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Functional Safety Devices- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Published Date: August 2025
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Report Code: QYRE-Auto-33L9030
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Global Functional Safety Devices Market Insights and Forecast to 2028
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Functional Safety Devices- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Code: QYRE-Auto-33L9030
Report
August 2025
Pages:131
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Functional Safety Devices- Market Size

The global market for Functional Safety Devices was estimated to be worth US$ 7474 million in 2024 and is forecast to a readjusted size of US$ 13130 million by 2031 with a CAGR of 8.5% during the forecast period 2025-2031.

Functional Safety Devices- Market

Functional Safety Devices- Market

Functional safety device is part of the overall safety of a system or piece of equipment and generally focuses on electronics and related software. It looks at aspects of safety that relate to the function of a device and ensures that it works correctly in response to commands it receives. In a systemic approach Functional safety identifies potentially dangerous conditions, situations or events that could result in an accident that could harm somebody or destroy something. It enables corrective or preventive actions to avoid or reduce the impact of an accident.
Global Functional Safety Devices key players include Siemens, ABB, Schneider, Honeywell, etc. Global top four manufacturers hold a share about 55%.
Europe is the largest market, with a share about 40%, followed by China, and North America, both have a share over 40 percent.
In terms of product, Safety Sensors is the largest segment, with a share over 25%. And in terms of application, the largest application is Oil and Gas, followed by Power Generation, Automotive, Rail Transit, etc.
This report aims to provide a comprehensive presentation of the global market for Functional Safety Devices, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Functional Safety Devices by region & country, by Type, and by Application.
The Functional Safety Devices market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Devices.
Market Segmentation

Scope of Functional Safety Devices- Market Report

Report Metric Details
Report Name Functional Safety Devices- Market
Forecasted market size in 2031 US$ 13130 million
CAGR 8.5%
Forecasted years 2025 - 2031
Segment by Type
  • Safety Sensors
  • Safety PLCs
  • Safety Relays
  • Safety Valves
  • Safety Actuators
  • Safety Switchs
  • Others
Segment by Application
  • Automotive
  • Rail Transit
  • Chemical
  • Oil and Gas
  • Medical
  • Power Generation
  • Elevator and Escalator
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
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, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Functional Safety Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: 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 4: 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 5: Sales, revenue of Functional Safety Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
  • Chapter 6: Sales, revenue of Functional Safety Devices in country level. It provides sigmate data by Type, and by Application for each country/region.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Conclusion.

FAQ for this report

What is the Functional Safety Devices- Market size in 2031?

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

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

Ans: Global top four manufacturers hold a share about 55%.

What is the Functional Safety Devices- Market share by type?

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

Who are the main players in the Functional Safety Devices- Market report?

Ans: The main players in the Functional Safety Devices- 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 Devices- Market report?

Ans: The Applications covered in the Functional Safety Devices- Market report are Automotive, Rail Transit, Chemical, Oil and Gas, Medical, Power Generation, Elevator and Escalator, Others

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

Ans: The Types covered in the Functional Safety Devices- Market report are Safety Sensors, Safety PLCs, Safety Relays, Safety Valves, Safety Actuators, Safety Switchs, Others

