-2022)
    7.3 Europe Functional Safety Market Size by Country (2023-2028)
    7.4 Germany
    7.5 France
    7.6 U.K.
    7.7 Italy
    7.8 Russia
    7.9 Nordic Countries
8 Asia-Pacific
    8.1 Asia-Pacific Functional Safety Market Size (2017-2028)
    8.2 Asia-Pacific Functional Safety Market Size by Country (2017-2022)
    8.3 Asia-Pacific Functional Safety Market Size by Country (2023-2028)
    8.4 China
    8.5 Japan
    8.6 South Korea
    8.7 Southeast Asia
    8.8 India
    8.9 Australia
9 Latin America
    9.1 Latin America Functional Safety Market Size (2017-2028)
    9.2 Latin America Functional Safety Market Size by Country (2017-2022)
    9.3 Latin America Functional Safety Market Size by Country (2023-2028)
    9.4 Mexico
    9.5 Brazil
10 Middle East & Africa
    10.1 Middle East & Africa Functional Safety Market Size (2017-2028)
    10.2 Middle East & Africa Functional Safety Market Size by Country (2017-2022)
    10.3 Middle East & Africa Functional Safety Market Size by Country (2023-2028)
    10.4 Turkey
    10.5 Saudi Arabia
    10.6 UAE
11 Key Players Profiles
    11.1 Siemens
        11.1.1 Siemens Company Detail
        11.1.2 Siemens Business Overview
        11.1.3 Siemens Functional Safety Introduction
        11.1.4 Siemens Revenue in Functional Safety Business (2017-2022)
        11.1.5 Siemens Recent Development
    11.2 ABB
        11.2.1 ABB Company Detail
        11.2.2 ABB Business Overview
        11.2.3 ABB Functional Safety Introduction
        11.2.4 ABB Revenue in Functional Safety Business (2017-2022)
        11.2.5 ABB Recent Development
    11.3 Honeywell
        11.3.1 Honeywell Company Detail
        11.3.2 Honeywell Business Overview
        11.3.3 Honeywell Functional Safety Introduction
        11.3.4 Honeywell Revenue in Functional Safety Business (2017-2022)
        11.3.5 Honeywell Recent Development
    11.4 General Electric
        11.4.1 General Electric Company Detail
        11.4.2 General Electric Business Overview
        11.4.3 General Electric Functional Safety Introduction
        11.4.4 General Electric Revenue in Functional Safety Business (2017-2022)
        11.4.5 General Electric Recent Development
    11.5 Schneider Electric
        11.5.1 Schneider Electric Company Detail
        11.5.2 Schneider Electric Business Overview
        11.5.3 Schneider Electric Functional Safety Introduction
        11.5.4 Schneider Electric Revenue in Functional Safety Business (2017-2022)
        11.5.5 Schneider Electric Recent Development
    11.6 Rockwell Automation
        11.6.1 Rockwell Automation Company Detail
        11.6.2 Rockwell Automation Business Overview
        11.6.3 Rockwell Automation Functional Safety Introduction
        11.6.4 Rockwell Automation Revenue in Functional Safety Business (2017-2022)
        11.6.5 Rockwell Automation Recent Development
    11.7 Emerson Electric
        11.7.1 Emerson Electric Company Detail
        11.7.2 Emerson Electric Business Overview
        11.7.3 Emerson Electric Functional Safety Introduction
        11.7.4 Emerson Electric Revenue in Functional Safety Business (2017-2022)
        11.7.5 Emerson Electric Recent Development
    11.8 Honeywell International
        11.8.1 Honeywell International Company Detail
        11.8.2 Honeywell International Business Overview
        11.8.3 Honeywell International Functional Safety Introduction
        11.8.4 Honeywell International Revenue in Functional Safety Business (2017-2022)
        11.8.5 Honeywell International Recent Development
    11.9 HIMA Paul Hildebrandt
        11.9.1 HIMA Paul Hildebrandt Company Detail
        11.9.2 HIMA Paul Hildebrandt Business Overview
        11.9.3 HIMA Paul Hildebrandt Functional Safety Introduction
        11.9.4 HIMA Paul Hildebrandt Revenue in Functional Safety Business (2017-2022)
        11.9.5 HIMA Paul Hildebrandt Recent Development
    11.10 Endress+Hauser Management
        11.10.1 Endress+Hauser Management Company Detail
        11.10.2 Endress+Hauser Management Business Overview
        11.10.3 Endress+Hauser Management Functional Safety Introduction
        11.10.4 Endress+Hauser Management Revenue in Functional Safety Business (2017-2022)
        11.10.5 Endress+Hauser Management Recent Development
    11.11 TUV Rheinland
        11.11.1 TUV Rheinland Company Detail
        11.11.2 TUV Rheinland Business Overview
