The emergency shutdown systems market in Asia-Pacific is expected to grow from US$ 356.4 Mn in 2018 to US$ 723.0 Mn by the year 2027 at a CAGR of 8.3% during the forecast period.
Asia-Pacific region consists of many developing countries, which are witnessing a high growth in their manufacturing sector. The region has become a global manufacturing hub with the presence of diverse manufacturing industries. However increase in growth of manufacturing sector is likely to drive the emergency shutdown systems market.
The governments of countries such as India, China, Japan, among others are taking decisions to improve investment ideas. The governments are offering tax-rebates, funds, subsidies and other such supports to attract the manufacturing companies to set-up plants in their respective countries. Further, several governments have taken initiatives such as Made in China 2025 and Make in India to propel the growth of manufacturing sector. However, China, which is the largest manufacturing hub, is experiencing a rise in the country's labor cost owing to ageing population of the country. However, such initiative is likely to drive the emergency shutdown systems market.
On the basis of end user, the oil & gas segment led the Asia-Pacific emergency shutdown systems market in 2018 with a good market share and is expected to continue its dominance during the forecast period. The Oil & Gas segment led the emergency shutdown system market, by end-user, with good market share in 2018; it is anticipated to continue its dominance during the forecast period, thereby accounting for good share of the emergency shutdown systems market by 2027. It is essential to implement emergency shutdown systems in the oil & gas industry as these systems proactively handle emergencies and help protect humans, industrial plants, and environment. The implementation of the emergency shutdown system in the oil & gas industry delivers a well-organized and efficient approach for safety requirement specifications, hazard identification, and safety system operations, designs, as well as maintenance.
The overall Asia-Pacific emergency shutdown systems market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific emergency shutdown systems market. It also provides an overview and forecast for the emergency shutdown systems based on all the segmentation provided with respect to the Asia-Pacific region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the emergency shutdown system industry. Some of the players present in Asia-Pacific emergency shutdown systems market are Siemens AG, ABB Ltd, Honeywell International Inc, among others.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Emergency Shutdown Systems Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insight
5. Emergency Shutdown Systems Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Minimizing the Impact of Emergencies that are Typically Associated With Unregulated Flooding, Hydrocarbon Escape, Or Fire Outbreaks
5.1.2 Improvement Of Operations And Safety At Workplaces
5.2 Restraints
5.2.1 High Total Cost of Ownership for SMEs
5.3 Opportunities
5.3.1 IoT with Emergency Shutdown System Benefits Company As A Whole
5.4 Trends
5.4.1 Competitive Advantage with Automated Industrial Control Systems
5.5 Impact Analysis of Drivers and Restraints
6. Emergency Shutdown System Market - Asia-Pacific Market Analysis
6.1 Asia-Pacific Emergency shutdown system Market Forecast and Analysis
7. Asia-Pacific Emergency Shutdown Systems Market- By Component
7.1 Overview
7.2 Asia-Pacific Emergency Shutdown Systems Market Breakdown, by Component, 2018 & 2027
7.3 Switches
7.3.1 Overview
7.3.2 Asia-Pacific Emergency Shutdown Systems Market for Switches, Revenue and Forecast to 2027 (US$ Mn)
7.4 Sensors
7.4.1 Overview
7.4.2 Emergency Shutdown Systems Market for Sensors, Revenue and Forecast to 2027 (US$ Mn)
7.5 Programmable Safety Systems
7.5.1 Overview
7.5.2 Asia-Pacific Emergency Shutdown Systems Market for Programmable Safety Systems, Revenue and Forecast to 2027 (US$ Mn)
7.6 Safety Valves
7.6.1 Overview
7.6.2 Asia-Pacific Emergency Shutdown Systems Market for Safety Valves, Revenue and Forecast to 2027 (US$ Mn)
7.7 Actuators
7.7.1 Overview
7.7.2 Asia-Pacific Emergency Shutdown Systems Market for Actuators, Revenue and Forecast to 2027 (US$ Mn)
7.8 Other Components
7.8.1 Overview
7.8.2 Asia-Pacific Emergency Shutdown Systems Market for Other Components, Revenue and Forecast to 2027 (US$ Mn)
8. Asia-Pacific Emergency Shutdown System Market - By Control Method
8.1 Overview
8.2 Asia-Pacific Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027
8.3 Pneumatic
8.3.1 Overview
8.3.2 Asia-Pacific Emergency Shutdown Systems Market for Pneumatic Control, Revenue and Forecast to 2027 (US$ Mn)
8.4 Electrical
8.4.1 Overview
