
Have a question?
Please get in touch with our team in case of any queries
THE GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET WAS VALUED AT USD 2.28 BILLION IN 2024 AND IS PROJECTED TO REACH USD 3.70 BILLION BY 2030, GROWING AT A CAGR OF 8.44% DURING THE FORECAST PERIOD.
The Emergency Shutdown Systems Market Size, Share & Trend Analysis Report By
- Component: Sensors, Logic Solver, Valves & Actuators, and Others
- Control Method: Electrical, Pneumatic, Hydraulic, and Others
- Industry: Oil & Gas, Chemical & Petrochemical, Power Generation, and Others
- Geography: North America, Europe, APAC, Middle East & Africa, and Latin America
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
EMERGENCY SHUTDOWN SYSTEMS MARKET REPORT SCOPE
REPORT ATTRIBUTE | DETAILS |
---|---|
Market Size (2030) | USD 3.70 Billion |
Market Size (2024) | USD 2.28 Billion |
CAGR (2024-2030) | 8.44% |
HISTORIC YEAR | 2021-2023 |
BASE YEAR | 2024 |
FORECAST YEAR | 2025-2030 |
SEGMENTS BY | Component, Control Method, Industry and Geography |
GEOGRAPHIC ANALYSIS | North America, APAC, Europe, Middle East & Africa, and Latin America |
KEY PLAYERS | ABB Ltd., Emerson Electric Co., Honeywell International Inc., Schneider Electric SE, and Siemens AG |
MARKET INSIGHTS
The global emergency shutdown systems market was valued at USD 2.28 billion in 2024 and is projected to reach USD 3.70 billion by 2030, growing at a CAGR of 8.44% during the forecast period. The market is growing significantly due to increasing awareness of safety, the rising complexity of industrial processes, and the growing adoption of ESD systems in the pharmaceutical industry. Stringent safety regulations and the integration of the Internet of Things (IoT) are also key drivers of this growth. Additionally, the expansion of nuclear power plant construction, the use of artificial intelligence (AI) and Machine Learning in ESD, advancements in edge computing, increased automation, the adoption of wireless devices, digital twin technology, and data-driven solutions are contributing to the market's rapid development.
RECENT VENDOR ACTIVITIES
- In 2023, Wartsila, an innovative technologies and lifecycle solutions company for the marine and energy markets, has completed another crucial milestone in demonstrating the safety of its energy storage system (ESS), GridSolv Quantum.
- In 2022, Emerson Electric Co. introduced the TopWorxTM DX PST with HART 7. It offers valuable diagnostic information and valve data, which enable the digital transformation of process applications. The new DX PST integrates seamlessly with existing control systems and valves, giving operators access to critical valve data, and diagnostics which can be used to understand and schedule maintenance.
KEY TAKEAWAYS
- Market Growth: The global emergency shutdown systems market was valued at USD 2.28 billion in 2024 and is projected to reach USD 3.70 billion by 2030, growing at a CAGR of 8.44% during the forecast period.
- By Component: The sensor segment holds the largest market share in 2024. The segmental growth is due to the sensor being a major component as it is used to find the dangerous conditions that can require immediate shutdown, which helps in stopping various accidents before and saving or protecting the assets and personnel.
- By Control Method: The electrical segment accounts for the largest market share. The segment is growing due to its high stability and reliability, which is ideal for safety-critical applications.
- By Industry: The oil & gas segment shows incremental growth of USD 0.40 billion during the forecast period. The increased need for managing various hazardous risks associated with hydrocarbon extraction and processing helps market growth.
- By Geography: APAC shows the highest growth of 9.16% during the forecast period. The market’s growth is driven by faster developments of manufacturing facilities and rising industrialization.
- Growth Factor: The global emergency shutdown systems market is set to grow due to growth in nuclear power plant construction and the increasing complexity of industrial processes.
MARKET TRENDS
Integration of the Internet of Things (IoT)
IoT is a major trend in the ESD systems market which is shaping the future in coming years. It is driven by IoT sensors, cloud integration, preventive actions, real-time data & analysis, wireless communication, and increased accessibility. IoT in ESD systems gives several advantages including increased efficiency, cost savings, enhanced safety, and better compliance. With the continuous developments in these technologies, it is expected that there will be more advancements in emergency shutdown systems in the coming years.
