The global process safety services market is projected to register a CAGR of 10.43% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Global Process Safety Services Market, By Offering (Solution And Services), Safety Integrity Level (Level 1, Level 2, Level 3, and Level 4), End User (Process Manufacturing, Automotive and Discrete Manufacturing, Utilities, Government, Construction and Real Estate, Retail, and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, Japan, China, South Korea, India, Australia, New Zealand, Hong Kong, Taiwan, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, South Africa, UAE., Saudi Arabia, Kuwait, Rest of the Middle East and Africa, Brazil, Argentina, Venezuela, and Rest of South America) Industry Trends and Forecast To 2030
Some of the major factors contributing to the growth of the global process safety services market are:
Rising need for improvement in manufacturing management and product efficiency
Stringent government regulations for Health, Safety, and Environment (HSE)
Market Players
Some of the key market players in the global process safety services market are:
Siemens
Johnson Controls
Honeywell International Inc.
Emerson Electric Co.
Schneider Electric
Bureau Veritas
SGS SA
Rockwell Automation, Inc.
ABB
DEKRA
OMRON Corporation
Intertek Group plc
TV SD
SOCOTEC
MISTRAS Group
HIMA
Ingenero, Inc.
Smith & Burgess Process Safety Consulting
Process Engineering Associates, LLC
ioKinetic, LLC.
TABLE OF CONTENTS
1 INTRODUCTION 65
1.1 OBJECTIVES OF THE STUDY 65
1.2 MARKET DEFINITION 65
1.3 OVERVIEW OF GLOBAL PROCESS SAFETY SERVICES MARKET 65
1.4 CURRENCY AND PRICING 68
1.5 LIMITATIONS 68
1.6 MARKETS COVERED 68
2 MARKET SEGMENTATION 77
2.1 MARKETS COVERED 77
2.2 GEOGRAPHICAL SCOPE 78
2.3 YEARS CONSIDERED FOR THE STUDY 79
2.4 DBMR TRIPOD DATA VALIDATION MODEL 80
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 83
2.6 DBMR MARKET POSITION GRID 84
2.7 VENDOR SHARE ANALYSIS 86
2.8 MULTIVARIATE MODELING 87
2.9 OFFERING TIMELINE CURVE 88
2.10 MARKET END USER COVERAGE GRID 89
2.11 SECONDARY SOURCES 90
2.12 ASSUMPTIONS 90
3 EXECUTIVE SUMMARY 91
4 PREMIUM INSIGHTS 93
4.1 PORTERS FIVE FORCE ANALYSIS 96
4.2 REGULATORY STANDARDS 97
4.2.1 OVERVIEW 97
4.2.2 COMAH 97
4.2.3 CONTROL OF MAJOR ACCIDENT HAZARDS REGULATIONS 1999 (COMAH): EMERGENCY PLANNING FOR MAJOR ACCIDENTS 97
4.2.4 CONTROL OF MAJOR ACCIDENT HAZARDS REGULATIONS 2015 (COMAH): 97
4.2.5 HAZOP 97
4.2.6 SIF-PRO 98
4.2.7 IEC 61508 98
4.2.8 IEC 61511 98
4.2.9 BATTERY TESTING 98
4.2.9.1 UL-9540 98
