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Global Functional Safety Device Market Research Report 2025
Published Date: March 2025
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Report Code: QYRE-Auto-28W9019
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Global Functional Safety Device Market Insights and Forecast to 2028
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Global Functional Safety Device Market Research Report 2025

Code: QYRE-Auto-28W9019
Report
March 2025
Pages:114
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Functional Safety Device Market Size

The global market for Functional Safety Device was valued at US$ 7474 million in the year 2024 and is projected to reach a revised size of US$ 13130 million by 2031, growing at a CAGR of 8.5% during the forecast period.

Functional Safety Device Market

Functional Safety Device Market

Global players of Functional Safety Device include Siemens, ABB, Schneider, Honeywell, Rockwell Automation and Mitsubishi Electric, etc. Top five players occupy for share about 64%. Europe is the largest market, with a share about 40%, followed by North America and China. In terms of product, Safety sensors is the largest segment, with a share over 25%. In terms of application, Oil and gas is the largest market, with a share about 24%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Functional Safety Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Functional Safety Device.
The Functional Safety Device market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Functional Safety Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Functional Safety Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Functional Safety Device Market Report

Report Metric Details
Report Name Functional Safety Device Market
Accounted market size in year US$ 7474 million
Forecasted market size in 2031 US$ 13130 million
CAGR 8.5%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Safety Sensors
  • Safety PLCs
  • Safety Relays
  • Safety Valve
  • Safe Actuator
  • Safety Switches
  • Others
by Application
  • Automobile
  • Rail Transit
  • Chemical Engineering
  • Oil and Gas
  • Medical
  • Electric Power
  • Elevator Escalator
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
  • South Korea
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric, GE, Omron, TE Connectivity, SICK, PILZ, HIMA Paul Hildebrandt, Endress+Hauser, Eaton
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Functional Safety Device manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Functional Safety Device by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Functional Safety Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Functional Safety Device Market growing?

Ans: The Functional Safety Device Market witnessing a CAGR of 8.5% during the forecast period 2025-2031.

What is the Functional Safety Device Market size in 2031?

Ans: The Functional Safety Device Market size in 2031 will be US$ 13130 million.

What is the market share of major companies in Functional Safety Device Market?

Ans: Top five players occupy for share about 64%.

What is the Functional Safety Device Market share by region?

Ans: Europe is the largest market, with a share about 40%, followed by North America and China.

What is the Functional Safety Device Market share by type?

Ans: In terms of product, Safety sensors is the largest segment, with a share over 25%.

What is the Functional Safety Device Market share by application?

Ans: In terms of application, Oil and gas is the largest market, with a share about 24%.

Who are the main players in the Functional Safety Device Market report?

Ans: The main players in the Functional Safety Device Market are Siemens, ABB, Schneider, Honeywell, Rockwell Automation, Mitsubishi Electric, Emerson, Yokogawa Electric, GE, Omron, TE Connectivity, SICK, PILZ, HIMA Paul Hildebrandt, Endress+Hauser, Eaton

What are the Application segmentation covered in the Functional Safety Device Market report?

Ans: The Applications covered in the Functional Safety Device Market report are Automobile, Rail Transit, Chemical Engineering, Oil and Gas, Medical, Electric Power, Elevator Escalator, Others

What are the Type segmentation covered in the Functional Safety Device Market report?

Ans: The Types covered in the Functional Safety Device Market report are Safety Sensors, Safety PLCs, Safety Relays, Safety Valve, Safe Actuator, Safety Switches, Others

