December 1, 2021

North America Emergency Shutdown Systems Market Development Trends & Competitive Analysis by Leading Industry Players – Siemens AG, ABB Ltd., Emerson Electric Co., National Oilwell Varco

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North America Emergency Shutdown Systems MarketThe emergency shutdown systems market in North America is expected to grow from US$ 306.40Mn in 2018 to US$ 462.57 Mn by the year 2027 at a CAGR of 4.8% during the forecast period.

It is anticipated that rising oil and gas prices and growing upstream activities will increase the growth for emergency shutdown systems market, especially from off-shore establishments as the demand for ESD systems comes from midstream, upstream, and downstream oil refinery activities. Laws and regulations such as the Bureau of Safety and Environmental Enforcement (BSEE) enforce safety and environmental laws for the off-shore oil and gas industry in the US, among others. However, limited penetration across SMEs in emerging economies and narrow scope for cross vertical standardization might hamper the emergency shutdown systems market growth during the forecast period.

Get Sample Copy of this North America Emergency Shutdown Systems Market research report at –https://www.businessmarketinsights.com/buy/single/TIPRE00009213

Major key players covered in this report:

Siemens AG
ABB Ltd.
Emerson Electric Co.
General Electric Company
Honeywell International Inc.
National Oilwell Varco, Inc.
Cameron International Corporation
OMRON Corporation
Schneider Electric SE
Yokogawa Electric Corporation

North America Emergency Shutdown System Market–Segmentation

North America Emergency Shutdown System Market By Component

  • Switches
  • Sensors
  • Programmable Safety System
  • Safety Valves
  • Actuators
  • Others

North America Emergency Shutdown System Market By Control Method

  • Pneumatic
  • Electrical
  • Fiber Optic
  • Hydraulic

North America Emergency Shutdown System Market By End User Industry

  • Oil & Gas
  • Refining
  • Power Generation
  • Chemical
  • Others

Order a Copy of this North America Emergency Shutdown Systems Market research report at –
https://www.businessmarketinsights.com/sample/TIPRE00009213

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