The global Functional Safety Market is estimated to be valued at US$ 5767.57 Mn or Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
The Functional Safety market consists of safety instrumentation systems and safety-rated I/O modules that are used to implement and monitor safety ... Read more