1 Functional Safety Device Market Overview
1.1 Product Definition
1.2 Functional Safety Device by Type
1.2.1 Global Functional Safety Device Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Safety Sensors
1.2.3 Safety PLCs
1.2.4 Safety Relays
1.2.5 Safety Valve
1.2.6 Safe Actuator
1.2.7 Safety Switches
1.2.8 Others
1.3 Functional Safety Device by Application
1.3.1 Global Functional Safety Device Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Automobile
1.3.3 Rail Transit
1.3.4 Chemical Engineering
1.3.5 Oil and Gas
1.3.6 Medical
1.3.7 Electric Power
1.3.8 Elevator Escalator
1.3.9 Others
1.4 Global Market Growth Prospects
1.4.1 Global Functional Safety Device Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Functional Safety Device Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Functional Safety Device Production Estimates and Forecasts (2020-2031)
1.4.4 Global Functional Safety Device Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Functional Safety Device Production Market Share by Manufacturers (2020-2025)
2.2 Global Functional Safety Device Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Functional Safety Device, Industry Ranking, 2023 VS 2024
2.4 Global Functional Safety Device Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Functional Safety Device Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Functional Safety Device, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Functional Safety Device, Product Offered and Application
2.8 Global Key Manufacturers of Functional Safety Device, Date of Enter into This Industry
2.9 Functional Safety Device Market Competitive Situation and Trends
2.9.1 Functional Safety Device Market Concentration Rate
2.9.2 Global 5 and 10 Largest Functional Safety Device Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Functional Safety Device Production by Region
3.1 Global Functional Safety Device Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Functional Safety Device Production Value by Region (2020-2031)
3.2.1 Global Functional Safety Device Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Functional Safety Device by Region (2026-2031)
3.3 Global Functional Safety Device Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Functional Safety Device Production Volume by Region (2020-2031)
3.4.1 Global Functional Safety Device Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Functional Safety Device by Region (2026-2031)
3.5 Global Functional Safety Device Market Price Analysis by Region (2020-2025)
3.6 Global Functional Safety Device Production and Value, Year-over-Year Growth
3.6.1 North America Functional Safety Device Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Functional Safety Device Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Functional Safety Device Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Functional Safety Device Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea Functional Safety Device Production Value Estimates and Forecasts (2020-2031)
4 Functional Safety Device Consumption by Region
4.1 Global Functional Safety Device Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Functional Safety Device Consumption by Region (2020-2031)
4.2.1 Global Functional Safety Device Consumption by Region (2020-2025)
4.2.2 Global Functional Safety Device Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Functional Safety Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Functional Safety Device Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Functional Safety Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Functional Safety Device Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Functional Safety Device Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Functional Safety Device Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Functional Safety Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Functional Safety Device Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Functional Safety Device Production by Type (2020-2031)
5.1.1 Global Functional Safety Device Production by Type (2020-2025)
5.1.2 Global Functional Safety Device Production by Type (2026-2031)
5.1.3 Global Functional Safety Device Production Market Share by Type (2020-2031)
5.2 Global Functional Safety Device Production Value by Type (2020-2031)
5.2.1 Global Functional Safety Device Production Value by Type (2020-2025)
5.2.2 Global Functional Safety Device Production Value by Type (2026-2031)
5.2.3 Global Functional Safety Device Production Value Market Share by Type (2020-2031)
5.3 Global Functional Safety Device Price by Type (2020-2031)
6 Segment by Application
6.1 Global Functional Safety Device Production by Application (2020-2031)
6.1.1 Global Functional Safety Device Production by Application (2020-2025)
6.1.2 Global Functional Safety Device Production by Application (2026-2031)
6.1.3 Global Functional Safety Device Production Market Share by Application (2020-2031)
6.2 Global Functional Safety Device Production Value by Application (2020-2031)
6.2.1 Global Functional Safety Device Production Value by Application (2020-2025)
6.2.2 Global Functional Safety Device Production Value by Application (2026-2031)
6.2.3 Global Functional Safety Device Production Value Market Share by Application (2020-2031)
6.3 Global Functional Safety Device Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Siemens
7.1.1 Siemens Functional Safety Device Company Information