1 Market Overview
1.1 Functional Safety Devices Product Introduction
1.2 Global Functional Safety Devices Market Size Forecast
1.2.1 Global Functional Safety Devices Sales Value (2020-2031)
1.2.2 Global Functional Safety Devices Sales Volume (2020-2031)
1.2.3 Global Functional Safety Devices Sales Price (2020-2031)
1.3 Functional Safety Devices Market Trends & Drivers
1.3.1 Functional Safety Devices Industry Trends
1.3.2 Functional Safety Devices Market Drivers & Opportunity
1.3.3 Functional Safety Devices Market Challenges
1.3.4 Functional Safety Devices Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Functional Safety Devices Players Revenue Ranking (2024)
2.2 Global Functional Safety Devices Revenue by Company (2020-2025)
2.3 Global Functional Safety Devices Players Sales Volume Ranking (2024)
2.4 Global Functional Safety Devices Sales Volume by Company Players (2020-2025)
2.5 Global Functional Safety Devices Average Price by Company (2020-2025)
2.6 Key Manufacturers Functional Safety Devices Manufacturing Base and Headquarters
2.7 Key Manufacturers Functional Safety Devices Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Functional Safety Devices
2.9 Functional Safety Devices Market Competitive Analysis
2.9.1 Functional Safety Devices Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Functional Safety Devices Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Functional Safety Devices as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Safety Sensors
3.1.2 Safety PLCs
3.1.3 Safety Relays
3.1.4 Safety Valves
3.1.5 Safety Actuators
3.1.6 Safety Switchs
3.1.7 Others
3.2 Global Functional Safety Devices Sales Value by Type
3.2.1 Global Functional Safety Devices Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Functional Safety Devices Sales Value, by Type (2020-2031)
3.2.3 Global Functional Safety Devices Sales Value, by Type (%) (2020-2031)
3.3 Global Functional Safety Devices Sales Volume by Type
3.3.1 Global Functional Safety Devices Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Functional Safety Devices Sales Volume, by Type (2020-2031)
3.3.3 Global Functional Safety Devices Sales Volume, by Type (%) (2020-2031)
3.4 Global Functional Safety Devices Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive
4.1.2 Rail Transit
4.1.3 Chemical
4.1.4 Oil and Gas
4.1.5 Medical
4.1.6 Power Generation
4.1.7 Elevator and Escalator
4.1.8 Others
4.2 Global Functional Safety Devices Sales Value by Application
4.2.1 Global Functional Safety Devices Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Functional Safety Devices Sales Value, by Application (2020-2031)
4.2.3 Global Functional Safety Devices Sales Value, by Application (%) (2020-2031)
4.3 Global Functional Safety Devices Sales Volume by Application
4.3.1 Global Functional Safety Devices Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Functional Safety Devices Sales Volume, by Application (2020-2031)
4.3.3 Global Functional Safety Devices Sales Volume, by Application (%) (2020-2031)
4.4 Global Functional Safety Devices Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Functional Safety Devices Sales Value by Region
5.1.1 Global Functional Safety Devices Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Functional Safety Devices Sales Value by Region (2020-2025)
5.1.3 Global Functional Safety Devices Sales Value by Region (2026-2031)
5.1.4 Global Functional Safety Devices Sales Value by Region (%), (2020-2031)
5.2 Global Functional Safety Devices Sales Volume by Region
5.2.1 Global Functional Safety Devices Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Functional Safety Devices Sales Volume by Region (2020-2025)
5.2.3 Global Functional Safety Devices Sales Volume by Region (2026-2031)
5.2.4 Global Functional Safety Devices Sales Volume by Region (%), (2020-2031)
5.3 Global Functional Safety Devices Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Functional Safety Devices Sales Value, 2020-2031
5.4.2 North America Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Functional Safety Devices Sales Value, 2020-2031
5.5.2 Europe Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Functional Safety Devices Sales Value, 2020-2031
5.6.2 Asia Pacific Functional Safety Devices Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Functional Safety Devices Sales Value, 2020-2031
5.7.2 South America Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Functional Safety Devices Sales Value, 2020-2031
5.8.2 Middle East & Africa Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Functional Safety Devices Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Functional Safety Devices Sales Value
6.2.1 Key Countries/Regions Functional Safety Devices Sales Value, 2020-2031
6.2.2 Key Countries/Regions Functional Safety Devices Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Functional Safety Devices Sales Value, 2020-2031
6.3.2 United States Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Functional Safety Devices Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Functional Safety Devices Sales Value, 2020-2031
