HOME Top Market Reports Remote Monitoring and Control Market by Solutions (SCADA and Emergency Shutdown System), Field Instruments (Pressure Transmitter, Temperature Transmitter, Humidity Transmitter, Level Transmitter, Flowmeter), Industry and Region - Global Forecast to 2023

Remote Monitoring and Control Market by Solutions (SCADA and Emergency Shutdown System), Field Instruments (Pressure Transmitter, Temperature Transmitter, Humidity Transmitter, Level Transmitter, Flowmeter), Industry and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: July 2017
Report Code: SE 5418

 

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Remote monitoring and control system facilitates efficient monitoring and controlling of processes across industries such as power generation, oil & gas, chemicals, and water and wastewater. Field instruments are used to supervise process parameters such as pressure, temperature, level, flow rate, across different applications in process industries. There is a rising demand for optimum utilization of resources and achieving asset excellence in process industries. Remote monitoring and control market is expected to be valued at USD 27.11 Billion by 2023, at a CAGR of 4.47%.  The base year considered for the study is 2016 and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market on the basis of type, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the market. The report also gives a detailed overview of the value chain in the market and determine companies positioning through DIVE matrix analysis.

The research methodology used to estimate and forecast the remote monitoring and control market begins with capturing data on key vendor revenues through secondary research such as IEEE publication, industrial automation conferences and exhibitions, and leading players’ newsletters. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments that have been verified through the primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the below figure:

Remote Monitoring and Control Market

To know about the assumptions considered for the study, download the pdf brochure

The remote monitoring and control ecosystem comprises supplier of the components, system integrators, project consultant, and end users. The players involved in the remote monitoring and control market are Emerson Electric Co. (US), Honeywell International Inc.  (US), Schneider Electric SE (France), General Electric Co. (US), ABB Ltd. (Switzerland), Rockwell Automation, Inc. (US), Yokogawa Electric Corporation (Japan), Endress+Hauser AG (Switzerland), and Fuji Electric Co., Ltd.  (Japan).

Target Audience of the Report:

  • Supplier of pressure transmitter
  • Supplier of temperature transmitter
  • Supplier of level transmitter
  • Supplier of humidity transmitter
  • Supplier of flowmeter
  • SCADA solutions providers
  • Emergency shutdown system providers
  • Components manufacturers
  • Distributors and reseller
  • End-user industries such as oil & gas, power, chemicals, water, and pharmaceuticals, among others
  • Research organizations and consulting companies in field instrument and remote monitoring solutions
  • System integrators
  • Technology investors

This study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2 to 5 years for prioritizing efforts and investments.

Scope of the Report:

This research report categorizes the global market on the basis of type, industry, and geography.

Market, by Type:

  • Solutions
  • Field Instruments

Market, by Industry:

  • Oil & Gas
  • Metals & Mining
  • Chemicals
  • Pulp & Paper
  • Power
  • Food & Beverages
  • Water and Wastewater
  • Pharmaceuticals
  • Others

Market, by Geography:

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Geographic Scope
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Remote Monitoring and Control Market Opportunities, 2017–2023
    4.2 Remote Monitoring and Control for Solutions, By Type
    4.3 Remote Monitoring and Control for Solutions, By Industry
    4.4 Remote Monitoring and Control , By Type
    4.5 Remote Monitoring and Control Market, By Type and Region
    4.6 Remote Monitoring and Control , By Geography

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Demand for Industrial Automation and Optimum Utilization and Efficiency of Assets
                    5.2.1.2 Increased Demand for Industrial Mobility for Remotely Managing the Process Industry
           5.2.2 Restraints
                    5.2.2.1 Downfall in Petroleum Prices—A Bane for Global Process Industries
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for Field Instrument Integration With SCADA System
           5.2.4 Challenges
                    5.2.4.1 Cyber Security Risks for SCADA System Expected to Hamper the Growth of Market

