Market Share of APAC Safety Instrumented Systems Industry
Players in the market are consolidated and are offering solutions specific to each application, like fire safety (fire and gas monitoring and control), pressure safety (high integrity pressure protection systems), and also others, like asset safety (Emergency Shutdown Systems), in case of emergencies, which are an integrated hardware and software solution.
- October 2020 - BP PLC and Amazon extended their longstanding relationship for accelerating the digitalization of infrastructure and operations. BP is migrating its data to the Amazon Aurora cloud database for operational resiliency and performance improvements as part of the digital transformation plan.
- May 2021 - Yokogawa Electric Corporation, a prominent player in the market, announced that it obtained SASecure CSA Level 1 certification from the ISA Security Compliance Institute (ISCI) for its ProSafe-RS safety instrumented system. The certificate helps ensure cyber security for its system and assists in gaining traction in the market for SIS.
APAC Safety Instrumented Systems Market Leaders
Rockwell Automation Inc.
Emerson Electric Company
Honeywell International Inc.
Yokogawa Electric Corporation
ABB Ltd
*Disclaimer: Major Players sorted in no particular order