6.4.2 Europe Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Functional Safety Devices Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Functional Safety Devices Sales Value, 2020-2031
6.5.2 China Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
6.5.3 China Functional Safety Devices Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Functional Safety Devices Sales Value, 2020-2031
6.6.2 Japan Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Functional Safety Devices Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Functional Safety Devices Sales Value, 2020-2031
6.7.2 South Korea Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Functional Safety Devices Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Functional Safety Devices Sales Value, 2020-2031
6.8.2 Southeast Asia Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Functional Safety Devices Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Functional Safety Devices Sales Value, 2020-2031
6.9.2 India Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
6.9.3 India Functional Safety Devices Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Siemens
7.1.1 Siemens Company Information
7.1.2 Siemens Introduction and Business Overview
7.1.3 Siemens Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Siemens Functional Safety Devices Product Offerings
7.1.5 Siemens Recent Development
7.2 ABB
7.2.1 ABB Company Information
7.2.2 ABB Introduction and Business Overview
7.2.3 ABB Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 ABB Functional Safety Devices Product Offerings
7.2.5 ABB Recent Development
7.3 Schneider
7.3.1 Schneider Company Information
7.3.2 Schneider Introduction and Business Overview
7.3.3 Schneider Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Schneider Functional Safety Devices Product Offerings
7.3.5 Schneider Recent Development
7.4 Honeywell
7.4.1 Honeywell Company Information
7.4.2 Honeywell Introduction and Business Overview
7.4.3 Honeywell Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Honeywell Functional Safety Devices Product Offerings
7.4.5 Honeywell Recent Development
7.5 Rockwell Automation
7.5.1 Rockwell Automation Company Information
7.5.2 Rockwell Automation Introduction and Business Overview
7.5.3 Rockwell Automation Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Rockwell Automation Functional Safety Devices Product Offerings
7.5.5 Rockwell Automation Recent Development
7.6 Mitsubishi Electric
7.6.1 Mitsubishi Electric Company Information
7.6.2 Mitsubishi Electric Introduction and Business Overview
7.6.3 Mitsubishi Electric Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Mitsubishi Electric Functional Safety Devices Product Offerings
7.6.5 Mitsubishi Electric Recent Development
7.7 Emerson
7.7.1 Emerson Company Information
7.7.2 Emerson Introduction and Business Overview
7.7.3 Emerson Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Emerson Functional Safety Devices Product Offerings
7.7.5 Emerson Recent Development
7.8 Yokogawa Electric
7.8.1 Yokogawa Electric Company Information
7.8.2 Yokogawa Electric Introduction and Business Overview
7.8.3 Yokogawa Electric Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Yokogawa Electric Functional Safety Devices Product Offerings
7.8.5 Yokogawa Electric Recent Development
7.9 GE
7.9.1 GE Company Information
7.9.2 GE Introduction and Business Overview
7.9.3 GE Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 GE Functional Safety Devices Product Offerings
7.9.5 GE Recent Development
7.10 Omron
7.10.1 Omron Company Information
7.10.2 Omron Introduction and Business Overview
7.10.3 Omron Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Omron Functional Safety Devices Product Offerings
7.10.5 Omron Recent Development
7.11 TE Connectivity
7.11.1 TE Connectivity Company Information
7.11.2 TE Connectivity Introduction and Business Overview
7.11.3 TE Connectivity Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 TE Connectivity Functional Safety Devices Product Offerings
7.11.5 TE Connectivity Recent Development
7.12 SICK
7.12.1 SICK Company Information
7.12.2 SICK Introduction and Business Overview
7.12.3 SICK Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 SICK Functional Safety Devices Product Offerings
7.12.5 SICK Recent Development
7.13 PILZ
7.13.1 PILZ Company Information
7.13.2 PILZ Introduction and Business Overview
7.13.3 PILZ Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 PILZ Functional Safety Devices Product Offerings
7.13.5 PILZ Recent Development
7.14 HIMA Paul Hildebrandt
7.14.1 HIMA Paul Hildebrandt Company Information
7.14.2 HIMA Paul Hildebrandt Introduction and Business Overview
7.14.3 HIMA Paul Hildebrandt Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 HIMA Paul Hildebrandt Functional Safety Devices Product Offerings
7.14.5 HIMA Paul Hildebrandt Recent Development
7.15 Endress+Hauser
7.15.1 Endress+Hauser Company Information
7.15.2 Endress+Hauser Introduction and Business Overview
7.15.3 Endress+Hauser Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Endress+Hauser Functional Safety Devices Product Offerings
7.15.5 Endress+Hauser Recent Development
7.16 Eaton
7.16.1 Eaton Company Information
