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Global Field Device Management Market Size study, By Offering (Hardware, Software), By Protocols (FOUNDATION Fieldbus and HART, PROFIBUS, PROFINET, Modbus TCP/IP, EtherNet/IP, Others {ISA 100.11A and BRAIN}), By Industry (Process {Oil & Gas, Chemicals, Power & Energy, Food & Beverages, Pharmaceuticals, Metals & Mining, Others}, Discrete {Automotive, Manufacturing, Aerospace & Defence}) and Regional Forecasts 2021-2027

  • BIZ4899718
  • 200 Pages
  • January 2022
  • ICT & Media
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Global Field Device Management Market is valued at approximately USD 1.39 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2021-2027. Field Device Management (FDM) acts as a configuration and maintaining tool for the smart field devices for troubleshooting and analytical applications. This solution facilitates remote access to smart devices and presents field data of the machines for analytical maintenance. It serves a large number of devices by linking FDM customers to diverse distributed FDM servers. Additionally, it provides complete control over all machinery and saves time by lessening the number of fields trips. The growing significance and investment in the industry 4.0 and Smart Factory, coupled with the rising inclinations for cut-downing the operational and maintenance cost of machinery is propelling the demand for the market globally. For instance, in China, the IIoT market increased by 25% per year and is projected to reach approximately 300 billion yuan ($47 billion) in 2018, as per China’s Ministry of Industry and Information Technology. However, a shortage of proficient employees impedes the growth of the market over the forecast period of 2021-2027. Also, the initiatives by the FDM providers and collaborations for the product development & modification are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Field Device Management market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing automation majorly in the industries such as energy & power, manufacturing and automotive, as well as the rising need for FDM solutions for constant monitoring of procedures and field devices chiefly among these industries. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as the growing investments for the development of FDM solutions, along with the emergence of big data and industry 4.0 would create lucrative growth prospects for the Field Device Management market across the Asia-Pacific region.

Major market players included in this report are:

Honeywell

OMRON

Siemens

Mitsubishi Electric

Rockwell Automation

Emerson

Omega Engineering

Hamilton Company

Schneider Electric

Hach

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 Offering:

Hardware

Software

By Protocols:

FOUNDATION Fieldbus and HART

PROFIBUS

PROFINET

Modbus TCP/IP

EtherNet/IP

Others (ISA 100.11A and BRAIN)

By Industry:

Process

Oil & Gas

Chemicals

Power & Energy

Food & Beverages

Pharmaceuticals

Metals & Mining

Others

Discrete

Automotive

Manufacturing

Aerospace & Defence

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 Field Device Management 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

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Global Field Device Management Market, by Region, 2019-2027 (USD Billion)

1.2.2. Global Field Device Management Market, by Offerings, 2019-2027 (USD Billion)

1.2.3. Global Field Device Management Market, by Protocols, 2019-2027 (USD Billion)

1.2.4. Global Field Device Management Market, by Industry, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Field Device Management 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 Field Device Management Market Dynamics

3.1. Field Device Management Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growing requirements for FDM Systems

3.1.1.2. Increasing investments for the development of IIoT solutions by automation companies

3.1.2. Market Challenges

3.1.2.1. Growing need for maintaining data privacy and cybersecurity

3.1.3. Market Opportunities

3.1.3.1. Deployment of cloud computing technology

Chapter 4. Global Field Device Management 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 Field Device Management Market, by Offerings