8.4.2 Asia-Pacific Emergency Shutdown Systems Market for Electrical Control, Revenue and Forecast to 2027 (US$ Mn)
8.5 Fibre-optic
8.5.1 Overview
8.5.2 Asia-Pacific Emergency Shutdown Systems Market for Fiber-optic Control, Revenue and Forecast to 2027 (US$ Mn)
8.6 Hydraulic
8.6.1 Overview
8.6.2 Asia-Pacific Emergency Shutdown Systems Market for Hydraulic Control, Revenue and Forecast to 2027 (US$ Mn)
9. Asia-Pacific Emergency Shutdown System Market - By End-User Industry
9.1 Overview
9.2 Asia-Pacific Emergency Shutdown System Market Breakdown, by End-User Industry, 2018 and 2027
9.3 Oil & Gas
9.3.1 Overview
9.3.2 Asia-Pacific Emergency Shutdown System Market for Oil & Gas, Revenue and Forecast to 2027 (US$ Mn)
9.4 Refining
9.4.1 Overview
9.4.2 Asia-Pacific Emergency Shutdown System Market for Refining, Revenue and Forecast to 2027 (US$ Mn)
9.5 Power Generation
9.5.1 Overview
9.5.2 Asia-Pacific Emergency Shutdown System Market for Power Generation, Revenue and Forecast to 2027 (US$ Mn)
9.6 Chemicals
9.6.1 Overview
9.6.2 Asia-Pacific Emergency Shutdown System Market for Chemicals, Revenue and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Asia-Pacific Emergency Shutdown System Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
10. Asia-Pacific Emergency Shutdown Systems Market -Country Analysis
10.1 Overview
10.1.1 Asia-Pacific Emergency shutdown system Market Breakdown, by Country
10.1.1.1 China Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.1.1.1 China Emergency shutdown system Market Breakdown, by Component
10.1.1.1.2 China Emergency shutdown system Market Breakdown, by Control Method
10.1.1.1.3 China Emergency shutdown system Market Breakdown, by End-user Industry
10.1.1.2 Japan Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.1.3 Japan Emergency shutdown system Market Breakdown, by Component
10.1.1.4 Japan Emergency shutdown system Market Breakdown, by Control Method
10.1.1.5 Japan Emergency shutdown system Market Breakdown, by End-user Industry
10.1.1.6 India Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.1.6.1 India Emergency shutdown system Market Breakdown, by Component
10.1.1.6.2 India Emergency shutdown system Market Breakdown, by Control Method
10.1.1.6.3 India Emergency shutdown system Market Breakdown, by End-user Industry
10.1.1.7 South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.1.7.1 South Korea Emergency shutdown system Market Breakdown, by Component
10.1.1.7.2 South Korea Emergency shutdown system Market Breakdown, by Control Method
10.1.1.7.3 South Korea Emergency shutdown system Market Breakdown, by End-user Industry
10.1.1.8 Australia Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.1.8.1 Australia Emergency shutdown system Market Breakdown, by Component
10.1.1.8.2 Australia Emergency shutdown system Market Breakdown, by Control Method
10.1.1.8.3 Australia Emergency shutdown system Market Breakdown, by End-user Industry
10.1.1.9 Rest of Asia-Pacific Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
10.1.1.9.1 Rest of Asia-Pacific Emergency shutdown system Market Breakdown, by Component
10.1.1.9.2 Rest of Asia-Pacific Emergency shutdown system Market Breakdown, by Control Method
10.1.1.9.3 Rest of Asia-Pacific Emergency shutdown system Market Breakdown, by End-user Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Siemens AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 ABB Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Emerson Electric Co.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 General Electric Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 National Oilwell Varco, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Cameron International Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 OMRON Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schneider Electric SE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Yokogawa Electric Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About
13.2 Glossary
LIST OF TABLES
Table 1. Asia-Pacific Emergency shutdown system Market Revenue and Forecast to 2027 (US$ Mn)
Table 2. China Emergency shutdown system Market, Revenue and Forecast to 2027 - By Component (US$ Mn)
Table 3. China Emergency shutdown system Market, Revenue and Forecast to 2027 - By Control method (US$ Mn)
Table 4. China Emergency shutdown system Market, Revenue and Forecast to 2027 - By End-user Industry (US$ Mn)
Table 5. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 - By Component (US$ Mn)
Table 6. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 - By Control method (US$ Mn)
Table 7. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 - By End-user Industry (US$ Mn)
Table 8. India Emergency shutdown system Market, Revenue and Forecast to 2027 - By Component (US$ Mn)
Table 9. India Emergency shutdown system Market, Revenue and Forecast to 2027 - By Control method (US$ Mn)