Growth in Nuclear Power Plant Construction
Nuclear power plants have required extremely stringent safety due to the potential for the high consequences of accidents and radioactive releases. ESD systems are required to ensure safe operations and prevent catastrophic events. The growth in nuclear power plant construction presents a significant opportunity for the global emergency shutdown systems (ESD) market due to the critical safety requirements, modernization of existing plants, increased demand for new plants, and stringent regulations & standards. The demand for new power plants in many of the countries has increased significantly. Countries are seeking to expand the nuclear power plant’s capacity to reduce the reliance on fossil fuels and meet the rising energy demands. The increased demand for nuclear power plants translates to increased construction activities, which require sophisticated ESD systems.
MARKET DRIVERS
Growing Awareness of Safety
The growing awareness of safety is a significant driver in the global emergency shutdown systems market due to several factors including increased focus on preventing losses, rising emphasis on worker safety, technological advancements, and shifting attitudes. Companies with strong brand reputations and safety records return and attract talent. Investing in ESD systems shows a commitment to safety, which enhances public perception and brand image. It drives the demand for ESD systems, during the forecast period. The increased media coverage increases awareness about safety incidents among the public and this increases the pressure on companies to focus more on safety. The companies are continuously investing in safety measures to demonstrate social responsibility and protect their surrounding communities and workforce.
Increasing Complexity of Industrial Processes
The increasing complexity of industrial processes is a significant driver in the global emergency shutdown systems market due to several factors including larger-scale operations, advanced technologies & processes, automation & interconnectedness, and stringent safety regulations. The industrial facilities are becoming more complex and larger to meet the rising demand. This rising capacity increased the potential for various accidents, which makes the ESD system crucial for preventing large-scale incidents and minimizing risks. Many industrial operations like the extraction of oil & gas, can be challenging in remote locations or environments. ESD system allows it to give a mechanism of reliable safety in such locations.
INDUSTRY RESTRAINTS
High Cost
The initial cost of emergency shutdown systems, especially those integrated with smart technologies, such as AI and IoT, involves high upfront costs. It can be difficult for smaller organizations or businesses with limited budgets to adopt the latest safety system. ESD systems involve a wide range of hardware components such as sensors, valves, actuators, switches, etc. Reliable and high-quality sensors for detecting hazardous conditions can be expensive. Safety valves often with redundant configurations have higher costs. Communication networks are essential for ESD systems, adding to the overall cost of ESD systems. The real-time monitoring solutions are expensive to install in complex facilities or larger areas.
Cybersecurity Risks in Connected Systems
Cybersecurity risks in connected systems are a major challenge in the emergency shutdown systems market. This is due to the vulnerability of IoT-enabled ESD systems, integration with building management systems (BMS), targeted attacks on critical infrastructure, data privacy & compliance challenges, threats of cloud-based monitoring systems, and lack of cybersecurity standards in fire safety systems. If emergency shutdown systems are not secured properly, they can be exploited by criminals to gain control or disrupt services over the safety infrastructure. It may create a bigger safety issue. The risk of cybersecurity is amplified by the rising number of connected devices. The cloud-based safety management systems allow remote access to emergency shutdown systems controls.
SEGMENTATION INSIGHTS
INSIGHTS BY COMPONENT
The global emergency shutdown systems market by component is segmented into sensors, logic solver, valves & actuators, and others. The sensors segment dominates and holds the largest market share in 2024. Sensors are a major component of emergency shutdown (ESD) systems, as they detect dangerous conditions that may require an immediate shutdown. They monitor various parameters and continuously send signals to the logic solver. By preventing accidents, sensors play a crucial role in protecting both assets and personnel. In an ESD system, sensors provide feedback to the control algorithm, which determines the variables that need to be controlled. Temperature sensors, for example, detect abnormal temperature conditions or rising temperatures that exceed safe levels. The demand for smart sensors is growing significantly due to their advanced communication capabilities and diagnostics. Additionally, the adoption of wireless sensors is increasing due to their flexibility and ease of installation. This trend is expected to drive the demand for sensors used in emergency shutdown systems in the global market during the forecast period.
