Hyderabad, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Hyderabad, India, October 13, 2025 – According to a recent report published by Mordor Intelligence, the functional safety market size is expected to grow from USD 7 billion in 2025 to USD 11.53 billion by 2030, at a robust CAGR of 10.48% during the forecast period. This growth is being driven by rising automation, stricter safety regulations, and the push toward digitalized, risk-resilient industrial environments.
The industry is rapidly evolving as manufacturers integrate intelligent safety sensors, programmable logic controllers, and AI-driven diagnostics to improve reliability and operational efficiency. This shift reflects a broader trend toward connected, compliance-ready systems designed to ensure both safety integrity and productivity across sectors.
Key Trends Driving Functional Safety Market Growth
Digital Transformation Drives Safety Integration
The rise of smart factories and Industry 4.0 is pushing safety systems to connect seamlessly with networked operations. Advanced tools like digital twins and AI-driven analytics enable predictive maintenance and early fault detection, creating demand for flexible, programmable safety controllers and software that can be updated remotely while maintaining compliance.
Merging Safety and Cybersecurity
As industrial networks converge, safety systems face new cyber risks. Vendors are embedding encryption and threat detection within controllers, ensuring operations remain fail-safe. Growing demand for solutions that meet both functional safety and cybersecurity standards is shaping the market toward integrated, compliant platforms.
Strengthened Global Safety Regulations
Manufacturers are increasingly integrating safety into their designs due to evolving international standards. Updates to ISO and IEC guidelines, along with stricter enforcement of regional directives, are encouraging the adoption of certified, system-level safety solutions over standalone components. This trend helps companies simplify audits, ensure compliance, and accelerate market approvals.
Regional Growth Overview
Asia-Pacific is emerging rapidly, fueled by industrial upgrades, robotics, and innovative service models, while Europe continues to lead in functional safety adoption, driven by strict regulations and widespread automation in key industrial hubs. North America follows, with strong emphasis on worker safety, IT-OT integration, and safety-cybersecurity convergence. The Middle East and Africa are gradually adopting advanced safety systems in energy and process industries.
Comprehensive Market Segmentation Analysis
By Device Type
- Safety Sensors
- Safety Controllers / Modules / Relays
- Safety Switches
- Programmable Safety Systems
- Emergency Stop Devices
- Final Control Elements (Valves, Actuators)
- Other Device Types
By Safety Systems
- Burner Management Systems (BMS)
- Turbomachinery Control (TMC) Systems
- High-Integrity Pressure Protection Systems (HIPPS)
- Fire and Gas Monitoring Control Systems
- Emergency Shutdown Systems (ESD)
- Supervisory Control and Data Acquisition (SCADA) Systems
- Distributed Control Systems (DCS)
By Services
- Testing, Inspection and Certification
- Design, Engineering and Maintenance
- Training and Consulting Services
By End-user Industry
- Oil and Gas
- Power Generation
- Food and Beverage
- Pharmaceutical
- Automotive
- Other End-user Industries
By Geography
North America
- United States
- Canada
- Mexico
South America
- Brazil
- Argentina
- Rest of South America
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Australia
- Malaysia
- Rest of Asia-Pacific
Middle East and Africa
Middle East
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East
Africa
- South Africa
- Egypt
- Rest of Africa
For a full breakdown of market size, segmentation data, and competitive intelligence, visit: https://www.mordorintelligence.com/industry-reports/functional-safety-market?utm_source=globenewswire
Competitive Overview
The functional safety market is moderately fragmented, with major players integrating safety, automation, and cybersecurity into unified platforms. Companies are leveraging AI-driven analytics, digital twins, and cloud-based solutions to improve performance and reduce errors, while service providers differentiate through lifecycle support, training, and retrofit solutions. Startups focusing on AI validation and automation tools are also drawing interest as potential strategic acquisitions.
Companies Profiled in this report
- Rockwell Automation Inc.
- Emerson Electric Company
- Honeywell International Inc.
- ABB Ltd
- Yokogawa Electric Corporation
- Schneider Electric SE
- Siemens AG
- General Electric Company
- Omron Corporation
- SICK AG
- Panasonic Corporation
- Pepperl+Fuchs SE
- Banner Engineering Corporation
- Pilz GmbH and Co. KG
- HIMA Paul Hildebrandt GmbH
- Mitsubishi Electric Corporation
- Phoenix Contact GmbH and Co. KG
- Turck GmbH and Co. KG
- Balluff GmbH
- IDEC Corporation
Related Reports by Mordor Intelligence
Industrial Safety Market - The industrial safety market is set to grow from USD 6.52 billion in 2025 to USD 8.12 billion by 2030, at a 4.49% CAGR. Growth is driven by stricter safety regulations, rising awareness of workplace hazards, and the adoption of advanced technologies like IoT and AI across industries such as oil & gas, chemicals, and manufacturing.
Schneider Electric SE, Honeywell International Inc., ABB Ltd., Rockwell Automation, Inc., Siemens AG are the major companies operating in this market.
Read more about companies active in industrial safety at: https://www.mordorintelligence.com/industry-reports/industrial-safety-market/companies?utm_source=globenewswire
Machine Safety Market - The machine safety market is projected to rise from USD 5.58 billion in 2025 to USD 8.97 billion by 2030, growing at a 9.97% CAGR. Key drivers include increasing automation, compliance with global safety standards, and higher investment in sectors like automotive, food & beverage, and pharmaceuticals.
Rockwell Automation, Inc., Siemens AG, Schneider Electric SE, Omron Corporation, Sick AG are the major companies operating in this market.
Read more about companies active in machine safety at: https://www.mordorintelligence.com/industry-reports/machine-safety-market/companies?utm_source=globenewswire
Safety Switches Market - The safety switches market is valued at USD 2.2 billion in 2025 and is projected to reach USD 2.89 billion by 2030, growing at a CAGR of 5.61%. Growth is driven by rising demand for smart safety switches, stricter regulatory compliance, and the push to reduce industrial accidents and downtime.
Schneider Electric, Rockwell Automation, Siemens AG, Omron Corporation, Honeywell International are the major companies operating in this market.
Read more about companies active in safety switches at: https://www.mordorintelligence.com/industry-reports/global-safety-switches-market/companies?utm_source=globenewswire
About Mordor Intelligence
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