7.16.2 Eaton Introduction and Business Overview
7.16.3 Eaton Functional Safety Devices Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Eaton Functional Safety Devices Product Offerings
7.16.5 Eaton Recent Development
8 Industry Chain Analysis
8.1 Functional Safety Devices Industrial Chain
8.2 Functional Safety Devices Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Functional Safety Devices Sales Model
8.5.2 Sales Channel
8.5.3 Functional Safety Devices Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Tables
 Table 1. Functional Safety Devices Market Trends
 Table 2. Functional Safety Devices Market Drivers & Opportunity
 Table 3. Functional Safety Devices Market Challenges
 Table 4. Functional Safety Devices Market Restraints
 Table 5. Global Functional Safety Devices Revenue by Company (2020-2025) & (US$ Million)
 Table 6. Global Functional Safety Devices Revenue Market Share by Company (2020-2025)
 Table 7. Global Functional Safety Devices Sales Volume by Company (2020-2025) & (K Units)
 Table 8. Global Functional Safety Devices Sales Volume Market Share by Company (2020-2025)
 Table 9. Global Market Functional Safety Devices Price by Company (2020-2025) & (USD/Unit)
 Table 10. Key Manufacturers Functional Safety Devices Manufacturing Base and Headquarters
 Table 11. Key Manufacturers Functional Safety Devices Product Type
 Table 12. Key Manufacturers Time to Begin Mass Production of Functional Safety Devices
 Table 13. Global Functional Safety Devices Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Functional Safety Devices as of 2024)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Functional Safety Devices Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Functional Safety Devices Sales Value by Type (2020-2025) & (US$ Million)
 Table 18. Global Functional Safety Devices Sales Value by Type (2026-2031) & (US$ Million)
 Table 19. Global Functional Safety Devices Sales Market Share in Value by Type (2020-2025)
 Table 20. Global Functional Safety Devices Sales Market Share in Value by Type (2026-2031)
 Table 21. Global Functional Safety Devices Sales Volume by Type: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Functional Safety Devices Sales Volume by Type (2020-2025) & (K Units)
 Table 23. Global Functional Safety Devices Sales Volume by Type (2026-2031) & (K Units)
 Table 24. Global Functional Safety Devices Sales Market Share in Volume by Type (2020-2025)
 Table 25. Global Functional Safety Devices Sales Market Share in Volume by Type (2026-2031)
 Table 26. Global Functional Safety Devices Price by Type (2020-2025) & (USD/Unit)
 Table 27. Global Functional Safety Devices Price by Type (2026-2031) & (USD/Unit)
 Table 28. Global Functional Safety Devices Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
 Table 29. Global Functional Safety Devices Sales Value by Application (2020-2025) & (US$ Million)
 Table 30. Global Functional Safety Devices Sales Value by Application (2026-2031) & (US$ Million)
 Table 31. Global Functional Safety Devices Sales Market Share in Value by Application (2020-2025)
 Table 32. Global Functional Safety Devices Sales Market Share in Value by Application (2026-2031)
 Table 33. Global Functional Safety Devices Sales Volume by Application: 2020 VS 2024 VS 2031 (K Units)
 Table 34. Global Functional Safety Devices Sales Volume by Application (2020-2025) & (K Units)
 Table 35. Global Functional Safety Devices Sales Volume by Application (2026-2031) & (K Units)
 Table 36. Global Functional Safety Devices Sales Market Share in Volume by Application (2020-2025)
 Table 37. Global Functional Safety Devices Sales Market Share in Volume by Application (2026-2031)
 Table 38. Global Functional Safety Devices Price by Application (2020-2025) & (USD/Unit)
 Table 39. Global Functional Safety Devices Price by Application (2026-2031) & (USD/Unit)
 Table 40. Global Functional Safety Devices Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
 Table 41. Global Functional Safety Devices Sales Value by Region (2020-2025) & (US$ Million)
 Table 42. Global Functional Safety Devices Sales Value by Region (2026-2031) & (US$ Million)
 Table 43. Global Functional Safety Devices Sales Value by Region (2020-2025) & (%)
 Table 44. Global Functional Safety Devices Sales Value by Region (2026-2031) & (%)
 Table 45. Global Functional Safety Devices Sales Volume by Region (K Units): 2020 VS 2024 VS 2031
 Table 46. Global Functional Safety Devices Sales Volume by Region (2020-2025) & (K Units)
 Table 47. Global Functional Safety Devices Sales Volume by Region (2026-2031) & (K Units)
 Table 48. Global Functional Safety Devices Sales Volume by Region (2020-2025) & (%)
 Table 49. Global Functional Safety Devices Sales Volume by Region (2026-2031) & (%)
 Table 50. Global Functional Safety Devices Average Price by Region (2020-2025) & (USD/Unit)
 Table 51. Global Functional Safety Devices Average Price by Region (2026-2031) & (USD/Unit)
 Table 52. Key Countries/Regions Functional Safety Devices Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
 Table 53. Key Countries/Regions Functional Safety Devices Sales Value, (2020-2025) & (US$ Million)
