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“Market for programmable safety system to grow at fastest CAGR from 2022 to 2027”

Programmable safety systems are highly reliable logic solvers, which provide both failsafe and fault-tolerant operations. The market for programmable safety systems is anticipated to grow at a fast rate in the coming years as manufacturers are replacing the existing systems to comply with strict industrial safety regulatory standards.

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Programmable safety systems are an integral part of safety instrumented systems. These systems must be designed or selected in accordance with the IEC 61508 standard and are required to achieve the SIL 3 and SIL 4 performance.