Frequently Asked Questions
The market is segmented based on The 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.
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The Global Functional Safety Market size was valued at USD 43.86 USD Billion in 2023.
The Global Functional Safety Market is projected to grow at a CAGR of 6.87% during the forecast period of 2024 to 2031.
The major players operating in the market include Renesas Electronics Corporation, MANGAN SOFTWARE SOLUTIONS, Intel Corporation, Johnson Controls, and many more,.