7.1.2 Siemens Functional Safety Device Product Portfolio
7.1.3 Siemens Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Siemens Main Business and Markets Served
7.1.5 Siemens Recent Developments/Updates
7.2 ABB
7.2.1 ABB Functional Safety Device Company Information
7.2.2 ABB Functional Safety Device Product Portfolio
7.2.3 ABB Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.2.4 ABB Main Business and Markets Served
7.2.5 ABB Recent Developments/Updates
7.3 Schneider
7.3.1 Schneider Functional Safety Device Company Information
7.3.2 Schneider Functional Safety Device Product Portfolio
7.3.3 Schneider Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Schneider Main Business and Markets Served
7.3.5 Schneider Recent Developments/Updates
7.4 Honeywell
7.4.1 Honeywell Functional Safety Device Company Information
7.4.2 Honeywell Functional Safety Device Product Portfolio
7.4.3 Honeywell Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Honeywell Main Business and Markets Served
7.4.5 Honeywell Recent Developments/Updates
7.5 Rockwell Automation
7.5.1 Rockwell Automation Functional Safety Device Company Information
7.5.2 Rockwell Automation Functional Safety Device Product Portfolio
7.5.3 Rockwell Automation Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Rockwell Automation Main Business and Markets Served
7.5.5 Rockwell Automation Recent Developments/Updates
7.6 Mitsubishi Electric
7.6.1 Mitsubishi Electric Functional Safety Device Company Information
7.6.2 Mitsubishi Electric Functional Safety Device Product Portfolio
7.6.3 Mitsubishi Electric Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Mitsubishi Electric Main Business and Markets Served
7.6.5 Mitsubishi Electric Recent Developments/Updates
7.7 Emerson
7.7.1 Emerson Functional Safety Device Company Information
7.7.2 Emerson Functional Safety Device Product Portfolio
7.7.3 Emerson Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Emerson Main Business and Markets Served
7.7.5 Emerson Recent Developments/Updates
7.8 Yokogawa Electric
7.8.1 Yokogawa Electric Functional Safety Device Company Information
7.8.2 Yokogawa Electric Functional Safety Device Product Portfolio
7.8.3 Yokogawa Electric Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Yokogawa Electric Main Business and Markets Served
7.8.5 Yokogawa Electric Recent Developments/Updates
7.9 GE
7.9.1 GE Functional Safety Device Company Information
7.9.2 GE Functional Safety Device Product Portfolio
7.9.3 GE Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.9.4 GE Main Business and Markets Served
7.9.5 GE Recent Developments/Updates
7.10 Omron
7.10.1 Omron Functional Safety Device Company Information
7.10.2 Omron Functional Safety Device Product Portfolio
7.10.3 Omron Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Omron Main Business and Markets Served
7.10.5 Omron Recent Developments/Updates
7.11 TE Connectivity
7.11.1 TE Connectivity Functional Safety Device Company Information
7.11.2 TE Connectivity Functional Safety Device Product Portfolio
7.11.3 TE Connectivity Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.11.4 TE Connectivity Main Business and Markets Served
7.11.5 TE Connectivity Recent Developments/Updates
7.12 SICK
7.12.1 SICK Functional Safety Device Company Information
7.12.2 SICK Functional Safety Device Product Portfolio
7.12.3 SICK Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.12.4 SICK Main Business and Markets Served
7.12.5 SICK Recent Developments/Updates
7.13 PILZ
7.13.1 PILZ Functional Safety Device Company Information
7.13.2 PILZ Functional Safety Device Product Portfolio
7.13.3 PILZ Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.13.4 PILZ Main Business and Markets Served
7.13.5 PILZ Recent Developments/Updates
7.14 HIMA Paul Hildebrandt
7.14.1 HIMA Paul Hildebrandt Functional Safety Device Company Information
7.14.2 HIMA Paul Hildebrandt Functional Safety Device Product Portfolio
7.14.3 HIMA Paul Hildebrandt Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.14.4 HIMA Paul Hildebrandt Main Business and Markets Served
7.14.5 HIMA Paul Hildebrandt Recent Developments/Updates
7.15 Endress+Hauser
7.15.1 Endress+Hauser Functional Safety Device Company Information
7.15.2 Endress+Hauser Functional Safety Device Product Portfolio
7.15.3 Endress+Hauser Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Endress+Hauser Main Business and Markets Served
7.15.5 Endress+Hauser Recent Developments/Updates
7.16 Eaton
7.16.1 Eaton Functional Safety Device Company Information
7.16.2 Eaton Functional Safety Device Product Portfolio
7.16.3 Eaton Functional Safety Device Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Eaton Main Business and Markets Served
7.16.5 Eaton Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Functional Safety Device Industry Chain Analysis
8.2 Functional Safety Device Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Functional Safety Device Production Mode & Process Analysis
8.4 Functional Safety Device Sales and Marketing
8.4.1 Functional Safety Device Sales Channels
8.4.2 Functional Safety Device Distributors
8.5 Functional Safety Device Customer Analysis
9 Functional Safety Device Market Dynamics
9.1 Functional Safety Device Industry Trends
9.2 Functional Safety Device Market Drivers
9.3 Functional Safety Device Market Challenges
