Home » Use of Safety Systems Grows Along With Industrial Automation
Use of Safety Systems Grows Along With Industrial Automation
ControlDesign.com
01/21/2011
An increased use of industrial automation is bringing rise to more emphasis among end users on safety systems, making them a more critical part of the process industry, say analysts at Frost & Sullivan. Analyzing a range of sectors, they find that end users prefer integrated safety solutions to maintain continuous production, preventing breakdown of controls as well as processes.
The recent report, Strategic Analysis of the European Process Safety Market, predicts that Europe’s process safety market will grow from just over $459 million in 2010 to more than $632 million by 2016. “End users are facing intensifying pressure from regulatory bodies to comply with strict safety issues,” notes Katarzyna Owczarczyk, a research analyst with Frost & Sullivan. “Many end-user organizations have to meet safety regulations to provide safer working environments. The increased awareness of health and safety regulations is propelling the growth of the safety systems market.”
Safety system suppliers have introduced custom solutions that integrate plant controls and safety functions, thereby reducing human interference and greatly reducing the potential for some errors. There is also a move toward centralized control for monitoring plant assets across various regions. Implementation of separate layers of protection and provision of proper maintenance over a period of time will be the key to the emergence of new markets, Frost & Sullivan contends.
Safety system manufacturers have taken initiatives to promote the safety instrumented system (SIS) rather than conventional forms of safety, according to the report, but the higher cost remains a challenge. Benefits of a state-of-the-art SIS include lower cost of maintenance, which contributes to a lower cost of ownership and fewer plant shutdowns.
“All these benefits contribute to faster return on investment,” Owczarczyk says. “The initiatives taken by manufacturers are impacting the end-user acceptance of the SIS, which is clearly reflected by the double digit growth rates of the market.”
More News:
-
06/18/2013
Rockwell Automation Paves Way for $16 Billion Takeover
Bloomberg Reports Profits, Low Debt and Free Cash Flow Yield Are Making the Company an Acquisition Target of Large Corporations and Private Equity Firms
-
06/17/2013
IBM Accelerates Supply Chain Network Using Cloud-Based Information Exchange
CEVA Logistics Technology Speeds Material and Information Flow to Reduce Costs and Improve Customer Service
-
06/17/2013
It's Time to Vote for the 2013 Control Design Readers' Choice Awards
Vote Now and Enter Drawing for $100 Gift Card
-
06/14/2013
ITW Acquires Meurer Group
Acquisition to Help Expand Company Capabilities and Customer Solutions
-
06/14/2013
Intrinsic Safety Drives Process I/O Market Growth
ARC Global Market Research Study Predicts Latin America, the Middle East and Asia to Be Impacted Most
-
06/10/2013
U.S. Manufacturing Technology Orders Grow; Still Lag 2012
AMT Reports Orders Totaled $507.9 Million in March
-
06/06/2013
U.S. Lead in Additive Manufacturing Base Narrows
Wohlers Associates Analysis Finds Trends That Suggest U.S. Is Losing Its Competitive Advantage to Japan, Germany and China
-
06/05/2013
MRO Project Aims to Provide Enhanced, High-Value Machinery Support
IBM Scientist Reveals New Prototype That Will Help Engineers Locate Equipment, Provide Information and Receive Real-Time Visual Support
-
06/05/2013
ANSI Approves RIA's New Robot Safety Standard
Standard Allows Systems Designed and Built in One Country to Be Freely Moved to Other Countries While Maintaining Compliance With Safety Regulations
-
06/04/2013
The Journey to the Center of a 'Factory of the Future'
IDC Manufacturing Insights Survey Results Show More Than 43% of Manufacturers Have a Formal Process in Place to Design Future Production Plants
- All news »
Sponsored Links
Control Design Digital Edition
Access the entire print issue on-line and be notified each month via e-mail when your new issue is ready for you. Subscribe today.
- Featured White Papers
Print page