Industrial Safety Market Size and Share
Industrial Safety Market Analysis by Mordor Intelligence
The industrial safety market reached USD 6.52 billion in 2025 and is forecast to expand at a 4.49% CAGR, lifting the industrial safety market size to USD 8.12 billion by 2030. Growth steadies as safety management shifts from reactive compliance toward predictive, data-driven programs embedded in ESG frameworks. Demand scales with stricter functional-safety regulations, deeper IIoT penetration, and the widening use of AI for hazard prediction. Safety sensors hold the largest component stake at 32% industrial safety market share, reflecting a “detection-first” architecture, while fire and gas monitoring systems control 27.5% of safety-system revenues, signaling preference for holistic hazard coverage. Oil and gas remains the biggest end user at 28% share, yet food and beverage advances fastest at 7% CAGR on tighter traceability rules and AI-enabled quality control. Regionally, Asia-Pacific leads with 34% share, and the Middle East and Africa charts the quickest regional CAGR at 6.9% as Vision 2030 projects raise petrochemical capacity.
Key Report Takeaways
- By component, safety sensors led with 32% of industrial safety market share in 2024; controllers and relays are projected to grow at a 6.8% CAGR through 2030.
- By safety system, fire and gas monitoring commanded 27.5% of the industrial safety market size in 2024; HIPPS is forecast to expand at 7.4% CAGR to 2030.
- By service, maintenance and support accounted for 36% share of the industrial safety market size in 2024, while consulting and training posts an 8.1% projected CAGR.
- By security level, SIL 3 systems captured 40% of industrial safety market share in 2024 and are advancing at a 7.9% CAGR through 2030.
- By end-user, oil and gas retained 28% revenue share in 2024; food and beverage records the highest growth rate at 7% CAGR.
- By geography, Asia-Pacific held 34% of the industrial safety market share in 2024; the Middle East and Africa is poised for 6.9% CAGR growth through 2030.
Global Industrial Safety Market Trends and Insights
Drivers Impact Analysis
| DRIVER | (~) % IMPACT ON CAGR FORECAST | GEOGRAPHIC RELEVANCE | IMPACT TIMELINE |
|---|---|---|---|
| ncreasing regulatory pressure across high-risk industries | 1.2% | Global, with early gains in North America, EU, Asia-Pacific | Medium term (2-4 years) |
| IIoT, robotics and advanced automation penetration | 1.8% | Global, spill-over concentrated in APAC, North America | Long term (≥ 4 years) |
| Worker-safety KPIs embedded in ESG scorecards | 0.9% | Global, with emphasis in EU, North America | Medium term (2-4 years) |
| Functional-safety certification demand in emerging economies | 0.7% | APAC core, spill-over to MEA, Latin America | Long term (≥ 4 years) |
| Cyber-secure safety system architectures | 0.6% | Global, with priority in critical infrastructure regions | Medium term (2-4 years) |
| Retrofit-friendly, modular safety "plug-ins" | 0.4% | Global, with concentration in mature industrial regions | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Increasing regulatory pressure across high-risk industries
China’s forthcoming EV-battery rule requires packs to resist fire or explosion for two hours after thermal runaway from July 2026, raising the bar for safety integrity and driving heavier investments in certified systems. The EU Machinery Regulation 2023/1230 mandates cybersecurity features in AI-enabled machinery by January 2027, pushing manufacturers to upgrade to secure, SIL-rated platforms.[1]TÜV Rheinland, “EU Machinery Regulation 2023/1230: Cybersecurity Requirements,” tuv.com India’s draft omnibus technical rule brings compulsory safety marks for industrial equipment, further widening addressable demand. The new NFPA 660 unites six combustible-dust codes, compelling dust-hazard analyses across woodworking, metalworking, and food processing operations. Collectively, these measures shift spending from discretionary upgrades to mandatory compliance.
