Dec 14, 2017   SOURCE: BusinessWire

Global Intrinsic Safety Modules Market 2017-2021: High Demand for Process Automation in Emerging Markets - Research and Markets

The "Global Intrinsic Safety Modules Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global intrinsic safety modules market to grow at a CAGR of 5.81% during the period 2017-2021.

The report, Global Intrinsic Safety Modules Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is emergence of intrinsically safe wireless pressure sensors. Wireless pressure sensors feature a rugged metal enclosure with corrosion-resistant construction. Due to the sealed enclosure, they are highly suitable for outdoor applications in harsh environments. The pressure ports and the pressure diaphragm are also made of corrosion-resistant materials to make them resilient in the harshest of process media.

According to the report, one driver in the market is high demand for process automation in emerging markets. High demand for I/O safety modules, especially from the Middle East and the BRICS (Brazil, Russia, India, China, and South Africa) countries, will act as a major driver for the intrinsic safety modules market. Developed regions such as Europe and North America already possess a large market for these modules, whereas countries like China, India, Vietnam, South Korea, Thailand, and Indonesia and those in Latin America and the Middle East, which are emerging markets, are generating high demand for intrinsic safety modules.

Key vendors

  • Eaton
  • Rockwell Automation
  • Schneider Electric
  • Siemens

Other prominent vendors

  • ABB
  • Pepperl+ Fuchs
  • OMEGA
  • Rotork
  • IMI Sensors
  • Extronics

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Product

Part 08: Customer Landscape

Part 09: Market Segmentation By End-User

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/j37drc/global_intrinsic