Market Share of North America Safety Systems Industry
The North America Safety Systems Market is a moderately fragmented market, with significant players like Honeywell International Inc., Yokogawa Electric Corporation, Emerson Electric Co., ABB Ltd., etc. Several market players are launching innovative products, entering into long-term partnerships, and enhancing their manufacturing & technical capabilities to cater to the evolving needs of consumers.
- May 2022 - Emerson launched its new emergency shutdown discrete valve controller that improves safety and uptime in hazardous applications. The new DX PST integrates seamlessly with existing valves and control systems, giving operators access to critical valve data, trends, and diagnostics that can be used to predict and schedule maintenance. As claimed by the company, DX PST's partial stroke test ensures the system's reliable function without shutting down the process.
- November 2021 - Compressor Controls LLC (CCC) and Yokogawa Electric Corporation announced that they had concluded a commercial agreement to sell a jointly developed solution, CCC Inside for Yokogawa CENTUM VP, that integrates Yokogawa's process control technology and CCC's turbomachinery control technology.
North America Safety Systems Market Leaders
Honeywell International Inc.
Mitsubishi Electric Corporation
Emerson Electric Co.
Yokogawa Electric Corporation
Siemens AG
*Disclaimer: Major Players sorted in no particular order
