Integrated Architectures Drive Process Safety System Market

Process safety systems market growth has rebounded after the world economic downturn, especially in the developed economies of North America and Western Europe, according to ARC Advisory Group's global market research study.

"Process safety systems suppliers continue to cost reduce their hardware offerings and integrate their safety solutions with basic process control systems, said Barry Young, principal author of the "Process Safety Systems Global Market Research Study." Suppliers offering a truly integrated offering of process and safety are saving end users substantial project costs in engineering and lifecycle expense."

New technology trends include smart configurable I/O and distributed safety system architectures.  New software tools are increasingly making the systems easier to implement. The past emphasis on controller architecture (Dual, TMR, QMR) has diminished with more emphasis now placed on the overall process safety system solution and certification.

Cyber security's importance cannot be underestimated, particularly for safety and security of industrial processes. Closer integration of safety and security in process safety systems is required.

The main automation contractor (MAC) business model for executing projects is finding a growing acceptance with integrated process safety systems.  The lack of process safety experts requires creative project team sourcing with end users, suppliers, and specialty safety engineering firms.

More News:

  • WEG Electric Introduces the CFW500 Machinery Drive

    WEG's engineers specifically designed this new drive with increased features that focus on the machinery manufacturer's needs. It is simple, efficient, flexible and can be commissioned quickly and easily.

  • Manufacturing Technology Orders Down in May 2014

    Expectations for the 2014 manufacturing technology market were for a soft first half of the year, followed by a stronger second half. The fluctuations seen in the past few months are on track with forecasts, and all indications are that U.S. manufacturing activity is and will remain strong

  • Fast 2014 Start for NA Robotics

    A record 14,135 robots, valued at $788 million were ordered from North American robotics companies in the first half of 2014, an increase of 30% in units and 16% in revenue over the same period in 2013.

  • WEG Electric Introduces the CFW100 Mini Drive

    Programing is easy with the built in keypad that monitors two different parameters at the same time along with operation status, alarms and faults.

  • New and Noteworthy: Ocean Data Systems Develop Specialized Survey and Omega Engineering Receives Honorable Mention

    Omega Engineering received an Honorable Mention in the 2014 Best of Sensors Expo Innovation Award for its M12LCP thermocouple probes with high- temperature M12 molded connectors. The Gold Award winner was AG-SL900A EPC sensor tag and data logger IC from ams.

  • IMTS Will Land Big Footprint in Chicago

    The IANA pavilion will showcase the newest technologies focusing on new ideas and topics ranging from resource-efficient manufacturing and network security to secure industrial control systems and big data. In addition to more than 120 vendors from 16 countries, who will demonstrate their products and services, IANA will host the Global Automation and Manufacturing Summit, Motion, Drive & Automation Conference, and ISA training program.

  • NI Week Aids Industrial IoT Convergence

    Truchard reported that NI divides IoT into industrial IoT and consumer IoT, and this industrial side is focused on using big analog data, analytics, distributed timing and synchronization, and intelligence via cyber-physical systems to help factories, power grids, cities and machines work better.

  • Infographic: Internet of Things - What The Future Will Be Like

    The past 25 years of Internet growth was fueled by human communications. The next 25 years of Internet growth will be fueled by machines. How is the Internet going to affect us and what we do?

  • Bits and Bytes: Moxa Gets UL Certification; Fieldbus Int'l and Fieldbus Inc. Enter Strategic Alliance, and More

    Lemo, a Swiss designer and manufacturer of custom connectors, acquired Northwire, U.S. specialty cable manufacturer of wire and multi-conductor cable and retractiles for the medical, aerospace and defense, energy and industrial markets.

  • Industrial Businesses Know They Need More Cybersecurity; Don't Do Much About It

    So what are companies waiting for? Reasons cover everything from lack of knowledge about threat severity to worry about the cost-effectiveness of remedial efforts and the effect they might have on uptime. A full one-third of those surveyed reported they were unaware of the potential vulnerabilities in their ICS/SCADA environment, and another 19% said they were unsure about the degree of threat.

All news »

What are your comments?

You cannot post comments until you have logged in. Login Here.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments