Process and Discrete Industries Keen to Invest in Safety Systems, notes Frost & Sullivan

Sept. 19, 2011 - PRLog -- Process and Discrete Industries Keen to Invest in Safety Systems, notes Frost & Sullivan

Novel safety systems provide unprecedented agility and flexibility without process downtime

MOUNTAIN VIEW, Calif. – Sept. 19, 2011 – Increasing awareness of safety systems as well as the need to improve safety standards and drive operational excellence in work places is encouraging both the process and discrete industries to invest in such safety systems. The occurrence of many untoward incidents and the realization that process metrics and operations can be improved are fostering long term growth for the market.

New analysis from Frost & Sullivan’s (http://www.frost.com) Competitive Trends in Safety Systems Market research finds that the market has potential and displays a fragmented scenario within discrete markets and a consolidated scenario for process markets.

If you are interested in more information on this study, please send an email to Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, title, telephone number, company email address, company Web site, city, state and country.

Open standards and technology enhancements, such as having a unified platform for process control and safety system, offers end-users unprecedented agility and flexibility without process downtime. The adoption of an open-standard approach and a holistic product delivery capability ensures efficient migration strategy, thus enabling reduced downtime for end-users.

“This market trend is compelling end-users to look at mergers or acquisitions to consolidate the market or make a new entry into such potential markets,” said Frost & Sullivan Industry Analyst Muthuraman Ramasamy. “Large solution providers provide safety systems to both the process and discrete end-users through acquisition of niche or regional solution providers.”

With the market adoption increasing, solution providers must be judicious in striking alliances or acquiring companies that can have a symbiotic relationship between them. There is increased dynamics and competition in platform-based unified solutions that combine the effectiveness of a safety system and process control system.

The varying levels of awareness about safety systems across geographic regions require solution providers to look at innovative ways of penetrating the market. Leveraging localized presence of system integrators is one of the strategies adopted by solution providers for better penetration.

“While green field projects are on the rise in emerging economies, developed economies strive on retrofits,” said Ramasamy. “Hence, solution providers need to adopt innovative and a balanced go-to market strategies.”

Competitive Trends in Safety Systems Market is part of the Industrial Automation & Process Control Growth Partnership Services program, which also includes research in the following markets: Value-added Resellers and Systems Integrators in North American Industrial Automation Market—A Competitive Perspective; World Supervisory Control and Data Acquisition Markets; World Manufacturing Execution Systems; Vision of the Manufacturing and Production (Visi-MAP); North American Packing Materials Market; Growth Dynamics and Trends in Enterprise Manufacturing Intelligence Market; World Human Machine Interfaces; North American Seals Market; and Energy efficiency and Technology Trends in Automation and Compression Control Markets. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

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Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Competitive Trends in Safety Systems Market
N8F6

Contact:
Britni Myers
Corporate Communications – North America
P: 210.477.8481
E: britni.myers@frost.com

http://www.frost.com

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Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.