 Table 54. Key Countries/Regions Functional Safety Devices Sales Value, (2026-2031) & (US$ Million)
 Table 55. Key Countries/Regions Functional Safety Devices Sales Volume, (2020-2025) & (K Units)
 Table 56. Key Countries/Regions Functional Safety Devices Sales Volume, (2026-2031) & (K Units)
 Table 57. Siemens Company Information
 Table 58. Siemens Introduction and Business Overview
 Table 59. Siemens Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 60. Siemens Functional Safety Devices Product Offerings
 Table 61. Siemens Recent Development
 Table 62. ABB Company Information
 Table 63. ABB Introduction and Business Overview
 Table 64. ABB Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 65. ABB Functional Safety Devices Product Offerings
 Table 66. ABB Recent Development
 Table 67. Schneider Company Information
 Table 68. Schneider Introduction and Business Overview
 Table 69. Schneider Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 70. Schneider Functional Safety Devices Product Offerings
 Table 71. Schneider Recent Development
 Table 72. Honeywell Company Information
 Table 73. Honeywell Introduction and Business Overview
 Table 74. Honeywell Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 75. Honeywell Functional Safety Devices Product Offerings
 Table 76. Honeywell Recent Development
 Table 77. Rockwell Automation Company Information
 Table 78. Rockwell Automation Introduction and Business Overview
 Table 79. Rockwell Automation Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 80. Rockwell Automation Functional Safety Devices Product Offerings
 Table 81. Rockwell Automation Recent Development
 Table 82. Mitsubishi Electric Company Information
 Table 83. Mitsubishi Electric Introduction and Business Overview
 Table 84. Mitsubishi Electric Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 85. Mitsubishi Electric Functional Safety Devices Product Offerings
 Table 86. Mitsubishi Electric Recent Development
 Table 87. Emerson Company Information
 Table 88. Emerson Introduction and Business Overview
 Table 89. Emerson Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 90. Emerson Functional Safety Devices Product Offerings
 Table 91. Emerson Recent Development
 Table 92. Yokogawa Electric Company Information
 Table 93. Yokogawa Electric Introduction and Business Overview
 Table 94. Yokogawa Electric Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 95. Yokogawa Electric Functional Safety Devices Product Offerings
 Table 96. Yokogawa Electric Recent Development
 Table 97. GE Company Information
 Table 98. GE Introduction and Business Overview
 Table 99. GE Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 100. GE Functional Safety Devices Product Offerings
 Table 101. GE Recent Development
 Table 102. Omron Company Information
 Table 103. Omron Introduction and Business Overview
 Table 104. Omron Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 105. Omron Functional Safety Devices Product Offerings
 Table 106. Omron Recent Development
 Table 107. TE Connectivity Company Information
 Table 108. TE Connectivity Introduction and Business Overview
 Table 109. TE Connectivity Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 110. TE Connectivity Functional Safety Devices Product Offerings
 Table 111. TE Connectivity Recent Development
 Table 112. SICK Company Information
 Table 113. SICK Introduction and Business Overview
 Table 114. SICK Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 115. SICK Functional Safety Devices Product Offerings
 Table 116. SICK Recent Development
 Table 117. PILZ Company Information
 Table 118. PILZ Introduction and Business Overview
 Table 119. PILZ Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 120. PILZ Functional Safety Devices Product Offerings
 Table 121. PILZ Recent Development
 Table 122. HIMA Paul Hildebrandt Company Information
 Table 123. HIMA Paul Hildebrandt Introduction and Business Overview
 Table 124. HIMA Paul Hildebrandt Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 125. HIMA Paul Hildebrandt Functional Safety Devices Product Offerings
 Table 126. HIMA Paul Hildebrandt Recent Development
 Table 127. Endress+Hauser Company Information
 Table 128. Endress+Hauser Introduction and Business Overview
 Table 129. Endress+Hauser Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 130. Endress+Hauser Functional Safety Devices Product Offerings
 Table 131. Endress+Hauser Recent Development
 Table 132. Eaton Company Information
 Table 133. Eaton Introduction and Business Overview
 Table 134. Eaton Functional Safety Devices Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 135. Eaton Functional Safety Devices Product Offerings
 Table 136. Eaton Recent Development
 Table 137. Key Raw Materials Lists
 Table 138. Raw Materials Key Suppliers Lists
 Table 139. Functional Safety Devices Downstream Customers
 Table 140. Functional Safety Devices Distributors List
 Table 141. Research Programs/Design for This Report
 Table 142. Key Data Information from Secondary Sources
 Table 143. Key Data Information from Primary Sources