IIoT, robotics and advanced automation penetration
Schneider Electric’s EcoStruxure Process Safety Advisor merges real-time sensor feeds and legacy data to yield enterprise risk dashboards.[2]Stephanie Neil, “Schneider Electric’s Process Safety Advisor,” Automation World, automationworld.com In mining, ABB’s Robot Charger eliminates human exposure during explosive charging, while autonomous haulage has cut fatality rates nearly fourfold since 2000. Across process plants, predictive maintenance platforms ingest IIoT sensor inputs to flag anomalies; Freeport-McMoRan’s AI suite now warns of safety threats days ahead of failure events. Adoption accelerates because operators see measurable injury-rate reductions and downtime savings.
Worker-safety KPIs embedded in ESG scorecards
Nearly 72% of food manufacturers report deploying AI or digital tools to meet both safety and sustainability targets. Rockwell Automation’s 2024 sustainability disclosure frames safety metrics as a pillar of carbon-neutral operations. UL Solutions confirms that more than 60% of Global 500 firms now link injury-rate KPIs to executive ESG incentives. With investor scrutiny mounting, executive teams fund safety upgrades as strategic levers for capital access.
Functional-safety certification demand in emerging economies
Emerging markets are moving quickly to align with top-tier functional-safety rules so they can win foreign capital and keep their export channels open. India’s Draft Omnibus Technical Regulation, for example, would require every piece of industrial machinery to carry a Bureau of Indian Standards safety mark, making local factories meet the same bar that multinationals expect. China is going even further its new GB 38031-2025 battery rule says a pack must resist fire or explosion for two hours after a thermal-runaway event, a tougher target than anything now enforced in Europe or the United States. By skipping older, less-demanding codes, these countries can leap straight to advanced standards, giving domestic producers an edge while making it harder for overseas rivals to sell non-compliant gear. Certification firms are following the moneyTÜV Rheinland has opened more test labs across Asia-Pacific and the Middle East to meet surging demand for globally recognized safety seals, which help local exporters clear customs in developed markets. The ripple effects are sizable. New rules spur spending on specialist engineers, test rigs, and training courses, creating well-paid technical jobs and building a deeper local skills base.
Restraints Impact Analysis
| RESTRAINTS | (~) % IMPACT ON CAGR FORECAST | GEOGRAPHIC RELEVANCE | IMPACT TIMELINE |
|---|---|---|---|
| High upfront CAPEX for SIL-rated systems | -0.8% | Global, particularly in emerging economies | Medium term (2-4 years) |
| Complex integration with legacy PLC/DCS | -0.6% | Global, concentrated in mature industrial regions | Short term (≤ 2 years) |
| Scarcity of TÜV-certified functional-safety engineers | -0.5% | Global, acute in APAC and MEA | Long term (≥ 4 years) |
| ROI uncertainty in low-incident industries | -0.3% | Global, particularly in non-critical applications | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
High upfront CAPEX for SIL-rated systems
SIL 3 architectures require redundant processors, voting logic, and high-integrity field devices, inflating project CAPEX versus standard automation. Despite cost hurdles, the U.S. Chemical Safety Board reports USD 697 million in property losses across 26 incidents in 2025, underscoring payback when catastrophes strike.[3]U.S. Chemical Safety Board, “Annual Incident Statistics 2025,” csb.gov Lifecyle models show insurance savings and avoided downtime can outweigh initial spend, but capital-constrained plants still defer upgrades.
Complex integration with legacy PLC/DCS
Brownfield facilities often rely on proprietary buses and dated I/O, forcing extensive engineering to mesh new safety loops. Emerson’s DeltaV v15 Feature Pack 2 adds Ethernet-based protocols and state-based control to smooth migrations. Even so, skill shortages keep integration services expensive, extending payback timelines for retrofit projects.
Segment Analysis
By Component: Sensors Drive Detection-First Safety Architecture
Safety sensors delivered 32% of industrial safety market revenue in 2024 and are expected to compound at 6.8% through 2030, sustaining the largest slice of industrial safety market size as plants embed pervasive detection across process units. Wireless methane sensors, dust-particulate lasers, and LiDAR-based proximity detectors multiply coverage while lowering installation labor. AI-enabled optics from Excelsense convert raw feeds into actionable alarms, cutting nuisance trips and downtime. The segment benefits from falling sensor ASPs, extended battery life, and robust wireless in harsh zones.
