1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 33
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 STUDY SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 REMOTE MONITORING AND CONTROL MARKET SEGMENTATION 34
1.3.2 REGIONAL SCOPE 35
1.3.3 YEARS CONSIDERED 35
1.4 CURRENCY CONSIDERED 36
1.5 STAKEHOLDERS 36
1.6 SUMMARY OF CHANGES 36
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 2 REMOTE MONITORING AND CONTROL MARKET: RESEARCH DESIGN 38
2.1.1 PRIMARY AND SECONDARY DATA 40
2.1.2 SECONDARY DATA 41
2.1.2.1 Major secondary sources 41
2.1.2.2 Key data from secondary sources 41
2.1.3 PRIMARY DATA 41
2.1.3.1 Primary interviews with experts 42
2.1.3.2 Key data from primary sources 42
2.1.3.3 Key industry insights 43
2.1.3.4 Breakdown of primaries 43
2.2 MARKET SIZE ESTIMATION 44
2.2.1 BOTTOM-UP APPROACH 44
2.2.1.1 Approach to capture market share by bottom-up analysis
(demand side) 44
FIGURE 3 BOTTOM-UP APPROACH TO ARRIVE AT MARKET SIZE 45
2.2.2 TOP-DOWN APPROACH 45
2.2.2.1 Approach to capture market share by top-down analysis (supply side) 45
FIGURE 4 TOP-DOWN APPROACH TO ARRIVE AT MARKET SIZE 46
FIGURE 5 MARKET SIZE ESTIMATION THROUGH SUPPLY-SIDE ANALYSIS 46
2.3 DATA TRIANGULATION 47
FIGURE 6 DATA TRIANGULATION 47
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 48
2.4.1 RESEARCH ASSUMPTIONS 48
FIGURE 7 ASSUMPTIONS OF RESEARCH STUDY 48
2.4.2 LIMITATIONS 48
2.5 RISK ASSESSMENT 48
3 EXECUTIVE SUMMARY 49
FIGURE 8 REMOTE MONITORING AND CONTROL MARKET, 2018–2027 (USD BILLION) 49
FIGURE 9 FIELD INSTRUMENTS CAPTURED LARGER SHARE OF REMOTE MONITORING AND CONTROL MARKET IN 2021 50
FIGURE 10 OIL & GAS INDUSTRY DOMINATED MARKET IN 2021 50
FIGURE 11 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN REMOTE MONITORING AND CONTROL MARKET DURING 2022−2027 51
4 PREMIUM INSIGHTS 52
4.1 ASIA PACIFIC TO PROVIDE LUCRATIVE OPPORTUNITIES FOR REMOTE MONITORING AND CONTROL MARKET PLAYERS IN COMING YEARS 52
FIGURE 12 ATTRACTIVE GROWTH OPPORTUNITIES IN REMOTE MONITORING AND CONTROL MARKET 52
4.2 REMOTE MONITORING AND CONTROL MARKET, BY SOLUTION 52
FIGURE 13 SCADA TO CONTRIBUTE LARGER SHARE OF REMOTE MONITORING AND CONTROL MARKET DURING 2022−2027 52
4.3 REMOTE MONITORING AND CONTROL MARKET, BY FIELD INSTRUMENT TYPE 53
FIGURE 14 LEVEL TRANSMITTERS HELD LARGEST SHARE OF REMOTE MONITORING AND CONTROL MARKET IN 2021 53
4.4 REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY 53
FIGURE 15 OIL & GAS INDUSTRY TO CONTINUE TO DOMINATE MARKET DURING FORECAST PERIOD 53
4.5 REMOTE MONITORING AND CONTROL MARKET, BY REGION 54
FIGURE 16 INDIA TO EXHIBIT HIGHEST CAGR IN REMOTE MONITORING AND CONTROL MARKET DURING 2022–2027 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 MARKET DYNAMICS 55
FIGURE 17 GLOBAL REMOTE MONITORING AND CONTROL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 55
5.2.1 DRIVERS 56
5.2.1.1 Surging adoption of Industry 4.0 across process and manufacturing industries 56
5.2.1.2 Rising demand for mobility solutions for remote handling of industrial or business processes 56
5.2.1.3 Progressive deployment of AI and IoT across manufacturing industries 57
FIGURE 18 IMPACT ANALYSIS OF DRIVERS 57
5.2.2 RESTRAINTS 58
5.2.2.1 Fluctuation in oil prices 58
5.2.2.2 High costs associated with installation and maintenance of SCADA systems 58
FIGURE 19 IMPACT ANALYSIS OF RESTRAINTS 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Industrial requirement to integrate field instruments
with SCADA systems 59
5.2.3.2 Growing trend of augmented reality (AR) 59
FIGURE 20 IMPACT ANALYSIS OF OPPORTUNITIES 60
5.2.4 CHALLENGES 60
5.2.4.1 Vulnerability of SCADA systems to cyberattacks 60
5.2.4.2 Increasing complexity of safety applications 60
FIGURE 21 IMPACT ANALYSIS OF CHALLENGES 61
5.3 VALUE CHAIN ANALYSIS 61
FIGURE 22 VALUE CHAIN ANALYSIS OF SCADA SYSTEMS 61
5.4 ECOSYSTEM ANALYSIS 62
FIGURE 23 GLOBAL REMOTE MONITORING AND CONTROL MARKET: ECOSYSTEM 62
TABLE 1 COMPANIES AND ROLES IN ECOSYSTEM OF REMOTE MONITORING AND CONTROL SYSTEMS 63
5.5 PRICING ANALYSIS 64
5.5.1 ASP ANALYSIS OF PLC OFFERED BY KEY PLAYERS 64
FIGURE 24 ASP OF PLC BASED ON NUMBER OF INPUTS 64
TABLE 2 AVERAGE SELLING PRICE OF PLC OFFERED BY KEY PLAYERS BASED ON INPUT PORTS (USD) 64
5.5.2 ASP TREND 65
TABLE 3 PRICING ANALYSIS OF SCADA SYSTEMS 65
TABLE 4 PRICING ANALYSIS OF REMOTE TERMINAL UNIT 65
TABLE 5 PRICING ANALYSIS OF PROGRAMMABLE LOGIC CONTROLLER 66
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 66
FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 66
5.7 TECHNOLOGY ANALYSIS 67
5.7.1 INTERNET OF THINGS (IOT) 67
5.7.2 CLOUD COMPUTING 67
5.7.3 ARTIFICIAL INTELLIGENCE 67
5.8 PORTER’S FIVE FORCES ANALYSIS 68
TABLE 6 REMOTE MONITORING AND CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS 68
5.8.1 BARGAINING POWER OF SUPPLIERS 69
5.8.2 BARGAINING POWER OF BUYERS 69
5.8.3 THREAT OF SUBSTITUTES 69
5.8.4 THREAT OF NEW ENTRANTS 69
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 70
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 70
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 70
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES 70
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%) 70
FIGURE 27 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 71
TABLE 8 KEY BUYING CRITERIA OF TOP THREE INDUSTRIES 71
5.10 CASE STUDY ANALYSIS 72
TABLE 9 BARCELONA IMPLEMENTS CUSTOMIZED SCADA PLATFORM TO ENHANCE RESOURCE MANAGEMENT 72
TABLE 10 ARB MIDSTREAM DEPLOYS SCADA SYSTEM FOR ITS OIL PIPELINE 72
TABLE 11 ABB INSTALLS NEW SCADA SYSTEM TO SUPERVISE SOLAR PLANT 72
TABLE 12 EMERSON ELECTRIC OFFERS SCADA SYSTEMS TO MONITOR AND CONTROL SHOPPING MALLS AND HYPERMARKETS 73
TABLE 13 ROSEMOUNT TEMPERATURE TRANSMITTER WITH X-WELL TECHNOLOGY HAS BEEN ADOPTED TO PROVIDE REAL-TIME DATA 73
TABLE 14 SCADA ABB PROVIDES ELECTROMAGNETIC FLOWMETERS TO ROCKY MOUNTAIN INSTITUTE 74
5.11 TRADE ANALYSIS 74
5.11.1 EXPORT SCENARIO 75
FIGURE 28 EXPORTS, BY KEY COUNTRY, 2017−2021 (USD MILLION) 75
5.11.2 IMPORT SCENARIO 75
FIGURE 29 IMPORTS, BY KEY COUNTRY, 2017−2021 (USD MILLION) 75
5.12 PATENT ANALYSIS 76
FIGURE 30 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 76
TABLE 15 TOP 20 PATENT OWNERS (US) IN LAST 10 YEARS 76
FIGURE 31 NUMBER OF PATENTS GRANTED ANNUALLY IN LAST 10 YEARS 77
TABLE 16 LIST OF PATENTS IN REMOTE MONITORING AND CONTROL MARKET, 2020–2022 77
5.13 KEY CONFERENCES AND EVENTS, 2022–2024 79
TABLE 17 REMOTE MONITORING AND CONTROL MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 79
5.14 REGULATORY LANDSCAPE 81
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 18 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 19 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 20 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 21 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
5.14.2 MAJOR STANDARDS RELATED TO MARKET 83
6 PROCESSES IN REMOTE MONITORING 84
6.1 INTRODUCTION 84
FIGURE 32 KEY PROCESSES IN REMOTE MONITORING 84
6.2 MONITORING 85
6.3 CONTROL 86
7 REMOTE MONITORING AND CONTROL MARKET, BY TYPE 87
7.1 INTRODUCTION 88
FIGURE 33 REMOTE MONITORING AND CONTROL MARKET, BY TYPE 88
FIGURE 34 SOLUTIONS SEGMENT TO EXHIBIT HIGHER CAGR IN MARKET DURING 2022−2027 88
TABLE 22 REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 89
TABLE 23 REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 89
7.2 SOLUTIONS 90
TABLE 24 SOLUTIONS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 90
TABLE 25 SOLUTIONS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 90
