Report Information More information from: https://www.marketresearchfuture.com/reports/3882
Global Remote Monitoring and Control Market Research ReportForecast 2023 Report / Search Code: MRFR/SEM/2595-HCRR
Price
Description:
1-user PDF : $ 4450.0
Publish Date: July, 2017
Enterprise PDF : $ 6250.0
Global Remote Monitoring and Control Market, By Component (Solution, Instruments), By End-users (Mining & Metals, Chemical, Oil & Gas) - Forecast 2023 Market Synopsis of Global Remote Monitoring and Control Market: Market Scenario:
Remote Monitoring can be explained as a type of specification that facilitates the observation of network operational activities through various remote devices known as monitors or probes. Also, remote monitoring assists network administrators to work efficiently with network infrastructure control and management. Monitoring and control can be explained as control of any system or network through automated procedures and which is generally controlled with a unit. The factors contributing to the growth of the remote monitoring and control market are the growing demand for industrial automation, asset excellence, and the rising demand industrial mobility in the process industry. Also, initially remote monitoring and control market was developed to address various issues such as issues related to remote site and local area network. The system specifies a group of functions and statistics. However, factor which is hindering the growth of the market is the downfall in raw material prices. Easy availability of alternatives also acts a barrier in the growth of the remote monitoring and control market. The market is expected to grow over the forecast period. Geographically, North-America accounted for the largest market share in the global remote monitoring control market, whereas Asia-Pacific is expected to grow at a fast pace over the forecast period, 2017-2023.
Global Remote Monitoring and Control Market
The global remote monitoring and control market is expected to reach approximately USD 23 billion by the end of 2023 with 5% CAGR during forecast period 2017-2023.
Study Objectives of Remote Monitoring and Control Market: To provide detailed analysis of the market structure along with forecast of the various segments and subsegments of the global remote monitoring and control market. To provide insights about factors affecting the market growth. To analyze the global remote monitoring and control market based porter’s five force analysis etc. To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW). To provide country level analysis of the market with respect to the current market size and future prospective. To provide country level analysis of the market for segment by component, endusers and region. To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global remote monitoring and control market.
Key Players
The key players in the global remote monitoring and control market include- Honeywell International Inc. (US), Emerson Electric Co. (US), Rockwell Automation, Inc. (US), Schneider Electric SE (France), ABB Ltd. (Switzerland), Yokogawa Electric Corporation (Japan), General Electric Co. (US), Fuji Electric Co., Ltd. (Japan) and Endress+Hauser AG (Switzerland) among others.
Segments
For the purpose of this study, Market Research Future has segmented the market of remote monitoring and control into component end-users and region.
Component Solutions Instruments
End-users Chemicals Oil & Gas Metals Mining Power Food & Beverages Water and Wastewater Pharmaceuticals Others
Region
North-America Europe Asia-Pacific RoW
Regional Analysis
Regionally, North-America accounted for the largest market share majorly due to presence of large numbers of enterprises, increasing adoption of remote monitoring and control by the pharmaceuticals industry and increasing automation. However, Asia-PaciďŹ c region is expected to boost the growth of the remote monitoring and control market majorly due to rising demand for utilization of resources and to achieve excellence in various industries.
Intended Audience
Manufacturers Distributors Research firms Consultancy firms Software Developers Vendors Semiconductor Manufacturers End-user sectors Technology Investors
Contents:
TOC on Request
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