Controllers and relays grow alongside sensors by consolidating safety and basic control logic in common platforms. Rockwell Automation’s Logix SIS, certified for SIL 2/3, slashes engineering time because plants can reuse familiar I/O chassis. Safety valves keep a niche in high-pressure and corrosive services; Emerson’s custom valve lines illustrate deep application engineering. Meanwhile, cyber-secure communication modules and edge gateways emerge to feed machine-learning models, widening the component ecosystem.
Note: Segment shares of all individual segments available upon report purchase
By Safety System: Fire and Gas Monitoring Leads Comprehensive Protection
Fire and gas networks held 27.5% share of industrial safety market size in 2024 by combining multi-spectral flame detectors, infrared gas sensors, and model-based analytics to curb false alarms. Complex processing plants favor single-vendor suites that unify alarming, event logging, and evacuation logic. HIPPS is the fastest-expanding category at 7.4% CAGR; SIL 3-certified HIPPS cuts capex on flowline steel while preventing over-pressurization, saving offshore operators up to USD 25 million per well.
ESD and burner-management systems integrate more tightly with distributed control, streamlining diagnostics. Electrical HIPPS for ESP-lifted wells provide direct electrical isolation to attain SIL 3 without bulky mechanical valves. Over 2019-2024 the category lifted penetration in LNG, ammonia, and hydrogen projects where conventional relief stacks are prohibitive.
By Service: Maintenance Dominance Reflects Lifecycle Focus
Maintenance and support delivered 36% revenue in 2024 as asset owners pivot from break-fix to predictive service contracts that guarantee uptime. Vendors embed remote condition monitoring and AI analytics to identify degradation early, a model aligned with ESG calls for resource efficiency. Consulting and training, the fastest-growing service at 8.1% CAGR, addresses functional-safety talent gaps; TÜV-certified engineers remain scarce across APAC and MEA, pushing demand for third-party expertise.
Installation and commissioning work tracks greenfield capacity in emerging economies, whereas testing and inspection adopts automated valve-test rigs that reduce manual error and shorten turnaround windows. Historical growth mirrors the expanding installed base; every new loop adds an annuity stream for periodic proof tests, firmware updates, and regulatory recertification.
By Security Level (SIL): SIL 3 Dominance Reflects High-Consequence Applications
SIL 3 products captured 40% of industrial safety market share in 2024 and are expected to post a 7.9% CAGR through 2030 as process complexity and regulatory scrutiny intensify. Typical architecture uses triple-modular-redundant processors and 2oo3 voting to achieve probability-of-failure-on-demand below 1 × 10−3. Lower SIL 1/2 remain in ancillary loops where risk tolerance is higher, while SIL 4 stays niche for nuclear and passenger-rail signaling. Risk matrices guide selection; oil and gas pipelines might accept SIL 2 for pump trips but specify SIL 3 for isolation valves guarding populated areas.
Between 2019 and 2024, several refinery incidents triggered regulatory mandates for higher integrity, cementing SIL 3 as default for new hydrocarbons projects. Component vendors respond with off-the-shelf SIL 3 transmitters and Ethernet-APL modules, cutting engineering overhead.
Note: Segment shares of all individual segments available upon report purchase
By End-user Industry: Oil and Gas Leadership Faces Food and Beverage Challenge
Oil and gas remained the largest buyer at 28% of 2024 revenue, spanning wellheads, pipelines, LNG trains, and downstream refining. Elevated crude prices fund brownfield retrofits while decarbonization projects require safety validation for hydrogen blending and carbon-capture units. Food and beverage, rising at 7% CAGR, accelerates spending as FDA traceability rules effective January 2026 enforce automated recall management and contamination prevention. AI-based inspection lines intercept foreign objects in milliseconds, cutting recall costs and brand damage.
Chemicals and petrochemicals uptake grows with mega-cracker investments, whereas metals and mining automate haulage and blasting to remove workers from face zones. Energy and power integrates safety and protection relays in renewable inverters, and pharmaceuticals elevate contamination control alongside sterility assurance. Adoption spreads to water treatment and waste management as ESG frameworks widen safety accountability.