TABLE 26 SOLUTIONS: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 90
TABLE 27 SOLUTIONS: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 91
TABLE 28 SOLUTIONS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 91
TABLE 29 SOLUTIONS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 91
7.2.1 SCADA 92
7.2.1.1 Ongoing advancements in manufacturing industries and subsequent need for efficient plant monitoring 92
FIGURE 35 KEY COMPONENTS OF SCADA SYSTEM 92
TABLE 30 SCADA: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 94
TABLE 31 SCADA: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 95
TABLE 32 SCADA: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 95
TABLE 33 SCADA: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 95
7.2.2 VIBRATION MONITORING 96
7.2.2.1 Vibration monitoring systems deliver real-time machinery health information to plant operators 96
TABLE 34 VIBRATION MONITORING: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 97
TABLE 35 VIBRATION MONITORING: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 97
TABLE 36 VIBRATION MONITORING: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 98
TABLE 37 VIBRATION MONITORING: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 98
7.3 FIELD INSTRUMENTS 98
FIGURE 36 INTELLIGENT FLOW METERS TO REGISTER HIGHEST CAGR IN MARKET DURING FORECAST PERIOD 99
TABLE 38 FIELD INSTRUMENTS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 99
TABLE 39 FIELD INSTRUMENTS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 99
TABLE 40 FIELD INSTRUMENTS: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 100
TABLE 41 FIELD INSTRUMENTS: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 100
TABLE 42 FIELD INSTRUMENTS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 100
TABLE 43 FIELD INSTRUMENTS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 101
7.3.1 LEVEL TRANSMITTERS 101
7.3.1.1 Growing adoption in oil & gas and chemical industries to foster market growth 101
7.3.2 PRESSURE TRANSMITTERS 102
7.3.2.1 Rising use of pressure transmitters in commercial and industrial applications to support market growth 102
7.3.3 TEMPERATURE TRANSMITTERS 103
7.3.3.1 Increasing adoption of temperature transmitters across several industries to fuel market growth 103
FIGURE 37 TYPES OF TEMPERATURE TRANSMITTERS 104
7.3.4 HUMIDITY TRANSMITTERS 105
7.3.4.1 Surging adoption of humidity transmitters in HVAC system applications to accelerate market growth 105
FIGURE 38 TYPES OF HUMIDITY TRANSMITTERS 105
7.3.5 INTELLIGENT FLOW METERS 106
7.3.5.1 Increasing adoption of intelligent flow meters due to their additional diagnostic capabilities and feedback control to drive market 106
7.3.6 VIBRATION-LEVEL SWITCHES 108
7.3.6.1 Growing use of vibration-level switches as overfill protection devices to boost market growth 108
8 REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY 110
8.1 INTRODUCTION 111
FIGURE 39 REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY 111
FIGURE 40 OIL & GAS INDUSTRY CONTRIBUTED LARGEST SHARE OF MARKET IN 2022 111
TABLE 44 REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 112
TABLE 45 REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 112
8.2 OIL & GAS 113
8.2.1 REQUIREMENT TO MONITOR AND REGULATE COMPLEX OPERATIONS IN OIL & GAS PLANTS TO DRIVE MARKET 113
TABLE 46 OIL & GAS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 113
TABLE 47 OIL & GAS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 114
TABLE 48 OIL & GAS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 114
TABLE 49 OIL & GAS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 114
8.3 CHEMICAL 115
8.3.1 USE OF VIBRATION MONITORING TO MONITOR CHEMICAL PROCESSES ON REAL-TIME BASIS TO BOOST MARKET GROWTH 115