4.2.9.2 UL-9540A 98
4.2.9.3 IEC 62133 98
4.2.9.4 IS 1651 99
4.2.10 NFPA 855 99
4.2.11 DSEAR 99
4.3 STANDARDS AND DIRECTIVES ANALYSIS 99
4.3.1 OVERVIEW 99
4.3.2 PROCESS SAFETY MANAGEMENT (PSM) 99
4.3.3 UNITED STATES ENVIRONMENTAL PROTECTION AGENCY (EPA) 100
5 MARKET OVERVIEW 101
5.1 DRIVERS 103
5.1.1 RISING NEED FOR IMPROVEMENT IN MANUFACTURING MANAGEMENT AND PRODUCT EFFICIENCY 103
5.1.2 STRINGENT GOVERNMENT REGULATIONS FOR HEALTH, SAFETY, AND ENVIRONMENT (HSE) 103
5.1.3 SURGING GROWTH IN THE NUMBER OF HAZARDOUS INCIDENTS 104
5.1.4 HIGH BENEFITS OFFERED BY PROCESS SAFETY SOLUTIONS AND SERVICES 105
5.2 RESTRAINTS 106
5.2.1 HIGH COST OF EXPENDITURE FOR PROCESS SAFETY SYSTEMS 106
5.2.2 COMPLEXITIES ASSOCIATED WITH IMPLEMENTATION STANDARDS 106
5.3 OPPORTUNITIES 107
5.3.1 RISING DEMAND FOR PROCESS SAFETY SERVICES IN PHARMACEUTICAL AND FOOD PROCESSING INDUSTRIES 107
5.3.2 INCREASING NEED TO REDUCE HAZARDOUS EVENTS IN OIL AND GAS INDUSTRY 108
5.3.3 RISING NEED FOR TRAINING FOR THE ENGINEER, OPERATOR, AND MAINTENANCE PROFESSIONALS 109
5.3.4 INCREASING GROWTH OF INDUSTRY 4.0 110
5.4 CHALLENGE 110
5.4.1 LACK OF AWARENESS AMONG INDUSTRIES FOR PROCESS SAFETY 110
6 GLOBAL PROCESS SAFETY SERVICES MARKET, BY OFFERING 111
6.1 OVERVIEW 112
6.2 SOLUTION 113
6.2.1 PSM PROGRAM MANAGEMENT 114
6.2.2 MECHANICAL INTEGRITY PROGRAM 114
6.2.3 EMERGENCY PLANNING AND RESPONSE 114
6.2.4 PROCESS SAFETY INFORMATION (PSI) 114
6.2.5 PROCESS HAZARD ANALYSIS (PHA) 115
6.2.6 CONTRACTOR MANAGEMENT PROGRAM 115
6.2.7 PRE-STARTUP SAFETY REVIEW (PSSR) 115
6.2.8 STANDARD OPERATING PROCEDURES (SOP) 115
6.2.9 DUST HAZARD ANALYSIS (DSA) 115
6.2.10 MANAGEMENT OF CHANGE (MOC) 115
6.2.11 COMPLIANCE MANAGEMENT 115
6.2.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 115
6.2.13 OTHERS 115
6.3 SERVICES 116
6.3.1 TESTING 117
6.3.2 CERTIFICATION AND INSPECTION 117
6.3.3 CONSULTING 117
6.3.4 TRAINING 117
6.3.5 AUDITING 117
7 GLOBAL PROCESS SAFETY SERVICES MARKET, BY SAFETY INTEGRITY LEVEL 118
7.1 OVERVIEW 119
7.2 LEVEL 2 120
7.3 LEVEL 3 121
7.4 LEVEL 1 121
7.5 LEVEL 4 122
8 GLOBAL PROCESS SAFETY SERVICES MARKET, BY END USER 123
8.1 OVERVIEW 124
8.2 PROCESS MANUFACTURING 125
8.2.1 PROCESS MANUFACTURING, BY OFFERING 126
8.2.1.1 SOLUTION 126
8.2.1.1.1 PSM PROGRAM MANAGEMENT 127
8.2.1.1.2 MECHANICAL INTEGRITY PROGRAM 127
8.2.1.1.3 EMERGENCY PLANNING AND RESPONSE 127
8.2.1.1.4 PROCESS SAFETY INFORMATION (PSI) 127
8.2.1.1.5 PROCESS HAZARD ANALYSIS (PHA) 127
8.2.1.1.6 CONTRACTOR MANAGEMENT PROGRAM 127
8.2.1.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 127
