- In June 2023, TÜV SÜD Schweiz AG acquired the process safety laboratory of Lonza Ltd. at its Visp site in Switzerland, significantly enhancing its market position. This strategic move expanded the company’s testing capabilities, enabling it to provide more comprehensive process safety support to clients in Visp and across the Canton of Valais. The acquisition also reinforces TÜV SÜD Schweiz AG’s footprint in the Swiss market, strengthening its competitive edge and service delivery in a key regional hub for industrial safety
- In March 2021, Bureau Veritas and NEXANS formed a management partnership for Wind Project Management, strengthening Bureau Veritas' risk management in maritime sectors, thus enhancing its offerings and fostering growth in the process safety services market through mitigated risks and best practices promotion
- In October 2020, ABB's launch of ABB Ability SafetyInsight digitally revolutionized process safety lifecycle management, empowering energy and process sector operators. This innovation enhances ABB's market position, driving growth in process safety services by providing comprehensive digital solutions for safety management throughout the lifecycle
- In June 2020, Siemens' launch of new flat-panel monitors and panel PCs featuring advanced industrial standard displays and touch operation capabilities enriched its product portfolio for the industrial displays market. This expansion contributes to market growth by offering cutting-edge solutions catering to diverse industrial needs
- In April 2020, DEKRA's recognition by Omni Air to evaluate and certify Cellular Vehicle-to-Everything (C-V2X) technology positions DEKRA as a pioneering laboratory, fostering market growth. Equipped with state-of-the-art facilities and infrastructure, DEKRA's services contribute to the advancement and adoption of C-V2X technology, driving growth in process safety services