FIGURE 41 NORTH AMERICA TO LEAD MARKET FOR CHEMICAL INDUSTRY DURING FORECAST PERIOD 115
TABLE 50 CHEMICAL: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 116
TABLE 51 CHEMICAL: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 116
TABLE 52 CHEMICAL: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 116
TABLE 53 CHEMICAL: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 116
8.4 WATER AND WASTEWATER TREATMENT 117
8.4.1 PIVOTAL ROLE OF SCADA SYSTEMS IN WATER AND WASTEWATER TREATMENT PLANTS TO SUPPORT MARKET GROWTH 117
TABLE 54 WATER AND WASTEWATER TREATMENT: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 117
TABLE 55 WATER AND WASTEWATER TREATMENT: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 118
TABLE 56 WATER AND WASTEWATER TREATMENT: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 118
TABLE 57 WATER AND WASTEWATER TREATMENT: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 118
8.5 METALS & MINING 119
8.5.1 SUBSTANTIAL DEMAND FOR REMOTE DIAGNOSTICS IN MINING PLANTS TO ENHANCE MARKET GROWTH 119
TABLE 58 METALS & MINING: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 119
TABLE 59 METALS & MINING: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 120
TABLE 60 METALS & MINING: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 120
TABLE 61 METALS & MINING: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 120
8.6 FOOD & BEVERAGE 121
8.6.1 NECESSITY TO ADHERE TO FOOD SAFETY, QUALITY, AND CLEANLINESS STANDARDS TO BOOST MARKET GROWTH 121
TABLE 62 FOOD & BEVERAGE: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 121
TABLE 63 FOOD & BEVERAGE: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 122
TABLE 64 FOOD & BEVERAGE: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 122
TABLE 65 FOOD & BEVERAGE: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 122
8.7 POWER 123
8.7.1 SIGNIFICANT ADOPTION IN POWER INDUSTRY OF ASIA PACIFIC TO DRIVE MARKET 123
FIGURE 42 SOLUTIONS SEGMENT TO CONTRIBUTE TO LARGER MARKET SHARE FOR POWER INDUSTRY IN 2022 123
TABLE 66 POWER: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 124
TABLE 67 POWER: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 124
TABLE 68 POWER: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 124
TABLE 69 POWER: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 124
8.8 AUTOMOTIVE 125
8.8.1 ADOPTION OF SCADA SYSTEMS FOR EFFECTIVE QUALITY MANAGEMENT TO ACCELERATE MARKET GROWTH 125
TABLE 70 AUTOMOTIVE: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 125
TABLE 71 AUTOMOTIVE: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 126
TABLE 72 AUTOMOTIVE: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 126
TABLE 73 AUTOMOTIVE: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 126
8.9 PHARMACEUTICAL 127
8.9.1 STRINGENT REGULATORY AND SAFETY GUIDELINES IN PLANTS TO FUEL MARKET GROWTH 127
TABLE 74 PHARMACEUTICAL: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 127
TABLE 75 PHARMACEUTICAL: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 127
TABLE 76 PHARMACEUTICAL: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 128
TABLE 77 PHARMACEUTICAL: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 128
8.10 SEMICONDUCTOR & ELECTRONICS 128
8.10.1 EVOLVING ADVANCEMENTS AND COMPLEX MANUFACTURING PROCESSES TO DRIVE MARKET 128
FIGURE 43 ASIA PACIFIC TO HOLD LARGEST MARKET SIZE FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY DURING 2022−2027 129
TABLE 78 SEMICONDUCTOR & ELECTRONICS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 129
TABLE 79 SEMICONDUCTOR & ELECTRONICS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 129
TABLE 80 SEMICONDUCTOR & ELECTRONICS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 130