8.2.1.1.8 STANDARD OPERATING PROCEDURES (SOP) 127
8.2.1.1.9 DUST HAZARD ANALYSIS (DSA) 128
8.2.1.1.10 MANAGEMENT OF CHANGE (MOC) 128
8.2.1.1.11 COMPLIANCE MANAGEMENT 128
8.2.1.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 128
8.2.1.1.13 OTHERS 128
8.2.1.2 SERVICES 128
8.2.1.2.1 TESTING 129
8.2.1.2.2 CERTIFICATION AND INSPECTION 129
8.2.1.2.3 CONSULTING 129
8.2.1.2.4 TRAINING 129
8.2.1.2.5 AUDITING 129
8.2.2 PROCESS MANUFACTURING, BY TYPE 129
8.2.2.1 CHEMICAL 129
8.2.2.2 CONSUMER GOODS 130
8.2.2.2.1 FOOD AND BEVERAGE 130
8.2.2.2.2 PERSONAL CARE MANUFACTURING 130
8.2.2.2.3 OTHERS 130
8.2.2.3 PHARMACEUTICAL 130
8.2.2.4 METALS AND MINING 130
8.2.2.5 OIL AND GAS 130
8.2.2.6 PULP AND PAPER 131
8.2.2.7 OTHERS 131
8.3 AUTOMOTIVE AND DISCRETE MANUFACTURING 131
8.3.1 SOLUTION 132
8.3.1.1 PSM PROGRAM MANAGEMENT 133
8.3.1.2 MECHANICAL INTEGRITY PROGRAM 133
8.3.1.3 EMERGENCY PLANNING AND RESPONSE 133
8.3.1.4 PROCESS SAFETY INFORMATION (PSI) 133
8.3.1.5 PROCESS HAZARD ANALYSIS (PHA) 133
8.3.1.6 CONTRACTOR MANAGEMENT PROGRAM 133
8.3.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 133
8.3.1.8 STANDARD OPERATING PROCEDURES (SOP) 133
8.3.1.9 DUST HAZARD ANALYSIS (DSA) 133
8.3.1.10 MANAGEMENT OF CHANGE (MOC) 133
8.3.1.11 COMPLIANCE MANAGEMENT 134
8.3.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 134
8.3.1.13 OTHERS 134
8.3.2 SERVICES 134
8.3.2.1 TESTING 134
8.3.2.2 CERTIFICATION AND INSPECTION 134
8.3.2.3 CONSULTING 134
8.3.2.4 TRAINING 135
8.3.2.5 AUDITING 135
8.4 UTILITIES 135
8.4.1 UTILITIES, BY OFFERING 136
8.4.1.1 SOLUTION 136
8.4.1.1.1 PSM PROGRAM MANAGEMENT 137
8.4.1.1.2 MECHANICAL INTEGRITY PROGRAM 137
8.4.1.1.3 EMERGENCY PLANNING AND RESPONSE 137
8.4.1.1.4 PROCESS SAFETY INFORMATION (PSI) 137
8.4.1.1.5 PROCESS HAZARD ANALYSIS (PHA) 137
8.4.1.1.6 CONTRACTOR MANAGEMENT PROGRAM 137
8.4.1.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 137
8.4.1.1.8 STANDARD OPERATING PROCEDURES (SOP) 137
8.4.1.1.9 DUST HAZARD ANALYSIS (DSA) 138
8.4.1.1.10 MANAGEMENT OF CHANGE (MOC) 138
8.4.1.1.11 COMPLIANCE MANAGEMENT 138
8.4.1.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 138
8.4.1.1.13 OTHERS 138
8.4.1.2 SERVICES 138
8.4.1.2.1 TESTING 139
8.4.1.2.2 CERTIFICATION AND INSPECTION 139
8.4.1.2.3 CONSULTING 139
8.4.1.2.4 TRAINING 139
8.4.1.2.5 AUDITING 139
8.4.2 UTILITIES, BY TYPE 139
8.4.2.1 WASTE DISPOSAL 139
8.4.2.2 ELECTRICITY 139
8.4.2.3 HEAT 140
8.4.2.4 WATER 140
8.5 GOVERNMENT 140
8.5.1 SOLUTION 141
8.5.1.1 PSM PROGRAM MANAGEMENT 141
8.5.1.2 MECHANICAL INTEGRITY PROGRAM 141