Geography Analysis
Asia-Pacific held 34% of industrial safety market share in 2024 on the back of manufacturing expansion, EV-battery rules, and rising functional-safety certifications. China’s aggressive standards drive local suppliers to fast-track SIL-rated offerings, while India’s omnibus safety regulation raises baseline compliance for machinery imports. Japan and South Korea deploy advanced robots with intrinsic safety, and Australia’s mining sector favors remote safety operations from urban control centers.
The Middle East and Africa exhibits the highest growth at 6.9% CAGR through 2030. Saudi Arabia and UAE channel Vision 2030 funds into petrochemical complexes, LNG bunkering, and green-hydrogen facilities, each mandating SIL 3 and SIL 4 safeguards. Nigeria and South Africa modernize mining with autonomous drills and dust-control systems, and Egypt’s new petro refineries incorporate HIPPS to minimize flaring.
North America and Europe remain mature but upgrade cycles intensify. The EU Machinery Regulation folds cybersecurity into mechanical safety, spurring retrofit demand before the January 2027 deadline. In the United States, Schneider Electric’s USD 700 million manufacturing expansion expands local content for data-center safety products. Canada’s oil-sands operators deploy edge-analytics for leak detection in minus-40-degree environments. Over 2019-2024, APAC’s share rose as governments tied foreign-investment approval to international safety standards, whereas OECD markets shifted spend toward digital enhancements rather than new capacity.
Competitive Landscape
The industrial safety market shows moderate consolidation. Top players integrate software, hardware, and services, but no single firm exceeds 20% global share, keeping competition dynamic. Emerson’s USD 7.2 billion AspenTech purchase blended advanced process control with SIS analytics, widening platform stickiness across refineries and chemical plants. Schneider Electric invests USD 700 million to onshore U.S. production, shortening lead times for data-center safety panels.
Strategic M&A targets niche technologies, Crane Company’s USD 1.06 billion buy of Baker Hughes’ sensor unit secures aerospace-grade pressure and radiation sensors, underscoring high valuations for differentiating IP. ABB sharpened its digital edge via an additional stake in edge-to-cloud firm Pratexo and by acquiring SEAM Group’s field-service arm, extending predictive-maintenance coverage across utilities. Siemens and Schneider both unveiled PLC programming copilots that leverage generative AI for safety-logic drafting, hinting at next-wave productivity gains.
White-space growth areas include cybersecurity overlays, automated ESG reporting, and emerging-market compliance packages. Patent filings rise around wireless SIL communication and machine-learning hazard prediction, with vendors creating cross-licensing pools to speed ecosystem adoption while defending core algorithms. Moderate concentration keeps bargaining power with large end users, although specialized sensor makers command premium margins for high-integrity niches.
Industrial Safety Industry Leaders
-
Schneider Electric SE
-
Honeywell International Inc.
-
ABB Ltd.
-
Rockwell Automation, Inc.
-
Siemens AG
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- February 2025: Emerson completed its USD 7.2 billion AspenTech purchase, forming an integrated software-defined automation suite.
- March 2025: Schneider Electric committed USD 700 million to expand U.S. manufacturing across six states.
- March 2025: ABB bought Siemens’ Wiring Accessories business in China for more than USD 150 million.
- September 2025: Crane Company agreed to buy Baker Hughes’ Precision Sensors and Instrumentation unit for USD 1.06 billion.
Global Industrial Safety Market Report Scope
Industrial safety encompasses safety management practices tailored for the industrial sector. These processes are designed to safeguard industrial workers, structures, machinery, facilities, and the surrounding environment. Oversight of industrial safety is provided by state, federal, and local laws and regulations.
The study tracks the revenue accrued through the sale of industrial safety products by various players in the global market. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyzes the overall impact of COVID-19 aftereffects and other macroeconomic factors on the market. The report’s scope encompasses market sizing and forecasts for the various market segments.
