Functional Safety Market Is Estimated To Witness High Growth Owing To Rising Automation in Industries and Rising Automotive Safety Regulations
The functional safety market is estimated to be valued at US$ 5767.57 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 covers solutions, services and systems that can ensure safety of equipment and machinery during their use. Functional...
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