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Industrial Safety Market Overview

The global industrial safety market is projected to reach $17.86 billion by 2030, at a CAGR of 11.1% from 2023 to 2030. The growth of this market is attributed to the need for reliable safety systems to ensure personnel and asset protection, stringent regulations for workplace safety, and the growth of the oil & gas sector driving the adoption of industrial safety systems. Furthermore, the increasing usage of industrial internet-of-Things is expected to offer potential growth opportunities.

Growing segment by industry include Click for more >>>

Thailand 2022 OSH Law

The recent revision to the 2022 Occupational Safety and Health (OSH) Law has alarmed many businesses as it significantly impacts numerous industries. This predominantly affects companies within the specified industries that are classified into three risk-based levels that employ more than 50 workers across one or multiple sites of operation. The recent revisions to the OSH Act also emphasize the need for companies to establish procedures and policies for ensuring operational security. Non-compliance with the law may result in substantial penalties.

Industrial Maintenance Market Overview

The global predictive maintenance market size was valued at US$ 4.1Bn. in 2021 and the total predictive maintenance revenue is expected to grow at 29.5% from 2022 to 2029, reaching nearly US$ 32.43 Bn.

Predictive maintenance market dynamics: The growing use of advanced technologies to gather important insights is a major driver of market growth. Continuous advancements in big data, M2M connectivity, and cloud technology have opened up new avenues for investigating data obtained from industrial assets. Sensors, cameras, and other smart devices create a massive quantity of data for IoT devices. Detailed analysis, big data and data visualization approaches allow companies to obtain fresh perspectives. Click for more >>>


Co-hosted by Technology Promotion Association (Thailand-Japan) and Thai Institute of Chemical Engineering and Applied Chemistry (TIChE), SISTAM 2023 – “Smart Industrial Safety & Technology for Advanced Maintenance” is scheduled to take place on 18-20 October 2023 at BITEC, Bangkok. The event will bring together showcase of the latest technology, innovation, product, solution and service dedicated to smart industrial safety and advanced maintenance. SISTAM 2023 will offer a fascinating networking opportunity for industrial professionals, manufacturers, technology and product suppliers, solution and service providers, academia and those with abiding interest. Industrial updates, technology presentation, best practices and many more will be covered at the concurrent conferences and seminars.

Message from Supporters

Safety’ and ‘Maintenance’ are the key to enhance capability of Thai process industries that will lead to sustainable development toward Industry 4.0. The Safety Engineers Association is very delighted and supportive to the idea of creating this SISTAM exhibition and conference that will be a great platform for industrial professionals, engineers and experts to gather and exchange knowledge, trend and insight for the same purpose of elevating our industry’s safety standard.

Dr. Witoon Simachokedee
President of Safety Engineers Association, Thailand Advisor to Minister of Industry, Thailand

Department of Industrial Work is pleased to support SISTAM 2023. We believe such an event dedicated to the enhancement of industrial safety and maintenance will be a great platform to create more safety awareness and importance to industrial process.

Khun Jullapong Thaveesri
Director-General, Department of Industrial Work

Safety has always been prior agenda for chemical and all process industries. The recent enforcement of the 2022 OSH Law reclassifying risk-based industries and putting in place penalties for non-compliance with the law stir more attention and enthusiasm from the Thai industrial operators. We believe SISTAM 2023 will create vibrant platform for such showcase and dialogues. As a co-host, we truly look forward to seeing our members, business partners as well as other industrial professionals there.

Khun Surachet Chalothorn
President of the Thai Institute of Chemical Industry and Applied Chemistry (TIChE)

Our mission is to promote the dissemination of practical knowledge and new technology to help Thai business enterprises become more advanced and viable. Safety and smart technology are key essence to the sustainable development of Thai industries and economy. Hence SISTAM 2023 is launched at the perfect time and TPA is honored to co-host this exciting event. We’ll invite our members and alliance to join the event and learn more at our TPA’s 50th Anniversary Stand.

Dr. Supoj Chinveeraphan
Executive Director and Director-General, Technology Promotion Association (Thailand-Japan)