TABLE 81 SEMICONDUCTOR & ELECTRONICS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 130
8.11 OTHERS 130
TABLE 82 OTHERS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2018–2021 (USD MILLION) 131
TABLE 83 OTHERS: REMOTE MONITORING AND CONTROL MARKET, BY TYPE, 2022–2027 (USD MILLION) 131
TABLE 84 OTHERS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 131
TABLE 85 OTHERS: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 131
9 REMOTE MONITORING AND CONTROL MARKET, BY REGION 133
9.1 INTRODUCTION 134
FIGURE 44 MARKETS IN INDIA AND CHINA TO GROW SIGNIFICANTLY DURING FORECAST PERIOD 134
TABLE 86 REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 134
TABLE 87 REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 135
9.2 NORTH AMERICA 135
FIGURE 45 NORTH AMERICA: REMOTE MONITORING AND CONTROL MARKET SNAPSHOT 136
TABLE 88 NORTH AMERICA: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 137
TABLE 89 NORTH AMERICA: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 137
TABLE 90 NORTH AMERICA: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 138
TABLE 91 NORTH AMERICA: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 138
9.2.1 US 138
9.2.1.1 Notable growth of process industries to fuel market growth 138
9.2.2 CANADA 139
9.2.2.1 Substantial growth in power and wastewater treatment industries to accelerate market growth 139
9.2.3 MEXICO 139
9.2.3.1 Increasing investments in metals & mining industry to propel market growth 139
9.3 EUROPE 140
FIGURE 46 EUROPE: REMOTE MONITORING AND CONTROL MARKET SNAPSHOT 140
TABLE 92 EUROPE: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 141
TABLE 93 EUROPE: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 141
TABLE 94 EUROPE: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 142
TABLE 95 EUROPE: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 142
9.3.1 UK 142
9.3.1.1 Growing deployment of IIoT in manufacturing industries to fuel market growth 142
9.3.2 GERMANY 143
9.3.2.1 Rising focus on Industry 4.0 to augment market growth 143
9.3.3 FRANCE 143
9.3.3.1 Ongoing advancements in transportation systems to propel remote monitoring and control market 143
9.3.4 REST OF EUROPE 144
9.4 ASIA PACIFIC 144
FIGURE 47 ASIA PACIFIC: REMOTE MONITORING AND CONTROL MARKET SNAPSHOT 145
TABLE 96 ASIA PACIFIC: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 146
TABLE 97 ASIA PACIFIC: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 146
TABLE 98 ASIA PACIFIC: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 147
TABLE 99 ASIA PACIFIC: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 147
9.4.1 CHINA 147
9.4.1.1 Significant focus on smart grid development to accelerate market growth 147
9.4.2 JAPAN 148
9.4.2.1 Thriving automotive industry to support market growth 148
9.4.3 INDIA 148
9.4.3.1 Government initiatives encouraging automation technologies to augment market growth 148
9.4.4 REST OF ASIA PACIFIC 149
9.5 REST OF THE WORLD (ROW) 149
TABLE 100 ROW: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2018–2021 (USD MILLION) 149
TABLE 101 ROW: REMOTE MONITORING AND CONTROL MARKET, BY INDUSTRY, 2022–2027 (USD MILLION) 150
TABLE 102 ROW: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2018–2021 (USD MILLION) 150
TABLE 103 ROW: REMOTE MONITORING AND CONTROL MARKET, BY REGION, 2022–2027 (USD MILLION) 150
9.5.1 MIDDLE EAST 151
TABLE 104 MIDDLE EAST: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 151
TABLE 105 MIDDLE EAST: REMOTE MONITORING AND CONTROL MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 151
9.5.1.1 UAE 151
9.5.1.1.1 Water and infrastructure network to boost market growth 151
9.5.1.2 Saudi Arabia 152
9.5.1.2.1 Saudi Arabia to dominate market in Middle East 152
9.5.1.3 Rest of Middle East 152
9.5.2 AFRICA 152
9.5.2.1 Metal & mining industry to significantly contribute to remote monitoring and control market 152
9.5.3 SOUTH AMERICA 153
9.5.3.1 Foreign investments in power sector to fuel market growth 153
10 COMPETITIVE LANDSCAPE 154
10.1 INTRODUCTION 154
10.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN 154
TABLE 106 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 154
10.3 REVENUE ANALYSIS FOR TOP FIVE PLAYERS 155
FIGURE 48 FIVE-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN SCADA MARKET 155
10.4 MARKET SHARE ANALYSIS, 2021 156
TABLE 107 SCADA MARKET: MARKET SHARE ANALYSIS (2021) 156
10.5 COMPANY EVALUATION QUADRANT, 2021 157
10.5.1 STARS 157
10.5.2 PERVASIVE PLAYERS 157
10.5.3 EMERGING LEADERS 157
10.5.4 PARTICIPANTS 158
FIGURE 49 SCADA MARKET: COMPANY EVALUATION QUADRANT, 2021 158
10.6 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2021 158
10.6.1 PROGRESSIVE COMPANIES 158
10.6.2 RESPONSIVE COMPANIES 159
10.6.3 DYNAMIC COMPANIES 159
10.6.4 STARTING BLOCKS 159
FIGURE 50 SCADA MARKET: SME EVALUATION QUADRANT, 2021 159
10.7 REMOTE MONITORING AND CONTROL MARKET: COMPANY FOOTPRINT 160
TABLE 108 COMPANY FOOTPRINT 160
TABLE 109 COMPANY INDUSTRY FOOTPRINT 161
TABLE 110 COMPANY TYPE FOOTPRINT 162
TABLE 111 COMPANY REGIONAL FOOTPRINT 163
10.8 COMPETITIVE BENCHMARKING 164
TABLE 112 REMOTE MONITORING AND CONTROL MARKET: LIST OF KEY START-UPS/SMES 164
TABLE 113 REMOTE MONITORING AND CONTROL MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 165
10.9 COMPETITIVE SCENARIO 165
TABLE 114 REMOTE MONITORING AND CONTROL MARKET: PRODUCT LAUNCHES, 2020–2022 165
TABLE 115 REMOTE MONITORING AND CONTROL MARKET: DEALS, 2020–2022 168
11 COMPANY PROFILES 172
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS 172
11.1.1 EMERSON ELECTRIC 172
TABLE 116 EMERSON ELECTRIC: BUSINESS OVERVIEW 172
FIGURE 51 EMERSON ELECTRIC: COMPANY SNAPSHOT 173
TABLE 117 EMERSON ELECTRIC: PRODUCT OFFERINGS 174
TABLE 118 EMERSON ELECTRIC: PRODUCT LAUNCHES 175
TABLE 119 EMERSON ELECTRIC: DEALS 176
11.1.2 HONEYWELL INTERNATIONAL 177
TABLE 120 HONEYWELL INTERNATIONAL: BUSINESS OVERVIEW 177
FIGURE 52 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT 178
TABLE 121 HONEYWELL INTERNATIONAL: PRODUCT OFFERINGS 178
TABLE 122 HONEYWELL INTERNATIONAL: DEALS 179
11.1.3 SIEMENS 181
TABLE 123 SIEMENS: BUSINESS OVERVIEW 181
FIGURE 53 SIEMENS: COMPANY SNAPSHOT 182
TABLE 124 SIEMENS: PRODUCT OFFERINGS 182
TABLE 125 SIEMENS: DEALS 184
11.1.4 SCHNEIDER ELECTRIC 185
TABLE 126 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 185
FIGURE 54 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 186
TABLE 127 SCHNEIDER ELECTRIC: PRODUCT OFFERINGS 186
TABLE 128 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 187
TABLE 129 SCHNEIDER ELECTRIC: DEALS 188
11.1.5 ABB 189
TABLE 130 ABB: BUSINESS OVERVIEW 189
FIGURE 55 ABB: COMPANY SNAPSHOT 190
TABLE 131 ABB: PRODUCT OFFERINGS 190
TABLE 132 ABB: DEALS 192
11.1.6 GENERAL ELECTRIC 193
TABLE 133 GENERAL ELECTRIC: BUSINESS OVERVIEW 193
FIGURE 56 GENERAL ELECTRIC: COMPANY SNAPSHOT 194
TABLE 134 GENERAL ELECTRIC: PRODUCT OFFERINGS 194
TABLE 135 GENERAL ELECTRIC: PRODUCT LAUNCHES 195
11.1.7 ROCKWELL AUTOMATION 196
TABLE 136 ROCKWELL AUTOMATION: BUSINESS OVERVIEW 196
FIGURE 57 ROCKWELL AUTOMATION: COMPANY SNAPSHOT 197
TABLE 137 ROCKWELL AUTOMATION: PRODUCT OFFERINGS 197
TABLE 138 ROCKWELL AUTOMATION: PRODUCT LAUNCHES 198
TABLE 139 ROCKWELL AUTOMATION: DEALS 199
11.1.8 YOKOGAWA ELECTRIC 200
TABLE 140 YOKOGAWA ELECTRIC: BUSINESS OVERVIEW 200
FIGURE 58 YOKOGAWA ELECTRIC: COMPANY SNAPSHOT 201
TABLE 141 YOKOGAWA ELECTRIC: PRODUCT OFFERINGS 201
TABLE 142 YOKOGAWA: PRODUCT LAUNCHES 202
TABLE 143 YOKOGAWA: DEALS 203
11.1.9 ENDRESS+HAUSER 204