9.4 Functional Safety Device Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Functional Safety Device Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Functional Safety Device Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Functional Safety Device Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global Functional Safety Device Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global Functional Safety Device Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Functional Safety Device Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Functional Safety Device Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Functional Safety Device, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Functional Safety Device as of 2024)
 Table 10. Global Market Functional Safety Device Average Price by Manufacturers (USD/Units) & (2020-2025)
 Table 11. Global Key Manufacturers of Functional Safety Device, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Functional Safety Device, Product Offered and Application
 Table 13. Global Key Manufacturers of Functional Safety Device, Date of Enter into This Industry
 Table 14. Global Functional Safety Device Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Functional Safety Device Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Functional Safety Device Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Functional Safety Device Production Value Market Share by Region (2020-2025)
 Table 19. Global Functional Safety Device Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Functional Safety Device Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Functional Safety Device Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Functional Safety Device Production (K Units) by Region (2020-2025)
 Table 23. Global Functional Safety Device Production Market Share by Region (2020-2025)
 Table 24. Global Functional Safety Device Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global Functional Safety Device Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Functional Safety Device Market Average Price (USD/Units) by Region (2020-2025)
 Table 27. Global Functional Safety Device Market Average Price (USD/Units) by Region (2026-2031)
 Table 28. Global Functional Safety Device Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global Functional Safety Device Consumption by Region (2020-2025) & (K Units)
 Table 30. Global Functional Safety Device Consumption Market Share by Region (2020-2025)
 Table 31. Global Functional Safety Device Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global Functional Safety Device Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Functional Safety Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America Functional Safety Device Consumption by Country (2020-2025) & (K Units)
 Table 35. North America Functional Safety Device Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe Functional Safety Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe Functional Safety Device Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe Functional Safety Device Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific Functional Safety Device Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific Functional Safety Device Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific Functional Safety Device Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa Functional Safety Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa Functional Safety Device Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa Functional Safety Device Consumption by Country (2026-2031) & (K Units)
 Table 45. Global Functional Safety Device Production (K Units) by Type (2020-2025)
 Table 46. Global Functional Safety Device Production (K Units) by Type (2026-2031)
 Table 47. Global Functional Safety Device Production Market Share by Type (2020-2025)
 Table 48. Global Functional Safety Device Production Market Share by Type (2026-2031)
 Table 49. Global Functional Safety Device Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Functional Safety Device Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Functional Safety Device Production Value Market Share by Type (2020-2025)
 Table 52. Global Functional Safety Device Production Value Market Share by Type (2026-2031)
 Table 53. Global Functional Safety Device Price (USD/Units) by Type (2020-2025)
 Table 54. Global Functional Safety Device Price (USD/Units) by Type (2026-2031)
 Table 55. Global Functional Safety Device Production (K Units) by Application (2020-2025)
 Table 56. Global Functional Safety Device Production (K Units) by Application (2026-2031)
 Table 57. Global Functional Safety Device Production Market Share by Application (2020-2025)
 Table 58. Global Functional Safety Device Production Market Share by Application (2026-2031)
 Table 59. Global Functional Safety Device Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Functional Safety Device Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Functional Safety Device Production Value Market Share by Application (2020-2025)
 Table 62. Global Functional Safety Device Production Value Market Share by Application (2026-2031)
 Table 63. Global Functional Safety Device Price (USD/Units) by Application (2020-2025)
 Table 64. Global Functional Safety Device Price (USD/Units) by Application (2026-2031)
 Table 65. Siemens Functional Safety Device Company Information
 Table 66. Siemens Functional Safety Device Specification and Application
 Table 67. Siemens Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 68. Siemens Main Business and Markets Served