INSIGHT BY CONTROL METHOD
The global emergency shutdown systems market by control method is categorized into electrical, pneumatic, hydraulic, and others. The electrical control method accounted for the largest market share. Electrical control methods are known for their flexibility and enhanced diagnostics. They offer high stability and reliability, making them ideal for safety-critical applications. Electrical components such as PLCs and relays provide predictable performance during emergencies by ensuring the accurate and proper execution of shutdown commands. The demand for electrical control methods is rising significantly due to several factors, including lower costs, easier maintenance, wider applications, wireless communication, the adoption of industrial Ethernet, fault tolerance, and cybersecurity. Their lower costs stem from the reduced upfront expenses of relays, wiring, and panels. Additionally, maintaining and troubleshooting electrical systems is easier and less expensive compared to hydraulic or pneumatic systems. This trend is expected to drive the demand for electrical control methods in ESD systems in the global market.
INSIGHT BY INDUSTRY
Based on the industry, oil & gas holds the largest share and shows incremental growth of USD 0.40 billion during the forecast period. The oil & gas segment faces a high risk of hazardous situations due to volatile substances, extreme operating conditions, and complex processes. As a result, ESD systems play a crucial role in preventing accidents, mitigating risks, and protecting assets, personnel, and the environment. The demand for ESD systems in the oil & gas sector is rising significantly due to several factors, including stringent regulations, environmental concerns, and high-risk operating environments. This segment includes upstream, midstream, and downstream operations. ESD systems are essential for preventing catastrophic events such as fires and ensuring the safety of personnel and assets on offshore platforms. Additionally, they help mitigate equipment failures and control incidents in onshore drilling rigs. Growing regulations aimed at preventing emissions and spills, along with increasing environmental awareness, are driving the need for stable ESD systems. Furthermore, the rising global demand for oil & gas production is expected to boost the ESD system market during the forecast period.
GEOGRAPHICAL ANALYSIS
APAC region shows significant growth, with the fastest-growing CAGR of 9.16% during the forecast period. The market is growing rapidly due to rapid industrialization, increased awareness of safety, rising demand for power generation, stringent safety regulations, and increasing foreign investments in countries such as China, India, Indonesia, Malaysia, and South Korea. Additionally, the expansion of manufacturing industries—including automotive, pharmaceutical, and food & beverages—in countries like India and China is further driving demand. The growth of the manufacturing sector in these countries necessitates the adoption of ESD systems to mitigate risks associated with hazardous events. Industrial developments and rising investments in large-scale infrastructure projects are also fueling the need for ESD systems across the Asia-Pacific (APAC) region. Furthermore, the increasing demand for airports and railways, driven by growing traffic volumes, is contributing to the need for ESD systems to reduce accidental risks in air and rail transportation.
COMPETITIVE LANDSCAPE
The global emergency shutdown systems market report contains exclusive data on 27 vendors. The market is characterized by a mix of emerging companies and established players. It is dominated by a few key companies offering a wide range of emergency shutdown systems. The industry is highly competitive, with major companies competing for market share through strategic mergers, acquisitions, and product innovations. To stay ahead, companies continuously update their product offerings in line with the latest trends. Leading firms are acquiring smaller companies to expand their market reach and enhance their product portfolios. With ongoing technological advancements, businesses are heavily investing in R&D to improve their product offerings. Additionally, they are focusing on launching emergency shutdown system components designed for complex industrial processes to enhance safety and efficiency. Companies are also tailoring their products to meet the specific requirements of various industries.
SNAPSHOT
The global emergency shutdown systems market size is expected to grow at a CAGR of approximately 8.44% from 2024 to 2030.
Base Year: 2024
Forecast Year: 2025-2030
The report considers the present scenario of global emergency shutdown systems and its market dynamics for 2025−2030. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
Key Vendors
- ABB Ltd.
- Business Overview
- Product Offerings
- Key Developments
- Key Strategies
- Key Strengths
- Key Opportunities
- Emerson Electric Co.
- Honeywell International Inc.
- Schneider Electric SE
- Siemens AG
Other Prominent Vendors
- Rockwell Automation, Inc.
- Business Overview
- Product Offerings
- HIMA Group
- Yokogawa Electric Corporation
- OMRON Corporation
- Norgren Ltd
- GE Vernova
- Proserv UK Ltd
- Wartsila
- Metso Outotec
- Johnson Controls International PLC
- Vydraulics Group
- Safoco Inc.
- Winn-Marion Companies
- NOV Inc.
- Ruelco Inc.
- Rotork
- BWB Controls
- VERSA
- Esoteric Automation & Control Technologies
- Halliburton
- Worldwide Oilfield Machine
- Kongsberg Maritime
SEGMENTATION & FORECASTS
- By Component
- Sensors
- Logic Solver
- Valves & Actuators
- Others
- By Control Method
- Electrical
- Pneumatic
- Hydraulic
- Others
- By Industry
- Oil & Gas
- Chemical & Petrochemical
- Power Generation
- Others
- By Geography
- North America
- US
- Canada
- APAC
- China
- India
- Japan
- South Korea
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Middle East & Africa
- Saudi Arabia
- UAE
- Turkey
- Latin America
- Brazil
- Mexico
Frequently Asked Questions
Which component segment has the largest share in the global emergency shutdown systems market?
How big is the global emergency shutdown systems market?
Which control methods segment provides more business opportunities in the global emergency shutdown systems market?
Who are the major players in the global emergency shutdown systems market?
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY SENSORS 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY LOGIC SOLVER 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY VALVES & ACTUATORS
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY OTHERS 2021–2030 ($ BN) 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY ELECTRICAL 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY PNEUMATIC 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY HYDRAULIC 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY OTHERS 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY OIL & GAS 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY CHEMICAL & PETROCHEMICAL 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY POWER GENERATION 2021–2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN SYSTEMS MARKET BY OTHERS 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN SYSTEMS MARKET IN NORTH AMERICA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN US 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN CANADA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN APAC 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN CHINA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN INDIA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN JAPAN 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN SOUTH KOREA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN EUROPE 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN GERMANY 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN UK 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN FRANCE 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN ITALY 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN SPAIN 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN MEA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN SAUDI ARABIA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN UAE 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN TURKEY 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN LATIN AMERICA 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN BRAZIL 2021–2030 ($ BN)
- EMERGENCY SHUTDOWN MARKET IN MEXICO 2021–2030 ($ BN)
LIST OF TABLES
- GLOBAL EMERGENCY SHUTDOWN MARKET BY GEOGRAPHY 2021−2023 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN MARKET BY GEOGRAPHY 2024−2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN MARKET BY COMPONENT 2021−2023 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN MARKET BY COMPONENT 2024−2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN MARKET BY CONTROL METHOD 2021−2023 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN MARKET BY CONTROL METHOD 2024−2030 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN MARKET BY INDUSTRY 2021−2023 ($ BN)
- GLOBAL EMERGENCY SHUTDOWN MARKET BY INDUSTRY 2024−2030 ($ BN)
- SCOPE & COVERAGE
- MARKET DERIVATION
- MARKET DEFINITION
- SEGMENT COVERAGE & DEFINITION
- PREMIUM INSIGHTS
- OPPORTUNITY POCKET
- KEY MARKET HIGHLIGHTS
- REGIONAL INSIGHTS
- MARKET DYNAMICS
- OPPORTUNITY & TRENDS
- MARKET ENABLERS
- MARKET RESTRAINTS
- INTRODUCTION
- MARKET LANDSCAPE
- MARKET SEGMENTATION
- Component
- Control Method
- Industry
- GEOGRAPHICAL SEGMENTATION
- NORTH AMERICA
- ASIA-PACIFIC (APAC)
- EUROPE
- MIDDLE EAST & AFRICA (MEA)
- LATIN AMERICA
- COMPETITIVE LANDSCAPE
- COMPETITIVE SCENARIO
- MARKET SHARE ANALYSIS
- KEY COMPANY PROFILES
- OTHER PROMINENT COMPANY PROFILE
Select a license type that suits your business needs
Single User Licence
- Report accessible by one user only
- Free 10% or 3 days of customization
- Free post-sale service assistance
- Continuous support through email
5 User Licence
- Report accessible by 5 users within the organization
- Free 15% or 4.5 days of customization
- Continuous support through email and telephone
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Corporate Licence
- Free Datasheet worth $1500
- Report accessible by the entire organization
- Free 20% or 6 days of customization
- Free post-sale service assistance
- Continuous support through email and telephone
- Direct access to lead analysts
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Datasheet Licence
- Report accessible by 1 user only
- Free 15% or 32 hours of customization
- Free post-sale service assistance
- Direct access to lead analysts
Frequently Asked Questions
Which component segment has the largest share in the global emergency shutdown systems market?
How big is the global emergency shutdown systems market?
Which control methods segment provides more business opportunities in the global emergency shutdown systems market?
Who are the major players in the global emergency shutdown systems market?