        11.11.3 TUV Rheinland Functional Safety Introduction
        11.11.4 TUV Rheinland Revenue in Functional Safety Business (2017-2022)
        11.11.5 TUV Rheinland Recent Development
    11.12 Omron
        11.12.1 Omron Company Detail
        11.12.2 Omron Business Overview
        11.12.3 Omron Functional Safety Introduction
        11.12.4 Omron Revenue in Functional Safety Business (2017-2022)
        11.12.5 Omron Recent Development
    11.13 Yokogawa Electric
        11.13.1 Yokogawa Electric Company Detail
        11.13.2 Yokogawa Electric Business Overview
        11.13.3 Yokogawa Electric Functional Safety Introduction
        11.13.4 Yokogawa Electric Revenue in Functional Safety Business (2017-2022)
        11.13.5 Yokogawa Electric Recent Development
    11.14 DEKRA
        11.14.1 DEKRA Company Detail
        11.14.2 DEKRA Business Overview
        11.14.3 DEKRA Functional Safety Introduction
        11.14.4 DEKRA Revenue in Functional Safety Business (2017-2022)
        11.14.5 DEKRA Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details

List of Tables
    Table 1. Global Functional Safety Market Size Growth Rate by Type (US$ Million): 2017 VS 2021 VS 2028
    Table 2. Key Players of Emergency shutdown System
    Table 3. Key Players of Turbomachinery Control
    Table 4. Key Players of Fire and Gas Monitoring Control
    Table 5. Key Players of High Integrity Pressure Protection Systems
    Table 6. Key Players of Battery Management Systems
    Table 7. Key Players of Supervisory Control and Data Acquisition
    Table 8. Key Players of Distributed Control Systems
    Table 9. Global Functional Safety Market Size Growth by Application (US$ Million): 2017 VS 2021 VS 2028
    Table 10. Global Functional Safety Market Size by Region (US$ Million): 2017 VS 2021 VS 2028
    Table 11. Global Functional Safety Market Size by Region (2017-2022) & (US$ Million)
    Table 12. Global Functional Safety Market Share by Region (2017-2022)
    Table 13. Global Functional Safety Forecasted Market Size by Region (2023-2028) & (US$ Million)
    Table 14. Global Functional Safety Market Share by Region (2023-2028)
    Table 15. Functional Safety Market Trends
    Table 16. Functional Safety Market Drivers
    Table 17. Functional Safety Market Challenges
    Table 18. Functional Safety Market Restraints
    Table 19. Global Functional Safety Revenue by Players (2017-2022) & (US$ Million)
    Table 20. Global Functional Safety Market Share by Players (2017-2022)
    Table 21. Global Top Functional Safety Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Functional Safety as of 2021)
    Table 22. Ranking of Global Top Functional Safety Companies by Revenue (US$ Million) in 2021
    Table 23. Global 5 Largest Players Market Share by Functional Safety Revenue (CR5 and HHI) & (2017-2022)
    Table 24. Key Players Headquarters and Area Served
    Table 25. Key Players Functional Safety Product Solution and Service
    Table 26. Date of Enter into Functional Safety Market
    Table 27. Mergers & Acquisitions, Expansion Plans
    Table 28. Global Functional Safety Market Size by Type (2017-2022) & (US$ Million)
    Table 29. Global Functional Safety Revenue Market Share by Type (2017-2022)
    Table 30. Global Functional Safety Forecasted Market Size by Type (2023-2028) & (US$ Million)
    Table 31. Global Functional Safety Revenue Market Share by Type (2023-2028)
    Table 32. Global Functional Safety Market Size by Application (2017-2022) & (US$ Million)
    Table 33. Global Functional Safety Revenue Market Share by Application (2017-2022)
    Table 34. Global Functional Safety Forecasted Market Size by Application (2023-2028) & (US$ Million)
    Table 35. Global Functional Safety Revenue Market Share by Application (2023-2028)
    Table 36. North America Functional Safety Market Size by Country (2017-2022) & (US$ Million)
    Table 37. North America Functional Safety Market Size by Country (2023-2028) & (US$ Million)
    Table 38. Europe Functional Safety Market Size by Country (2017-2022) & (US$ Million)
    Table 39. Europe Functional Safety Market Size by Country (2023-2028) & (US$ Million)
    Table 40. Asia-Pacific Functional Safety Market Size by Region (2017-2022) & (US$ Million)
    Table 41. Asia-Pacific Functional Safety Market Size by Region (2023-2028) & (US$ Million)
    Table 42. Latin America Functional Safety Market Size by Country (2017-2022) & (US$ Million)
