HOME Research Insight Emerson Electric Co. (US) and ABB Ltd. (Switzerland) are the Major Players in the Remote Monitoring and Control Market



Emerson Electric Co. (US) and ABB Ltd. (Switzerland) are the Major Players in the Remote Monitoring and Control Market


Remote monitoring and control system helps to record, direct, and automate industrial processes, thereby improving the reliability and efficiency of the process. Remote monitoring and control system finds extensive applications in industries such as oil & gas, chemicals, power, water and wastewater, and pulp & paper with operations distributed geographically. This aids to automate, control, and monitor various parameters over remote distributed sites using field instruments integrated with the SCADA system along with emergency shutdown system. Companies offering remote monitoring and control solutions have adopted strategies of product launches to compete with other companies in the market. Moreover, there are some crucial acquisitions and partnerships among companies in the remote monitoring and control market.

Emerson Electric Co. (US) is one of the major players in the remote monitoring and control market. The company manufactures and develops process control systems, valves, and analytical instruments. The company offers a wide range of field instruments such as pressure transmitters, temperature transmitters, level transmitters, and flowmeters. Robust technological and engineering capabilities of the company provide a competitive advantage to the company in the remote monitoring and control market. Emerson provides different software applications such as SCADA servers and distributed RTU networks, which are used in different networks and parts of SCADA systems. The company is nurturing its growth through investing in R&D activities for developing new and innovative products in filed instruments. Emerson had expanded its business in SCADA software applications with the introduction of the OpenEnterprise v3.2 SCADA system in October 2015.

ABB Ltd. (Switzerland) is a multinational corporation that offers solutions in control system, software, industry specific power and automation solutions such as field instruments that include pressure transmitters, level transmitters, flowmeters, and temperature transmitters in remote monitoring and control market. ABB join forces with IBM to leverage the IIoT capabilities. ABB’s digital offering and IBM Watson would unearth value for their customers across different industries. ABB signed a contract and expanded its business. ABB opened an automation and power service office in Louisiana in April 2015, which will increase the service and support to field instruments and analytical products. Other companies such as Siemens AG (Germany), Honeywell International Inc. (US), and Schneider Electric SE (France) are offering remote monitoring and control solutions.

Related 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

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