Table 10. India Emergency shutdown system Market, Revenue and Forecast to 2027 - By End-user Industry (US$ Mn)
Table 11. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 - By Component (US$ Mn)
Table 12. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 - By Control method (US$ Mn)
Table 13. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 - By End-user Industry (US$ Mn)
Table 14. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 - By Component (US$ Mn)
Table 15. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 - By Control method (US$ Mn)
Table 16. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 - By End-user Industry (US$ Mn)
Table 17. Rest of Asia-Pacific Emergency shutdown system Market, Revenue and Forecast to 2027 - By Component (US$ Mn)
Table 18. Rest of Asia-Pacific Emergency shutdown system Market, Revenue and Forecast to 2027 - By Control method (US$ Mn)
Table 19. Rest of Asia-Pacific Emergency shutdown system Market, Revenue and Forecast to 2027 - By End-user Industry (US$ Mn)
Table 20. Glossary of Terms, Emergency Shutdown Systems Market
LIST OF FIGURES
Figure 1. Asia-Pacific Emergency Shutdown Systems Market Segmentation
Figure 2. Asia-Pacific Emergency Shutdown Systems Market Segmentation - By Country
Figure 3. Emergency Shutdown System Market - Overview
Figure 4. Emergency Shutdown System Market - Strategic Analysis
Figure 5. Asia-Pacific Emergency Shutdown System Market - Component
Figure 6. Emergency Shutdown System Market - Control Method
Figure 7. Emergency Shutdown System Market - End-user Industry
Figure 8. Asia Pacific - PEST analysis
Figure 9. Ecosystem Analysis - Emergency Shutdown System Market
Figure 10. Expert Opinion
Figure 11. Impact Analysis: Drivers and Restraints Pertaining to Emergency Shutdown Systems Market
Figure 12. Asia-Pacific Emergency shutdown system Market Forecast and Analysis, (US$ Mn)
Figure 13. Asia-Pacific Emergency Shutdown Systems Market Breakdown, by Component, 2018 & 2027 (%)
Figure 14. Asia-Pacific Emergency Shutdown Systems Market for Switches, Revenue and Forecast to 2027 (US$ Mn)
Figure 15. Asia-Pacific Emergency Shutdown Systems Market for Sensors, Revenue and Forecast to 2027 (US$ Mn)
Figure 16. Emergency Shutdown Systems Market for Programmable Safety Systems, Revenue and Forecast to 2027 (US$ Mn)
Figure 17. Asia-Pacific Emergency Shutdown Systems Market for Safety Valves, Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Asia-Pacific Emergency Shutdown Systems Market for Actuators, Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Asia-Pacific Emergency Shutdown Systems Market for Other Components, Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Asia-Pacific Emergency Shutdown System Market Breakdown, by Control Method, 2018 and 2027 (%)
Figure 21. Asia-Pacific Emergency Shutdown Systems Market for Pneumatic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Asia-Pacific Emergency Shutdown Systems Market Electrical Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Asia-Pacific Emergency Shutdown Systems Market for Fiber-optic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Asia-Pacific Emergency Shutdown Systems Market for Hydraulic Control, Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Asia-Pacific Emergency Shutdown System Market Breakdown, by End-User Industry, 2018 and 2027 (%)
Figure 26. Asia-Pacific Emergency Shutdown System Market for Oil & Gas, Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Asia-Pacific Emergency Shutdown System Market for Refining, Revenue and Forecast to 2027 (US$ Mn)
Figure 28. Asia-Pacific Emergency Shutdown System Market for Power Generation, Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Emergency Shutdown System Market for Chemicals, Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Asia-Pacific Emergency Shutdown System Market for Other Industries, Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Asia-Pacific Emergency shutdown system Market Breakdown, by Country, 2018 and 2027(%)
Figure 32. China Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Japan Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 34. India Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 35. South Korea Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 36. Australia Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 37. Rest of Asia-Pacific Emergency shutdown system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 38. Emergency Shutdown system Market, Industry Landscape (2016-2019) %
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The List of Companies - Asia Pacific Emergency Shutdown Systems Market
1. Siemens AG
2. ABB Ltd.
3. Emerson Electric Co.
4. General Electric Company
5. Honeywell International Inc.
6. National Oilwell Varco, Inc.
7. Cameron International Corporation
8. OMRON Corporation
9. Schneider Electric SE
10. Yokogawa Electric Corporation