TABLE 144 ENDRESS+HAUSER: BUSINESS OVERVIEW 204
FIGURE 59 ENDRESS+HAUSER: COMPANY SNAPSHOT 205
TABLE 145 ENDRESS+HAUSER: PRODUCT OFFERINGS 205
TABLE 146 ENDRESS+HAUSER: PRODUCT LAUNCHES 206
TABLE 147 ENDRESS+HAUSER: DEALS 207
11.1.10 FUJI ELECTRIC 208
TABLE 148 FUJI ELECTRIC: BUSINESS OVERVIEW 208
FIGURE 60 FUJI ELECTRIC: COMPANY SNAPSHOT 209
TABLE 149 FUJI ELECTRIC: PRODUCT OFFERINGS 209
TABLE 150 FUJI ELECTRIC: PRODUCT LAUNCHES 210
11.2 OTHER PLAYERS 211
11.2.1 ADVANTECH 211
TABLE 151 ADVANTECH: COMPANY OVERVIEW 211
11.2.2 ANTARES TECHNOLOGY 211
TABLE 152 ANTARES TECHNOLOGY: COMPANY OVERVIEW 211
11.2.3 BROOKS INSTRUMENT 212
TABLE 153 BROOKS INSTRUMENT: COMPANY OVERVIEW 212
11.2.4 DETECHTION TECHNOLOGIES 212
TABLE 154 DETECHTION TECHNOLOGIES: COMPANY OVERVIEW 212
11.2.5 FLOWTECH MEASURING INSTRUMENTS 213
TABLE 155 FLOWTECH MEASURING INSTRUMENTS: COMPANY OVERVIEW 213
11.2.6 GLOBALOGIX 213
TABLE 156 GLOBALOGIX: COMPANY OVERVIEW 213
11.2.7 ITARIAN 214
TABLE 157 ITARIAN: COMPANY OVERVIEW 214
11.2.8 LEOTECH 214
TABLE 158 LEOTECH: COMPANY OVERVIEW 214
11.2.9 M B CONTROL & SYSTEMS 215
TABLE 159 M B CONTROL & SYSTEMS: COMPANY OVERVIEW 215
11.2.10 PROSERV 215
TABLE 160 PROSERV: COMPANY OVERVIEW 215
11.2.11 RUBICON WATER 216
TABLE 161 RUBICON WATER: COMPANY OVERVIEW 216
11.2.12 SIERRA INSTRUMENTS 216
TABLE 162 SIERRA INSTRUMENTS: COMPANY OVERVIEW 216
11.2.13 TERACOM 217
TABLE 163 TERACOM: COMPANY OVERVIEW 217
11.2.14 VEGA GRIESHABER KG 217
TABLE 164 VEGA GRIESHABER KG: COMPANY OVERVIEW 217
11.2.15 WILLOWGLEN SYSTEMS 218
TABLE 165 WILLOWGLEN SYSTEMS: COMPANY OVERVIEW 218
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 ADJACENT MARKET 219
12.1 INTELLIGENT TRANSPORTATION SYSTEM (ITS) MARKET 219
12.2 INTRODUCTION 219
FIGURE 61 ITS MARKET FOR ROADWAYS: BY OFFERING 219
FIGURE 62 SOFTWARE OFFERINGS TO REGISTER HIGHEST CAGR IN ITS MARKET FOR ROADWAYS DURING FORECAST PERIOD 220
TABLE 166 ITS MARKET FOR ROADWAYS, BY OFFERING, 2017–2020 (USD BILLION) 220
TABLE 167 ITS MARKET FOR ROADWAYS, BY OFFERING, 2021–2026 (USD BILLION) 220
12.3 HARDWARE 221
FIGURE 63 ITS MARKET: HARDWARE OFFERINGS 221
TABLE 168 ROADWAYS: ITS MARKET FOR HARDWARE OFFERINGS, BY TYPE, 2017–2020 (USD MILLION) 222
TABLE 169 ROADWAYS: ITS MARKET FOR HARDWARE OFFERINGS, BY TYPE, 2021–2026 (USD MILLION) 222
12.3.1 INTERFACE BOARDS 222
12.3.1.1 Multifunctional boards 222
12.3.1.1.1 Use of multifunctional boards for vehicle tracking, data collection, and incident detection to boost market growth 222
12.3.1.2 Vehicle detection boards 223
12.3.1.2.1 Adoption of vehicle detection boards to transmit real-time information to traffic control servers to drive market 223
12.3.1.3 Communication boards 223
12.3.1.3.1 Deployment of communication boards to provide safety alerts and traffic conditions to fuel market growth 223
TABLE 170 ROADWAYS: ITS MARKET FOR INTERFACE BOARDS, BY TYPE, 2017–2020 (USD MILLION) 223
TABLE 171 ROADWAYS: ITS MARKET FOR INTERFACE BOARDS, BY TYPE, 2021–2026 (USD MILLION) 223
12.3.2 SENSORS 223
12.3.2.1 Vehicle detection sensors 224
12.3.2.1.1 Increasing demand from automobile manufacturers to drive market growth 224
12.3.2.2 Pedestrian presence sensors 224
12.3.2.2.1 Rising need to improve pedestrian safety in urban areas to fuel market growth 224
12.3.2.3 Speed sensors 224
12.3.2.3.1 Use of speed sensors to control vehicle speed during hazardous weather conditions to increase demand 224
TABLE 172 ROADWAYS: ITS MARKET FOR SENSORS, BY TYPE, 2017–2020 (USD MILLION) 224
TABLE 173 ROADWAYS: ITS MARKET FOR SENSORS, BY TYPE, 2021–2026 (USD MILLION) 224
TABLE 174 ROADWAYS: ITS MARKET FOR SENSORS, BY TYPE, 2017–2020 (MILLION UNITS) 225
TABLE 175 ROADWAYS: ITS MARKET FOR SENSORS, BY TYPE, 2021–2026 (MILLION UNITS) 225