The industrial safety market is segmented by component (safety sensors, safety controllers/relays, safety valves, and other components), safety system (emergency shutdown systems (ESD), fire and gas monitoring systems, high integrity pressure protection systems (HIPPS), burner management systems (BMS), other safety systems), end-user industry (aerospace and defense, oil and gas, automotive, energy and power, metals and mining, pharmaceuticals and healthcare, food and beverage, chemical and petrochemical, and other end-user industries), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The report offers the market size in value terms in USD for all the abovementioned segments.
| Safety Sensors |
| Safety Controllers and Relays |
| Safety Valves |
| Other Components |
| Emergency Shutdown (ESD) |
| Fire and Gas Monitoring |
| High Integrity Pressure Protection (HIPPS) |
| Burner Management Systems (BMS) |
| Other Safety Systems |
| Installation and Commissioning |
| Consulting and Training |
| Maintenance and Support |
| Testing and Inspection |
| SIL 1 |
| SIL 2 |
| SIL 3 |
| SIL 4 |
| Oil and Gas |
| Energy and Power |
| Chemicals and Petrochemicals |
| Metals and Mining |
| Food and Beverage |
| Pharmaceutical and Healthcare |
| Automotive |
| Aerospace and Defense |
| OtherEnd-user Industries |
| North America | United States |
| Canada | |
| Mexico | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Europe | United Kingdom |
| Germany | |
| France | |
| Italy | |
| Spain | |
| Russia | |
| Rest of Europe | |
| Asia Pacific | China |
| Japan | |
| India | |
| South Korea | |
| Australia and New Zealand | |
| Southeast Asia | |
| Rest of Asia Pacific | |
| Middle East | Saudi Arabia |
| United Arab Emirates | |
| Turkey | |
| Rest of Middle East | |
| Africa | South Africa |
| Nigeria | |
| Kenya | |
| Rest of Africa |
| By Component | Safety Sensors | |
| Safety Controllers and Relays | ||
| Safety Valves | ||
| Other Components | ||
| By Safety System | Emergency Shutdown (ESD) | |
| Fire and Gas Monitoring | ||
| High Integrity Pressure Protection (HIPPS) | ||
| Burner Management Systems (BMS) | ||
| Other Safety Systems | ||
| By Service | Installation and Commissioning | |
| Consulting and Training | ||
| Maintenance and Support | ||
| Testing and Inspection | ||
| By Security Level (SIL) | SIL 1 | |
| SIL 2 | ||
| SIL 3 | ||
| SIL 4 | ||
| By End-user Industry | Oil and Gas | |
| Energy and Power | ||
| Chemicals and Petrochemicals | ||
| Metals and Mining | ||
| Food and Beverage | ||
| Pharmaceutical and Healthcare | ||
| Automotive | ||
| Aerospace and Defense | ||
| OtherEnd-user Industries | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Europe | United Kingdom | |
| Germany | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| Rest of Europe | ||
| Asia Pacific | China | |
| Japan | ||
| India | ||
| South Korea | ||
| Australia and New Zealand | ||
| Southeast Asia | ||
| Rest of Asia Pacific | ||
| Middle East | Saudi Arabia | |
| United Arab Emirates | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Nigeria | ||
| Kenya | ||
| Rest of Africa | ||
Key Questions Answered in the Report
What is the current size of the industrial safety market?
The industrial safety market size stands at USD 6.52 billion in 2025 and is forecast to reach USD 8.12 billion by 2030 on a 4.49% CAGR trajectory.
Which component segment leads the market?
Safety sensors lead, holding 32% of industrial safety market share in 2024 thanks to broad adoption of detection-first safety strategies.
Why is SIL 3 adoption accelerating?
SIL 3 systems balance high reliability with manageable cost; tighter regulations after recent refinery incidents push operators to specify SIL 3 loops, which now represent 40% of market revenue and grow at 7.9% CAGR.
Which end-user vertical is growing fastest?
Food & beverage shows the highest growth at 7% CAGR, driven by FDA traceability mandates taking effect in 2026 and widespread use of AI for contamination prevention.
Which region offers the strongest growth outlook?
The Middle East & Africa leads with a projected 6.9% CAGR through 2030, supported by Vision 2030 infrastructure spending and new petrochemical plants.
How are vendors differentiating their offerings?
Leaders integrate AI-driven analytics, cybersecurity overlays, and predictive maintenance services; examples include Emerson’s AspenTech platform and Schneider Electric’s generative-AI PLC programming assistants.
What restrains faster market expansion?
High upfront costs for SIL-rated systems and the scarcity of certified safety engineers slow adoption, especially in emerging economies.
Page last updated on: