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Functional safety market to reach $8.9bn by 2030

According to the recent study published by P&S Intelligence, the functional safety market accounted for $4,839.2 million revenue in 2021, which is set to reach $8,990.6 million by 2030, growing at a 7.1% CAGR between 2021 and 2030. The report categorises the functional safety concept is applicable to a variety of businesses where modern technology […]