The Global Safety PLC market is valued at USD 5.33 billion in 2016 and is expected to reach a value of USD 7.95 billion by the end of 2022 , growing at a projected CAGR of 6.90 % during the forecast period of 2017 – 2022 . Safety Programmable Logic Controllers ( PLC ) have different functionality than the traditional PLC systems . These controllers provide better monitoring facilities as well as self-diagnostics than the standard PLCs and are in fact , an improvement over the traditional hardwired electromechanical systems . The drivers of programmable safety logic controller adoption includes a set of international standards such as , EN ISO 13849-1 / 2 ( safety of machinery-safety related parts of control systems ), IEC / EN 62061 ( safety of machinery functional safety of electrical , electronic and programmable electronic control systems ), and IEC 61131 ( programmable logic controllers ). With the existence of these safety standards , the industry has started moving faster towards incorporating new safety technologies into their products .
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Safety programmable logic controllers have dual microprocessors and circuits for synchronous detection and constant monitoring of Flash and RAM . The standard PLC inputs have no means of testing the functionality of their input circuits , while programmable safety controllers actually do .
Need for functional flexibility , demand for safe equipment , industry safety standards and cost effective systems are some key factors driving the growth of the market .
The global safety programmable logic controllers market is broadly segmented on the basis of types , end-users and geography . On the basis of types , the safety programmable controllers market has been segmented into modular , compact and others . On the basis of its end-users , its applications could be explained under segments such as automotive , energy and power , manufacturing , pharmaceutical , food and beverages , oil & gas and others .
Some of the market players mentioned in the report are Rockwell Automation , ASTRE Engineering , Siemens , ABB , SICK Group , Schneider Electric and more .
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