Emergency Shutdown Valves Market Analysis, landscape & Growth Prospects Forecast
Posted by hexa123 on August 30th, 2017
Emergency shutdown system (ESD system) is a safety instrument system that helps in protecting the industrial facilities from any accidents or emergency situations. Oil and gas, chemical and petrochemical, power, water and wastewater are some of the major end-users of this safety instrument system. This system recognizes the threat and takes necessary measure to prevent any catastrophic events.
Emergency shutdown systems consist of emergency shutdown valves, sensors, PLC (Programmable logic controller) and other control devices. These components help in checking the conditions of each of the machinery and process to determine any problems or emergencies and this information is used by the control devices like PLC, DCS (Distributed control system) to take necessary action. The demand for these emergency shutdown systems have increased due to the raising industrial accidents and many of the end-user industries are implementing these systems to address the increasing concern over workplace safety. Growing awareness among the end-user industries is another reason for the implementation of emergency shutdown systems.
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The report covers the present scenario and the growth prospects of the global emergency shutdown valves market for 2017-2021. To calculate the market size, the report considers the new installations, sales and replacement, and services market.
The market is divided into the following segments based on geography:
Global Emergency Shutdown Valves 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.
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About the Authorhexa123
Joined: August 10th, 2017
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