6 Industry Trends (Page No. - 41)
    6.1 Introduction
    6.2 Value Chain Analysis

7 Market, By Type (Page No. - 43)
    7.1 Introduction
    7.2 Solutions
           7.2.1 Supervisory Control and Data Acquisition (SCADA)
                    7.2.1.1 Human–Machine Interface (HMI)
                    7.2.1.2 Remote Terminal Unit (RTU)
                    7.2.1.3 Programmable Logic Controller (PLC)
                    7.2.1.4 Communication System
                               7.2.1.4.1 Wired Communication System
                               7.2.1.4.2 Wireless Communication System
           7.2.2 Emergency Shutdown System
                    7.2.2.1 Pneumatic
                    7.2.2.2 Electrical/Hardwired
                    7.2.2.3 Fiber Optic
                    7.2.2.4 Radio Telemetry
    7.3 Field Instruments
           7.3.1 Pressure Transmitter
                    7.3.1.1 Absolute Pressure Transmitter
                    7.3.1.2 Gauge Pressure Transmitter
                    7.3.1.3 Differential Pressure Transmitter
                    7.3.1.4 Multivariable Pressure Transmitter
           7.3.2 Temperature Transmitter
                    7.3.2.1 Resistance Temperature Detector (RTD)
                    7.3.2.2 Thermocouple
                    7.3.2.3 Universal
                    7.3.2.4 Multichannel
           7.3.3 Humidity Transmitter
                    7.3.3.1 Capacitive
                    7.3.3.2 Resistive
                    7.3.3.3 Thermal Conductivity
           7.3.4 Level Transmitter
                    7.3.4.1 Capacitance
                    7.3.4.2 Ultrasonic
                    7.3.4.3 Radar
                    7.3.4.4 Displacer
                    7.3.4.5 Magnetostrictive
           7.3.5 Flowmeter
                    7.3.5.1 Magnetic Flowmeter
                    7.3.5.2 Coriolis
                    7.3.5.3 Ultrasonic
                    7.3.5.4 Vortex
                    7.3.5.5 Multiphase
                    7.3.5.6 Thermal
                    7.3.5.7 Variable Area
                    7.3.5.8 Differential Pressure
                    7.3.5.9 Turbine

8 Market, By Industry (Page No. - 64)
    8.1 Introduction
    8.2 Oil & Gas
    8.3 Power Generation
    8.4 Chemicals
    8.5 Water & Wastewater
    8.6 Pulp & Paper
    8.7 Metals & Mining
    8.8 Food & Beverages
    8.9 Others

9 Geographic Analysis (Page No. - 73)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Germany
           9.3.2 UK
           9.3.3 France
           9.3.4 Rest of Europe
    9.4 APAC
           9.4.1 China
           9.4.2 Japan
           9.4.3 India
           9.4.4 Rest of APAC
    9.5 Rest of the World (RoW)
           9.5.1 Introduction
           9.5.2 South America
           9.5.3 Middle East & Africa

10 Competitive Landscape (Page No. - 98)
     10.1 Overview
     10.2 Market Ranking Analysis: Remote Monitoring and Control 
     10.3 Market(Global) Competitive Leadership Mapping, 2017
             10.3.1 Visionary Leaders
             10.3.2 Dynamic Differentiators
             10.3.3 Innovators
             10.3.4 Emerging Companies
     10.4 Competitive Leadership Mapping
             10.4.1 Strength of Product Portfolio
             10.4.2 Business Strategy Excellence
Top 25 Companies Analyzed for This Study are - General Electric Co., Honeywell International Inc., Schneider Electric Se, Siemens Ag, Emerson Electric Co., ABB Ltd., Rockwell Automation, Inc., Yokogawa Electric Corporation, Endress + Hauser Ag, Fuji Electric Co., Ltd., Krohne Messtechnik GmbH, Azbil Corporation, Wika Alexander Wiegand Se & Co. Kg, Brooks Instruments, Danfoss, Dwyer Instruments, Inc., Omron Corporation, Vega Grieshaber Kg, Hitachi Ltd., Hima Paul Hildebrandt GmbH, Iconics Inc., Johnson Controls, Inc., Proserv Ingenious Simplicity, Sierra Instruments, Inc., Mitsubishi Electric Corp.
     10.5 Competitive Situations and Trends
             10.5.1 Product Launches
             10.5.2 Partnerships, Collaborations, Contracts, and Agreements

11 Company Profiles (Page No. - 109)
(Business Overview, Products Offered, Business Strategies, Recent Developments, MnM View, and Key Relationships)*
     11.1 Introduction
     11.2 Emerson Electric Co.
     11.3 ABB Ltd.
     11.4 Siemens AG
     11.5 Honeywell International Inc.
     11.6 Schneider Electric Se
     11.7 Endress+Hauser AG
     11.8 General Electric Co.
     11.9 Rockwell Automation Inc.
     11.10 Yokogawa Electric Corporation
     11.11 Fuji Electric Co., Ltd.
     11.12 Key Innovators
             11.12.1 Krohne Messtechnik GmbH
             11.12.2 Dwyer Instruments, Inc.