6.1. Market Snapshot

6.2. Global Field Device Management Market by Offerings, Performance - Potential Analysis

6.3. Global Field Device Management Market Estimates & Forecasts by Offerings, 2018-2027 (USD Billion)

6.4. Field Device Management Market, Sub Segment Analysis

6.4.1. Hardware

6.4.2. Software

Chapter 7. Global Field Device Management Market, by Protocols

7.1. Market Snapshot

7.2. Global Field Device Management Market by Protocols, Performance - Potential Analysis

7.3. Global Field Device Management Market Estimates & Forecasts by Protocols, 2018-2027 (USD Billion)

7.4. Field Device Management Market, Sub Segment Analysis

7.4.1. FOUNDATION Fieldbus and HART

7.4.2. PROFIBUS

7.4.3. PROFINET

7.4.4. Modbus TCP/IP

7.4.5. EtherNet/IP

7.4.6. Others (ISA 100.11A and BRAIN)

Chapter 8. Global Field Device Management Market, by Industry

8.1. Market Snapshot

8.2. Global Field Device Management Market by Industry, Performance - Potential Analysis

8.3. Global Field Device Management Market Estimates & Forecasts by Industry, 2018-2027 (USD Billion)

8.4. Field Device Management Market, Sub Segment Analysis

8.4.1. Process

8.4.1.1. Oil & Gas

8.4.1.2. Chemicals

8.4.1.3. Power & Energy

8.4.1.4. Food & Beverages

8.4.1.5. Pharmaceuticals

8.4.1.6. Metals & Mining

8.4.1.7. Others

8.4.2. Discrete

8.4.2.1. Automotive

8.4.2.2. Manufacturing

8.4.2.3. Aerospace & Defence

Chapter 9. Global Field Device Management Market, Regional Analysis

9.1. Field Device Management Market, Regional Market Snapshot

9.2. North America Field Device Management Market

9.2.1. U.S. Field Device Management Market

9.2.1.1. Offerings breakdown estimates & forecasts, 2018-2027

9.2.1.2. Protocols breakdown estimates & forecasts, 2018-2027

9.2.1.3. Industry breakdown estimates & forecasts, 2018-2027

9.2.2. Canada Field Device Management Market

9.3. Europe Field Device Management Market Snapshot

9.3.1. U.K. Field Device Management Market

9.3.2. Germany Field Device Management Market

9.3.3. France Field Device Management Market

9.3.4. Spain Field Device Management Market

9.3.5. Italy Field Device Management Market

9.3.6. Rest of Europe Field Device Management Market

9.4. Asia-Pacific Field Device Management Market Snapshot

9.4.1. China Field Device Management Market

9.4.2. India Field Device Management Market

9.4.3. Japan Field Device Management Market

9.4.4. Australia Field Device Management Market

9.4.5. South Korea Field Device Management Market

9.4.6. Rest of Asia Pacific Field Device Management Market

9.5. Latin America Field Device Management Market Snapshot

9.5.1. Brazil Field Device Management Market

9.5.2. Mexico Field Device Management Market

9.6. Rest of The World Field Device Management Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Honeywell

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. OMRON

10.2.3. Siemens

10.2.4. Mitsubishi Electric

10.2.5. Rockwell Automation

10.2.6. Emerson

10.2.7. Omega Engineering

10.2.8. Hamilton Company

10.2.9. Schneider Electric

10.2.10. Hach

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Field Device Management market, report scope

TABLE 2. Global Field Device Management market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Field Device Management market estimates & forecasts by Offering 2018-2027 (USD Billion)

TABLE 4. Global Field Device Management market estimates & forecasts by Protocols 2018-2027 (USD Billion)

TABLE 5. Global Field Device Management market estimates & forecasts by Industry 2018-2027 (USD Billion)

TABLE 6. Global Field Device Management market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Field Device Management market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Field Device Management market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Field Device Management market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Field Device Management market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Field Device Management market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Field Device Management market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Field Device Management market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Field Device Management market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Field Device Management market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. U.S. Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. U.S. Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 19. Canada Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Canada Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. Canada Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 22. UK Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. UK Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. UK Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Germany Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Germany Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Germany Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. RoE Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. RoE Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. RoE Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. China Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. China Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. China Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. India Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. India Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. India Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. Japan Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. Japan Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Japan Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. RoAPAC Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. RoAPAC Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. RoAPAC Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Brazil Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. Brazil Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Brazil Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. Mexico Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. Mexico Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. Mexico Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. RoLA Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. RoLA Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. RoLA Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. Row Field Device Management market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. Row Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Row Field Device Management market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global Field Device Management market

TABLE 56. List of primary sources, used in the study of global Field Device Management market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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