12.3.3 SURVEILLANCE CAMERAS 225
12.3.3.1 Thermal cameras 225
12.3.3.1.1 Integration of thermal cameras with automobiles and traffic monitoring systems for traffic monitoring to drive market 225
12.3.3.2 AID cameras 225
12.3.3.2.1 Use of AID cameras to detect and capture incidents automatically to accelerate market growth 225
TABLE 176 ROADWAYS: ITS MARKET FOR SURVEILLANCE CAMERAS, BY TYPE, 2017–2020 (USD MILLION) 226
TABLE 177 ROADWAYS: ITS MARKET FOR SURVEILLANCE CAMERAS, BY TYPE, 2021–2026 (USD MILLION) 226
TABLE 178 ROADWAYS: ITS MARKET FOR SURVEILLANCE CAMERAS, BY TYPE, 2017–2020 (MILLION UNITS) 226
TABLE 179 ROADWAYS: ITS MARKET FOR SURVEILLANCE CAMERAS, BY TYPE, 2021–2026 (MILLION UNITS) 226
12.3.4 TELECOMMUNICATION NETWORKS 227
12.3.4.1 Fiber optic cables 227
12.3.4.1.1 Increasing demand for fiber optic cables to boost market growth for telecommunication networks 227
12.3.4.2 Copper lines 227
12.3.4.2.1 Deployment of copper lines to connect traffic signal transmission devices and video cameras to push market growth 227
12.3.4.3 Wireless media 227
12.3.4.3.1 Wide use of ZigBee, Wi-Fi, and Bluetooth in automobile communication applications to foster market growth 227
TABLE 180 ROADWAYS: ITS MARKET FOR TELECOMMUNICATION NETWORKS, BY TYPE, 2017–2020 (USD MILLION) 228
TABLE 181 ROADWAYS: ITS MARKET FOR TELECOMMUNICATION NETWORKS, BY TYPE, 2021–2026 (USD MILLION) 228
12.3.5 MONITORING AND DETECTION SYSTEMS 228
12.3.5.1 Automatic number plate recognition systems 228
12.3.5.1.1 Preference for ANPR systems over intelligent traffic controllers to stimulate market growth 228
12.3.5.2 Intelligent traffic controllers 229
12.3.5.2.1 Use of controllers to assess dynamic changes in traffic flow to support market growth 229
TABLE 182 ROADWAYS: ITS MARKET FOR MONITORING AND DETECTION SYSTEMS, BY TYPE, 2017–2020 (USD MILLION) 229
TABLE 183 ROADWAYS: ITS MARKET FOR MONITORING AND DETECTION SYSTEMS, BY TYPE, 2021–2026 (USD MILLION) 229
12.3.6 OTHERS 229
12.3.6.1 Linked traffic controllers 229
12.3.6.2 Variable message signboards 229
TABLE 184 ROADWAYS: ITS MARKET FOR OTHER HARDWARE OFFERINGS, BY TYPE, 2017–2020 (USD MILLION) 230
TABLE 185 ROADWAYS: ITS MARKET FOR OTHER HARDWARE OFFERINGS, BY TYPE, 2021–2026 (USD MILLION) 230
12.4 SOFTWARE 230
FIGURE 64 ITS MARKET: SOFTWARE OFFERINGS 230
TABLE 186 ROADWAYS: ITS MARKET FOR SOFTWARE OFFERINGS, BY TYPE, 2017–2020 (USD MILLION) 231
TABLE 187 ROADWAYS: ITS MARKET FOR SOFTWARE OFFERINGS, BY TYPE, 2021–2026 (USD MILLION) 231
12.4.1 VISUALIZATION SOFTWARE 231
12.4.1.1 Implementation of visualization software to manage traffic control systems 231
12.4.2 VIDEO DETECTION MANAGEMENT SOFTWARE 231
12.4.2.1 Use of video detection management software for real-time recording and monitoring of events 231
12.4.3 TRANSIT MANAGEMENT SOFTWARE 232
12.4.3.1 Implementation of transit management software to provide accurate information regarding vehicle location and performance 232
12.4.4 OTHERS 232
12.5 SERVICES 232
FIGURE 65 ITS MARKET: SERVICE OFFERINGS 232
TABLE 188 ROADWAYS: ITS MARKET FOR SERVICE OFFERINGS, BY TYPE, 2017–2020 (USD MILLION) 232
TABLE 189 ROADWAYS: ITS MARKET FOR SERVICE OFFERINGS, BY TYPE, 2021–2026 (USD MILLION) 233
12.5.1 BUSINESS AND CLOUD SERVICES 233
12.5.1.1 Business and cloud services hold larger market share than support and maintenance services 233
12.5.2 SUPPORT AND MAINTENANCE SERVICES 233
12.5.2.1 Increasing number of hardware and software components in automobiles to create demand for support and maintenance services 233
13 APPENDIX 234
13.1 INSIGHTS FROM INDUSTRY EXPERTS 234
13.2 DISCUSSION GUIDE 234
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 237
13.4 CUSTOMIZATION OPTIONS 239
13.5 RELATED REPORTS 239
13.6 AUTHOR DETAILS 240