*Details on Business Overview, Products Offered, Business Strategies, Recent Developments, MnM View, and Key Relationships Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 148)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (66 Tables)

Table 1 Remote Monitoring and Control System Market, By Type, 2014–2023 (USD Million)
Table 2 Market for Solutions, By Type, 2014–2023 (USD Million)
Table 3 Remote Monitoring and Control System Market for Field Instruments, By Type, 2014–2023 (USD Million)
Table 4 Remote Monitoring and Control System Market for Pressure Transmitter, By Type, 2014–2023 (USD Million)
Table 5 Remote Monitoring and Control System Market for Temperature Transmitter, By Type, 2014–2023 (USD Million)
Table 6 Remote Monitoring and Control System Market for Humidity Transmitter, By Sensing Technology, 2014–2023 (USD Million)
Table 7 Remote Monitoring and Control System Market for Level Transmitter, By Type, 2014–2023 (USD Million)
Table 8 Remote Monitoring and Control System Market for Flowmeter, By Type, 2014–2023 (USD Million)
Table 9 Remote Monitoring and Control Market for SCADA, By Industry, 2014–2023 (USD Million)
Table 10 Remote Monitoring and Control for Emergency Shutdown System, By Industry, 2014–2023 (USD Million)
Table 11 Remote Monitoring and Control for Field Instruments, By Industry, 2014–2023 (USD Million)
Table 12 Remote Monitoring and Control for Pressure Transmitter, By Industry, 2014–2023 (USD Million)
Table 13 Remote Monitoring and Control for Temperature Transmitter, By Industry, 2014–2023 (USD Million)
Table 14 Remote Monitoring and Control for Humidity Transmitter, By Industry, 2014–2023 (USD Million)
Table 15 Remote Monitoring and Control for Level Transmitter, By Industry, 2014–2023 (USD Million)
Table 16 Remote Monitoring and Control for Flowmeter, By Industry, 2014–2023 (USD Million)
Table 17 Remote Monitoring and Control Market, By Region, 2014–2023 (USD Million)
Table 18 Remote Monitoring and Control for Solutions, By Region, 2014–2023 (USD Million)
Table 19 Remote Monitoring and Control for SCADA, By Region, 2014–2023 (USD Million)
Table 20 Remote Monitoring and Control for Emergency Shutdown System, By Region, 2014–2023 (USD Million)
Table 21 Remote Monitoring and Control for Field Instruments, By Region, 2014–2023 (USD Million)
Table 22 Remote Monitoring and Control for Pressure Transmitter, By Region, 2014–2023 (USD Million)
Table 23 Remote Monitoring and Control for Temperature Transmitter, By Region, 2014–2023 (USD Million)
Table 24 Remote Monitoring and Control for Humidity Transmitter, By Region, 2014–2023 (USD Million)
Table 25 Remote Monitoring and Control for Level Transmitter, By Region, 2014–2023 (USD Million)
Table 26 Remote Monitoring and Control for Flowmeter, By Region, 2014–2023 (USD Million)
Table 27 Remote Monitoring and Control in North America, By Country, 2014–2023 (USD Million)
Table 28 Remote Monitoring and Control for Solutions in North America, By Country, 2014–2023 (USD Million)
Table 29 SCADA Market in North America, By Country, 2014–2023 (USD Million)
