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Remote monitoring and control systems are designed to control large or intricate facilities. These monitoring and control systems are used in network operations centers, factories, airports, power plants, and spacecraft, with some degree of automation. This system receives data from telemetry streams, sensors, user inputs, and pre-programmed procedures for controlling processes. The growing need for the optimum utilization and efficiency of assets, coupled with the increasing demand for industrial mobility for remotely managing the process industry, and growing industrial automation is significantly fostering the market growth across the globe. For instance, according to Statista, the global industrial automation market accounted for USD 175 billion in 2020 and is projected to reach USD 265 billion by 2025. However, cyber security risks for the SCADA system impede the growth of the market over the forecast period of 2021-2027. Also, the growing demand for field instrument integration with the SCADA system is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Remote Monitoring and Control market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growth of the pharmaceutical industry as well as the adoption of novel technologies across various verticals. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as growing investment for wastewater management and rising inclination towards primary energy consumption would create lucrative growth prospects for the remote monitoring and control market across the Asia-Pacific region.
Major market player included in this report are:
Honeywell International Inc.
Fuji Electric Co., Ltd.
Rockwell Automation, Inc.
Schneider Electric SE
Yokogawa Electric Corporation
General Electric Co.
Endress+Hauser AG
Emerson Electric Co.
ABB Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Solutions
Field Instruments
By Industry
Oil & Gas
Metals & Mining
Chemicals
Pulp & Paper
Power
Food & Beverages
Water and Wastewater
Pharmaceuticals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Remote Monitoring and Control Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Remote Monitoring and Control Market, by Region, 2019-2027 (USD Billion)
1.2.2. Remote Monitoring and Control Market, by Type, 2019-2027 (USD Billion)
1.2.3. Remote Monitoring and Control Market, by Industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Remote Monitoring and Control Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Remote Monitoring and Control Market Dynamics
3.1. Remote Monitoring and Control Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for industrial automation and optimum utilization and efficiency of assets
3.1.1.2. Growing need for industrial mobility for remotely managing the process industry
3.1.2. Market Challenges
3.1.2.1. Cyber security risks for SCADA system
3.1.3. Market Opportunities
3.1.3.1. Rising demand for the field instrument integration with SCADA system
Chapter 4. Global Remote Monitoring and Control Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Remote Monitoring and Control Market, by Type
6.1. Market Snapshot
6.2. Global Remote Monitoring and Control Market by Type, Performance - Potential Analysis
6.3. Global Remote Monitoring and Control Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
6.4. Remote Monitoring and Control Market, Sub Segment Analysis
6.4.1. Solutions
6.4.2. Field Instruments
Chapter 7. Global Remote Monitoring and Control Market, by Industry
7.1. Market Snapshot
7.2. Global Remote Monitoring and Control Market by Industry, Performance - Potential Analysis
7.3. Global Remote Monitoring and Control Market Estimates & Forecasts by Industry 2018-2027 (USD Billion)
7.4. Remote Monitoring and Control Market, Sub Segment Analysis
7.4.1. Oil & Gas
7.4.2. Metals & Mining
7.4.3. Chemicals
7.4.4. Pulp & Paper
7.4.5. Power
7.4.6. Food & Beverages
7.4.7. Water and Wastewater
7.4.8. Pharmaceuticals
7.4.9. Others
Chapter 8. Global Remote Monitoring and Control Market, Regional Analysis
8.1. Remote Monitoring and Control Market, Regional Market Snapshot
8.2. North America Remote Monitoring and Control Market
8.2.1. U.S. Remote Monitoring and Control Market
8.2.1.1. Type estimates & forecasts, 2018-2027
8.2.1.2. Industry estimates & forecasts, 2018-2027
8.2.2. Canada Remote Monitoring and Control Market
8.3. Europe Remote Monitoring and Control Market Snapshot
8.3.1. U.K. Remote Monitoring and Control Market
8.3.2. Germany Remote Monitoring and Control Market
8.3.3. France Remote Monitoring and Control Market
8.3.4. Spain Remote Monitoring and Control Market
8.3.5. Italy Remote Monitoring and Control Market
8.3.6. Rest of Europe Remote Monitoring and Control Market
8.4. Asia-Pacific Remote Monitoring and Control Market Snapshot
8.4.1. China Remote Monitoring and Control Market
8.4.2. India Remote Monitoring and Control Market
8.4.3. Japan Remote Monitoring and Control Market
8.4.4. Australia Remote Monitoring and Control Market
8.4.5. South Korea Remote Monitoring and Control Market
8.4.6. Rest of Asia Pacific Remote Monitoring and Control Market
8.5. Latin America Remote Monitoring and Control Market Snapshot
8.5.1. Brazil Remote Monitoring and Control Market
8.5.2. Mexico Remote Monitoring and Control Market
8.6. Rest of The World Remote Monitoring and Control Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Honeywell International Inc.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Fuji Electric Co., Ltd.
9.2.3. Rockwell Automation, Inc.
9.2.4. Schneider Electric SE
9.2.5. Yokogawa Electric Corporation
9.2.6. General Electric Co.
9.2.7. Endress+Hauser AG
9.2.8. Emerson Electric Co.
9.2.9. ABB Ltd
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
TABLE 1. Global Remote Monitoring and Control market, report scope
TABLE 2. Global Remote Monitoring and Control market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global Remote Monitoring and Control market estimates & forecasts by Type 2018-2027 (USD Billion)
TABLE 4. Global Remote Monitoring and Control market estimates & forecasts by Industry 2018-2027 (USD Billion)
TABLE 5. Global Remote Monitoring and Control market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 6. Global Remote Monitoring and Control market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Remote Monitoring and Control market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Remote Monitoring and Control market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Remote Monitoring and Control market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Remote Monitoring and Control market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Remote Monitoring and Control market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Remote Monitoring and Control market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Remote Monitoring and Control market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Remote Monitoring and Control market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. U.S. Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. U.S. Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 17. U.S. Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 18. Canada Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Canada Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 20. Canada Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. UK Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. UK Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 23. UK Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. Germany Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 25. Germany Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Germany Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. RoE Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 28. RoE Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. RoE Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. China Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 31. China Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. China Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. India Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 34. India Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. India Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. Japan Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 37. Japan Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Japan Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. RoAPAC Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 40. RoAPAC Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. RoAPAC Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Brazil Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 43. Brazil Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. Brazil Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Mexico Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 46. Mexico Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. Mexico Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. RoLA Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 49. RoLA Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. RoLA Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. Row Remote Monitoring and Control market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 52. Row Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Row Remote Monitoring and Control market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Remote Monitoring and Control market
TABLE 55. List of primary sources, used in the study of global Remote Monitoring and Control market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered
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