Functional safety is a critical element for any system deployed within a vehicle, robot, factory, and beyond. It’s the system’s ability to detect, diagnose, and safely mitigate the occurrence of any fault, preventing harm to people and the environment.
Market Analysis and Insights: Global and United States Functional Safety R&D Market
This report focuses on global and United States Functional Safety R&D market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Functional Safety R&D market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, R&D Services accounting for % of the Functional Safety R&D global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Automotive was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Functional Safety R&D market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Functional Safety R&D Scope and Market Size
Functional Safety R&D market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Functional Safety R&D market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Functional Safety R&D market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
R&D Services
Turnkey Solution
Segment by Application
Automotive
Industrial and Medical
Aerospace & Defense
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Xilinx
Renesas
Cadence
Wind River technology
Horiba Mira
Arm Limited
TI
Microchip Technology
NXP
Cypress Semiconductor
Analog Devices
Microsemi
Emerson
OneSpin Solutions GmbH