 Table 69. Siemens Recent Developments/Updates
 Table 70. ABB Functional Safety Device Company Information
 Table 71. ABB Functional Safety Device Specification and Application
 Table 72. ABB Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 73. ABB Main Business and Markets Served
 Table 74. ABB Recent Developments/Updates
 Table 75. Schneider Functional Safety Device Company Information
 Table 76. Schneider Functional Safety Device Specification and Application
 Table 77. Schneider Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 78. Schneider Main Business and Markets Served
 Table 79. Schneider Recent Developments/Updates
 Table 80. Honeywell Functional Safety Device Company Information
 Table 81. Honeywell Functional Safety Device Specification and Application
 Table 82. Honeywell Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 83. Honeywell Main Business and Markets Served
 Table 84. Honeywell Recent Developments/Updates
 Table 85. Rockwell Automation Functional Safety Device Company Information
 Table 86. Rockwell Automation Functional Safety Device Specification and Application
 Table 87. Rockwell Automation Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 88. Rockwell Automation Main Business and Markets Served
 Table 89. Rockwell Automation Recent Developments/Updates
 Table 90. Mitsubishi Electric Functional Safety Device Company Information
 Table 91. Mitsubishi Electric Functional Safety Device Specification and Application
 Table 92. Mitsubishi Electric Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 93. Mitsubishi Electric Main Business and Markets Served
 Table 94. Mitsubishi Electric Recent Developments/Updates
 Table 95. Emerson Functional Safety Device Company Information
 Table 96. Emerson Functional Safety Device Specification and Application
 Table 97. Emerson Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 98. Emerson Main Business and Markets Served
 Table 99. Emerson Recent Developments/Updates
 Table 100. Yokogawa Electric Functional Safety Device Company Information
 Table 101. Yokogawa Electric Functional Safety Device Specification and Application
 Table 102. Yokogawa Electric Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 103. Yokogawa Electric Main Business and Markets Served
 Table 104. Yokogawa Electric Recent Developments/Updates
 Table 105. GE Functional Safety Device Company Information
 Table 106. GE Functional Safety Device Specification and Application
 Table 107. GE Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 108. GE Main Business and Markets Served
 Table 109. GE Recent Developments/Updates
 Table 110. Omron Functional Safety Device Company Information
 Table 111. Omron Functional Safety Device Specification and Application
 Table 112. Omron Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 113. Omron Main Business and Markets Served
 Table 114. Omron Recent Developments/Updates
 Table 115. TE Connectivity Functional Safety Device Company Information
 Table 116. TE Connectivity Functional Safety Device Specification and Application
 Table 117. TE Connectivity Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 118. TE Connectivity Main Business and Markets Served
 Table 119. TE Connectivity Recent Developments/Updates
 Table 120. SICK Functional Safety Device Company Information
 Table 121. SICK Functional Safety Device Specification and Application
 Table 122. SICK Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 123. SICK Main Business and Markets Served
 Table 124. SICK Recent Developments/Updates
 Table 125. PILZ Functional Safety Device Company Information
 Table 126. PILZ Functional Safety Device Specification and Application
 Table 127. PILZ Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 128. PILZ Main Business and Markets Served
 Table 129. PILZ Recent Developments/Updates
 Table 130. HIMA Paul Hildebrandt Functional Safety Device Company Information
 Table 131. HIMA Paul Hildebrandt Functional Safety Device Specification and Application
 Table 132. HIMA Paul Hildebrandt Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 133. HIMA Paul Hildebrandt Main Business and Markets Served
 Table 134. HIMA Paul Hildebrandt Recent Developments/Updates
 Table 135. Endress+Hauser Functional Safety Device Company Information
 Table 136. Endress+Hauser Functional Safety Device Specification and Application
 Table 137. Endress+Hauser Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 138. Endress+Hauser Main Business and Markets Served
 Table 139. Endress+Hauser Recent Developments/Updates
 Table 140. Eaton Functional Safety Device Company Information
 Table 141. Eaton Functional Safety Device Specification and Application
 Table 142. Eaton Functional Safety Device Production (K Units), Value (US$ Million), Price (USD/Units) and Gross Margin (2020-2025)
 Table 143. Eaton Main Business and Markets Served
 Table 144. Eaton Recent Developments/Updates
 Table 145. Key Raw Materials Lists
 Table 146. Raw Materials Key Suppliers Lists
 Table 147. Functional Safety Device Distributors List
 Table 148. Functional Safety Device Customers List
 Table 149. Functional Safety Device Market Trends
 Table 150. Functional Safety Device Market Drivers
 Table 151. Functional Safety Device Market Challenges
 Table 152. Functional Safety Device Market Restraints
 Table 153. Research Programs/Design for This Report
 Table 154. Key Data Information from Secondary Sources
 Table 155. Key Data Information from Primary Sources
 Table 156. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Functional Safety Device
 Figure 2. Global Functional Safety Device Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Functional Safety Device Market Share by Type: 2024 VS 2031
 Figure 4. Safety Sensors Product Picture
 Figure 5. Safety PLCs Product Picture
 Figure 6. Safety Relays Product Picture
 Figure 7. Safety Valve Product Picture
 Figure 8. Safe Actuator Product Picture
 Figure 9. Safety Switches Product Picture
 Figure 10. Others Product Picture
 Figure 11. Global Functional Safety Device Market Value by Application, (US$ Million) & (2020-2031)
 Figure 12. Global Functional Safety Device Market Share by Application: 2024 VS 2031
 Figure 13. Automobile
 Figure 14. Rail Transit
 Figure 15. Chemical Engineering
 Figure 16. Oil and Gas
 Figure 17. Medical
 Figure 18. Electric Power
 Figure 19. Elevator Escalator
 Figure 20. Others
 Figure 21. Global Functional Safety Device Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 22. Global Functional Safety Device Production Value (US$ Million) & (2020-2031)
 Figure 23. Global Functional Safety Device Production Capacity (K Units) & (2020-2031)
 Figure 24. Global Functional Safety Device Production (K Units) & (2020-2031)
 Figure 25. Global Functional Safety Device Average Price (USD/Units) & (2020-2031)
 Figure 26. Functional Safety Device Report Years Considered
 Figure 27. Functional Safety Device Production Share by Manufacturers in 2024
 Figure 28. Global Functional Safety Device Production Value Share by Manufacturers (2024)
 Figure 29. Functional Safety Device Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 30. The Global 5 and 10 Largest Players: Market Share by Functional Safety Device Revenue in 2024
 Figure 31. Global Functional Safety Device Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 32. Global Functional Safety Device Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 33. Global Functional Safety Device Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 34. Global Functional Safety Device Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 35. North America Functional Safety Device Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 36. Europe Functional Safety Device Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 37. China Functional Safety Device Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 38. Japan Functional Safety Device Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 39. South Korea Functional Safety Device Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 40. Global Functional Safety Device Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 41. Global Functional Safety Device Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 42. North America Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. North America Functional Safety Device Consumption Market Share by Country (2020-2031)
 Figure 44. U.S. Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Canada Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 46. Europe Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. Europe Functional Safety Device Consumption Market Share by Country (2020-2031)
 Figure 48. Germany Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. France Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. U.K. Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. Italy Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Netherlands Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. Asia Pacific Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 54. Asia Pacific Functional Safety Device Consumption Market Share by Region (2020-2031)
 Figure 55. China Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. Japan Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. South Korea Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 58. China Taiwan Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 59. Southeast Asia Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 60. India Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 61. Latin America, Middle East & Africa Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 62. Latin America, Middle East & Africa Functional Safety Device Consumption Market Share by Country (2020-2031)
 Figure 63. Mexico Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 64. Brazil Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 65. Turkey Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 66. GCC Countries Functional Safety Device Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 67. Global Production Market Share of Functional Safety Device by Type (2020-2031)
 Figure 68. Global Production Value Market Share of Functional Safety Device by Type (2020-2031)
 Figure 69. Global Functional Safety Device Price (USD/Units) by Type (2020-2031)
 Figure 70. Global Production Market Share of Functional Safety Device by Application (2020-2031)
 Figure 71. Global Production Value Market Share of Functional Safety Device by Application (2020-2031)
 Figure 72. Global Functional Safety Device Price (USD/Units) by Application (2020-2031)
 Figure 73. Functional Safety Device Value Chain
 Figure 74. Channels of Distribution (Direct Vs Distribution)
 Figure 75. Bottom-up and Top-down Approaches for This Report
 Figure 76. Data Triangulation
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