List of Figures
 Figure 1. Functional Safety Devices Product Picture
 Figure 2. Global Functional Safety Devices Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Global Functional Safety Devices Sales Value (2020-2031) & (US$ Million)
 Figure 4. Global Functional Safety Devices Sales Volume (2020-2031) & (K Units)
 Figure 5. Global Functional Safety Devices Sales Price (2020-2031) & (USD/Unit)
 Figure 6. Functional Safety Devices Report Years Considered
 Figure 7. Global Functional Safety Devices Players Revenue Ranking (2024) & (US$ Million)
 Figure 8. Global Functional Safety Devices Players Sales Volume Ranking (2024) & (K Units)
 Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Functional Safety Devices Revenue in 2024
 Figure 10. Functional Safety Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 11. Safety Sensors Picture
 Figure 12. Safety PLCs Picture
 Figure 13. Safety Relays Picture
 Figure 14. Safety Valves Picture
 Figure 15. Safety Actuators Picture
 Figure 16. Safety Switchs Picture
 Figure 17. Others Picture
 Figure 18. Global Functional Safety Devices Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 19. Global Functional Safety Devices Sales Value Market Share by Type, 2024 & 2031
 Figure 20. Global Functional Safety Devices Sales Volume by Type (2020 VS 2024 VS 2031) & (K Units)
 Figure 21. Global Functional Safety Devices Sales Volume Market Share by Type, 2024 & 2031
 Figure 22. Global Functional Safety Devices Price by Type (2020-2031) & (USD/Unit)
 Figure 23. Product Picture of Automotive
 Figure 24. Product Picture of Rail Transit
 Figure 25. Product Picture of Chemical
 Figure 26. Product Picture of Oil and Gas
 Figure 27. Product Picture of Medical
 Figure 28. Product Picture of Power Generation
 Figure 29. Product Picture of Elevator and Escalator
 Figure 30. Product Picture of Others
 Figure 31. Global Functional Safety Devices Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 32. Global Functional Safety Devices Sales Value Market Share by Application, 2024 & 2031
 Figure 33. Global Functional Safety Devices Sales Volume by Application (2020 VS 2024 VS 2031) & (K Units)
 Figure 34. Global Functional Safety Devices Sales Volume Market Share by Application, 2024 & 2031
 Figure 35. Global Functional Safety Devices Price by Application (2020-2031) & (USD/Unit)
 Figure 36. North America Functional Safety Devices Sales Value (2020-2031) & (US$ Million)
 Figure 37. North America Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
 Figure 38. Europe Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 39. Europe Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
 Figure 40. Asia Pacific Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 41. Asia Pacific Functional Safety Devices Sales Value by Region (%), 2024 VS 2031
 Figure 42. South America Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 43. South America Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
 Figure 44. Middle East & Africa Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 45. Middle East & Africa Functional Safety Devices Sales Value by Country (%), 2024 VS 2031
 Figure 46. Key Countries/Regions Functional Safety Devices Sales Value (%), (2020-2031)
 Figure 47. Key Countries/Regions Functional Safety Devices Sales Volume (%), (2020-2031)
 Figure 48. United States Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 49. United States Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
 Figure 50. United States Functional Safety Devices Sales Value by Application (%), 2024 VS 2031
 Figure 51. Europe Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 52. Europe Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
 Figure 53. Europe Functional Safety Devices Sales Value by Application (%), 2024 VS 2031
 Figure 54. China Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 55. China Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
 Figure 56. China Functional Safety Devices Sales Value by Application (%), 2024 VS 2031
 Figure 57. Japan Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 58. Japan Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
 Figure 59. Japan Functional Safety Devices Sales Value by Application (%), 2024 VS 2031
 Figure 60. South Korea Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 61. South Korea Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
 Figure 62. South Korea Functional Safety Devices Sales Value by Application (%), 2024 VS 2031
 Figure 63. Southeast Asia Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 64. Southeast Asia Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
 Figure 65. Southeast Asia Functional Safety Devices Sales Value by Application (%), 2024 VS 2031
 Figure 66. India Functional Safety Devices Sales Value, (2020-2031) & (US$ Million)
 Figure 67. India Functional Safety Devices Sales Value by Type (%), 2024 VS 2031
 Figure 68. India Functional Safety Devices Sales Value by Application (%), 2024 VS 2031
 Figure 69. Functional Safety Devices Industrial Chain
 Figure 70. Functional Safety Devices Manufacturing Cost Structure
 Figure 71. Channels of Distribution (Direct Sales, and Distribution)
 Figure 72. Bottom-up and Top-down Approaches for This Report
 Figure 73. Data Triangulation
 Figure 74. Key Executives Interviewed
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