Table 30 Emergency Shutdown System Market in North America, By Country, 2014–2023 (USD Million)
Table 31 Remote Monitoring and Control Market for Field Instruments in North America, By Country, 2014–2023 (USD Million)
Table 32 Pressure Transmitter Market in North America, By Country, 2014–2023 (USD Million)
Table 33 Temperature Transmitter Market in North America, By Country, 2014–2023 (USD Million)
Table 34 Humidity Transmitter Market in North America, By Country, 2014–2023 (USD Million)
Table 35 Level Transmitter Market in North America, By Country, 2014–2023 (USD Million)
Table 36 Flowmeter Market in North America, By Country, 2014–2023 (USD Million)
Table 37 Remote Monitoring and Control Market in Europe, By Country, 2014–2023 (USD Million)
Table 38 Remote Monitoring and Control for Solutions in Europe, By Country, 2014–2023 (USD Million)
Table 39 SCADA Market in Europe, By Country, 2014–2023 (USD Million)
Table 40 Emergency Shutdown System Market in Europe, By Country, 2014–2023 (USD Million)
Table 41 Remote Monitoring and Control for Field Instruments in Europe, By Country, 2014–2023 (USD Million)
Table 42 Pressure Transmitter Market in Europe, By Country, 2014–2023 (USD Million)
Table 43 Temperature Transmitter Market in Europe, By Country, 2014–2023 (USD Million)
Table 44 Humidity Transmitter Market in Europe, By Country, 2014-2023 (USD Million)
Table 45 Level Transmitter Market in Europe, By Country, 2014–2023 (USD Million)
Table 46 Flowmeter Market in Europe, By Country, 2014–2023 (USD Million)
Table 47 Remote Monitoring and Control Market in APAC, By Country, 2014–2023 (USD Million)
Table 48 Remote Monitoring and Control for Solutions in APAC, By Country, 2014–2023 (USD Million)
Table 49 SCADA Market in APAC, By Country, 2014–2023 (USD Million)
Table 50 Emergency Shutdown System Market in APAC, By Country, 2014–2023 (USD Million)
Table 51 Remote Monitoring and Control for Field Instruments in APAC, By Country, 2014–2023 (USD Million)
Table 52 Pressure Transmitter Market in APAC, By Country, 2014–2023 (USD Million)
Table 53 Temperature Transmitter Market in APAC, By Country, 2014–2023 (USD Million)
Table 54 Humidity Transmitter Market in APAC, By Country, 2014–2023 (USD Million)
Table 55 Level Transmitter Market in APAC, By Country, 2014–2023 (USD Million)
Table 56 Flowmeter Market in APAC, By Country, 2014–2023 (USD Million)
Table 57 Remote Monitoring and Control Market in RoW, By Region, 2014–2023 (USD Million)
Table 58 Remote Monitoring and Control for Solutions in RoW, By Region, 2014–2023 (USD Million)
Table 59 SCADA Market in RoW, By Region, 2014–2023 (USD Million)
Table 60 Emergency Shutdown System Market in RoW, By Country, 2014–2023 (USD Million)
Table 61 Remote Monitoring and Control for Field Instruments in RoW, By Region, 2014–2023 (USD Million)
Table 62 Market Rank Analysis: Remote Monitoring and Control Market, 2016
Table 63 Product Launches, 2015–2017
Table 64 Partnerships, Collaborations, Contracts and Agreements, 2015–2017
Table 65 Acquisitions, 2015–2017
Table 66 Expansions, 2015–2017


List of Figures (45 Figures)

Figure 1 Markets Covered
Figure 2 Remote Monitoring and Control Market: Research Design
Figure 3 Bottom-Up Approach to Arrive at the Market Size
Figure 4 Top-Down Approach to Arrive at the Market Size
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Remote Monitoring and Control Segmentation
Figure 8 Solutions are Expected to Fuel the Growth of Remote Monitoring and Control During the Forecast Period
Figure 9 Chemicals Industry Expected to Dominate Field Instruments in Market
Figure 10 North America Held the Largest Share of the Market in 2016
Figure 11 Attractive Growth Opportunities in Remote Monitoring and Control During the Forecast Period
Figure 12 Emergency Shutdown System Expected to Grow at A Higher CAGR Between 2017 and 2023
Figure 13 Power Industry Expected to Hold More Than One-Third Share of Market in 2017
Figure 14 Remote Monitoring and Control for Field Instruments Expected to Hold the Highest CAGR in 2017
Figure 15 Global Market for Remote Monitoring and Control in North America Expected to Dominate in 2017
Figure 16 US Expected to Lead the Remote Monitoring and Control Market in 2017
Figure 17 Increasing Demand for Industrial Automation Driving the Remote Monitoring and Control
Figure 18 Value Chain Analysis: Remote Monitoring and Control Market
Figure 19 Remote Monitoring and Control System Market, By Type
Figure 20 SCADA Components
Figure 21 Programmable Logic Controller Components
Figure 22 Control Methods in Emergency Shutdown System
Figure 23 Field Instruments
Figure 24 Pressure Transmitter Types
Figure 25 Temperature Transmitters Types
Figure 26 Humidity Transmitters Types
Figure 27 Level Transmitters Types
Figure 28 Flowmeter Types
Figure 29 Remote Monitoring and Control Market, By Industry
Figure 30 Remote Monitoring and Control Market, Geographic Analysis
Figure 31 North America: Remote Monitoring and Control Snapshot
Figure 32 APAC: Remote Monitoring and Control Market Snapshot
Figure 33 Market Evolution Framework: Product Launches has Been the Key Strategy Between 2015 and 2017
Figure 34 Companies Adopted Product Launches as the Key Growth Strategy Between 2015 and 2017
Figure 35 Battle for Market Share: New Product Launches Was the Key Strategy Between 2015 and 2017
Figure 36 Emerson Electric Co.: Company Snapshot
Figure 37 ABB Ltd.: Company Snapshot
Figure 38 Siemens AG: Company Snapshot
Figure 39 Honeywell International Inc.: Company Snapshot
Figure 40 Schneider Electric Se: Company Snapshot
Figure 41 Endress+Hauser AG: Company Snapshot
Figure 42 General Electric Co.: Company Snapshot
Figure 43 Rockwell Automation Inc.: Company Snapshot
Figure 44 Yokogawa Electric Corporation.: Company Snapshot
Figure 45 Fuji Electric Co., Ltd.: Company Snapshot

The remote monitoring and control market is expected to reach USD 27.11 Billion by 2023, at a CAGR of 4.47% between 2017 and 2023. The growth of this market is propelled by various factors such as increasing demand for industrial automation, asset excellence, and requirement for industrial mobility in the process industry.

Remote monitoring and control solutions such as SCADA and emergency shutdown system are expected to grow at the highest CAGR during the forecast period. Industrial automation and process control are growing rapidly with the integration of SCADA with field instruments and mobility solutions such as smartphones, tablets, and other solutions leading to the growth of the said market. Industries such as oil & gas, chemicals, and power are the key users of SCADA and emergency shutdown system.

The water and wastewater industry is expected to grow at the highest CAGR during the forecast period. SCADA systems are used in a water treatment plant as well as a wastewater treatment plant for continuously monitoring and regulating the water flow, reservoir levels, and pipe pressure, among others. SCADA controls the automatic operations such as the pressure of the system, water tank levels, the temperature of the plant, chemical treatment, filtration, sedimentation, and other parameters. Field instruments such as a level transmitter and pressure transmitter are also used in the water and wastewater industry to monitor crucial parameters such as level and pressure, respectively.

The market in APAC is expected to grow at the highest CAGR between 2017 and 2023. Power, chemicals, water and wastewater industries are expected to drive the growth of the remote monitoring and control market in APAC. Investment in wastewater management and growing primary energy consumption are some factors that would fuel the growth for remote control and monitoring market in APAC. China and India are the frontrunners to lead the growth of this market in APAC

Remote Monitoring and Control Market

One of the key restraining factors for the remote monitoring and control market is the downfall in petroleum prices. This is adversely impacting bottom lines of major players involved across the value chain of the oil & gas industry. Thus, this would halt the further investment in oil & gas activities, which would also affect the market globally.

The key market players in remote monitoring and control market such as Emerson Electric Co. (US) and ABB Ltd. (Switzerland) are focusing on strategies such as product launches, partnerships, and collaborations to strengthen their product offerings and expand their business. Emerson acquisitions of the US-based companies IntelliSAW Inc. and Spectrex, Inc. in 2015 further reflect its inclination toward extending the product line of its Rosemount brand, which is famous for superior quality measurement and robust technologies. Emerson has been relying on organic as well as inorganic growth strategies by product launches and acquisitions and partnerships. Other significant players are Honeywell International Inc. (US), Siemens AG (Germany), and Schneider Electric SE (France), among others

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