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2025-07-22 06:15:27 -

Global Functional Safety Market Forecast 2024-2030: Industry Insights and Growth Drivers

The global functional safety market size was estimated at USD 6.12 billion in 2023 and is projected to reach USD 9.21 billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030. The increasing demand for industrial automation, coupled with growing awareness regarding workplace safety, is a key factor propelling market expansion. Functional safety involves the development,...

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