    Table 43. Latin America Functional Safety Market Size by Country (2023-2028) & (US$ Million)
    Table 44. Middle East & Africa Functional Safety Market Size by Country (2017-2022) & (US$ Million)
    Table 45. Middle East & Africa Functional Safety Market Size by Country (2023-2028) & (US$ Million)
    Table 46. Siemens Company Detail
    Table 47. Siemens Business Overview
    Table 48. Siemens Functional Safety Product
    Table 49. Siemens Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 50. Siemens Recent Development
    Table 51. ABB Company Detail
    Table 52. ABB Business Overview
    Table 53. ABB Functional Safety Product
    Table 54. ABB Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 55. ABB Recent Development
    Table 56. Honeywell Company Detail
    Table 57. Honeywell Business Overview
    Table 58. Honeywell Functional Safety Product
    Table 59. Honeywell Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 60. Honeywell Recent Development
    Table 61. General Electric Company Detail
    Table 62. General Electric Business Overview
    Table 63. General Electric Functional Safety Product
    Table 64. General Electric Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 65. General Electric Recent Development
    Table 66. Schneider Electric Company Detail
    Table 67. Schneider Electric Business Overview
    Table 68. Schneider Electric Functional Safety Product
    Table 69. Schneider Electric Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 70. Schneider Electric Recent Development
    Table 71. Rockwell Automation Company Detail
    Table 72. Rockwell Automation Business Overview
    Table 73. Rockwell Automation Functional Safety Product
    Table 74. Rockwell Automation Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 75. Rockwell Automation Recent Development
    Table 76. Emerson Electric Company Detail
    Table 77. Emerson Electric Business Overview
    Table 78. Emerson Electric Functional Safety Product
    Table 79. Emerson Electric Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 80. Emerson Electric Recent Development
    Table 81. Honeywell International Company Detail
    Table 82. Honeywell International Business Overview
    Table 83. Honeywell International Functional Safety Product
    Table 84. Honeywell International Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 85. Honeywell International Recent Development
    Table 86. HIMA Paul Hildebrandt Company Detail
    Table 87. HIMA Paul Hildebrandt Business Overview
    Table 88. HIMA Paul Hildebrandt Functional Safety Product
    Table 89. HIMA Paul Hildebrandt Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 90. HIMA Paul Hildebrandt Recent Development
    Table 91. Endress+Hauser Management Company Detail
    Table 92. Endress+Hauser Management Business Overview
    Table 93. Endress+Hauser Management Functional Safety Product
    Table 94. Endress+Hauser Management Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 95. Endress+Hauser Management Recent Development
    Table 96. TUV Rheinland Company Detail
    Table 97. TUV Rheinland Business Overview
    Table 98. TUV Rheinland Functional SafetyProduct
    Table 99. TUV Rheinland Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 100. TUV Rheinland Recent Development
    Table 101. Omron Company Detail
    Table 102. Omron Business Overview
    Table 103. Omron Functional SafetyProduct
    Table 104. Omron Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 105. Omron Recent Development
    Table 106. Yokogawa Electric Company Detail
    Table 107. Yokogawa Electric Business Overview
    Table 108. Yokogawa Electric Functional SafetyProduct
    Table 109. Yokogawa Electric Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 110. Yokogawa Electric Recent Development
    Table 111. DEKRA Company Detail
    Table 112. DEKRA Business Overview
    Table 113. DEKRA Functional SafetyProduct
    Table 114. DEKRA Revenue in Functional Safety Business (2017-2022) & (US$ Million)
    Table 115. DEKRA Recent Development
    Table 116. Research Programs/Design for This Report
    Table 117. Key Data Information from Secondary Sources
    Table 118. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Functional Safety Market Share by Type: 2021 VS 2028
    Figure 2. Emergency shutdown System Features
    Figure 3. Turbomachinery Control Features
