"Executive Summary Functional Safety Market Size and Share Forecast CAGR Value The Global Functional Safety Market was valued at USD 43.86 billion in 2023. The market size is projected to grow at a CAGR of 6.87 % and reach USD 74.63 billion by 2031. With a capable and wide-ranging market research study, Functional Safety Market report provides the facts associated with any...

Market Overview The global functional safety market size was valued at USD 14239.37 million in 2024. It is expected to reach from USD 15787.19 million in 2025 to USD 36042.68 million by 2033, growing at a CAGR of 10.87% during the forecast period (2025–2033). The global Functional Safety market is witnessing swift transformation driven by new consumer...