Functional Safety Market Analysis: Projected to Reach USD 5.48 Billion by 2029, Growing at 10.04% CAGR
The global Functional Safety Market was valued at USD 5.48 billion in 2023 and is projected to grow at a robust CAGR of 10.04% through 2029. This growth is driven by an increasing emphasis on regulatory compliance, advancements in technology, and the integration of safety systems across industries such as automotive, oil and gas, and manufacturing. However, challenges such as […]