    Figure 4. Fire and Gas Monitoring Control Features
    Figure 5. High Integrity Pressure Protection Systems Features
    Figure 6. Battery Management Systems Features
    Figure 7. Supervisory Control and Data Acquisition Features
    Figure 8. Distributed Control Systems Features
    Figure 9. Global Functional Safety Market Share by Application in 2021 & 2028
    Figure 10. Chemical Case Studies
    Figure 11. Food And Drink Case Studies
    Figure 12. Water And Sewage Case Studies
    Figure 13. Pharmaceuticals Case Studies
    Figure 14. Biotechnology Case Studies
    Figure 15. Metals & Mining Case Studies
    Figure 16. Other Case Studies
    Figure 17. Functional Safety Report Years Considered
    Figure 18. Global Functional Safety Market Size (US$ Million), Year-over-Year: 2017-2028
    Figure 19. Global Functional Safety Market Size, (US$ Million), 2017 VS 2021 VS 2028
    Figure 20. Global Functional Safety Market Share by Region: 2021 VS 2028
    Figure 21. Global Functional Safety Market Share by Players in 2021
    Figure 22. Global Top Functional Safety Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Functional Safety as of 2021)
    Figure 23. The Top 10 and 5 Players Market Share by Functional Safety Revenue in 2021
    Figure 24. North America Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 25. North America Functional Safety Market Share by Country (2017-2028)
    Figure 26. United States Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 27. Canada Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 28. Europe Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 29. Europe Functional Safety Market Share by Country (2017-2028)
    Figure 30. Germany Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 31. France Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 32. U.K. Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 33. Italy Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 34. Russia Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 35. Nordic Countries Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 36. Asia-Pacific Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 37. Asia-Pacific Functional Safety Market Share by Region (2017-2028)
    Figure 38. China Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 39. Japan Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 40. South Korea Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 41. Southeast Asia Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 42. India Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 43. Australia Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 44. Latin America Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 45. Latin America Functional Safety Market Share by Country (2017-2028)
    Figure 46. Mexico Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 47. Brazil Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 48. Middle East & Africa Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 49. Middle East & Africa Functional Safety Market Share by Country (2017-2028)
    Figure 50. Turkey Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 51. Saudi Arabia Functional Safety Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 52. Siemens Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 53. ABB Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 54. Honeywell Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 55. General Electric Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 56. Schneider Electric Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 57. Rockwell Automation Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 58. Emerson Electric Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 59. Honeywell International Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 60. HIMA Paul Hildebrandt Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 61. Endress+Hauser Management Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 62. TUV Rheinland Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 63. Omron Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 64. Yokogawa Electric Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 65. DEKRA Revenue Growth Rate in Functional Safety Business (2017-2022)
    Figure 66. Bottom-up and Top-down Approaches for This Report
    Figure 67. Data Triangulation
    Figure 68. Key Executives Interviewed