Growth of Emergency Shutdown System Market Fueled by the Rising Demand from the Oil & Gas Sector

Emergency shutdown (ESD) systems are designed for the purpose of minimizing the consequences of emergency situations, especially in the oil & gas sector where safety is the major concern. Lack of proper safety measures may lead to production loss and hazards such as outbreak of fire, explosions, leakages in oil and gas. Due to these advantages, the demand for ESD systems has increased over the...