The report "Global Emergency Shutdown Systems Market, By Control Method (Electrical Fiber Optic, Pneumatic, Hydraulic, and Other Control Methods), By End-user Vertical (Oil and Gas, Refining, Power Generation, Metal and Mining, Paper and Pulp, and Other End-user Verticals), and Region - Global Forecast to 2029". Global Emergency Shutdown Systems market is projected to grow from US $xx billion in 2019 to US$ XX billion by 2029. The rapid growth of industries like gas and oil has been driving the growth of industrial emergency shutdown systems market. However, government regulations to regulate the use of hazardous products and the rising safety norms such as factor hamper market growth. Also, High cost of system and maintenance restrain the market growth. Furthermore rise in acceptance of industrial IoT and demanding programmable safety systems in industrial emergency shutdown systems is a platform provide strong growth opportunities in the market.
Global Emergency Shutdown Systems Market | PMI (prophecymarketinsights.com)