8.5.1.3 EMERGENCY PLANNING AND RESPONSE 142
8.5.1.4 PROCESS SAFETY INFORMATION (PSI) 142
8.5.1.5 PROCESS HAZARD ANALYSIS (PHA) 142
8.5.1.6 CONTRACTOR MANAGEMENT PROGRAM 142
8.5.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 142
8.5.1.8 STANDARD OPERATING PROCEDURES (SOP) 142
8.5.1.9 DUST HAZARD ANALYSIS (DSA) 142
8.5.1.10 MANAGEMENT OF CHANGE (MOC) 142
8.5.1.11 COMPLIANCE MANAGEMENT 142
8.5.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 143
8.5.1.13 OTHERS 143
8.5.2 SERVICES 143
8.5.2.1 TESTING 143
8.5.2.2 CERTIFICATION AND INSPECTION 143
8.5.2.3 CONSULTING 143
8.5.2.4 TRAINING 143
8.5.2.5 AUDITING 144
8.6 CONSTRUCTION AND REAL ESTATE 144
8.6.1 SOLUTION 145
8.6.1.1 PSM PROGRAM MANAGEMENT 145
8.6.1.2 MECHANICAL INTEGRITY PROGRAM 145
8.6.1.3 EMERGENCY PLANNING AND RESPONSE 146
8.6.1.4 PROCESS SAFETY INFORMATION (PSI) 146
8.6.1.5 PROCESS HAZARD ANALYSIS (PHA) 146
8.6.1.6 CONTRACTOR MANAGEMENT PROGRAM 146
8.6.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 146
8.6.1.8 STANDARD OPERATING PROCEDURES (SOP) 146
8.6.1.9 DUST HAZARD ANALYSIS (DSA) 146
8.6.1.10 MANAGEMENT OF CHANGE (MOC) 146
8.6.1.11 COMPLIANCE MANAGEMENT 146
8.6.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 147
8.6.1.13 OTHERS 147
8.6.2 SERVICES 147
8.6.2.1 TESTING 147
8.6.2.2 CERTIFICATION AND INSPECTION 147
8.6.2.3 CONSULTING 147
8.6.2.4 TRAINING 147
8.6.2.5 AUDITING 148
8.7 RETAIL 148
8.7.1 SOLUTION 149
8.7.1.1 PSM PROGRAM MANAGEMENT 149
8.7.1.2 MECHANICAL INTEGRITY PROGRAM 149
8.7.1.3 EMERGENCY PLANNING AND RESPONSE 150
8.7.1.4 PROCESS SAFETY INFORMATION (PSI) 150
8.7.1.5 PROCESS HAZARD ANALYSIS (PHA) 150
8.7.1.6 CONTRACTOR MANAGEMENT PROGRAM 150
8.7.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 150
8.7.1.8 STANDARD OPERATING PROCEDURES (SOP) 150
8.7.1.9 DUST HAZARD ANALYSIS (DSA) 150
8.7.1.10 MANAGEMENT OF CHANGE (MOC) 150
8.7.1.11 COMPLIANCE MANAGEMENT 150
8.7.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 151
8.7.1.13 OTHERS 151
8.7.2 SERVICES 151
8.7.2.1 TESTING 151
8.7.2.2 CERTIFICATION AND INSPECTION 151
8.7.2.3 CONSULTING 151
8.7.2.4 TRAINING 151
8.7.2.5 AUDITING 152
8.8 OTHERS 152
9 GLOBAL PROCESS SAFETY SERVICES MARKET, BY REGION 153
9.1 OVERVIEW 154
9.2 NORTH AMERICA 159
9.2.1 U.S. 174
9.2.2 CANADA 185
9.2.3 MEXICO 196
9.3 ASIA-PACIFIC 207
9.3.1 CHINA 223
9.3.2 JAPAN 234
9.3.3 SOUTH KOREA 246
9.3.4 INDIA 257
9.3.5 AUSTRALIA 268
9.3.6 SINGAPORE 279
9.3.7 TAIWAN 290
9.3.8 MALAYSIA 301
9.3.9 NEW ZEALAND 312
9.3.10 THAILAND 323
9.3.11 INDONESIA 335
9.3.12 PHILIPPINES 347